Oil Immersed Power Transformer Market worth $28.3 Billion by 2028

Oil Immersed Power Transformer Market

The global Oil Immersed Power Transformer Market is expected to reach USD 28.3 billion by 2028 from USD 21.2 billion in 2023 at a CAGR of 6.0% during the 2023–2028 period according to a new report by MarketsandMarkets™.  This robust growth is attributed to the …

Transformer Monitoring Market worth $3.7 Billion by 2028

Transformer Monitoring Market

The global Transformer Monitoring Market is expected to grow from an estimated USD 2.4 billion in 2023 to USD 3.7 billion by 2028, at a CAGR of 9.1% during the 2023–2028 period according to a new report by MarketsandMarkets™. Transformer monitoring is critical for guaranteeing …

Shore Power Market Size, Share, Trends & Industry Forecast to 2027

Shore Power Market

The global Shore Power Market size is expected to grow from an estimated USD 1.6 billion in 2022 to USD 2.8 billion by 2027, at a CAGR of 11.2% according to a new report by MarketsandMarkets™. Shore power, shore-to-ship power, or cold ironing is a technique …

Transformer Oil Market Size, Share, Industry Analysis and Forecast – 2030

Transformer Oil Market Size, and Share

The global Transformer Oil Market size is projected to reach USD 3.0 billion in 2030 from USD 2.0 billion in 2023 at a CAGR of 5.9% according to a new report by MarketsandMarkets™.  Transformer oil is a special kind of oil that is primarily used in transformers to …

Transformer Oil Market to Show Healthy Growth Through 2030

Transformer Oil Market

The global Transformer Oil Market is projected to reach USD 3.0 billion in 2030 from USD 2.0 billion in 2023 at a CAGR of 5.9.  Transformer oil is a special kind of oil that is primarily used in transformers to facilitate insulation and cooling. Transformer oil caters to …

Dry Type Transformer Market: Transforming the Future of the Energy Industry

Dry Type Transformer Market

The global Dry Type Transformer Market is expected to grow from an estimated USD 6.6 billion in 2023 to USD 9.2 billion by 2028, at a CAGR of 6.8% according to a new report by MarketsandMarkets™.  Countries across the globe continue to invest in upgrading …

Transformer Oil Market to Witness Significant Growth by 2030

transformer oil market

The global Transformer Oil Market is projected to reach USD 3.0 billion in 2030 from USD 2.0 billion in 2023 at a CAGR of 5.9% according to a new report by MarketsandMarkets™.  Transformer oil is a special kind of oil that is primarily used in …

Protective Relay Market to Show Significant Growth in Near Future

Protective Relay Market

The global Protective Relay Market is projected to reach USD 2.7 billion by 2025 from an estimated market size of USD 2.0 billion in 2020, at a CAGR of 5.7% during the forecast period. The global Protective Relay Market is set to witness significant growth owing to …

Electric Insulator Market Market to Show Stunning Growth in Near Future

Electric Insulator Market

The global electric insulator market is expected to grow from an estimated USD 10.17 billion in 2018 to USD 13.34 billion by 2023, at a CAGR of 5.58%. In 2018, the market in Asia Pacific is estimated to be the largest, followed by North America. …

Transformer Oil Market to Witness Healthy Growth in Near Future

Transformer Oil Market

The global Transformer Oil Market size is expected to grow from an estimated USD 1.9 billion in 2021 to USD 3.3 billion by 2030, at a CAGR of 6.5%. The expansion of electric grids in developing countries and the modernization of the electric grids in the developed …

Transformer Oil Market to See Huge Growth by 2030

Switchgear Market

The global Transformer Oil Market size is expected to grow from an estimated USD 1.9 billion in 2021 to USD 3.3 billion by 2030, at a CAGR of 6.5%. The expansion of electric grids in developing countries and the modernization of the electric grids in …

Electrical Bushings Market to Witness Significant Growth by 2023

The global electrical bushings market is projected to grow at a CAGR of 3.86%, from 2018 to 2023. In 2017, Asia Pacific was the largest market for electrical bushings, followed by Europe and North America. The growth of the electrical bushings market is mainly driven by …

Electric Insulator Market to Witness Impressive Growth by 2023

Electric Insulator Market

The global electric insulator market is expected to grow from an estimated USD 10.17 billion in 2018 to USD 13.34 billion by 2023, at a CAGR of 5.58%. In 2018, the market in the Asia Pacific is estimated to be the largest, followed by North …

Transformer Oil Market to See Huge Growth by 2030

Transformer Oil Market

According to the new market research report “Transformer Oil Market by Oil Type (Mineral (Naphthenic, Paraffinic), Silicone, Bio-based), Application (Transformer, Switchgear, Reactor), End User (Transmission & Distribution, Power Generation, Railways & Metros), and Region – Global Forecast to 2030 “, published by MarketsandMarkets™, the global …