Industry News

The global liquid-immersed transformers market size is estimated to grow by USD 10.74 billion from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of over 5.86% during the forecast period.  Liquid-immersed transformers, utilizing mineral oil as an electric insulating
2024/06/19 14:18
In terms of value, the lubricants market is estimated to grow from USD 173.5 billion in 2024 to USD 198.4 billion by 2029, at a CAGR of 2.7%.  One of the major reasons for making a positive outlook for the lubricants market is the mounting demand for high performance engines, growing demand from
2024/06/19 14:04