Contents:

TRANSFORMERS (ELECTRICITY) A GLOBAL STRATEGIC BUSINESS REPORT CONTENTS I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS Study Reliability and Reporting Limitations I-1 Disclaimers I-2 Data Interpretation & Reporting Level I-2 Quantitative Techniques & Analytics I-3 Product Definitions and Scope of Study I-3 Power Transformers I-3 Distribution Transformers I-4 II. Executive Summary 1. Industry Overview II-1 Market Scenario and Outlook II-1 Value Analysis II-1 Volume Analysis II-1 Global Electric Power Sector- An Overview II-2 Table 1: World Electric Power Generation for the Years 2004, 2010 and 2015 (In Billion KWh) (includes corresponding Graph/Chart) II-2 Table 2: Global Electric Power Equipment Market (2006): Market Shares of Leading Players- ABB, Schneider, Siemens, Areva, Mitsubishi. Hitachi, Toshiba and Others (includes corresponding Graph/Chart) II-2 Emergence of HTS Transformers II-3 Major Producers II-3 Competitive Scenario II-3 Table 3: Global Transformer Market (2006): Market Shares of Leading Players- ABB, Siemens, Areva, Schneider, Howard, Waukesha, CGL-Pauwels and Others (includes corresponding Graph/Chart) II-4 Distribution Transformers II-4 Table 4: Global Distribution Transformers Market (2005): Market Shares of Leading Players – ABB, Howard, Schneider, Areva, Cooper PS, and Others (includes corresponding Graph/Chart) II-4 Power Transformers II-5 Table 5: Global Power Transformer Market (2005): Market Shares of Leading Players- ABB, Siemens, Areva, Schneider, VA Tech, Howard, Pauwels, Cooper, Baoding and Others (includes corresponding Graph/Chart) II-5 Factors Affecting Demand II-5 Replacement Cycle II-5 Expansion and Maintenance II-5 Maturity of Markets II-6 Reliability of Transformers II-6 Transformers-Major Preference Factors II-6 Major Issues II-6 Environmental II-6 Transformer Failure II-6 Reasons for Transformer Failure II-7 Contaminants II-7 Fault Currents II-7 Usage Beyond Stipulated Limits II-7 Corrosion II-7 Electromagnetic Disturbances II-8 Energy Losses II-8 2. Product Overview II-10 Introduction II-10 Transformers in an Electricity Supply System II-10 Transformers Defined II-10 Types of Transformers II-11 Power Transformers II-11 Distribution Transformers II-11 Role of Tap Changers in Distribution Transformers II-12 Other Transformers II-12 Liquid Immersed Distribution Transformers II-12 Ferro resonant Transformers II-13 Ferrups II-13 Optical Instrument Transformers II-13 Instrument Transformers II-13 Electromagnetic Voltage Transformers II-14 Linear Variable Differential Transformers II-14 Capacitative Voltage Transformers II-15 Transformers 100,000 Kva Transformers by Geographic Region – US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) II-67 Table 35: World Long-term Projections for >100,000 Kva Transformers by Geographic Region – US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) II-68 Table 36: World Historic Review for >100,000 Kva Transformers by Geographic Region – US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) II-69 Table 37: World 15-Year Perspective for >100,000 Kva Transformers Kva Transformers by Geographic Region – Percentage Breakdown of Unit Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets for Years 1998, 2008 & 2012 (includes corresponding Graph/Chart) II-70 III. MARKET 1. The United States III-1 A.Market Analysis III-1 Market Scenario and Outlook III-1 Value Analysis III-1 Volume Analysis III-1 Electric Transmission and Power Distribution Market III-1 Table 38: US Market for Electric Transmission and Power Distribution (2006): Market Shares of Leading Players- ABB, Eaton, Siemens, General Electric, Schneider, Cooper and Others (includes corresponding Graph/Chart) III-1 Distribution Transformers Market – A Quick Primer III-2 Table 39: US Distribution Transformer Market (2006): Percentage Breakdown by Product Category - Overhead, Pad, 3-Phase, Subsurface and Others (includes corresponding Graph/Chart) III-2 Replacements Bolster Demand for Distribution Transformers in North America III-2 Rising Costs Play Spoil Sport III-2 Demand Patterns III-3 Energy Efficiency: The In Thing III-3 Competitive Scenario III-3 Table 40: North American Medium Power Transformer Market (2004): Market Shares of Leading Players- Waukesha, Kulhman, ABB, GE-Prolec, Delta Star and Others (includes corresponding Graph/Chart) III-4 Table 41: North American Large Power Transformer Market (2004): Market Shares of Leading Players- ABB, VA Tech, GE-Prolec, Hyundai, Siemens, HICO, Pauwels and Others (includes corresponding Graph/Chart) III-4 Table 42: US Distribution Transformer Market (2006): Market Shares of Leading Players- Howard, ABB, Cooper and Others (includes corresponding Graph/Chart) III-4 Exports and Imports Scenario III-5 Table 43: US Exports of Electric Transformers, Inductors and Static Conductors (2006 & 2007): Breakdown of Value Exports by Destination Countries (In US$ Million) (includes corresponding Graph/Chart) III-5 Table 44: US Imports of Electric Transformers, Inductors and Static Converters (2006 & 2007): Breakdown of Value Sales by Country of Origin (In US$ Million) (includes corresponding Graph/Chart) III-5 Product Launches III-5 Strategic Corporate Developments III-7 Select Players III-11 B.Market Analytics III-12 Table 45: US Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-12 Table 46: US Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-12 Table 47: US Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-13 Table 48: US 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-13 Table 49: US Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-14 Table 50: US Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-14 Table 51: US Historic Review for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-15 Table 52: US 15-Year Perspective for Transformers (Electricity) by Product Group/Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-15 2. Canada III-16 A.Market Analysis III-16 Canadian Electricity Sector: An Overview III-16 Market Scenario and Outlook III-16 Value Analysis III-16 Volume Analysis III-16 Trade Statistics III-17 Table 53: Canadian Exports of Electrical Transformers, Inductors and Static Converters (2007): Percentage Breakdown of Value Exports by Destination Countries (includes corresponding Graph/Chart) III-17 Table 54: Canadian Imports of Electrical Transformers, Inductors and Static Converters (2007): Percentage Breakdown of Value Exports by Countries of Origin (includes corresponding Graph/Chart) III-17 Strategic Corporate Development III-17 Hammond Power Solutions Inc. - A Major Player III-18 B.Market Analytics III-18 Table 55: Canadian Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-18 Table 56: Canadian Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-19 Table 57: Canadian Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-19 Table 58: Canadian 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-20 Table 59: Canadian Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-21 Table 60: Canadian Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-21 Table 61: Canadian Historic Review for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-22 Table 62: Canadian 15-Year Perspective for Transformers (Electricity) by Product Group/ Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-22 3. Japan III-23 A.Market Analysis III-23 Market Scenario and Outlook III-23 Value Analysis III-23 Volume Analysis III-23 Table 63: Leading Manufacturers of Transformers in Japan for 2003 & 2004: Percentage Share Breakdown of Production Value by Manufacturer - TMT & D, Hitachi Industrial Equipment Systems, Daihen, Fuji Electric FA Components & Systems, Meidensha, Takaoka Electric Mfg and Others (includes corresponding Graph/Chart) III-23 Nissin Electric Co. Ltd. – A Major Player III-24 B.Market Analytics III-24 Table 64: Japanese Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-24 Table 65: Japanese Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-25 Table 66: Japanese Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-25 Table 67: Japanese 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-26 Table 68: Japanese Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/ Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-27 Table 69: Japanese Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-27 Table 70: Japanese Historic Review for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-28 Table 71: Japanese 15-Year Perspective for Transformers (Electricity) by Product Group/Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-28 4. Europe III-29 A.Market Analysis III-29 Market Scenario and Outlook III-29 Value Analysis III-29 Volume Analysis III-29 An Overview of the Electric Sector III-29 Table 72: Consumption of Electricity in Select European Markets – Germany, France, UK, Italy, Spain, Sweden, Netherlands, Belgium, Finland, Austria, and Greece (2005 & 2010) (In TWh) (includes corresponding Graph/Chart) III-30 Utilities vs. Non-Utilities III-31 Southern Europe Sustains Transformer Market III-31 Manufacturing Sector: An Overview III-32 Competitive Scenario III-32 Table 73: European Transformers Market (2005): Percentage Breakdown of Value Sales by Company – ABB, Siemens, Areva, Schneider, and Others (includes corresponding Graph/Chart) III-32 Research and Development Activities III-32 Customer Profile III-33 Life Span of Transformers III-33 Select Players III-34 B. Ma rket Analytics III-36 Table 74: European Recent Past, Current & Future Analysis for Transformers (Electricity) by Geographic Region – France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-36 Table 75: European Long-term Projections for Transformers (Electricity) by Geographic Region – France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-37 Table 76: European Historic Review for Transformers (Electricity) by Geographic Region – France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-38 Table 77: European 15-Year Perspective for Transformers (Electricity) by Geographic Region – Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-39 Table 78: European Recent Past, Current & Future Analysis for Transformers (Electricity) by Geographic Region – France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-40 Table 79: European Long-term Projections for Transformers (Electricity) by Geographic Region – France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-40 Table 80: European Historic Review for Transformers (Electricity) by Geographic Region – France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-41 Table 81: European 15-Year Perspective for Transformers (Electricity) by Geographic Region – Percentage Breakdown of Unit Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-42 Table 82: European Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-43 Table 83: European Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-43 Table 84: European Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-44 Table 85: European 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-44 Table 86: European Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-45 Table 87: European Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-45 Table 88: European Historic Review for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-46 Table 89: European 15-Year Perspective for Transformers (Electricity) by Product Group/Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-46 4a. France III-47 A.Market Analysis III-47 Market Scenario and Outlook III-47 Value Analysis III-47 Volume Analysis III-47 B.Market Analytics III-47 Table 90: French Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-47 Table 91: French Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-48 Table 92: French Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-48 Table 93: French 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-49 Table 94: French Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-50 Table 95: French Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-50 Table 96: French Historic Review for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-51 Table 97: French 15-Year Perspective for Transformers (Electricity) by Product Group/Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for1998, 2008 & 2012 (includes corresponding Graph/Chart) III-51 4b. Germany III-52 A.Market Analysis III-52 Market Scenario and Outlook III-52 Value Analysis III-52 Volume Analysis III-52 Strategic Corporate Development III-52 B.Market Analytics III-53 Table 98: German Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-53 Table 99: German Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-53 Table 100: German Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-54 Table 101: German 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-54 Table 102: German Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-55 Table 103: German Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-55 Table 104: German Historic Review for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-56 Table 105: German 15-Year Perspective for Transformers (Electricity) by Product Group/Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-56 4c. Italy III-57 A.Market Analysis III-57 Market Scenario and Outlook III-57 Value Analysis III-57 Volume Analysis III-57 Strategic Corporate Developments III-57 B.Market Analytics III-58 Table 106: Italian Recent Past, Current & FutureAnalysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-58 Table 107: Italian Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-58 Table 108: Italian Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-59 Table 109: Italian 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-59 Table 110: Italian Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-60 Table 111: Italian Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-60 Table 112: Italian Historic Review for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-61 Table 113: Italian 15-Year Perspective for Transformers (Electricity) by Product Group/Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-61 4d. The United Kingdom III-62 A.Market Analysis III-62 Market Scenario and Outlook III-62 Value Analysis III-62 Volume Analysis III-62 B.Market Analytics III-63 Table 114: UK Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-63 Table 115: UK Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-63 Table 116: UK Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-64 Table 117: UK 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-64 Table 118: UK Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-65 Table 119: UK Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-65 Table 120: UK Historic Review for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-66 Table 121: UK 15-Year Perspective for Transformers (Electricity) by Product Group/Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-66 4e. Spain III-67 A.Market Analysis III-67 Market Scenario and Outlook III-67 Value Analysis III-67 Volume Analysis III-67 B.Market Analytics III-67 Table 122: Spanish Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-67 Table 123: Spanish Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-68 Table 124: Spanish Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-68 Table 125: Spanish 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-69 Table 126: Spanish Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-70 Table 127: Spanish Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-70 Table 128: Spanish Historic Review for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-71 Table 129: Spanish 15-Year Perspective for Transformers (Electricity) by Product Group/ Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-71 4f. Russia III-72 A.Market Analysis III-72 Market Scenario and Outlook III-72 Value Analysis III-72 Volume Analysis III-72 Strategic Corporate Developments III-72 B.Market Analytics III-73 Table 130: Russian Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-73 Table 131: Russian Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-73 Table 132: Russian Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-74 Table 133: Russian 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-74 Table 134: Russian Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-75 Table 135: Russian Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-75 Table 136: Russian Historic Review for Transformers (Electricity) by Product Group/ Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-76 Table 137: Russian 15-Year Perspective for Transformers (Electricity) by Product Group/ Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-76 4g. Rest of Europe III-77 A.Market Analysis III-77 Market Scenario and Outlook III-77 Value Analysis III-77 Volume Analysis III-77 Strategic Corporate Developments III-77 B.Market Analytics III-79 Table 138: Rest of Europe Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-79 Table 139: Rest of Europe Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-79 Table 140: Rest of Europe Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-80 Table 141: Rest of Europe 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-80 Table 142: Rest of Europe Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-81 Table 143: Rest of Europe Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-81 Table 144: Rest of Europe Historic Review for Transformers (Electricity) by Product Group/ Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-82 Table 145: Rest of Europe 15-Year Perspective for Transformers (Electricity) by Product Group/Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets or 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-82 5. Asia-Pacific III-83 A.Market Analysis III-83 Market Scenario and Outlook III-83 Value Analysis III-83 Volume Analysis III-83 Major Regional Markets III-83 Table 146: Transformer Market in the Asia-Pacific (2006)- Per Capita Transformer Capacity for Select Countries (In MVA/ Million Persons) (includes corresponding Graph/Chart) III-83 Select Players III-84 B.Market Analytics III-87 Table 147: Asia-Pacific Recent Past, Current & Future Analysis for Transformers (Electricity) by Geographic Region – China and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-87 Table 148: Asia-Pacific Long-term Projections for Transformers (Electricity) by Geographic Region – China and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-87 Table 149: Asia-Pacific Historic Review for Transformers (Electricity) by Geographic Region – China and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-88 Table 150: Asia-Pacific 15-Year Perspective for Transformers (Electricity) by Geographic Region – Percentage Breakdown of Dollar Sales for China and Rest of Asia-Pacific Markets for Years 1998, 2008 & 2012 III-88 Table 151: Asia-Pacific Recent Past, Current & Future Analysis for Transformers (Electricity) by Geographic Region – China and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-89 Table 152: Asia-Pacific Long-term Projections for Transformers (Electricity) by Geographic Region – China and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-89 Table 153: Asia-Pacific Historic Review for Transformers (Electricity) by Geographic Region – China and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-90 Table 154: Asia-Pacific 15-Year Perspective for Transformers (Electricity) by Geographic Region – Percentage Breakdown of Unit Sales for China and Rest of Asia-Pacific Markets for Years 1998, 2008 & 2012 III-90 Table 155: Asia-Pacific Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-91 Table 156: Asia-Pacific Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-91 Table 157: Asia-Pacific Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-92 Table 158: Asia-Pacific 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-92 Table 159: Asia-Pacific Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-93 Table 160: Asia-Pacific Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-93 Table 161: Asia-Pacific Historic Review for Transformers (Electricity) by Product Group/ Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-94 Table 162: Asia-Pacific 15-Year Perspective for Transformers (Electricity) by Product Group/ Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-94 5a. China III-95 A.MARKET ANALYSIS III-95 Market Scenario and Outlook III-95 Value Analysis III-95 Volume Analysis III-95 Market Primer III-95 Market Snippets III-96 Table 163: Chinese Transformer Capacity for the Years 2005, 2006 and 2010 (In MVA) (includes corresponding Graph/Chart) III-96 Table 164: Chinese Transformer Market (2006): Production Capacity for Select Transformer Types (In 000 KVA) (includes corresponding Graph/Chart) III-96 Table 165: Chinese Transformer Market: Market Shares of Leading Players- ABB, TBEA, Toshiba, Siemens, XD Electric, Baoding Tianwei, Huapeng, Areva and Others- for the Years 2005, 2006 and 2007 (includes corresponding Graph/Chart) III-97 Table 166: Chinese Power Transformer Market (2006): Breakdown of Production by Company (In Million KVA) (includes corresponding Graph/Chart) III-97 Trade Statistics III-98 Table 167: Chinese Exports of Transformers: Value (US$ Million) and Volume (In Million Units) Exports for the Years 2005 and 2006* III-98 Table 168: Chinese Imports of Electric Transformers, Inductors and Rectifiers and their Parts: Value Imports for the Years 2005 and 2006* III-98 Strategic Corporate Developments III-98 B.MARKET ANALYTICS III-99 Table 169: Chinese Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-99 Table 170: Chinese Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-99 Table 171: Chinese Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-100 Table 172: Chinese 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-100 Table 173: Chinese Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-101 Table 174: Chinese Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-101 Table 175: Chinese Historic Review for Transformers (Electricity) by Product Group/ Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-102 Table 176: Chinese 15-Year Perspective for Transformers (Electricity) by Product Group/Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-102 5b. Rest of Asia-Pacific III-103 A.Market Analysis III-103 Market Scenario and Outlook III-103 Value Analysis III-103 Volume Analysis III-103 Focus on Select Markets III-103 India III-103 Market Primer III-103 Table 177: Indian Transformer Market: Breakdown of Value Sales for by Power and Distribution Transformers for the Years 2005 through 2010 (In US$ Million) (includes corresponding Graph/Chart) III-104 Industry Deterrents III-104 Government Initiatives III-104 Production III-105 Table 178: Indian Transformer Market: Breakdown of Production by Transformer Type for the Year Ending March 2007 (In MVA) III-105 Table 179: Indian Transformer Market (2005): Average Price Range for Select Transformer Types (In US$/ MVA) III-105 Technology III-105 Competitive Scenario III-106 Table 180: Indian Transformer Market: Breakdown of Installed Transformer Capacity by Leading Players-Crompton Greaves, BHEL, EMCO, ABB, Areva T&D, Bharat Bijlee, Voltamp, IMP Power, Indo Tech and Others - for the Year Ending March 2007 (In MVA) (includes corresponding Graph/Chart) III-106 Table 181: Indian High Power Transformer Market (2005): Market Shares Breakdown of Leading Players- BHEL, Crompton Greaves Ltd, EMCO Limited, ABB, Areva T&D, and TELK (includes corresponding Graph/Chart) III-107 Australia & New Zealand III-107 Bright Prospects Ahead for Transformers and III-107 Switchgears III-107 The Utilities Sector III-107 Refurbishment Market III-108 Growing Energy Efficiency Concerns III-108 Strategic Corporate Developments III-109 B.Market Analytics III-112 Table 182: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-112 Table 183: Rest of Asia-Pacific Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-113 Table 184: Rest of Asia-Pacific Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-113 Table 185: Rest of Asia-Pacific15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-114 Table 186: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-115 Table 187: Rest of Asia-Pacific Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-115 Table 188: Rest of Asia-Pacific Historic Review for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-116 Table 189: Rest of Asia-Pacific15-Year Perspective for Transformers (Electricity) by Product Group/ Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-116 6. Latin America III-117 A.Market Analysis III-117 Market Scenario and Outlook III-117 Value Analysis III-117 Volume Analysis III-117 Select Regional Markets III-117 Mexico III-117 Factors Influencing the Market III-117 Domestic Production III-117 Energy Efficiency Standard III-118 Peru III-118 Potential Market for Power Transformers III-118 Guatemala III-118 Strategic Corporate Developments III-118 B.Market Analytics III-119 Table 190: Latin American Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-119 Table 191: Latin America Long-term Projections for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-120 Table 192: Latin American Historic Review for Transformers (Electricity) by Product Type – Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-120 Table 193: Latin American 15-Year Perspective for Transformers (Electricity) by Product Type – Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-121 Table 194: Latin American Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers,30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-122 Table 195: Latin America Long-term Projections for Transformers (Electricity) by Product Group/Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-122 Table 196: Latin American Historic Review for Transformers (Electricity) by Product Group/ Segment – 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-123 Table 197: Latin American 15-Year Perspective for Transformers (Electricity) by Product Group/ Segment – Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-123 7. Rest of World III-124 A.Market Analysis III-124 Market Scenario and Outlook III-124 Value Analysis III-124 Volume Analysis III-124 Strategic Corporate Developments III-124 ABB Powertech Transformers (Pty) Ltd.- A Major Player III-126 B.Market Analytics III-126 Table 198: Rest of World Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Type - Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2001 through 2010 (includes corresponding Graph/Chart) III-126 Table 199: Rest of World Long-term Projections for Transformers (Electricity) by Product Type - Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart) III-127 Table 200: Rest of World Historic Review for Transformers (Electricity) by Product Type - Power Transformer and Distribution Transformer Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 1991 through 2000 (includes corresponding Graph/Chart) III-127 Table 201: Rest of World 15-Year Perspective for Transformers (Electricity) by Product Type - Percentage Breakdown of Dollar Sales for Power Transformer and Distribution Transformer Markets for 1998, 2008 & 2012 III-128 Table 202: Rest of World Recent Past, Current & Future Analysis for Transformers (Electricity) by Product Group/Segment - 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2001 through 2010 (includes corresponding Graph/Chart) III-129 Table 203: Rest of World Long-term Projections for Transformers (Electricity) by Product Group/Segment - 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart) III-129 Table 204: Rest of World Historic Review for Transformers (Electricity) by Product Group/Segment - 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets Independently Analyzed with Annual Sales Figures in Units for Years 1991 through 2000 (includes corresponding Graph/Chart) III-130 Table 205: Rest of World 15-Year Perspective for Transformers (Electricity) by Product Group/Segment - Percentage Breakdown of Unit Sales for 500-10,000 Kva Transformers, 10,001-30,000 Kva Transformers, 30,001-100,000 Kva Transformers, and >100,001 Kva Transformers Markets for 1998, 2008 & 2012 (includes corresponding Graph/Chart) III-130 IV. COMPETITIVE LANDSCAPE

Companies Mentioned

- ABB- Asea Brown Boveri Ltd (Switzerland) - ABC Electric Transformers (Mexico) - AC Transformer Corporation (USA) - Acme Electric Corporation (USA) - Actown-Electrocoil, Inc (USA) - Acutran (USA) - Advanced Components Industries, Inc (USA) - AFP Transformers, LLC (USA) - Alamo Transformer Supply Co(USA) - Alkargo, SCoopL (Spain) - Allis Electric Co, Ltd (Taiwan) - Ames Impex Electicals Pvt, Ltd (India) - Amp Control Pty Ltd (Australia) - AMVECO Magnetics (USA) - APX Technologies, Inc (USA) - AREVA T et D Protection et Controle (France) - ASA Trafobau GmbH (Germany) - Asata Utama Electrical Industries PT (Indonesia) - Atlas Transformer Incorporated (Canada) - Augier Energy (France) - B and B Transformer, Inc (USA) - Baoding Tianwei Baobian Electric Company, Ltd (China) - Basler Electric Company (USA) - Bel Fuse, Inc (USA) - Beta Transformer Technology Corporation (USA) - BEZ Transformatory, AS (Slovakia) - Bharat Heavy Electricals Ltd (India) - Bicron Electronics Company (USA) - Biing Jey Enterprise Co, Limited (Taiwan) - Birmingham Transformers Ltd (UK) - Bistra Todorova Ltd (Bulgaria) - Bobinados Zarel SA (Spain) - Bodo Ehmann GmbH (Germany) - Brush Transformers, Ltd (UK) - Cahors Group (France) - Cam Tran Transformers (Canada) - Celduc Transfo SA (France) - Celme, Srl (Italy) - Central Moloney, Inc (USA) - Chint Group Corporation (China) - Chuan Shun Electric Industrial (Shenzhen) Co Ltd (China) - Cooper Industries Inc (USA) - Cotradis (Spain) - Craftec AB (Sweden) - Crompton Greaves Ltd (India) - Delta Star Inc (USA) - Duke Power (USA) - Dwarka Industries (India) - Eaton Corporation (USA) - EFACEC Empresa Fabril De Maquiras Electricas,SA (Portugal) - EGS Electrical Group (USA) - Ekarat Engineering Public Company Limited (Thailand) - ElcarzAG (Check Republic) - Elco Industries Ltd (Israel) - Electric Research And Manufacturing Cooperative, Inc (ERMCO) (USA) - Electric Service Company, Inc (USA) - Elettromeccanica Tironi Srl (Italy) - EMCO Transformers Ltd (India) - Endicott Coil Company, Inc (USA) - Eremu SA (Spain) - Estel Company Ltd (Thailand) - ETI Electrotechnische Industrie BV (The Netherlands) - Eurotrasformatori, Srl (Italy) - Eximet Trafo Spol Sro (Czech Republic) - Federal Pacific (USA) - First Philippine Holdings Corporation (Philippines) - Florida Power & Light Company (USA) - Fortune Electric Co, Ltd (Taiwan) - Foster Transformers (USA) - Frontier Electronics (USA) - Ganz Transelektro Electric Co, Ltd (Hungary) - General Electric Co (USA) - Getra SpA (Italy) - Global Yeou Diann Electric Industrial Co, Ltd (Taiwan) - Hammond Power Solutions, Inc (Canada) - Helmke Orbis GmbH - HICO AMERICA (USA) - Howard Industries, Inc (USA) - HTT Hochspannungstechnik und Transformatorbau GmbH (Germany) - Hydromat GmbH (Germany) - Hyosung Corporation (Korea) - Hyundai Heavy Industries Co, Ltd (South Korea) - Imel Energy SA (Switzerland) - IMP Power Limited (India) - Incoesa (Spain) - Indo Tech Transformers Ltd (India) - Industrias Mecano Electricas Fontecha Yébenes, SL (Spain) - Inglot Electronics Corporation (USA) - Intermagnetics General Corporation (IGC) (USA) - International transformers (UK) - Interpower Corporation (USA) - Iran Transfo Company (Iran) - Jiangsu Chenyang Electron Co, Ltd (China) - Kentucky Association of Electric Cooperatives, Inc (USA) - K-Factor Srl (Italy) - Kirloskar Electric Co (India) - Koerppen GmbH + Co (Germany) - Koncar-Distribution & Special Transformers, Inc (Croatia) - Kotsons Pvt Ltd (India) - Kuhlman Electric Corporation (USA) - Kyushu Electric Power Co, Inc (Japan) - Lakshmi Transformers & Electricals (India) - Magnetek, Inc (USA) - Malaysia Transformer Manufacturing SDN BHD (Malaysia) - Marcus Transformers Of Canada Limited (Canada) - Marsons Electrical Industries (India) - MF Transformatori (Italy) - MGM Transformer Company (USA) - Michael Riedel Transformatorenbau GmbH (Germany) - Mitsubishi Electric Corporation (Japan) - Neeltran, Inc (USA) - NEI Transformers (South Africa) - New Korea Electric Co, Ltd (Korea) - Niagara Transformer Corp (USA) - Ningbo Zhongce ET Electronics Co, Ltd (China) - Nissin Electric Co, Ltd (Japan) - Northern Transformer Incorporated (USA) - NWL Transformers, Inc (USA) - Oasa Transformadores (Spain) - Ocrev Srl (Italy) - ORTEA SpA (Italy) - Osborne Transformer Corp (USA) - PM Electronics Limited (India) - Pauwels International NV (Belgium) - Pennsylvania Transformer Technology, Inc (USA) - Pioneer Transformers (Canada) - Power and Distribution Transformers Ltd (UK) - Power Engineers (India) - Power Master Enterprise (Taiwan) - Power Paragon (USA) - Powertronix Corporation (USA) - Prem Magnetics, Inc (USA) - Quanzhou Haitong Electronic Co, Ltd (China) - RE Uptegraff Manufacturing Co (USA) - Rauscher & Stoecklin AG (Switzerland) - Reo (UK) Ltd (UK) - Rhona SA (Chile) - Ritz Group (Germany) - Roqmo SL (Spain) - Ruhstrat GmbH (Germany) - SP Electric Industry Company Limited (Thailand) - Sagaon Energy Equipments (P), Ltd (India) - Salom Electric (Thailand) Co, Ltd (Thailand) - Schneider Electric SA (France) - SEA Societý Elettromeccanica Arzignanese SpA (Italy) - SEG Schaltanlagen-Elektronik-Geräte Gmbh & Co, KG (Germany) - Serveron Corporation (Canada) - Shen Chang Electric Co, Ltd (Taiwan) - Shihlin Electric & Engineering Corporation (Taiwan) - Siemens AG (Germany) - Sirmet Elettrica, Srl (Italy) - Skot Transformers Ltd (UK) - Smit Transformatoren BV (The Netherlands) - Solomon Corporation (USA) - Special Trasfo Service SpA (Italy) - SPX Corporation (USA) - Starkstrom-Geratebau GmbH (Germany) - Suenn Liang Electric Co, Ltd (Taiwan) - Sunbelt Transformer (USA) - Ta Chi Wang Co, Ltd (Taiwan) - Tamini Trasformatori SrL (Italy) - Tatung Co (Taiwan) - Taylor Transformers (UK) - Tesar, Srl (Italy) - Tesla Transformers Ltd (India) - THS-Transformatoren Franz Hvlsch GmbH (Germany) - Toroid Corporation of Maryland (USA) - Tortran Inc Bridgeport Magnetics (USA) - Toshiba Corporation (Japan) - Trafo Equipamentos Electricos SA (Brazil) - Trafomec SpA (Italy) - Trafotek Oy (Finland) - Trans Field Electric (India) - Transformadores CH, Ltd (Chile) - Tranfromadores Tusan Ltd (Chile) - Transformateurs AEM (France) - Transformers & Rectifiers (I) Limited (India) - Transformers Manufacturing Co Pty, Ltd (Australia) - Trasfor SA (Switzerland) - Triad Magnetics (USA) - Tunisie Transformateurs SA (Tunisia) - Universal Power Transformers (India) - Uttam (Bharat) Electricals Pvt, Limited (India) - Va Tech Elin Transformatoren (Austria) - Vantran Industries, Inc (USA) - Virginia Transformer Corporation (USA) - Voltamp Transformers Limited (India) - Wandler- und Transformatoren-Werk Wirges GmbH (Germany) - Warner Power LLC (USA) - Waukesha Electric Systems, Inc, (USA) - Weihai Dongxing Electronics Co, Ltd (China) - Winder Electrical Ltd (UK) - Zenith Transformer Manufacturing SDN BHD (Malaysia) - Zennaro Electrical Constructions (Italy) - Zettler Magnetics, Inc (USA)