Pad Mounted Transformer Global Market Size, Trends and Segmentation | Global Development Strategy , Applications and Forecast to 2023
Aug 1, 2018
Pad Mounted Transformer Global Market Report by Power Rating,, Phase (Single-Phase, Three-Phase), Insulation , Application (Residential, Industrial, Commercial), & Region – Forecast Till 2023
Pune, India - August 1, 2018 /MarketersMedia/ —
Market Overview:-
A pad mounted transformer is a ground mounted electric power distribution transformer, locked in a steel cabinet mounted on a concrete pad. These transformers normally have features such as tamper-resistant construction, tamper proof bolts and screws, and lockable compartments with hinged doors. These transformers serve schools, hospitals, shopping centers, and many institutional and industrial applications. Growing investment in renewable sector is rigorously driving the global pad mounted transformer market. To lessen the dependence on conventional fossil fuels, several countries are focusing on renewable energy generation. Furthermore, the market is also driven by enhancements in process control, broad application of information technology to machinery, and technological advancements in machinery. However, the factor restraining the growth of the pad mounted transformer market is that it needs land for installation and has to be placed inside an enclosure to prevent contact with flammable materials. This involves additional cost, which is not required in case of pole mounted transformers.
Market Segmentation:-
On the basis of phase, the market has been segmented into single phase pad mounted transformer and three phase pad mounted transformer. Three-phase pad mounted transformer dominate the phase segment of the market in 2016 and is continuing to dominate the market during the forecast period. Compatibility, large capacity, and high applicability with three-phase power supply provide a significant advantage to three phase pad mounted transformers over single phase pad mounted transformers. This is expected to drive the market for three-phase segment of the market. Single phase pad mounted transformer is expected to contribute significantly during the forecast period. This transformer offers a high grade of safety and aesthetics in underground distribution systems. These are designed to constantly and safely guarantee a continuous electrical energy service, as these are equipped with accessories that protect against overvoltage and overcurrent. These transformers are largely installed in shopping malls, hotels, residential areas, and recreational centers, where the transformer’s reliability and efficiency, safety and environmental aesthetics are vital.
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Industry Top Key Players:-
The prominent players in the pad mounted transformer market include Schneider Electric (France), ABB Ltd. (Switzerland), Siemens AG (Germany), Eaton Co. Plc. (Ireland), General Electric (U.S.), Crompton Graves Ltd. (India), Olsun Electrics (U.S.), Pacific Crest Transformers (U.S.), Pearl Electric Co. Ltd. (China), ERMCO (U.S.), Federal Pacific (U.S.), Hitachi Ltd. (Japan), Vantran Industries Inc. (U.S.), Sunbelt Transformer, Ltd (U.S.), and Wenzhou Rockwell Transformers Co. (China).
Major Points of Table Of Contents:-
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
3 MARKET LANDSCAPE
4 MARKET DYNAMICS
5 GLOBAL PAD MOUNTED TRANSFORMER MARKET, BY POWER RATING
6 GLOBAL PAD MOUNTED TRANSFORMER MARKET, BY PHASE
7 GLOBAL PAD MOUNTED TRANSFORMER MARKET, BY INSULATION
7.1 INTRODUCTION
7.2 DRY TYPE
7.2.1 MARKET ESTIMATES & FORECAST, 2017-2023
7.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2017-2023
7.3 LIQUID IMMERSED
7.3.1 MARKET ESTIMATES & FORECAST, 2017-2023
7.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2017-2023
8 GLOBAL PAD MOUNTED TRANSFORMER MARKET, BY APPLICATION
8.1 INTRODUCTION
8.2 RESIDENTIAL
8.2.1 MARKET ESTIMATES & FORECAST, 2017-2023
8.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
8.3 COMMERCIAL
8.3.1 MARKET ESTIMATES & FORECAST, 2017-2023
8.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
8.4 INDUSTRIAL
8.4.1 MARKET ESTIMATES & FORECAST, 2017-2023
8.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2018-2023
Continued...
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Market Research Analysis:-
For this study, the global Pad mounted transformer market has been divided into four segments such as power rating, phase type, insulation, and application. On the basis of insulation, the market has been segmented into dry type and liquid immersed. Dry type pad mounted transformer dominate the phase segment of the market in 2016 and is continuing to dominate the market during the forecast period. This transformer is safer to use and has a lower maintenance cost. This increase the popularity of dry type pad mounted transformer among the consumers.
On the basis of application, the market has been segmented into residential, industrial, and commercial. The notable growth in the industrial sector across the world is producing an immense power requirement for the proper functioning of the sector. The high reliability of industrial sector towards power is empowering the growth of the power equipment in the sector. The enormous amount of power consumption in the industrial sector with varying load capacity is estimated to boost the pad mounted transformer market during the forecast period. The commercial sector is also another major application of the market. The growth in the population resulting in urbanization across all major economies in the world is making a fruitful market for the pad mounted transformer for this sector.
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