Future of Power Transformer Market: Innovations and Developments
The global power transformer market was valued at approximately USD 22.83 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. This growth is expected to be driven by several key factors, with the rising demand for electricity in both emerging and developed countries being a major contributing factor. As nations continue to...
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