Industrial Control Transformers Market: Revenue Growth, Key Players, Qualitative Analysis, Quantitative Analysis, Forecast up to 2030

SDKI Inc. published a new research report on "Industrial Control Transformer Market-Global Forecast 2023. The report provides a complete assessment of the market and its growth prospects, along with new business opportunities in the industry. It also includes market size and annual growth during the 2018-2023 forecast period.

Report sample URL
https://www.sdki.jp/sample-request-109732

The industrial controlled transformer market is estimated to reach US $ 1,039.8 million by 2023 from US $ 809.2 million in 2018 and is projected to grow at a CAGR of 5.14% between 2018-2023.

Increasing use of industrial controlled transformers across major industries, the booming power sector, and increasing power generation capacity around the world are key drivers of market growth. In addition, the need to reduce equipment failures caused by frequent voltage spikes is driving the growth of the industrial control transformer market around the world. In addition, increasing demand for industrial controlled transformers for the safety of operating systems may drive market growth. Increasing adoption of renewable energy resources is also expected to boost demand for controlled transformers.

Report sample URL
https://www.sdki.jp/sample-request-109732

Market segment The

industrial control transformer market is by phase (single-phase and 3-phase), power rating (25-500 VA, 500-1,000 VA, 1,000-1,500 VA, and> 1,500 VA), end-user (power generation). , Oil / gas, chemical, metal / mining), and divided by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Based on end users, the Metals and Mining segment is expected to hold the largest share of the industrial controlled transformer market during the forecast period. According to World Steel Association statistics, steel production increased from 1.56 billion tonnes in 2012 to 1.63 billion tonnes in 2016. In the mining industry, industrial control transformers have a wide range of applications in compressors, motors, mills, drills, and cranes used in machines that require relatively large forces. These factors are expected to contribute to the growth of this segment.

Regional Overview

In addition, the report covers all regions of the world, divided into North America, Europe, Asia Pacific, Latin America, Middle East & Africa and more. The Asia-Pacific market is expected to grow most rapidly during the forecast period, primarily due to the need to build power infrastructure in China and India, as well as growing concerns about the safety of electrical equipment. The need for industrial control transformers has increased significantly to prevent equipment failure.

Detailed contents of the survey report
https://www.sdki.jp/reports/industrial-control-transformer-market/109732

For more detailed analysis, each region is further divided into countries:
Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, and other Asia Pacific)
North America (US and Canada)
Middle East and Africa (Israel, GCC [Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa)
Latin America (Brazil, Mexico, Argentina, and other Latin America)
Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe).

Key Players in the Market Key Players

in the Industrial Control Transformers market include ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider (France), GE (US), Hubbell (US), These include Emerson (US) and Rockwell (US). The survey includes a detailed competitive analysis of these major companies in the industrial controlled transformer market, corporate profiles, recent developments, and key market strategies.

Contact Us

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Tokyo, Shibuya-ku, Japan
+ 81345720790
sales@sdki.jp

SDKI Inc. Company Profile

SDKI Inc.'s goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. Is to clarify. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

This release was published on openPR.