Transformers that are used for electric power distribution purpose are referred to as distribution transformers. Distribution transformers provide the necessary power for systems and buildings in the last transformation step from the power station to the consumer. The rising production of renewable energy to reduce the dependence on fossil fuels is fueling the demand of high voltage distribution transformers to move large amounts of renewable power over long distances. Additionally, rapid urbanization and smart city initiatives are also driving the demand of distribution transformer market. However, the lack of suitable testing facilities for transformers may hamper the growth of distribution transformer market.
The Global Distribution Transformer Market is expected to grow at CAGR of 6% by 2022.
The key players of global distribution transformer market include
- ABB Ltd. (Switzerland),
- Siemens AG (Germany),
- Crompton Greaves Limited (India),
- General Electric (U.S.),
- Eaton Corporation Plc. (Ireland),
- Bharat Heavy Electricals Ltd (India),
- Diamond Power Infrastructure Ltd (India),
- Bemag Transformer Inc. (Canada),
- Bowers Electricals Ltd (U.K.)
Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/2581
Asia-Pacific is the largest growing market
On the basis of regions, global distribution transformer market is segmented as North America, Europe, Asia-Pacific and RoW. Asia-Pacific region dominates the distribution transformer market. Rapid expansions in the industrialization, construction & infrastructure activities as well as growing renewable sector in this region increase the demand of distribution transformer market in Asia-Pacific region. This region is expected to grow at the fastest pace during the forecast period and retain its majority by 2022.
North America and Europe is also expected to contribute significantly to the global distribution transformer market. Upgradation of existing transmission and distribution network are driving the demand of distribution transformer in these regions
Scope of the Report
This study provides an overview of the global distribution transformer market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global distribution transformer market as type, insulation, phase and power range.
- Pole Mounted
- Pad Mounted
- Single Phase
- Three Phase
- Oil- immersed
By Power Range
- Above 10000kVA
For further information on this report, visit @ https://www.marketresearchfuture.com/reports/distribution-transformer-market-2581
The report has been segmented based on types, phases, insulations, power range, and regions. On the basis of types, global distribution transformer market is segmented as pole mounted, pad mounted, and underground. Out of them, pad mounted accounted for the largest share in the distribution transformer market mainly due to the wide application in residential areas and wind farm system. Pad-mounted transformer is a ground mounted electric power distribution transformer in a locked steel cabinet mounted on a concrete pad. Pad-mounted transformer is expected to grow at a significant pace during the forecast period. Pole mounted transformers are mounted on an electrical service pole. These transformers, being inaccessible, reduce the risk of injury to animals and people, and minimize vandalism. Pole mounted transformers are normally used in extensive rural area.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Company Name: Market Research Future
Contact Person: Akash Anand
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune –