Power Transformer Market to Garner $50.8 Bn, Globally, by 2027 at 7.9% CAGR: Allied Market Research

According to the report, the global power transformer market was pegged at $27.7 billion in 2019, and is projected to reach $50.8 billion by 2027, growing at a CAGR of 7.9% from 2020 to 2027.