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Distribution Transformer Market to Expand at a CAGR of 6.57%, Global Key Players, Trends, Share, Industry Size, Segmentation, and Forecast to 2021

 

 

 


(EnergyIndustry.Net, April 13, 2019 ) The report "Distribution Transformer Market by Mounting (Pole, Pad, and Underground), Insulation (Dry and Oil Filled), Phase (Single and Three), Power (Up to 0.5 MVA, 0.5 MVA–2.5 MVA, 2.5 MVA–10 MVA, Above 10 MVA), and Region - Global Forecast to 2021",
Factors such as growing demand for power & increasing distribution capacity plans worldwide are driving the market.

Browse 80 market data Tables and 50 Figures spread through 154 Pages and in-depth TOC on "Distribution Transformer Market - Global Forecast to 2021"

Liquid immersed type transformer the largest transformer type under insulation type segment in the distribution transformer market

The liquid immersed type transformer under insulation type segment is expected to have the largest share in 2016. They are widely used in utility, industrial, and commercial applications due to their advantages such as energy efficiency, lower sound level, and much longer operating life. They can also be used in outdoor as well as indoor applications and are manufactured in accordance with the most demanding industry and international standards.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=85091015

Pad-mounted transformer the largest transformer type under mounting type segment in the distribution transformer market

The pad-mounted transformer under mounting type segment occupied the largest market share in the distribution transformer market in 2015. The demand for pad-mounted transformers is expected to increase during the forecast period, due to their usage in a wide range of applications in ground distribution loads as well as their utilization for application in renewable energy installation.

Asia-Pacific is expected to dominate the distribution transformer market

In this report, the distribution transformer market has been analyzed with respect to six regions, namely, Asia-Pacific, North America, Europe, the Middle East, South America, and Africa. Asia-Pacific is estimated to dominate the market, owing to factors such as developing power T&D infrastructure, growing industrial expenditure, and demand for replacing/refurbishing aging distribution transformers. According to Electric Power Research Institute, power demand in India is expected to double by 2025. India surpassed China in quarterly GDP growth in the last quarter of 2015. This was due to an economic slowdown in China, which is likely to make India one of the fast growing economies in the region and trigger the demand for additional power infrastructure.

Request For Sample Pages of the Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=85091015

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the distribution transformer market including ABB Ltd. (Switzerland), Siemens AG (Germany), Crompton Greaves Limited (India), General Electric (U.S.), and Eaton Corporation Plc. (Ireland) among others. These players are trying to penetrate high-potential economies and are adopting various methods to increase their market share.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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