The latest market report published by Credence Research, Inc. “Transformer Core Market By Type (Power Transformers, Distribution Transformers and Others) and Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global transformer core market is expected to grow at a CAGR of 4.2% over the forecast period from 2017 to 2025.
The Transformer Core Market Research Report Forecast 2017-2025 is an important source of insightful data for market strategists. It presents the Transformer Core industry overview with growth analysis and past & futuristic cost, income, demand and supply data (as relevant). The research analysts present a detailed representation of the value chain and its distributor analysis. This Transformer Core Market study gives complete data which improves the understanding. [Continue reading…]
The demand for transformer cores is anticipated to witness a rapid increase due to growing population, rapid urbanization, and upsurge in infrastructural development activities across the globe. The demand for electricity has increased tremendously in the recent years. Advancements in technology has led to the introduction of electronic products for domestic and commercial purposes that are electricity driven. In addition, increasing per capita disposable incomes and spending abilities of consumers has increased the sales of consumer electronic devices such as televisions, refrigerators and air conditioners. Also, increase in modernization especially in developing countries, rapid growth of construction industry as well as evolution of prosperous and high-tech residential complexes and societies has brought a significant increase in electricity demand. The global GDP projection is expected to achieve $83 trillion mark by 2022, due to increasing demand for infrastructural projects as well as increasing industrialization, thereby leading to increase in the demand for electricity generation in order to cater to the spiraling demand for electricity in the industrial and consumer electronics sectors. Moreover, heavy investments on industrial and domestic construction, railways, and airports have fueled the overall growth of the global transformer core market.
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Analysis of trends in the global Transformer Core industry and interest for Transformer Core in various regions, including Asia-Pacific, Europe, and North America
Market size and value of Transformer Core used for commercial Transformer Core from 2011 to 2017 and forecast for eight years up until 2025
The qualitative study of drivers and limitations of Transformer Core Market
Key players in the global Transformer Core Market Include Ferroxcube International Holdings B.V., Siemens AG, ABB Ltd., Hyosung, Mitsubishi Electric, Toshiba, Crompton Greaves, Fuji Electric and Hitachi Ltd. among others.
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Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
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