In North America, key drivers include stringent energy efficiency regulations, growing demand for smart grid technologies, and increasing investments in research and development. In Europe, key drivers include renewable energy targets, energy efficiency policies, and growing adoption of amorphous metal transformer cores in the industrial sector. In Asia Pacific, key drivers include rapid urbanization, growing demand for electricity, and government initiatives to promote the use of energy-efficient technologies. In Latin America, key drivers include growing demand for renewable energy sources, improving infrastructure, and maturing ecosystem. In Middle East & Africa, key drivers include growing demand for electricity, investments in infrastructure development, and government initiatives to promote the use of energy-efficient technologies.