Press release
Global Distribution Transformer Market is predicted to grow at approximately 6% by 2022
Global Distribution Transformer Market ,Distribution Transformer Market,Global Distribution Transformer Industry
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.
Global Distribution Transformer Market Research report: Information by Type (pole mounted, pad mounted, underground), Insulation (oil-immersed, dry), Power Rating (10000kVA), End-Use– Forecast till 2023
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.
Key Players:-
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.).
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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.
Asia-Pacific is the largest market for the global distribution transformer market mainly due to rapid expansions in the industrialization, construction & infrastructure activities. It is expected to grow at the fastest pace during the forecast period.
Scope of the Report:-
This study provides an overview of the global distribution transformer market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global distribution transformer market as type, insulation, phase and power range.
By Type
Pole Mounted
Pad Mounted
Underground
By Phase
Single Phase
Three Phase
By Insulation
Full Report Available@https://www.marketresearchfuture.com/reports/distribution-transformer-market-258
Oil- immersed
Dry
By Power Range
0-315kVA
316-2499kVA
2500-10000kVA
Above 10000kVA
List Of Tables
Table 1 Global Distribution Transformer Market: By Region, 2018-2023
Table 2 North America Distribution Transformer Market: By Country, 2018-2023
Table 3 Europe Distribution Transformer Market: By Country, 2018-2023
Table 4 Asia Pacific Distribution Transformer Market: By Country, 2018-2023
Table 5 RoW Distribution Transformer Market: By Country, 2018-2023
Table 6 Global Distribution Transformer Market By Type: By Regions, 2018-2023
Table 7 North America Distribution Transformer Market By Type: By Country, 2018-2023
Table 8 Europe Distribution Transformer Market By Type: By Country, 2018-2023
Table 9 Asia Pacific Distribution Transformer Market By Type: By Country, 2018-2023
Table 10 RoW Distribution Transformer Market By Type: By Country, 2018-2023
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