Distribution Transformer Market is expected to progress at ~8.70% CAGR during the forecast period from 2018 to 2023

“\”Global Distribution Transformer Market\””
Global Distribution Transformer Market Research report: Information by Type (pole mounted, pad mounted, underground), Insulation (oil-immersed, dry), Power Rating (<500 kVA, 500 kVA – 2500 kVA, 2500 kVA – 10000 kVA, >10000kVA), End-Use– Forecast till 2023

Distribution Transformer Market – Overview

Market Highlights

Transformers that are used for electric power distribution purpose are referred to as distribution transformers. Distribution transformers provide the necessary power for systems and buildings in the last transformation step from the power station to the consumer. The rising production of renewable energy to reduce the dependence on fossil fuels is fueling the demand of high voltage distribution transformers to move large amounts of renewable power over long distances. Additionally, rapid urbanization and smart city initiatives are also driving the demand of distribution transformer market. However, the lack of suitable testing facilities for transformers may hamper the growth of distribution transformer market.

The global distribution transformer market is expected to grow at CAGR of 6% by 2022.

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Market Research Analysis  

On the basis of insulation, global distribution transformer market is segmented into oil- immersed, and dry. Out of them, oil-immersed accounted for the largest share in insulation segment mainly due to advantages such as energy efficiency, lower sound level, and longer operating life. Due to these factors oil- immersed type transformer is widely being used in utility, industrial, and commercial applications. Also, the growing focus on safety and environment protection is driving the demand of dry type transformers.

Asia-Pacific is the largest market for the global distribution transformer market mainly due to rapid expansions in the industrialization, construction & infrastructure activities. It is expected to grow at the fastest pace during the forecast period. 

Scope of the Report

This study provides an overview of the global distribution transformer market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global distribution transformer market as type, insulation, phase and power range.

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By Type

Pole Mounted

Pad Mounted

Underground

By Phase

Single Phase

Three Phase

By Insulation

Oil- immersed

Dry

By Power Range

0-315kVA

316-2499kVA

2500-10000kVA

Above 10000kVA

Key Players

The key players of global distribution transformer market include ABB Ltd. (Switzerland), Siemens AG (Germany), Crompton Greaves Limited (India), General Electric (U.S.), Eaton Corporation Plc. (Ireland), Bharat Heavy Electricals Ltd (India), Diamond Power Infrastructure Ltd (India), Bemag Transformer Inc. (Canada), and Bowers Electricals Ltd (U.K.).

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