Large Power Transformer Market Outlook: Demand Surge from Grid...

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2026-01-19 10:25:53

Large Power Transformer Market Outlook: Demand Surge from Grid Modernization

The Global Large Power Transformer Market is poised for robust growth from 2025 to 2033, driven by the relentless global demand for electricity, massive investments in grid modernization, and the accelerating transition to renewable energy sources. The market is projected to be valued at approximately USD 21.3 billion in 2025 and is forecasted to reach nearly USD 33.4 billion by 2033,...

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