New Product Launches Fuel Current Transducer Market Expansion
The current transducer market is poised for significant growth, with an estimated increase from US$781.9 million in 2024 to US$1,056.9 million by 2031, reflecting a CAGR of 4.4% during the forecast period. This growth is primarily driven by the rising adoption of electric vehicles (EVs) and the expansion of charging infrastructure, which increases demand for current transducers in...
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