Power Transformers Market Outlook 2030: Growing at 6% CAGR Driven by Grid Modernization & Renewable Energy Integration; Asia-Pacific Leads, Reports Mordor Intelligence

By SquaredTown on December 17, 2025

Power Transformers Market Outlook 2030: Growing at 6% CAGR Driven by Grid Modernization & Renewable Energy Integration; Asia-Pacific Leads, Reports Mordor Intelligence

HYDERABAD, India, Dec. 17, 2025 /PRNewswire/ -- According to the latest report of Mordor Intelligence, the global power transformer market is set to grow from about USD 24.8 billion in 2025 to nearly USD 33.5 billion by 2030, reflecting a steady 6.22% CAGR. Demand is accelerating as...

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