by Azhar Fayyaz | 2023, November, 15 | Infographics, Saifa Khalid, Transformers
Asia Pacific power transformer market has a massive 50% global market share. Power transformers are roughly half of the spend at major utilities around the world within the mid-to-high voltage categories. This infographic has the details of key countries contributing...
by Azhar Fayyaz, Saqib Saeed | 2023, November, 1 | Articles, Azhar Fayyaz, Transformers
The demand for distribution transformers is expected to increase in the coming years globally as well as in the American region. The reasons for the growth of the distribution transformer market are the adoption of EV vehicles, installation of renewable energy...
by Kamil Maqsood, Azhar Fayyaz, Mike Sheppard | 2023, September, 22 | Articles, Transformers
• A significant increase in the demand for transformers, including distribution and power transformers, is observed in the global transformer market.• Due to supply chain issues, the lead time of both the power and distribution transformers has increased...
by Kamil Maqsood | 2023, September, 6 | Articles, Transformers
• The Ukraine war intensified energy security concerns in Europe, in turn pushing countries in the region to reduce dependence on Russian fossil fuels. • Collectively, they have set a very ambitious target to deploy 120 GW of offshore wind generation capacity by 2030...
by Kamil Maqsood | 2023, September, 4 | Articles, Transformers
• In the last decade, major economies moved away from nuclear energy to produce electricity, including Germany and Japan, which was a direct consequence of the Fukushima nuclear power plant disaster that took place in 2011. • As the EU aims for net-zero carbon...
