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Transformer Oil Market worth $3.3 billion by 2030 - Exclusive Report by MarketsandMarkets


Transformer Oil Market worth $3.3 billion by 2030 - Exclusive Report by MarketsandMarkets
Transformer Oil Market
by Oil Type (Mineral (Naphthenic, Paraffinic), Silicone, Bio-based), Application (Transformer, Switchgear, Reactor), End User (Transmission & Distribution, Power Generation, Railways & Metros), and Region - Global Forecast to 2030 , published by MarketsandMarkets, the global Transformer Oil Market size is expected to grow from an estimated USD 1.9 billion in 2021 to USD 3.3 billion by 2030, at a CAGR of 6.5%. The expansion of electric grids in developing countries and the modernization of the electric grids in the developed economies are driving the Transformer Oil Market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=967 ....

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Transformer Oil Market worth $3.3 billion by 2030 - Exclusive Report by MarketsandMarkets™


by Oil Type (Mineral (Naphthenic, Paraffinic), Silicone, Bio-based), Application (Transformer, Switchgear, Reactor), End User (Transmission & Distribution, Power Generation, Railways & Metros), and Region - Global Forecast to 2030 , published by MarketsandMarkets™, the global Transformer Oil Market size is expected to grow from an estimated USD 1.9 billion in 2021 to USD 3.3 billion by 2030, at a CAGR of 6.5%. The expansion of electric grids in developing countries and the modernization of the electric grids in the developed economies are driving the Transformer Oil Market.
Mineral oil: The largest segment of the Transformer Oil Market, by oil type
The market has been segmented by oil type into mineral oil, silicone and bio-based. The mineral oil segment is expected to have the largest market share and is projected to grow at the highest rate during the forecast period. Mineral oil is mainly used for cooling and insulation purposes in transformers, reactors, and switchg ....

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Motor Control Centers Market to Reach $6.3 billion by 2025; Booming Power Sector to Augment Growth


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“Key Market Players:
Rockwell Automation (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Eaton (Ireland), Fuji Electric (Japan), WEG (Brazil), Mitsubishi Electric (Japan), Larsen & Toubro (India), Vidhyut Electric (India), TES (UK), Rittal (Germany), Technical Controls (UK), Tesco Control (US), LSIS (South Korea), WEG (Brazil)”
The global motor control centers market is projected to reach USD 6.3 billion by 2025 from an estimated market size of USD 4.6 billion in 2020, at a CAGR of 6.4% during the forecast period.
According to the new market research report
“Motor Control Centers Market by Type (Intelligent, Conventional), Voltage (Low, Medium), End-User, Standard, Component, Region (Asia Pacific, North America, Europe, South America, and the Middle East & Africa) – Global Forecast to 2025″, the motor control centers market is expected to grow from an estimated value of USD 4.6 billion in 2020 to USD 6.3 billion by 202 ....

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