Transformer Core Market (4.2% CAGR) 2017-2025: Global Business Growth, Size and Forecast


Posted November 4, 2019 by johnsonpaul

The global transformer core market is expected to grow at a CAGR of 4.2% over the forecast period from 2017 to 2025.

 
The latest market report published by Credence Research, Inc., the global transformer core market is expected to grow at a CAGR of 4.2% over the forecast period from 2017 to 2025.

Market Insights

The demand for transformer cores is anticipated to witness a rapid increase due to growing population, rapid urbanization, and upsurge in infrastructural development activities across the globe. The demand for electricity has increased tremendously in the recent years. Advancements in technology has led to the introduction of electronic products for domestic and commercial purposes that are electricity driven. In addition, increasing per capita disposable incomes and spending abilities of consumers has increased the sales of consumer electronic devices such as televisions, refrigerators and air conditioners.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/transformer-core-market

Also, increase in modernization especially in developing countries, rapid growth of construction industry as well as evolution of prosperous and high-tech residential complexes and societies has brought a significant increase in electricity demand. The global GDP projection is expected to achieve $83 trillion mark by 2022, due to increasing demand for infrastructural projects as well as increasing industrialization, thereby leading to increase in the demand for electricity generation in order to cater to the spiraling demand for electricity in the industrial and consumer electronics sectors. Moreover, heavy investments on industrial and domestic construction, railways, and airports have fueled the overall growth of the global transformer core market.

Currently, the global transformer core market is witnessing bright opportunities owing to increasing investments in expansion of power grids. Improvement in living standards and increasing demand for household electrical appliances followed by growth of commercial sector including schools, hospitals, retail & grocery stores, office buildings are some major aspects demanding effective power transmission. Also, rising number of industrial deployments have fueled the demand for efficient power grids, which in turn is expected to drive the overall transformer core market.

Competitive Insights

The key players in the global transformer core market are investing more on research & development activities to introduce cheaper and more efficient products to avoid core losses especially in distribution transformers. Some of the major players operating in the global transformer core market include Ferroxcube International Holdings B.V., Siemens AG, ABB Ltd., Hyosung, Mitsubishi Electric, Toshiba, Crompton Greaves, Fuji Electric and Hitachi Ltd. among others.

Key Trends

Increasing demand for electricity generation
Increasing demand for transformer cores in power transformers
Increasing investments by governments to integrate renewable sources of energy
You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/58928

Table of Content

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
1.3. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Transformer Core Market Snapshot
2.1.1. Global Transformer Core Market, by Type, 2016
2.1.2. Global Transformer Core Market, by Geography, 2016
2.2. Global Transformer Core Market: Premium Insight
2.2.1. Attractive Market Opportunities in the Global Transformer Core Market
2.2.2. Global Transformer Core Market: Developed vs. Developing Economy
2.2.3. Global Transformer Core Market: Asia-Pacific Market Analysis

Chapter 3. Transformer Core Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Drivers
3.4. Challenges
3.5. Opportunities
3.6. Attractive Investment Proposition, by Geography

Chapter 4. Global Transformer Core Market, by Type, 2015 – 2025 (Kilotons, US$ Mn)
4.1. Overview
4.1.1. Attractive Investment Proposition: By Type
4.2. Power Transformers
4.3. Distribution Transformers
4.4. Others

Chapter 5. Global Transformer Core Market, by Geography, 2015 – 2025 (Kilotons, US$ Mn)
…………..

Chapter 6. Company Profiles
6.1. Ferroxcube International Holdings B.V.
6.1.1. Business Description
6.1.2. Financial Information (Subject to data availability)
6.1.3. Product Portfolio
6.1.4. Key Developments
6.2. Siemens AG
6.3. ABB Ltd.
6.4. HYOSUNG CORPORATION
6.5. Mitsubishi Electric
6.6. Toshiba
6.7. Crompton Greaves
6.8. Fuji Electric
6.9. Hitachi Limited

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/58928

About Credence Research (Original Publisher)

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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Website: http://www.credenceresearch.com
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Tags transformer core market
Last Updated November 4, 2019