India Power & Distribution Transformers Market – Projected to Surpass $3 Billion by 2022 – Research and Markets

17-Apr-2017 Intellasia | BusinessWire | 5:39 PM Print This Post

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “India
Power & Distribution Transformers Market 2022″
report to
their offering.

The power & distribution transformers market in India is projected to
surpass $ 3 billion by 2022. Distribution transformers dominated India
power & distribution transformers market over the past few years, and
this trend is anticipated to continue in the coming years, as well.

Transformers play a vital role in power transmission and distribution
network. With power being one of the most crucial factors for any
country’s economic development, and India having emerged as the world’s
third largest producer of electricity, after the US and China, demand
for both power and distribution transformers continues to grow in the
country. In 2016, India’s total installed capacity of power was 310 GW,
and this figure is expected to further increase over the next five years.

Growing demand for distribution transformers in India can be attributed
to increasing focus of Government of India to provide access to
electricity to all rural households of the country. Furthermore, the
west region garnered the largest share in the country’s power &
distribution market in 2016, and the region is anticipated to continue
its dominance through 2022, owing to rising number of power projects
being undertaken coupled with increasing urbanization and
industrialization in the region.

Companies Mentioned

  • ABB India Ltd.
  • Bharat Bijlee Ltd.
  • Bharat Heavy Electricals Limited
  • Crompton Greaves Limited
  • EMCO Limited
  • GE (Alstom T&D Ltd.)
  • Kirloskar Electrical Ltd.
  • Siemens Ltd.
  • Transformers and Rectifiers India Ltd.
  • Voltamp Transformers Limited

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. India Transformers Market Overview

5. India Power and Distribution Transformers Market Outlook

6. India Power Transformers Market Outlook

7. India Distribution Transformers Market Outlook

8. Market Dynamics

9. Market Trends & Developments

10. Trade Analysis

11. Policy & Regulatory Landscape

12. India Economic Outlook

13. Competitive Landscape

For more information about this report visit http://www.researchandmarkets.com/research/svrgsp/india_power_and

Contacts

Research and Markets
Laura Wood, Senior Manager
[email protected]
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Related
Topics: Electricity

 


Category: BusinessWire, PRAsia

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