Power Transformer Market Analysis and Outlook Report, 2016 to 2024

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Power Transformer Market Share, Size, Analysis,
Growth, Trends and Forecast to 2024 Hexa
Research
Global power transformer market size was
projected over 11, 295 units in 2015. It would
grow at nearly 6.1 percent CAGR during 2016 to
2024
The Global Power Transformer Market size was
projected over 11, 295 units in 2015. It would
grow at nearly 6.1 percent CAGR during 2016 to
2024. The market, with regards to size, was over
USD 18 billion in 2015. It finds usage across
mining, chemical plants, etc. Wider demand for
these transformers from the aforementioned
applications should drive the market in the
forecast period (2016 to 2024).
Demand for electricity from developing
developed nations coupled with higher
infrastructural spending is likely to be the key
market propeller. Supportive smart grid
policies have furthered the demand for
smart meters, thus promoting market sales.
Moreover, regulations for the installation of
sophisticated power transformers can raise
market demand in the near future.
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In addition, improvisations in existing power
grids for enhancement of energy efficiency and
reduction of losses may assist market demand.
Conventional transformers are unsuitable for
meeting technical ecological demands. They
could be substituted with bio-friendly products
due to their innovative safety features.
Developed regions are witnessing growth in
cross-border electricity business, incorporating
wind other renewable energies. This boosts the
load flow on aging systems, thus driving market
growth. Load amplification and huge supply
transmission losses raise the demand for
sub-stations. Owing to consistent power supply
demand and fiscal expansion in some nations,
power demand is estimated to experience a healthy
CAGR in the coming years.
Volatility in feedstock costs may hinder the pace
of the worldwide power transformer market. The
market is categorized into products and
geographies. In terms of products, 100 MVA to 500
MVA output power occupied around 68 percent
shares in 2015 and dominates. It was anticipated
to undergo profits at nearly 6.4 percent CAGR
over the next few years.
This segments adoption across transmission
supply networks for step-up and step-down
applications increases its demand. 801 MVA to 1,
200 MVA is likely to grow at more than 5 percent
CAGR from 2015 to 2022. The same can be
attributed to escalating energy demand from
Brazil, India, China, other emergent countries.
With respect to geographies, Asia Pacific stood
worth USD 7 billion in 2015. It is expected to be
lucrative till 2024. The North American power
transformer market will be propelled by
industrialization in the United States.
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Table of Content of Power Transformer Market
Chapter 1 Methodology and Scope 1.1 Research
Methodology
1.1.1 Initial data exploration
1.1.2 Statistical modeling and forecast 1.1.3
Industry insights and validation 1.2 List of Data
Sources
Chapter 2 Executive Summary
2.1 Power transformer market snapshot, 2016 - 2024
Chapter 3 Power Transformer Industry Insights 3.1
Market segmentation
3.2 Market size and growth prospects 3.3 Power
transformer value chain analysis 3.4 Power
transformer market dynamics 3.4.1 Key growth
drivers
3.4.2 Industry pitfalls challenges 3.5 Key
growth opportunities
3.6 Porters analysis
3.7 Company market share analysis, 2016 3.8
PESTEL analysis
Chapter 4 Power Transformer Product Insights 4.1
Power transformer market volume share by product,
2016 2024 4.2 100 MVA to 500 MVA
4.2.1 Market estimates and forecasts, by region,
2016 - 2024 4.3 501 MVA to 800 MVA
4.3.1 Market estimates and forecasts, by region,
2016 - 2024 4.4 801 MVA to 1200 MVA
4.4.1 Market estimates and forecasts, by region,
2016 - 2024
Chapter 5 Power Transformer Regional Insights 5.1
Power transformer market volume share by region,
2016 2024 5.2 North America
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5.2.1 North America market by product, 2016 -
2024 5.3 Europe
5.3.1 Europe market by product, 2016 - 2024 5.4
Asia Pacific
5.4.1 Asia Pacific market by product, 2016 -
2024 5.5 Latin America
5.5.1 Latin America market by product, 2016 -
2024 5.6 MEA
5.6.1 MEA market by product, 2016 - 2024
Chapter 6 Competitive Insights 6.1 ABB Ltd.
6.2 Alstom SA
6.3 Bharat Heavy Electricals Ltd. (BHEL) 6.4
Crompton Greaves (CG) 6.5 General Electric (GE)
6.6 Hyosung Power and Industrial Systems
Performance Group 6.7 Hyundai Heavy Industries
Co. Ltd. 6.8 Mitsubishi Electric Corporation 6.9
Siemens Energy
6.10 Toshiba Corporation
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About Us
Hexa Research is a market research and consulting
organization, offering industry reports, custom
research and consulting services to a host of key
industries across the globe. We offer
comprehensive business intelligence in the form
of industry reports which help our clients obtain
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