Power Transformer Market, By Power Rating (Small, Medium, Large), By Cooling Type (Oil-Cooled, Power

Published Date: | Report Code : EP1953209

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Power Transformer Market, By Power Rating (Small, Medium, Large), By Cooling Type (Oil-Cooled, Power-Cooled), By Application (Residential, Commercial, Industrial), By Region (North America, Eastern Europe, Western Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2016-2025)

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Domain : Energy

Report Code : EP1953209

Status : Upcoming

A transformer is an electrical tool used to transfer electricity from one circuit to another by electromagnetic induction. The energy transmission is followed by no change in frequency. The word power transformer is used in an electronic system to supply several multi-voltage AC supplies and appropriate current values from the public electricity supply. These transformers are used to step up and step down voltages in distribution systems. The prevalent form of transformer is immersed in and these transformers ‘ life span is approximately 30 years. It holds a low voltage, high current circuit on one side of the transformer and it holds a current high voltage circuit on the other side of the transformer. It works on the is based on the Faradays induction principle.

Growing demand for electrical power in emerging nations and substantial power plant capacities alongside economic development are a few major factors driving the global demand for power transformers market.

The global power transformer market is segmented based on power rating, cooling type, and application. By power rating, this market is split into small, medium, and large. The large power transformer segment is anticipated high demand due to the Increased direct-current high-voltage transmission projects in many regions of the world. Also to decrease transmission losses between large distances, voltage similar projects are being started. Based on the cooling type, this market is segmented into oil-cooled, and power-cooled. The oil-cooled segment is anticipated rapid growth owing to optimal cooling strength.   The global power transformer market is expected to boom in the Asia Pacific region due to the  Speedy industrialization, urbanization, and growing rural electrification

Key Factors Impacting Market Growth:

  • Emerging economies raising production capacities and emphasizing on transmission and distribution infrastructure
  • Growing demand for green transformers
  • Technological developments in smart transformers to increase productivity with reduced costs
  • Significant need for integrated and enhanced transmission lines 

What Does This Report Provide?

This report provides a detailed understanding of the global power transformer market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Power Rating:

  • Small Power Transformer (Up to 60MVA)
  • Medium Power Transformer (61 – 600MVA)
  • Large Power Transformer (Above 600MVA) 

By Cooling Type:

  • Oil-Cooled Transformer
  • Power-Cooled Transformer

By Application:

  • Residential
  • Commercial
  • Industrial

By Region:

  • North America
    • By Country (US, Canada, Mexico, Rest Of North America)
    • By Power Rating
    • By Cooling Type
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Power Rating
    • By Cooling Type
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Power Rating
    • By Cooling Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Power Rating
    • By Cooling Type
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Power Rating
    • By Cooling Type
    • By Application
  • Rest of the World
    • By Region (South America, Africa, Rest of the World)
    • By Power Rating
    • By Cooling Type
    • By Application

Companies Covered: Schneider Electric, ABB Transformers Ltd, Siemens, Kirlosker, SPX Transformer, Toshiba Corp., Bharat Heavy Electricals Limited, Celme, Hyundai Electric, Mitsubishi Electric, DAIHEN Corporation, Hyosung, Crompton Greaves, and General Electric 

Reasons To Buy This Report:

  • Market size estimation of the power transformer market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: [email protected]

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