- The global power transformer industry is entering a prolonged phase where supply cannot keep up with demand, as cited by Citigroup.
- It is projected that supply shortages will continue at least until 2029 due to various constraints, including insufficient skilled labor and reliance on imported materials.
- Consequently, this supply-demand mismatch is driving prices higher and extending delivery times, with significant impacts on companies' profitability and valuations in the sector.
