
Smart transformers: Revolutionizing the renewable energy landscape
The global transformer market is expected to move towards smart transformers that are more equipped to accommodate the significant deployment of renewable energy.
The global transformer market is expected to move towards smart transformers that are more equipped to accommodate the significant deployment of renewable energy.
The global transformer market is expected to grow from $184.21 B in 2020 to $202.08 B in 2021 at a compound annual growth rate (CAGR) of 9.7 %.