
World’s renewables to hit 11.2 TW by 2035
Driven by falling costs and strong policy support, global renewable capacity is projected to more than triple from 2024 to 2035, led by solar and wind.
Driven by falling costs and strong policy support, global renewable capacity is projected to more than triple from 2024 to 2035, led by solar and wind.
Rising electrification, renewables, and industrial growth drive transformer market toward $89.34B globally by 2030, led by APAC and EMEA.
The global power mergers and acquisitions (M&A) market saw transaction volumes reaching $158 B in 2018 according to GlobalData.
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″.
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.
United Kingdom, London: Reportbuyer.com published a new market research report ‘Power Transformers Market for Power Industry, 2013 Update – Global Market Size, Equipment Market Share, Key Country Analysis to 2020’.