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The Future of the United States explores the transformative trends shaping national competitiveness, economic resilience, and technological leadership through 2035. US energy policy is reinforcing fossil fuel expansion while navigating the growth of renewables, addressing increasing electricity demand from AI-intensive industries, and modernizing t...

Data center capex growth has accelerated dramatically in the past 2 years, reaching US$500 billion in 2025. Strong growth is set to continue, with investment set to reach US$1.5 trillion. North America has historically dominated investment and will continue to be a key regional market, but there is also accelerating demand from China, India, and Ea...

When hydrogen gained traction in the late 2010s, Latin America was identified as a region with high growth potential. The region already generates a high percentage of its electricity from renewable energy (mainly hydropower), it has significant solar PV and wind potential that could be exploited, and production costs are forecasted to be globally ...

Latin America’s power sector is entering a decisive execution phase, in which the pace and location of growth are increasingly determined by grid readiness, flexibility solutions, and regulatory design rather than by resource availability alone. Between 2026 and 2035, the region is set to attract over $440 billion in power generation investment, ma...

Lithium-ion batteries (LIBs) have been an integral part of energy storage systems, but their manufacture depends on rare earth metals, such as cobalt and nickel, sourced from countries that are subject to humanitarian crises and illegal mining practices. There is also a concentration of resources in selected locations, such as China, for LIBs. The ...

09 Apr 2018  |  Global  |  Market Research

Global Transformers Market, Forecast to 2022

T&D Infrastructure Investments in Developing Regions and Aging Grid in Developed Regions Spur Market Demand

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Key Issues Addressed

A transformer is an electrical device that transfers electrical energy between two or more circuits through electromagnetic induction. The total global transformers market is forecast to register a CAGR of below 5% from 2017 to 2022. During the forecast period, the power and distribution transformer segments are expected to witness strong growth be...