Global distribution transformer market is
expected to grow at CAGR of 6% from during the
forecast period. Transformers that used
for electric power distribution purpose are referred as distribution
transformer. Distribution transformers provide the necessary power for systems
and buildings on the last transformation step from the power station to the
consumer. Rising investment in smart grid projects and commissioning of
restructuring and expansion projects driving the demand of distribution
transformer.
Prominent
Players
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), and Bowers
Electricals Ltd (U.K.).
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Industry
Segmentation
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.
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Regional
Analysis
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.
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