Current Transformer Market Top Trends, Future Analysis & Forecast 2022-2030 Current transformer market is anticipated to experience robust development due to the growing dependence on renewable sources of energy to combat grave climate issues. The consumption of renewable energy sources has soared in recent years as they can help the power generation industry accelerate its decarbonization efforts. More countries are realizing the importance of transitioning to sustainable sources of power and are taking important steps in this regard. For example, in January 2022, the U.S. government’s Department of the Interior announced plans to conduct one of the largest offshore wind lease sales, which is expected to produce 7 gigawatts (GW) of clean energy. The electricity will be used to power around 2 million households across the country, thereby bolstering the installation of current transformers.
To browse this report titled, “Current Transformer Market Size By Cooling (Dry Type, Oil Immersed), By Product (Wound Type, Toroidal, Bar Type), By Voltage Rating (≤ 33 kV,> 33 kV to ≤ 66 kV,> 66 kV), By Application (Power Distribution, Manufacturing), COVID-19
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