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05 Aug 2016  |  Global  |  Market Research

Global Transformer Market

Market Growth Led by T&D Infrastructure Investments in Developing Regions and Replacement Demand in Developed Regions

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The growth of the global transformer market is led by higher investments in replacing ageing infrastructure, especially in North America, Europe, Australia and New Zealand, and Japan. Asia-Pacific, including China, is the largest and fastest-growing market, mainly driven by transmission and distribution developments and industrial growth in Southea...

The Indian economy is witnessing signs of restoration and so is the power sector. The transformer market which had more then doubled manufacturing capacity over the last five years anticipating huge domestic and overseas demand is suffering from overcapacity. However, a shift in the Government of Indias focus to strengthen the power T&D system ope...

The Indian economy is witnessing signs of restoration and so is the power sector. A shift in the Government of Indias focus to strengthen the power T&D system opens up abundant opportunities for the transformer markets. The Indian distribution transformers market is predominantly unorganized with few participants supplying higher range of distribu...