Market Research Report
Global Transformer Core Market, By Type (Power Transformer, Distribution Transformer, Isolation Transformer, Auto Transformer), Region, Competition Forecast & Opportunities, 2024
|Published by||TechSci Research||Product code||920356|
|Published||Content info||116 Pages
Delivery time: 1-2 business days
|Global Transformer Core Market, By Type (Power Transformer, Distribution Transformer, Isolation Transformer, Auto Transformer), Region, Competition Forecast & Opportunities, 2024|
|Published: January 1, 2020||Content info: 116 Pages||
Global transformer core market stood at $ 5.3 billion in 2018 and is projected to reach $ 7.5 billion by 2024. Growth in the global transformer core market can be attributed to the rapid pace of industrialization and urbanization across the globe. In addition to this, the increasing government expenditure towards the development of renewable energy projects to meet the growing energy demand is further going to upsurge the global transformer core market through 2024.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
Global transformer core market is controlled by these major players, namely- ABB Group (Switzerland), Mitsubishi Electric Corporation (Japan), Toshiba Corporation (Japan), etc.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading transformer core players across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key offerings, prices of services and competitors. Through this technique, TechSci Research was able to include the companies which could not be identified due to the limitations of secondary research. TechSci Research analyzed the end users, distribution network and regional presence of all major transformer core companies across the globe.
TechSci Research calculated the market size for global transformer core market using a bottom-up approach, where equipment manufacturer's sales data for transformer core types (Power Transformer, Distribution Transformer, Isolation Transformers, Auto Transformers) was recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective companies to arrive at the overall market size. Various secondary sources, directories, databases, company annual reports, white papers, investor presentations and financial reports were also studied by the TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as transformer core service providers, customers and policy makers and which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market.
In this report, the transformer core has been segmented into the following categories in addition to the industry trends which have also been detailed below:
Middle East & Africa
Competition Benchmarking: Benchmarking of leading 10 players on the basis of product portfolio, production plants, market pricing, sales footprint, target customer types, etc.
Company Profiles: Detailed analysis of the major companies present in transformer core market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Channel Partner Analysis