Global Power Transformer Market Size is estimated to expand rapidly in coming years, at a CAGR of 6.4 % from 2018 to 2025. In 2017, the global market valuation was USD 11.3 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. A growing electricity requirement is anticipated to be the main pushing power for the economy in developing and developing nations with increased infrastructure expenditure. Smart meters, which is anticipated to have a positive effect on growth in the next five years, have led to increased supply and support for the smart grid development projects. In addition, a range of public projects is planned to favorably affect supply to install technologically sophisticated electricity transformers and modernize the current electricity grids to increase energy efficiency and minimize loss.

Traditional transformers are not consistent with present economic and technical demands which, as a result of economic safeguards and sophisticated characteristics, should be substituted with environmentally-friendly goods. Developed economies are extending the electricity trade across frontiers to include wind energy and other energy sources, thus improving cargo flows in outdated grids. These variables also contribute to frequent shortcuts, which will provide profitable possibilities for the development of the sector in energy transformers. Geographically, the Asia Pacific region is expected to be the highest growing region in the global market of power transformers.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global power transformer market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global power transformer market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Product Insights: On the basis of product, global power transformer market has been segmented into 100 MVA to 500 MVA, 501 MVA to 800 MVA, and 800 MVA to 1200 MVA. Due to its diverse use in storage and transmission networks for step-down and step-up applications, 100 MVA to 500 MVA goods is expected to dominate the sector over the forecast period. 801 versions for MVAs to 1200 MVA are found for UHVDC and HVDC energy generation, and the increased energy requirements from the developing regions, including the Asia-Pacific and the Middle East, are expected to be showing important development.

Regional Analysis

The power transformer market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. A major proportion of the worldwide economy is expected for the Asia Pacific energy transformer industry. In addition, the fast economic growth and enhanced demand for continuing and safe power supplies due to the increasing population in the region is expected to show major increases over the next years.

Due to growing modernization and industrialization of the region, North America is expected to develop as an emerging market. Several European Nations measures to deploy green transformers are expected to increase sector development favorably. Due to the elevated energy demand in developing regions like Europe, the worldwide industry for energy transformers is anticipated to retain full shares.

Global Power Transformer Market Size, Share Analysis by Region 2017

Global Power Transformer Market Study Objective

1. To forecast the market size of power transformer market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of power transformer market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of power transformer market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of power transformer market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the power transformer market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

ABB Transformers Pte Ltd, Siemens, Schneider Electric, Toshiba Corp., Bharat Heavy Electricals Limited, Kirlosker, SPX Transformer, Celme, DAIHEN Corporation, Hyosung, Hyundai Electric, Mitsubishi Electric, Crompton Greaves and General Electric are some of the key players in the market of the power transformer.

Global Power Transformer Market Study Report Offer You!

The global power transformer market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.