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Global Electric Transformer Market to Grow at a CAGR of 5.90% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Electric Transformer Market 2015- 2019” research report to their website http://www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 05/22/2015 -- Report forecast the global electric transformer market to grow at a CAGR of 5.90% over the period 2015-2019.

Electric transformers are special devices used to step-up and step-down voltage in transmission and distribution applications. Transformers can be divided into two types: power transformers and distribution transformers. Power transformers are used in the high voltage transmission network as voltage step up devices. They operate at full load. Distribution transformers are used to distribute electric power at low voltages. They operate at lesser loads during a major part of the day. One of the major technical differences between power and distribution transformers is that power transformers' primary winding is always connected in star and the secondary winding in delta, while distribution transformers' primary winding is connected in delta and the secondary winding in star.

According to the report, developed countries in are replacing old transformers to ensure continuous and efficient supply of electricity. This trend is predicted to increase during the forecast period.

This report covers the present scenario and the growth prospects of the global electric transformer market during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of electric transformers.

The Global Electric Transformer Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key players in the global electrical transformer market: ABB, Alstom, GE and Siemens

Other Prominent Vendors in the market are: Acme Electric, Altrafo, CELME, Crompton and Greaves, EREMU, GE, Hyosung Power, Hyundai, Schneider, Layer Electronics, LS Industrial, MACE, Mitsubishi Electric, Ormazabal, Ruhstrat, SPX Transformer, Tebian Electric Apparatus Stock, Toshiba, XD Group and YangZhou Power Electric.

Market Driver
- Replacement of Aging Transformers
- For a full, detailed list, view our report

Market Challenge
- Effective Product Differentiation
- For a full, detailed list, view our report

Market Trend
- Increase in Power Generation and Distribution Capacity
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 94 pages, "Global Electric Transformer Market 2015- 2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Power Transformers, Global Power Transformer Market by Product, Global Power Transformer Market by End-user, Global Power Transformer Market by Region, Key Leading Countries for Global Power Transformer Market, Distribution Transformers, Global Distribution Transformer Market by End-user, Global Distribution Transformer Market by Region, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-electric-transformer-market-2015-2019

Find all Electricity Transmission and Smart Grids Reports at: http://www.marketresearchreports.com/electricity-transmission-smart-grids

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