Global Power Transformers Market is Expected to Reach $38.23 billion by 2023

Report Sellers has added a new market research report “Power Transformers - Global Market Outlook (2017-23)” to its offerings.

According to Report, Global Power Transformers Market is estimated at $21.56 billion in 2016 and is expected to reach $38.23 billion by 2023 growing at a CAGR of 8.5% from 2016 to 2023. Innovation of existing power grids, rising demand for energy, positive regulatory scenario and increasing demand for smart transformers are some key factors fostering the market growth. However, factors such as fluctuation in the prices of components, standardization issues and lack of skilled manpower are restricting the market growth.

Amongst Rating, 100 MVA to 500 MVA segment is projected to lead the industry over the forecast period due to its diverse usage in distribution and transmission network for the step-down and step-up application. By Cooling Type, oil-cooled power transformer segment is anticipated to register a larger market share. The growth for this segment is attributed to the fact that oil-cooled power transformers are considered safer while dealing high voltage applications. Asia-Pacific held the largest market share and is likely to dominate the market. The growth for this region is mainly due to the improving infrastructure and surge in government investments to boost the installed capacity across the countries including India and China power transformer market.

Some of the key players in the market include Toshiba Corporation, SPX Corporation, Siemens AG, SGB-SMIT International GmbH., Mitsubishi Electric Corporation, Hyundai Heavy Industries Co. Ltd., Hyosung Power & Industrial Systems Performance Group, General Electric Co, Crompton Greaves Ltd., Bharat Heavy Electricals Limited, ASEA Brown Boveri Group, Alstom SA and ABB Ltd. 

Browse through the complete description and in-depth TOC on “Global Power Transformers Market”
https://www.reportsellers.com/market-research-report/Power-Transformers---Global-Market-Outlook-2017-2023     

What does the Report Offers

Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends

Report Scope

Global Pressure Sensitive Adhesives Market has been segmented by polymer types covered, technologies covered, products covered, end users covered and regions covered

Polymer Types Covered:
Polyamide 
Ethylene-vinyl acetate (EVA) 
Acrylic 
o Solvent-Based Acrylic PSA
o Water-Based Acrylic PSA
Polyolefin 
Polyurethane (PUR and PU) 
Silicone 
Polyester 
Rubber 
o Synthetic Rubber
o Natural Rubber
Elastomers 
Other Polymer Types 
o Hybrid PSAs
o Polyurethanes
o Hydrophilic PSA

Technologies Covered:
Solvent-Based PSA 
o Two-Component Solvent-Based PSA 
o One-Component Solvent-Based PSA 
Radiation PSA 
o Electronic Beam-Cured PSA 
o Uv-Cured PSA 
Hot Melt PSA 
Water-Based PSA 
o Two-Component Water-Based PSA 
o One-Component Water-Based PSA 

Products Covered:
Labels 
o Ultra-Peelable Labels 
o Specialty Labels 
o Freezer Or Frost Fix Labels 
o Peelable Labels 
o Permanent Labels 
o High Tack Labels 
Tapes 
o By Coating 
o By Type 
Graphics PSA 
o Emblems & Logos 
o Vehicle Wraps 
o Signage 
o Floors, Carpets & Mats 
o Films 
Other Products 

End Users Covered:
Building & Construction 
Electronics, Electrical & Telecommunication 
Medical & Healthcare 
o Hygiene 
o Medical Devices 
o Skin Contact 
Packaging 
Automotive & Transportation 
Other End Users 
o Renewable Energy (Solar Energy & Wind Energy) 
o Paper & Printing Industry 
o Industrial Assembly 
o Consumer Goods 

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK 
Spain 
Rest of Europe 
Asia Pacific
Japan 
China 
India 
Australia 
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE

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