India Transformer Market Share, Size, Trends, Industry Analysis and Report 2025-2033
Transformer Market - India Market Statistics Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024 : USD 2.44 Billion Market Size in 2033 : USD 5.18 Billion Market Growth Rate (CAGR) 2025-2033: 8.08% According to IMARC Group's report titled " India Transformer Market Report and Forecast 2025-2033 ," the market reached USD 2.44 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.18 billion by 2033, exhibiting a growth rate (CAGR) of 8.08% during 2025-2033 . Download sample copy of the Report: https://www.imarcgroup.com/india-transformer-market/requestsample India Transformer Market Trends and Drivers: India’s transformer market is experiencing vigorous and coherent growth, mainly due to urbanization and government-led efforts to construct and upgrade the country's power infrastructure. Ongoing rural electrification i...