Global Power Transformers Market 2016: Industry Study, Research, Statistics, and Research to 2021
Power transformers are used to connect electrical networks of different range voltages. They enable an exchange of power between these networks. Power transformers have a wide range of applications across various industries such as chemical plants, mining, etc. The market is driven by increasing power consumption, favourable government regulations and evolving technologies in developed countries. However, the volatile price of raw materials significantly hinders the adoption of power transformers. There is a growing demand for renewable and environmentally friendly energy...
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