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2026-06-17 11:32:17 -

Industrial Automation and Smart Factories Create New Opportunities in Power Management

The global power management solution market is witnessing significant growth as industries across the world increasingly focus on energy efficiency, operational reliability, and sustainability. Valued at US$ 1.9 billion in 2022, the market is projected to reach US$ 4.5 billion by 2031, expanding at a CAGR of 9.1% from 2023 to 2031. The growing need to optimize energy consumption, reduce...

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