InDepthAnalysis: Global Power Transformer Market 2012-2016
Global Power Transformer market to grow at a CAGR of 7 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand in developing countries. The Global Power Transformer market has also been witnessing an increase in the power generation capacity. However, fluctuating raw material prices could pose a challenge to the growth of this market.