Transformer Global
Market Report 2021:
COVID 19 Impact And
Recovery To 2030
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Low Rated
Transformer , High
Rated Transformer
Utility, Residential &
Commercial,
Industry
Transformers Market Characteristics
The global transformer market is expected to grow from $184.21 billion in 2020 to $202.08 billion in
2021 at a compound annual growth rate (CAGR) of 9.7%. The growth is mainly due to the companies
rearranging their operations and recovering from the COVID-19 impact, which had earlier led to
restrictive containment measures involving social distancing, remote working, and the closure of
commercial activities that resulted in operational challenges. The market is expected to reach $266.73
billion in 2025 at a CAGR of 7%.
The report covers the Transformers Market’s segments-
By Transformer
Type
By Type
Power
Transformer,
Distribution
Transformer
Xxxxx, Xxxxxxxx,
Xxxx
Xx xxxx
Xxxxx,
Xxxxxxxx,
Xxxx
Xx xxxx
Xxxxx,
Xxxxxxxx,
Xxxx
Xx xxxx
By End User
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Transformer Global Market Report 2021 is the most
comprehensive report available on this market and will help
gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable
insights on supply chain disruptions, logistical challenges, and
other economic implications of the virus on the market. The
chapter also covers markets which have been positively
affected by the pandemic.
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Major Key Players
Major companies in the market include
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A Sample Report
ABB
Schneider Electric S.A
Schneider Electric
General Electric Corporation
Mitsubishi Electric
Corporation
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Reasons to Purchase
▪ Gain a truly global perspective with the most
comprehensive market research report available on this
market covering 60+ geographies.
▪ Understand how the market is b