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.
Additionally, rising demand for electric and
automated vehicles, transformative developments in the battery storage, and a
rapid shift from conventional to renewable energy sources are the factors
contributing to the substantial growth of the global distribution transformer
market. Furthermore, burgeoning demand for energy across the globe owing to
rapid urbanization and industrialization is also projected to upsurge the
growth in the distribution transformer market.
Get Free Sample @
https://www.marketresearchfuture.com/sample_request/2581
Key Players
The report published by Market Research Future
has profiled many prominent players in the global distribution transformers
market. Such key players include 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).
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.
Oil immersed transformers are expected to witness significant growth during the
forecast period due to its capability of removing heat and ensuring the
dielectric strength of the 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. The
pad mounted segment is anticipated to witness substantial growth during the
forecast period due to its widespread use in the electric power distribution.
By the end user, the distribution transformer market is segmented into industrial,
commercial & residential, and utilities.
Browse Full Report at: https://www.marketresearchfuture.com/reports/distribution-transformer-market-2581
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.
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.
Read
More:
https://issuu.com/marketresearchfuture18/docs/critical_power_and_cooling_market_a_c7b111bb77b988
https://view.joomag.com/critical-power-and-cooling-market-analysis/0398737001603965151
https://issuu.com/marketresearchfuture18/docs/temporary_power_market_analysis
https://view.joomag.com/temporary-power-market-analysis/0712692001603965271
No comments:
Post a Comment