Distribution Transformer Market Key Players analysis - ABB Ltd., Siemens AG, General Electric, Eaton Corporation Plc., Bemag Transformer Inc., Bowers Electricals Ltd
Transformers that are used for electric power distribution purpose are referred to as distribution transformers. Distribution transformers provide the necessary power for systems and buildings in the last transformation step from the power station to the consumer. The rising production of renewable energy to reduce the dependence on fossil fuels is fueling the demand of high voltage distribution transformers to move large amounts of renewable power over long distances. Additionally, rapid urbanization and smart city initiatives are also driving the demand of distribution transformer market. However, the lack of suitable testing facilities for transformers may hamper the growth of distribution transformer market.
The key players of global distribution transformer market include
• ABB Ltd. (Switzerland),
• Siemens AG (Germany),
• Crompton Greaves Limited (India),
• General Electric (U.S.),
• Eaton Corporation Plc. (Ireland),
• Bharat Heavy Electricals Ltd (India),
• Diamond Power Infrastructure Ltd (India),
• Bemag Transformer Inc. (Canada),
• Bowers Electricals Ltd (U.K.)
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Market Research Analysis
On the basis of insulation, global distribution transformer market is segmented into oil- immersed, and dry. Out of them, oil-immersed accounted for the largest share in insulation segment mainly due to advantages such as energy efficiency, lower sound level, and longer operating life. Due to these factors oil- immersed type transformer is widely being used in utility, industrial, and commercial applications. Also, the growing focus on safety and environment protection is driving the demand of dry type transformers.
Asia-Pacific is the largest market for the global distribution transformer market mainly due to rapid expansions in the industrialization, construction & infrastructure activities. It is expected to grow at the fastest pace during the forecast period.
Scope of the Report
This study provides an overview of the global distribution transformer market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global distribution transformer market as type, insulation, phase and power range.
• Pole Mounted
• Pad Mounted
• Single Phase
• Three Phase
• Oil- immersed
By Power Range
• Above 10000kVA
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The report has been segmented based on types, phases, insulations, power range, and regions. On the basis of types, global distribution transformer market is segmented as pole mounted, pad mounted, and underground. Out of them, pad mounted accounted for the largest share in the distribution transformer market mainly due to the wide application in residential areas and wind farm system. Pad-mounted transformer is a ground mounted electric power distribution transformer in a locked steel cabinet mounted on a concrete pad. Pad-mounted transformer is expected to grow at a significant pace during the forecast period. Pole mounted transformers are mounted on an electrical service pole. These transformers, being inaccessible, reduce the risk of injury to animals and people, and minimize vandalism. Pole mounted transformers are normally used in extensive rural area.
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