Energy & Green Renewable Technology Market News

Discover the Global transformers market forecast to 2022

The key drivers of the market include increasing electricity demand in emerging and developed countries, need for up-gradation of transmission networks and high demand for smart grids.


imageGlobal Transformers market is accounted for $13.7 billion in 2015 and is expected to reach $24.4 billion by 2022 growing at a CAGR of 8.6% from 2015 to 2022.. 

However, fluctuating prices of raw materials (steel and copper and crude oil) and high installation, logistics & supporting infrastructure cost of transformer will hinder market growth. Increasing awareness regarding low carbon emission is anticipated to offer prominent growth opportunities for the market.

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Asia-Pacific region is growing significantly as China is an attractive destination for power transformer companies with extensive power plant capacity additions, economic growth. European nations are deploying green transformer concept to promote industry growth.

Some of the key players in global Transformers market are ABB Ltd, API Delevan Inc, Bharat Heavy Electricals Ltd, Brush Group, Crompton Greaves Ltd, Datronix Holdings Ltd., Efacec Capital, ERMCO, Excel Electronics Industries, Federal Transformers Co. Llc, First Philippine Electric Corp., General Electric, Hammond Power Solutions, Hitachi LTD, Howard Industries, Hyundai Heavy Industries Co.

Ltd, Ist Power, Kirloskar Electric Ltd., Spx Transformer Solutions, Inc and Mitsubishi Electric Corporation.

Products Covered:
100 MVA to 500 MVA
501-800 MVA
801-1200 MVA

End Users Covered:
Commercial Sector
Power Utilities
Oil and Gas
Mass Transit

Applications Covered:
Power Transformers
Auto Transformers
Furnace Transformers
Welding Transformers
Distribution Transformers
Traction Transformers

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Coolants Covered:
Oil-Filled Self-Cooled Transformers
Oil-filled Water-cooled Transformers
Air-blast Transformers

Types Covered:
Core-Type Transformers
Shell-Type Transformers

Regions Covered:
North America
Rest of Europe 
Asia Pacific
New Zealand
Rest of Asia Pacific 
Rest of the World
Middle EastBrazil
South Africa

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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Orbis Research - Rendering Conscientious ResearchOrbis Research
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