Power Transformer Market Size, Product Cost Analysis and Forecast 2030
Power Transformer Industry
The global power transformer market size was valued at USD 22.83 billion in 2022. It is anticipated to grow at a compound annual growth rate (CAGR) of 7.1% during the period from 2023 to 2030. This expected expansion is primarily driven by the increasing demand for electricity in both emerging and developed countries. Rapid urbanization, industrial growth, and the...
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