Smart transformers: Revolutionizing the renewable energy landscape
The global transformer market is expected to move towards smart transformers that are more equipped to accommodate the significant deployment of renewable energy.
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Power, distribution and specialty transformer global market 2021
The global transformer market is expected to grow from $184.21 B in 2020 to $202.08 B in 2021 at a compound annual growth rate (CAGR) of 9.7 %.