Green Transformers for Environmentally Sensitive Areas
Large Power Transformers Market Description:
Favorable government regulations for production of green energy and power are also expected to fuel the growth of the power transformers market over the forecast period. Global environmental concerns highlight the need for lower emissions and water conservation in both existing and new power plants. As a result, leading companies such as Alstom have developed and introduced green transformers for environmentally delicate zones. Similarly, Crompton Greaves Ltd. designed, produced, and installed extremely low noise power transformers for environmentally critical regions. Such innovative and environmentally friendly products are expected to witness strong demand in the future due to rising environmental concerns. Therefore, the degree of competition is analyzed to grow from medium to high over the forecast period.
Based on the geographical segmentation of the global large power transformers market, Asia Pacific region occupied the largest market share in 2013, which can be attributed to rising energy demands coupled with technological advancements in this region. The Asia Pacific region is expected to account for majority of the global growth over the forecast period. However, this region has a large unorganised sector and the market in this region is highly fragmented with the presence of many local players. Rest of the World economies such as the Middle East and Africa are expected to steadily expand their power infrastructures, attracting intense competition from global as well as regional market players. Mature economies in North America and Europe regions are expected to observe steady growth owing to the various modernization and upgradation initiatives. The countries in these regions are undertaking such initiatives to boost the power generation in order to meet rising demands.
The global large power transformers market has been segmented by power rating into 100 MVA to 500 MVA large power transformers, 501 MVA to 800 MVA large power transformers, and 801 MVA to 1200 MVA large power transformers. Large power transformers between the power ratings range of 100 MVA and 500 MVA are expected to exhibit the fastest growth until 2019, with an estimated CAGR of 8.0% in terms of revenue from 2013 to 2019. This growth is attributed to the fact that lower rating transformers are the most widely used by utilities around the globe.
High Voltage Direct Current (HVDC) transformers fall under the 501 MVA to 800 MVA large power transformers segment. HVDC transformers are either built as single-phase or three-phase units, depending on voltage, power and transportation considerations. The 501 MVA to 800 MVA large power transformers segment is expected to witness a steady growth in the next six years. Furthermore, the large power transformers between the power ratings of 801 MVA and 1200 MVA are expected to be used for HVDC and UHVDC power generation in the Asia Pacific and Middle East regions on account of rising energy demands in these regions over the forecast period.
Some Important Technical Trends of Large Power Transformers at: http://bit.ly/29j9UaG
Moreover, the key industry players have been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis and recent developments in the field of large power transformers. The key industry participants ABB Ltd., Alstom SA, Crompton Greaves Ltd., Siemens AG, General Electric Co, Hyosung Power & Industrial Systems Performance Group, Hyundai Heavy Industries Ltd. and TBEA Co. Ltd. among others.
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Green Transformers for Environmentally Sensitive Areas here
News-ID: 347139 • Views: 390
More Releases for MVA
Industrial Thermostatic Control Valves Market Top Key Players Revenue Analysis: …
QY Research has lately published a new report on “Global Industrial Thermostatic Control Valves Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 8-years, i.e. between 2017 and 2025. In 2018, the market size of Industrial Thermostatic Control Valves is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2018; while in China, the
Industrial Control Valves Sales Market Report 2018: AMOT, Danfoss, Fluid Power E …
Marketresearchreports.biz Announced New Study on Report "Global Industrial Control Valves Sales Market Report 2018" The global Industrial Control Valves market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025. This report studies the global Industrial Control Valves market status and forecast, categorizes the global Industrial Control Valves market size (value & volume) by key
Power Transformer (100 MVA) Market Size, Status, Application and Forecast 2025: …
A new business intelligence report released by HTF MI with title “Global Power Transformer (100 MVA) Market Status and Outlook 2018-2025” that targets and provides comprehensive market analysis with future prospects to 2023. The analysts of the study have garnered extensive research methodologies and data sources (i.e Secondary & Primary Sources) in order to generate collective and useful information that delivers latest market undercurrents and industry trends. Request Sample Report @:
Global Power Transformer (100 MVA) Market Size, Share, Growth, Analysis and Top …
Global Power Transformer (100 MVA) Market based on geographic classification is studied for industry analysis, size, share, growth, trends, segment, top manufacturing company analysis, statistics and analytical data and forecast to 2025. The reports on the global aspect, these reports cater regional aspects as well as global for the organizations. Get Sample Copy of this Report @ https://www.orianresearch.com/request-sample/581382 . Power Transformer (100 MVA) Market gives a tenor of market utilization value,
Latest Report on: Power Transformer (100 MVA) Market 2018-2025 ABB, Bharat Heavy …
A market study "Global Power Transformer (100 MVA) Market" examines the performance of the Power Transformer (100 MVA) market 2018. It encloses an in-depth Research of the Power Transformer (100 MVA) market state and the competitive landscape globally. This report analyzes the potential of Power Transformer (100 MVA) market in the present and the future prospects from various angles in detail. The Global Power Transformer (100 MVA) Market 2018 report includes
Global Power Transformer (100 MVA) Market 2018 - General Electric, Hyundai Heavy …
Global Power Transformer (100 MVA) Market 2018 Analysis Report audits a Market Regions, Product Categories, with Sales, Business Revenue, Goods cost, Power Transformer (100 MVA) piece of the overall industry and Growth patterns, concentrating on driving Power Transformer (100 MVA) industry players, showcase size, request and supply examination, utilization volume, Forecast 2017 to 2025. The major regions present in the continents like United States, Germany, Japan and China and their contribution