Transformer Monitoring System Market is Projected to Grow at a Healthy CAGR 12.82% During 2022 - 2030
Transformer Monitoring System Market Scenario: Market Research Future (MRFR), in its latest report on the global transformer monitoring system market 2020, reveals that the expansion of the transformer monitoring system market can be at about 12.82% CAGR across the forecast period 2020 to 2027. MRFR data shows that the transformer monitoring system market can value at USD 7.91 Bn by 2027. , with a CAGR of 12.82% from 2020 to 2027. Increase in investments in the field of renewable energy is identified as the chief factor to boost the expansion of the global transformer monitoring system market. The increase in the demand for electricity and about USD 138.2 billion investment in clean energy technologies can promote the expansion of the transformer monitoring system market. Governments across the globe are focused in developing effective renewable power generation technologies, which can boost the growth of the transformer monitoring system across the globe. Get Sample ...