ABB, Alstom & Siemens dominate distribution transformer market
Ireland, Dublin: Research and Markets has announced the addition of the 'Global Distribution Transformer Market 2014-2018' report to their offering.
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Ireland, Dublin: Research and Markets has announced the addition of the ‘Global Distribution Transformer Market 2014-2018’ report to their offering.
Acording to the report, the global distribution transformer market will grow at a CAGR of 5.30% to 2018. The report covers the present situation and the growth prospects of the global distribution transformer market during the period 2014-2018.
One of the major trends emerging in this market is increase in power generation and distribution capacity as the demand for power is on the rise especially in developing countries such as China, India, Russia, and Brazil, reports Business Wire.
The report also states that the market faces fluctuating raw material prices. Key vendors mentioned are ABB, Alstom and Siemens.
Source: Business Wire
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