Global Transformer Market Report 2023

Research And Markets has issued its Global Transformer Market Report 2023.

 


Global Transformer Market Report 2023

Image for illustration purposes.

Research And Markets has issued its Global Transformer Market Report 2023.

According to the Research And Markets report, the sector is expected to reach $81.6 B by 2027, at a CAGR of 10.6 %. The report features an analysis of various transformer types, capacity ratings, phases, insulation types, mounting locations, end-use industries, and regional market development of transformers.

The report is further divided according to major countries regarding transformer opportunities, such as the U.S., China, India, and Germany, among others. Report also includes leading companies and their product types, revenue, and more, such as General Electric Co., Hyundai Electric & Energy Systems Co. Ltd., Mitsubishi Electric Corp., Siemens AG, and others. Additionally, the report contains a transformer market patent analysis, which is important for investors.

2021 has been taken as the base market year, with estimates given for 2022, and a forecast for the period from 2022 to 2027.

Source: Yahoo Finance