Power Transformers Market Research Report Size, Share, Growth, Industry Forecast, 2022-2029 - 1

Power Transformers Market reached USD 30.8 billion in 2021 and is anticipated to reach USD 51.0 billion in 2029, registering at a CAGR of 6.5% during the forecast period The factors driving the growth of Power Transformers Market includes rise in the number of renewable energy projects around the world, expansion of the power grid networks, strict regulations imposed by governing bodies to reduce the impact of greenhouse gas emissions and development of green transformers

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