Global Power Transformers Market Value Will Reach $14 Billion by 2020; Finds New Report
The value of the global power transformers market will increase from $11.3 billion in 2015 to $14 billion by 2020, driven by the nine major markets of the US, China, India, Saudi Arabia, Brazil, Japan, Germany, Canada and the UK, according to new report.
The company's latest report states that growth will primarily be driven by extensive power plant capacity additions, economic growth, and the need to improve access to electricity in emerging economies, such as Asia-Pacific and the Middle...
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