Pad-mounted Transformer Market by End User, by Phase, by Rated Power, by Insulation Type & by Region - Global Forecast to 2020"
Seattle, United States -- (SBWIRE) -- 01/09/2017 -- The report "Pad-mounted Transformer Market by End User (Industrial, Commercial, and Residential), by Phase (Single and Three), by Rated Power (<1 MVA and >1 MVA), by Insulation Type (Dry-type and Liquid-Immersed) & by Region - Global Forecast to 2020", The Pad-mounted transformer market is estimated to reach USD 6 Billion by 2020. The current market size is valued at USD 4.5 Billion and is estimated to grow at a CAGR of 5.21% for the forecast period from 2015 to 2020.
Get Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=256515115
Huge investments are planned for the growth of transmission & distribution networks across the globe. Some regions are looking to upgrade their aging infrastructure, and others are going for the expansion of power grid network. This will be the major driving factor for the growth of the pad-mounted transformer market.
Real Estate market growth to drive pad-mounted transformer of capacity <1 MVA
<1 MVA rated power pad mounted transformer is expected to lead the market due to rising demand from real estate and commercial sectors. Houses and commercial establishments usually don't have high power consuming equipment like industries. Hence, the demand for <1 MVA rated power pad-mounted transformer is expected to be higher as compared to >1 MVA rated power pad mounted transformer.
Three phase pad-mounted transformer to capture major share of the pad-mounted transformer market
High applicability, large capacity, and compatibility with three phase power supply gives huge advantage to three phase pad-mounted transformer over single phase pad-mounted transformer. This is likely to drive the market for global three phase pad-mounted transformers.
Asia Pacific to dominate global pad-mounted transformer market
Industrialization in China, India, and other developing countries, upgradation of aging infrastructure in Australia, and Japan, and expansion of transmission & distribution network in India, China, Malaysia, and other Asian countries is expected to drive pad-mounted transformer in this region giving it the highest growth.
The report covers major market players such as ABB Ltd. (Switzerland), Eaton Corporation Plc. (Ireland), Schneider Electric (France), Siemens AG (Germany), and GE (U.S.) along with other prominent manufacturers of pad-mounted transformers.
Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=256515115
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.