Hyundai, Celme, Eaton, General Electric, Siemens, Toshiba Notable participants in the Europe oil filled distribution transformer market include, Ruhstrat, Schneider, Hyosung, Mitsubishi, Crompton Greaves, ABB

Europe oil filled distribution transformer market has observed a dramatic surge in the recent years. The chief factors to have propelled the regional industry growth are the regulatory inclinations toward network expansion and the appreciable financial backing to support such projects. Citing a relevant instance – The European Investment Bank in 2017 announced an investment of USD 5 billion for upgradation of distribution networks and renewable energy integration. Add to this, in 2016, ENTSO-E in its 10-year network development plan, assigned around 150 billion dollars toward refurbishing T&D networks. As inferred from the industry trends, such investments are projected to be one of the highly implemented strategies in Europe oil filled distribution transformer market.

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Not to mention, the investments come on the heels of the sustainability and clean energy trends, of which Europe is a major beneficiary. Speaking of the industry verticals swayed by this carbon-free environment drive, power sector tops the list. The stringent energy efficiency norms across the region have fortified the demand for replacement of existing electric grid with energy efficient systems. With European sub-continents realizing the crucial role that energy efficient T&D systems play in lowering GHG emissions and climate change mitigation, the demand for oil filled distribution transformer is certain to escalate. In the year 2017, Europe oil filled distribution transformer industry registered a valuation of USD 1,100 million.

The modernizing of aging electric structure and deployment of new power infrastructure in the economically matured regions such as Germany, Italy, France, and Spain have set the ground lucrative for potential stakeholders to make massive investments in these geographies. Reports, in fact claim that the positive outlook toward energy conservation will be the leading factor stimulating the regional landscape of Europe oil filled distribution transformer industry in the years ahead. Enumerated below is a brief outline of how the regional trends will be faring in the ensuing years.

Massive proliferation of renewable energy in tandem with decentralized generation technologies have magnetized commendable growth avenues for Germany oil filled distribution transformer industry. Reportedly, the ambition goals of energy transformation laid by the Energiewende has made Germany one of the most significant leaders in harnessing renewable energy sources. For the record, Energiewende, Germany’s energy policy aims to integrate renewable energy across 50% of all the electricity supply network and make a shift from coal & nuclear toward green power sources.

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France is another prominent region fueling Europe oil filled distribution transformer market growth, with rapid expansion of smart & microgrid networks. Reports claim that initiatives toward substituting overhead electric lines with underground network and aerial bunched cables is likely to augment product demand. In terms of profitability potential, France oil filled distribution transformer industry is projected to be worth USD 200 million by the year 2024.

Similar scenario is also observed across Italy, where the regional government has laid favorable grounds for the massive proliferation of energy efficient networks. With annual installations anticipated to exceed 20,000 units by 2024, Italy oil immersed distribution transformer market is expected to have a rather considerable impact on the overall Europe oil filled distribution transformer industry share.

Oil Filled Transformer Market research report includes in-depth coverage of the industry with estimates & forecast in terms of Units and USD from 2013 to 2024, for the following segments:

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By Core
• Closed
• Shell
• Berry

By Product
• Distribution Transformer
• Power Transformer
• Instrument Transformer
• Others

By Winding
• Two Winding
• Auto Transformer

By Installation
• Outdoor
• Indoor

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