The global Special Transformers market was 1800 million US$ in 2018 and is expected to 2650 million US$ by the end of 2025, growing at a CAGR of 5.0% between 2019 and 2025.
Los Angeles, CA -- (SBWIRE) -- 04/18/2019 -- Transformer in addition to the exchange of AC voltage conversion, there are other uses, such as changing the frequency of power supply, rectifier equipment, power supply, welding equipment, power supply or electric power transformer, current transformers and so on. These special-purpose transformers are known as special transformers. Because of the working conditions and load conditions of these transformers, they can not be calculated by the general transformer calculation method.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
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The average price of Special Transformer will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.
The global Special Transformers market was 1800 million US$ in 2018 and is expected to 2650 million US$ by the end of 2025, growing at a CAGR of 5.0% between 2019 and 2025.
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This report studies the Special Transformers market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Special Transformers in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ABB
SIEMENS
Alstom
Toshiba
TBEA
Tianwei
XD
By the product type, the market is primarily split into
Liquid Filled
Dry-type
By the end users/application, this report covers the following segments
Railway Industry
Electricity Industry
Other
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