US EditionGlobal transformers market to reach $89.34 billion in 2030, led by Asia-Pacific, forecasts GlobalData
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Global transformers market to reach $89.34 billion in 2030, led by Asia-Pacific, forecasts GlobalData
The global transformers market is on a strong growth trajectory, projected to reach $89.34 billion in 2030, driven by rising electricity demand, renewable integration, and grid modernization. The Asia-Pacific (APAC) region is set to lead the charge with robust investments, while the Europe, Middle East, and Africa (EMEA) region is poised to grow fastest, fueled by infrastructure upgrades and power sector reforms across developing economies in th…
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