USA, Portland: Allied Market Research has added a new report titled “Global Power Transformers Market (Power Rating Analysis, Types, Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020”.
According to the report, the global electricity demand, a major driving factor for the market, is expected to grow by 40% between 2010 and 2040, reports Big Market Research.
One of the major restraints for the growth of the market, loss of power in distribution, is around 7% in advanced countries such as the U.S. and U.K., while in developing economies the power loss is in excess of 20%.
The report’s in-depth analysis provides market intelligence to segments based on power rating analysis, power transformer types and geographies to enable precise decision making.
Some of the key companies profiled in the report include ABB Ltd., Crompton Greaves Ltd., Alstom SA, BHEL, Toshiba Corp, General Electric Co., Siemens Energy, and Hyundai Heavy Industries Co. Ltd, etc.
Key markets segments by power rating analysis include 100 MVA to 500 MVA, 501 MVA to 800 MVA and 801 MVA to 1200 MVA.
Source: Big Market Research