According to Power Technology Research, the global distribution transformers market accounted for USD 7.32 billion in 2020. APAC held the largest market share of 49% (in terms of revenue) which accounted for USD 3.59 billion of this amount in 2020. The APAC region was followed by North America (20%) and Europe (13%) accounting for USD 1.47 billion and USD 0.95 billion, respectively, that year.

Follow this link to learn more: RENEWABLES & REGULATIONS DRIVING GROWTH

###

Be the first to know about our latest Insights