Market Outlook
The distribution transformer market is projected to progress at 7.57% of CAGR over the forecast period of 2019-2027. The major driving factors such as electrification of the market by the smart grid, implementation of green energy, advancement of the transformer industry, rebuilding of traditional transformers in the distribution transformers market are boosting the market growth globally.
In addition, opportunities such as the digital transformation of utilities and high utilization of renewable energy are expected to boost market growth over the projected period. However, the challenges restraining the market growth are operational inefficiencies resulting in delays and suspensions.
Regional Outlook
North America, Europe, Asia-Pacific and the Rest of World are the top geographies studied in the global distribution transformer market. Presently, Asia Pacific distribution transformer market leads the global market and is expected to grow with the highest CAGR throughout the forecast period 2019-2027. The countries of the Asia Pacific region are developing very fast in terms of technology based on distribution transformers such as the usage of smart sensors, smart meters and other networking hardware and software, resulting in increased market demand in the region.
Competitive Outlook
The players that are engaged in this market include Brush Electrical Machines Ltd., Hitachi Ltd., Bowers Electrical Ltd., Emerson Electric Co., Schneider Electric, Hyosung Corporation, Kirloskar Electric Company Limited., General Electric, Ormazabal Velatia, Crompton Greaves Ltd., Hammond Power Solutions, Inc., ABB Ltd., Areva SA, Wilson Power Solutions, Eaton Corporation PLC, Siemens AG, Lemi Trafo JSC, Starkstrom Gerätebau GmbH, and Celme SRL. The detailed analysis for each of these companies in the distribution transformer market is detailed in the report.
The distribution transformer market is projected to progress at 7.57% of CAGR over the forecast period of 2019-2027. The major driving factors such as electrification of the market by the smart grid, implementation of green energy, advancement of the transformer industry, rebuilding of traditional transformers in the distribution transformers market are boosting the market growth globally.
In addition, opportunities such as the digital transformation of utilities and high utilization of renewable energy are expected to boost market growth over the projected period. However, the challenges restraining the market growth are operational inefficiencies resulting in delays and suspensions.
Regional Outlook
North America, Europe, Asia-Pacific and the Rest of World are the top geographies studied in the global distribution transformer market. Presently, Asia Pacific distribution transformer market leads the global market and is expected to grow with the highest CAGR throughout the forecast period 2019-2027. The countries of the Asia Pacific region are developing very fast in terms of technology based on distribution transformers such as the usage of smart sensors, smart meters and other networking hardware and software, resulting in increased market demand in the region.
Competitive Outlook
The players that are engaged in this market include Brush Electrical Machines Ltd., Hitachi Ltd., Bowers Electrical Ltd., Emerson Electric Co., Schneider Electric, Hyosung Corporation, Kirloskar Electric Company Limited., General Electric, Ormazabal Velatia, Crompton Greaves Ltd., Hammond Power Solutions, Inc., ABB Ltd., Areva SA, Wilson Power Solutions, Eaton Corporation PLC, Siemens AG, Lemi Trafo JSC, Starkstrom Gerätebau GmbH, and Celme SRL. The detailed analysis for each of these companies in the distribution transformer market is detailed in the report.
Table of Contents
1. Distribution Transformers Market - Summary
2. Industry Outlook
3. Distribution Transformers Industry Outlook - By Insulation Type
4. Distribution Transformers Industry Outlook - By Mounting
5. Distribution Transformers Industry Outlook - By Phase
6. Distribution Transformer Industry – Regional Outlook
7. Competitive Landscape
8. Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Abb Ltd.
- Areva Sa
- Bowers Electrical Ltd.
- Brush Electrical Machines Ltd.
- Celme srl
- Crompton Greaves Ltd.
- Eaton Corporation plc
- Emerson Electric Co
- General Electric
- Hammond Power Solutions, Inc.
- Hitachi Ltd.
- Hyosung Corporation
- Kirloskar Electric Company Limited.
- Lemi Trafo Jsc
- Ormazabal Velatia
- Siemens AG
- Schneider Electric
- Starkstrom Gerätebau GmbH
- Wilson Power Solutions
Methodology
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