Global Power Transformer Market Research Report - Forecast to 2023

Published - Sep 2018 | Category - Energy and Power | No. of Pages - 90 | Published By - Market Research Future

The global power transformer market is expected to grow and register a CAGR of 8.65% over the forecast period. Some of the prominent drivers supporting the growth of global power transformer market are rise in transmission and distribution infrastructure investments and growth in renewable energy sector. However, high initial costs of power transformeris the restraining factor for the power transformer market.

The key players of the Global Power Transformer Market are ABB Ltd., (Switzerland), Schneider Electric (France), Siemens AG (Germany), Crompton Greaves Ltd. (India), Mitsubishi Electric Corporation (Japan), Toshiba Corporation (Japan), Bharat Heavy Electricals Limited (India), Hyosung Power & Industrial Solutions (South Korea) and SPX Transformer Solutions, Inc. (U.S.), SGB-SMIT Group (Germany), and Hyundai Electric & Energy Systems Co., Ltd. (South Korea).


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