Global Market Insights added a new report on global India Dry type Transformer Market to its research database. The report focuses on global major leading players with information such as company profiles, growth, product segment, technology segment, end user segment and region.
Favorable regulatory framework towards Foreign Direct Investments coupled with large scale integration of renewable energy technologies will embellish the dry type transformer market share. The consistent escalation pertaining to the demography and economy of the country will further stimulate the business outlook.
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In 2015 India Dry Type Transformer Market, the Government of India introduced Green Energy Corridor Project with a planned investment of USD 1 billion toward the expansion of self-sustained grid network infrastructure for the renewable energy transmission.
Introduction of several government aided initiatives including Intended Nationally Determined Contribution and the India Energy Security Scenarios will further strengthen the industry dynamics. India Dry Type Transformer Market is set to surpass USD 250 million by 2024. Favorable regulatory regimes related to the expansion of effective energy infrastructure coupled with increasing suburban population will fuel the dry type transformer market across the nation.
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Effective insulation capabilities, sustainable product applicability, and temperature bearing strength across distribution networks are some of the features which lay competitive grounds for the deployment of Class H transformers.
The vacuum pressure encapsulated (VPE) transformer is predicted to witness growth owing to its long service life and effective transformation capabilities when compared with its existing substitutes. These products feature series of dip processes lined up with the construction of overall transformer that offer better protection from harsh and wet environments.
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Growing concerns for energy efficiency along with increasing emphasis towards multifarious frequency electric links will fuel the dry type transformer market share. Rising demand for HV networks to sustain increasing peak load demand will positively influence the product demand. Growing investments by governmental and private organizations to electrify remote locations will in turn positively influence the industry landscape.
Rapid technological advancements pertaining to the efficient designing and product development have led to introduction of innovative insulation technologies catering a broader application prospect.
Partial Table of Contents (ToC) of the report:
Chapter 4 India Dry Type Transformer Market, By Core
4.1 India dry type transformer market by core market share, 2016 & 2024
4.2.1 India market, 2013 – 2024
4.2.2 India market, by region, 2013 – 2024, (Units & Revenue)
4.3.1 India market, 2013 – 2024
4.3.2 India market, by region, 2013 – 2024, (Units & Revenue)
4.4.1 India market, 2013 – 2024
4.4.2 India market, by region, 2013 – 2024, (Units & Revenue)
Chapter 5 India Dry Type Transformer Market, By Technology
5.1 India dry type transformer by technology market share, 2016 & 2024
5.2.1 India market, 2013 – 2024
5.2.2 India market, by region, 2013 – 2024, (Units & Revenue)
5.3 Air Blast
5.3.1 India market, 2013 – 2024
5.3.2 India market, by region, 2013 – 2024, (Units & Revenue)
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Current Transformer Market
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