APA 6th Edition Aubertin, S. (2018). Market review: Long-term market trends. Transformers Magazine, 5 (3), 40-45. Retrieved from https://hrcak.srce.hr/207403
MLA 8th Edition Aubertin, Steve. "Market review: Long-term market trends." Transformers Magazine, vol. 5, no. 3, 2018, pp. 40-45. https://hrcak.srce.hr/207403. Accessed 18 Jan. 2021.
Chicago 17th Edition Aubertin, Steve. "Market review: Long-term market trends." Transformers Magazine 5, no. 3 (2018): 40-45. https://hrcak.srce.hr/207403
Harvard Aubertin, S. (2018). 'Market review: Long-term market trends', Transformers Magazine, 5(3), pp. 40-45. Available at: https://hrcak.srce.hr/207403 (Accessed 18 January 2021)
Vancouver Aubertin S. Market review: Long-term market trends. Transformers Magazine [Internet]. 2018 [cited 2021 January 18];5(3):40-45. Available from: https://hrcak.srce.hr/207403
IEEE S. Aubertin, "Market review: Long-term market trends", Transformers Magazine, vol.5, no. 3, pp. 40-45, 2018. [Online]. Available: https://hrcak.srce.hr/207403. [Accessed: 18 January 2021]
Abstracts As we are approaching ten years since the global financial crash of 2008, sufficient time has lapsed for a perspective on how this affected the market in years to follow. During the period 1990 to 2002, global GDP increased at a CAGR of 3.62 % whilst during that same period the global transformer market was lagging behind with an increase at 0.59 %. This situation changed dramatically between 2002 and 2008, when the global economy experienced a period of growth averaging 10.62 % CAGR, while transformer markets exceeded all expectations achieving a growth rate of 18.37 % CAGR. Following the 2008/2009 “correction”, global GDP has recovered substantially with a growth of 2.94 % CAGR between 2009 and 2017, whilst transformer markets have virtually flat-lined at 0.94 % CAGR over the same period. What can be learned from this with a view to predicting the future? This contribution is exploring an answer to this question.