Global Power Transformer Market Set to Reach USD 49.3 Billion by 2034: Renewable Energy Integration Drives Growth | Future Market Insights, Inc. [Yahoo! Finance]
Emerson Electric Company (EMR)
Last emerson electric company earnings: 4/21 06:55 am
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Source: Yahoo! Finance
Increasing investments towards the expansion of power grid networks and distribution channels to enable electricity access in remote areas will fuel the demand for power transformers in the forthcoming years. NEWARK, Del, Nov. 25, 2024 (GLOBE NEWSWIRE) -- The global power transformer market is poised for robust growth, driven by the increasing adoption of renewable energy sources and the need to modernize aging power transmission infrastructure. With the global shift towards cleaner energy generation, power transformers have become critical in enabling the seamless integration of renewable energy into the grid. Designed to handle the variability of solar and wind energy, power transformers are evolving to meet the demands of intermittent power generation. These advanced transformers ensure grid stability and reliability, even in scenarios of fluctuating energy output. As countries around the world ramp up investments in renewable energy projects, the demand for transformers that c
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- Emerson Electric Co. (NYSE: EMR) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating and a $160.00 price target on the stock.MarketBeat
EMR
Earnings
- 11/5/24 - Beat
EMR
Sec Filings
- 12/19/24 - Form 4
- 12/13/24 - Form ARS
- 12/13/24 - Form DEFA14A
- EMR's page on the SEC website