Global Industry Insight Power Transformers Market to 2020 Size, Industry Trends, Growth Prospects Till,: Acute Market Reports

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Global Industry Insight Power Transformers Market Size,
Share, Development, Growth and Demand Forecast to 2020
The two major types of transformers used in power grid networks, are power transformers and
distribution transformers. Power transformers are widely used in transmission or subtransmission
networks. There are two types of power transformers, namely step-down and
step-up.
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The surging demand of electricity, along with ongoing development in the power generation
and distribution infrastructure, in the developing countries is expected to drive the global
power transformer market, during the forecast period.
Moreover, the replacement market for power transformers is expected to create significant
demand, in the developed countries during the forecast period.
The increasing awareness concerning the benefits of low carbon emissions and energy
conservation capabilities of smart grid, and super grid has also benefited the power
transformer market, in the past few years.
The volatile prices of raw materials used in power transformers, such as crude oil and cold
rolled grain oriented steel (CRGO), is expected to hinder the growth of the power transformer
market, during the forecast period. Based on the product, the global power transformer market
can be broadly classified, as 100MVA to 500 MVA, 501MVA to 800MVA, 801MVA to 1200MVA
Power transformers of rating 100 MVA - 500 MVA accounted for the largest market segment in
2014, which had been evaluated for over 60% share in market. The power transformer of rating
100MVA - 500MVA is expected to retain its market dominance, during the forecast period.
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Asia Pacific accounted for the largest and fastest growing power transformer market, in 2014.
The market leadership of Asia Pacific is attributed to the presence of large power distribution
networks, in the developing countries, such as China and India.
Moreover, the growing government funding for the expansion of electricity distribution
infrastructure in rural and remote areas, in these countries is expected to lay new market
opportunities for the growth of the power transformers market, during the forecast period. A
significant growth is also expected from the Middle East and South American region. North
America is also experiencing a considerable demand of power transformers post economic
slowdown, attributed to the development of new power projects in the U.S.
Report Coverage
Provides comprehensive understanding of the market with the help of informed market
outlook, opportunities, challenges, trends, size and growth, competitive analysis, major
competitors and Porter analysis
Identifies the key drivers of growth and challenges of the key industry players. Also,
assesses the future impact of the propellants and restraints on the market
Uncovers potential demands in the market
Porter analysis identifies competitive forces within the market
Provides information on the historical and current market size and the future potential
of the market
Provides sizes of key regional markets using yardsticks of processes, segments, products,
end user and technology, etc (as applicable)
Highlights the competitive scenario of the market, major competitors, market share,
benchmarking, investments and merger acquisitions
Provides profiles of major competitors of the market including details of their
operations, product and services, recent developments and key financial metrics.
Profiles provide better understanding of competition as well as the demands of the
market
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