Distribution Transformer Market size is set to exceed USD 19.0 billion by 2023, expected to progress at ~8.70% CAGR during the forecast period
Dec 11, 2018
Global Distribution Transformer Market Research report: Information by Type (pole mounted, pad mounted, underground), Insulation (oil-immersed, dry), Power Rating (10000kVA), End-Use– Forecast till 2023
Pune, India - December 11, 2018 /MarketersMedia/ —
Distribution Transformer Market - Competitive Analysis
Distribution Transformer market appears to be competitive with the presence of several large and small players operating in the Distribution Transformer Market. These Key players compete based upon pricing, quality, Technology and reputation. Distribution Transformer market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Moreover, manufacturers mainly ensure to deliver the best quality products based on innovative technologies, and best practices.
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Industry/ Innovation/ Related News:
14 March 2017: ABB launches world’s first digital distribution transformer. Integrated sensing and monitoring technology in ABB’s new TXpert™ transformer will provide intelligence to maximize reliability, optimize operating and maintenance costs and manage the asset more efficiently.
In 2016, Siemens, one of the most innovative suppliers of distribution transformers, signed a contract to supply the Iraqi market with 1,250 distribution transformers. The total order is about €9 million.
9 July, 2015: GE Introduced Next-Generation Transformer which provides customers safer, more environmentally friendly transformer for urban applications.
Distribution Transformer Market - Segments:
Global Distribution Transformer Market is segmented in to 5 Key dynamics for an easy grasp and enhanced understanding.
Segmentation by Type: Pole Mounted, Pad Mounted, and Underground
Segmentation by Phase: Single & Three
Segmentation by Insulation: Oil- immersed and Dry
Segmentation by Power Range: 0-315kVA, 316-2499Kva, 2500-10000kVA and above 10000kVA
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Market Highlights
Transformers that are used for electric power distribution purpose are referred to as distribution transformers. Distribution transformers provide the necessary power for systems and buildings in the last transformation step from the power station to the consumer. The rising production of renewable energy to reduce the dependence on fossil fuels is fueling the demand of high voltage distribution transformers to move large amounts of renewable power over long distances.
Additionally, rapid urbanization and smart city initiatives are also driving the demand of distribution transformer market. However, the lack of suitable testing facilities for transformers may hamper the growth of distribution transformer market.
The global distribution transformer market is expected to grow at CAGR of 6% by 2022.
Market Research Analysis
On the basis of insulation, global distribution transformer market is segmented into oil- immersed, and dry. Out of them, oil-immersed accounted for the largest share in insulation segment mainly due to advantages such as energy efficiency, lower sound level, and longer operating life. Due to these factors oil- immersed type transformer is widely being used in utility, industrial, and commercial applications. Also, the growing focus on safety and environment protection is driving the demand of dry type transformers.
Asia-Pacific is the largest market for the global distribution transformer market mainly due to rapid expansions in the industrialization, construction & infrastructure activities. It is expected to grow at the fastest pace during the forecast period.
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Scope of the Report
This study provides an overview of the global distribution transformer market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global distribution transformer market as type, insulation, phase and power range.
By Type
Pole Mounted
Pad Mounted
Underground
By Phase
Single Phase
Three Phase
By Insulation
Oil- immersed
Dry
By Power Range
0-315kVA
316-2499kVA
2500-10000kVA
Above 10000kVA
Key Players
The key players of global distribution transformer market include ABB Ltd. (Switzerland), Siemens AG (Germany), Crompton Greaves Limited (India), General Electric (U.S.), Eaton Corporation Plc. (Ireland), Bharat Heavy Electricals Ltd (India), Diamond Power Infrastructure Ltd (India), Bemag Transformer Inc. (Canada), and Bowers Electricals Ltd (U.K.).
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5 Global Distribution Transformer Market, By Type
5.1 Introduction
5.2 Pole Mounted
5.2.1 Market Estimates & Forecast, 2018-2023
5.2.2 Market Estimates & Forecast by Region, 2018-2023
5.3 Pad Mounted
5.3.1 Market Estimates & Forecast, 2018-2023
5.3.2 Market Estimates & Forecast by Region, 2018-2023
5.4 Underground
5.4.1 Market Estimates & Forecast, 2018-2023
5.4.2 Market Estimates & Forecast by Region, 2018-2023
6 Global Distribution Transformer Market, By Insulation
6.1 Introduction
6.2 Oil- Immersed
6.2.1 Market Estimates & Forecast, 2018-2023
6.2.2 Market Estimates & Forecast by Region, 2018-2023
6.3 Dry
6.3.1 Market Estimates & Forecast, 2018-2023
6.3.2 Market Estimates & Forecast by Region, 2018-2023
7 Global Distribution Transformer Market, By Power Rating
7.1 Introduction
7.2 Less Than 500 KVA
7.2.1 Market Estimates & Forecast, 2018-2023
7.2.2 Market Estimates & Forecast by Region, 2017-2023
7.3 500 KVA-2500 KVA
7.3.1 Market Estimates & Forecast, 2018-2023
7.3.2 Market Estimates & Forecast by Region, 2018-2023
7.4 2500 KVA- 10000 KVA
7.4.1 Market Estimates & Forecast, 2018-2023
7.4.2 Market Estimates & Forecast by Region, 2017-2023
7.5 Greater Than 10000 KVA
7.5.1 Market Estimates & Forecast, 2018-2023
7.5.2 Market Estimates & Forecast by Region, 2018-2023
8 Global Distribution Transformer Market, By End User
8.1 Introduction
8.2 Industrial
8.2.1 Market Estimates & Forecast, 2018-2023
8.2.2 Market Estimates & Forecast by Region, 2017-2023
8.3 Utilities
8.3.1 Market Estimates & Forecast, 2018-2023
8.3.2 Market Estimates & Forecast by Region, 2018-2023
8.4 Commercial & Residential
8.4.1 Market Estimates & Forecast, 2018-2023
8.4.2 Market Estimates & Forecast by Region, 2017-2023
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