Power Transformer Market, By Cooling Type, by Power Rating Forecast - Power Transformer_pdf. | Page 3

Power transformer market Research Report- Forecast to 2022
2 Market Overview: -
The need for uninterrupted electricity supply is growing because of the rise in world population and rapid
industrialization. Power outages, which can severely affect productivity & the daily lives of people, and
the current necessity for up gradation of existing transmission infrastructure, are driving the market for
power transformer, which act as reliable electricity transmission solution.
Currently, the power transformer market is in the growth stage. This is due to the increase in demand for
power, and in cross-border power transmission, global initiatives to use more renewable & non-
conventional energy sources, smart grids, and the global need to upgrade transmission grids, boost the
global power transformer market.
Intended Audience:
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Distributer & Supplier companies
End Users
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities
Product Analysis:
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Product matrix which gives a detailed comparison of the market for different recycled product
types
Additional Information:
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Regulatory Landscape
Pricing Analysis
Macroeconomic Indicators
Market Research Analysis: -
Asia-Pacific region is expected to grow at the fastest rate
The power transformer market in the Asia-Pacific region is currently leading and is followed by Europe
market. The rapid industrial development in the countries such as India and China, where there are issues
with continuous electricity supply, is driving the market for power transformers. Also R&D and utilization
of ultra-high voltage transformers in China and India will drive power transformer market.
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