India Power & Distribution Transformer Market 2017-2022: Government Initiatives / Growing FDI in Power Sector / Replacement of Transformers / Growing Renewable Energy Sector -Research and Markets
The India Power & Distribution Transformer market is forecast to reach $2.9 billion by 2022.
Government is taking major steps to strengthen the power transmission & distribution network and has undertaken initiatives such as UDAY for financial turnaround of power distribution companies. Further, the Government of
India has projected an investment of INR
146,000 crore in power transmission sector by FY 2019 to strengthen the transmission network thus increasing the demand for power transformers
The Western region accounted for the largest revenue share in the country in 2016. However, the major investment in transmission sector is expected in the Southern region, followed by the Northern and Western region. In the distribution sector, the Western region is expected to receive highest investments followed by the Southern and Northern region
The report thoroughly covers the market by transformer types, by power rating, by cooling system, by applications and by regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics
India Power & Distribution Transformer Market Dynamics
Market Drivers
Market Restraints
Markets Covered:
By Type:
By Power Rating:
Power Transformer
Distribution Transformer
By Cooling System:
By Applications:
Companies Mentioned
For more information about this report visit http://www.researchandmarkets.com/research/m7ztl2/india_power_and
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