Argentina’s switchgear market projected to grow

Argentina switchgear market is anticipated to grow at CAGR of 1.3% during 2019-2025 on account of increasing number of renewable power projects under the government initiative RenovAr and improvement of power transmission infrastructure, says a Research and Markets report. Approximately $33.2 billion have been invested in the past few years in new projects rising development in the power utility and transportation sectors as part of government development plans.

Source: Research and Markets