May 2026
The global transformers market size is expected to increase from USD 67.55 billion in 2025 and is projected to hit USD 131.96 billion by 2035 at a CAGR of 6.93%.
July 2026
The global solid-state transformers market size was evaluated at USD 25.00 million in 2025 and is predicted to hit around USD 733.53 million by 2035, growing at a CAGR of 40.20%