|
|
 |
|
Viewing report
|
|
|
|
European Power and Distribution Transformer Markets
Frost & Sullivan, Aug 2010, Pages: 58
The objective of this study is to analyze the evolving dynamics, trends, and challenges of key technologies in the transmission and distribution space that could influence the shape and development of the European Smart Grid. This research specifically focuses on power & distribution transformers. The scope of the study includes Europe. The total market forecast is developed for all European countries included in the scope. Detailed analysis is conducted on the following nine countries: Germany, France, United Kingdom, Italy, Benelux, Spain, Scandinavia and Rest of Europe (Austria, Greece, the Republic of Ireland, Portugal and Switzerland) The above countries are selected based on the size of the market and upcoming opportunities.
Research Overview
This Frost & Sullivan research titled European Power & Distribution Transformer Markets provides a strategic review of market dynamics, trends and challenges of key technologies in the transmission and distribution space that could influence the shape and development of the European smart grid.
This research specifically focuses on power and distribution transformers. In this research, Frost & Sullivan's expert analysts thoroughly examine the following geographic areas: Germany, France, the United Kingdom, Italy, Benelux, Spain, Scandinavia and Rest of Europe (Austria, Greece, the Republic of Ireland, Portugal and Switzerland).
Market Overview
Smart Grids to Drive Adoption of Power and Distribution Transformers
The European market for power and distribution transformers is in its mature stage with not many technological or product innovations taking place. Nevertheless, the market is witnessing steady growth. Power and distribution transformers constitute close to 70 per cent of the total transformers sales in Europe. Transformers are a vital part of the electrical network, both in the transmission and distribution space. Increase in electrical installed capacity of developing and developed countries and growing demand for energy from commercial and industrial sectors are driving the demand for power and distribution transformers.
Increased focus on interconnection of grids is driving the need for efficient transmission technologies. With the advent of smart grids, the electricity grid is witnessing a complete overhaul in Europe. “The biggest step in total grid automation is harmonisation of the electrical grids,” notes the analyst of this research. “Interconnection of grids would present exciting opportunities for manufacturers, utilities and distributed network operators (DNO) alike while boosting transformer sales.
Judicious Mix of Product and Service Offerings Critical to Achieving Strong Growth
Price volatility of raw materials and the global economic downturn are dampening market prospects. The influx of Asian manufacturers, especially from China, India and Korea into the European market, is further intensifying price pressures. “In order to garner significant market share and capitalise on the revenue potential within a mature market, transformer companies have to move beyond a product-based approach,” remarks the analyst. “The market nuances vary for power and distribution transformers and since there is limited technological differentiation in the systems, value added services would help in distinguishing a company's product over that of the competition.”
Transformers are an integral piece of equipment found in a utility's inventory. De-regulation and current business dynamics are constantly pressurising utilities to do more with less. “Designing an appropriate solution is not only important to gain approval but is also critical to garner a substantial share of the market,” advises the analyst. “A homogenous mix of product and service offering will support strong revenue growth.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Power transformers
- Distribution transformers
By Geography
- Germany
- France
- United Kingdom
- Italy
- Benelux
- Spain
- Scandinavia
- Rest of Europe (Austria, Greece, the Republic of Ireland, Portugal and Switzerland)
Product samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
European High and Medium Voltage Switchgear Markets
European Lead Acid Battery Market
Strategic Analysis of the European Process Gas Compressors Market
European Renewable Energy Services Market 2010
European Low Voltage Drives Markets
Strategic Analysis of the European Medium Voltage Drives Market
European Diesel Generator Set Market
European Pneumatic Valves Market
Asia Pacific Generator Sets Market
Strategic Opportunities in the European Waste Recycling Market
|
|
|
|
