Transformer Market in India 2014-2018

About Transformers

A transformer is a device that transfers electrical energy from one circuit to another, operating in the principle of electromagnetic induction. A basic transformer consists of a core that creates a path for magnetic flux, a primary coil that receives a current from an AC source, a secondary coil that receives a current from the primary winding and transfers it to the load, and finally, an enclosure that protects the transformers from dirt, moisture and other damage. Transformers are basically of two types: Power and Distribution transformers. Power transformers are used for stepping up or stepping down the electric current voltage from generators. Distribution transformers are used for changing electric current voltage at various transmission stations and sub-stations.

TechNavio's analysts forecast the Transformer market in India will grow at a CAGR of 12.68 percent over the period 2014-2018.

Covered in this Report

The Transformer market in India can be segmented into two product segments: Power Transformer and Distribution Transformer.

TechNavio's report, the Transformer Market in India 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on India; it also covers the Transformer market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

• India

Key Vendors

• ABB Ltd.

• Alstom SA

• BHEL

• Crompton Greaves Ltd

• Siemens AG

Other Prominent Vendors

 

• EMCO Ltd

• Bharat Bijlee Ltd

• IMP Powers Ltd

• Kirloskar Electric Company Ltd

• Prolec GE International S de R.L de C.V

• Transformers & Rectifiers (India) Ltd

• Vijai Electricals Ltd

• Voltamp Transformers Ltd 

Key Market Driver

• Increasing production of electricity in India. 

• For a full, detailed list, view our report.

Key Market Challenge

• Lack of adequate domestic testing facility for transformers. 

• For a full, detailed list, view our report.

Key Market Trend

• Increasing power generation capacity. 

• For a full, detailed list, view our report.

Key Questions Answered in this Report

• What will the market size be in 2018 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.