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Global Transformer Manufacturing Market Briefing 2017 - Research and MarketsResearch and Markets has announced the addition of the "Transformer Manufacturing Market Global Briefing 2017" report to their offering. Global Transformer Manufacturing Market Briefing provides strategists, marketers and senior management with the critical information they need to assess the global transformer manufacturing market. The transformer manufacturing industry can be categorized into i) Power Transformers that consist of a coil wrapped around an electromagnet that transfers electricity from one circuit to another circuit without a change in the frequency of electric current. ii) Distribution Transformers that provide the final voltage transformation in the electric power distribution system to customers by reducing voltage to the level used by them. iii) Specialty Transformers are used in sensitive applications, such as in an oxygenated environment, where current leakages may cause injuries. Asia Pacific was the lagest region in the transformer manufacturing market in 2016, accounting for 45% market share. This can be attributed to high demand for industrial transformers from a large manufacturing base in China and India. It is followed by North America was accounting for 22% market share. Western Europe was the third largest region accounting for 22% market share. The top five competitors in the market made up 34% of the total market share in 2016. Toshiba Corporation was the largest competitor, followed by Schneider Electric (News - Alert), ABB Ltd., Mitsubishi Electric Corporation, and Siemens. Scope:
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For more information about this report visit http://www.researchandmarkets.com/research/x4gv9d/transformer. View source version on businesswire.com: http://www.businesswire.com/news/home/20170529005219/en/ |