Power Transformer Market to Grow at 6.34% CAGR to 2019 Says a New Research Report at ReportsnReports.com
Dallas, Texas (PRWEB) May 21, 2015 -- The report, Global Power Transformer Market 2015-2019 says decreasing prices of raw materials is one of the key trends being witnessed in the market. Dipping prices of these two raw materials are expected to lead to reduced manufacturing costs, which will ease the burden on end-users such as the Utilities, Industrial, and Commercial sectors. According to the report, the replacement of aging transformers with new ones is one of the major drivers of the Power Transformer market. This replacement cycle in the Americas and in Europe is propelling demand for power transformers. Replacing these aging transformers will also ensure efficient electricity networks.
The complete report of 77 pages is available at http://www.reportsnreports.com/reports/358810-global-power-transformer-market-2015-2019.html. The report provides 40 List of Exhibits that includes Global Trend of Copper Prices; Global Trend of Carbon Steel Prices; Global Power Transformer Market by Product Segmentation 2014 and 2019 (Revenue) and more.
The analysts forecast Global Power Transformer market to grow at a CAGR of 6.34% over the period 2014-2019. This report covers present scenario and the growth prospects of the Global Power Transformer market for the period 2015-2019. The report considers the revenue generated from the sale of power transformers based on capacity.
To calculate the market size and vendor share, the report considers the following:
• Sales of power transformers
• Provision of support
• Provision of maintenance
The report recognizes the following companies as the key players in the Global Power Transformer Market: ABB Ltd., Alstom SA, GE Co. and Siemens AG.
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Other Prominent Vendors in the market are: Crompton Greaves, Hyosung Power & Industrial Systems Performance Group, Hyundai Heavy Industries, Mitsubishi Electric, Tebian Electric Apparatus Stock, Toshiba and XD Group.
Further, the report states that one of the major challenges in this market is the need for effective product differentiation. The large number of regional and local vendors in the market has forced bigger players to innovate and develop advanced products.
Related Report:
Power Tools Market in the US 2015-2019: The analysts forecast power tools market in the US to grow at a CAGR of 4.22% over the period 2015-2019.
This report covers the present scenario and the growth prospects of the power tools market in the US during the period 2015-2019. For ascertaining the market size and vendor share, the report considers the revenue generated from the sales of power tools.
The report, Power Tools Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the power tools market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Vendors: Bosch, Makita, Stanley Black & Decker and Techtronic Industries
Other prominent vendor: Actuant, Blount International, Emerson Electric, Hilti, Hitachi Koki, Panasonic and Snap-On.
Market driver: Recovery of manufacturing sector
Market challenge: Lack of product differentiation
Market trend: Energy-efficient power tools
Global Wireless Power Transmission Market 2015-2019 (Get 20% Discount on this report till May 22, 2015): Analysts forecast the Global Wireless Power Transmission market to grow at a CAGR of 51.3% over the period 2014-2019.
The report, Global Wireless Power Transmission Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Wireless Power Transmission market forecast and its growth prospects in the coming years. The report includes segmentation of the market on the basis of type of application and geography. It also includes a discussion of the key vendors operating in this market.
Key Vendors: Convenient Power Hk, Energizer Holding, Integrated Device Technology, Leggett & Platt, Qualcomm
Other Prominent Vendors: Murata Manufacturing, Plugless Power, Powermat, Texas Instruments and Witricity
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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