The distribution transformer market is segmented based on field of usage( power transformer for transmission network, distribution transformer for distribution network, power supply, isolation, rectifier, and others); number of phases( single phase and multi-phase); installation location( overhead distribution systems, underground or above ground vaults, pad mounts, and interior installation); and region( North America, Latin America, Europe, Middle East & Africa, and Asia Pacific).
Distribution Transformer Market: Region-wise outlook
The global distribution market is driven by the increasing need for power across the globe. North America and Europe are the major markets for distribution transformers due to large per capita electricity consumption in these regions. The market in Asia Pacific is poised to gain momentum and outperform North America and Europe in terms of size.
Distribution Transformer Market: Key Players
Key players operating in the distribution transformers market include ASEA Brown Boveri, Aston Transformers A. S., Bemag Transformers, BHEL( Bharat Heavy Electricals Ltd), Bowers Electricals, Siemens AG, Crompton Greaves, Daihen Corporation, and Diamond Power Infrastructure Ltd.
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