Global Building Wire and Cable Market has valued at USD 79.46 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.23 % through 2028. Solar transformers are a critical component of solar power generation systems. They are responsible for converting the variable voltage and current output from solar panels into a stable and usable form for transmission and distribution. The main function of a Building Wire and Cable is to step up or step down the voltage to match the requirements of the electrical grid. These transformers also provide isolation and protection to the solar power generation system.
Key Market Players
Ningbo Wanji Electronics Science & Technology