Transformer Global Market Report 2022: Market is Expected to Reach $220.40 Billion in 2026 at a CAGR of 23.3% - Long-term Forecast to 2031 - ResearchAndMarkets.com
The "Transformer Global Market Report 2022, By Transformer Type, By Type, By End User" report has been added to ResearchAndMarkets.com's offering.
- The "Transformer Global Market Report 2022, By Transformer Type, By Type, By End User" report has been added to ResearchAndMarkets.com's offering.
- The transformers market consists of sales of transformers and related services which are used in manufacturing of power, distribution and specialty transformers.
- The power transformer is a type of transformer that is used to transfer electrical energy between the generator and the distribution primary circuits.
- Favorable government policies to increase electrification will contribute to the growth of the transformers market in the forecast period.