Global Transformers Market: 2017-2018 Review, Outlook to 2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 29, 2018--The “Transformers - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Transformers Market is growing at a CAGR of 7.1% during the forecast period.
Factors favouring the market growth are increasing the expansion of commercial and industrial establishments, and increasing usage of electrical appliances. In addition, the development of new power infrastructure and overhaul of existing ones is likely to drive the demand for transformers in the near future.
However, with the high initial cost incurred in the installation of smart transformers are considered as the restraints for the market growth.
Based on product, the power transformer segment is projected to be the fastest growing segment due to favourable inclination towards the expansion of HVAC networks to cater the energy demand across industries coupled with ongoing deployment of utility based HVDC infrastructure.
Depending on the application, the utility segment is expected to dominate the market share with the extensively regulated electricity markets across the globe, ongoing expansion of grid networks to suffice the growing energy demand coupled with rising investments toward the integration of renewable technologies.
By geography, the North America is considered as the largest market share due to increasing refurbishment demand of existing grid infrastructure. Deployment of reliable grid support mechanism along with ongoing technological advancements will and rising investment towards infrastructural development including expansion of railway networks across the nation.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Transformers Market, By Product
6 Global Transformers Market, By Core
7 Global Transformers Market, By Winding
8 Global Transformers Market, By Rating
9 Global Transformers Market, By Type
10 Global Transformers Market, By Insulation
11 Global Transformers Market, By Mounting
12 Global Transformers Market, By Phase
13 Global Transformers Market, By Cooling
14 Global Transformers Market, By Installation
15 Global Transformers Market, By Application
16 Global Transformers Market, By Geography
17 Key Developments
18 Company ProfilingHitachi Toshiba ABB Group Hyundai BHEL General Electric Wilson Transformer Company Meidensha SPX Transformer Solutions Von Roll Emirates Transformer & Switchgear Limited Hyosung Corporation TBEA Shanghai Zhixin Electric Co. Ltd. Virginia Transformer Corporation Xian Electric Engineering Co. Ltd. Mitsubishi Motors Siemens Victron Energy Eaton Corporation
For more information about this report visit https://www.researchandmarkets.com/research/hk4nk9/global?w=4
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SOURCE: Research and Markets
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PUB: 08/29/2018 06:24 AM/DISC: 08/29/2018 06:24 AM