Global Power Transformer Market Forecasts with Competitive Landscape, Investment Analysis | Ozone Market Reports

Ozone Market Reports projects that the Power Transformer market size will grow from USD 16.48 Billion in 2017 to USD 26.45 Billion by 2023, at an estimated CAGR of 8.2%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

Governments worldwide, due to the rapid increase in electricity demand, are not only focusing on raising generation capacities but also emphasizing on improving T&D infrastructure. Investments have been high in power transmission & distribution sector in developed as well as developing countries. Currently, small power transformer is the largest segment of the power transformer market, primarily due to its use in various applications. However, large power transformer is the fastest growing segment. With countries emphasizing on reducing transmission losses, the use of high voltage transmission technologies such as EHV, UHV, and HVDC has also gone up.

By Market Players:
ABB Ltd. , Siemens AG , General Electric Company , Crompton Greaves Limited , Toshiba Corporation , Hyundai Heavy Industries Co., Ltd. , Mitsubishi Electric Corporation , Hyosung Group , Bharat Heavy Electricals Limited , SPX Transformer Solutions, Inc. , , , , , , , , , ,

By Rating
Small, Medium, Large, ,

By Cooling Type
Oil-Cooled, Air-Cooled, , ,
              
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The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations.

Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.

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