Albany, NY -- (SBWIRE) -- 05/26/2015 -- 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.

Market analysts forecast the global electric transformer market to grow at a CAGR of 5.90% over the period 2015-2019.

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Covered in this Report

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.

New report, 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 Vendors

ABB
Alstom Grid
GE
Siemens

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Other Prominent Vendors

Acme Electric
Altrafo
CELME
Crompton and Greaves
EREMU
GE Digital Energy
Hyosung Power & Industrial Systems Performance Group
Hyundai Heavy Industries
J Schneider Elektrotechnik
Layer Electronics
LS Industrial
MACE
Mitsubishi Electric
Ormazabal
Ruhstrat
SPX Transformer
Tebian Electric Apparatus Stock
Toshiba
XD Group
YangZhou Power Electric

Market Driver

Replacement of Aging Transformers
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Market Challenge

Effective Product Differentiation
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Market Trend

Increase in Power Generation and Distribution Capacity
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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?

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