The oil-filled transformer market is expected to be valued at US$ 39.41 billion in 2023, rising to US$ 73.98 billion by 2033. During the forecast period, the market is expected to grow at a CAGR of 6.5%.
The expanding need for oil-filled transformers is being driven by urbanisation, modernisation, population growth, and fast infrastructural development. Furthermore, rising power...
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