Reports and Intelligence adds a report titled “Global Power Transformers Market (Power Rating Analysis, Types, Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020.”
Power transformers are used to transfer electricity from one electrical circuit to another. It is an important component of the overall electricity market. The report states that the global electricity market is expected to reach $3,214 billion by 2015. Also, the global demand for electricity is expected to grow by 40% during 2012-2040, which is projected as the major driving factor for the global power transformers market.
The global power transformer market faces the challenge of power loss in distribution. However, the need emerging trends of smart grids across the globe would be helpful in overcoming the disadvantage of power loss while distribution. The power loss in developing economies is higher as compared to the developed ones. On the contrary, the smart grid adoption rate is higher in developed economies than developing economies. This creates high potentials form manufacturers to explore the developing regions across the globe.
The report consist of a wide range of data and segments such as types application, technology , geographies, competitive landscape and growth prospects of the global market. On the basis of power rating, the power transformers market report analysis the market into three segments i.e. 00 MVA to 500 MVA, 501 MVA to 800 MVA and 801 MVA to 1200 MVA.
The major end-user of the reports are power transformer manufacturers and research organizations who could attain significant knowledge of the global market dynamics and future trends. On the basis of types, power transformer market consist of Autotransformer, Induction regulator, Resonant transformer, Ferrite