Market research Future Distribution Transformer Market Research Report. | Page 2

Distribution Transformer Market Research Report- Forecast to 2022
1 Summary
Global Distribution Transformer market is growing with the rapid pace; mainly due to advancement in
technologies. According to a recent study report published by the Market Research Future, The global
market of Distribution Transformer is booming and expected to gain prominence over the forecast
period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth
records in terms of value with a striking CAGR during the estimated period (2017 – 2023).
Key Players:
The key players of global distribution transformer market include ABB Ltd. (Switzerland), Siemens
AG (Germany), Crompton Greaves Limited (India), General Electric (U.S.), Eaton Corporation Plc.
(Ireland), Bharat Heavy Electricals Ltd (India), Diamond Power Infrastructure Ltd (India), Bemag
Transformer Inc. (Canada), and Bowers Electricals Ltd (U.K.)
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