Global Large Power Transformer Market

End User/ Technology

Starting from power generating plant to the last substation in the distribution network will consist of at least one power transformer. A power transformer is used to transfer electrical energy from one circuit to another without changing the frequency. Large power transformers are designed for maximum efficiency to minimize the loss in the transmission and distribution network.

Market Dynamics

Increasing demand for energy, need for up-gradation of power generating plants, technological advancement to reduce loss in the transmission line, and favorable Govt. policies are the main drivers fueling the large power transformer market to grow. Shifting trend towards clean and green energy is also helping the growth of the market as large power transformers are more environment-friendly and responsible for lower emission.

Market Segments

The large power transformer market can be segmented based on the rating and the cooling method. The segmentation based on rating can be subdivided into three parts- 100 MVA to 500 MVA, 501 MVA to 800 MVA and 801 MVA to 1200 MVA. Based on the cooling method the market can be divided into two parts- oil cooled transformers and air cooled transformers.

Regional/Geographic Analysis

The large power transformer market can be regionally segmented into five parts Europe, North America, South America, the Asia Pacific and Middle East & Africa. The Asia Pacific is the current market leader mainly due to continuous extension of transmission and distribution network in India and China. The Asia Pacific is expected to grow at the highest CAGR in near future due to its consistent demand for energy. Rapid urbanization, improvement in the standard of living, and development in commercial and industrial infrastructure will be fueling the market for next few years.

Opportunities

Increasing demand for electricity especially in the developing countries, need for reduction of power loss in transmission, construction of new power generating plants and up-gradation of existing plants, technological advancement, global initiatives to use more renewable and non-conventional energy sources and favorable Govt. policies are creating lots of opportunity for the market. Industry experts are preferring large power transformers because of its lower rate of emission.

Key Players

Some of the major players in the market include ALTRAFO, DuPont, ELANTAS, Eremu, Fuji Electric, Hammond Power Solutions, Eaton, Hyundai Heavy Industries, Toshiba, Jinpan International, Hyosung Power & Industrial Systems Performance Group, KOTSONS, J. Schneider Elektrotechnik, Layer Electronics, LS Industrial Systems, Kirloskar Electric, SPX Transformer Solutions, and Mace etc.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage