Topic: instrument transformer market size

According to the report by Expert Market Research (EMR), the global instrument transformer market is projected to grow at a CAGR of 7.1% between 2024 and 2032. Aided by the rising demand for electricity, ongoing advancements in smart grid technologies, and the expansion of the renewable energy sector, the market is expected to experience significant growth by 2032. Instrument transformers, crucial for the measurement and protection of electrical systems, transform high voltage or high current...