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Global Power Transformers Market Forecast

Global Power Transformers Market Forecast

Global Power Transformers Market Forecast 2014-01-07

Power transformers connect electrical networks or systems of different voltages to allow power exchange between them. Electrical power transformers are used for power generation, power transmission, electro-intensive industrial applications and consumer applications. The industrial applications include mining, paper and cement mills, chemical plants, substations and power generation. The commercial applications include hospitals, universities, hotels, offices and airports among others.

This market research study analyzes the power transformer market on a global level, and provides estimates in terms of volume (Unit shipment) and revenue (USD Billion) from 2013 to 2019. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years.

The report segments the market on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World (RoW), and estimated in terms of volume (Unit shipment) and revenue (USD Billion). In addition, the report segments the market based on power rating into 100 MVA to 500 MVA power transformers, 501 MVA to 800 MVA power transformers and 801 MVA to 1200 MVA power transformers. Each power rating segment has also been estimated on the basis of geography in terms of volume (Unit shipment) and revenue (USD Billion).

Source: prnewsire