Global Power Transformer Industry Research 2024-2029: Growing Need to Modernize and Upgrade Aging Power Infrastructure in Various Regions Fueling Expansion [Yahoo! Finance]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: Yahoo! Finance
Transformer (Up To 60 MVA), Medium Power Transformer (61- 600 MVA), Large Power Transformer (Above 600 MVA)), Cooling Type (Oil-cooled, Air-cooled), Phase (Single, Three) - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The global market for Power Transformers is poised for substantial growth, with a projected trajectory reaching USD 37.7 billion by the year 2029. This represents a noteworthy increase from the estimated value of USD 27.9 billion in 2024, reflecting a steady Compound Annual Growth Rate (CAGR) of 6.2% over the period spanning from 2024 to 2029 Several factors are driving robust growth in the power transformer market, notably the increasing global demand for energy, which has significantly boosted electricity consumption in recent years. The industrial sector plays a pivotal role in this surge, fueled by escalating industrialization, manufacturing activities, and infrastructure development across various regions. As industries grow an
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GE
Earnings
- 4/23/24 - Beat
GE
Sec Filings
- 7/2/24 - Form 4
- 7/2/24 - Form 4
- 7/1/24 - Form 8-K
- GE's page on the SEC website