Tag Archives: Flexible Shunt Compensation Market Trends

Flexible Shunt Compensation Market to see Huge Growth by 2029

The global flexible shunt compensation market is expected to grow from USD 1.02 Billion in 2022 to USD 2.06 Billion by 2029, at a CAGR of 7.1% from 2023 to 2029. The growth of the market can be attributed to the increasing demand for electric vehicles and renewable energy sources, growing industrialization and urbanization, and […]