Global Transformer Market Outlook to 2025 | Blackridge Research

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Growing renewable power installations - especially in the US and Europe, increasing T&D infrastructure investments, the rising replacement of aging transformers, and the need to comply with energy efficiency laws are some of the factors driving the transformers market.

Global Transformer Market Outlook to 2025 | Blackridge Research

With the outbreak of the COVID-19 pandemic, there is a sharp pullback in economic activity due to mandatory lockdowns and other containment measures. According to the IMF World Economic Outlook published in June 2020, the world economy is set to post a -4.9% GDP growth rate in 2020. That will be a downgrade of 8.2% from January 2020. The impact of COVID-19 pandemic on the energy, automobile, industries has already been profound.

Depending upon the capital availability and financial conditions, utilities might post-pone some of their generation and T&D investments, in turn affecting the transformers' market demand.

Blackridge Research's Global Transformers Market report provides insights into the current global and regional market demand scenario and its outlook. The study offers a detailed analysis of various factors instrumental in affecting the growth of the transformers market.

The report also addresses present and future market opportunities, market trends, developments, and the impact of Covid-19 on the transformers market, important commercial developments, regions, and segments poised for the fastest-growth, competitive landscape. Further, transformers' market size, and demand forecast, growth rates, trade (imports and exports) will also be provided in the report.

1. Executive Summary

2. Research Scope and Methodology

9. Conclusions and Recommendations

List of Tables & Figures

Abbreviations

Additional Notes

Disclaimer

Global Transformer Market Revenue, in USD billion, 2019-2025

Global Transformer Market Revenue Share, by Type, 2019

Global Transformer Market Revenue Share, by Insulation, 2019

Global Transformer Market Revenue Share, by Region, 2019

Distribution Transformer - Market Revenue, in USD billion, 2019-2025