Transformer breathers market to grow at a CAGR of 5.07%

New Technavio’s report titled “Global Transformer Breathers Market 2017-2021” covers analysis, competitive landscape, forecast and strategies in this market, analysing its growth prospects over the coming years.

According to the study, the global transformer breathers market is projected to grow at a CAGR of 5.07% during the period 2017-2021, reports HFT.

The main market driver is capacity expansion of renewable power generation, while lack of effective product differentiation is the greatest challenge in this market.

The key market players mentioned in the report include ABB, Brwonell, Drytech, Eaton, and Hawke International, among others.

Source: HFT Market Intelligence