Asia-Pacific power transformer market expected to reach $8,9 B by 2023
The Asia-Pacific power transformer market was valued at $5.2 B in 2016, and is projected to reach $8,9 B by 2023, registering a CAGR of 8.1 % from 2017 to 2023.
#Asia-Pacific
High Voltage Equipment Market to be worth $116B by 2020
India, Pune: The report “High Voltage Equipment Market by Type (Power Transformers, Switchgear, Switches, Control, Reactive Power, Instrument Transformer, Relay Panel, Earthing Equipment, Battery Set), by Voltage & by Region – Global Forecast & Trends to 2020” is now available.
With $100B investment, SA is one of key transformer markets
Research and consulting firm GlobalData predicts the global transformers market will be worth $14 billion by 2020, up from $11.3 billion in 2014, driven by extensive power plant capacity additions, economic growth, and the need to improve access to electricity in emerging economies, such as Asia-Pacific and the Middle East, Utilities-me reports.
New global transformer markets report announced
UK, London: Reportbuyer has announced a new BCC Research report “Global Markets for Transformers” which covers various types of globally used power transformers and their applications.