Market World Pad-mounted Transformers Market Trends | Page 2
>1MVA with only industrial sector utilizing transformer rating of >1MVA hence consumer strength is
comparatively smaller than that for <1MVA.
Pad-mounted transformers are rulers in this segment with only one other transformer type
available and are a near market monopoly. The other category of transformer is pole mounted
transformer. The pad-mounted transformer is the largest transformer by market share in
distribution transformer market. Pad-mounted transformers are set to lead industrial applications in
this category during forecast period due to ground distribution loads and renewable energy
installations.
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Advantages of pad-mounted transformers are equivalently greater than pole mounted transformers
with pole mounted having drawbacks of its own, not present in pad mounted transformers. Pad-
mounted transformers are technologically superior to pole mounted transformers with higher rating
at the behest of pad mounted transformers. Thus pad-mounted transformers be held as the best
available technologically. Three-phase pad-mounted transformers have higher applicability and
compatibility with three phase power supplies giving more potential leverage thus driving three-
phase pad-mounted transformers market.
Asia pacific is slated to rank highest with rapid industrialization in India, China, and Malaysia that
will drive market growth in Asia Pacific. Segmentation of pad-mounted transformers market by
rated power type includes <1MVA and >MVA. Segmentation of pad-mounted transformers by phase
includes single-phase and three-phase. Segmentation of pad-mounted transformers by insulation
includes dry-type and liquid- immersed. Segmentation of pad-mounted transformers by end-user
includes residential, commercial and industrial.
Segmentation of pad-mounted transformers industry by geographical regions includes North
America, Europe, Asia pacific, MEA and Latin America. The key players in the pad-mounted
transformers market include ABB Ltd, Eaton Corporation, Schneider Electric, Siemens AG, and GE.
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Market Segment: