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Power Transformer Market

Power transformer is a type of transformer used primarily to receive low voltage<br>generator electric power and transmit it across distribution channels across the power<br>grid network. Power Transformer is part of the transmission system and an important<br>element in the power delivery value chain. It facilitates evacuation of power from<br>generating stations and its delivery to the load centers. Power transformers are generally<br>used in transmission network for stepping up or down the voltage level.

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Power Transformer Market

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Power Transformer Market by Rating and High: Global Opportunity Analysis and Industry Forecast, 2020-2027 • Pages: 165 Tables: 69 Charts: 42

  2. Global Power Transformer Market Outlook (2020 – 2027) • Top Impacting Factors: • The global power transformer market was valued at $27.7 billion in 2019, and is expected to reach $50.8 billion by 2027, registering a CAGR of 7.9% from 2020 to 2027. • Power transformer is a type of transformer used primarily to receive low voltage generator electric power and transmit it across distribution channels across the power grid network. • Power Transformer is part of the transmission system and an important element in the power delivery value chain. • Power transformers are generally used in transmission network for stepping up or down the voltage level. • Pages: 165 Tables: 69 Charts: 42

  3. Global Power Transformer Market Outlook (2020 – 2027) • Power transformers are mainly used to step-up the voltage as transmission of high voltage power is more efficient than low voltage transmission. It is used in generation step-up units (GSU), transmission substations, industrial plants like oil & gas refinery, chemicals & petrochemicals, cement industry, mining industry, desalination plants, malls, metros, and other infrastructural fields. • For efficient dispersal of power to deficit regions, strengthening and enhancement of the transmission system network are required. • Frequent failure in transmission hampers customer development as in the case of industries and other commercial consumers of electricity that demand stable supply of electric power. • Pages: 165 Tables: 69 Charts: 42

  4. Global Power Transformer Market Outlook (2020 – 2027) • Key Findings of The Power Transformer Market : • The power transformer market size is projected to grow at a CAGR of nearly 7.91%,in terms of revenue, during the forecast period. • By region, Asia-Pacific dominated the power transformer market with a revenue share of over 43% in 2019. • Medium power transformer is anticipated to witness a growth rate of 8.7%, in terms of revenue, during the forecast period. • Pages: 165 Tables: 69 Charts: 42

  5. The key players profiled in the report include: • Bharat Heavy Electricals Ltd. • CG Power and Industrial Solutions Ltd. • EMCO Ltd. • General Electric Company • Hitachi Ltd., • Kirloskar Electric Co. Ltd. • Schneider Electric SE • Siemens AG • TBEA Co. Ltd. • Toshiba Corporation. Global Power Transformer Market Outlook (2020 – 2027) • Pages: 165 Tables: 69 Charts: 42

  6. Global Power Transformer Market Outlook (2020 – 2027) Thank You! For More Details Visit us at https://www.alliedmarketresearch.com Follow Us On

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