Home / News / Global Transformer Market is expected to grow at the CAGR of 6.3% during 2015-2022 – Brisk Insights

Global Transformer Market is expected to grow at the CAGR of 6.3% during 2015-2022 – Brisk Insights

According to a recently published report, the Transformer Market is expected to grow at the CAGR of 6.3%% during 2015-2022. The segmentation of transformers market is based on type and geography. The report on Transformers Market Forecast, 2015-2022 (by type and geography) provides detailed summary as well as forecasted analysis of the market.
Full report available Global Transformers Market Forecast, 2015-2022 (by type and geography) report at http://www.briskinsights.com/report/transformer-market

Increasing demand of energy as well as advancements of existing networks in various developed countries is expected to boost the market during the forecasted period of the study. Increasing demand and favorable government initiatives are the major drivers for global transformer market which is forecasted to grow in next 5 to 6 years.. There is an increasing focus on high investment by developing countries in power plant infrastructure and specifically to emerging economies. This helps in increasing transformer market growth in future. Some of the challenges faced by the transformers market are imports of low grade materials and intensive prices of metal. This is the major challenge for transformers market.

Scope of the report

1. Global Transformers market by type, 2012 – 2022 ($ billion)
1.1. 100 MVA to 500 MVA
1.2. 501 MVA to 800 MVA
1.3. 801 MVA to 1200 MVA

2. Global Transformer market, regional outlook, 2012-2022(in $billion)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Rest of the World

3. Company profiles
3.1. ABB LTD.
3.2. ALSTOM SA
3.3. CROMPTON GREAVES LTD.
3.4. GE CO.
3.5. HYOSUNG POWER AND INDUSTRIAL SYSTEMS PERFORMANCE GROUP
3.6. HYUNDAI HEAVY INDUSTRIES CO. LTD.
3.7. SIEMENS ENERGY
3.8. SGB-SMIT INTERNATIONAL GMBH
3.9. TEBIAN ELECTRIC APPARATUS (TBEA) CO. LTD.
3.10. CHINA XD ELECTRIC CO. LTD.
3.11. MITSUBISHI ELECTRICS
3.12. LAYER ELECTRONICS
3.13. SPX TRANSFORMER

Global Transformer Market is expected to grow at the CAGR of 6.3% during 2015-2022 – Brisk Insights reviewed on May 2, 2016 by rated 4.9 of 5

Release ID: 1860

About Manju Chandra

Check Also

400-400

Global Reformer Catalyst Market 2016 to 2022 – Industry Share, Size,Trends and Forecast By Acute Market Reports

Report Description: Notes: Sales, means the sales volume of Reformer Catalyst Revenue, means the sales ...