U.S. Oil Filled Distribution Transformer Industry is expected to register over a 4% CAGR between 2021 and 2027, impelled by large-scale integration of renewable energy along with increasing demand for safe, reliable, and efficient electricity supply.
updated: Jun 23, 2021
June 23, 2021 (Newswire.com) –
The U.S. oil filled distribution transformer market is set to cross USD 4 billion by 2027, as reported in the latest study by Global Market Insights Inc. Favourable regulatory policies toward renewable network expansion, along with surging revamping and modernization aimed to achieve effective grid integration, will foster the business landscape. Ongoing development of cross-border distribution projects coupled with stringent energy efficiency protocol to replace existing power distribution components with advanced units…