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(IT-NEWSWIRE.COM, March 21, 2017 ) According to Publisher, the Global Transformers market is accounted for $13.7 billion in 2015 and is expected to reach $24.4 billion by 2022 growing at a CAGR of 8.6% from 2015 to 2022.. The key drivers of the market include increasing electricity demand in emerging and developed countries, need for up-gradation of transmission networks and high demand for smart grids. However, fluctuating prices of raw materials (steel and copper and crude oil) and high installation, logistics & supporting infrastructure cost of transformer will hinder market growth. Increasing awareness regarding low carbon emission is anticipated to offer prominent growth opportunities for the market.
For more information about this report: http://www.reportsweb.com/transformers-global-market-outlook-2016-2022
Asia-Pacific region is growing significantly as China is an attractive destination for power transformer companies with extensive power plant capacity additions, economic growth. European nations are deploying green transformer concept to promote industry growth.
Some of the key players in global Transformers market are ABB Ltd, API Delevan Inc, Bharat Heavy Electricals Ltd, Brush Group, Crompton Greaves Ltd, Datronix Holdings Ltd., Efacec Capital, ERMCO, Excel Electronics Industries, Federal Transformers Co. Llc, First Philippine Electric Corp., General Electric, Hammond Power Solutions, Hitachi LTD, Howard Industries, Hyundai Heavy Industries Co. Ltd, Ist Power, Kirloskar Electric Ltd., Spx Transformer Solutions, Inc and Mitsubishi Electric Corporation.
Products Covered:
- 100 MVA to 500 MVA
- 501-800 MVA
- 801-1200 MVA
End Users Covered:
- Commercial Sector
- Industrial
- Power Utilities
- Oil and Gas
- Marine-OffShore
- Mining
- Mass Transit
Applications Covered:
- Power Transformers
- Auto Transformers
- Furnace Transformers
- Welding Transformers
- Distribution Transformers
- Traction Transformers
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001583528/sample
Coolants Covered:
- Oil-Filled Self-Cooled Transformers
- Oil-filled Water-cooled Transformers
- Air-blast Transformers
Types Covered:
- Core-Type Transformers
- Shell-Type Transformers
Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
Company Profiling
12.1 ABB Ltd
12.2 API Delevan Inc
12.3 Bharat Heavy Electricals Ltd
12.4 Brush Group
12.5 Crompton Greaves Ltd
12.6 Datronix Holdings Ltd.
12.7 Efacec Capital
12.8 ERMCO
12.9 Excel Electronics Industries
12.10 Federal Transformers Co. Llc
12.11 First Philippine Electric Corp.
12.12 General Electric
12.13 Hammond Power Solutions
12.14 Hitachi LTD
12.15 Howard Industries
12.16 Hyundai Heavy Industries Co. Ltd
12.17 Ist Power
12.18 Kirloskar Electric Ltd.
12.19 Spx Transformer Solutions, Inc
12.20 Mitsubishi Electric Corporation
Inquire before Buying at http://www.reportsweb.com/inquiry&RW0001583528/buying
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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