The global transformer industry experienced modest growth during 2007-2012 and is expected to remain on a trajectory of growth to reach an estimated $37.9 billion by 2018. The Rest of the World (ROW) and Asia Pacific (APAC) regions are expected to witness the highest growth in grid expansion and transformer replacement, driven by expected rise in demand from untapped (lacking electricity access) and developing markets.
Lucintel, a leading global Management Consulting and market research firm, has analyzed the global transformer industry and offers its findings in its comprehensive research report, “Global Transformer Industry 2013-2018: Trend, Profit, and Forecast Analysis.”
This report is geographically segmented in four regions: North America, Europe, APAC, and ROW. APAC dominates the industry, but ROW is forecast to register the highest growth over 2013-2018 driven by heavy investment in infrastructure of distribution transformer spurred by 2014 FIFA World Cup and 2016 Olympics to be held in Brazil.
Lucintel has identified that aging assets and employees, growing environmental concern and risk, and raw materials crisis are some of the major Growth challenges. Infrastructure spending, growth in power transmission and distribution, and grid expansion and upgrades are some of the drivers providing the industry with Competitive Advantage.
This market report is an indispensable reference guide for materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market. To make business, investment, and strategic decisions, you need timely, useful information and this market report fulfills these core needs.
This Lucintel research report provides excellent understanding of recent industry scope and overview, global macroeconomic overview, relative market attractiveness by region, annual industry trend, emerging trends, industry forecasts, Porter’s Five Forces Analysis, product launches, and mergers & acquisitions that determine the regional and segmental opportunities, competitive landscape, and profitability trend and analysis of the major industry players. The key insights sections portray beneficial information on an industry segment’s growth and regional growth trends.
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