123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Power Transformer Market Is Estimated Reach To $29.91 Billion By 2020

By Author: Akshay
Total Articles: 138

Global energy production has increased over the past decade, from 15,409.0 TWH in 2000 to 23,536.5 TWH in 2014. This has also led to the increasing need for expanding T&D networks globally; new T&D infrastructure needs USD 1.9 Trillion in cumulative investment by 2024 to meet the growing energy demands. This includes substations, power lines, and associated equipment and new technology. Governments worldwide are investing in T&D network expansion projects, increasing the demand for power transformers. The power transformer market is projected to reach USD 29.9 Billion by 2020, from USD 20.7 Billion in 2015, at a CAGR of 7.6% during the forecast period.
The report covers major market players such as ABB (Switzerland), Siemens (Germany), Crompton Greaves (India), and General Electric (U.S.) among others. These companies together occupy about half of the power transformer market.
Get Sample Copy of Report @ https://www.marketsandmarkets.com/requestsample.asp?id=128022787
Scope of the report
On the basis of rating
• Small Power Transformer (Up to 60MVA)
• Medium Power Transformer (61 - 600MVA)
• Large Power Transformer (Above 600MVA)
On the basis of type of cooling method
• Oil-Cooled
• Air-Cooled
On the basis of Region
• North America
• South America
• Asia-Pacific
• Middle East
• Europe
• Africa
Browse 67 market data tables with 38 figures across 157 pages and in-depth TOC on “Power Transformer Market - Global Trends & Forecasts to 2020"
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=128022787
• This research study involves the extensive usage of secondary sources, directories, and databases (such as Hoovers, Bloomberg, Businessweek, Factiva, and OneSource) to identify and collect information useful for this technical, market-oriented, and commercial study of the power transformer market.
• In-depth interviews have been conducted with various primary respondents that include key industry participants, subject matter experts, C-level executives of key market players, and industry consultants among other experts.
• The market for the power transformer report was arrived at by using regional data for the T&D expansion projects and the relative investments in the T&D sector. Finally, the global values were arrived at by adding the power transformers markets for individual regions.
• After arriving at the overall market size, the total market has been split into several segments and subsegments. In order to complete the overall market engineering process and arrive at exact statistics for all the segments and subsegments, the data triangulation and market breakdown procedure has been employed, wherever applicable.
• The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market has been validated using both the top-down and bottom-up approaches.
Browse Full Report Here: https://www.marketsandmarkets.com/Market-Reports/power-transformers-market-128022787.html
Customer Interested in this report also can view
Smart Transformers Market by Type (Power, Distribution, Specialty, and Instrument), Application (Smart Grid, Traction Locomotive, Electric Vehicle Charging, and Others) & by Region - Global Trends & Forecast to 2020
Pad-mounted Transformer Market by End User (Industrial, Commercial, and Residential), by Phase (Single and Three), by Rated Power (1 MVA), by Insulation Type (Dry-type and Liquid-Immersed) & by Region - Global Forecast to 2020
Transformer Monitoring System Market by Type (Hardware Solutions and IT Solutions), Application (Distribution Transformers, and Power Transformers), Service (Oil/Gas Monitoring, and Bushing Monitoring), and Region - Global Forecast to 2021
The size of the overall market has been determined by forecasting techniques based on the power transformer demand in different regions, which has been validated through primary sources. The market data is available from 2013 to 2020 with CAGR from 2015 to 2020. This report analyzes various marketing trends and establishes the most effective growth strategy.
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Total Views: 23Word Count: 655See All articles From Author

Business Articles

1. Factors To Consider When Shopping For Cooler Bags
Author: Rory Jayasinhe

2. Ball
Author: Elance

3. Tips Regarding Women Start-ups
Author: Tanya Sharma

4. Great Flower Ideas For Weddings
Author: Larry Montesano

5. Laminate Floor Store Long Island
Author: Barry’s My Carpet Inc. is a family owned and opera

6. Carpet Styles 2019
Author: Barry’s My Carpet Inc. is a family owned and opera

7. What Is Seo - For Beginners
Author: Digital Marketing

8. Guide To Carpets
Author: Barry’s My Carpet Inc. is a family owned and opera

9. What’s Waterproof, Pet Proof, & Spill Proof Carpet
Author: Barry’s My Carpet Inc. is a family owned and opera

10. How To Quickly And Easily Remove A Background In Photoshop
Author: Winston

11. Here's How You Can Prepare Your House For Rubbish Removal!
Author: Solo IT

12. Best Anti-glare Computer Glasses
Author: Halina Tseng

13. Super Elite Decorative Items For Stunning Home Transformation
Author: Bellagio

14. Top Advantages Of Cctv Pipe Inspections In The Gold Coast
Author: Aussie Hydrovac

15. Top Blockchain Development Company In Uk
Author: Smit Johsen

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: