Indian Transformer Market: Trends & Opportunities (2012-2017)

Electricity shortage has been a major area of concern for India. In the year 2011, more than 33% of the rural population and 6% of the urban population of the country lacked electricity. Electricity issues such as blackouts and power shedding have been interrupting manufacturing and irrigation process across the country.

Transformer, a significant electrical equipment that changes the voltage in the power transmission and distribution process acts to minimize the loss of energy. A step-down or step-up transformer can be used for an upward or downward change in voltage. Power transfers and distribution transfers are two basic types of transformers wherein the distribution transformers can be oil-filled or dry type.

The transfers market in India has been in a healthy state for quite some years now. The market is further expected to witness healthy growth rates and stimulating demand for the coming years. The initiatives undertaken by the Government of India along with the need of replacement of transfers installed in the earlier years is expected to drive growth in the Indian transformers market.

The Government of India in the present era has shifted its focus to the transmission & distributions sector of the country, which is expected to offer abundant growth opportunities for the players operating in the electrical equipment market of India.

The report titled ‘Indian Transformer Market: Trend and Opportunities (2012-2017)’ provides an in-depth analysis of the Indian transformers market with major focus on power and distribution transformer segments. The report analyzes the overall Indian electrical equipment market, assesses the power scenario in the country, presents the key opportunities in the market and also outlines the factors that are and will be driving the growth of the transformer market. Further, key players of the industry like Bharat Heavy Electricals Limited, Crompton Greaves, Emco Limited, ABB limited, Siemens Ltd., Alstom T&D India, Bharat Bijlee Limited, and Voltamp Transformers Limited have been profiled and growth of the industry has been predicted taking into consideration the previous growth patterns, the growth drivers and the current and future trends.