Dec 28, 2017   SOURCE: BusinessWire

Transformer Core - Global Market Outlook (2017-2023) - Research and Markets

The "Transformer Core - Global Market Outlook (2017-2023)" report has been added to Research and Markets' offering.

The Global Transformer Core Market accounted for $7139 million in 2016 and expected to grow at a CAGR of 4.2% to reach $9533 billion by 2023. The market is driven by increase in government investment in renewable power projects, rapid urbanization and industrialization in emerging countries and rising demand for electricity from various industries. On the other hand, price fluctuations in electrical steel & ferrite and changing regulatory environment for manufacturers are inhibiting the market growth.

Power transformer type dominated the market share due to increasing development of power grids and power generation projects worldwide. Asia Pacific is expected to dominate the market throughout the forecast period due to the rise in infrastructural and industrial development, in China, India, and other developing economies. China captured more than half of the total share in the Asia-Pacific transformer core market. Latin America is anticipated to gain an investment to furnish the rising demand for electricity. Europe will show substantial growth on account of ongoing aging infrastructure replacement activities in the region.

The key players in global Transformer Core market are ABB Ltd., Siemens AG, Mitsubishi Electric Corporation, Crompton Greaves, Toshiba Corporation, Hitachi, Ltd., Fuji Electric Co. Ltd. and Ferroxcube International Holding B.V.

Types Covered:

  • Distribution Transformers
  • Power Transformers
  • Other Types
  • Isolation Transformers
  • Auto Transformers

Companies Mentioned

  • ABB Ltd.
  • Siemens AG
  • Mitsubishi Electric Corporation
  • Crompton Greaves
  • Toshiba Corporation
  • Hitachi, Ltd.
  • Fuji Electric Co. Ltd.
  • Ferroxcube International Holding B.V.

Key Topics Covered:

1. Executive Summary

2. Preface

3. Market Trend Analysis

4. Porters Five Force Analysis

5. Global Transformer Core Market, By Type

6. Global Transformer Core Market, By Geography

7. Key Developments

8. Company Profiling

For more information about this report visit https://www.researchandmarkets.com/research/kbwmvf/transformer_core