Distribution transformers market

Sa？etak Global distribution transformers market reached around $5.5 billion in 2018 (up to 600 kVA and below 40 kV). The majority of this demand, around 74 %, came from distribution utilities globally, followed by 19 % from industry and around 7 % from power generation. As a general trend, market in emerging countries is mostly driven by new additions along with replacements, while in developed markets, including western Europe and North America, most of the demand is due to end-of-life replacements. Distributed generation and electric vehicle supply infrastructure are also influencing demand in certain countries around the world. Some of the leading players in the distribution transformers market today are ABB, Schneider Electric, SGB-SMIT, Siemens, Crompton Greaves, Ormazabal, WEG, Jinpan and Voltamp transformers. ABB, Schneider Electric, SGB-SMIT, Ormazabal and Siemens (esp. for dry-type) have a big share of global transformers market and are well positioned in multiple countries around the globe to maintain their market position