According to the research report, the global large power transformers market was worth US$18.3 bn in 2013. From 2014 to 2022, the market is expected to grow at a CAGR of 7.80% to reach a figure of US$31 bn by 2022 in terms of revenue. In terms of volume, the demand for large power transformers stood at 11,223 units in 2013 and is expected to reach 18,709 units by 2022, growing at a CAGR of 7.70% from 2014 to 2022.
The stupendous growth of the global large power transformers market ... Read more
