openPR Logo
Press release

Single Phase Transformer Market Overview and Outlook Research Report 2024

01-29-2018 06:14 AM CET | Associations & Organizations

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Single Phase Transformer Market Overview and Outlook Research

A transformer is a static electro-magnetic electrical device which operates on Faraday’s law of electromagnetism by converting electrical energy from one value to another. Single phase transformers are electrical devices which transfer energy between circuits through electromagnetic induction. This type of transformer generally consists of two electrical coils of wire, known as primary winding and secondary winding. The windings of these transformers are enclosed in pressurized and sealed tanks, and are air-cooled. Moreover, it provides safety against leakage and fire, and also reduces health and environmental concerns. Single phase transformers can withstand moisture and have better short circuit strength and impulse compared to liquid filled transformers. This type of devices are widely used in industrial as well as domestic segments.

Request Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=15803

The key driving factors for single phase transformer market are increasing demand for electricity worldwide and extensive applicability of these transformers in distribution of electricity. Rapid industrialization in emerging countries coupled with rapid expansion of electricity transmission network globally is likely to fuel the growth of the market for single phase transformers. Moreover, these transformers have various safety advantages over liquid-filled transformers. Thus, single phase transformers are largely used in mining, marine, oil & gas and other industries, which have specific voltage requirements, owing to importance of fire safety in these sectors. Considering all these factors, the market for single phase transformers is expected to witness strong growth during the forecast period. However, factors such as high cost of these devices and lack of government investment in grid stability are restraining the market growth to some extent.

Single phase transformer market can be broadly classified on the basis of voltage, technology, applications and geography. By voltage, the market is segmented into low voltage and medium voltage. The low voltage segment is likely to hold the largest share of the market by 2024. Low voltage transformers are very efficient and reduces the risk of electric shock, thereby providing protection to the user. The market is divided by technology into VPI single phase transformer and cast resin single phase transformer. Moreover, these transformers have different application areas including commercial and industrial among others. The industrial application segment is anticipated to grow significantly during the forecast period. The major reason is attributed to increasing development of electricity distribution network in industrial sectors. By geography, the single phase transformer market is segmented into North America, Europe, Asia pacific, Middle East and Africa and Latin America.

Browse Our Report: https://www.transparencymarketresearch.com/single-phase-transformer-market.html

Currently Asia Pacific is dominating the market for single phase transformer in terms of revenue, followed by North America and Europe. The major reason is attributed to increasing government investments and development of long-distance projects in Asia Pacific. Countries such as Japan and China among others are continuously focused on investing significant amounts for the expansion of this market. Moreover, Latin America and Africa are also anticipated to enhance investments in power sector in the future, which in turn is likely to fuel the growth of single phase transformer market. The rate of industrialization is also high in South Africa and Brazil and many power infrastructure development projects are being planned in these regions of the world. In addition, power distribution and transmission infrastructure is also expanding in the Middle East. Huge investments are being made by the government of Saudi Arabia and Iran among others. Developing economies such as China, India, Russia, Brazil and South-Africa are likely to be attractive market for single phase transformers.

Top players in this market are ABB Ltd. (Switzerland), Hammond Power Solution Inc. (Canada), General Electric (U.S.), Siemens AG (Germany), Jinpan International Ltd.(China), Schneider Electric (France), Eaton Corporation (Ireland), TBEA Transformer Industrial Group (China), Voltamp Transformer Ltd.(India) and Crompton Graves Ltd. (India).

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Pre Book Now This Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=15803<ype=S

Transparency Market Research (TMR) is a 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 business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Single Phase Transformer Market Overview and Outlook Research Report 2024 here

News-ID: 918952 • Views: 325

More Releases from Transparency Market Research

Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the

All 5 Releases


More Releases for Single

Single Stage Fresh Water Generator Market
QY Research has lately published a new report on “Global Single Stage Fresh Water Generator Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 7-years, i.e. between 2018 and 2025. The global Single Stage Fresh Water Generator market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during
New Single Released to Radio
PRESS RELEASE FOR IMMEDIATE RELEASE Nov 2 | Posted by: Tribe Team New Single Released to Radio! Randy and his team have joined forces with Radio to release his New single "Saturday Backroad". He has been in Nashville working on the new project over a couple years since his 2011 KMA Records release. Now he's back ready to take the spot light and present all of his brand new music your sure to love. The
Single Cell Isolation Trends 2016
ReportsWorldwide has announced the addition of a new report Single Cell Isolation Trends 2016 to its growing collection of premium market research reports. This market report summarizes the results of HTStec's industry-wide global web-based benchmarking survey on single cell isolation carried out in December 2016. The survey was initiated by HTStec as part of its tracking of emerging life science marketplaces. The objectives were to understand current interest, progress made in implementation and
Single Door Access Control Panel
COSEC ARC is an intelligent compact IP panel with PoE for a single door. ARC dramatically simplifies access deployment. COSEC ARC works in two modes – standalone with COSEC PANEL or in a centralized mode with COSEC CENTRA application server. The state-of-the-art COSEC ARC can control 2 readers on Wiegand or RS-485, door lock and other auxiliary devices making it an ideal solution for any access control installation. Key Features: • Compact,
NEW KINKOBRA SINGLE & VIDEO RELEASE
The Dutch rock band Kinkobra has released their new SINGLE & VIDEO "OK" worldwide over AWESOME KICKASS RECORDS on the 24th of august. After only three months, they convinced 3FM dj Annemieke Schollaardt to let them perform live in her show. Not much later, joining a Demo contest from Radio 538, this firmly established their potential. Next a live webcast for RedBull in cooperation with MTV
Hayden Padgett's Debut Single
Hayden Padgett, an up and coming artist based in the Bay Area, is releasing his latest single entitled "Poisoning Me." The song is a combination of Pop and R&B elements that highlights the piano skills of Hayden Padgett, as well as his vocal talent. The song is a strong first step in the musical career of a talented new artist. Hayden Padgett has been heavily involved in music for most of