Saeed, Saqib; Sheppard, Shirin
Transformers Magazine Vol. 6, No. 5, 2019
Global distribution transformers market reached around $5.5 billion in 2018 (up to 600 kVA and below 40 kV). The majority of this demand, around 74 %, came from distribution utilities globally, followed by 19 % from industry and around 7 % from power generation. As a general trend, market in emerging countries is mostly driven by new additions along with replacements, while in developed markets, including western Europe and North America, most of the demand is due to end-of-life replacements. Distributed generation and electric vehicle supply i...
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