Data center boom to push electrical equipment market to $65B by 2030
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The data center boom is expected to drive growth in the electrical equipment market, potentially reaching $65 billion by 2030. This growth may lead to changes in industry dynamics and the power supply chain, with some reports suggesting a surge in demand for gas-fired power. The impact of the data center boom on the market and economy is still being assessed, with some outlets warning of potential inflationary effects.
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