DUBLIN, December 18, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/vdcm2j/global_electric) has announced the addition of the "Global Electric Transformer Market 2015- 2019" report to their offering.
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The global electric transformer market to grow at a CAGR of 5.90% over the period 2015-2019.
Global Electric Transformer Market 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.
This report covers the present scenario and the growth prospects of the global electric transformer market during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of electric transformers.
China and the US each accounted for 20% of the total power generation capacity worldwide in 2014. In 2011, the global power generation capacity was roughly 5,550 million KW. China's capacity is set to increase by 3% YoY until 2035, which will encourage growth of the worldwide power generation capacity, as well. Since electrical transformers are required for effective power distribution, this bodes well for the overall transformer market.
According to the report, developed countries in are replacing old transformers to ensure continuous and efficient supply of electricity. This trend is predicted to increase during the forecast period.
Further, the report states that lack of product differentiation in the market is affecting the market growth tremendously.
- Alstom Grid
Other Prominent Vendors
- Acme Electric
- Crompton and Greaves
- GE Digital Energy
- Hyosung Power & Industrial Systems Performance Group
- Hyundai Heavy Industries
- J Schneider Elektrotechnik
- Layer Electronics
- LS Industrial
- Mitsubishi Electric
- SPX Transformer
- Tebian Electric Apparatus Stock
- XD Group
- YangZhou Power Electric
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Power Transformers
- Global Power Transformer Market by Product
- Global Power Transformer Market by End-user
- Global Power Transformer Market by Region
- Key Leading Countries for Global Power Transformer Market
- Distribution Transformers
- Global Distribution Transformer Market by End-user
- Global Distribution Transformer Market by Region
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/vdcm2j/global_electric
Research and Markets:
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SOURCE Research and Markets