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Global Amorphous Metal Transformers Market : Industry Analysis The global amorphous metal transformers market is driven by the high investment for modernization of aging infrastructure because of the rising demand for electricity and new power generation projects. The growth in the renewable energy sector and the growing demand for smart grid development are expected to impel the market growth during the forecast period. However, the availability of substitutes and reluctance to replace aging infrastructure may restrain the market growth over the upcoming period. The government in emerging economies like China and India are increasing investments in transmission and distribution infrastructure are creating beneficial opportunities for key players in the market in the coming years. Delays in power grid expansion projects are the major challenge in the market growth in the near future.