Energy and Power Power Transformer Market | Page 2

Browse 67 market data tables with 38 figures across 157 pages and in-depth TOC
on “Power Transformer Market - Global Trends & Forecasts to 2020"
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Power Transformer Market Study Includes:
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This research study involves the extensive usage of secondary sources, directories, and
databases (such as Hoovers, Bloomberg, Businessweek, Factiva, and OneSource) to identify
and collect information useful for this technical, market-oriented, and commercial study of
the power transformer market.
In-depth interviews have been conducted with various primary respondents that include
key industry participants, subject matter experts, C-level executives of key market players,
and industry consultants among other experts.
The market for the power transformer report was arrived at by using regional data for the
T&D expansion projects and the relative investments in the T&D sector. Finally, the global
values were arrived at by adding the power transformers markets for individual regions.
After arriving at the overall market size, the total market has been split into several
segments and subsegments. In order to complete the overall market engineering process
and arrive at exact statistics for all the segments and subsegments, the data triangulation
and market breakdown procedure has been employed, wherever applicable.
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transformers-market-128022787.html
Grid stability and reliability have driven new investments and overall spending in the transmission
and distribution markets, with fewer major outages occurring in recent years. Despite a strong
focus on grid infrastructure renewal, especially in Europe, there has also been significant
expansion of the grid network. In 2011, the total installed transmission and distribution line
length reached 69.5 Million kilometers; in 2016, that figure is set to reach 74.2 Million kilometers.
In 2011, Capital Expenditure (CAPEX) in transmission and distribution rose to USD 190.21 Billion,
and is forecast to increase to USD 231.83 Billion by 2016.
Asia-Pacific was the largest market for power transformers in 2014, and is expected to dominate
the market till 2020. Europe is the second largest market, partly due to the replacement of aging
infrastructure activities going on in the region. Meanwhile, Asia-Pacific is also the fastest growing
market for power transformers, as the region is witnessing some of the largest T&D expansions
being carried out due to rapidly increasing demand in countries such as India and China.
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