ME Smart Transformers Market to grow at 5.2% CAGR
Ireland, Dublin: Research and Markets has announced the addition of the “Middle East Smart Transformers Market – Growth, Trends and Forecasts (2015-2020)” report to their offering.
According to the report, the Middle East smart transformers market has been estimated to grow at a CAGR of 5.2% during the forecast period from 2015 to 2020, reports Business Wire.
This market is driven by a number of factors, such as the increasing rate of industrialization, the constantly growing demand for power, and changing power consumption patterns by households and corporations all over the world.
The key companies profiled include ABB, Alstom, Cooper Power Systems, Crompton Greaves, Eaton, GE, Gridco Systems, Howard Industries, Mitsubishi Electric, Schneider Electric, Siemens AG, Spx Transformer Solutions, andTesla.
Source: Business Wire