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Global Distribution Transformers Market Report 2021-2027: Market to Reach $19.7 Billion - Market Fortunes Intrinsically Linked to T&D Network Trends

Dublin, Aug. 26, 2021 (GLOBE NEWSWIRE) -- The "Distribution Transformers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Distribution Transformers Market to Reach $19.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Distribution Transformers estimated at US$17.4 Billion in the year 2020, is projected to reach a revised size of US$19.7 Billion by 2027, growing at a CAGR of 1.8% over the period 2020-2027.

Oil Filled, one of the segments analyzed in the report, is projected to record 1.7% CAGR and reach US$17.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Dry Type segment is readjusted to a revised 2.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4.7 Billion, While China is Forecast to Grow at 3.5% CAGR

The Distribution Transformers market in the U.S. is estimated at US$4.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2027 trailing a CAGR of 3.5% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.2% and 1.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.7% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Distribution Transformers: Meeting the Distribution Needs of the Evolving Electric Power Industry

  • Recent Market Activity

  • Deregulation and Its Impact on Power Sector: An Insight

  • Market Fortunes Intrinsically Linked to T&D Network Trends

  • Spiraling Energy Consumption and Equally Robust Electric Power Production Drives the Need for Efficient Power Distribution

  • T&D Technology Evolves over the Years to Suffice Surging Demand

  • Global Market Outlook

  • Stable Economic Scenario to Augment Market Prospects

  • Impact of Covid-19 and a Looming Global Recession

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2. FOCUS ON SELECT PLAYERS (Total 145 Featured)

  • ASEA Brown Boveri (ABB) (Switzerland)

  • ASTOR TRANSFORMER A.S (Turkey)

  • Bharat Heavy Electricals Limited (India)

  • Bowers Electricals (UK)

  • Crompton Greaves Ltd. (India)

  • DAIHEN Corporation (Japan)

  • Diamond Power Infrastructure Limited (India)

  • Eaton Corporation plc (Ireland)

  • EFACEC Group (Portugal)

  • EMCO Ltd. (India)

  • Emerson Electric Co. (USA)

  • Appleton Group (USA)

  • ETEL Transformers Pty Ltd. (Australia)

  • Federal Pacific (USA)

  • General Electric Company (USA)

  • Hammond Power Solutions, Inc. (Canada)

  • Howard Industries, Inc. (USA)

  • Hubbell Incorporated (USA)

  • Hyosung Power & Industrial Systems Performance Group (South Korea)

  • Hyundai Heavy Industries Co., Ltd. (South Korea)

  • Imefy Group (Spain)

  • IMP Power Limited (India)

  • JSHP Transformer (China)

  • Kirloskar Electric Company Limited (India)

  • KONCAR - Elektroindustrija d.d. (Croatia)

  • Marsons Limited (India)

  • MGM Transformer Company (USA)

  • Mitsubishi Electric Corporation (Japan)

  • Ormazabal Cotradis (Spain)

  • Pioneer Power Solutions, Inc. (USA)

  • Bemag Transformer (Canada)

  • Jefferson Electric (USA)

  • Harmonics Limited (USA)

  • Schneider Electric SE (France)

  • SGB-SMIT Group (Germany)

  • Shihlin Electric & Engineering Corporation (Taiwan)

  • Siemens AG (Germany)

  • Tebian Electric Apparatus Stock Co., Ltd. (TBEA) (China)

  • Technical Associates Ltd. (India)

  • VanTran Industries, Inc. (USA)

  • Wilson Power Solutions (UK)

  • Wilson Transformer Company (Australia)

3. MARKET TRENDS & DRIVERS

  • Surging Demand for Smart Transformers Drive Steady Market Growth

  • Smart Transformers for Smarter Power Transmission and Distribution

  • Traditional Vs. Smart Transformers: A Comparison

  • Smart Transformers for Effective Power Loss Management

  • Smart Distribution Transformers: Vital to Asset Monitoring

  • Spiraling Smart Grid Technologies Spend: An Important Opportunity Indicator for Smart Transformers

  • Distribution Transformers with On-Load Tap Changers to Play Critical Role in Smart Grids

  • Major Applications of Smart Transformers in the Smart Grid

  • Connection between LV and MV Grids

  • Connection between Loads and MV Grid

  • Application between Distribution Grids

  • Application between Power Generation Source and Distribution Grid or Load

  • Interface for Smart Grids and Distributed Generation

  • Growing Need for Energy Savings Drive Demand for Higher Efficiency Distribution Transformers

  • Huge Savings Potential of Higher Efficiency Distribution Transformers

  • Key Barriers to Adoption of Higher Efficiency Distribution Transformers

  • The Integrated Policy Approach for Transition to Higher Efficiency Distribution Transformers

  • Efforts for Making Energy Performance of Distribution Transformers More Visible

  • Universal Adoption of MEPS Needed for More Savings

  • Economic Incentives Encourage Distribution Networks to Adopt Higher Efficiency Transformers

  • Need for Policy Frameworks

  • Public Policies Concerning Transformers at the Product, Utility and Market Levels

  • Surging New Capacity Additions: A Business Case for the Power Distribution Industry

  • Upgrades & Expansion Projects Drive Strong Demand in Asian Countries

  • Rural Electrification Promote Market Adoption

  • Developed Markets Dependent on Replacement and Upgrades Demand

  • Steady Demand from Industrial, Commercial & Residential Sectors Lend Traction to Market Growth

  • Positive Outlook for the Global Construction Industry Benefits Market Expansion

  • Disruptions in Transmission and Distribution Provide Opportunities

  • Stabilizing Regulatory Environment Benefits Market Expansion

  • Implementation of Energy Efficiency Standards Bodes Well for the Market

  • Growing Threat of Global Warming Stokes Demand for Green Distribution Transformers

  • Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries

  • Green Transformer Program Supports Environmental Protection

  • Benefits of Low-Loss Transformers

  • Transformers Going Green, Ester Used for Insulation Purposes

  • Advantages of Natural Ester Fluid

  • Natural Ester Fluid-Based Amorphous Transformers

  • Energy Losses during Electricity Distribution Reinforces the Need for Efficient Equipment

  • Favorable Demographic and Urbanization Trends Strengthens Market Prospects

  • Ballooning Global Population

  • Exponential Increase in Global Urban Population

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/1lu2nk

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900