Transformers Magazine Vol. 8, No. 1, 2021
Estimates of the future demand for transformers have been revaluated due to the global COVID-19 pandemic and related economic recession. The analyses have been made for generator transformers, transmission transformers and distribution transformers. Studies show that the electrical capacity installation growth is stable for the last 30 years despite the fluctuations in the global economies which leads to the conclusion that there will be no dramatic disruptions on the transformer markets.
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