#global market

According to a report by Allied Market Research, the global transformers market industry is anticipated to generate $102.96 B by 2031.

The power transformers market size is set to surpass $35 B by 2032, according to a new research report by Global Market Insights Inc.

Industrial control transformer market is projected to grow from $0.9 B in 2022 to $1.2 B by 2027, at a CAGR of 5.0 % according to a new report.

The global DC power supplies market reached a value of $400 M in 2021.

Based on a new market study, Global Industry Analysts Inc. has released a report on gas-insulated transformer market analytics and trajectory.

The global instrument transformers market is expected to grow from $7.61 B in 2021 to $8.17 B in 2022 at a CAGR of 7.4 %.

With the clean energy transition in full swing, EV charging infrastructure development is becoming paramount in sparking growing acceptance towards zero-emission vehicles.

The global power generation, transmission and control equipment market is expected to grow to $538.91 B in 2022 at CAGR of 11.3 %.

The global high power transformers market is expected to grow from $13.62 billion in 2021 to $16.51 billion in 2022 at a CAGR of 21.3%.

Energy generation, transmission, and distribution are the three core areas, which require utmost attention in the electric power industry.

The global gas insulated transformer market is valued at $2.3 B in 2020, and it is anticipated to reach $3.1 B by 2027, at a CAGR of 4.75 % during 2022-2027.

Transformers play a pivotal role in the generation, transmission and distribution (T&D) of electricity.

According to the Reportlinker, the growth in the global market is steered by rising demand for electricity and the resulting expansion of the T&D network.

Acumen Research and Consulting has published report on switch mode power supply transformers market.

The global market for packaged substation, estimated at $11.3 B in the year 2020, is projected to reach the size of $21.8 B by 2027, growing at a CAGR of 9.8 %.

Market Reports World has made available a new market research report, titled ”Global Grain Oriented Electrical Steel Market Research Report 2021”.

This report studies transformer monitoring in the global market, with an emphasis on North America, Europe, China, Japan, Southeast Asia and India.

Belgium, Brussels: Today at the Competitiveness Council in Brussels, EU industry ministers from across Europe will discuss actions to actively support the European steel industry to enable the sector to compete on a fair and level playing field within the global market.

USA, Texas: A new global busbar market research report “Busbar Market by Power Rating, End User & Region – Global Trends & Forecasts to 2020” is now available.