Power Transformer Market

The global power transformer market size was valued at USD 40.44 billion in 2024 and is expected to reach from USD 43.67 billion in 2025 to USD 80.83 billion by 2033, growing at a CAGR of 8.0% during the forecast period (2025–2033).

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Power Transformer Market Size, Share & Analysis by 2033

The power transformer market size was valued at USD 40.44 billion in 2024 and is expected to reach from USD 43.67 billion in 2025 to USD 80.83 billion by 2033, growing at a CAGR of 8.0% during the forecast period (2025–2033).