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Transparency Market Research published new market report" Power Transformers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019". The Power Transformers market was valued at USD 17.12 billion in 2012, which is expected to reach USD 28.69 billion by 2019, growing at a CAGR of 7.7% from 2013 to 2019. In terms of volume, the demand for power transformers was 10,474 units in 2012, which is expected to reach 17,283 units by 2019, growing at a CAGR of 7.5% from 2013 to 2019. Power transformers connect electrical networks or systems of different voltages to allow power exchange between them. Power transformers are used for power generation, power transmission, electro-intensive industrial applications and consumer applications. The industrial applications include mining, paper and cement mills, chemical plants, substations and power generation. The commercial applications include hospitals, universities, hotels, offices and airports among others.
Browse the report With Full TOC at http://www.transparencymarketresearch.com/power-transformer-market.html