India Power Transformers Market Forecast and Opportunities, 2018
Published on: 2024-12-11 | No of Pages : 320 | Industry : Power
Publisher : MIR | Format : PDF&Excel
India Power Transformers Market Forecast and Opportunities, 2018
Transformers are an indispensable component of an alternate current (AC) electrical system for electricity generation, transmission or distribution. In addition, the demand for transformers increases proportionately with the amplification of power generation, transmission or distribution networks in the country. In India, the demand for equipment used in power sector is multiplying at a rapid rate because of social, economic and industrial development. Government’s attempt of attaining 100% electrification across the country by 2017 would contribute to the demand for power transformers. However, power deficit across the country is likely to continue during the next decade. As of now, out of 5160 towns in India, only 35% towns have over 90% households using electricity for lighting purpose. In more than 15% of the towns, the penetration rate of electricity across households is less than 50 per cent.
“India Power Transformers Market Forecast & Opportunities, 2018” details about power transformers market in India, its growth prospects and opportunities. The power transformers market revenues in India are expected to grow at the CAGR of 14% till 2018. Under the 12th Five Year Plan (2012-17), the government plans to spend USD 200 Billion on developing and strengthening power infrastructure in India. Similarly, IEEMA (Indian Electrical and Electronics Manufacturers Association) along with government framed a policy to limit the imports of transformers from China and Korea along with changing government polices on import duty for CRGO steel is likely to further promote the domestic transformers industry in India. Indian transformer industry continues to face tough competition from the Chinese manufacturers. However, with the continuous support from the government to promote the power transformer industry through investments, tax benefits, subsidies etc. will help the industry to grow over the coming years. “India Power Transformer Market Forecast & Opportunities, 2018” report elaborates the following particulars
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with power transformer manufacturers and industry personnel. Secondary research included an exhaustive search of relevant publications like paid databases and company annual reports.
“India Power Transformers Market Forecast & Opportunities, 2018” details about power transformers market in India, its growth prospects and opportunities. The power transformers market revenues in India are expected to grow at the CAGR of 14% till 2018. Under the 12th Five Year Plan (2012-17), the government plans to spend USD 200 Billion on developing and strengthening power infrastructure in India. Similarly, IEEMA (Indian Electrical and Electronics Manufacturers Association) along with government framed a policy to limit the imports of transformers from China and Korea along with changing government polices on import duty for CRGO steel is likely to further promote the domestic transformers industry in India. Indian transformer industry continues to face tough competition from the Chinese manufacturers. However, with the continuous support from the government to promote the power transformer industry through investments, tax benefits, subsidies etc. will help the industry to grow over the coming years. “India Power Transformer Market Forecast & Opportunities, 2018” report elaborates the following particulars
- India Power Transformers Market Size, Share and Forecast
- Changing Policy & Regulatory Landscape
- Shifting Market Trends & Emerging Opportunities
- Power Transformers Trade – Import & Export Analysis
- Competitive Landscape & Strategic Recommendations
- To gain an in-depth understanding of India power transformers market
- To identify the on-going trends and anticipated growth in the coming years
- To help industry consultants, power transformer manufacturers and industry stakeholder to align their marketing strategies
- To obtain research based business decision and add weight to presentations and marketing materials
- To gain competitive knowledge of leading players
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with power transformer manufacturers and industry personnel. Secondary research included an exhaustive search of relevant publications like paid databases and company annual reports.