Large Power Transformers Market

Transparency Market

Research

Large Power Transformers Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast

2014 – 2020

Published Date

2015-05-25

92 Page Report

Buy Now

Request Sample

Press Release

Large Power Transformers Market is Expected to Reach USD

31.05 Billion in 2020

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Power Transformers Market

REPORT DESCRIPTION

Large Power Transformers Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast 2014 – 2020

According to a new market report published by Transparency Market Research “Large Power

Transformers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 2020,” the large power transformers market was valued at USD 18.35 billion in 2013, which is

expected to reach USD 31.05 Billion by 2020, growing at a CAGR of 7.8% from 2014 to 2020. In

terms of volume, the demand for large power transformers was 11,223 units in 2013, which is

expected to reach 18,709 units by 2020, growing at a CAGR of 7.7% from 2014 to 2020.

Browse the full Power Transformers Market report at

http://www.transparencymarketresearch.com/power-transformer-market.html

The market is primarily driven by technologically enhanced products and increasing application

of electricity in industries, agriculture, and domestic activities worldwide. Eco-friendly large

power transformers are expected to witness high growth during the forecast period compared to

old and outdated technology due to their advanced features and environmental safety measures.

Moreover, growing initiatives for refurbishment of outdated power grids with the advanced

technology in the matured economies is driving the market for large power transformers.

The large power transformers segment with ratings between 100 MVA to 500MVA is expected to

hold the largest share in the global...