Smart Transformers Market to grow from USD 1.3 billion in 2016 to USD 2.4 billion by 2027, at a (CAGR) of 10% during the forecast period. A smart transformer is a transformer that integrates the functions of a general transformer, communication technology, and monitoring software. The smart transformer operates autonomously to regulate the voltage and […]
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The Smart Transformers market was valued at USD 1.89 billion in 2020 and is expected to reach USD 4.15 billion by 2027, growing at a CAGR of 13% from 2021 to 2027. The global smart transformer market has witnessed strong growth owing to increasing demand for smart grid technologies and energy storage initiatives. Growing interest […]
The Smart Transformers market was valued at USD 1.89 billion in 2020 and is expected to reach USD 4.15 billion by 2027, growing at a CAGR of 13% from 2021 to 2027. The global smart transformer market has witnessed strong growth owing to increasing demand for smart grid technologies and energy storage initiatives. Growing interest […]