Global Power Transformer Market - Canberra

Saturday, 28 December 2019

Item details

City: Canberra, Australian Capital Territory
Offer type: Sell
Bedrooms:1
Bathrooms:11
Full Square, m²:12

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Contact name Gaarti
Phone 7878787878

Item description

Global Power Transformer Market was valued US$ 18.22 Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during a forecast period

Global Power Transformer Market

Global power transformer market is segmented by cooling type, power rating and geography. By cooling type, the power transformer market is classified into oil-cooled and power-cooled. By power ratings, the power transformer market caters to small power, medium power, and large power. Based on region, the power transformer market is spread by Europe, North America, Asia Pacific, Latin America, and Middle East and Africa

Increasing demand for energy around the global attached with rapid growth in electrical infrastructure projects can propel the Global power transformer market. Stringent energy efficiency acquiescence, growing rate of installation of green transformers, and developments in smart transformer technologies can additional boost the market growth. Increasing use of smart grid system has also enlarged the requirement for power transformers to achieve operative transmission of electric power. However, initial high installation cost can hamper the Global power transformer market growth to an extent.

Oil-cooled transformer segment is leading owing to the winding and core are absorbed in mineral oil. It is a good electrical insulator to block the current flow through the oil for efficient warmth removal from the windings and core. Oil-cooled transformers deliver better conductivity than the air-cooled transformers and also hold high constant of conductivity, which resulting in natural circulation of oil.