New Global Power and Distribution Transformers Market report
A new report titled “Global Power and Distribution Transformers Market Forecast & Opportunities, 2020” report has been announced, providing discussion on global power and distribution market size, share and forecast, segmental analysis by ratings and region, changing market trends and emerging opportunities, and strategic recommendations.
A new report titled “Global Power and Distribution Transformers Market Forecast & Opportunities, 2020” report has been announced, providing discussion on global power and distribution market size, share and forecast, segmental analysis by ratings and region, changing market trends and emerging opportunities, and strategic recommendations.
According to the report, the market for power transformers had the largest market share by value in 2014 and is forecasted to have around 60% of the total market share in power and distribution transformers market in 2020, reports TechSci Research.
The power transformers market have the highest CAGR of 6.2% during the period 2015-2020, followed by distribution transformers which is forecasted to grow with a CAGR of 5.1% during 2015-2020.
The market growth rate of transformers in the ratings of above 500 MVA will be leading in power transformers market, whereas transformers with the ratings of 1,000.1-5,000 kVA in distribution transformers will be the highest.
Source: TechSci Research
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