Global power transformer market to reach $37.3B by 2022

The latest research on the global transformer market published by Market Reports Center shows that power transformer market is currently in growth stage, more so for large transformers.

According to the report, global power transformer market is expected to grow at a CAGR of 7.07% from 2016 to 2022 and reach $37.3 billion by 2022, reports WhaTech.