Credence Research, the leading business intelligence provider, has published its latest research, “Transformer Core Market 2025″, which gives insights into Transformer Core in the Global market. The report determines the market size for 2018, along with forecasts until 2025. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Research’s team of industry experts.
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.
Some of the major players operating 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.
[Browse full report: “Transformer Core Market Size”]
- The report presents the brief overview of Transformer Core Market including business description, key information and facts, and its locations and subsidiaries
- The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones
- Special feature on out-licensed and partnered product portfolio
- The report summarizes all the dormant and discontinued projects
- Latest company statement
- Latest news and deals relating to the Transformer Core products
The following research methods were used in this report:
- Desk study
- A questionnaire survey among specialty retail chains
- Analyzing statistical data released by the Federal Customs Service
- Desk study sources include materials taken from print and online media conference materials.
Reasons to Buy
- The report provides information about technology solutions needed for the implementation of Transformer Core projects, and allows readers to make effective business decisions
- The report helps readers to strengthen strategic framework by understanding the business benefits to be achieved through Transformer Core solutions
- The report highlights projected investment on Transformer Core over the next two years. This will help organizations to allocate budget towards Transformer Core implementation and business expansion
- The report helps executives plan their adoption of Transformer Core by providing expected timeframes for implementation
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