Press release
Distribution Transformer Market is expected to grow at CAGR of 6% by 2022
Distribution Transformer Market
Transformers that are used for electric power distribution purpose are referred to as distribution transformer. Distribution Transformers provide the necessary power for systems and buildings on the last transformation step from the power station to the consumer. Due to the increasing need of electricity, power transmission networks are increasing rapidly, which would ultimately boost the distribution transformer market. Additionally, rising demand for renewable energy is also fueling the demand of distribution transformers. On the other hand, lack of suitable testing facilities for transformers may hamper the growth of Distribution Transformer Market. Distribution transformer market is expected to grow at CAGR of 6% by 2022.
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Key Players:
The key players of Global Distribution Transformer Market include ABB Ltd. (Switzerland), Siemens AG (Germany), Crompton Greaves Limited (India), General Electric (U.S.), Eaton Corporation Plc. (Ireland), Bharat Heavy Electricals Ltd (India), Diamond Power Infrastructure Ltd (India), Bemag Transformer Inc. (Canada), and Bowers Electricals Ltd (U.K.).
Study Objectives of Global Distribution Transformer Market:
• To provide detailed analysis of the market structure along with forecast for the next 5 years of various segments and sub-segments of the global distribution transformer market.
• To provide insights about factors affecting the market growth.
• To analyze the global distribution transformer market based on various tools such as Price Analysis, Supply Chain Analysis, Porter’s Five Forces Analysis.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies, North America, Europe, APAC, and Rest of the World (ROW) and their countries.
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment by type, by phase, by insulation, by power rage and by region.
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the distribution transformer market.
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Regional Analysis of Global Distribution Transformer Market:
Asia-Pacific dominates the Global Distribution Transformer Market followed by North America. Rapid expansions in the industrialization as well as growing renewable sector in this region, increase the demand for distribution transformers. This region is expected to grow at a rapid pace during the forecast period. North America is expected to grow at a significant pace mainly due to upgrading the existing distribution transformer.
Key Points from Table of Contents:
9. Competitive Analysis'
9.1 Introduction
9.2 Competitive Scenario
9.2.1 Market Share Analysis
9.2.2 Market Development Analysis
9.2.3 Product/Service Benchmarking
9.3 ABB Ltd
9.3.1 Overview
9.3.2 Product/Service Offering
9.3.3 Strategy
9.4 Siemens AG
9.4.1 Overview
9.4.2 Product/Service Offering
9.4.3 Strategy
9.5 Crompton Greaves Limited
9.5.1 Overview
9.5.2 Product/Service Offering
9.5.3 Strategy
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