Vacuum Pressure Impregnated Transformer Market Will See Strong Expansion Through 2030

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VPI is the transformer that is most typically used to meet the need for power distribution. Several countries across the globe are adopting renewable energy sources to reduce carbon emissions and dependency on fossil resources, which can help to drive demand for voltage transformers for transmission and distribution. Moreover, fast industrialization in economically developing nations will lead to an increase in demand for electricity. These factors are anticipated to increase the vacuum pressure-impregnated (VPI) transformer market share over the forecast period

 

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