Global distribution transformers market to reach $16.6B by 2020
According to GlobalData’s latest report “Distribution Transformers Market, Update 2016 – Market Size, Competitive Landscape, Key Country Analysis and Forecasts to 2020”, extensive power plant capacity additions, economic growth, and the need to improve access to electricity in the emerging economies of Asia-Pacific (APAC) and the Middle East are driving grid expansion and the distribution transformers market.