Market Research Future has conducted extensive studies on the industrial control transformers market. Reports by Market Research Future (MRFR) states that the industrial control transformer market is likely to develop at 5.12% CAGR, globally, over the forecast period. As per the reports revealed by World Energy Outlook 2018, administrative bodies across the areas are concentrating on handling the surging requirement for electricity.
Industrial control transformer, also known as
isolation transformer provides significant voltage regulation. It is designed
in order to produce high level of secondary voltage stability during brief
periods of overload condition. These transformers are mainly designed for
industrial applications where electromagnetic devices such as relays and
solenoids are used. Hence, industrial control transformer is used to maximize
inrush capability and outage voltage regulation when electromagnetic devices
are initially energized.
Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/7025
According to the planned and current
policies launched by different governments, by 2040, the demand for energy is
anticipated to expand by more than 25%. This would propel the demand for
industrial control transformer applied in the power sector. Furthermore, in
2016, The U.S. Department of Energy (DOE) issued a new ruling for efficacy
level for transformers. Following these novel regulations, the producers
redesigned their products to maintain the efficacy levels. Thus, boosting the
market for new industrial control transformers and replenishment of existing
transformers applied in different industries.
Market Segmentation
Industrial control transformer market across
the world has been segmented based on phase, power rating, and end-user. Based
on phase, the market has been segmented into three phase and single phase. The
three phase governs the market on account of the requirement for improved
efficacy in industrial applications. The three-phase industrial transformers
are used to run several general machineries such as pumps, compressors,
crushers, and other mechanical devices in mining, power plants, chemical, and
other industries.
Get Complete
Report at: https://www.marketresearchfuture.com/reports/industrial-control-transformer-market-7025
Regional Outlook
Region wise,
Asia Pacific held the largest market share of the global industrial control
transformer market in 2017. It is also estimated that Asia-Pacific region would
also be the fastest growing market during the forecast period. emerging markets
in Asia-pacific offers many opportunities for wind power capacity additions
being made in these countries. For instance, Asia’s offshore wind power
capacity is expected to rise 20 times reaching 43 GW till 2027. All these
factors would eventually drive the market for industrial control transformer
market.
Key Players
The global industrial control
transformer market has been dominated by key players such
as Broadman Transformers (UK), MCI Transformers (US), Rockwell
Automation (US), General Electric (US), Hubbell (US), ABB
(Switzerland), Eaton (Ireland), Siemens AG (Germany), Emerson Electric Co.
(US), Schneider Electric (France), Electric Hammond Power Solutions
(Canada), SNC Manufacturing Co., Ltd (US), Dongan Electric Manufacturing Co.
(US), and Foster Transformer Company (US).
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/permanent_magnet_motor_market_size_ee9a76ded533e0
https://view.joomag.com/permanent-magnet-motor-market-size/0623213001603200192
https://issuu.com/marketresearchfuture18/docs/cng_dispenser_market_manufacturers_f5f61882256e89
No comments:
Post a Comment