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Asia Pacific Distribution Transformer Market Forecast 2019-2027

KEY FINDINGS

Increasing power infrastructure in Asia-Pacific countries is driving the market for distribution transformers. Over the forecast period of 2019-2027, the Asia-Pacific distribution transformers market is expected to evolve with a CAGR of 8.14%.

MARKET INSIGHTS
The Asian countries are conducting pilot tests and have started rolling out smart energy sensors which coupled with the increasing deployment of smart sensors, smart meters, and other networking hardware and software technologies in the region is likely to propel the market growth. The market is segmented on the type of mounting (pad, pole, and underground vault), type of insulation (oil filled, dry) and by phase (single and three). Factors like difficult maintenance activities and operating circumstances that are complicated to re-establish the situation back to the normal condition are major restraints faced by the market.

COMPETITIVE INSIGHTS
Major companies engaged in this market include Ormazabal Velatia, Crompton Greaves Ltd., Kirloskar Electric Company Limited, Schneider Electric, ABB Ltd., Hammond Power Solutions, Inc., Bowers Electrical Ltd., Areva SA, Emerson Electric Co., Wilson Power Solutions, Celme S.r.l., Starkstrom Gerätebau GmbH, Hitachi Ltd., General Electric, Siemens AG, Hyosung Corporation, Brush Electrical Machines Ltd., Lemi Trafo JSC, Eaton Corporation PLC, among others.
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Asia Pacific Distribution Transformer Market Forecast 2019-2027
Published By :Inkwood Research
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