global transformer industry

Top Transformer Industry Trends in 2018 and 3 driving factors

The current urbanization mania and the soaring population have undeniably led to an upsurge in power demand, thereby driving global transformer industry. Indeed, the market is estimated to witness an annual installation of 6 million units of transformers by 2024. Statistics indicate that when compared to the consumption about three decades back, electricity consumption has […]

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