The Global power transformer market is expected to reach USD 45.02 Billion by 2032, at a CAGR of 7.6% during the forecast period 2023 to 2032. A power transformer is an electrical device that is used to transfer electrical energy from one circuit to another, typically at different voltage levels.

The Global power transformer market is expected to reach USD 45.02 Billion by 2032, at a CAGR of 7.6% during the forecast period 2023 to 2032. A power transformer is an electrical device that is used to transfer electrical energy from one circuit to another, typically at different voltage levels.