Pad-mounted Transformer Market to grow at 5.21% by 2020

United Kingdom, London: A new market research report titled ”Pad-mounted Transformer Market by End User, by Phase, by Rated Power, by Insulation Type & by Region – Global Forecast to 2020” is available.

According to the report, growing demand for power and investments in power transmission & distribution network for upgradation and expansion is expected to drive pad-mounted transformer market at a rate of 5.21% from 2015 to 2020, reports PR Newswire.

Three phase pad-mounted transformer and dry-type pad mounted transformer are the segments with highest growth in pad-mounted transformer market.

Asia Pacific will lead the global pad-mounted transformer market in terms of growth rate, followed by Middle East & Africa.

The key market players profiled in the report are ABB, Crompton Greaves, Eaton Corporation, ERMCO, GE, Federal Pacific, Hitachi, Moloney Electric, Olsun Electrics, Pacific Crest Transformers, Pearl Electric, Schneider Electric, Siemens, Vantran Industries, and Wenzhou Rockwell Transformers.

Source: PR Newswire