Pad-Mounted Transformer Market to be worth $6B by 2020
India, Pune: The new report published by MarketsandMarkets titled “Pad-Mounted Transformer Market by End User, by Phase, by Rated Power, by Insulation Type & by Region – Global Forecast to 2020” is now available.
According to the report, the Pad-Mounted Transformer Market is estimated to reach $6 billion by 2020, reports PR Newswire.
The current market size is valued at &4.5 billion and is estimated to grow at a CAGR of 5.21% for the forecast period from 2015 to 2020.
The report projects that three-phase pad-mounted transformer will capture the major share of the Pad-Mounted Transformer Market, and Asia Pacific will dominate the global Pad-Mounted Transformer Market.
The report covers major market players such as ABB Ltd., Eaton Corporation Plc., Schneider Electric, Siemens, and GE along with other prominent manufacturers of pad-mounted transformers.
Source: PR Newswire