Power Factor Correction Market to Reach USD 3.3 billion by 2030 | MarketsandMarkets™

DELRAY BEACH, Fla. , Sept. 11, 2024 /PRNewswire/ — The global Power Factor Correction Market is growing at a CAGR of 5.5% and is expected to reach USD 3.3 billion by 2030, up from USD 2.4 billion in 2024. The demand for power factor is on the rise due to various factors such as the…