Power Transformers Market, Update 2017 – Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2021

2017-08-01
Price :
Published : Aug-2017
No. of Pages : 182

Power Transformers Market, Update 2017 – Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2021

Summary

Transformers are used to stepup or stepdown the voltage levels in power transmission and distribution (T&D) networks. A power transformer is installed at all substations, from the power generation plant to the last substation in the transmission network. Power transformers generally have a capacity of 10 megavolt amps (MVA) and above. In the distribution level, transmitted power will be usually below 10MVA and deploys distribution transformers.

Power transformers require higher insulation levels; special designs to control short-circuit currents, and increased cooling requirements. Power transformers are usually liquid-filled as they can efficiently dissipate the heat generated from the transformers’ core.

Global power transformers market is estimated to reach $15billion plus in 2021, registering a compound annual growth rate (CAGR) of 1.69% between 2016 and 2021. In growing economies such as those of Asia-Pacific and the Middle East, new capacity addition in the generation and transmission sector to meet the rise in electricity demand is driving the power transformers market.

With its ambitious plans to expand its ultra-high voltage (UHV) transmission grid and regional connectivity, China topped the global power transformers market in 2016 with a market value of $2,980.7m. One of the fastest-growing economies consuming more than a quarter of global power consumption,China is undertaking extensive capacity addition in power generation and grid expansion. China represented over 20% of the global power transformers market in 2016.

In the Americas and Europe, replacement of aging grid infrastructure and large-scale integration of renewable are driving the power transformers market. It is estimated that large transmission and distribution (T&D) investment will be made across the globe during and beyond the forecast period in order to accommodate the dynamic requirements of the future grid.

India ranks third, next to the US in the global power transformersmarkets, contributing nearly 5% to the global market. The power grid of India is in the development stage, and new capacity additions are made in generation and transmission to support the economic growth of the country. Utilities are currently focusing on strengthening transmission capacity between regional grids.

The other key countries in the power transformers market include Saudi Arabia, growing with an estimated CAGR of 9.08% between 2016 and 2021. Turkey and Egypt are other key countries that offer significant value for the power transformers market. The UK, Germany, and Russia are the three key countries in the European region, with Russia emerging as the biggest market in the EMEA region in 2016. The integration of European electricity market and RES integration such as offshore wind has encouraged transmission sector investments.

The latest report “Power Transformers Market, Update 2017 – Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2021” offers comprehensive information and understanding of the global power transformers market. The report analyzes the current trend and future potential of power transformers market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Canada, Brazil, China, India, Japan, the UK, Germany, Russia, and Saudi Arabia) level.

The report analyzes the power transformers market in terms of value and volume, classified by various voltage segments for the historical (2011-2016) and forecast (2017-2021) periods. The report provides insight into the drivers and restraints affecting the power transformers market, competitive landscape, policies and initiatives, and the key upcoming projects.

Companies included within this research report comprise of Tbea Co., Ltd., ABB Ltd., TWBB, Siemens AG, Xi’an XD Transformer Co., Ltd., General Electric, Hyundai Heavy Industries Co., Ltd., Toshiba Corporation, Crompton Greaves

Scope

The report analyses power transformers market. Its scope includes –
– Analysis of the growth of power transformers market with a focus on market value in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.
– The report provides power transformers market analysis for key countries including the US, Canada, Brazil, China, India, Japan, the UK, Germany, Russia, and Saudi Arabia.
– The report offers country level power transformers market value and volume, classified by voltage, for the historical (2011-2016) and forecast (2017-2021) periods.
– Qualitative analysis of key market drivers and restraints, and analysis of their impacts on power transformers market are discussed.
– The report provides competitive landscape at country level for the year 2016. It also covers key policies and initiatives, and upcoming projects.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to –
– Facilitate decision-making by analyzing market data on power transformers
– Develop strategies based on developments in the power transformers market
– Identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the power transformers market
– Respond to your competitors’ business structure, strategies, and prospects

Filed in: Energy & Power
Publisher : GlobalData
More Reports
Title Price Buy Now

Electric Traction Motor Market by Type (AC and DC), Power Rating (Below 200 kW, 200-400 kW, and Above 400 kW), Application (Railways, Electric Vehicles, Elevators, Conveyors, and Industrial Machinery), and Region: Global Forecast to 2025

“The electric traction motor market is projected to grow at a CAGR of 20.9% from 2020 to 2025” The electric traction motor market is projected to reach USD 36.6 billion,by 2025 from an estimated market size of USD 14.2 billion in 2020,growing at a CAGR of 20.9%, from 2020 to 2025. The increase in demand for high-performance motors, favorable government policies and subsidies, and the rise in investments in the railway sector are expected to drive the electric traction motor market.Increased demand for electric vehicles is the major growth opportunity for the electric traction motor market. “The AC segment, by type,is expected to grow at the highest CAGR from 2020 to 2025” The AC segment is estimated to be the fastest growing market from 2020 to 2025.AC electric traction mo......
$4950

Smart Meters Market by Type (Electric, Gas, Water), Communication Type (RF, PLC, Cellular), Component (Hardware, Software), Technology (AMR, AMI), End-user (Residential, Commercial, Industrial), and Region – Global Forecast to 2025

The global smart meters market size is expected to reach USD 28.6 billion by 2025, at a CAGR of 6.7% from 2020 to 2025 The global smart meters market size is projected to reach USD 28.6 billion by 2025 from estimated revenue of USD 20.7 billion in 2020, at a CAGR of 6.7% during the forecast period. The growth of the market is attributed to the strong government mandates and demand for real-time consumption pricing, reduced outages, and utility system failures. “Smart electric meters segment by type is expected to dominate the global smart meters market.” The electric segment is expected to be the largest market, by type, during the forecast period. The growth is evident owing to the rising demand for highly accurate, fast, and precise, smart electric meters for dynamic pricing......
$4950

Artificial Lift Market by Type(ESP, PCP, Rod Lift, Gas Lift, and Others); Mechanism(Pump Assisted (Positive Displacement, Dynamic Displacement), Gas Assisted); Well Type(Horizontal, Vertical); Application(Onshore, Offshore); Region – Global Forecast to 2025

“The artificial lift market is projected to grow at a CAGR of 5.0% from 2020 to 2025.” The artificial lift market is projected to reach USD 10.3 billion by 2025 from an estimated USD 8.0 billion in 2020, at a CAGR of 5.0% during the forecast period. Rising production from the existing oil & gas reserves as well as depleting reserves has driven the artificial lift market growth. Furthermore, shale developments and rising drilling activities are driving the market. However, declining oil demand from Europe due to the transition towards renewables is likely to hamper the growth of the artificial lift market. “The horizontal segment, by well type, is expected to be the largest and the fastest-growing market from 2020 to 2025.” The well type segment is categorized as horizo......
$4950

Energy Harvesting System Market by Technology (Light, Vibration, RF, Thermal), Component, Application (Building & Home Automation, Consumer Electronics, Industrial, Transportation, Security), and Region – Global Forecast to 2025

“Energy harvesting system market is projected to grow at CAGR of 9.8% from 2020 to 2025” The energy harvesting system market is projected to grow from USD 485 million in 2020 to USD 775 million by 2025, at a CAGR of 9.8% from 2020 to 2025. Key factors fueling the growth of this market include the growing demand for safe, power-efficient, and durable systems that require minimum or no maintenance; extensive implementation of IoT in automation and energy harvesting technology in building and home automation;increasing trend for green energy and favorable initiatives by the governments; and rising adoption of wireless sensor networks equipped with energy harvesting system. “Market for light energy harvesting is projected to grow at highest CAGR during forecast period among all tec......
$5650

Taiwan Renewable Energy Policy Handbook 2020

Taiwan Renewable Energy Policy Handbook 2020 Summary "Taiwan Renewable Energy Policy Handbook 2020" is among the latest country specific policy report from GlobalData, the industry analysis specialist that offers comprehensive information on major policies governing renewable energy market in the country. The report provides the current and future renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country. The report is built using data and information sourced from industry associations, government websites and statutory bodies. The information is also sourced through other secondary resear......
$500

Saudi Arabia Renewable Energy Policy Handbook 2020

Saudi Arabia Renewable Energy Policy Handbook 2020 Summary "Saudi Arabia Renewable Energy Policy Handbook 2020" is among the latest country specific policy report from GlobalData, the industry analysis specialist that offers comprehensive information on major policies governing renewable energy market in the country. The report provides the current and future renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country. The report is built using data and information sourced from industry associations, government websites and statutory bodies. The information is also sourced through other seco......
$500

Slovakia Renewable Energy Policy Handbook 2020

Slovakia Renewable Energy Policy Handbook 2020 Summary "Slovakia Renewable Energy Policy Handbook 2020" is among the latest country specific policy report from GlobalData, the industry analysis specialist that offers comprehensive information on major policies governing renewable energy market in the country. The report provides the current and future renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country. The report is built using data and information sourced from industry associations, government websites and statutory bodies. The information is also sourced through other secondary re......
$500

Austria Renewable Energy Policy Handbook 2020

Austria Renewable Energy Policy Handbook 2020 Summary "Austria Renewable Energy Policy Handbook 2020" is among the latest country specific policy report from GlobalData, the industry analysis specialist that offers comprehensive information on major policies governing renewable energy market in the country. The report provides the current and future renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country. The report is built using data and information sourced from industry associations, government websites and statutory bodies. The information is also sourced through other secondary rese......
$500

Pakistan Renewable Energy Policy Handbook 2020

Pakistan Renewable Energy Policy Handbook 2020 Summary "Pakistan Renewable Energy Policy Handbook 2020" is among the latest country specific policy report from GlobalData, the industry analysis specialist that offers comprehensive information on major policies governing renewable energy market in the country. The report provides the current and future renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country. The report is built using data and information sourced from industry associations, government websites and statutory bodies. The information is also sourced through other secondary re......
$500

New Zealand Renewable Energy Policy Handbook 2020

New Zealand Renewable Energy Policy Handbook 2020 Summary "New Zealand Renewable Energy Policy Handbook 2020" is among the latest country specific policy report from GlobalData, the industry analysis specialist that offers comprehensive information on major policies governing renewable energy market in the country. The report provides the current and future renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country. The report is built using data and information sourced from industry associations, government websites and statutory bodies. The information is also sourced through other second......
$500
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy