A transformer is an electrical device that transfers energy between two or more circuits through electromagnetic induction. In grid networks, two main types of transformers are used – power transformers and distribution transformers.

Scope of the Report:
The transformer is the static device which works on the principle of electromagnetic induction. It is used for transferring the electrical power from one circuit to another without any variation in their frequency. In electromagnetic induction, the transfer of energy from one circuit to another takes places by the help of the mutual induction.
The worldwide market for Transformers is expected to grow at a CAGR of roughly 3.8% over the next five years, will reach 24400 million US$ in 2024, from 20200 million US$ in 2019, according to a new study.
This report focuses on the Transformers in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
ABB
TBEA
SIEMENS
GE
JSHP Transformer
Schneider
Sanbian Sci-Tech
SGB-SMIT
TOSHIBA
Qingdao Transformer Group
Mitsubishi Electric
SPX
Eaton
Efacec
Hitachi
Alstom
Crompton Greaves
Sunten Electric
Daihen
Fuji Electric
Qiantang River Electric
ZTR
Dachi Electric
Hyundai
Luneng
Tianwei Group
Hyosung

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Power Transformer
Distribution Transformer
Other

Market Segment by Applications, can be divided into
Power Industry
Metallurgy Industry
Petrochemicals Industry
Railways Industry
Urban Construction

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Transformers product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Transformers, with price, sales, revenue and global market share of Transformers in 2017 and 2018.
Chapter 3, the Transformers competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Transformers breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Transformers market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Transformers sales channel, distributors, customers, research findings and conclusion, appendix and data source.