Pad-Mounted Transformer Market Rising by Large Investments Planned for Upgradation and Expansion of Power Transmission
Industrial end users are expected to grow at the highest rate in the end user segment. The key driving factor will be favorable government policies for the growth of industries in various countries such as Mexico, China, Brazil, and India. The U.S. has come up with new norms for the efficiency of distribution transformers which will be implemented from 1st January, 2016. More efficient pad-mounted transformers will reduce electricity wastage and thereby increase savings in terms of power and capital....
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