PUNE, India -- New research titled Power Transformers Market, Update 2015 - Global Market Size, Equipment Market Share and Key Country Analysis to 2020 states that growth will primarily be driven by extensive power plant capacity additions, economic growth, and the need to improve access to electricity in emerging economies, such as Asia-Pacific and the Middle East.
The value of the global power transformers market will increase from $11.3 billion in 2015 to $14 billion by 2020, driven by the nine major markets of the US, China, India, Saudi Arabia, Brazil, Japan, Germany, Canada and the UK. The analyst says that the while there have been comparatively few new power transformer installations in North America and Europe, aging equipment and grids provide major opportunities for companies in the power transformer replacement segment. The European Union's plans to strengthen individual countries' power grids and establish a pan-European grid will also be a strong driver for the market, as it involves substantial investment in power transformers.
The report gives detailed information on the current power transformer market, focusing on key countries, as well as covering the global scenario. The report analyzes the revenues, average price and volume by power transformers used by various voltage line segments for the key nine countries in the market. The market shares for the key players in each country have been provided. At global level, the drivers and restraints of the market is also provided. The report is built using data and information sourced from primary and secondary research and in-house analysis by a team of industry experts. Order a copy of Power Transformers Market, Update 2015 - Global Market Size, Equipment Market Share and Key Country Analysis to 2020 market research report at http://www.marketoptimizer.org/contacts/purchase?rname=47762 .
The report analyses global power transformers market with an in-depth analysis of the power transformer market in China, US, India, Saudi Arabia, Brazil, Japan, Germany, Canada and UK. It covers average price, volume (in terms of MVA) and market size for the period from 2006 to 2020 for power transformers and market share of players/leading players for power transformers in 2014 is provided. It also discusses the key drivers and restraints impacting the global power transformer market.
The European Union's plans to strengthen individual countries' power grids and establish a pan-European grid will also be a strong driver for the market, as it involves substantial investment in power transformers. This report also states that the power transformers market faces increasing fragmentation, as even major companies possess single-digit shares of the global market.
Complete report on Global Power Transformers Market, Update 2015 spread across 191 pages, supported with 62 tables and 77 figures is now available at http://www.marketoptimizer.org/power-transformers-market-update-2015-global-market-size-equipment-market-share-and-key-country-analysis-to-2020.html
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