The global distribution transformer market was valued at $12.78 B in 2016 and is projected to reach $22.49 B by 2025, growing at a CAGR of 6.48 % from 2017 to 2025, according to the Verified Research report.
Distribution transformer market was valued at $13.9 B in 2017 and is projected to reach $22.86 B by 2025, growing at a CAGR of 7.4% from 2018 to 2025.
USA, San Francisco: According to a new study by Grand View Research, Inc., the Middle East distribution transformer market is expected to reach $3.59 billion by 2022.
USA, Florida: Market Research Store has announced a new report “Transformer market in India 2015-2019”, which analyses the distribution transformer and power transformer markets in India.
USA, California: Global Industry Analysts Inc. published a research titled ‘Distribution Transformers: A Global Strategic Business Report’ which provides market review, trends, drivers, mergers, acquisitions and other strategic industry activities.
Ireland, Dublin: Research and Markets has announced the addition of the ‘Global Distribution Transformer Market 2014-2018’ report to their offering.
United Kingdom, Devon: StatPlan has published new report ‘The Global Market for Transformers 2014 – 2050’ highlighting total installed base of power transformer units to increase by 57,000 between 2015 and 2020, and the installed base of distribution transformer units to increase by 9.6 million in the same period.
The new market research report on Distribution Transformers recentaly stated that Asia-Pacific represents the largest and the fastest growing market worldwide. The market is also going to be influenced by the Middle East “clean energy“ and concerns over improving energy efficiency whilst considering carbon emissions. Energy-efficient materials are already being used in transformer components by the leading manufacturers.