India Power & Distribution Transformers Market By Transformer Type, By Power Output, Competition Forecast & Opportunities, 2022
NEW YORK, April 10, 2017 /PRNewswire/ -- Transformers play a vital role in power transmission and distribution network. With power being one of the most crucial factors for any country's economic development, and India having emerged as the world's third largest producer of electricity, after the US and China, demand for both power and distribution transformers continues to grow in the country. In 2016, India's total installed capacity of power was 310 GW, and this figure is expected to further increase over the next five years. Increasing number of government policies to promote rural electrification such as Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY), national grid, coal linkages and push for renewable energy are further driving power & distribution transformers demand in India. Rising technological advancements in transmission and distribution networks and increasing imports of transformers from China are among the emerging trends that are expected to gain more traction over the next five years.
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According to "India Power & Distribution Transformers Market By Transformer Type, By Power Output, Competition Forecast & Opportunities, 2022", power & distribution transformers market in India is projected to surpass $ 3 billion by 2022. Distribution transformers dominated India power & distribution transformers market over the past few years, and this trend is anticipated to continue in the coming years, as well. Growing demand for distribution transformers in India can be attributed to increasing focus of Government of India to provide access to electricity to all rural households of the country. Furthermore, the west region garnered the largest share in the country's power & distribution market in 2016, and the region is anticipated to continue its dominance through 2022, owing to rising number of power projects being undertaken coupled with increasing urbanization and industrialization in the region. "India Power & Distribution Transformers Market By Transformer Type, By Power Output, Competition Forecast & Opportunities, 2022" discusses the following aspects of the power & distribution transformers market in India:
- India Transformer Market Size, Share & Forecast
- Segmental Analysis - By Transformer Type (Power & Distribution), By Power Output (Power - 5.1 to 50 MVA, 50.1 to 160 MVA, etc.; Distribution - < 100 KVA, 100.1 to 315 KVA, etc.)
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?
- To gain an in-depth understanding of India Power & Distribution Transformers Market.
- To identify the on-going trends and anticipated growth in the next five years.
- To help industry consultants and transformer manufacturers align their market centric strategies
- To obtain research based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players.
- To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer's specific needs
Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interaction with power & distribution transformers manufacturers, channel partners and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
Read the full report: http://www.reportlinker.com/p04812650/India-Power-Distribution-Transformers-Market-By-Transformer-Type-By-Power-Output-Competition-Forecast-Opportunities.html
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