Dublin, December 3, 2021--(BUSINESS WIRE)--ResearchAndMarkets.com has added the "Indian Electricity and Distribution and Transformer Market Outlook 2030" report to ResearchAndMarkets.com's products.
The Indian distribution transformer market is expected to receive approximately US$4.258 billion in revenue by the end of 2030, which is higher than the revenue of more than US$2.13 billion in 2020. The market is expected to grow at a compound annual growth rate of 7.41% during this period. 2021-2030.
Power transformers are used in transmission networks with higher voltage problems and operate at full load ratings with minimal load fluctuations.
On the other hand, distribution transformers are used in distribution networks where there is a problem with lower voltages, and they operate at significantly lower loads. The load varies greatly. Power transformers are a common feature of power plants and transmission and substations, while distribution transformers are mainly installed in substations.
It is expected that in the next few years, the national government will shift its focus to renewable energy, the surge in demand for green transformers, and the increasing demand to improve the existing grid infrastructure will drive market growth.
In addition, factors such as the country’s growing urban population and the surge in economic activities that drive energy demand are also expected to accelerate market growth in the next few years.
The Indian distribution transformer market is segmented by many market segments, including segmentation by transformer type, rated power, installation, phase and end user. According to the type of transformer, the market is divided into core transformers, shell transformers and berry transformers. The shell transformer segment is expected to occupy the highest market share, and will further gain market revenue close to US dollars to reach 1.94 billion by the end of 2030.
In addition, the market is divided into utilities, residential, commercial, and industrial according to end users. Among them, by the end of 2030, the utility sector is expected to receive the largest revenue of nearly US$3.2 billion.
Some well-known industry leaders include
Toshiba Energy Systems & Solutions Co., Ltd.
CG Power and Industrial Solutions Limited
URJA Techniques (India) Private Limited
1. Market definition and research methods
5. The impact of COVID-19 on the Indian power and distribution transformer market
8. Indian Electricity and Distribution Transformer Market 8.1. Market size in millions of dollars (2020-2030) 8.2. Unit market volume (2020-2030) 8.3. Market segmentation: 8.3.1. Transformer type 8.3.1.1. Core type transformer, 2020-2030 (millions of dollars) (unit) 8.3.1.2. Shell-type transformer, 2020-2030 (millions of dollars) (unit) 8.3.1.3. Berry-type transformer, 2020-2030 (millions of dollars) (unit) 8.3.2. Rated power 8.3.2.1. Small (500-7500 KVA), 2020-2030 (millions of dollars) (unit) 8.3.2.2. Medium (7500 KVA-100 MVA), 2020-2030 (millions of dollars) (unit) 8.3.2.3. Large (100 MVA and above), 2020-2030 (in millions of US dollars) (in units) 8.3.3. Phase 8.3.3.1. Single-phase, 2020-2030 (millions of dollars) (units) 8.3.3.2. The third phase, 2020-2030 (millions of dollars) (unit) 8.3.4. Insulation 8.3.4.1. Dry, 2020-2030 (in millions of dollars) (in units) 8.3.4.2. Immersion in liquid, 2020-2030 (in millions of dollars) (in units) 8.3.5. End user 8.3.5.1. Utilities, 2020-2030 (millions of dollars) (units) 8.3.5.2. Residential, 2020-2030 (millions of dollars) (unit) 8.3.5.3. Business, 2020-2030 (millions of dollars) (units) 8.3.5.3.1. Hotels, 2020-2030 (in millions of dollars) (in units) 8.3.5.3.2. Hospitals, 2020-2030 (in millions of dollars) (in units) 8.3.5.3.3. Commercial buildings in 2020-2030 (in millions of dollars) (in units) 8.3.5.3.4. Others, 2020-2030 (millions of US dollars) (units) 8.3.5.4. Industry, 2020-2030 (in millions of dollars) (in units) 8.3.5.4.1. Railway, 2020-2030 (in millions of dollars) (in units) 8.3.5.4.2. Cement, 2020-2030 (in millions of dollars) (in units) 8.3.5.4.3. Electricity in 2020-2030 (in millions of dollars) (in units) 8.3.5.4.4. Oil and gas, 2020-2030 (in millions of dollars) (in units) 8.3.5.4.5. Others, 2020-2030 (millions of dollars) (unit)
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