Power Transformer Market Key Players, Upcoming Trends, Sales, Market Size Analysis to Forecast Period 2016-2025

Power Transformer Market to Witness Steady Expansion shortly due to Emerging economies raising production capacities and emphasizing on transmission and distribution infrastructure
A transformer is an electrical tool used to transfer electricity from one circuit to another by electromagnetic induction. The energy transmission is followed by no change in frequency.

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The word power transformer is used in an electronic system to supply several multi-voltage AC supplies and appropriate current values from the public electricity supply. These transformers are used to step up and step down voltages in distribution systems. The prevalent form of transformer is immersed in and these transformers ‘ life span is approximately 30 years. It holds a low voltage, high current circuit on one side of the transformer and it holds a current high voltage circuit on the other side of the transformer. It works on the is based on the Faradays induction principle.
Growing demand for electrical power in emerging nations and substantial power plant capacities alongside economic development are a few major factors driving the global demand for power transformers market.

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Market Segmentation:

By Power Rating:

• Small Power Transformer (Up to 60MVA)
• Medium Power Transformer (61 – 600MVA)
• Large Power Transformer (Above 600MVA)

By Cooling Type:

• Oil-Cooled Transformer
• Power-Cooled Transformer

By Application:

• Residential
• Commercial
• Industrial

This report provides a detailed understanding of the global power transformer market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

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Companies Covered:

• Schneider Electric
• ABB Transformers Ltd
• Siemens
• Kirloskar
• SPX Transformer
• Toshiba Corp
• Bharat Heavy Electricals Limited
• Celme
• Hyundai Electric
• Mitsubishi Electric
• DAIHEN Corporation
• Hyosung
• Crompton Greaves
• General Electric

This upcoming study will be published shortly with a focus on the key stakeholders in the market. Regions covered in the study include North America, Asia-Pacific, Western Europe, Eastern Europe, Middle East and Rest of the World.

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Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments about market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

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