Replacement of ageing transformers with energy-efficient transformers coupled with rising focus of governments of various countries to increase power generation through renewable energy to drive Europe LV/MV transformers market through 2024 According to TechSci Research report, “Europe LV/MV Transformers Market By Type, By Configuration, By Application, Competition, Forecast & Opportunities, 2014 – 2024’’, LV/MV transformers