Distribution Transformer Market Size 2018 Industry Overview, Development Trends , Key Business Insights, Top Brands, Advance Technology, New opportunities and Competitive Scenario 2023

Global Distribution Transformer Market expected to experience significant growth in the next five years:

Global distribution transformer market that contains the information from 2016 to 2022. Global distribution transformer market is expected to grow with the CAGR of approximately 6% from 2016 to 2022

Market Defination:-

Transformers that used for electric power distribution purpose are referred as distribution transformer. Distribution transformers provide the necessary power for systems and buildings on the last transformation step from the power station to the consumer. Rising investment in smart grid projects and commissioning of restructuring and expansion projects driving the demand of distribution transformer.

Market Highlights

Transformers that are used for electric power distribution purpose are referred to as distribution transformers. Distribution transformers provide the necessary power for systems and buildings in the last transformation step from the power station to the consumer. The rising production of renewable energy to reduce the dependence on fossil fuels is fueling the demand of high voltage distribution transformers to move large amounts of renewable power over long distances. Additionally, rapid urbanization and smart city initiatives are also driving the demand of distribution transformer market. However, the lack of suitable testing facilities for transformers may hamper the growth of distribution transformer market.

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Market Research Analysis

On the basis of insulation, global distribution transformer market is segmented into oil- immersed, and dry. Out of them, oil-immersed accounted for the largest share in insulation segment mainly due to advantages such as energy efficiency, lower sound level, and longer operating life. Due to these factors oil- immersed type transformer is widely being used in utility, industrial, and commercial applications. Also, the growing focus on safety and environment protection is driving the demand of dry type transformers.

Regional Analysis:-

Asia-Pacific is the largest growing market

On the basis of regions, global distribution transformer market is segmented as North America, Europe, Asia-Pacific and RoW. Asia-Pacific region dominates the distribution transformer market. Rapid expansions in the industrialization, construction & infrastructure activities as well as growing renewable sector in this region increase the demand of distribution transformer market in Asia-Pacific region. This region is expected to grow at the fastest pace during the forecast period and retain its majority by 2022.

North America and Europe is also expected to contribute significantly to the global distribution transformer market. Upgradation of existing transmission and distribution network are driving the demand of distribution transformer in these regions.

Segmentation:-

By Type

Pole Mounted
Pad Mounted
Underground
By Phase

Single Phase
Three Phase
By Insulation

Oil- immersed
Dry
By Power Range

0-315kVA
316-2499kVA
2500-10000kVA

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Global Key Players Analysis:-

The key players of global distribution transformer market include ABB Ltd. (Switzerland), Siemens AG (Germany), Crompton Greaves Limited (India), General Electric (U.S.), Eaton Corporation Plc. (Ireland), Bharat Heavy Electricals Ltd (India), Diamond Power Infrastructure Ltd (India), Bemag Transformer Inc. (Canada), and Bowers Electricals Ltd (U.K.).

This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global distribution transformer market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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