Press release
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 n
Rising expenditure toward the expansion of electric infrastructure coupled with favorable regulatory measures for the refurbishment of existing grid networks will drive the global oil filled transformer market size. According to the Federal Energy Regulatory Commission (FERC), it has tripled the transmission expenditures in 2015 to over USD 15 billion in comparison to its investments in 2006. Significant upsurge in the demand for electricity due to ongoing urbanization and commercialization will further propel the industry dynamics.
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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.
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimates and forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Global oil filled transformer market 360o synopsis, 2013 – 2024
2.1.1 Business trends
2.1.2 Core trends
2.1.3 Product trends
2.1.4 Winding trends
2.1.5 Installation trends
2.1.6 Modes of cooling trends
2.1.7 Phase trends
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Chapter 3 Global Oil Filled Transformer Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024 (USD Million)
3.3 Industry ecosystem analysis
3.4 Innovation & sustainability
3.5 Regulatory landscape
3.6 Import/export landscape
3.7 Price trend analysis
3.8 Historic trends (Transformers)
3.9 Life cycle cost analysis (Transformer)
3.10 Transformer capital investment landscape
Browse key industry insights spread across 1201 pages with 2740 market data tables & 36 figures & charts from the report @ https://www.gminsights.com/industry-analysis/oil-filled-transformer-market
Chapter 4 Global Oil Filled Transformer Market, By Core
4.1 Global oil filled transformer market share by core, 2017 & 2024
4.2 Closed
4.3 Shell
4.4 Berry
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.
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.
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