World Converter Transformer Market 2014-2022: Key Players are ABB, General Electric, Siemens & Crompton Greaves – Research and Markets

May 26, 2017

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “World
Converter Transformer Market – Opportunities and Forecasts, 2014 – 2022”
report to their offering.

Converter transformer is a special-transformer which is designed for
offering high-current low voltage solutions for industrial applications.
Converter transformers have widespread applications for large drive
applications. Growing trends towards the adoption of renewable energy
generation in the global power industry scenario have led different
countries to progressively invest into renewable energy projects and
these special transformers help they enhance their unconventional power
generation capabilities.

The high demand for efficient power transmission solutions, need for
integration of smart grid technologies along with the increasing
government infrastructure are the key factors driving the growth of the
market. However, capital-intensive nature of manufacturing processes and
the lack of product standardization mechanism are the major factors
hampering the growth of the market. Rapidly increasing the power
generation by offshore wind farms and growing environmental concerns
towards high power transmission features are the factors that will offer
ample growth opportunities to the world converter transformer market.

The report segments the world converter transformer market on the basis
of applications, configuration, and basis of voltage level, power
rating, and region. On the basis of application, the market is segmented
into windfarms, oil & gas, and grid interconnections. On the basis of
configuration, the market is segmented into back-to-back, monopolar,
bipolar, and multi-terminal. On the basis of voltage level, the market
is segmented into voltage up to 200kV, 201-400kV, 401-600kV, 601-800kV,
and voltage exceeding 800. On the basis of power rating the market is
segmented into below 500MW, in the range of 501-999MW, 1000-2000MW and
more than 2000MW. On the basis of region, the market is segmented into
Americas, Europe, and Asia-Pacific.

CONVERTER TRANSFORMER MARKET KEY SEGMENTS:

Market By Type

  • 201-400 Kv
  • 401-600 Kv
  • 601-800 Kv

Market By Application

  • Windfarms
  • Oil & Gas
  • Grid Connections

Market By Geography

  • Americas
  • Asia-Pacific
  • Europe

For more information about this report visit http://www.researchandmarkets.com/research/6rf53d/world_converter

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Related
Topics: Electricity