India Transformer Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The India transformer market is expected to rise at a CAGR of more than 5% during the forecast period of 2020-2025. Factors such as increasing energy demands from the industries and expansion of transmission and distribution systems are likely going to drive the India transformer market. However, delay in the implementation of the projects due to lengthy government procedures is expected to restrain the India transformer market.
Key HighlightsThe India transformer market is fragmented. Some of the key players in this market include Siemens AG, ABB Ltd., General Electric Company, Mitsubishi Electric Corporation, and CG Power and Industrial Solutions Ltd.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook