Transformer Market Size to Grow $88.48 billion by 2030
According to a research report “Transformer Market by Type (Power Transformer, Distribution Transformer, Instrument Transformer and Specialty Transformer), Coooling Type (Oil-cooled and Air-cooled), Power Rating (Low, Medium, High), Phase (Three and Single), Insulation (Oil, Solid, Air, Gas), End User (Power Utilities, Industrial, Residential & Commercial, Data Centers, and Other End Users),...
Distribution Transformer Market Size to Grow $29.6 billion by 2030 at a CAGR of 6.7%.
According to a research report “Distribution Transformer Market by Mounting (Pad, Pole, Underground), Phase (Three and Single), Power Rating (Up to 0.5 MVA, 0.5-2.5 MVA, 2.5-10 MVA, above 10 MVA), Insulation (Oil-immersed, Dry), End User, and Region – Global Forecast to 2030″, the distribution transformer market is projected to reach USD 21.4 billion by 2025 to USD 29.6 billion by...
Distribution Transformer Market Size to Hit $24.9 billion by 2029 at a CAGR of 6.1%
According to a research report “Distribution Transformer Market by Mounting (Pad, Pole, Underground), Phase (Three and Single), Power Rating (Up to 0.5 MVA, 0.5-2.5 MVA, 2.5-10 MVA, Above 10 MVA), Insulation(Oil Immersed, Dry), End User and Region – Global Forecast to 2029″, the market size for distribution transformers is projected to reach approximately USD 24.9 billion by the...
Transformer Monitoring Market worth $3.7 Billion by 2028
The global Transformer Monitoring Market is expected to grow from an estimated USD 2.4 billion in 2023 to USD 3.7 billion by 2028, at a CAGR of 9.1% during the 2023–2028 period according to a new report by MarketsandMarkets™. Transformer monitoring is critical for guaranteeing power transformer reliability and performance. It enables real-time monitoring of critical factors like temperature, oil...