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Global Markets for TransformersNEW YORK, Oct. 13, 2016 /PRNewswire/ -- This BCC Research report provides an up-to-date analysis of recent developments and current trends in the global transformer market. Market projections are included for the period 2016 to 2021. However, in the long term, developing regions, including China, Brazil and India, will create huge opportunities for the transformer market with increasing demand for electricity and increasing electricity production. ABB, Alstom, TBEA Transformer Group, General Electric (GE), Siemens, BHEL, Schneider and Electric Co. Ltd. are the major global manufacturers of electrical transformers. This report also highlights the supplier landscape with a focus on major companies and detailed profiles. STUDY GOALS AND OBJECTIVES The goal of this report is to provide an up-to-date analysis of recent developments and current trends in the global transformer market. Identifying significant drivers of revenue growth in specific categories for transformers is an additional aim. The objective of this kind of systematic research is to quantify the projected impact of both internal and external forces that are currently affecting the global transformer industry and will continue to do so for the next several years. REASONS FOR DOING THE STUDY Rapidly growing emerging economies, particularly those in China and India in terms of both economy and infrastructure, have significantly increased demand for transformers in recent years. In addition, the Asia-Pacific region has become a hub for producers in western markets to outsource the manufacture of transformers. With the recovery of the global economy, transformer installation has geared up globally. For example, in North America, previously pent-up demand for new transformers has increased as a result of the replacement of existing and older transmission and distribution infrastructure and economic improvement after the recession; this has also resulted in increased demand for transformers. Increasing raw-material prices and strict environmental regulations on carbon emission levels in electricity generation have forced companies to focus on the development of transmission equipment with advanced technology that complies with current and future environmental regulations and has the ability to reduce toxic gas and chemical emissions. The pressure to develop environmental friendly green transformers is increasing, even in the Asia-Pacific and other developing regions. This poses a threat to small domestic players in emerging markets, who struggle to ensure that their products meet global standards. SCOPE OF THE REPORT This report has a broad scope and covers many types of transformers used globally. The market for transformers is broken down by type of electric transformer, region and power rating. The report provides revenue forecasts from 2016 to 2021 for each major type of transformer, power rating and regional market. The report also includes a discussion of the major players in each regional market for transformers. It explains the major market drivers of the global transformer industry, the current trends within the industry, major industry challenges and the regional dynamics of the market. The report concludes with a special focus on the supplier landscape. It includes detailed profiles of the major vendors in the global transformer industry and discusses the market share of these players by region. Estimated values provided are based on manufacturers' total revenues. INTENDED AUDIENCE This report is intended for transformer manufacturers, suppliers and end users and others with a vital interest in transformers and their applications. In addition, because of this report's business focus, it will be useful to sales executives and business managers as an up-to-date guide that includes challenges, drivers and trends that are expected to be significant factors in the current and future markets. INFORMATION SOURCES The findings and conclusions of this report are based on information gathered from a variety of primary and secondary sources. Sources of information include internet searches, industry association data and interviews conducted with transformer manufacturing companies, distributors and transmission and distribution companies. In addition, other secondary sources were consulted for the report, including industry journals and publications, product literature, white papers and technical journals and financial reports from industry suppliers. The base year for analysis and projection is 2015. Using 2015 as a baseline, market projections were developed for the period of 2016 to 2021. These projections are based on a combination of consensus among the primary contacts and the authors' understanding of key market drivers and their impact from historical and analytical perspectives. The analytical methodologies used to generate the market estimates are described in detail in the market analysis sections. All projections presented in this report are in 2015 constant U.S. dollars. RESEARCH METHODOLOGY This is a descriptive study with trend analysis for the global market for electrical transformers that was conducted using quantitative and qualitative approaches. BCC Research collected data from a variety of primary and secondary sources that include but are not limited to interviews with industry vendors, white papers, business journals, public financial proceedings and historical market data from internet sources. The market data was assessed and validated with considerations of interrelated market attributes and the impact of global economic variables. Market values were obtained from a combination of bottom-up and top-down approaches using exclusive market modelling tools to generate current market data and forecasts. This report was developed by market research analysts at BizImpact Knowledge Services LLP, a market research and services company. The project was managed by Aneesh Kumar, a partner in the company, and includes input from various subject-matter experts. Aneesh Kumar has more than nine years of experience handling custom research projects and has worked with a multinational company on various research assignments on global markets. Read the full report: http://www.reportlinker.com/p02403051-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-markets-for-transformers-300344757.html SOURCE Reportlinker 
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