#Smart Transformers
Smart Transformers Market to be Worth $3.16 Billion by 2031
Posted on 25 March, 2024 by shital thakare
According to this latest publication from Meticulous Research ® , the smart transformers market is projected to reach $3.16 billion by 2031 , at a CAGR of 7.6% from 2024 to 2031. The growth of this market is driven by rising digitalization in power utilities and increasing investment in smart grids. In addition, the increasing focus on alternate power generation sources is expected to offer significant growth opportunities for the stakeholders in the smart transformers market. However, high...
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