Current Transformer Market size to increase by USD 422.01 million during 2022-2027, Enhanced accuracy of current transformers at extremely low current levels to drive the growth - Technavio
NEW YORK, Dec. 15, 2023 /PRNewswire/ -- The current transformer market size is expected to grow by USD 422.01 million between 2022 and 2027.
- NEW YORK, Dec. 15, 2023 /PRNewswire/ -- The current transformer market size is expected to grow by USD 422.01 million between 2022 and 2027.
- However, the growth momentum of the market will progress at a CAGR of 8% during the forecast period.
- The report analyses the market size and growth and provides accurate predictions on the growth of the market.
- The Gas Insulated Transformer Market size is estimated to grow at a CAGR of 5% between 2022 and 2027 and the size of the market is forecast to increase by USD 995.05 million.