Gas-insulated transformers for applications where a non-flammable, non-polluting transformer is desired, such as in densely populated areas, inside buildings, and in areas near lakes and rivers where potential oil leakage from a conventional transformer would be harmful to the environment.
Pune, India -- (SBWIRE) -- 06/18/2018 -- Global Gas Insulated Transformer Market Research Report 2023," provides an in-depth analysis, focusing on the prime opportunities and trends in the market. It further provides a complete overview of the market across the globe, including the classification, definitions, and applications. In addition, the development plans and policies concerning the market have been discussed in the research study, along with the cost structures and production processes. market is set to witness growth due to factors such as no risk of oil leakage and space constraints in densely populated urban areas. Also, government initiatives toward improving electrification rate and rising transmission & distribution investments are further expected to drive the gas insulated transformer market.
The gas insulated transformer market is expected to grow from USD +2 Billion in 2018 to USD +3 Billion by 2023, at a CAGR of +4 % between 2018 and 2023
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As per the findings, the report has detected that the market is marked by several segments. Power utilities are major suppliers of electricity to factories, commercial establishments, and homes. The projected growth of the market for this segment market during the forecast period is attributed to the growing demand for reliable power supply and rise in urbanization that has led to increasing investments in the power infrastructure. This is expected to lead to the development of transmission and distribution infrastructure, which, in turn, will increase the demand for gas insulated substations and installation of gas insulated transformers.
Top Companies Profiled in this Report includes: ABB (Switzerland), GE (US), Mitsubishi Electric (Japan), Siemens (Germany), Toshiba (Japan), and Arteche (Spain), among others.
An overview of the types, the process, and value chain has been included in the report for the benefit of the readers. Companies in the industry engaged in the aspects are mentioned in this study report. This industry is one of the highly competitive markets in the world. The industry is highly capital concentrated and thus, requires strong government support and political stability. How these factors are driving the market is precisely explained in this study.
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The report also implements primary and secondary research techniques for gathering the most crucial pieces of professional information and applies a number of industry-best techniques upon the data for projecting the future state of the Global Gas Insulated Transformer Market. On the basis of the current market growth, the report includes an investigation of how activities such as mergers and shapes the market's future. The report additionally concentrates the market insights of the organizations and suggestions that will help the readers to have progressive learning of the Gas Insulated Transformer market.
Table of Content:
Chapter 1 Gas Insulated Transformer Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis