New global power transformers market report announced
USA, Oregon: Reports and Intelligence has announced 'Global Power Transformers Market (Power Rating Analysis, Types and Geography) – Global Trends, Segmentation and Forecast, 2013 – 2020).
USA, Oregon: Reports and Intelligence has announced ‘Global Power Transformers Market (Power Rating Analysis, Types and Geography) – Global Trends, Segmentation and Forecast, 2013 – 2020).
According to the report, the global electricity market is expected to attain revenue of $3,214 billion by 2015 so transformers market can expect to attain respectable market share. As a major driver for the market, the global electricity demand is expected to grow by 40% between 2010 and 2040, reports Sys-Con Media.
The reports focuses on loss of power in distribution as one of the major restraints for the growth of the market. There is a high scope for developing smart grids to overcome the challenge of power loss. Smart grids are being deployed in advanced countries but developing countries present the best opportunities for key players to develop smart grids.
Some of the key companies mentioned are ABB Ltd., Crompton Greaves Ltd., Alstom SA, BHEL, Toshiba Corp, General Electric Co. and Hyosung Power & Industrial Systems.
Source: Sys-Con Media
#2013 – 2020#Global Power Transformers Market (Power Rating Analysis#global transformers market#Power transformer market#power transformer trends#power transformers market#Segmentation and Forecast#Types and Geography) – Global Trends