Monday, 7 July 2025
Home Global Transformer Market Report Analyzes Trends Across 71 Countries | Wind and Solar Transformer Sales Soar as Grid Modernization Accelerates Worldwide – ResearchAndMarkets.com

The following content is a news release distributed by . The original news release may be found here.

Global Transformer Market Report Analyzes Trends Across 71 Countries | Wind and Solar Transformer Sales Soar as Grid Modernization Accelerates Worldwide – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Transformer Report Edition 12, 2024 - Vol 1 & 2" has been added to ResearchAndMarkets.com's offering. The global transformer market is undergoing significant evolution, with projections indicating a substantial growth trajectory through 2030. Industry forecasts suggest a 38% increase in total transformer sales over 2023 levels, driven largely by a surge in sales of wind and solar generator transformers (65%) and a remarkable 498% increase for EV fast charger tr...

Read the full news release here

Related Articles

Lilium burnt through huge sums while trying to develop its jet (AFP)

German flying taxi start-up’s rescue deal collapses

A German flying taxi start-up said on Friday it would halt operations...

FILE PHOTO: U.S. Secretary of the Interior Doug Burgum speaks as he attends a signing ceremony with members of the West Virginia Congressional Delegation at the EPA headquarters in Washington, D.C., U.S., February 18, 2025. REUTERS/Kent Nishimura/File Photo

US energy council chief says power plants to produce 15% more electricity

By Valerie Volcovici WASHINGTON (Reuters) – U.S. Interior Secretary and co-chair of...

Cuba has inaugurated a new solar energy park in the capital Havana (AFP)

Cuba opens solar park hoping to stave off blackouts

Cuba on Friday unveiled a new solar energy park in the capital...

FILE PHOTO: Cranes unload imported iron ore from a cargo vessel at a port in Lianyungang, Jiangsu province, China October 27, 2019. REUTERS/Stringer/File Photo

Iron ore heads for weekly gain on brightening demand outlook, China stimulus hopes

By Amy Lv and Lewis Jackson BEIJING (Reuters) -Iron ore futures prices...

Login into your Account

Please login to like, dislike or bookmark this article.