Christy Publications Transformer Breathers Market | Page 2

according to Enerdata’s Global Energy report, global electricity production reached to 24,659 T Wh in 2016, up from 24,107 TWh in 2015. More Power Generation will require expansion of Transformation and Distribution (T&D) Network, which in turn is expected to increase installation of transformers. Breathers are an integral part of power transformers and distribution transformers. The transformer breather is a cylindrical vessel connected at one end of the bend pipe extending from the conservator of an oil immersed transformers. Breathers allow the air to flow outwards via breathers during over loading and outside air to comes in during lite load. But moisture present in the outside air deteriorates the oil contained in the transformers. This is where Breathers play an important role. Transformer Breathers Market: Regional Insight On the basis of region, the transformer breathers market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Asia Pacific is the anticipated to be the largest market for transformer breathers, owing to growth of power sector in the region. Emerging economies such as China and India are expected to be the major contributors for growth of the transformer breathers market, owing to growth of power sector in the region. For instance, according to Enerdata’s Global Energy, China and India accounted for the 2/3 of global electricity production rise in 2016. Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1932 China had the highest electricity production of 6,015 TWh, which accounted for 24.39% of the total electricity production in the world. Moreover, Government investments in power sector in Asia pacific Region is expected to increase the number of power generation and distribution units. Initiatives taken by government for growth of the renewable energy generation is expected to fuel growth of the transformer breathers market, as more means of energy generation will lead to implementation of more number of power and distribution transformers. For instance, according to the India Brand Equity Foundation (IBEF), June 2018, World’s largest solar park named ‘Shakti Sthala’ was launched in Karnataka in March 2018, with an investment of US$ 2.55 billion. Solar sector in India received funding of over US$ 10 billion in 2017. Thus, Growth in the power generation is expected to increase the installation of transformer, which in turn is expected to fuel growth of the transformer breathers market.