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- Market Size numbers with existing Pre-COVID scenario compared with Post COVID scenario
- Forecasts predicted based on post-COVID scenario
- Trends, drivers and challenges including impacts of COVID scenario
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About Transformers
A transformer is a device that transfers electrical energy from one circuit to another circuit, operating on the principle of electromagnetic induction. A basic transformer consists of a core that creates a path for magnetic flux, a primary coil that receives current from an AC source, a secondary coil that receives current from the primary winding and transfers it to the load, and finally, an enclosure that protects the transformers from dirt, moisture, and other damage. Transformers are basically of two types: power and distribution transformers. Power transformers are used for stepping up or stepping down the electric current voltage from generators. Distribution transformers are used for changing electric current voltage at various transmission stations and sub-stations.
TechNavio's analysts
forecast the Transformer market in India to grow at a CAGR of 13.29 percent over the period 2014-2019.
Covered in this ReportThe Transformer market in India can be segmented into two product segments: Distribution Transformer, and Power Transformer. The Transformer market in India is also segmented into three categories based on voltage levels: 11kV-220kV, 220kV-400kV, and 400 kV and Above.
TechNavio's report, Transformer Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers India; it also covers India’s Transformer market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Key Country
• India
Key Vendors• ABB
• Alstom
• BHEL
• Crompton Greaves
• Siemens
Other Prominent Vendors
• Bharat Bijlee
• EMCO
• IMP Powers
• Kirloskar Electric Company
• Prolec GE International S de RL de CV
• Transformers & Rectifiers (India)
• Vijai Electricals
• Voltamp Transformers
Market Driver• Increase in Production of Electricity
• For a full, detailed list, view our report
Market Challenge• Lack of Adequate Testing Facilities for Transformers
• For a full, detailed list, view our report
Market Trend• Increased Presence of International Vendors
• For a full, detailed list, view our report.
Key Questions Answered in this Report• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?