#market


market

$241 M solid-state transformer markets

The “Solid-State Transformer Market by Voltage Level (HV/MV, MV/LV) – Global Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.

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The global power transformer market overview

The market size for power transformers was valued at over $25B in 2019 and is anticipated to witness an annual installation splurge of over 42,000 units by 2026.

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Transformer oil market to hit $3 B by 2025

The global transformer oil market is projected to reach $3B by 2025 from a market size of $2.2B in 2020, at a CAGR of 6.9% during the forecast period.