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Friday, 15 January 2016 10:48

Pad-Mounted Transformer Market to be worth $6B by 2020

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India, Pune: The new report published by MarketsandMarkets titled "Pad-Mounted Transformer Market by End User, by Phase, by Rated Power, by Insulation Type & by Region - Global Forecast to 2020" is now available.

According to the report, the Pad-Mounted Transformer Market is estimated to reach $6 billion by 2020, reports PR Newswire.

The current market size is valued at &4.5 billion and is estimated to grow at a CAGR of 5.21% for the forecast period from 2015 to 2020.

The report projects that three-phase pad-mounted transformer will capture the major share of the Pad-Mounted Transformer Market, and Asia Pacific will dominate the global Pad-Mounted Transformer Market.

The report covers major market players such as ABB Ltd., Eaton Corporation Plc., Schneider Electric, Siemens, and GE along with other prominent manufacturers of pad-mounted transformers.

Source: PR Newswire

Additional Info

  • Continent: Asia
  • Category: Business