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New Research Study “”Power Transformer Market 2022 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities), Size, Share and Outlook“” has been added to Coherent Market insight

A transformer is a small electrical device that is primarily used to transform energy from one voltage to another via electromagnetic induction. The power conversion is normally accompanied by no frequency modulation. In a modern electronic system, therefore, the term power transformer comes to mean a series of AC supplies of various voltages and proper polarity, which can be easily acquired from the public utility power supply for an affordable price. These transformers are also used for industrial and automotive purposes where high alternating currents are required. These power transformers are now available in different specifications for different application areas. Some are designed for single-ended and multiple-ended configurations and have input/output terminals configured in different ways.

According to our (Coherent market insights) latest study, due to COVID-19 pandemic, The global Power Transformers market was valued at US$ 28.69 Bn in 2019 and is forecast to reach a value of US$ 51.94 Bn by 2027 at a CAGR of 7.7% between 2020 and 2027.

Increasing modernization of existing power grids is expected to drive growth of the global power transformer market. Governments of many countries are focused on modernizing existing power grids, in order to minimize the latency of power supply and enhance the efficiency of grids. For instance, in March 2019, GE Renewable Energy received a technology-driven grid modernization project by Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPL) as a part to augment renewable energy in the state. Furthermore, in December 2020, Hitachi ABB Power Grids launched RTU530, a new Remote Terminal Unit (RTU), with faster processing capabilities and a user-friendly interface. Thus, such factors are expected to drive growth of the global power transformer market. Furthermore, rapid growth of the renewable energy sector is expected to propel the global power transformer market growth in the near future.

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High initial cost and lack of standardized products worldwide are expected to restrain growth of the global power transformer market. However, the deployment of green transformers combined with expanding cross-border electricity trade can present lucrative growth opportunities in the global power transformer market in the near future. Among regions, Asia Pacific is expected to witness significant growth in the global power transformer market. This is owing to rapid economic development and growing need for uninterrupted and reliable power supply in the region. Furthermore, North America is expected to register a robust growth rate, owing to increasing modernization and industrialization in the region.

In addition to discussing development policies and plans, manufacturing procedures and cost structures are also analyzed. Additionally, this report includes data on supply and demand, import/export consumption, cost, price, income, and gross margins.

The report’s 130 Pages provide important facts about the industry’s state and are a great resource for businesses and direction for companies and individuals interested in the market

Major Key players in this Market:

◘ ABB Ltd. ◘ Toshiba Corp. ◘ Alstom SA ◘ Siemens Energy ◘ Bharat Heavy Electricals Limited ◘ Mitsubishi Electric Corporation ◘ Hyosung Power & Industrial Systems Performance Group ◘ Hitachi ◘ Hyundai Heavy Industries Co. Ltd. ◘ GE Co. ◘ Crompton Greaves Ltd.

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Global Power Transformer Market, By Power Rating:

◘ 100 MVA to 500 MVA ◘ 501 MVA to 800 MVA ◘ 801 MVA to 1200 MVA

Market segment by Region/Country including:

– North America (United States, Canada and Mexico) – Europe (Germany, UK, France, Italy, Russia and Spain etc.) – Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.) – South America (Brazil, Argentina and Colombia etc.) – Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

Reasons to buy the report:

○ To provide a comprehensive picture of the Power Transformer  market, illustrative segmentation, analysis, and forecasting of the market have been undertaken based on  type, offering, deployment, process, industry, and region.

○ In order to offer comprehensive insights into the Power Transformer  market, a value chain analysis has been completed.

○ This study provides an in-depth analysis of the Power Transformer  market’s major drivers, restraints, opportunities, and challenges.

○ The study includes important participants, a comprehensive analysis of their income streams, and a full competitive landscape of the market.

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Table of Contents with Major Points:

1 Industry Overview 1.1 Basic Information of Power Transformer 1.1.1 Definition of Power Transformer 1.1.2 Classifications of Power Transformer 1.1.3 Applications of Power Transformer 1.1.4 Characteristics of Power Transformer 1.2 Development Overview of Power Transformer 1.3 Enter Barriers Analysis of Power Transformer

2 Power Transformer International and China Market Analysis 2.1 Power Transformer Industry International Market Analysis 2.1.1 Power Transformer International Market Development History 2.1.2 Power Transformer Competitive Landscape Analysis 2.1.3 Power Transformer International Main Countries Development Status 2.1.4 Power Transformer International Market Development Trend 2.2 Power Transformer Industry China Market Analysis 2.2.1 Power Transformer China Market Development History 2.2.2 Power Transformer Competitive Landscape Analysis 2.2.3 Power Transformer China Main Regions Development Status 2.2.4 Power Transformer China Market Development Trend 2.3 Power Transformer International and China Market Comparison Analysis

3 Environment Analysis of Power Transformer 3.1 International Economy Analysis 3.2 China Economy Analysis 3.3 Policy Analysis of Power Transformer 3.4 News Analysis of Power Transformer

4 Analysis of Revenue by Classifications 4.1 Global Revenue of Power Transformer by Classifications 2022-2030 4.2 Global Revenue Growth Rate of Power Transformer by Classifications 2022-2030 4.3 Power Transformer Revenue by Classifications

5 Analysis of Revenue by Regions and Applications 5.1 Global Revenue of Power Transformer by Regions 2022-2030 5.2 2022-2030 USA Revenue and Revenue Growth Rate of Power Transformer 5.3 2022-2030 Europe Revenue and Revenue Growth Rate of Power Transformer 5.4 2022-2030 Japan Revenue and Revenue Growth Rate of Power Transformer 5.5 2022-2030 China Revenue and Revenue Growth Rate of Power Transformer

6 Analysis of Power Transformer Revenue Market Status 2022-2030 6.1 Revenue of Power Transformer 2022-2030 6.2 Revenue Market Share Analysis of Power Transformer 2022-2030 6.3 Revenue Overview of Power Transformer 2022-2030 6.4 Gross Margin of Power Transformer 2022-2030

8 Sales Price and Gross Margin Analysis

9 Marketing Trader or Distributor Analysis of Power Transformer

10 Development Trend of Power Transformer Industry 2016-2021

11 Industry Chain Suppliers of Power Transformer with Contact Information

12 New Project Investment Feasibility Analysis of Power Transformer

13 Conclusion of the Global Power Transformer Industry 2015 Market Research Report

Mr. Shah US +12067016702 / UK +4402081334027 Email: [email protected]

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