Power Transformers Market, Update 2015

GlobalData has made available their latest market analysis report on the global power transformers titled “Power Transformers Market, Update 2015 – Global Market Size, Equipment Market Share and Key Country Analysis to 2020″.

With $100B investment, SA is one of key transformer markets

Research and consulting firm GlobalData predicts the global transformers market will be worth $14 billion by 2020, up from $11.3 billion in 2014, driven by extensive power plant capacity additions, economic growth, and the need to improve access to electricity in emerging economies, such as Asia-Pacific and the Middle East, Utilities-me reports.