Single Phase Transformers Market By Technology (Vacuum Pressure Impregnated (VPI) and Cast Resin), Component (Breathers, Laminated Steel Core, Oil Conservators, Bushings and Terminals) and Application (Industrial and Commercial) - Global Industry Analysis And Forecast To 2025
The single-phase transformers receive the AC power of single-phase and gives output AC power of single-phase, generally at the lower or higher voltage level. The energy is exchanged from a circuit to at least one or more circuits by means of the electromagnetic induction. Various types of the single-phase transformers manufactured are; audio transformer, buck-boost transformer, constant-current transformer, flyback transformer, generator step-up transformer, impedance matching transformer, interface transformer, isolation transformer, lighting transformer, multi-ratio transformer, neutral grounding transformer, solar power transformer, substation transformer, autotransformer, constant-voltage transformer (CVT), harmonic mitigating transformer, medical transformer, industrial control transformer, power transformer, resonant transformer, etc. Therefore, the Single Phase Transformers Market is anticipated to expand and has tremendous scope during the forecast period. The global Single Phase Transformers Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Based on Technology the market is segmented into Vacuum Pressure Impregnated (VPI) and Cast Resin. The Cast Resin section is leading the market owing to the safety offered by this resin in the corrosive environment, more compatibility with high levels of vibrations, less damage to the isolated wire during peak currents, etc.
Based on Component the market is segmented into Breathers, Laminated Steel Core, Oil Conservators, Bushings and Terminal.
Based on Application the market is segmented into Industrial and Commercial. The Industrial section is leading the market due to rising advancement in the field of power distribution, the property of these transformers to carry high voltage and other factors.
The Asia Pacific region is leading the global Single Phase Transformers Market owing to rising government investment in sector of power generation & distribution, increasing number of projects relate to long-distance power transmission, etc.
Single Phase Transformers Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Hammond Power Solution
TBEA Transformer Industrial Group
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?