India : At 10+% CAGR, Smart Transformers Market To Hit $2.43 Billion by 2022 Led by Smart Grid Segment

PUNE, India, Oct. 18, 2017 /PRNewswire-iReach/ -- The smart transformers market is projected to grow faster in the Asia Pacific region, especially in China, Japan, and South Korea. The Asia Pacific region is moving toward clean energy on a large scale to meet its growing energy needs in an efficient way. India, China, and Singapore are some of the potential growing markets in the power and utilities sector. Asia Pacificalso offered the biggest potential gains for foreign direct investment and attracted 45% of all the capital investment, globally, in 2015. 

 

Source : http://markets.businessinsider.com/news/stocks/At-10-CAGR-Smart-Transformers-Market-To-Hit-2-43-Billion-by-2022-Led-by-Smart-Grid-Segment-1004775435

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