The report “Converter Transformer Market by Configuration (Back-to-Back, Monopolar, Bipolar, and Multi-terminal), Voltage level, Application (Windfarms, Oil & Gas, and Grid interconnections), Power rating, and by Region - Global trends and forecast to 2020’’ defines ,segments analyses and forecasts the global Converter transformer market. It also identifies driving and restraining factors for the converter transformer market, with an analysis of trends, opportunities, and challenges.

The market has been segmented and the market sizes have been projected on the basis of regions, such as Europe, Asia-Pacific, and Americas. Converter transformer market is projected to reach $2,316.1 Million by 2020, at a CAGR of 18.2% from 2015 to 2020.

Key applications have been covered and projected for each region. Further, the market is segmented on the basis of voltage level, configuration, and power rating.

Download PDF Brochure on http://www.marketsandmarkets.com/pdfdownload.asp?id=170425557

Asia–Pacific market size in terms of value is expected to account for the largest market share in the next five years
Asia-Pacific region is the largest market for Converter transformer market. The region has been experiencing rapid development in its power transmission and distribution industry since the last 5 years and accounted for more than one-third of the total market in 2014. The region is expected to grow further during the forecast period, which can be attributed to the increasing investments in HVDC transmission projects.

Grid interconnections – Major application for the Converter transformer market
Converter transformer market, on the basis of application, is categorized into three primary segments: Grid interconnections, windfarms, and oil & gas. Grid interconnection application held around two-third of the total market for Converter transformer in 2014. Windfarms application is estimated to be the fastest growing application market for Converter transformer between 2015 and 2020. The key driver for the market is the increasing focus on renewable energy generation especially the offshore wind energy.

Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=170425557

The report covers the various segments like:
On the basis of application: The report considers different applications of converter such as grid interconnections, which occupy around two-thirds of the total market, windfarms, and oil & gas industry.

On the basis of configuration: Under this segmentation, the report considers various configurations of the converter substation such as monopolar, bipolar, back-to-back, and multi-terminal converter transformers.

On the basis of voltage level: Up to 200 kV, 201–400 kV, 401–600 kV, 601–800 kV, and 800+ kV voltage level ranges have been considered in this segment.

On the basis of power rating: Under this segmentation, the report considers various power rating ranges such as below 500 MW, 501–999 MW, 1001–2000 MW, and above 2000 converter transformers.

On the basis of region: The regions analyzed in the report include Asia-Pacific, Americas comprising of both North America and South America, and Europe.

Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=170425557

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]