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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About QY Research
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.