The global distribution transformer market is forecast to be worth USD 17.61 Billion by 2021, growing at a CAGR of 6.57% during the 2016-2021 period. This growth can be attributed to capacity addition plans due to high demand for electricity and growing renewable generation leading to increased demand for distribution transformers to supply the generated power to the loads.
The report segments the distribution transformer market based on power rating, phase, mounting type, and insulating type. Under insulation type segment, liquid immersed type transformer recorded the largest market size in 2015. This type held the largest market size in 2015, due to increased usage in the industries as well as commercial purposes and modern infrastructure.
The distribution transformer market has also been classified based on mounting type into pad, pole, and underground vault. The demand for pad-mounted transformers is expected to increase during the forecast period, due to its usage in a wide range of applications in ground distribution loads as well as their utilization for application in renewable energy installation.
Based on power rating, the distribution transformer market has been segmented into power ratings ranging up to 500 kVA, 501 kV-2,500 kVA, 2,501 kVA-10,000 kVA, and above 10,000 kVA. The distribution transformers ranging from 2,501 kVA-10,000 kVA are widely used in industrial and commercial sectors due to high power consumption as compared to residential power consumption.
- ABB Ltd.
- Brush Transformers
- Celme - Italy
- Crompton Greaves
- Eaton Corp PLC.
- Emerson Industrial Automation.
- Eremu SA
- General Electric
- Hammond Power Solutions,. Inc.
- Hitachi Ltd
- Hyosung - Korea
- Kirlosker Electric Company Ltd.
- Lemi Trafo - Bulgaria
- Schneider Electric Co.
- Siemens AG
- Transformers and Rectifiers India Ltd
- Vantran Industries, Inc.
- Wenzhou Rockwell Transformer Co
- Wilson Power Solutions
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Distribution Transformers Market, By Insulation Rating
7 Distribution Transformers Market, By Mounting
8 Distribution Transformers Market, By Phase
9 Distribution Transformers Market, By Power Rating
10 Distribution Transformer Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/r2c2wq/distribution
Related Topics: Insulation , Electricity
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SOURCE Research and Markets