DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lt74fh/transformer) has announced the addition of the "Transformer Market in India 2015-2019" report to their offering.
The Transformer market in India to grow at a CAGR of 13.29% over the period 2014-2019
One of the major trends in the market is the increased capacity in power generation. As per the 12th Five-year Plan and the 13th Five-year Plan, it is estimated that the power generation capacity will target the achievement of 88.6 GW and 100 GW of power, respectively.
According to the report, one of the major drivers of the market is the increase in production of electricity in India. Increased production of electricity requires the use of power transformers and distribution transformers for supplying electricity from generators to end-users. This has led to growing demand for transformers in India.
Further, the report states that one of the major challenges faced by the market is the lack of adequate testing facilities for transformers, which requires transformers to be dispatched to foreign countries for testing, leading to loss of time and an increase in costs for transformer manufacturing vendors. In addition, non-availability of funds has led to the lack of establishment of testing facilities in India.
The Transformer market in India can be segmented into two product segments: Distribution Transformer, and Power Transformer. The Transformer market in India is also segmented into three categories based on voltage levels: 11kV-220kV, 220kV-400kV, and 400 kV and Above.
Key Vendors
- ABB
- Alstom
- BHEL
- Crompton Greaves
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Siemens
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Overview
- Market Size and Forecast
- Market Segmentation by Product
- Market Segmentation by Voltage
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/lt74fh/transformer