Power Transformer Market Will Expand in the Coming Decade as Per Report
Global power transformer market size is expected to reach $35,353 million by 2022 from $23,019 million in 2015 with a CAGR of 7.07% from 2016 to 2022. Power transformer is a static machine used in transmission network. It helps in the transmission of power from one network to the other without change in frequency.
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