openPR Logo
Press release

Transformer Market 2024: Global Industry Top Key Players – Ormazabal, Celme, Kirloskar, Hyosung, BHEL, Daihen, ABB, GE, Siemens, Schneider, Mitsubishi, Toshiba, Eaton, Crompton Greaves, and Hyundai

12-20-2018 06:46 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Transformer Market

Transformer Market

Transformer Market size will exceed USD 80 Billion by 2024, as reported in the latest study by Global Market Insights, Inc.

Increasing expenditures toward electric infrastructure expansion along with rapid economic escalation have fueled the deployment of effective grid networks in the recent years. Rapid commercial expansion in line with ongoing urbanization have led to significant increase in demand for reliable energy which will drive the global market share. Furthermore, favorable regulatory schemes coupled with the refurbishment of existing electrical grid network across developed economies will further enhance the business landscape.

Request for Sample Copy of this research report @ https://www.gminsights.com/request-sample/detail/2100

Government reforms toward the expansion of micro-grid networks along with large scale renewable energy capacity addition will complement the global market share. The industry has encountered a sharp increase in the deployment of sustainable energy subject to the renewable energy targets adhered by over 190 countries during the United Nations Climate Change Conference in 2015. Leveraging schemes and government aided incentives & policies including FiT will further augment the acceptance of renewable systems which in turn will propel the industry size.

Effective mechanical strength, flux leakage and lesser iron losses will energize the closed core transformer market size. Varied applications across low and medium voltage networks to render operational feasibility along with ongoing technological advancements will positively influence the product demand. Rapid expansion of grid infrastructure across the developing regions of Asia Pacific and Africa in line with favorable regulatory regime toward rural electrification will further escalate the industry growth.
The U.S. market in 2017, exceeded USD 5 billion owing to the rising refurbishment demand of existing grid networks. Installation of coherent grid support mechanism coupled with ongoing technological advancements will energize the business outlook. Increasing investment toward infrastructural growth including development of railway networks across the region will further strengthen the business growth.

Effective operational feasibility along with ambient voltage regulation will stimulate the auto transformer market size. Higher efficiency, low overall cost when compared with conventional technologies and product compactness are few elements measured to validate the product penetration. Growing concerns pertaining to energy efficiency along with diverse product applications will further nourish the industry landscape.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2100

Oil immersed transformer market is set to witness an annual installation of over 3 million units by 2024. Effective voltage feasibility favored by effective cooling property when compared with the competitive counterparts will augment the industry scenario. The technology in the recent years, has observed extensive demand on account of its optimal cooling strength, however health hazards, fire related issues and leakage associated with its deployment have constantly restrained the product demand.

Favorable government reforms toward energy efficiency coupled with growing adoption of smart grid technologies will boost the Germany market size. Growing energy security concerns coupled with increasing fund allocation toward large scale renewable integration will further augment the business landscape. In addition, ongoing expansion of manufacturing facilities favored by major automobile manufacturers in the region will enhance the product demand.

Browse key industry insights spread across 1004 pages with 2134 market data tables & 42 figures & charts from the report @ https://www.gminsights.com/industry-analysis/transformer-market

Notable global market participants include SPX, Ormazabal, Voltamp, Celme, Hyosung, Kirloskar, Daihen, Siemens, BHEL, ABB, GE, Mitsubishi, Schneider, Toshiba, Crompton Greaves, Eaton, and Hyundai.

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:

Transformer Industry, By Core
• Closed
• Shell
• Berry

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 Transformer Market 2024: Global Industry Top Key Players – Ormazabal, Celme, Kirloskar, Hyosung, BHEL, Daihen, ABB, GE, Siemens, Schneider, Mitsubishi, Toshiba, Eaton, Crompton Greaves, and Hyundai here

News-ID: 1451812 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Transformer

Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is
Signal Transformer Market Estimated to a Hike in Growth By Signal Type: Audio Tr …
Acumen Research and Consulting has announced the addition of the "Signal Transformer Market” report to their offering. The Signal Transformer Market Report 2018 is an in depth study analyzing the current state of the Signal Transformer Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Signal Transformer Market provides analysis of China market covering the industry trends, recent
Southeast Asia Transformer market :Global Demand Analysis & Opportunity Outlook …
Abstract: The Southeast Asia Transformer market size is $XX million USD in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million USD by the end of 2024 with a CAGR of XX% from 2019 to 2024. Request For Free Sample@ https://www.kennethresearch.com/sample-request-10071643 This report is an essential reference for who looks for detailed information on Southeast Asia Transformer market. The report covers data on Southeast Asia
Global Transformer Cores Market Forecast 2018-2025 Sanbian Sci-Tech, Wujiang Tra …
Market study on Global Transformer Cores 2018 Research Report presents a professional and complete analysis of Global Transformer Cores Market on the current market situation. Report provides a general overview of the Transformer Cores industry 2018 including definitions, classifications, Transformer Cores market analysis, a wide range of applications and Transformer Cores industry chain structure. The 2018's report on Transformer Cores industry offers the global Transformer Cores development history, development trends
Transformer Oil Market by Type (Mineral Oil-Based, Silicone Oil-Based, Bio-based …
Transformer oil market sales to reach $3.4 billion by 2020, with the mineral oil-based transformer oil segment to maintain its dominance until 2020. In 2014, the consumption of transformer oils was 1,437.8 million litres across the globe, which is expected to increase at 6.3% from 2015 to 2020. Transformer oils are electrical insulating oils stable at high temperature, which serves two important functions in a transformer, viz., suppression of arcing and
Transformer Cores Market by Application - Power Industry Transformer and Consume …
ReportsWeb.com has announced the addition of the “Global Transformer Cores Market Research Report 2017” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Global Transformer Cores market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including ABB Siemens Alstom Toshiba Mitsubishi Electric Hitachi Hyosung Zaporozhtransformator PJSC Starkstrom-Ger-tebau GmbH Fuji Electric CG SPX Transformer Solutions TDK Corporation Efacec Capital Laird Fair-Rite Products Ferroxcube TBEA JSHP Transformer Wujiang Transformer China XD Group Tianwei Group Dachi Electric Liye