Press release
2020 Oil Filled Transformer Market Trend & Growth Forecast to 2024
The shifting focus toward the necessity of modern electric infrastructure has significantly elevated the oil filled transformer market dynamics in the recent years. In line with this, the supportive regulatory practices toward the refurbishment of existing grid networks have also been fueling the demand for oil filled transformers across the globe. An instance bearing testimony to the aforesaid is of the statistics provided by the Federal Energy Regulatory Commission (FERC) that estimated the transmission expenditures to have been increased by three folds in 2015 with a valuation of USD 15 billion in comparison to the investment in that of 2006.
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Pages: 400
Tables: 564
Charts / Figures: 32
Companies covered: 22
Countries covered: 40
Oil Filled Transformer Market is anticipated to surpass USD 45 billion by 2024. Increasing expenditure pertaining to the development of grid networks along with positive government initiatives for the revamping of existing electrical infrastructure will drive the oil filled transformer market. The Federal Energy Regulatory Commission in 2015, stated that it has tripled the expenditures on transmission to USD 15 billion as compared to its fund flow in 2006. Significant increase in the electricity demand owing to ongoing commercialization and industrialization will further complement the industry landscape.
Single-phase transformers will witness significant growth on account of favorable government measures including incentivization policies and feed in tariffs (FITs) toward the establishment of renewable energy infrastructure. Deployment of energy efficient transformer units across small scale industries in the developing countries will further stimulate the oil filled transformer market.
Development of rail and road networks in developed regions in line with massive fund allocations across the transportation industry will augment the installation of pad mounted units. Rising infrastructural fund flow across electricity markets along with enhanced government efforts to overcome power deficit will further fuel the oil filled transformer market.
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As the demand for efficient oil filled transformers continues to flourish in the coming years, several other renowned industry players including General Electric, Ormazabal, Eaton Corporation, Toshiba Corporation Siemens, are also likely to following similar investment trends, which in turn are expected to strengthen oil filled transformer industry trends in the coming years. With these aforementioned regional and competitive trends analyzed to be more enduring in ensuing years, it won't be wrong to quote that oil filled transformer market is certain to emerge as one of the most significant verticals of the energy domain. A report by Global Market Insights, Inc., further throws light on the growth prospects of oil filled transformer market, which is forecast to witness annual installations of around 600 thousand units and cross USD 45 billion in terms of revenue by 2024.
Similar investment trends coming in the wake of sustainability and clean energy initiatives across the globe have rather swayed the oil filled transformer industry participants to go the whole hog in catering to the modern-day power grid demands. In a bid to strengthen their footprint, these industry players are seen coming up with innovative and technologically advanced products. Recently for instance, ABB, a prominent name in the global oil filled transformer industry made it to the headlines for developing a new robot inspection system to be able to work in oil filled transformers environment. Dubbed as the TXplore, the new robot technology is gaining immense traction across the global oil filled transformer industry. Not only this, but the company was also seen expanding its Poland-based transformer production facility both in terms of scope and capacity in 2016.
Chapter 4 Global Oil Filled Transformer Market, By Core
4.1 Global oil filled transformer market share by core, 2017 & 2024
4.2 Closed
4.2.1 Global market from closed, 2013 - 2024
4.2.2 Global market from closed, by region, 2013 - 2024
4.2.3 Global market from closed, by region, 2013 - 2024
4.3 Shell
4.3.1 Global market from shell, 2013 - 2024
4.3.2 Global market from shell, by region, 2013 - 2024
4.3.3 Global market from shell, by region, 2013 - 2024
4.4 Berry
4.4.1 Global market from berry, 2013 - 2024
4.4.2 Global market from berry, by region, 2013 - 2024
4.4.3 Global market from berry, by region, 2013 - 2024
Chapter 5 Global Oil Filled Transformer Market, By Product
5.1 Global oil filled transformer market share by product, 2017 & 2024
5.2 Distribution Transformer
5.2.1 Global market from distribution transformer, 2013 - 2024
5.2.2 Global market from distribution transformer, by region, 2013 - 2024
5.2.3 Global market from distribution transformer, by region, 2013 - 2024
5.3 Power Transformer
5.3.1 Global market from power transformer, 2013 - 2024
5.3.2 Global market from power transformer, by region, 2013 - 2024
5.3.3 Global market from power transformer, by region, 2013 - 2024
5.4 Instrument Transformer
5.4.1 Global market from instrument transformer, 2013 - 2024
5.4.2 Global market from instrument transformer, by region, 2013 - 2024
5.4.3 Global market from instrument transformer, by region, 2013 - 2024
5.5 Others
5.5.1 Global market from others, 2013 - 2024
5.5.2 Global market from others, by region, 2013 - 2024
5.5.3 Global market from others, by region, 2013 - 2024
Chapter 6 Global Oil Filled Transformer Market, By Winding
6.1 Global oil filled transformer market share by winding, 2017 & 2024
6.2 Two Winding
6.2.1 Global market from two winding, 2013 - 2024
6.2.2 Global market from two winding, by region, 2013 - 2024
6.2.3 Global market from two winding, by region, 2013 - 2024
6.3 Auto Transformer
6.3.1 Global market from auto transformer, 2013 - 2024
6.3.2 Global market from auto transformer, by region, 2013 - 2024
6.3.3 Global market from auto transformer, by region, 2013 - 2024
Chapter 7 Global Oil Filled Transformer Market, By Installation
7.1 Global oil filled transformer market share by installation, 2017 & 2024
7.2 Outdoor
7.2.1 Global market from outdoor, 2013 - 2024
7.2.2 Global market from outdoor, by region, 2013 - 2024
7.2.3 Global market from outdoor, by region, 2013 - 2024
7.3 Indoor
7.3.1 Global market from indoor, 2013 - 2024
7.3.2 Global market from indoor, by region, 2013 - 2024
7.3.3 Global market from indoor, by region, 2013 - 2024
Chapter 8 Global Oil Filled Transformer Market, By Modes of Cooling
8.1 Global oil filled transformer market share by modes of cooling, 2017 & 2024
8.2 Oil Natural Air Natural (ONAN)
8.2.1 Global market from Oil Natural Air Natural (ONAN), 2013 - 2024
8.2.2 Global market from Oil Natural Air Natural (ONAN), by region, 2013 - 2024
8.2.3 Global market from Oil Natural Air Natural (ONAN), by region, 2013 - 2024
8.3 Oil Natural Water Forced (ONWF)
8.3.1 Global market from Oil Natural Water Forced (ONWF), 2013 - 2024
8.3.2 Global market from Oil Natural Water Forced (ONWF), by region, 2013 - 2024
8.3.3 Global market from Oil Natural Water Forced (ONWF), by region, 2013 - 2024
8.4 Oil Natural Air Forced (ONAF)
8.4.1 Global market from Oil Natural Air Forced (ONAF), 2013 - 2024
8.4.2 Global market from Oil Natural Air Forced (ONAF), by region, 2013 - 2024
8.4.3 Global market from Oil Natural Air Forced (ONAF), by region, 2013 - 2024
8.5 Others
8.5.1 Global market from others, 2013 - 2024
8.5.2 Global market from others, by region, 2013 - 2024
8.5.3 Global market from others, by region, 2013 - 2024
Chapter 9 Global Oil Filled Transformer Market, By Phase
9.1 Global oil filled transformer market share by phase, 2017 & 2024
9.2 3 - phase
9.2.1 Global market from 3 - phase, 2013 - 2024
9.2.2 Global market from 3 - phase, by region, 2013 - 2024
9.2.3 Global market from 3 - phase, by region, 2013 - 2024
9.3 Single phase
9.3.1 Global market from single phase, 2013 - 2024
9.3.2 Global market from single phase, by region, 2013 - 2024
9.3.3 Global market from single phase, by region, 2013 - 2024
Chapter 10 Global Oil Filled Transformer Market, By Mounting
10.1 Global oil filled transformer market share by mounting, 2017 & 2024
10.2 Pad
10.2.1 Global market from pad, 2013 - 2024
10.2.2 Global market from pad, by region, 2013 - 2024
10.2.3 Global market from pad, by region, 2013 - 2024
10.3 Pole
10.3.1 Global market from pole, 2013 - 2024
10.3.2 Global market from pole, by region, 2013 - 2024
10.3.3 Global market from pole, by region, 2013 - 2024
10.4 Foundation
10.4.1 Global market from foundation, 2013 - 2024
10.4.2 Global market from foundation, by region, 2013 - 2024
10.4.3 Global market from foundation, by region, 2013 - 2024
10.5 Others
10.5.1 Global market from others, 2013 - 2024
10.5.2 Global market from others, by region, 2013 - 2024
10.5.3 Global market from others, by region, 2013 - 2024
Chapter 11 Global Oil Filled Transformer Market, By Rating
11.1 Global oil filled transformer market share by rating, 2017 & 2024
11.2 < 5 MVA
11.2.1 Global market from < 5 MVA, 2013 - 2024
11.2.2 Global market from < 5 MVA, by region, 2013 - 2024
11.2.3 Global market from < 5 MVA, by region, 2013 - 2024
11.3 5 to 10 MVA
11.3.1 Global market from 5 to 10 MVA, 2013 - 2024
11.3.2 Global market from 5 to 10 MVA, by region, 2013 - 2024
11.3.3 Global market from 5 to 10 MVA, by region, 2013 - 2024
11.4 > 10 MVA
11.4.1 Global market from > 10 MVA, 2013 - 2024
11.4.2 Global market from > 10 MVA, by region, 2013 - 2024
11.4.3 Global market from > 10 MVA, by region, 2013 - 2024
Chapter 12 Global Oil Filled Transformer Market, By Substation Connectivity
12.1 Global oil filled transformer market by substation connectivity,2017 & 2024
12.2 Distribution
12.2.1 Global market from distribution, 2013 - 2024
12.2.2 Global market from distribution, by region, 2013 - 2024
12.2.3 Global market from distribution, by region, 2013 - 2024
12.3 Transmission
12.3.1 Global market from transmission, 2013 - 2024
12.3.2 Global market from transmission, by region, 2013 - 2024
12.3.3 Global market from transmission, by region, 2013 - 2024
Chapter 13 Global Oil Filled Transformer Market, By Application
13.1 Global oil filled transformer market share by application, 2017 & 2024
13.2 Residential & Commercial
13.2.1 Global market from residential & commercial, 2013 - 2024
13.2.2 Global market from residential & commercial, by region, 2013 - 2024
13.2.3 Global market from residential & commercial, by region, 2013 - 2024
13.3 Utility
13.3.1 Global market from utility, 2013 - 2024
13.3.2 Global market from utility, by region, 2013 - 2024
13.3.3 Global market from utility, by region, 2013 - 2024
13.4 Industrial
13.4.1 Global market from industrial, 2013 - 2024
13.4.2 Global market from industrial, by region, 2013 - 2024
13.4.3 Global market from industrial, by region, 2013 - 2024
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