Gas Insulated Transformer Market by Type (Instrument Transformer, Others), Voltage (Medium Voltage, High Voltage, Extra High Voltage), Installation (Outdoor, Indoor), End-User (Utility, Industrial, Commercial), and Region - Global Forecast to 2023
|出版日||ページ情報||英文 139 Pages
|ガス絶縁変圧器の世界市場予測 2023年：中電圧・高電圧・超高電圧 Gas Insulated Transformer Market by Type (Instrument Transformer, Others), Voltage (Medium Voltage, High Voltage, Extra High Voltage), Installation (Outdoor, Indoor), End-User (Utility, Industrial, Commercial), and Region - Global Forecast to 2023|
|出版日: 2018年06月04日||ページ情報: 英文 139 Pages||
世界のガス絶縁変圧器市場は、2018年の27億5,000万米ドルから2023年までに34億5,000万米ドルへ、4.61%のCAGR (年間複合成長率) で拡大すると予測されています。所要スペースの少なさ、オイル漏れのリスクが無いこと、およびコンパクトサイズであることといった要因は、ガス絶縁変圧器市場を促進しています。SF6の使用に関する環境規制および高額なコストが必要なことは、同市場の成長を抑制しています。
The gas insulated transformer market is expected to grow from USD 2.75 billion in 2018 to USD 3.45 billion by 2023, at a CAGR of 4.61%. Gas insulated transformers are oil-free, nonflammable, and nonexplosive. These transformers use SF6 gas as the cooling and insulating medium, and are preferred over oil transformers during installations next to water bodies. Factors such as low spatial requirements, no risk of oil leakage, and compact size are driving the gas insulated transformer market. Asia Pacific and Europe are expected to hold large markets for gas insulated transformers during the forecast period. Urbanization requires the development of infrastructure and reliable power transmission and distribution networks. North America and Europe are the most urbanized regions, while Asia Pacific is expected to continue to witness increasing urbanization during the forecast period. The ongoing urbanization and increasing emphasis on renewable energy sources all over the world drive the gas insulated transformer market. Environmental regulations regarding the use of SF6 and high cost of equipment restrain the growth of the market.
The utility segment is expected to be the fastest-growing market for gas insulated transformers during the forecast period. The growth of the market for this segment is attributed to the rise in urbanization, which has led to the increase in investments in the power infrastructure, and the growing demand for reliable power supply. The increase in demand for reliable power supply is expected to lead to the development in the transmission and distribution infrastructure, which, in turn, increases the demand for gas insulated substations and installation of gas insulated transformer.
The medium voltage transformers segment would dominate the gas insulated transformer market, with the largest market size, during the forecast period. The gas insulated transformers with medium voltage are mostly installed at commercial, and industrial places due to their compact size and non-explosive nature. The increasing development of commercial facilities accentuates the need for power quality equipment such as gas insulated transformers, thereby driving growth in medium voltage segment.
Asia Pacific is expected to hold the largest share of the global gas insulated transformer market by 2018, and this trend is projected to continue till 2023. The market in this region is expected to witness the highest CAGR with the countries such as China, Japan, and India actively investing in their grid expansion projects to increase the reliability of transmission and distribution grids. Asia Pacific is the most populated region in the world and consequently witnesses high demand for electricity. Almost all the countries in the region are augmenting their power generation capacities. India, China, and Indonesia are heavily investing in renewable energy projects, especially in hydroelectric power projects. This has subsequently led to the rise in investments in the transmission and distribution sector to connect the renewable energy generation projects to grids, which is expected to fuel the growth of the gas insulated transformer market in Asia Pacific.
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
Note: "Others" includes product specialist, consultant and engineers. The 3 tiers of the companies are defined on the basis of their total revenues as of 2017; Tier 1 ≤USD 5 billion, Tier 2 = USD 1-5 billion, and Tier 3 ≤USD 1 billion. Rest of the world includes Europe, and South America.
Key players in the gas insulated transformer market are: ABB (Switzerland), GE (US), Mitsubishi Electric (Japan), Siemens (Germany), Toshiba (Japan), and Arteche (Spain), among others.
The report provides a detailed analysis of the gas insulated transformer market across various regions. It aims at estimating the market size and future growth potential of the market based on voltage, type, installation, end user, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.
The market has been segmented on the basis of voltage, type, installation, end user, and region, with a focus on industry analysis (industry trends). The report also consists of the market ranking analysis of the top players and their company profiles, which together comprise and determine the competitive landscape, emerging and high-growth segments in the gas insulated transformer market.
The report provides insights on the following pointers:
*Details on Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.