India's $2.9 Billion Power & Distribution Transformer Market 2012-2022
Dublin, June 19, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "India Power & Distribution Transformer Market (2017-2022): Market Forecast by Types, Power Rating, Cooling System, Applications, Regions and Competitive Landscape" report to their offering.
The India Power & Distribution Transformer market is forecast to reach $2.9 billion by 2022
Electricity is a major constituent for the economic growth of the country. There has been a surge in demand for power in India which was due to increase in capacity utilization, industrialization, urbanization and population. Currently, India has the fifth largest installed capacity in the power sector worldwide. Reforms such as Power for all and plans to add 88.5 GW of capacity by 2017 and 93 GW by 2022 would fuel the demand for power transmission and distribution equipment.
Government is taking major steps to strengthen the power transmission & distribution network and has undertaken initiatives such as UDAY for financial turnaround of power distribution companies. Further, the Government of India has projected an investment of INR 146,000 crore in power transmission sector by FY 2019 to strengthen the transmission network thus increasing the demand for power transformers
The Western region accounted for the largest revenue share in the country in 2016. However, the major investment in transmission sector is expected in the Southern region, followed by the Northern and Western region. In the distribution sector, the Western region is expected to receive highest investments followed by the Southern and Northern region
The report thoroughly covers the market by transformer types, by power rating, by cooling system, by applications and by regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics
Market Dynamics
Market Drivers
- Government Initiatives - DDUGJY, IPDS, UDAY
- Growing FDI in Power Sector
- Replacement of Transformers
- Growing Renewable Energy Sector
Market Restraints
- High CRGO Imports
- Inadequate Testing Facility
Markets Covered:
The report provides the detailed analysis of the following market segments:
By Type:
- Power Transformer
- Distribution Transformer
By Power Rating:
Power Transformer
- 5.1 MVA - 50 MVA
- 50.1 MVA - 160 MVA
- 160.1 MVA - 350 MVA
- Above 350 MVA
Distribution Transformer
- Up to 100 kVA
- 100.1 - 315 kVA
- 315.1 - 5 MVA
By Cooling System:
- Dry Type
- Liquid Type
By Applications:
- Power Utilities
- Industrial
Key Topics Covered:
1. Executive Summary
2. Introduction
3. Global Power and Distribution Transformer Market Overview
4. India's Power Sector Overview
5. India Electrical Equipment Industry Overview
6. India Power & Distribution Transformer Market Overview
7. India Power & Distribution Transformer Market Dynamics
8. India Power and Distribution Transformer Market Trends
9. India Distribution Transformer Market Overview
10. India Power Transformer Market Overview
11. India Power and Distribution Transformer Market Overview, By Cooling System
12. India Power and Distribution Transformer Application Market Overview
13. India Power and Distribution Transformer Regional Market Overview
14. India Power and Distribution Transformer Market Opportunity Assessment
15. India Transformer Market Import & Export Statistics
16. Competitive Landscape
17. Company Profiles
- ABB India ltd.
- Bharat Bijlee Limited
- Bharat Heavy Electricals Ltd.
- Crompton Greaves Ltd.
- Emco Ltd.
- GE T&D India Ltd.
- IMP Powers Ltd.
- Kirloskar Electric Company Ltd.
- Schneider Electric Infrastructure Ltd
- Siemens Ltd.
- TBEA Energy (India) Pvt. Ltd.
- Toshiba Transmission & Distribution Systems (India) Pvt. Ltd
- Transformer & Rectifiers (India) Ltd.
- Voltamp Transformer Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/m2vng9/india_power_and
CONTACT: Research and Markets
Laura Wood, Senior 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
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Electricity , Heat Exchangers and Cooling Towers
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.