Bharat Book Bureau Provides the Trending Market Research Report on “Global Transformers Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024”under Heavy Industry Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global Transformers Market is expected to grow at a CAGR of roughly 3.8% over the next five years, will reach 24400 million US$ in 2024.
Global Transformers Market is an electrical device that transfers energy between two or more circuits through electromagnetic induction. In grid networks, two main types of transformers are used - power transformers and distribution transformers.
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Scope of the Report:
The transformer is the static device which works on the principle of electromagnetic induction. It is used for transferring the electrical power from one circuit to another without any variation in their frequency. In electromagnetic induction, the transfer of energy from one circuit to another takes places by the help of the mutual induction.
The worldwide market for Transformers is expected to grow at a CAGR of roughly 3.8% over the next five years, will reach 24400 million US$ in 2024, from 20200 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Transformers in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers:
Qingdao Transformer Group
Qiantang River Electric
Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
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