Key Trends Shaping the Power Transformer Market
The global power transformer market was valued at USD 22.83 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. This growth is primarily driven by the increasing demand for electricity in both emerging and developed countries, alongside significant investments in infrastructure. As countries expand their electrical grids and...
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