Oil Filled Transformer Market is likely to witness an impressive CAGR of 6.2% during the forecast period. Development of effective grid systems due to increasing spending on the upgrading of electric infrastructure, initiatives to rejuvenate power grids and making them sustainable, resilient, and affordable and growing electricity demand are some of the major factors driving the market growth during the forecast period.

Oil Filled Transformer Market is likely to witness an impressive CAGR of 6.2% during the forecast period. Development of effective grid systems due to increasing spending on the upgrading of electric infrastructure, initiatives to rejuvenate power grids and making them sustainable, resilient, and affordable and growing electricity demand are some of the major factors driving the market growth during the forecast period.