Smart Transformer Market Size, Share and 2025 Emerging Technologies: Global Industry, Historical Analysis and Latest Innovations 2018
To meet the stringent carbon emission regulations and to minimize the dependency on the depleting fossil resources, several countries are focusing on utilizing renewable sources of energy, such as wind and solar. Research N Report's market study identifies the capacity expansions in renewable power generation as one of the primary growth factors for the smart transformer market. GCC countries and countries in Europe including Germany, Turkey, and Sweden have already started expanding the capacity of their renewable power generation units....
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