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The high voltage equipment market is expected to grow in the next ten years, as per the new report Global Electricity Transmission Equipment Market Report.

Global smart transformers market was valued at $1.77 B in 2019 and is projected to reach $3.72 B by 2027, growing at a CAGR of 10.48 % from 2020 to 2027.

The global market for distribution transformers estimated at $17. 4 B in the year 2020, is projected to reach a revised size of $19.7 B by 2027.

The global dry type transformer market was valued at $5.4 Bin 2019, and is projected to reach $7.3 B by 2027, growing at a CAGR of 6.1% from 2020 to 2027.

The global gas insulated substation market, estimated at $14.7 B in 2015, is expected to reach value $35.8 B, rising at a CAGR of 10.31 % from 2015 to 2024.

The flexible AC transmission systems market is estimated to grow from $1.2 B in 2020 to $1.5 B by 2025, at a CAGR of 5.4 % from 2020 to 2025.

The global substation monitoring system market was valued at $4.07 B in 2019 and is projected to reach $7.18 B by 2027, growing at a CAGR of 7.93 % from 2020 to 2027.

Mobile substation market was valued at $1.02 B in 2019 and is projected to reach $11.67 B by 2027, growing at a CAGR of 7.4 % from 2020 to 2027.

The Middle East distribution transformer market was registered at $2.75 B in the year 2015 and is anticipated to reach $3.9 B by 2024.

North America is expected to be the leading contributor to the global market revenue during the forecast period.

The global GIS substations market size was $28 B and it is expected to reach $37.45 B by the end of 2026, with a CAGR of 4.2 % during 2021-2026.

The global digital substation market, valued at $1.7 B in 2020, is expected to reach $2.5 B by the end of 2026, growing at a CAGR of 5.7 % during 2021-2026.

The Asia-Pacific power transformer market was valued at $5.2 B in 2016, and is projected to reach $8,9 B by 2023, registering a CAGR of 8.1 % from 2017 to 2023.

MarketsandMarkets has published a m”Transformer Monitoring System Market by Type (Hardware Solutions and IT Solutions), Application (Distribution Transformers, and Power Transformers), Service (Oil/Gas Monitoring, and Bushing Monitoring), and Region – Global Forecast to 2021″

According to GlobalData’s latest report “Distribution Transformers Market, Update 2016 – Market Size, Competitive Landscape, Key Country Analysis and Forecasts to 2020”, extensive power plant capacity additions, economic growth, and the need to improve access to electricity in the emerging economies of Asia-Pacific (APAC) and the Middle East are driving grid expansion and the distribution transformers market.

Future Market Insights has made available a new market research report titled “Electrical Steel Market: Rising demand for High Permeability Grain-oriented Electrical Steel to Fuel Growth: Global Industry Analysis and Opportunity Assessment, 2016-2026”.

United Kingdom, London: Technavio has announced the top five leading vendors in their recent global transformer oil market report until 2020. This research report also lists five other prominent vendors that are expected to impact the market during the forecast period.

The analysts forecast the global instrument transformer market to grow at a CAGR of 7.81% during the period 2016-2020.

Ireland, Dublin: Research and Markets has announced the addition of the “Global Transformer Monitoring Solutions Market” report to their offering.

Belgium, Brussels: The European Parliament last week voted through a Resolution on Market Economy Status (MES) for China, highlighting its firm reservations on granting China MES.

A new market report titled “Packaged Substation Market by voltage Split (below 36kV and above 36kV to 150kV), by Application (Industrial, Infrastructure, and Power Utilities & Generation) and by Region – Global Trends and Forecasts to 2019” has been made available by Markets and Markets.

Micro Market Monitor has made available a new market research report titled “North America Traction Transformer by Type (Tap Changing, Tapped, Rectifier), by Application (High Speed Train, Electric Locomotive, Electrical Multiple Unit, Tram), by Voltage Range (AC, DC), by Geography – Analysis & Forecast to 2019”.

A new research report on global power transformer market by Global Market Insights forecasts the power transformer market size will exceed $34.6 billion by 2022.

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″.