The oil-immersed power transformer market was valued at USD 23.65 Billion in 2023 and is expected to grow at a strong CAGR of around 6.5% during the forecast period (2024-2032). Oil immersed power transformer market is a significant component of the global power transformer industry, which has a crucial role in voltage regulation and power distribution.

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Oil Immersed Power Transformer Market Size, Share | Forecast- 2032
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Oil Immersed Power Transformer Market Size, Share | Forecast- 2032

The oil-immersed power transformer market was valued at USD 23.65 Billion in 2023 and is expected to grow at a strong CAGR of around 6.5% during the forecast period (2024-2032). Siemens AG, Schneider Electric SE, Eaton Corporation PLC, Hitachi, Ltd.,
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