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The global distribution transformer market is anticipated to grow at a CAGR of 7 % during the forecasted period of 2016-2023. A distribution transformer is a transformer that provides final voltage transformation in the electric power distribution system. Refurbishment of existing power infrastructure, capacity addition plans and smart grid initiatives are some drivers for the global distribution transformer market. While standardization of equipment is the restraint for the market but there are few more factors which acts as opportunities for this market such as digital transformation of utilities and growing renewable generation.
Source: OBRC Analysis
The global distribution transformer market is segmented into type, mounting, power rating and phase. On the basis of type segment, market is sub segmented into:
On the basis of mounting segment, market is sub segmented into:
On the basis of power rating, the market is sub segmented into:
On the basis of phase segment, market is sub segmented into:
The report scope is widely categorized on the basis of type which includes dry and oil-filled distribution transformer. However, the deployment of these distribution transformers has been excluded from the report.
Geographically, the global distribution transformer market has been segmented on the basis of four major region, which include:
Asia-Pacific held the major market share within market of distribution transformer, followed by North America and Europe. The China has seen great growth in the demand for electricity in the last couple of decades, owing to high levels of infrastructural developments and industrialization. The figure which are given indicates the size of market of many regions by 2023, with their respective CAGRs. Asia-Pacific is anticipated to dominate the market, due to factors like developing power growing industrial expenditure, T&D infrastructure, and demand for refurbishing aging distribution transformers. According to Research Institute of Electric Power, demand of power in India is likely to be double by 2025.
Based on type segment the market is classified into dry and oil-field. The distribution transformer market has also been classified based on mounting type into pad –mounted, pole-mounted and underground vault of which pad-mounted transformer dominates the market due to its wide applications in ground distribution loads as well as their utilization for application in renewable energy installation. On the basis of power rating the market is classified into up to 500 KVA, 501-2500 KVA, 2500-10000 KVA and above 10000 kva of which 2501-10000 kva dominates the market due to its wide applications in industrial and commercial sectors.
The major market players of the global distribution transformer market are:
Detailed analysis of these companies provided in this report comprises Overview, SCOT Analysis, Product Portfolio, Strategic Initiative and Strategic Analysis.
These companies using various strategies such as merger & acquisition, collaboration, partnership and product launching. Example: On March 2017, ABB Ltd launched world’s first digital distribution transformer. These digital distribution transformers facilitate better asset management while enhancing reliability and optimizing costs. This latest innovation extends our digital portfolio and ABB Ability based offering, and reinforces our position as the world’s leading transformer manufacturer.
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At Occam’s we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global distribution transformer market offers the longest chain of market segmentation based on type, mounting, power rating and phase. The report tracks the major market trends in the global distribution transformer market such as rising demand of power. For each market segments covered in global distribution transformer market report, we provide opportunity matrix, and DRO analysis, that enable the clear growth assessment across each market segment. The report discusses competitive landscape of the global distribution transformer industry, with giving extensive strategy analysis of more than 15 companies.. Moreover, the report discusses various models such as 360 degree analysis, See Saw analysis, and Porter five force model . For the high level analysis in the report we provide a comparative analysis of historic and current year data.
Key Findings of the global distribution transformer market:
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LIST OF FIGURES