Instrument Transformers Industry to Reach $10.6 billion by 2030

The global instrument transformers market is projected to grow from an estimated USD 7.1 billion in 2023 to USD 10.6 billion by 2030, demonstrating a CAGR of 5.8% during the forecasted period. The instrument transformers market is poised for substantial growth during this period, primarily …

Global Comprehensive Review of Instrument Transformers Market Trends and Recent Development

The global instrument transformers market is projected to grow to reach USD 9.06 billion by 2022, growing at a CAGR of 4.35%, from estimated USD 7.32 billion in 2017. The major drivers of the instrument transformers market include refurbishment of aging power infrastructure, increasing emphasis …