The Bangladesh power & distribution transformer market is anticipated to witness significant growth during the forecast period on account of increasing electricity consumption and the surging construction sector coupled with the development of smart infrastructure buildings in the country. Further, the increased demand for electricity from the industrial and manufacturing sector has resulted in the installation of advanced power transformers to achieve higher efficiency, which would positively impact the overall market growth of power & distribution transformers in the country during the forecast period. However, due to prevailing weak economic conditions and nationwide lockdown imposed by the sudden outbreak of the coronavirus pandemic in the past few months, the market witnessed sluggish growth in the year 2020.The Bangladesh Power & Distribution Transformer Market is projected to grow at a CAGR of 4.2% during 2021-27
According to this research, the Bangladesh Power & Distribution Transformer Market is projected to grow at a CAGR of 4.2% during 2021-27F. The government has implemented programs to improve the power supply in the country, with one of the plans being Energy Efficiency and Conservation Master Plan 2030 that is focused on increasing the electricity generation capacity of the country over the coming years. The power sector of the country has embarked the topmost priority coupled with renewable energy playing a vital role in meeting the demand for electricity especially in the off-grid areas of the country. The government has set a target to generate about 15% of the total electricity from renewable energy resources over the coming period, thereby strengthening the power sector and creating numerous opportunities for the transformer market in the country. Further, upcoming construction projects such as Rooppur Nuclear Power Plant, Padma Bridge among many others require the installation of power and distribution transformers to achieve higher efficiency for meeting the increased electricity consumption thereby driving the aforesaid market over the forthcoming period.
The power utility segment of the market is anticipated to dominate the market during the forecast period owing to the significant rise in energy demand and consumption along with the favorable government policies to flourish the power sector in the nation.
The Bangladesh power & distribution transformer market report comprehensively covers the market by types, power rating, cooling system, applications, and regions. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh's power & distribution transformers market is projected to secure tremendous growth in the years ahead owing to an increased manufacturing sector at a considerable rate. Where the textile industry is estimated to generate high sales revenues in the market owing to a rise in the export practices and domestic Use which is likely to use high energy consumption to operate machines, therefore, the adoption of power and distribution transformer would increase to ensure regular power supply and is estimated to bolster the growth of the Bangladesh power and distribution transformers market in the years ahead.
Key Highlights:
- Bangladesh Power & Distribution Transformer Market Overview
- Bangladesh Power & Distribution Transformer Market Outlook
- Bangladesh Power & Distribution Transformer Market Forecast
- Historical Data and Forecast of Bangladesh Power & Distribution Transformer Market Revenues and Volume and for the Period 2017-2020
- Historical Market Data and Forecast of Revenues and Volume, By Types, for the Period 2017-2027
- Historical Market Data and Forecast Revenues and Volume, By Power Rating, for the Period 2017-2027
- Historical Market Data and Forecast Revenues, By Cooling System, for the Period 2017-2027
- Historical Market Data and Forecast Revenues, By Applications, for the Period 2017-2027
- Historical Market Data and Forecast Revenues and Volume, By Regions, for the Period 2017-2027
- Market Drivers and Restraints
- Bangladesh Power & Distribution Transformer Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Bangladesh Power & Distribution Transformer Market Share, By Companies
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Segmentation:
By Types:
- Distribution Transformer
- Up to 100kVA
- 1kVA - 315kVa
- 1kVA - 5MVA
- Power Transformer
- 1MVA - 50MVA
- 1MVA - 160MVA
- Above 160MVA
By Cooling System:
- Dry Type
- Liquid Type
By Applications:
- Power Utilities
- Industrial
By Regions:
- Northern
- Western
- North Eastern
- Central
- Southern
Table of Contents
1. Executive Summary
2. Introduction
2.1. Report Description
2.2. Key Highlights of the Report
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. Bangladesh Power & Distribution Transformer Market Overview
3.1 Bangladesh Power & Distribution Transformer Market Revenues & Volume, 2017-2027F
3.2 Bangladesh Power & Distribution Transformer Market - Industry Life Cycle
3.3 Bangladesh Power & Distribution Transformer Market - Porter’s Five Forces
3.4 Bangladesh Power & Distribution Transformer Market Revenue & Volume Share, By Types, 2020 & 2027F
3.5 Bangladesh Power & Distribution Transformer Market Revenue Share, By Cooling System, 2020 & 2027F
3.6 Bangladesh Power & Distribution Transformer Market Revenue Share, By Applications, 2020 & 2027F
3.7 Bangladesh Power & Distribution Transformer Market Revenue & Volume Share, By Regions, 2020 & 2027F
4. Bangladesh Power & Distribution Transformer Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Bangladesh Power & Distribution Transformer Market Trends
6. Bangladesh Distribution Transformer Market Overview, By Power Rating
6.1 Bangladesh Distribution Transformer Market Revenues & Volume, 2017-2027F
6.2 Bangladesh Distribution Transformer Market Revenues & Volume Share, By Power Rating, 2020 & 2027F
6.3 Bangladesh Distribution Transformer Market Revenues & Volume, By Power Rating, 2017-2027F
7. Bangladesh Power Transformer Market Overview, By Power Rating
7.1 Bangladesh Power Transformer Market Revenues & Volume, 2017-2027F
7.2 Bangladesh Power Transformer Market Revenues & Volume Share, By Power Rating, 2020 & 2027F
7.3 Bangladesh Power Transformer Market Revenues & Volume, By Power Rating, 2017-2027F
8. Bangladesh Power & Distribution Transformer Market Overview, By Cooling System
8.1 Bangladesh Dry Type Power & Distribution Transformer Market Revenues, 2017-2027F
8.2 Bangladesh Liquid Type Power & Distribution Transformer Market Revenues, 2017-2027F
9. Bangladesh Power & Distribution Transformer Market Overview, By Applications
9.1 Bangladesh Power & Distribution Transformer Market Revenues, By Power Utilities, 2017-2027F
9.2 Bangladesh Power & Distribution Transformer Market Revenues, By Industrial, 2017-2027F
10. Bangladesh Power & Distribution Transformer Market Overview, By Regions
10.1 Bangladesh Power & Distribution Transformer Market Revenues and Volume, By Northern Region, 2017-2027F
10.2 Bangladesh Power & Distribution Transformer Market Revenues and Volume, By Central Region, 2017-2027F
10.3 Bangladesh Power & Distribution Transformer Market Revenues and Volume, By North Eastern Region, 2017-2027F
10.3 Bangladesh Power & Distribution Transformer Market Revenues and Volume, By Southern Region, 2017-2027F
10.4 Bangladesh Power & Distribution Transformer Market Revenues and Volume, By Western Region, 2017-2027F
11. Bangladesh Power & Distribution Transformer Market Key Performance Indicators
12. Bangladesh Power & Distribution Transformer Market Opportunity Assessment
12.1 Bangladesh Power & Distribution Transformer Market Opportunity Assessment, By Types, 2027F
12.2 Bangladesh Power & Distribution Transformer Market Opportunity Assessment, By Cooling System, 2027F
12.3 Bangladesh Power & Distribution Transformer Market Opportunity Assessment, By Applications, 2027F
13. Bangladesh Power & Distribution Transformer Market Competitive Landscape
13.1 Bangladesh Power Transformer Market Revenue Share, By Companies, 2020
13.2 Bangladesh Distribution Transformer Market Revenue Share, By Companies, 2020
13.3 Bangladesh Power & Distribution Transformer Market Competitive Benchmarking, By Operating Parameters
14. Company Profiles
14.1 General Electric Company
14.2 Schneider Electric SE
14.3 Siemens AG
14.4 Mitsubishi Electric Corporation
14.5 Toshiba Energy Systems & Solutions Corporation
14.6 ABB Ltd
14.7 Honeywell International Inc
14.8 Johnson Controls International PLC
14.9 Robert Bosch GmbH
14.10 Edison Power Bangladesh Ltd.,
15. Key Strategic Recommendations
16. Disclaimer
List of Figures
Figure 1: Bangladesh Power & Distribution Transformer Market Revenues & Volume, 2017-2027F ($ Million, Thousand Units)
Figure 2: Bangladesh Power and Distribution Transformer Market Revenue Share, By Types, 2020 & 2027F
Figure 3: Bangladesh Power and Distribution Transformer Market Volume Share, By Types, 2020 & 2027F
Figure 4: Bangladesh Power & Distribution Transformer Market Revenue Share, By Cooling System, 2020 & 2027F
Figure 5: Bangladesh Power & Distribution Transformer Market Revenue Share, By Applications, 2020 & 2027F
Figure 6: Bangladesh Power & Distribution Transformer Market Revenue Share, By Regions, 2020 & 2027F
Figure 7: Bangladesh Power & Distribution Transformer Market Volume Share, By Regions, 2020 & 2027F
Figure 8: Bangladesh Electricity Generation, By Fuel Types, 2018 & 2030F
Figure 9: Bangladesh Distribution Transformer Market Revenues & Volume, 2017-2027F ($ Million, Thousand Units)
Figure 10: Bangladesh Distribution Transformer Market Revenue Share, By Power Rating, 2020 & 2027F
Figure 11: Bangladesh Distribution Transformer Market Volume Share, By Power Rating, 2020 & 2027F
Figure 12: Bangladesh Power Transformer Market Revenues & Volume, 2017-2027F ($ Million, Units)
Figure 13: Bangladesh Power Transformer Market Revenue Share, By Power Rating, 2020 & 2027F
Figure 14: Bangladesh Power Transformer Market Volume Share, By Power Rating, 2020 & 2027F
Figure 15: Bangladesh Power & Distribution Transformer Market Opportunity Assessment, By Types, 2027F
Figure 16: Bangladesh Power & Distribution Transformer Market Opportunity Assessment, By Cooling System, 2027F
Figure 17: Bangladesh Power & Distribution Transformer Market Opportunity Assessment, By Applications, 2027F
Figure 18: Bangladesh Power Transformer Market Revenue Shares, By Companies, 2020
Figure 19: Bangladesh Distribution Transformer Market Revenue Shares, By Companies, 2020
List of Tables
Table 1. Bangladesh Power Sector Upcoming Projects
Table 2. Bangladesh Distribution Transformer Market Revenues, By Power Rating, 2017-2027F ($ Million)
Table 3. Bangladesh Distribution Transformer Market Volume, By Power Rating, 2017-2027F (Thousand Units)
Table 4. Bangladesh Power Transformer Market Revenues, By Power Rating, 2017-2027F ($ Million)
Table 5. Bangladesh Power Transformer Market Volume, By Power Rating, 2017-2027F (Units)
Table 6. Bangladesh Power & Distribution Transformer Market Revenues, By Cooling System, 2017-2027F ($ Million)
Table 7. Bangladesh Power & Distribution Transformer Market Revenues, By Applications, 2017-2027F ($ Million)
Table 8. Bangladesh Power & Distribution Transformer Market Revenues, By Regions, 2017-2027F ($ Million)
Table 9. Bangladesh Power & Distribution Transformer Market Revenues, By Regions, 2017-2027F (Thousand Units)
Table 10. Bangladesh Upcoming Major Projects
Table 11. Bangladesh Upcoming Commercial Projects
Table 12. Bangladesh Upcoming Transportation Projects
Table 13. Bangladesh Upcoming Tourism Sector Projects
Companies Mentioned
- ABB Ltd
- Edison Power Bangladesh Ltd.
- General Electric Company
- Honeywell International Inc
- Johnson Controls International PLC
- Mitsubishi Electric Corporation
- Robert Bosch GmbH
- Schneider Electric SE
- Siemens AG
- Toshiba Energy Systems & Solutions Corporation
