Press release
Eminent industry players across the oil filled transformer industry comprise of ABB, General Electric, Siemens, LSIS Co., Eaton Corporation, Celme, Ormazabal, Schneider Electric, Elsewedy Electric and Toshiba Corporation
Oil Filled Transformer Market
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The U.S. oil filled transformer market is predicted to expand over 4% by 2024. Ongoing technological enhancements for the provision of reliable grid support systems along with massive government funding for the establishment of cross border transmission networks will boost the industry growth.
5 to 10 MVA oil immersed transformer market size will witness growth subject to rampant commercial & industrial expansion. Rapid deployment of these units across medium voltage applications will further fuel the product landscape.
Favorable government initiatives including feed in tariffs (FITs) and incentivization policies toward the establishment of sustainable energy infrastructure will boost the single-phase oil filled transformer market growth. Deployment of efficient transformer units in small scale industries across developing nations will further provide a stimulus to the industry landscape.
Closed core oil filled transformer market will witness growth on account of its vast applicability across medium and low voltage electricity networks. Properties including effectual mechanical strength, reduced iron losses and flux leakage will significantly boost the product adoption.
Table of Content:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Global Oil Filled Transformer Industry Insights
Chapter 4 Global Oil Filled Transformer Market, By Core
Chapter 5 Global Oil Filled Transformer Market, By Product
Chapter 6 Global Oil Filled Transformer Market, By Winding
Chapter 7 Global Oil Filled Transformer Market, By Installation
Chapter 8 Global Oil Filled Transformer Market, By Modes of Cooling
Chapter 9 Global Oil Filled Transformer Market, By Phase
Chapter 10 Global Oil Filled Transformer Market, By Mounting
Chapter 11 Global Oil Filled Transformer Market, By Rating
Chapter 12 Global Oil Filled Transformer Market, By Substation Connectivity
Chapter 13 Global Oil Filled Transformer Market, By Application
Chapter 14 Global Oil Filled Transformer Market, By Region
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Surging electricity demand from the ever-increasing population coupled with favorable regulatory regime toward rural electrification will drive the Middle East & Africa oil filled transformer market growth. The Government of West Africa, in 2014, launched the National Program for Rural Electrification (PRONER) with an aim to increase the electricity penetration rate by 80% by 2020.
Transmission networks will witness substantial growth on account of government measures toward the expansion of high voltage grid networks for long distance power supply. Establishment of renewable energy networks to fulfil the energy demand along with subsequent upgrading of power networks for optimized energy consumption will in turn drive the transmission oil filled transformer market size.
Notable industry players in the oil filled transformer market comprise General Electric, Siemens, ABB, Eaton Corporation, Ormazabal, Toshiba Corporation and LSIS Co. amongst others. Extensive R&D, product accreditations coupled with strengthened distributary network are some of the key assets that provide a competitive edge to the industry players.
Browse key industry insights spread across 1250 pages with 2740 market data tables & 36 figures & charts from the report @ https://www.gminsights.com/industry-analysis/oil-filled-transformer-market
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:
By Core
• Closed
• Shell
• Berry
By Product
• Distribution Transformer
• Power Transformer
• Instrument Transformer
• Others
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