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Global Transformers Market to Reach $89.34b in 2030: GlobalData

Energy & Power

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EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)

The Transformers global is on a strong growth trajectory, projected to reach $89.34 billion in 2030, driven by rising electricity demand, renewable integration, and modernization.

Global Transformers Market to Reach $89.34b in 2030: GlobalData

The Asia-Pacific (APAC) region is set to lead the robust charge with investments, while the Europe, Middle East, and Africa (EMEA) region is poised to grow fastest, fueled by infrastructure upgrades and power sector reforms across developing economies in the Middle East and Afri

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