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Electronics & Automobile Industries Are Fuelling Voltage Tester Market Demand Over 2031
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Electronics & Automobile Industries Are Fuelling Voltage Tester Market Demand Over 2031
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Power Tool Accessories Market Research Report, Size, Share, Trends and Forecast to 2026
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Power Tool Accessories Market Research Report, Size, Share, Trends and Forecast to 2026
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NEW YORK, May 12, 2021 /PRNewswire/ The global circuit tracer market by end-user (service providers, industrial, and commercial) and geography (APAC, North America, Europe, South America, and MEA) has been added to Technavio s offering. The global circuit tracer market is expected to grow by USD 11.56 million, at a CAGR of almost 2% during 2021-2025.
Technavio has announced its latest market research report titled Circuit Tracer Market by End-user and Geography - Forecast and Analysis 2021-2025
The outbreak of COVID-19 negatively impacted the growth of the market in 2020. Disruptions in the supply chain led to a decline in energy demand and new capacity installations. However, rising investments in renewable energy are expected to increase the demand for circuit tracers and reduce the impact of the pandemic on market growth.