DUBLIN, Apr 11, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "India Power & Distribution Transformers Market 2022" report to their offering.
The 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.
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.
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.
- ABB India Ltd.
- Bharat Bijlee Ltd.
- Bharat Heavy Electricals Limited
- Crompton Greaves Limited
- EMCO Limited
- GE (Alstom T&D Ltd.)
- Kirloskar Electrical Ltd.
- Siemens Ltd.
- Transformers and Rectifiers India Ltd.
- Voltamp Transformers Limited
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Analyst View
4. India Transformers Market Overview
5. India Power and Distribution Transformers Market Outlook
6. India Power Transformers Market Outlook
7. India Distribution Transformers Market Outlook
8. Market Dynamics
9. Market Trends & Developments
10. Trade Analysis
11. Policy & Regulatory Landscape
12. India Economic Outlook
13. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/3chvjq/india_power_and
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/3-billion-india-power--distribution-transformers-market---by-transformer-type-power-output-competition-forecast--opportunities-2022---research-and-markets-300437341.html
SOURCE Research and Markets