![Asia and Middle East to drive transformer market to $19bn by 2020 3749aaa8ee129d7e919bddcc7e09cd36](https://transform.zgisoft.com/files/3749aaa8ee129d7e919bddcc7e09cd36-340x210.jpg)
Asia and Middle East to drive transformer market to $19bn by 2020
A new research conducted by GlobalData has shown that the global power transformer market is expected to rise from the present $10.3 bn to $19.7 bn in 2020 and the key market drivers will come from China, India and the Middle East.