Global Power Transformers Market 2017-2021

About Power Transformers

Power transformers are defined as static devices comprising two or more windings; they use electromagnetic induction to transform an alternating current or voltage system into a different system of current or voltage, which has been stepped up or stepped down for the transmission of electric power. Power generating utilities find it highly cost-effective to generate electric power at low voltage levels.

Technavio’s analysts forecast the global power transformers market to grow at a CAGR of 7.16% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global power transformers market for 2017-2021. To calculate the market size, the report considers new sales and excludes retrofit/replacement/spares/ aftermarket/services market.

The market is divided into the following segments based on geography:
• Americas

Technavio's report, Global Power Transformers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• CG
• General Electric (GE)
• Schneider Electric
• Siemens

Other prominent vendors
• Celme
• DuPont
• Eaton
• Eremu
• Fuji Electric
• Hammond Power Solutions
• Hyosung Power & Industrial Systems Performance Group
• Hyundai Heavy Industries
• J. Schneider Elektrotechnik
• Jinpan International
• Kirloskar Electric
• Layer Electronics
• LS Industrial Systems
• Mace
• MGM Transformer Company
• Mitsubishi Electric
• Ormazabal
• Prima Transformers
• Raychem RPG
• Ruhstrat
• SPX Transformer Solutions
• Synergy Transformers
• Temco
• Toshiba
• Vijay Power Control Systems
• Virginia Transformer
• Voltamp Transformers
• Xi’an XD Transformer
• YangZhou Power Electric

Market driver
• Modernization of existing transformers
• For a full, detailed list, view our report

Market challenge
• Lack of effective product differentiation
• For a full, detailed list, view our report

Market trend
• Increasing popularity of dry-type transformers
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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