Paralleling Switchgear Market Summary The global paralleling switchgear market was valued at USD 1.71 billion in 2023 and is expected to reach USD 3.06 billion by 2030, expanding at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2030. The rising demand for reliable and uninterrupted power supply across diverse industrial sectors is one of the key drivers of market growth....