Transformers Magazine, Vol. 5 No. 1, 2018.
Original scientific paper
Power transformers – global market analysis: Capacity additions and aging infrastructure driving the growth
Hassan Zaheer
Saqib Saeed
Abstract
Global market for power transformers above 100 kV reached $18 billion in 2016. APAC region has the largest demand for power transformers, with China, India and Indonesia leading the market. Following APAC is the Americas market, with USA leading in terms of the market size owing to grid replacements and renewable integration. In EMEA, strong growth is driven by GCC countries and Sub-Saharan Africa owing to increased demand.
Keywords
power transformer market; smart grid; asset health monitoring
Hrčak ID:
202533
URI
Publication date:
8.1.2018.
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