Global Converter Transformer Market report available
United Kingdom, London: A new report on global converter transformer market is now available, titled “Converter Transformer Market - by Configuration, Voltage level, Application, Power rating, and by Region - Global trends and forecast to 2020”.
United Kingdom, London: A new report on global converter transformer market is now available, titled “Converter Transformer Market – by Configuration, Voltage level, Application, Power rating, and by Region – Global trends and forecast to 2020”.
This study estimates the global converter transformer market in terms of application, voltage level, configuration, power rating and region till 2020. It also offers a detailed qualitative and quantitative analysis of this market, reports Market Watch.
According to the report, the market is expected to grow at a very high CAGR of approximately 18.2% from 2015 to 2020.
Increased focus on renewable energy generation has been a key trend in the global power industry scenario. Integration of the upcoming renewable power projects as well as the existing ones into the existing grid is key factor contributing to the growth of converter transformer market.
The companies profiled in the report include ABB Ltd., General Electric, Siemens and Crompton Greaves.
Source: Market Watch
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