openPR Logo
Press release

Distribution Transformer Market Eminent industry participants include ABB, CG, General Electric, Siemens, EATON, Siemens, Schneider Electric, Toshiba Corp., Mitsubishi Electric, Hyundai Electric, BHEL, Hyosung, Daihen, Kirloskar, Celme and SPX Transformer

11-13-2018 11:00 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

/ PR Agency: 18886890688
Distribution Transformer Market

Distribution Transformer Market

Primarily augmented by the massive refurbishment of aging electric networks, distribution transformer market has lately been witnessing a slew of innovative tech advancements. The exponential demand for transformers has been observed to be directly proportional to the requirement for uninterrupted power supply across the globe. As modern methodologies such as smart monitoring and control distribution units (CDUs) observes an exponential rise, so does the demand for transformers, which would eventually help propel distribution transformers industry share. Another noticeable factor witnessed across distribution transformer market is the exceptionally fierce competitive landscape. As the requirement for highly efficient and unique transformers is on the rise, companies have been striving to come up with a range of innovative products to score an edge over their competitors. In consequence, this is expected to create a profitable growth path for distribution transformer market in the years ahead.

Get a Sample Copy of this Report: @ https://www.gminsights.com/request-sample/detail/2121

A vital instance testifying the authenticity of the aforementioned statement is Larson’s all-new transformer. Recently, Larson Electronics LLC, a global leader in industrial lighting and equipment, has unveiled a single-phase explosion proof buck and boost step-up transformer that provides excellent efficiency, protection against equipment failure, increased reliability, and an isolated power source. Equipped with highly reliable characteristics, this NEMA 4X rated unit is expected to be ideal for flammable worksites and other hazardous applications, and as per experts, would have a massive influence on the product landscape of distribution transformer industry, which crossed a valuation of USD 18 billion in 2016.

Distribution transformer market, on account of its massive application spectrum and cutthroat competitive landscape, has witnessed numerous developments since recent times, and is expected to continue depicting similar trends in the years ahead. Below mentioned are three pivotal instances observed across distribution transformer industry this year – instances that may have a noticeable impact on the commercialization potential and popularity landscape of this business sphere.

Advancing smart transformer technologies coupled with stringent energy efficiency compliances will comprehensively augment the global distribution transformer market. Volume manufacturing practices adopted by the leading manufacturers along with growing consumer awareness toward environmental security will encourage the product adoption. Escalating demand for the refurbishment of existing grid infrastructure across developed economies will further complement the industry outlook.

2.6 MVA to 10 MVA distribution transformer market on account of rapid urbanization across developing regions in the recent years has witnessed a significant turnaround. Briskly expanding utility aided grid networks to cater the rising rural electrification demand will considerably proliferate the industry growth. Renewable capacity addition across residential and commercial establishments to integrate a sustainable energy mix will further enhance the product penetration.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2121

Propositions in line with energy efficiency along with expeditious expansion of smart grid networks has structured a favorable industrial scenario. Rapid technological advancements along with favorable inclination towards the integration of smart monitoring technologies will fuel the distribution transformer market growth. The European nations in 2017, have approved over USD 133.7 billion investment towards the deployment of smart grid infrastructure across the region.

The U.S. distribution transformer market is anticipated to witness growth in line with the appreciable rise in investments toward the upgradation of existing infrastructure across the nation. Rapid infrastructural expansion in compliance to peninsula corridor electrification program will further embellish the industry outlook. In 2017, the U.S. regulators provisioned USD 100 million to sustain the increasing electricity demand across its rail networks.

Browse key industry insights spread across 750 pages with 1768 market data tables & 16 figures & charts from the report @ https://www.gminsights.com/industry-analysis/distribution-transformer-market

Middle East & Africa distribution transformer market is set to witness comprehensive growth subject to the ongoing adoption of distributed generation units along with the rapid expansion of off-grid electricity networks. Indulgence of major financial institutions including the Asian Development Bank, World Bank and the African Development Bank to cater the lagging power sector across the region will substantially boost the product demand. In 2017, ADB provisioned over USD 12 billion to across the African electricity sector. The investment aims at sustaining the rising electricity demand across the region consequently with establishing an effective grid infrastructure.

Eminent participants in the distribution transformer market include Toshiba Corp., GE, Kirloskar, ABB, Schneider Electric, SPX Transformer, EATON, Ormazabal, Siemens, Crompton Greaves, Ruhstrat, Mitsubishi Electric, Hyosung, Daihen, Hyundai Electric, Celme, and BHEL.

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com
Explore Our Blog @ http://algosonline.com/news

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Distribution Transformer Market Eminent industry participants include ABB, CG, General Electric, Siemens, EATON, Siemens, Schneider Electric, Toshiba Corp., Mitsubishi Electric, Hyundai Electric, BHEL, Hyosung, Daihen, Kirloskar, Celme and SPX Transformer here

News-ID: 1364820 • Views: 337

More Releases from Global Market Insights, Inc.

Global sodium metasilicate pentahydrate market size by 2025 | Top Companies are …
Global Market Insights, Inc., says that sodium metasilicate pentahydrate market may exceed USD 875 million by 2025. Sodium metasilicate pentahydrate market is expected to accrue momentous proceeds from the cement industry. The product is used as a connecting agent in the making of refractory cement & can enable properties such as chemical and heat resistance and hardness. It has also found application in the cosmetic, textile, ceramics, chemical production, and
Vinyl ester market Growth in Europe, Impact Covid19 and Top key players like Swa …
Vinyl ester market to be fueled by increasing deployment of wind energy facilities, Europe to emerge as a pivotal revenue pocket. In 2017, Europe marked a growth of 25% in the wind power plant capacity annual installation as compared to 2016. Whereas wind energy was the second-largest source of power generation power in the year 2016 in Europe. Nations worldwide are actively aligning their focus toward the deployment of wind
Biaxially Oriented Polypropylene (BOPP) Market Size, Share by key players like B …
Biaxially oriented polypropylene (BOPP) market size to reach USD 20 billion by 2024. Growing focus on superior packaging for the protection of delicate good, foods, medicines, and others will favor BOPP business growth in the coming years. Rapid proliferation of e-commerce platforms along with changing consumer spending trends will drive biaxially oriented polypropylene (BOPP) market outlook. In a world of constantly-changing lifestyles, consumers expect products to be shatter-proof, lightweight, aesthetically appealing,
Titanium Dioxide Market to see 7%+ CAGR over 2021-2026 | Key Players are Tronox …
Titanium Dioxide Market growth will be driven by rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries. The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product demand across

All 5 Releases


More Releases for Distribution

2018 UK Commercial Insurance Distribution
Press Release - 22 May2018 Global Research and Development News -- . . "UK Commercial Insurance Distribution 2018" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' ~ Summary ~ "UK Commercial Insurance Distribution 2018", report provides an in-depth study into commercial insurance distribution trends. It discusses the influence of the different purchasing behaviors of SMEs compared to larger corporate businesses,
UK Commercial Insurance Distribution 2017
ReportsWeb.com published “Commercial Insurance Distribution Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. "UK Commercial Insurance Distribution 2017", report provides an in-depth study into the trends of commercial insurance distribution. The report discusses the influence of the differing purchasing behaviors of SMEs compared to larger corporate businesses,
UK Commercial Insurance Distribution 2017
ReportsWeb.com published “Commercial Insurance Distribution Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. "UK Commercial Insurance Distribution 2017", report provides an in-depth study into the trends of commercial insurance distribution. The report discusses the influence of the differing purchasing behaviors of SMEs compared to larger corporate businesses,
heat 11 enlarges distribution network
heat 11, the specialist for industrial process heat, heat transfer and electrical power generation in Bielefeld, Germany, enlarges its worldwide distribution network. After establishing heat 11 (Shanghai) Co., Ltd. for the Asian market, the company now also disposes of sales partners for the prosperous markets in South America and the Arabian Peninsula. The ANKO Industry Service GmbH, headquartered in Hannover, Germany, has gained extensive expertise as engineering and service company
New distribution partner in China
The ELMED Dr. Ing. Mense GmbH is further expanding its international market presence: since April 2012 ELMED is now exclusively represented in China with its product division ISOTEST by the company Beijing Bettertech Co (Tel no.0086-10-65684616). The team of Mr. Peter Yan strengthens ELMED’s world-wide engagement and does not only offer customer proximity for the Chinese customers but also first-class local support „next door“ for the selection and use of
Protochips Expands Its Distribution Network
Protochips (protochips.com), a company specializing in revolutionary products for in situ electron microscopy, today announced the domestic and international expansion of the distribution network for the Aduro™ and Poseidon™ product lines. The continued growth of the Protochips distribution network reflects increased demand as well as the corporate objective to deliver exceptional customer service. The most recent additions to the Protochips’ distribution network include: Angstrom Scientific – Principals Evan Slow and Bob