City of Industry, CA -- (SBWire) -- 07/28/2018 --This report studies the Power Transformers market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Power transformers are defined as static devices comprising two or more windings; they use electromagnetic induction to transform an alternating current or voltage system into a different system of current or voltage, which has been stepped up or stepped down for the transmission of electric power. Power generating utilities find it highly cost-effective to generate electric power at low voltage levels.
Asia-Pacific was the largest market for power transformers in 2017, and is expected to dominate the market till 2023. Europe is the second largest market, partly due to the replacement of aging infrastructure activities going on in the region. Meanwhile, Asia-Pacific is also the fastest growing market for power transformers, as the region is witnessing some of the largest T&D expansions being carried out due to rapidly increasing demand in countries such as India and China.
The global Power Transformers market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Power Transformers in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ABB
CG
GE
Schneider Electric
Siemens
Bharat Heavy Electricals
Celme
Toshiba
Eaton
Fuji Electric
Hammond Power Solutions
Hyosung
Hyundai Heavy Industries
Mitsubishi Electric
Jinpan International
Kirloskar Electric
KOTSONS
Layer Electronics
LS Industrial Systems
YangZhou Power Electric
MGM Transformer Company
SPX Transformer Solutions
Xi'an XD Transformer
By the product type, the market is primarily split into
Liquid-immersed power transformer
Dry-type power transformers
By the end users/application, this report covers the following segments
Industrial
Commercial
Residential
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.
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