Most of the installed transformers worldwide consist of conventional transformers, but the global transformer market is expected to move towards smart transformers that are more equipped to accommodate the significant deployment of renewable energy. Smart transformers...
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Revolutionizing the Power Industry: How Grid Modernization is Impacting the Distribution Transformer Market
• In the last decade, especially after the Paris Agreement in 2015, the global energy market is observing a marked shift and is currently in a state of transition. • Power Technology Research expects that the global distribution transformer market will grow with a...