Distribution Transformer Market Forecast to 2024 Industry Growth Drivers and Analysis Report

Global Market Insights adds global Distribution Transformer Market report which focuses on the major drivers and restraints for the key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

The distribution transformer market is projected to reach 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.

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Three-phase distribution transformers cost around 15% less than bank of three single-phase transformers. They also occupy lesser space then the later and can be easily installed. These factors are creating demand for the three-phase transformers market.Asia-Pacific is estimated to be 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 to grow at the highest CAGR from 2016 to 2021.

High power demand in China has led to the 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 to drive the market in the region.

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The country is likely to witness investments worth USD 300 billion in distribution networks by 2020.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, to obtain and verify critical qualitative and quantitative information, as well as to assess 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 to USD 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.

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Partial Table of Contents (ToC) of the report:
Chapter 4 Distribution Transformer Market, By Core
4.1 Distribution Transformer market share by core, 2017 & 2024
4.2 Closed
4.2.1 Global market from closed, 2013 – 2024
4.2.2 Global market from closed, by region, 2013 – 2024
4.3 Shell
4.3.1 Global market from shell, 2013 – 2024
4.3.2 Global market from shell, by region, 2013 – 2024
4.4 Berry
4.4.1 Global market from berry, 2013 – 2024
4.4.2 Global market from berry, by region, 2013 – 2024
Chapter 5 Distribution Transformer Market, By Winding
5.1 Distribution transformer market share by winding, 2017 & 2024
5.2 Two-winding
5.2.1 Global market from two-winding, 2013 – 2024
5.2.2 Global market from two-winding, by region, 2013 – 2024
5.3 Auto-transformer
5.3.1 Global market from auto-transformer, 2013 – 2024
5.3.2 Global market from auto-transformer, by region, 2013 – 2024

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