NORTH AMERICA DISTRIBUTION TRANSFORMERS MARKET FORECAST 2017-2025
KEY FINDING
The North American distribution transformers market was valued at $3153 million in 2016. It is expected to grow at a CAGR of 5.83% during the forecast period of 2017-2025 and reach $5195 million by the end of 2025. The fact that renewable energy is expected to gain a traction in the region coupled with the continuous digital transformation of utilities is presenting the market with plenty of growth opportunities.
MARKET INSIGHTS
The primary drivers for the market growth include smart grid electrifying market, advances in transformer industry, growing focus on green energy and modernization of aging power infrastructure.Although the prospects look promising, the market may have to face certain challenges with respect to standardization of equipment and stress causing failures, that might restrain the market growth. At present, the market is being segmented on the basis of phase (single or three phase), on the basis of insulation ( dry or oil-filled) and on the basis of the mount( pole, pad, underground vault, etc).
COMPETITIVE INSIGHTS
Some of the prominent players in the market include
The North American distribution transformers market was valued at $3153 million in 2016. It is expected to grow at a CAGR of 5.83% during the forecast period of 2017-2025 and reach $5195 million by the end of 2025. The fact that renewable energy is expected to gain a traction in the region coupled with the continuous digital transformation of utilities is presenting the market with plenty of growth opportunities.
MARKET INSIGHTS
The primary drivers for the market growth include smart grid electrifying market, advances in transformer industry, growing focus on green energy and modernization of aging power infrastructure.Although the prospects look promising, the market may have to face certain challenges with respect to standardization of equipment and stress causing failures, that might restrain the market growth. At present, the market is being segmented on the basis of phase (single or three phase), on the basis of insulation ( dry or oil-filled) and on the basis of the mount( pole, pad, underground vault, etc).
COMPETITIVE INSIGHTS
Some of the prominent players in the market include
- ABB Ltd
- Celme S.R.L
- Diamond Power Infrastructure Ltd.
- Emerson Electric Co
- Eremu
- General Electric
- Hammond Power Solutions, Inc
- Schneider Electric
- Siemens Ag
1. RESEARCH SCOPE
1.1. STUDY GOALS
1.2. SCOPE OF MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
4. MARKET OVERVIEW
4.1. MARKET DEFINITION
4.2. MARKET DETERMINANTS
4.2.1. DRIVERS
4.2.1.1. SMART GRID ELECTRIFYING THE MARKET
4.2.1.2. FOCUS ON GREEN ENERGY
4.2.1.3. ADVANCES IN TRANSFORMER INDUSTRY
4.2.1.4. REBUILDING AND MODERNIZATION OF AGING POWER INFRASTRUCTURE
4.2.2. RESTRAINTS
4.2.2.1. STANDARDIZATION OF EQUIPMENT
4.2.2.2. STRESS CAUSING FAILURES
4.2.3. OPPORTUNITIES
4.2.3.1. DIGITAL TRANSFORMATION OF UTILITIES
4.2.3.2. RENEWABLE ENERGY GAINING TRACTION
4.2.4. CHALLENGES
4.2.4.1. OPERATIONAL INEFFICIENCIES LEADING TO DELAYS AND SUSPENSIONS
5. MARKET SEGMENTATION
5.1. BY INSULATION TYPE
5.1.1. DRY TYPE
5.1.2. OIL-FILLED
5.2. BY MOUNTING
5.2.1. PAD- MOUNTED
5.2.2. POLE-MOUNTED
5.2.3. UNDERGROUND VAULT
5.3. BY PHASE
5.3.1. SINGLE-PHASE
5.3.2. THREE-PHASE
6. KEY ANALYTICS
6.1. KEY MARKET INSIGHTS
6.1.1. TOP EMERGING COUNTRIES
6.1.2. TOP REVENUE GENERATING SEGMENTS
6.1.3. EMERGING TRENDS
6.2. PORTER’S FIVE FORCE MODEL
6.2.1. THREAT OF NEW ENTRANTS
6.2.2. BARGAINING POWER OF BUYERS
6.2.3. BARGAINING POWER OF SUPPLIERS
6.2.4. THREAT OF SUBSTITUTE PRODUCTS
6.2.5. COMPETITIVE RIVALRY BETWEEN EXISTING PLAYERS
6.3. KEY BUYING CRITERIA
6.3.1. APPLICATION
6.3.2. EFFICIENCY
6.3.3. RELIABILITY
6.3.4. SUPERIOR TECHNOLOGY
6.4. STRATEGIC RECOMMENDATION & STRATEGIC CONCLUSIONS
7. GEOGRAPHIC ANALYSIS
7.1. NORTH AMERICA
7.1.1. US
7.1.2. CANADA
8. COMPETITIVE LANDSCAPE
8.1. MARKET SHARE ANALYSIS
8.2. STRATEGIC INITIATIVES
9. COMPANY PROFILES
9.1. ABB LTD
9.2. BEMAG TRANSFORMERS
9.3. BHEL (BHARAT HEAVY ELECTRICALS LTD)
9.4. BOWERS ELECTRICALS
9.5. BRUSH ELECTRICAL MACHINES LTD
9.6. CELME S.R.L
9.7. CROMPTON GREAVES LTD.
9.8. DIAMOND POWER INFRASTRUCTURE LTD.
9.9. EATON CORPORATION PLC.
9.10. EMERSON ELECTRIC CO
9.11. EREMU SA
9.12. GENERAL ELECTRIC
9.13. HAMMOND POWER SOLUTIONS, INC
9.14. HITACHI LTD
9.15. HYOSUNG CORPORATION
9.16. KIRLOSKAR ELECTRIC COMPANY LIMITED.
9.17. LEMI TRAFO JSC
9.18. ORMAZABAL
9.19. SCHNEIDER ELECTRIC
9.20. SIEMENS AG
9.21. STARKSTROM-GERÄTEBAU GMBH
9.22. TRANSFORMERS AND RECTIFIERS INDIA LIMITED
9.23. VANTRAN INDUSTRIES, INC.
9.24. WENZHOU ROCKWELL TRANSFORMER CO., LTD.
9.25. WILSON POWER SOLUTIONS
1.1. STUDY GOALS
1.2. SCOPE OF MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
4. MARKET OVERVIEW
4.1. MARKET DEFINITION
4.2. MARKET DETERMINANTS
4.2.1. DRIVERS
4.2.1.1. SMART GRID ELECTRIFYING THE MARKET
4.2.1.2. FOCUS ON GREEN ENERGY
4.2.1.3. ADVANCES IN TRANSFORMER INDUSTRY
4.2.1.4. REBUILDING AND MODERNIZATION OF AGING POWER INFRASTRUCTURE
4.2.2. RESTRAINTS
4.2.2.1. STANDARDIZATION OF EQUIPMENT
4.2.2.2. STRESS CAUSING FAILURES
4.2.3. OPPORTUNITIES
4.2.3.1. DIGITAL TRANSFORMATION OF UTILITIES
4.2.3.2. RENEWABLE ENERGY GAINING TRACTION
4.2.4. CHALLENGES
4.2.4.1. OPERATIONAL INEFFICIENCIES LEADING TO DELAYS AND SUSPENSIONS
5. MARKET SEGMENTATION
5.1. BY INSULATION TYPE
5.1.1. DRY TYPE
5.1.2. OIL-FILLED
5.2. BY MOUNTING
5.2.1. PAD- MOUNTED
5.2.2. POLE-MOUNTED
5.2.3. UNDERGROUND VAULT
5.3. BY PHASE
5.3.1. SINGLE-PHASE
5.3.2. THREE-PHASE
6. KEY ANALYTICS
6.1. KEY MARKET INSIGHTS
6.1.1. TOP EMERGING COUNTRIES
6.1.2. TOP REVENUE GENERATING SEGMENTS
6.1.3. EMERGING TRENDS
6.2. PORTER’S FIVE FORCE MODEL
6.2.1. THREAT OF NEW ENTRANTS
6.2.2. BARGAINING POWER OF BUYERS
6.2.3. BARGAINING POWER OF SUPPLIERS
6.2.4. THREAT OF SUBSTITUTE PRODUCTS
6.2.5. COMPETITIVE RIVALRY BETWEEN EXISTING PLAYERS
6.3. KEY BUYING CRITERIA
6.3.1. APPLICATION
6.3.2. EFFICIENCY
6.3.3. RELIABILITY
6.3.4. SUPERIOR TECHNOLOGY
6.4. STRATEGIC RECOMMENDATION & STRATEGIC CONCLUSIONS
7. GEOGRAPHIC ANALYSIS
7.1. NORTH AMERICA
7.1.1. US
7.1.2. CANADA
8. COMPETITIVE LANDSCAPE
8.1. MARKET SHARE ANALYSIS
8.2. STRATEGIC INITIATIVES
9. COMPANY PROFILES
9.1. ABB LTD
9.2. BEMAG TRANSFORMERS
9.3. BHEL (BHARAT HEAVY ELECTRICALS LTD)
9.4. BOWERS ELECTRICALS
9.5. BRUSH ELECTRICAL MACHINES LTD
9.6. CELME S.R.L
9.7. CROMPTON GREAVES LTD.
9.8. DIAMOND POWER INFRASTRUCTURE LTD.
9.9. EATON CORPORATION PLC.
9.10. EMERSON ELECTRIC CO
9.11. EREMU SA
9.12. GENERAL ELECTRIC
9.13. HAMMOND POWER SOLUTIONS, INC
9.14. HITACHI LTD
9.15. HYOSUNG CORPORATION
9.16. KIRLOSKAR ELECTRIC COMPANY LIMITED.
9.17. LEMI TRAFO JSC
9.18. ORMAZABAL
9.19. SCHNEIDER ELECTRIC
9.20. SIEMENS AG
9.21. STARKSTROM-GERÄTEBAU GMBH
9.22. TRANSFORMERS AND RECTIFIERS INDIA LIMITED
9.23. VANTRAN INDUSTRIES, INC.
9.24. WENZHOU ROCKWELL TRANSFORMER CO., LTD.
9.25. WILSON POWER SOLUTIONS
LIST OF TABLES
TABLE 1 NORTH AMERICA DISTRIBUTION TRANSFORMER MARKET BY GEOGRAPHY 2017 -2025 ($ MILLION)
TABLE 2 CAUSES OF FAILURES IN DISTRIBUTION TRANSFORMER
TABLE 3 NORTH AMERICA DISTRIBUTION TRANSFORMER BY INSULATION TYPE 2017-2025 ($ MILLION)
TABLE 4 NORTH AMERICA DISTRIBUTION TRANSFORMER MARKET BY MOUNTING 2017-2025($MILLION)
TABLE 5 NORTH AMERICA DISTRIBUTION TRANSFORMER MARKET BY PHASE 2017-2025 ($ MILLION)
TABLE 6 THREAT OF NEW ENTRANTS ANALYSIS IN DISTRIBUTION TRANSFORMERS MARKET
TABLE 7 BARGAINING POWER OF BUYER ANALYSIS IN DISTRIBUTION TRANSFORMERS MARKET
TABLE 8 BARGAINING POWER OF SUPPLIERS ANALYSIS IN DISTRIBUTION TRANSFORMERS MARKET
TABLE 9 THREAT OF SUBSTITUTE PRODUCTS ANALYSIS IN DISTRIBUTION MARKET
TABLE 10 COMPETITIVE RIVALRY BETWEEN EXISTING PLAYERS ANALYSIS IN DISTRIBUTION TRANSFORMERS MARKET
TABLE 11 NORTH AMERICA DISTRIBUTION TRANSFORMERS MARKET 2017-2025($ MILLION)
TABLE 1 NORTH AMERICA DISTRIBUTION TRANSFORMER MARKET BY GEOGRAPHY 2017 -2025 ($ MILLION)
TABLE 2 CAUSES OF FAILURES IN DISTRIBUTION TRANSFORMER
TABLE 3 NORTH AMERICA DISTRIBUTION TRANSFORMER BY INSULATION TYPE 2017-2025 ($ MILLION)
TABLE 4 NORTH AMERICA DISTRIBUTION TRANSFORMER MARKET BY MOUNTING 2017-2025($MILLION)
TABLE 5 NORTH AMERICA DISTRIBUTION TRANSFORMER MARKET BY PHASE 2017-2025 ($ MILLION)
TABLE 6 THREAT OF NEW ENTRANTS ANALYSIS IN DISTRIBUTION TRANSFORMERS MARKET
TABLE 7 BARGAINING POWER OF BUYER ANALYSIS IN DISTRIBUTION TRANSFORMERS MARKET
TABLE 8 BARGAINING POWER OF SUPPLIERS ANALYSIS IN DISTRIBUTION TRANSFORMERS MARKET
TABLE 9 THREAT OF SUBSTITUTE PRODUCTS ANALYSIS IN DISTRIBUTION MARKET
TABLE 10 COMPETITIVE RIVALRY BETWEEN EXISTING PLAYERS ANALYSIS IN DISTRIBUTION TRANSFORMERS MARKET
TABLE 11 NORTH AMERICA DISTRIBUTION TRANSFORMERS MARKET 2017-2025($ MILLION)
LIST OF FIGURES
FIGURE 1 REASONS FOR FAILURE IN DISTRIBUTION TRANSFORMERS
FIGURE 2 NORTH AMERICA DRY TYPE DISTRIBUTION TRANSFORMERS MARKET 2017-2025($ MILLION)
FIGURE 3 NORTH AMERICA OIL FILLED DISTRIBUTION TRANSFORMER MARKET 2017-2025($ MILLION)
FIGURE 4 NORTH AMERICA PAD MOUNTED DISTRIBUTION TRANSFORMER MARKET 2017-2025($ MILLION)
FIGURE 5 NORTH AMERICA POLE MOUNTED DISTRIBUTION TRANSFORMER MARKET 2017-2025($ MILLION)
FIGURE 6 NORTH AMERICA UNDERGROUND VAULT DISTRIBUTION TRANSFORMER MARKET 2017-2025($ MILLION)
FIGURE 7 NORTH AMERICA SINGLE PHASE POWER DISTRIBUTION TRANSFORMER MARKET 2017-2025($ MILLION)
FIGURE 8 NORTH AMERICA THREE PHASE POWER DISTRIBUTION TRANSFORMER MARKET 2017-2025($ MILLION)
FIGURE 9 GROWTH OF THE COUNTRIES CAGR FOR THE FORECASTED PERIOD
FIGURE 10 THREE PHASE SEGMENT OUTLOOK 2016 & 2025 ($ MILLION)
FIGURE 11 POLE MOUNTED SEGMENT OUTLOOK 2017-2025($ MILLION)
FIGURE 12 PORTERS 5 FORCE MODEL OF DISTRIBUTION TRANSFORMER MARKET
FIGURE 13 INVESTMENT PREPOSITION ACROSS REGIONS 2017-2025
FIGURE 14 US DISTRIBUTION TRANSFORMERS MARKET 2017-2025($ MILLION)
FIGURE 15 CANADA DISTRIBUTION TRANSFORMERS MARKET 2017-2025($ MILLION)
FIGURE 16 MARKET SHARE ANALYSIS OF DISTRIBUTION TRANSFORMERS MARKET (2016)
FIGURE 1 REASONS FOR FAILURE IN DISTRIBUTION TRANSFORMERS
FIGURE 2 NORTH AMERICA DRY TYPE DISTRIBUTION TRANSFORMERS MARKET 2017-2025($ MILLION)
FIGURE 3 NORTH AMERICA OIL FILLED DISTRIBUTION TRANSFORMER MARKET 2017-2025($ MILLION)
FIGURE 4 NORTH AMERICA PAD MOUNTED DISTRIBUTION TRANSFORMER MARKET 2017-2025($ MILLION)
FIGURE 5 NORTH AMERICA POLE MOUNTED DISTRIBUTION TRANSFORMER MARKET 2017-2025($ MILLION)
FIGURE 6 NORTH AMERICA UNDERGROUND VAULT DISTRIBUTION TRANSFORMER MARKET 2017-2025($ MILLION)
FIGURE 7 NORTH AMERICA SINGLE PHASE POWER DISTRIBUTION TRANSFORMER MARKET 2017-2025($ MILLION)
FIGURE 8 NORTH AMERICA THREE PHASE POWER DISTRIBUTION TRANSFORMER MARKET 2017-2025($ MILLION)
FIGURE 9 GROWTH OF THE COUNTRIES CAGR FOR THE FORECASTED PERIOD
FIGURE 10 THREE PHASE SEGMENT OUTLOOK 2016 & 2025 ($ MILLION)
FIGURE 11 POLE MOUNTED SEGMENT OUTLOOK 2017-2025($ MILLION)
FIGURE 12 PORTERS 5 FORCE MODEL OF DISTRIBUTION TRANSFORMER MARKET
FIGURE 13 INVESTMENT PREPOSITION ACROSS REGIONS 2017-2025
FIGURE 14 US DISTRIBUTION TRANSFORMERS MARKET 2017-2025($ MILLION)
FIGURE 15 CANADA DISTRIBUTION TRANSFORMERS MARKET 2017-2025($ MILLION)
FIGURE 16 MARKET SHARE ANALYSIS OF DISTRIBUTION TRANSFORMERS MARKET (2016)
