Power transformers market expected to grow considerably by 2020
The global power transformer market is expected to increase from 10.3 billion in 2013 to 19.7 billion in 2020, at a CAGR of 9.6% due to emerging countries’ extensive power plant capacity additions, economic growth and the need to improve access to electricity, forecasts the report at http://www.rnrmarketresearch.com/power-transformers-market-for-power-industry-2013-update-global-market-size-equipment-market-share-key-country-analysis-to-2020-market-report.html.