Smart Transformers Market 2017 - 2025 Smart Transformers Market Forecast 2017-2025 | Page 4
Global Smart Transformers Market Forecast 2017-2025
COMPETITIVE INSIGHTS - Some of the major players in the market include:
• • Ge Healthcare
• • Philips Healthcare
• • Siemens Healthcare
• • Toshiba Medical Systems
• • Hitachi Medical Corp.
Geographical expansion is the most widely adopted strategy by the major companies in the market.
For instance, Japan-based companies Toshiba and Hitachi have set up manufacturing facilities in
China to leverage the country's low-cost manufacturing facilities. Hitachi also has set its sight on
Europe while other companies such as GE Healthcare and Philips Healthcare are also planning to
enter other emerging markets.
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