“The expansion of the global electrical transformer industry is forecast to reach 0.8% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 8.5%. Currently, liquid dielectric transformers account for 46.0% of the global demand while the remaining market share is divided between ballasts for discharge tubes and lamps (14.9%), and other electrical transformers (39.2%).
China, Russia, Saudi Arabia, Turkey and the United States represent the largest electrical transformer markets while the strongest annual growth is forecast to occur Rwanda (15.2%), Cambodia (13.1%), Moldova (12.1%), Panama (11.7%) and Bolivia (8.0%).”
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