Global Power Transformer Market Analysis & Forecasts By Type And Geography – 2018-2023 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Global
Power Transformer Market – Forecasts from 2018 to 2023" report
has been added to ResearchAndMarkets.com's offering.

The global power transformer market was valued at US$22.789 billion in
2017 and is projected to expand at a CAGR of 8.45% over the forecast
period to reach US$37.086 billion by 2023.

This research study examines the current market trends related to the
demand, supply, and sales, in addition to the recent developments. Major
drivers, restraints, and opportunities have been covered to provide an
exhaustive picture of the market. The analysis presents in-depth
information regarding the development, trends, and industry policies and
regulations implemented in each of the geographical region. Further, the
overall regulatory framework of the market has been exhaustively covered
to offer stakeholders a better understanding of the key factors
affecting the overall market environment.

Power Transformers are electrical devices used to change the voltage of
electricity flowing in the circuit. They can either be used to increase
the voltage or decrease the voltage, also known as stepping up and
stepping down. India and China from the Asia Pacific region hold the
largest market share in the global power transformer market. Renewable
energy additions and rising innovations in existing power grid are the
key market drivers whereas the higher costs of power transformers in
comparison to conventional distribution transformers and the cost of the
transformer as subjected to raw material price fluctuations coupled with
high installation cost and logistics are the restraints of the global
power transformer market.

Companies Mentioned

• Alstom
• China XD Group
• TBEA
• Kirloskar Electric Company
• EMCO Limited
• Bharat Bijlee Limited
• Voltamp
• Global Transformers & Switchgears Fzco.
• JSHP Transformers
• Emirates Transformer & Switchgear Ltd. (ETS)
• Siemens

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Global Power Transformer Market By Cooling Type

6. Global Power Transformer Market By Geography

7. Competitive Intelligence

8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/r25stj/global_power?w=4

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Related
Topics: Electricity