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Distribution Transformer Market statistics and research analysis released in latest report

The Distribution Transformer Market trends are analysed from recent past with an eye on coming years in this report that also offers projections for D
Amit singh | 20.11.2017
Rising investments across the infrastructural sector subject to pervasive commercial and residential establishments will drive the distribution transformer market size. Refurbishment of aging electric networks along with the rapid adoption of smart monitoring and control distribution unit will boost the product demand. The Government of Serbia in association with the regulators across China have proposed plans subject to the modernization of the Serbian traditional grid infrastructure. Regulators in 2017 further proclaimed, flow of investments to value over USD 6.14 billion towards infrastructural development across the nation.

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Accruing energy security concerns coupled with exponentially rising energy consumption across the developing economies will fuel the distribution transformer market share. Rapid expansion of the grid infrastructure in line with steep growth across the renewable energy sector lay favourable grounds for industry expansion. Favourable tendencies toward the expansion of micro-grid networks coupled with expeditious expansion of utility based renewable infrastructure will further proliferate the business landscape.

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Low flux leakage & iron losses coupled with sustainable mechanical strength, when compared to auxiliary technologies will encourage the adoption shell core units. Rapid expansion of clean energy networks along with ongoing proliferation across the utility based electrical infrastructure underline favourable business scenario. Stringent norms pertaining to carbon emissions coupled with integration of a robust grid infrastructure will further augment the product penetration.

Auto transformer is anticipated to witness growth over 6% by 2024. Effective voltage regulation & operational flexibility will boost the product penetration. Compact structure, improved efficiency, and cost-effective units when compared to the existing technologies will further escalate the industry growth. Diversified applications coupled with growing awareness towards energy efficiency across the globe positively influence the business landscape.

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Growing demand for the upgradation of existing T&D networks coupled with rising space constraints will foster the indoor distribution transformer market. Blooming real estate sector across the developing electricity markets subject to the exponential rise in private & public fund flow will further augment the business outlook. In 2017, the European Union allocated funds worth USD 36.3 billion to ascertain a robust infrastructural expansion across Russia.

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Solid insulation subject to immense competitive influence and low consumer awareness has witnessed modest penetration in the recent years. However, the technology is set to witness sheer progression on account of its effective insulating property, compact configurations and cost structure. Simultaneous integration of digitized monitoring & control technologies along with improved product flexibility will further complement the business growth.

Ongoing regulatory initiatives to ameliorate the distorting small-scale industrial sector across developing markets coupled with rapid urbanization will considerably foster the single-phase distribution transformer market growth. Establishment of a sustainable electrical infrastructure favoured by government reforms including incentivization, feed-in-tariffs, subsidies and leveraging schemes to prosper their adoption will further complement the business outlook.

The U.S. distribution transformer market is projected to witness an annual installation over 7,000 units by 2024. Rising demand for the upgradation and replacement of existing grid networks across the nation will boost the product demand. Adoption of effective grid support units coupled with ongoing technological advancements will further foster the business scenario. Rising infrastructural investments towards the expansion of existing rail networks will further complement the industry growth.

Increasing demand for electricity along with ongoing government program toward rural electrification will drive the Asia Pacific distribution transformer market share. Rising investments across the renewable energy sector along with increasing concerns toward the integration of a sustainable energy mix across the region will further complement the industry outlook.

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