distribution transformer market :Trends, Growth Drivers, and Revenue Insights for Future
The global distribution transformer market size was valued at USD 19.69 billion in 2024 and is expected to register a CAGR of 5.8% from 2025 to 2034. The increasing demand for reliable and uninterrupted power supply drives the industry growth. Also, the rising focus on renewable energy and grid expansion is expected to boost the growth during the forecast period.
Market Scope...
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