Traction Transformer Market Set to Witness an Uptick during 2024 to 2032
Introduction: The size of the market for traction transformers was estimated at USD 1.5 billion in 2022. The sector is expected to increase at a compound annual growth rate (CAGR) of 5.10% between 2023 and 2032, from USD 1.57 billion in 2023 to USD 2.7 billion by 2032. In the ever-evolving landscape of railway technology, one of the key components driving efficiency and performance is the...
0 Comments 0 Shares
Sponsored