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Medium Voltage Transformers Market to grow at a CAGR of 4.5% during 2017-2027 | Key Players - MGM Transformer Company Co., General Electric Company, Amran Inc., Hitachi, Ltd., Tianan Electric Group Co

10-30-2018 11:50 AM CET | Industry, Real Estate & Construction

Press release from: Future Market Insights

Medium Voltage Transformers Market to grow at a CAGR of 4.5%

According to the recently published report titled “Medium Voltage Transformers Market: Global Industry Analysis (2012 –2016) and Opportunity Assessment (2017 – 2027)” that tracks the performance of the global medium voltage transformers market for a period of 10 years between 2017 and 2027, the market is expected to expand at a value CAGR of 4.5% over the forecast period (2017–2027). It is expected that the market will reach a value of US$ 14,805.7 Mn by 2027 end. In terms of volume, the market is expected to increase at a CAGR of 3.4% over the forecast period and account for the sales of 899,241 units by 2027 end. Growing industrialisation coupled with increasing demand from the construction sector across the globe is estimated to drive the growth of the global medium voltage transformers market over the forecast period. APEJ along with North America and Western Europe holds the highest market potential in the global medium voltage transformers market.

For Requesting a Sample Copy of This Report, Please Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-772

Global Medium Voltage Transformers Market: Key Takeaways

Increased manufacturing activities in various regions such as Asia Pacific, Middle East, and Latin America are expected to have a medium level impact on the global market
The presence of multinational and regional IT corporations as well as an increase in IT spending is expected to have a medium to high level of impact on the market
Growth in the construction industry will have a direct impact on the growth of the global medium voltage transformers market over the forecast period; increase in construction activities coupled with stringent government norms will promote the growth of the market
The growth in both urban and rural population is anticipated to increase the development of housing and infrastructural facilities that will simultaneously increase the demand for electric power and medium voltage transformers
High disposable income and improved purchasing power parity observed in consumers is anticipated to have a low to medium level impact on the market
Global Medium Voltage Transformers Market: Forecast and Segmental Analysis

The rating type segment includes 1,200 kVA, 1,500 kVA, 2,000 kVA, and 2,500 kVA segments.

1,200 kVA segment is anticipated to create incremental $ opportunity 4X that of the incremental $ opportunity created by the 1,500 kVA segment over the forecast period. In terms of value, the 1,200 kVA segment is anticipated to be valued at US$ 5,665.3 Mn by 2017 end. The segment is estimated to grow at a CAGR of 5.2% and reach a value of US$ 9,419.0 Mn by the end of 2027.

By product type, the market is categorised into dry type, oil immersed type and VPI type. Oil immersed type medium voltage transformers market is anticipated to grow 1.7X in terms of value during the forecast period. The segment is estimated to expand at a CAGR of 4.7% during the forecast period.

On the basis of configuration, global medium voltage transformers market is segmented into single phase and three phase. Three phase transformers are likely to replace single phase transformers owing to less power losses in three phased equipment.

The application segment comprises segments such as building establishments, civic infrastructure, industrial and IT-data and server centres. With growth witnessed in a number of IT service industries that have cropped up globally, the demand for medium voltage transformers is also likely to grow as IT companies require power supply that is coherent and streamlined in nature.

Customized Research Report As per your Requirements @ https://www.futuremarketinsights.com/customization-available/rep-gb-772

Global Medium Voltage Transformers Market: Forecast by Region

APEJ accounts for more than 50% of the market share in terms of value in the global market. Thinly spread out domestic players in some regions such as APEJ, MEA and countries like Taiwan and Hong Kong, has a direct impact on the sales of domestic players. Furthermore, the presence of foreign players in the South East Asia market has enabled the supply of medium voltage transformers through many distributors and hence, distributor sales is estimated to expand with a healthy CAGR over the forecast period.

Global Medium Voltage Transformers Market: Key Players

Some of the players operating in the global medium voltage transformers market are ABB Group, Kirloskar Electric Company, Siemens AG, MGM Transformer Company Co., General Electric Company, Amran Inc., Hitachi, Ltd.,  Tianan Electric Group Co., Ltd., Fuji Electric Co. Ltd., RITZ Instrument Transformers GmbH, Schneider Electric SE, RECO Transformer Pvt. Ltd., Eaton Corporation PLC, Mitsubishi Electric Corporation, Jinpan International USA Ltd., Končar  Distribution and Special Transformers, Inc., CG Power & Industrial Solutions Ltd., Fortune Electric Co., Ltd., Schaffner Holding AG, and Hammond Power Solutions Inc.

Inquire more or share questions if any before the purchase on this report @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-772

ABOUT US:

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

CONTACT:

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Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com

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