Transformers Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the transformers industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected transformers market growth numbers from 2022-2031.
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The global transformers market size is expected to grow from $64.52 billion in 2021 to $70.78 billion in 2022 at a compound annual growth rate (CAGR) of 9.7%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The transformer market share is expected to reach $94.75 billion in 2026 at a CAGR of 7.6%.
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https://www.thebusinessresearchcompany.com/report/transformers-global-market-report
The Transformers Global Market Report 2022-31 by The Business Research Company evaluates transformers market size, growth rate, drivers, transformers industry trends, and major companies.
The transformers market segments in the report are:
1)By Transformer Type: Power Transformer, Distribution Transformer
2)By Type: Low rated transformer, High rated transformer
The table of contents in TBRC’s transformers market report includes:
1. Executive Summary
2. Transformers Market Characteristics
3. Transformers Market Size And Growth
4. Transformers Market Segmentation
5. Transformers Market Regional And Country Analysis
……
25. Transformers Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Transformers Market
27. Transformers Market Trends And Strategies
28. Transformers Market Future Outlook and Potential Analysis
29. Appendix
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