The transformers market is witnessing an increase in the adoption of smart grid electrification projects across the world. Smart grid initiatives such as IEEE Smart Grid are supporting the growth of the global distribution transformers market. This will have a positive impact on the category spend.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Transformers Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
This report, Global Transformers Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to the optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of analyst’s time when you purchase this market report.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Transformers Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
This report, Global Transformers Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to the optimization of category spend.
Category driver
- Growing demand for liquid-immersed transformers.
Category management strategy
- Engage with suppliers that adhere to regulatory norms.
Procurement best practices
- Shift from strategic sourcing to category management.
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of analyst’s time when you purchase this market report.
Table of Contents
PART 01: Executive SummaryPART 13: Appendix
PART 02: Market Insights
PART 03: Category Pricing Insights
PART 04: Cost-Saving Opportunities
PART 05: Best Practices
PART 06: Category Ecosystem
PART 07: Category Management Strategy
PART 08: Category Management Enablers
PART 09: Suppliers Selection
PART 10: Suppliers Under Coverage
PART 11: US Market Insights
PART 12: Category Definition
Executive Summary
The following companies are recognised as the key suppliers in the Global Transformers Market – Procurement Intelligence Report: Hyundai Heavy Industries, Siemens, ABB, TOSHIBA, Mitsubishi Electric, and Hitachi.Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to maintain good supplier relationships”.
According to the report, one of the key growth contributors to the global transformers market is the global rise in the number of smart grid electrification projects.
Further, the report states that one of the key category management strategies for the buyers in the global transformers market is to engage with suppliers that provide assurance with respect to logistics and alternatives solutions during the instances of transformer failure.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Hyundai Heavy Industries
- Siemens
- ABB
- TOSHIBA
- Mitsubishi Electric
- Hitachi.
Methodology
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