Australia Distribution Transformers Market Forecast to 2024| Statistical Analysis and Major Industry Players
JSB Market Research Provides Trending Reports on Australia Distribution Transformers Market By Insulation Type, Phase, Power Rating, Mounting, Competition, Forecast and Opportunities, 2014-2024 under Energy utilities Category. Having a robust CAGR of around 7%, Australia's distribution and transformers market is expected to reach a market value of $ 690 million by 2024. Know the present scenario and future growth opportunities in the market with the latest research report.
Australia distribution transformers market stood at around $ 456 million in 2018 and is projected to grow at a CAGR of around 7% to reach $ 690 million by 2024, on account of rising technological advancements in transformers and integration of transformer monitoring systems in power systems. Moreover, government initiatives and schemes such as subsidies and incentives by governments of Australia for installation of solar power energy in order to reduce carbon emissions are further expected to boost demand for distribution transformers in the country. Moreover, establishment of various energy networks along with integration of wind and other renewable energies are anticipated to propel demand for distribution transformers across Australia during forecast period.
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Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
To analyze and forecast Australia distribution transformers market size.
To define, classify and forecast Australia distribution transformers market based on insulation type, phase, power rating & mounting type.
To scrutinize the detailed market segmentation and forecast the market size based on region by segmenting Australia distribution transformers market into five regions namely, Australia Capital Territory & New South Wales, Northern Territory & Southern Australia, Queensland, Western Australia & Victoria & Tasmania.
To identify drivers and challenges for Australia distribution transformers market.
To strategically profile leading players operating in Australia distribution transformers market.
Some of the major players operating in Australia distribution transformers market are ABB Ltd., Siemens AG., Tyree Industries, ETEL Transformers, Wilson transformers, General Electric, CG Power and Industrial Solutions Limited, Schneider Electric SE, Eaton Corporation plc, Legrand SA, Mitsubishi Heavy Industries, Ltd., among others.
The Research performed primary as well as exhaustive secondary research for this study. Initially, Research sourced a list of distribution transformer manufacturers and suppliers in Australia. Subsequently, research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, research was able to include manufacturers that could not be identified due to the limitations of secondary research. The research analyzed product offerings, end users, and regional presence of all major distribution transformer manufacturers across the country.
The research calculated Australia distribution transformers market size by using a bottom-up approach, wherein manufacturers value sales data for different types was recorded as well as forecast for the future years. The research sourced these values from industry experts and company representatives, and these were externally validated through analyzing historical data of distribution transformers market to arrive at the overall market size. Various secondary sources such as company website, company annual reports, press releases, white papers, investor presentations and financial reports were also studied by research.
Key Target Audience:
Distribution transformer manufacturers, suppliers and end users
Research organizations and consulting companies
Associations, organizations and alliances related to distribution transformers
Government bodies such as regulating authorities and policy makers
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as distribution transformer manufacturers, distributors, dealers and policy makers. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.
Report Scope:
In this report, Australia distribution transformers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Type:
- Dry
- Oil-filled
Market, by Phase:
- Single Phase
- Three Phase
Market, by Power Rating:
- Upto 650 kVA
- 651-2500 kVA
- 2501-10000 kVA
Market, by Mounting:
- Pad Mounting
- Pole Mounting
- Underground Vault
Market, by Region:
- Australia Capital Territory & New South Wales
- Northern Territory & Southern Australia
- Queensland
- Western Australia & Victoria
- Tasmania
Competitive Landscape
Company Profiles: Detailed analysis of the major companies operating in Australia distribution transformer market.
Available Customizations:
With the given market data, Research offers customizations according to the companys specific needs. The following customization options are available for the report:
- Channel Partner Analysis
- Detailed list of distributors and dealers across the country
- Company Information
- Detailed analysis and profiling of additional market players (up to five).
- Product Information
- Detailed analysis of new products in the market and their driving forces in the market.
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Category: Energy Utilities Market Research
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