Large Power Transformer Manufacturers Expand Capacity Globally
The large power transformer manufacturers landscape is being reshaped by a capacity expansion cycle that is unusual for a mature heavy electrical sector, as demand from grid modernization, renewable integration, and data centres outruns available production. Analysis presented by Market Research Future values the market at $24.31 billion in 2024, rising to $33.83 billion by 2035 at a 3.05%...
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