Smart Transformers Market 2017 - 2025 Smart Transformers Market Forecast 2017-2025 | Page 2
Global Smart Transformers Market Forecast 2017-2025
The smart transformers market is primarily driven by the following factors: Rise in industrial
growth, Aging infrastructure leading to investment in smart grids, Higher consumptions pattern in
high growth regions, Rising production of electricity, Compliance with regulatory standards, Green
energy demand on the rise.
MARKET INSIGHTS
The global smart transformers market is segmented by type, by component, and by application.
Market by Type is further segmented into:
• Distribution transformer
• Instrument transformer
• Power transformer
• Specialty transformer
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