Press release
Power Transformer Worldwide Manufacturers Checklist |Top Key Players - ABB Group (Switzerland), Siemens Ltd. (Germany) | Industry Analysis Forecast 2018 -2023
The Global Power Transformer Market is expected to grow at a CAGR of 8% during the forecast period.Pune, India, May, 2018, /MRFR Press Release/-
The key players of global power transformer market are ABB Group (Switzerland), Siemens Ltd. (Germany), General Electric Company (USA), Crompton Greaves Ltd. (India), Toshiba Corporation (Japan), Hyundai Heavy Industries Co., Ltd. (South Korea), Mitsubishi Electric Corporation (Japan), Hyosung Corporation (South Korea), Bharat Heavy Electricals Limited (India) and SPX Transformer Solutions, Inc. (U.S.A).
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Market Highlights
Currently, the power transformer market is in the growth stage. This is due to the increase in demand for power, and in cross-border power transmission, global initiatives to use more renewable and non-conventional energy sources, smart grids, & the global need to upgrade transmission grids boost the global power transformer market. The Asia-Pacific region is the leading market for power transformers market and is followed by Europe. The rapid industrial development in the countries such as India and China where there are issues with continuous reliable electricity supply, is driving the market for power transformers. Also R&D and utilization of ultra-high voltage transformer in China and India will drive power transformer market.
Study Objectives of Coiled Tubing
To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global power transformer market.
To provide insights about factors affecting the market growth
To analyze the global power transformer market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis
To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segments by material type, product, application and region
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the power transformer market
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Intended Audience:
Distributer & Supplier companies
End Users
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities
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