Market Research Report
Global Power Transformers Market 2017-2021
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||274364|
|Published||Content info||70 Pages
Power transformers are defined as static devices comprising two or more windings; they use electromagnetic induction to transform an alternating current or voltage system into a different system of current or voltage, which has been stepped up or stepped down for the transmission of electric power. Power generating utilities find it highly cost-effective to generate electric power at low voltage levels.
Technavio's analysts forecast the global power transformers market to grow at a CAGR of 7.16% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global power transformers market for 2017-2021. To calculate the market size, the report considers new sales and excludes retrofit/replacement/spares/ aftermarket/services market.
The market is divided into the following segments based on geography:
Technavio's report, Global Power Transformers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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