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The gas insulated transformer market is expected to grow from USD 2.66 Billion in 2017 to USD 3.45 Billion by 2023, at a CAGR of 4.61%, from 2018 to 2023. <br><br>Read more - https://www.marketsandmarkets.com/Market-Reports/gas-insulated-transformer-market-175735946.html
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Gas Insulated Transformer Market by Type, Voltage, Installation, End-User, and Region - Global Forecast to 2023 www.MarketsandMarkets.com
Utility segment to hold largest share of gas insulated transformer market during forecast period The utility segment is expected to hold the largest share of the gas insulated transformer market during the forecast period. Power utilities are major suppliers of electricity to factories, commercial establishments, and homes. The projected growth of the market for this segment market during the forecast period is attributed to the growing demand for reliable power supply and rise in urbanization that has led to increasing investments in the power infrastructure. This is expected to lead to the development of transmission and distribution infrastructure, which, in turn, will increase the demand for gas insulated substations and installation of gas insulated transformers. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=175735946
Gas insulated transformer market for indoor installation to grow at higher CAGR during forecast period The market for the indoor installation is expected to grow at the higher CAGR during the forecast period. Gas insulated transformers are non-flammable, non-explosive, and have compact design which makes them ideal preference for installations in underground and indoor substations in urban areas. The increase in renewable power generation, combined with the demand for reliable power sources, and the rise in urbanization support the growth of the market for indoor installation of gas insulated transformers. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=175735946
Browse >> 69 market data tables 43 figures 138 pagesand in-depth TOC on “Gas Insulated Transformer Market - Global Forecast to 2023” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Asia Pacific: Key market for gas insulated transformer market during the forecast period. In this report, the gas insulated transformer market has been analyzed with respect to four regions Asia Pacific, North America, Europe, and Rest of the World. Rest of the World includes regions such as South America, and the Middle East and Africa. Asia Pacific is expected to account for the largest share of the global gas insulated transformer market by 2018, and this trend is projected to continue till 2023. Almost all the countries in the region are augmenting their power generation capacities. India, China, and Indonesia are investing heavily in renewable electricity generation projects, thereby driving the growth of the gas insulated transformer market in Asia Pacific. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=175735946
Target Audience: • The report’s target audience includes: • Gas Insulated Transformer manufacturers, distributors, and suppliers • Power generation companies • Industry, energy, and environmental associations • Raw material providers • Government and research organizations • Government and private utilities • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=175735946
Key players - • To provide in-depth analysis of the competitive landscape, the report includes the profiles of some of the key players in the gas insulated transformer market, which include • ABB (Switzerland), • GE (US), • Mitsubishi Electric (Japan), • Siemens (Germany), • Toshiba (Japan), • Arteche (Spain), etc. • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=175735946
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