COVID-19 Impact on Power Transformer Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The Global Power Transformer Market size is expected to grow at an annual average of 7% during 2021-2027. A power transformer is a type of transformer used primarily to receive low voltage generator power and transmit it through distribution channels through a power grid network. It forms an important part of the power grid and helps to transmit power from one network to another without changing the frequency. Generating power at low voltages is cost effective but leads to high line currents.

The following Segmentation are covered in this report:

On the basis of rating

• Small Power Transformer (Up to 60MVA)
• Medium Power Transformer (61 – 600MVA)
• Large Power Transformer (Above 600MVA)

On the basis of type of cooling method

• Oil-Cooled
• Air-Cooled

Scope of the Report

The research study analyses the global Power Transformer industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key Questions Answered by Power Transformer Market Report

• What was the Power Transformer Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Power Transformer Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Power Transformer Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.