
Global transformer market to reach $89.34 B in 2030
Rising electrification, renewables, and industrial growth drive transformer market toward $89.34B globally by 2030, led by APAC and EMEA.
Rising electrification, renewables, and industrial growth drive transformer market toward $89.34B globally by 2030, led by APAC and EMEA.
USA, California: Global Industry Analysts has released a comprehensive global report on power transformers “Power Transformers: A Global Strategic Business Report”.
USA, California: Global Industry Analysts Inc. published a research titled ‘Distribution Transformers: A Global Strategic Business Report’ which provides market review, trends, drivers, mergers, acquisitions and other strategic industry activities.
USA: The global power transformers market is expected to reach $18.55 billion by 2020, according to a new study by Grand View Research, Inc.
USA: BCC Research announced new report Global Market for Transformers.
USA, New York: A new market research report Global Electrical Transformer Market to 2018 – Market Size, Top 10 Countries, Trends, and Forecasts is now available from Reportlinker.
According to a recent report, the global power transformer market stood at $10.3 billion in 2013. While Asia and the Middle East drove growth, North America has not had the same success but, having 70 % of power transformers that are over 25 years old, the North American market provides major opportunities for power transformer companies.