Trusted Business Insights presents the Updated and Latest Study on Distribution Transformer Market 2019-2025. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
Abstract, Snapshot, Market Analysis & Market Definition: Distribution Transformer Market
Industry / Sector Trends
Distribution Transformer Market size for 2016 was valued over USD 18 billion and the annual installation is set to exceed 80 thousand units by 2024.
North America Distribution Transformer Market Size, By Rating, 2016 & 2024 (USD Billion)
Rising investments across the infrastructural sector subject to pervasive commercial and residential establishments will drive the distribution transformer market size. Refurbishment of aging electric networks along with the rapid adoption of smart monitoring and control distribution unit will boost the product demand. The Government of Serbia in association with the regulators across China have proposed plans subject to the modernization of the Serbian traditional grid infrastructure. Regulators in 2017 further proclaimed, flow of investments to value over USD 6.14 billion towards infrastructural development across the nation.
Accruing energy security concerns coupled with exponentially rising energy consumption across the developing economies will fuel the distribution transformer market share. Rapid expansion of the grid infrastructure in line with steep growth across the renewable energy sector lay favourable grounds for industry expansion. Favourable tendencies toward the expansion of micro-grid networks coupled with expeditious expansion of utility based renewable infrastructure will further proliferate the business landscape.
Market Segmentation, Outlook & Regional Insights: Distribution Transformer Market
Distribution Transformer Market, By Core
Low flux leakage & iron losses coupled with sustainable mechanical strength, when compared to auxiliary technologies will encourage the adoption shell core units. Rapid expansion of clean energy networks along with ongoing proliferation across the utility based electrical infrastructure underline favourable business scenario. Stringent norms pertaining to carbon emissions coupled with integration of a robust grid infrastructure will further augment the product penetration.
Distribution Transformer Market, By Winding
Auto transformer is anticipated to witness growth over 6% by 2024. Effective voltage regulation & operational flexibility will boost the product penetration. Compact structure, improved efficiency, and cost-effective units when compared to the existing technologies will further escalate the industry growth. Diversified applications coupled with growing awareness towards energy efficiency across the globe positively influence the business landscape.
Distribution Transformer Market, By Installation
Growing demand for the upgradation of existing T&D networks coupled with rising space constraints will foster the indoor distribution transformer market. Blooming real estate sector across the developing electricity markets subject to the exponential rise in private & public fund flow will further augment the business outlook. In 2017, the European Union allocated funds worth USD 36.3 billion to ascertain a robust infrastructural expansion across Russia.
Distribution Transformer Market, By Cooling
Dry type in 2016, accounted for over 30% of the global distribution transformer market share. Effective compliance across low & medium voltage applications along with improved cooling capability are some of the key features which makes its adoption preferable. The technology is projected to witness significant turnaround in the years to come subject to its effective cooling property.
Distribution Transformer Market, By Insulation
Solid insulation subject to immense competitive influence and low consumer awareness has witnessed modest penetration in the recent years. However, the technology is set to witness sheer progression on account of its effective insulating property, compact configurations and cost structure. Simultaneous integration of digitized monitoring & control technologies along with improved product flexibility will further complement the business growth.
Distribution Transformer Market, By Phase
Ongoing regulatory initiatives to ameliorate the distorting small-scale industrial sector across developing markets coupled with rapid urbanization will considerably foster the single-phase distribution transformer market growth. Establishment of a sustainable electrical infrastructure favoured by government reforms including incentivization, feed-in-tariffs, subsidies and leveraging schemes to prosper their adoption will further complement the business outlook.
Distribution Transformer Market, By Rating
2.6 to 10 MVA distribution transformer market in 2016, was valued over USD 5 billion. Significant expansion across the residential and commercial sectors coupled with ongoing rural electrification program will boost the product demand. Advancing distributed generation technologies along with expanding micro-grid networks further influence the industry growth.
Distribution Transformer Market, By Mounting
Rapid expansion of rail and road networks across developed regions coupled with rising investments across the transportation sector will appreciably impact the pole mounted distribution transformer market size. Rapid expansion of utility aided distribution networks with rising infrastructural investments across emerging electricity markets mark substantial potential for further product adoption.
Distribution Transformer Market, By Application
Residential & commercial distribution transformer market is set to witness appreciable growth in the years to come on account of rapid urbanization & growing electricity demand across the sectors. Increasing demand for refurbishment of traditional grid infrastructure along with upgradation of existing residential and commercial establishments across developed regions will further embellish the industry growth.
Distribution Transformer Market, By Region
The U.S. distribution transformer market is projected to witness an annual installation over 7,000 units by 2024. Rising demand for the upgradation and replacement of existing grid networks across the nation will boost the product demand. Adoption of effective grid support units coupled with ongoing technological advancements will further foster the business scenario. Rising infrastructural investments towards the expansion of existing rail networks will further complement the industry growth.
Increasing demand for electricity along with ongoing government program toward rural electrification will drive the Asia Pacific distribution transformer market share. Rising investments across the renewable energy sector along with increasing concerns toward the integration of a sustainable energy mix across the region will further complement the industry outlook.
Key Players, Recent Developments & Sector Viewpoints: Distribution Transformer Market
Eminent industry participants include ABB, CG, General Electric, Siemens, EATON, Siemens, Schneider Electric, Toshiba Corp., Mitsubishi Electric, Hyundai Electric, BHEL, Hyosung, Daihen, Kirloskar, Ormazabal, Ruhstrat, Celme and SPX Transformer.
Distribution Transformer Industry Viewpoint
Distribution transformer is a static device that transforms electrical energy between the primary & secondary circuits. The units operate on the mutual induction principle. These products are used to transfer of electricity between circuits across residential, industrial and commercial establishments with minimum variation in the frequency or the potential differenc
Key Insights Covered: Exhaustive Distribution Transformer Market
1. Market size (sales, revenue and growth rate) of Distribution Transformer industry.
2. Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Distribution Transformer industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Distribution Transformer industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Distribution Transformer industry.
Research Methodology: Distribution Transformer Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.
Quick Read Table of Contents of this Report @ WorldWide Distribution Transformer Market, Industry / Sector Analysis Report, Regional Outlook & Competitive Market Share & Forecast, 2019 – 2025
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