Power Transformer Market Research Methodology and Technological advancements 2018

Global energy production has increased over the past decade, from 15,409.0 TWH in 2000 to 23,536.5 TWH in 2014. This has also led to the increasing need for expanding T&D networks globally; new T&D infrastructure needs USD 1.9 Trillion in cumulative investment by 2024 to meet the growing energy demands. This includes substations, power lines, and associated equipment and new technology. Governments worldwide are investing in T&D network expansion projects, increasing the demand for power transformers. The power transformer market is projected to reach USD 29.9 Billion by 2020, from USD 20.7 Billion in 2015, at a CAGR of 7.6% during the forecast period.
The report covers major market players such as ABB (Switzerland), Siemens (Germany), Crompton Greaves (India), and General Electric (U.S.) among others. These companies together occupy about half of the power transformer market.

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Scope of the report
On the basis of rating

·         Small Power Transformer (Up to 60MVA)

·         Medium Power Transformer (61 - 600MVA)

·         Large Power Transformer (Above 600MVA)

On the basis of type of cooling method

·         Oil-Cooled

·         Air-Cooled

On the basis of Region

·         North America

·         South America

·         Asia-Pacific

·         Middle East

·         Europe

·         Africa

Browse 67 market data tables with 38 figures across 157 pages and in-depth TOC on “Power Transformer Market - Global Trends & Forecasts to 2020" 
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Power Transformer Market Study Includes:

·         This research study involves the extensive usage of secondary sources, directories, and databases (such as Hoovers, Bloomberg, Businessweek, Factiva, and OneSource) to identify and collect information useful for this technical, market-oriented, and commercial study of the power transformer market.

·         In-depth interviews have been conducted with various primary respondents that include key industry participants, subject matter experts, C-level executives of key market players, and industry consultants among other experts.

·         The market for the power transformer report was arrived at by using regional data for the T&D expansion projects and the relative investments in the T&D sector. Finally, the global values were arrived at by adding the power transformers markets for individual regions.

·         After arriving at the overall market size, the total market has been split into several segments and subsegments. In order to complete the overall market engineering process and arrive at exact statistics for all the segments and subsegments, the data triangulation and market breakdown procedure has been employed, wherever applicable.

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Grid stability and reliability have driven new investments and overall spending in the transmission and distribution markets, with fewer major outages occurring in recent years. Despite a strong focus on grid infrastructure renewal, especially in Europe, there has also been significant expansion of the grid network. In 2011, the total installed transmission and distribution line length reached 69.5 Million kilometers; in 2016, that figure is set to reach 74.2 Million kilometers. In 2011, Capital Expenditure (CAPEX) in transmission and distribution rose to USD 190.21 Billion, and is forecast to increase to USD 231.83 Billion by 2016.
Asia-Pacific was the largest market for power transformers in 2014, and is expected to dominate the market till 2020. Europe is the second largest market, partly due to the replacement of aging infrastructure activities going on in the region. Meanwhile, Asia-Pacific is also the fastest growing market for power transformers, as the region is witnessing some of the largest T&D expansions being carried out due to rapidly increasing demand in countries such as India and China.
Available Customizations:
The available customization for the power transformer market report includes the following:

·         Detailed analysis and profiling of additional market players (Up to 5)

·         Country-wise analysis can be extended by one country for every region

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