Report Highlights
The global market for electrical transformers will grow from 515,788 units in 2016 to 738,373 units by 2021 with a compound annual growth rate (CAGR) of 7.4% for the period of 2016-2021.
Report Includes
- An overview of the global markets for transformers.
- Analyses of global market trends, with data from 2015, 2016, and projections of compound annual growth rates (CAGRs) through 2021.
- Information on transformers regarding their different types and technologies employed, as well as information on the manufacturing process for transformers.
- Assessments of the regulatory standards in the U.S. and European Union considering the continuous pressures of increasing energy costs.
- Analysis of key trends as well as challenges the market for transformers faces.
- A look at the supplier landscape as well as profiles of major players in the field.
Report Scope
This report has a broad scope and covers many types of transformers used globally. The market for transformers is broken down by type of electric transformer, region and power rating. The report provides revenue forecasts from 2016 to 2021 for each major type of transformer, power rating and regional market.
The report also includes a discussion of the major players in each regional market for transformers. It explains the major market drivers of the global transformer industry, the current trends within the industry, major industry challenges and the regional dynamics of the market. The report concludes with a special focus on the supplier landscape. It includes detailed profiles of the major vendors in the global transformer industry and discusses the market share of these players by region. Estimated values provided are based on manufacturers’ total revenues.
Analyst Credentials
Aneesh Kumar has been a project manager and partner with BizImpact Knowledge Services, LLP, a market research and services company primarily focused on opportunities in science and technology, since 2011. Kumar manages a team focused on global market research projects, primary interviews and market forecasting. He holds a BBA from the Institute of Chartered Financial Analysts of India and is a member of the Indo-German Chambers of Commerce.
Report Highlights
BCC Research estimates the global market for transformers totalled $31.5 billion in 2013. The market should reach $33.9 billion in 2014 and $48.3 billion in 2019, registering a compound annual growth (CAGR) of 7.3% over the next five years.
Report Includes
- An overview of the global markets for transformers.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Information on transformers regarding their different types and technologies employed, as well as information on the manufacturing process for transformers.
- Assessments of the regulatory standards in the U.S. and European Union considering the continuous pressures of increasing energy costs.
- Analysis of key trends as well as challenges the market for transformers faces.
- Comprehensive profiles of major players in the field.
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