#demand

A high demand for transformers is creating new growth frontiers in the transformer market.

Future Market Insights has added a new report titled “Electrical Steel Market Segmentation by Product Type – Grain-Oriented Electrical Steel, Non-Grain Oriented Electrical Steel, Semi-Processed; By Application – Transformers, Portable, Distribution, Motors, Inductors” to their offering.

The Philippines, Manila: The National Grid Corportion of the Philippines (NGCP) has upgraded its Tuguegarao substation in order to accommodate the growing demand coming from a new airport and several local businesses in four provinces in the Northern Luzon.

Global transformer manufacturers engaged in the business of transformer production and distribution in Africa have been focusing their attention on developing and expanding their local production capacities in order to position themselves in the Africa’s surging transformer market and respond to the growing demand for this critical electrical equipment.

Ethiopia, Addis Ababa: Turkish-based Sunrise Engineering and Machinery Manufacturing PLC, a company engaged in the business of manufacturing and distribution of transformers in Ethiopia for more than a year, is currently looking to expand its production capacity with an additional investment of $5million to $7.5 million.