Converter Transformer Market Forecast to 2020– Key Players, Competitive Landscape and Regional Analysis - PowerPoint PPT Presentation

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Converter Transformer Market Forecast to 2020– Key Players, Competitive Landscape and Regional Analysis

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Converter transformer market is mainly driven by the increasing demand from fast growing economies such as India, and China which are expected to invest heavily in their transmission and distribution sector. Upgrade of ageing power infrastructure in the developed regions as well as increasing implementation of renewable power projects are also expected to provide attractive opportunities for the converter transformer market. This market is expected to grow from an USD 1 Billion in 2015 to USD 2.3 Billion by 2020 at CAGR of 18.2%. Refer link: – PowerPoint PPT presentation

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