DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/q9vmx6/power_transformer) has announced the addition of the "Power Transformer Market by Rating, by Type of Cooling Method & Region - Global Trends & Forecasts to 2020" report to their offering.
Global energy production has increased over the past decade, from 15,409.0 TWH in 2000 to 23,536.5 TWH in 2014. This has also led to the increasing need for expanding T&D networks globally; new T&D infrastructure needs USD 1.9 Trillion in cumulative investment by 2024 to meet the growing energy demands.
This includes substations, power lines, and associated equipment and new technology. Governments worldwide are investing in T&D network expansion projects, increasing the demand for power transformers.
The power transformer market is projected to grow at a CAGR of 7.6% during the forecast period. T&D investment would approximately account for 40% of the total power infrastructure spending. Investments in renewable energy sources has increased from USD 60 Billion in 2000 to USD 300 Billion in 2011. However, for many emerging economies, keeping up with the increasing electricity demand is a huge investment challenge, and current investment trends provide some warning signs for the adequacy of power supply.
This report caters to the requirements of certain stakeholders in the power transformer market which include power transformer manufacturing companies, utility companies, industrial associations, and private equity investors among others.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Power Transformers Market, By Rating
7 Power Transformers Market, By Cooling Type
8 Power Transformer Market, By Region
9 Competitive Landscape
10 Company Profiles
- ABB Ltd.
- Bharat Heavy Electricals Limited
- Crompton Greaves Limited
- General Electric Company
- Hyosung Group
- Hyundai Heavy Industries Co., Ltd.
- Mitsubishi Electric Corporation
- SPX Transformer Solutions, Inc.
- Siemens AG
For more information visit http://www.researchandmarkets.com/research/q9vmx6/power_transformer