Government shift towards renewable energy sources and increased demand for green transformers

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Dublin, 03 December 2021 (GLOBE NEWSWIRE) – The report “India Power and Distribution and Transformer Market Outlook 2030” has been added to ResearchAndMarkets.com offer.

India’s power distribution transformer market is expected to generate revenue of approximately USD 4,258 million by the end of 2030, compared to over USD 2,130 million in revenue in 2020. The market is expected to grow. with a CAGR of 7.41% during 2021 – 2030.

Power transformers are used in transmission networks where there is a problem of higher voltage and operate at full load with minimal load fluctuations.

On the other hand, distribution transformers are used in distribution networks where there is a problem of lower voltages and operate at a significantly lower load. The variation in loads varies considerably. Power transformers are a common feature in power generation stations and transmission substations, while the installation of distribution transformers is mostly done in distribution stations.

Factors such as the country’s government shift towards renewable energy sources, the increase in demand for green transformers, and the growing need to improve its existing grid infrastructure are expected to drive the market growth in the markets. years to come.

In addition, factors such as the growth of the country’s urban population and the boom in economic activities, which are the source of the energy requirements, are also expected to accelerate the growth of the market in the coming years.

The Indian power distribution transformer market is segmented into numerous segments including segmentation by transformer type, rated power, assembly, phase and by end user. On the basis of transformer type, the market is segmented into core-type transformers, shell-type transformers and bay-type transformers, among which the shell-type transformers segment is expected to hold the highest market share and reach a figure business of nearly USD 1940 million by the end of 2030.

In addition, the market is also segmented on the basis of end user into utilities, residential, commercial and industrial, among which, the utilities segment is expected to generate the highest turnover of nearly $ 3,200 million. by the end of 2030.

Some of the top industry leaders featured include

  • Toshiba Energy Systems & Solutions Corporation

  • General Electric

  • CG Power and Industrial Solutions Limited

  • Siemens AG

  • Hitachi ABB power grids

  • Mitsubishi electric corporation

  • Bharat Heavy Electricals Limited

  • URJA Techniques (India) Private Limited

  • Kirloskar Electric Company

  • ALSTOM

Main topics covered:

1. Market definition and research methodology
1.1. Market definition and segmentation
1.2. Assumptions and acronyms
1.3. Research objective
1.4. Research methodology

2. Executive summary

3. Market dynamics
3.1. Conductors
3.2. Challenges
3.3. Tendencies
3.4. Opportunities

4. Value chain analysis

5. Impact of COVID-19 on the Indian Power and Distribution Transformer Market

6. Regulatory landscape

7. Comparative analysis

8. India Market for Power and Distribution Transformers
8.1. Market Size in USD Million (2020-2030)
8.2. Market volume in units (2020-2030)
8.3. Market segmentation by:
8.3.1. Transformer type
8.3.1.1. Core-Type Transformers, 2020-2030 (USD Million) (Units)
8.3.1.2. Shell-Type Transformers, 2020-2030 (USD Million) (Units)
8.3.1.3. Bay Type Transformers, 2020-2030 (USD Million) (Units)
8.3.2. Nominal power
8.3.2.1. Small (500 – 7500 KVA), 2020-2030 (in millions USD) (in units)
8.3.2.2. Medium (7500 KVA – 100 MVA), 2020-2030 (in millions USD) (in units)
8.3.2.3. Large (100 MVA and above), 2020-2030 (in millions USD) (in units)
8.3.3. Phase
8.3.3.1. Single phase, 2020-2030 (in millions USD) (in units)
8.3.3.2. Three-phase, 2020-2030 (in millions USD) (in units)
8.3.4. Insulation
8.3.4.1. Sec, 2020-2030 (in millions USD) (in units)
8.3.4.2. Immersed liquid, 2020-2030 (in millions USD) (in units)
8.3.5. Final user
8.3.5.1. Public service, 2020-2030 (in millions USD) (in units)
8.3.5.2. Residential, 2020-2030 (in millions USD) (in units)
8.3.5.3. Commercial, 2020-2030 (in millions USD) (in units)
8.3.5.3.1. Hotels, 2020-2030 (in millions USD) (in units)
8.3.5.3.2. Hospitals, 2020-2030 (in millions USD) (in units)
8.3.5.3.3. Commercial buildings, 2020-2030 (in millions USD) (in units)
8.3.5.3.4. Others, 2020-2030 (in millions USD) (in units)
8.3.5.4. Industrial, 2020-2030 (in millions USD) (in units)
8.3.5.4.1. Railway, 2020-2030 (USD Million) (Units)
8.3.5.4.2. Cement, 2020-2030 (in millions USD) (in units)
8.3.5.4.3. Power, 2020-2030 (in millions USD) (in units)
8.3.5.4.4. Oil and Gas, 2020-2030 (USD Million) (Units)
8.3.5.4.5. Others, 2020-2030 (in millions USD) (in units)

9. Competitive landscape
9.1. Market share analysis
9.2. Company Profiles

For more information on this report, visit https://www.researchandmarkets.com/r/42qeoe

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900


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