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Transformer Services Market

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3 years ago

North America Transformer Services Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Service Type (Installation & Relocation, Testing & Monitoring, and Repair & Maintenance) and Application (Power Transformer, Distribution Transformer, and Renewable Transformer)

The North America transformer services market is expected to grow from US$ 433.9 million in 2022 to US$ 593.7 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2022 to 2028.

 

The increasing demand for power supply, growing focus on renewable energy sources, aged transformer components, and supportive government regulations are the key factors influencing the dema...

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Transformer Services Market

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