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AT CAGR of 7.20%, Transformers Market to Exceed USD 60713.2 Mn by 2028


New York City, NY: June 19, 2020 – Published via (Wired Release) – published a new industry research report on “Positive And Negative Impact Of Coronavirus/Covid-19 on Global Transformers Market with detailed information break-down data by product types (Power Transformer, Distribution Transformer, Instrument Transformer), segmentation by application (Power Industry, Metallurgy Industry, Petrochemicals Industry, Urban Construction), 2020 leading key players scenario visible among the impact of COVID-19 such as CG Power and Industrial, Efacec Power Solutions, SA, SGB-SMIT Holding, Toshiba Corporation, Mitsubishi Electric Corporation, Siemens Aktiengesellschaft, Hitachi Ltd., Hyosung Corporation, ABB Ltd., JiangSu HuaPeng Transformer, General Electric Company, S.G.P.S. and Fuji Electric Co. Ltd..

The Transformers market size is projected to expand from USD 30387.2 Mn in 2018 to USD 60713.2 Mn by 2028, at a Compound Annual Growth Rate (CAGR) of 7.20% during the forecast period. 

The Transformers market has been pickup high-quality momentum in the latest years includes a thorough compilation of the quantitative analysis of the industry for a period of 10 years in order to assist players to grow in the market. A more extensive study of the product application and services conducted by subject matter experts assessing the transformers market displays data in a statistical format to offer a better understanding of the dynamics that will help product owners to make a wise decision.

To Understand How Covid-19 Impact Is Covered In Transformers Market Report | Get PDF Sample Copy of the report at –

NOTE: team is review Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

This is the latest report covering the current Coronavirus (COVID-19): News and Impact Analysis (2020-2029). The coronavirus pandemic has greatly affected every aspect of the worldwide industry. It has brought along various changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact are covered in the research report. The report discusses all the major aspects of the market with expert opinions on the current status along with historical data.

Key Points of the Global Transformers Market Report:

  • The report yields a primary overview of the transformers industry including its definition, economic outlook, key-supply demand analysis and manufacturing technology.
  • The report also delves into the major worldwide key prominent players in detail. In this part, the report presents the company profile, product specifications, capacity, and production value up to 2029 forecast year, amidst the market shares for each company.
  • Through the statistical analysis, the study depicts the global market for transformers including capacity, production, production value, cost/profit, and supply/demand from an international perspective.
  • Considering segmentation, the market is divided in terms of product, end-use, company, region, and other important aspects. Each of these categories forms an important base point for competitive landscape analysis.
  • The report then estimates the market development and trends of the transformers industry up to 2029.
  • The report hints at crucial information associated with new market developments being undertaken in the transformers industry before evaluating its feasibility.

Book Latest Edition of Study COVID-19 Impact on Global Transformers Market With Recovery Analysis 2020 @

The segments and sub-section of Transformers Market are shown below:

The segmentation is used to decide the target market into smaller sections or segments like product type, application, and geographical regions. 

In terms of applications, the Transformers Market can be segmented into:

Power Industry
Metallurgy Industry
Petrochemicals Industry
Urban Construction.

In terms of Product, the Transformers Market can be segmented into:

Power Transformer
Distribution Transformer
Instrument Transformer.

The key profiles various organizations and players have likewise been highlighted here:

ABB Ltd.
Siemens Aktiengesellschaft
Toshiba Corporation
Hitachi Ltd.
Fuji Electric Co. Ltd.
Mitsubishi Electric Corporation
Hyosung Corporation
General Electric Company
CG Power and Industrial
SGB-SMIT Holding
Efacec Power Solutions
JiangSu HuaPeng Transformer

Regional Outlook (Revenue in USD Million; 2020-2029)

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)

Key Reasons to Purchase:

  • To gain insightful analyses of the transformers market and have a comprehensive understanding of the global market and its commercial landscape.
  • Assess the transformers production processes, major issues, and solutions to mitigate the development risk.
  • To understand the most affecting driving and restraining forces in transformers market and its impact on the global market.
  • Learn about the transformers market strategies that are being adopted by leading respective organizations.
  • To understand the transformers outlook and prospects for the market.
  • Prevalent business strategies by transformers key market players.

Buy Now This Premium Report to Grow your Business:


1. Abstract With Technical Keywords

1.1 Study Scope

1.2 Research Report Guidance

1.3 Market Segmentation

2. Transformers Market: Research Methodology

2.1 Scope of the Study

2.2 Method of Research Verified by

2.2.1 Data Collection

3.2.2 Primary Interviews

2.2.3 Hypothesis formulation

2.2.4 Macro-economic factor analysis

2.2.5 Developing base number

2.2.6 Data Triangulation

2.2.7 Country-level data

3. Transformers Market Landscape

3.1 Market Overview

3.2 PEST Analysis

3.2.1 North America

3.2.2 Europe

3.2.3 APAC

3.2.4 MEA

3.3.5 Expert Opinion

4. Impact of Covid-19 on Transformers Segments, By Type

4.1 Introduction

5. Impact of Covid-19 on Transformers Segments, By Application

5.1 Introduction

6. Impact of Covid-19 on Transformers Segments, By Geographic Analysis

6.1 Introduction

7. Appendix

List of Figures

List of Tables

Author Details


TOC Continued

Browse Full Report with More Professional and Technical insights including COVID-19 Impact:

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