U.S. Oil Filled Transformer Market size to grow at 4% CAGR by 2024
The U.S. oil filled transformer market is predicted to expand over 4% by 2024. Ongoing technological enhancements for the provision of reliable grid support systems along with massive government funding for the establishment of cross border transmission networks will boost the industry growth.
Selbyville, United States – July 29, 2019 /MarketersMedia/ —
Eminent oil filled transformer market participants comprise Siemens, Eaton Corporation, General Electric, ABB, Toshiba Corporation, LSIS Co., and Ormazabal amongst others. Strengthened distributary network, extensive R&D coupled with product accreditations are few key assets that serve as a foundation for the development of efficient transformers.
The shifting focus toward the necessity of modern electric infrastructure has significantly elevated the oil filled transformer market dynamics in the recent years. In line with this, the supportive regulatory practices toward the refurbishment of existing grid networks have also been fueling the demand for oil filled transformers across the globe.
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Pages: 400
Tables: 564
Charts / Figures: 32
Companies covered: 22
Countries covered: 40
Oil Filled Transformer Market is anticipated to surpass USD 45 billion by 2024. Increasing expenditure pertaining to the development of grid networks along with positive government initiatives for the revamping of existing electrical infrastructure will drive the oil filled transformer market. The Federal Energy Regulatory Commission in 2015, stated that it has tripled the expenditures on transmission to USD 15 billion as compared to its fund flow in 2006. Significant increase in the electricity demand owing to ongoing commercialization and industrialization will further complement the industry landscape.
Single-phase transformers will witness significant growth on account of favorable government measures including incentivization policies and feed in tariffs (FITs) toward the establishment of renewable energy infrastructure. Deployment of energy efficient transformer units across small scale industries in the developing countries will further stimulate the oil filled transformer market.
Development of rail and road networks in developed regions in line with massive fund allocations across the transportation industry will augment the installation of pad mounted units. Rising infrastructural fund flow across electricity markets along with enhanced government efforts to overcome power deficit will further fuel the oil filled transformer market.
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As the demand for efficient oil filled transformers continues to flourish in the coming years, several other renowned industry players including General Electric, Ormazabal, Eaton Corporation, Toshiba Corporation Siemens, are also likely to following similar investment trends, which in turn are expected to strengthen oil filled transformer industry trends in the coming years.
With these aforementioned regional and competitive trends analyzed to be more enduring in ensuing years, it won’t be wrong to quote that oil filled transformer market is certain to emerge as one of the most significant verticals of the energy domain. A report by Global Market Insights, Inc., further throws light on the growth prospects of oil filled transformer market, which is forecast to witness annual installations of around 600 thousand units and cross USD 45 billion in terms of revenue by 2024.
Chapter 4 Global Oil Filled Transformer Market, By Core
4.1 Global oil filled transformer market share by core, 2017 & 2024
4.2 Closed
4.2.1 Global market from closed, 2013 – 2024
4.2.2 Global market from closed, by region, 2013 – 2024
4.2.3 Global market from closed, by region, 2013 – 2024
4.3 Shell
4.3.1 Global market from shell, 2013 – 2024
4.3.2 Global market from shell, by region, 2013 – 2024
4.3.3 Global market from shell, by region, 2013 – 2024
4.4 Berry
4.4.1 Global market from berry, 2013 – 2024
4.4.2 Global market from berry, by region, 2013 – 2024
4.4.3 Global market from berry, by region, 2013 – 2024
Chapter 5 Global Oil Filled Transformer Market, By Product
5.1 Global oil filled transformer market share by product, 2017 & 2024
5.2 Distribution Transformer
5.2.1 Global market from distribution transformer, 2013 – 2024
5.2.2 Global market from distribution transformer, by region, 2013 – 2024
5.2.3 Global market from distribution transformer, by region, 2013 – 2024
5.3 Power Transformer
5.3.1 Global market from power transformer, 2013 – 2024
5.3.2 Global market from power transformer, by region, 2013 – 2024
5.3.3 Global market from power transformer, by region, 2013 – 2024
5.4 Instrument Transformer
5.4.1 Global market from instrument transformer, 2013 – 2024
5.4.2 Global market from instrument transformer, by region, 2013 – 2024
5.4.3 Global market from instrument transformer, by region, 2013 – 2024
5.5 Others
5.5.1 Global market from others, 2013 – 2024
5.5.2 Global market from others, by region, 2013 – 2024
5.5.3 Global market from others, by region, 2013 – 2024
Chapter 6 Global Oil Filled Transformer Market, By Winding
6.1 Global oil filled transformer market share by winding, 2017 & 2024
6.2 Two Winding
6.2.1 Global market from two winding, 2013 – 2024
6.2.2 Global market from two winding, by region, 2013 – 2024
6.2.3 Global market from two winding, by region, 2013 – 2024
6.3 Auto Transformer
6.3.1 Global market from auto transformer, 2013 – 2024
6.3.2 Global market from auto transformer, by region, 2013 – 2024
6.3.3 Global market from auto transformer, by region, 2013 – 2024
Chapter 7 Global Oil Filled Transformer Market, By Installation
7.1 Global oil filled transformer market share by installation, 2017 & 2024
7.2 Outdoor
7.2.1 Global market from outdoor, 2013 – 2024
7.2.2 Global market from outdoor, by region, 2013 – 2024
7.2.3 Global market from outdoor, by region, 2013 – 2024
7.3 Indoor
7.3.1 Global market from indoor, 2013 – 2024
7.3.2 Global market from indoor, by region, 2013 – 2024
7.3.3 Global market from indoor, by region, 2013 – 2024
Chapter 8 Global Oil Filled Transformer Market, By Modes of Cooling
8.1 Global oil filled transformer market share by modes of cooling, 2017 & 2024
8.2 Oil Natural Air Natural (ONAN)
8.2.1 Global market from Oil Natural Air Natural (ONAN), 2013 – 2024
8.2.2 Global market from Oil Natural Air Natural (ONAN), by region, 2013 – 2024
8.2.3 Global market from Oil Natural Air Natural (ONAN), by region, 2013 – 2024
8.3 Oil Natural Water Forced (ONWF)
8.3.1 Global market from Oil Natural Water Forced (ONWF), 2013 – 2024
8.3.2 Global market from Oil Natural Water Forced (ONWF), by region, 2013 – 2024
8.3.3 Global market from Oil Natural Water Forced (ONWF), by region, 2013 – 2024
8.4 Oil Natural Air Forced (ONAF)
8.4.1 Global market from Oil Natural Air Forced (ONAF), 2013 – 2024
8.4.2 Global market from Oil Natural Air Forced (ONAF), by region, 2013 – 2024
8.4.3 Global market from Oil Natural Air Forced (ONAF), by region, 2013 – 2024
8.5 Others
8.5.1 Global market from others, 2013 – 2024
8.5.2 Global market from others, by region, 2013 – 2024
8.5.3 Global market from others, by region, 2013 – 2024
11.1 Global oil filled transformer market share by rating, 2017 & 2024
11.2 10 MVA, by region, 2013 – 2024
Chapter 12 Global Oil Filled Transformer Market, By Substation Connectivity
12.1 Global oil filled transformer market by substation connectivity,2017 & 2024
12.2 Distribution
12.2.1 Global market from distribution, 2013 – 2024
12.2.2 Global market from distribution, by region, 2013 – 2024
12.2.3 Global market from distribution, by region, 2013 – 2024
12.3 Transmission
12.3.1 Global market from transmission, 2013 – 2024
12.3.2 Global market from transmission, by region, 2013 – 2024
12.3.3 Global market from transmission, by region, 2013 – 2024
Chapter 13 Global Oil Filled Transformer Market, By Application
13.1 Global oil filled transformer market share by application, 2017 & 2024
13.2 Residential & Commercial
13.2.1 Global market from residential & commercial, 2013 – 2024
13.2.2 Global market from residential & commercial, by region, 2013 – 2024
13.2.3 Global market from residential & commercial, by region, 2013 – 2024
13.3 Utility
13.3.1 Global market from utility, 2013 – 2024
13.3.2 Global market from utility, by region, 2013 – 2024
13.3.3 Global market from utility, by region, 2013 – 2024
13.4 Industrial
13.4.1 Global market from industrial, 2013 – 2024
13.4.2 Global market from industrial, by region, 2013 – 2024
13.4.3 Global market from industrial, by region, 2013 – 2024
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Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/pressrelease/oil-filled-transformer-market
Source URL: https://marketersmedia.com/us-oil-filled-transformer-market-size-to-grow-at-4-cagr-by-2024/88901779
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