Distribution
Transformer Market Overview
A device that offers the final voltage transformation
in the electric power distribution system is called a distribution transformer.
It is used to curb the voltage utilized in the distribution line to the stage
used by the consumer. Distribution transformers don’t function with the
complete load as they are designed to offer the highest efficiency at lower
pressures. The voltage parameter in these transformers is set at the lowest,
and so they have low outflow reactance.
With the latent demand for efficient and economically
feasible electricity infrastructure, the need for distribution transformers is
also proliferated as one distribution transformer can feed multiple homes in
urban regions. Due to the lack of proper support, rural areas pose a need for one
distribution transformer per consumer, further propelling the demand for
distribution transformers in the industry.
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Segmental
Analysis
The global distribution transformer market
is segmented on the basis of type, insulation, power rating, and end use.
The market has been segmented into oil
immersed and dry on the basis of insulation.
Based on power rating the market is
segmented into 0-315kVA, 316-2499Kva, 2500-10000kVA and above 10000kVA.
Based on the type, the distribution
transformer is segmented into pole mounted, pad mounted, and underground.
By the end user, the distribution
transformer market is segmented into industrial, commercial & residential,
and utilities.
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Key
Players
The major players operating in the market
of global distribution transformer are Wilson Power Solutions Ltd (U.K), Emerson
Electric (U.S.), Hitachi (Japan), Kirloskar Electric Co. Ltd. (India), Wenzhou
Rockwell Transformer Co., Ltd. (China), ABB Ltd (Switzerland), Eaton
Corporation (Dublin), and General Electric (U.S.). Mitsubishi Electric
Corporation (Japan), Ormazabal (Spain), SPX Transformer Solutions Inc. (U.S.),
EREMU, S.A. (Spain), Lemi Trafo Jsc (Bulgaria), Hammond Power Solutions Inc.
(Canada), Bowers Electricals Ltd (U.K), Bharat Heavy Electricals Ltd (India),
and Crompton Greaves Ltd. (India) are among others who are exceedingly
proficient to offer the finest solutions to the industry.
Regional Analysis
The global distribution transformer market is
segmented into North America, Asia Pacific (APAC), Europe, and Middle East
& Africa (MEA).
The Asia Pacific is estimated dominated the market
with the largest share of the distribution transformer market, followed by
Europe and North America. Within the Asia Pacific, China has witnessed a strong
push in demand for electricity in the last two decades and is prophesied to
continue doing the same. Such growth can be accredited to rapid
industrialization and increasing infrastructural developments. Extensive power
plant capacity additions, economic growth, and the rising need to improve
access to electricity are anticipated to drive growth for the distribution
transformer market in the emerging economies of the Asia Pacific.
Furthermore, developing power T&D infrastructure,
growing industrial expenditure and a growing demand for replacement or
refurbishment of the aging distribution transformers are contributing to
significant growth in the Asia Pacific. With India’s GDP surpassing that of
China in 2015, the increase for demand in India is anticipated to gain most
momentum during the forecast period.
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