Global Distribution Transformer Market to Reach $47.5 billion, Globally, by 2033 at 6.6% CAGR: Allied Market Research [Yahoo! Finance]
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Source: Yahoo! Finance
to facilitate the transmission of electricity from these sources to consumers, which drives the growth of the market. PORTLAND, Ore. April 24, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Global Distribution Transformer Market by Product Type (Pad Mounted, Pole Mounted, and Underground Vault), Phase Type (Single Phase and Three Phase), Insulation Type (Dry and Immersed), Power Rating (Upto 500 kVA, 501 kVA to 2,500 kVA, 2,501 kVA to 10,000 kVA, and More than 10,000 kVA), and End-use Industry (Residential, Commercial, Industrial, and Power Utility): Global Opportunity Analysis and Industry Forecast, 2024-2033" . According to the report, the "global distribution transformer market" was valued at $25.2 billion in 2023, and is estimated to reach $47.5 billion by 2033, growing at a CAGR of 6.6% from 2024 to 2033. Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A190577 Prime determinants of growth The global distribution transfo
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