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SPECIAL TRANSFORMER MARKET ANALYSIS

Special Transformer Market, by Product Type (Electric Arc Furnace Transformer, Rectifier Transformer, Capacitive Transformer, and Phase Shifting Transformer), by Application (Rectification Equipment, Welding Equipment, Electric Furnace Power Supply, and Current Transformer), by End User (Residential, Commercial, and Industries), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Dec 2024
  • Code : CMI2152
  • Formats :
      Excel and PDF
  • Industry : Semiconductors

Market Challenges And Opportunities

Global Special Transformer Market: Restraint

The materials used in special transformers are copper, steel, and aluminium. Increase in prices of raw material inadvertently increases the price of special transformers. This in turn affects growth of the special transformer market over the forecast period. For instance, according to the Coherent Market Insights’ analysis, the price of the steel was US$ 522.94 per metric ton in 2016 and it increased to US$ 618.86 metric ton in 2017.

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