Advance Market Analytics released a comprehensive study of 200+ pages on ‘Power Transformer’ market with detailed insights on growth factors and strategies. The study segments key regions that includes North America, Europe, Asia-Pacific with country level break-up and provide volume* and value related cross segmented information by each country. Some of the important players from a wide list of coverage used under bottom-up approach are ASEA Brown Boveri Group (Switzerland),Crompton Greaves Ltd. (India),General Electric Company (United States),Siemens AG (Germany), Schneider Electric SA (France),Hyundai Heavy Industries Co. Ltd.(South Korea), Mitsubishi Electric Corporation (Japan),Tebian Electric Apparatus (China),Bharat Heavy Electricals Limited (India),Toshiba Corporation (Japan)
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Power Transformers is defined as the electrical devices which are used to change the voltage of electricity flowing in the circuit. It is widely used to increase or decrease the voltage and it also is known as stepping up and stepping down. It works mostly during peak loads with maximum efficiency at or near full load. Various advantageous of using power transformer protection such as oil level gauges, over current, temperature indicator, lightning arrestors, and others. Widening of transmission networks, high electricity demand, and replacement of old units and increase in the number of solar and wind energy power plants, upsurge in the utilization of renewable as well as non-renewable energy resources and others are some of the major drivers which are propelling the growth of the market. It is expected to expand at a CAGR of 7.6% from 2018 to 2026.
Data Sources & Methodology
The primary sources involves the industry experts from the Power Transformer Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
by Application (Oil And Gas, Mining, Off-Grid Generation, Others), Rating (Small Power Transformer (Up to 60MVA), Medium Power Transformer (61 – 600MVA), Large Power Transformer (Above 600MVA)), Cooling Method (Oil-Cooled, Air-Cooled)
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What’s Trending in Market: Technology Advancement of the Power Transformer
Growth Drivers: Modernization of Existing Power Grids
High Demand and Initiatives for Smart Grid Development
Growth of the Renewable Energy Sector
Emerging Demand in High-Growth Markets
Restraints: Reluctance to Replace Aging Infrastructure
Power Transformers are Expensive as Compared to Conventional Distribution Transformers
Standardization of Products
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Country level Break-up includes:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)
Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)
Strategic Points Covered in Table of Content of Global Power Transformer Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Power Transformer market
Chapter 2: Exclusive Summary – the basic information of the Power Transformer Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Power Transformer
Chapter 4: Presenting the Power Transformer Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Power Transformer market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source.
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Power Transformer market?
- What are the key concerns of the five forces analysis of the Global Power Transformer market?
- What are different prospects and threats faced by the dealers in the Global Power Transformer market?
- What are the strengths and weaknesses of the key vendors?
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