Aug 6, 2019
Gas Insulated Transformer Market 2019 Global Industry Forecast to 2023 is latest report published by Market Research Future. Global Gas Insulated Transformer Market is to grow at healthy 5.23% CAGR by 2023. Gas Insulated Transformer Market by Type, Voltage Rating, End-Use, Installation, Cooling, and Region with Forecast To 2023.
Pune, India - August 6, 2019 /MarketersMedia/ —
Gas Insulated Transformer Market 2019 Global Size, Share, Statistics, Regional outlook to 2023 is latest report published by Market Research Future. Global Gas Insulated Transformer Market is to grow at healthy 5.23% CAGR by 2023. Global Gas Insulated Transformer Market by Type (Instrument Transformer), Voltage Rating (Medium, High, Extra High), End-Use (Utility, Industrial, Commercial), Installation, Type of Cooling, and Region with Forecast To 2023.
Gas Insulated Transformer Key Players Analyzed in Report:
Arteche (Spain), ABB Ltd. (Switzerland), Takaoka Toko Co., Ltd (Japan), General Electric (US), Toshiba Corporation (Japan), Mitsubishi Electric Corporation (Japan), Fuji Electric co., Ltd. (Japan), Siemens AG (Germany), Meidensha Corporation (Japan), and Chint Group (China).
Get Free Sample “Gas Insulated Transformer Market Research Report-Global Forecast till 2023” at: https://www.marketresearchfuture.com/sample_request/6611
Gas Insulated Transformer Market Highlights:
Global Gas Insulated Transformer Market to Grow due to the Increasing use of Renewable Energy Sources. The global gas insulated transformers market was analyzed by Market Research Future (MRFR) and it was projected that a decent CAGR of 5.23% will be attained by the market over the forecast period of 2018 to 2023. The valuation of the gas insulated transformers market was further stated to surpass its previous valuation by the end of the forecast period.
The gas used in a gas insulated transformer is non-explosive and inflammable. It eradicates the need for regular oil checking and increases awareness concerning the environment. The transformers are most commonly used in high voltage and medium voltage applications like thermal power plant, underground shopping centers, chemical plants, hydroelectric power plant, and public water facilities. These transformers are used primarily for distribution and transmission purposes in order to build a much safer and reliable power system. There are several initiatives being undertaken by governments across the globe for the development of infrastructure.
Due to the growing demand for a reliable power supply system, the global gas insulated transformers market is seeing a positive inclination and is expected to be the same over the forecast period as well. The global market is anticipated to grow majorly due to the increasing demand for renewable sources of energy and clean energy generation. Governments across the world are coming out with various measures like offering attractive incentives to encourage the use of renewable sources of energy. This is expected to further drive the global gas insulated transformer market.
Global Gas Insulated Transformer Market Segments:
The global gas insulated transformers market has been segmented in terms of type, end-user, voltage level, type of cooling, and installation.
By voltage level, the market breaks down into high voltage, medium voltage, and extra high voltage. The extra high voltage segment is leading the global gas insulated transformer market with the maximum share percentage. The segment leads the global market due to the rising focus that is being laid on renewable energy.
By type, the market divides into instrument transformers and others.
By installation, the market segments into indoor and outdoor installation. The indoor segment holds the dominant portion of the market owing to the increasing population in the urban areas and environmentally friendly surrounding.
By type of cooling, the market includes gas directed water forced cooling, gas directed air forced cooling, gas directed air natural cooling, and others.
By end-user, the market comprises commercial, industrial, and utility segments. Both the industrial and commercial segments of the global gas insulated transformer market are expected to grow at a resounding pace over the forecast period. This is due to the growing number of government initiatives and infrastructure development.
Global Gas Insulated Transformer Market Regional Overview:
The global gas insulated transformers market is geographically distributed across the following key regions: Asia Pacific, North America, Europe, and the Rest of the World (RoW).
The Asia Pacific region is anticipated to lead the global gas insulated transformer market in the coming years after leading it back in 2017. The surging adoption of renewable energy and the growing integration of power system is driving the demand for the Asia Pacific regional market. The region holds massive potential in the coming years owing to a wide array of infrastructural development plans and a continuous support from the government in terms of finance. The European region stands second in the global gas insulated transformer market owing to the increasing investment of funds and grid expansion projects. However, it has been projected that the Asia Pacific regional market will garnet the highest CAGR over the forecast period.
Table Of Contents
1. Executive Summary
2. Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3. Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Supply Chain Analysis
4. Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5. Global Gas Insulated Transformer Market, By Type
5.1 Introduction
5.2 Instrument Transformer
5.2.1 Market Estimates & Forecast, 2018-2023
5.2.2 Market Estimates & Forecast By Region, 2018-2023
5.3 Others
5.3.1 Market Estimates & Forecast, 2018-2023
5.3.2 Market Estimates & Forecast By Region, 2018-2023
6. Global Gas Insulated Transformer Market, By Voltage Rating
6.1 Introduction
6.2 Medium Voltage
6.2.1 Market Estimates & Forecast, 2018-2023
6.2.2 Market Estimates & Forecast By Region, 2018-2023
6.3 High Voltage
6.3.1 Market Estimates & Forecast, 2018-2023
6.3.2 Market Estimates & Forecast By Region, 2018-2023
6.4 Extra High Voltage
6.4.1 Market Estimates & Forecast, 2018-2023
6.4.2 Market Estimates & Forecast By Region, 2018-2023
Continued…
List of Tables:
Table 1 Global Gas Insulated Transformer Market: By Region, 2018-2023
Table 2 North America Gas Insulated Transformer Market: By Country, 2018-2023
Table 3 Europe Gas Insulated Transformer Market: By Country, 2018-2023
Table 4 Asia-Pacific Gas Insulated Transformer Market: By Country, 2018-2023
Table 5 RoW Gas Insulated Transformer Market: By Country, 2018-2023
Continued…
List of Figures:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 SUPPLY CHAIN ANALYSIS
Continued…
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: abhishek sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528,, Amanora Chambers Magarpatta Road, Pune, India.,
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/gas-insulated-transformer-market-6611
Source: MarketersMedia
Release ID: 88904765
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