
India power and distribution transformer market to reach $6.37 B by 2031
The India power and distribution transformer market was valued at $4.50 B in 2025 and is expected to reach $6.37 B by 2031, rising at a CAGR of 5.81 %.
The India power and distribution transformer market was valued at $4.50 B in 2025 and is expected to reach $6.37 B by 2031, rising at a CAGR of 5.81 %.
The global distributed energy generation market size is expected to reach $573.7 B by 2025, registering a CAGR of 16 % during the forecast period 2020-2026.
The rectifier transformers market is projected to reach $7.3 billion by 2032, growing at a CAGR of 5.5% during the forecast period from 2023 to 2032.
The transformer oil market is growing at a CAGR of 12.8 % and is projected to reach $6.08 B by 2030.
The transformer market is expected to grow from $66 B in 2024 to $116 B by 2033
LS Power Solution expands its Ulsan plant to meet rising global demand for ultra-high-voltage transformers.
Will these megatrends create a shortage in Medium Voltage Gas-Insulated Switchgear (GIS) and Solid Insulated Switchgear (SIS)?
30 Market Updates has made available a new research report on the global transformer oil market.