The addition to ‘Global Power Transformers Market Report 2013 – 2019’ report has been announced by Research and Markets (http://www.researchandmarkets.com/research/n6gnsb/power).
According to the Report, the demand for power transformers is expected to grow steadily due to ever increasing electrification ratio and highly developed economies.
As government regulations are in favour of production of green energy and power, this is also going to encourage the growth of the power transformers market between 2013 and 2019. Some leading companies in the power transformer industry, such as Alstom, have already developed and introduced green, environmentally friendly transformers, and Crompton Greaves have introduced extremely low noise power transformers.
The Report states that Asia Pacific occupied the largest market share in 2012, due to rising energy demands coupled with technological advancements. Similarly, the Middle East is expected to continue expanding their power infrastructures and attracting intense competition from major market players.
Between 2013 and 2019, the 100 MVA - 500 MVA power transformers are expected to exhibit the fastest growth with an estimated CAGR of 8.0% in terms of revenue due to the fact that lower rating transformers are the most widely used by utilities around the globe.
Key Topics Covered:
Global Power Transformers Market: Regional Analysis
Global Power Transformers Market: Power Rating Analysis
- ABB Ltd
- Alstom SA
- Bharat Heavy Electricals Limited
- Crompton Greaves Ltd
- GE Co
- Hyosung Power & Industrial Systems Performance Group
- Hyundai Heavy Industries Co Ltd
- Mitsubishi Electric Corporation
- Siemens Energy
- Toshiba Corp