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Recent Insights
Infrastructure Bill Boosts U.S. Power Transformer Market Growth
The USA Power Transformer Market is driven by factors such as power generation especially renewable energy additions, bipartisan infrastructure bill and replacements. These three factors are predicted to instigate the demand for legacy grid equipment including...
National Security Concerns Pushing for the Localization of the U.S. Power Transformer Market
• Power transformers are a critical and the most vulnerable component in an electricity grid, especially with the ongoing digitalization of the grid infrastructure and ever-evolving cyber security threats.• The US lacks the production capacity to meet the demand for...
CIGRE Conference Impressions – 2022
The CIGRE Paris session, which ended just four weeks ago, was a mix of optimism and anxiety. The conference was attended by more than 9,000 attendees from 120 counties, out of which 35% were from the electrical utilities and 25% from the manufacturing sector. In past...
Impact of Renewable Energy on the Distribution Transformers Market in India
This infographic examines the renewable energy sector in India, specifically the growth in wind and solar energy. The historic years (2018-2021) and the forecast years (2022-2025) are studied in order to analyze the quantitative and qualitative impact this will have...
Reverse of Fortune: Global Grid Investment on the Rise in 2021
This infographic illustrates the distribution infrastructure investment trends in the past five years. It also contains information on the regional investments in distribution transformer market in 2019 vs 2020.[ba_advanced_divider active_element="text"...
Is Saudi Arabia’s Power Transformer Market Ready to Welcome New Manufacturers?
The global power transformer market according to Power Technology Research accounted for USD 16 billion in 2020. According to Power Technology Research, Saudi Arabia’s power transformer market accounted for US 178 million in 2020 and is forecasted to reach USD...
Global Distribution Transformer Landscape
• According to Power Technology Research, USD 187 billion is expected to be invested into the distribution sector globally in 2021.• The distribution transformer market in the North American region will be driven by renewable capacity additions in the U.S....