Presence of the high-power consuming countries such as China, Japan, and India to contribute toward the growth of the transformer oil market share in the region
Dry Type Transformer Market to Garner $7.3 Billion, Globally, by 2027 at 6.1% CAGR, Says Allied Market Research
PORTLAND, Ore., March 16, 2021 /PRNewswire/ Allied Market Research recently published a report, Dry Type Transformer Market by Type (Dry Type Converter Transformer and Dry Type Rectifier Transformer), Technology (Cast Resin and Vacuum Pressure Impregnation), Phase (Single-phase and Three-phase), Voltage (Low and Medium), and End Use (Industrial, Commercial, and Others): Opportunity Analysis and Industry Forecast, 2020-2027 . According to the report, the global dry type transformers market was pegged at $5.4 billion in 2019, and is projected to reach $7.3 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.
Drivers, restraints, and opportunities
Global Dry Type Converter Transformer Market 2020 Share, Growth Forecast, Industry Outlook 2025 texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.