Distribution Transformer market size will grow from USD 13.68 Billion in 2017 to USD 20.11 Billion by 2023, at an estimated CAGR of 6.63%

Planet Market Reports has added a report, titled, “Global Distribution Transformer Outlook, For Outdoor Power Market Forecast to 2023.”
Planet Market Reports projects that the Distribution Transformer market size will grow from USD 13.68 Billion in 2017 to USD 20.11 Billion by 2023, at an estimated CAGR of 6.63%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

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 2017. This type held the largest market size in 2017, due to increased usage in the industries as well as commercial purposes and modern infrastructure.
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By Market Players
ABB Ltd. , Crompton Greaves Ltd. , Eaton Corporation PLC. , General Electric , Siemens AG , Ormazabal , Transformers and Rectifiers India Limited , SGB-Smit Group , Wilson Power Solutions , Lemi Trafo JSC , Hyosung Corporation , Celme S.R.L , Brush Electrical Machines Ltd. , Emerson Electric Co. , Eremu SA , Hammond Power Solutions, Inc. , Hitachi Ltd. , Kirloskar Electric Company Limited. , Schneider Electric , Vantran Industries, Inc.

By Insulation Type
Dry, Oil-Filled,

By Mounting
Pad-Mounted , Pole-Mounted , Underground Vault, ,

By Power Rating
Up to 500 kVA , 501 kVA–2,500 kVA , 2,500 kVA–10,000 kVA , Above 10,000 kVA,

By Phase
Single-Phase , Three-Phase,

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region,
By Application
and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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Contact US:-
Name: Jennifer Daniel
Email-Id: sales@planetmarketreports.com
US: +1-716-2260907
UK: +447441952057
Organization: Planet Market Reports

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