Distribution Transformer Market by Mounting (Pole, Pad, and Underground), Insulation (Dry and Oil Filled), Phase (Single and Three), Power (Up to 0.5 MVA, 0.5 MVA–2.5 MVA, 2.5 MVA–10 MVA, Above 10 MVA), and Region - Global Forecast to 2021
“The distribution transformer market is projected tgrow at a CAGR of 6.57% from 2016 t2021”
The distribution transformer market is projected treach USD 17.61 billion by 2021, at a CAGR of 6.57% during the forecast period. The distribution capacity addition plans and growing renewable generation are acting as the major drivers of the distribution transformer market.
“Three-phase transformer under the phase segment accounted for the largest market share of the distribution transformer market”
In terms of market, by phase, three-phase transformers held the largest market share in 2015. Three-phase transformers are typically used tstep down the voltage in the power distribution systems. They are designed tperform with less material requirement, less size, and less weight as compared tsingle-phase transformers. Three-phase distribution transformers cost around 15% less than bank of three single-phase transformers. They alsoccupy lesser space then the later and can be easily installed. These factors are creating demand for the three-phase transformers market.
“Asia Pacific: The largest market for distribution transformers”
Asia-Pacific is estimated tbe the largest market for distribution transformers, followed by North America and Europe. China accounted for the largest share in the Asian distribution transformers market in 2015, and is projected tgrow at the highest CAGR from 2016 t2021. High power demand in China has led tthe increase in planned distribution capacity of the country. This has been supported by government initiative and timely investment in power transmission and distribution, which is likely tdrive the market in the region. The country is likely twitness investments worth USD 300 billion in distribution networks by 2020.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, corporate-level executives of key market players, and industry consultants, among other experts, tobtain and verify critical qualitative and quantitative information, as well as tassess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1—42%, Tier 2—32%, and Tier 3—26%
By Designation: Corporate Level—42%, Manager Level—32%, and Others*—26%
By Region: North America—34%, Europe—22%, Asia-Pacific—22%, Middle East, South America, and Africa—22%
Note: *Others include product managers, marketing managers, and sales managers.
The tier of the companies has been defined based on their total revenue, as of 2016: Tier 1 = > USD 20 billion, Tier 2 = From USD 10 billion tUSD 20 billion, and Tier 3 = < USD 10 billion
Leading players in this industry have been profiled, along with their recent developments and other strategic activities. These include ABB Ltd. (Switzerland), Siemens AG (Germany), Crompton Greaves Limited (India), General Electric (U.S.), and Eaton Corporation Plc. (Ireland) among others.
Objectives of the study
Tdefine, describe, and forecast the global distribution transformer market by insulation type, mounting, phase, power rating, and region
Tprovide a detailed information regarding major factors influencing the growth of the distribution transformer market (drivers, restraints, opportunities, industry-specific challenges, winning imperatives, and burning issues related tthe market)
Tanalyze opportunities in the market for stakeholders and provide details of a competitive landscape for market leaders
Tforecast the market size of segments with respect tsix major regions (along with countries), namely, Asia-Pacific, North America, Europe, the Middle East , South America, and Africa
Tanalyze competitive developments such as contracts & agreements, mergers & acquisitions, new product developments, and expansions in distribution transformer market
Distribution Transformer Manufacturing Companies
Commercial Infrastructure Developers
Process and Manufacturing Plants
Power Distribution Utilities
Government and Industry Associations
State- or Government-Owned Corporations
Scope of the report:
By Insulation Type
By Power Rating
Up t500 kVA
501 kVA–2,500 kVA
2,501 kVA–10,000 kVA
Above 10,000 kVA
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