Liquid-immersed Transformers Market Scrutinized in
New Research Along With World's Top Player Analysis
Liquid-immersed Transformers Market study provides key insights about
market drivers, restraints, opportunities, new product launches or
approval, regional outlook, and competitive strategies adopted by the
leading players.
Transmission and distribution of electrical energy from power generating sources to user end
requires step-up and step-down of voltages at different ends that necessitate the utilization of
transformers at every stage. Moreover, requirement to reduce the transmission losses and short
circuit in high voltage transmission, liquid-immersed transformers that have mineral oil as an
electric insulating medium to act as an arc-quenching medium and provide optimum operational
temperature range are expected to drive the industry growth through the forecast period.
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Increasing demands for electrical energy and proliferating energy generating capacities of
renewable sources are expected to fuel the industry growth
According to International Energy Outlook 2016, by U.S. Energy Information Administration,
world energy consumption is expected to witness surge of over 48% by 2040, with China and
India accounting the major share of the increased demands. Moreover, increasing reliance on
renewable fuels that include solar, wind, hydroelectric, and geothermal are among the major