Key Findings
The global distribution transformer market is estimated to register a CAGR of 7.88% during the forecast period of 2020-2028. The reformation of the existing power infrastructure, increasing number of smart grid initiatives, growing focus on safety and environment, and technological development in distribution transformers are promoting market growth immensely.

Market Insights
A distribution transformer provides the final voltage transformation in the electric distribution power distribution system, and are used in stepping down the voltage in the distribution lines to the level used by the customer. Distribution transformers work at low efficiency and offer maximum efficiency. They are small in size, easy to install, always fully loaded, and offer low magnetic losses. The large scale implementation of smart grid technologies has led to the considerable growth of smart sensors, which help in the fast and efficient detection of unusual activities in the grid. In 2016, grid investments increased considerably, boosting a strong growth in grid infrastructural development, resulting in increasing demand smart meters, transformers, and others. Standardization of equipment, stress-causing failures, operational inefficiencies, volatile prices of raw materials are the factors hindering the market growth. In recent years, a considerable rise and decline are noticed in ferrite prices, due to North America’s microeconomic factors, which acts as a market constraint. The competition is high in the market due to the presence of a large number of companies as the players try to offer superior products at similar prices or similar products at a lower cost.

Regional Insights
The global distribution transformer market is analyzed geographically on the basis of markets situated in North America, Europe, Asia Pacific, and the Rest of the World. As of 2019, the Asia Pacific region holds the largest market share in terms of revenue, and continues the trend till the end of the forecast period. This is attributed to increasing smart grid initiatives, owing to rising electricity demand and technology upgradation in smart grid systems in the region.

Competitive Insights
General Electric Company, ABB Ltd, Wilson power solution, Siemens AG, Kirloskar Electric Company Limited, etc. are some of the well-known companies functioning in the market.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments