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Power Transformer Market In Asia-Pacific 2020 | Growth opportunities, Trends, Industry Analysis, and Forecast to 2023

02-26-2020 03:33 PM CET | Energy & Environment

Press release from: allied market research

Power Transformer Market In Asia-Pacific 2020 | Growth

Power transformers, critical part of power infrastructure, are expected to witness significant growth in the coming years. This is due to the demand for electricity throughout the Asia-Pacific is on a consistent increase. Moreover, the region is moving toward green energy as there is an increase in utilization of renewable and non-conventional energy resources, such as wind, solar, and hydel energy. To meet the growth in demand for electricity, widening of transmission networks is taking place.

The Asia-Pacific power transformer (

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