iCrowdNewswire Feb 17, 2021 8:00 AM ET
Split transformer is also referred as split-phase system transformer which is a type of single-phase electric power distribution. Split transformer is very simple AC circuit which provides power to loads more than one voltage. An increase in investment in transmission and distribution infrastructure is expected to drive the global split transformer market growth.
The report also ensures an objective analysis of the market by enabling a comprehensive view of the Split Transformer Market and its associated components and by engaging a set of standards. Factors such as economic growth, supply chains government expenditure, and distribution channels are scrutinized in order to relay precise information. By Using bottom-up and top-down approaches, market-size validation, and estimation has been performed to collect data from the supply side. Also, analysis of the data has been conducted by using a precise research framework, which suited to the specific market. This framework works like research standard, providing tools to create market reports.
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Analysis of the Split Transformer Market is also done on a regional basis. The report serves analysis, considering the recent market trends, opportunities, and outlook in the regional market. The report also emphasizes on top key players by providing details such as shipments, company profiles, pricing, contact details, product specifications, and others. Also, detailed information of the key players and strategies adopted by them are also presented in the report for a thorough understanding of the overall market. The report also emphasizes on the recent and emerging trends that are occurring within the manufacturing landscape.
An increase in investment in the renewable energy sector is expected to boost the global split transformer market growth during this forecast period. New investments in transmission and distribution sectors have been propelled by grid stability and reliability, with some outages occurring in past few years. Increase in focus on the renewable grid infrastructure in various regions, including Europe will positively influence the market growth. Furthermore, increase in consumption of electricity, deployment of smart grids and smart transformers and replacement of existing aged power transformers are few driving factors are expected to fuel the global split transformer market growth.
High initial capital cost of the transformer is the major challenging factor which is expected to limit the global split transformer market growth. Also, reluctance to replace aging infrastructure will hamper the market growth.
Market Key Players
Various key players are discussed in this report such as General Electric, Meco Instruments Pvt. Ltd, International Capacitors, S.A, Janitza electronics GmbH, Hitachi, Ltd., GFUVE ELECTRONICS, YASKAWA ELECTRIC CORPORATION, and Jensen.
- High Frequency
- Intermediate Frequency
- Low Frequency
By End Use Industry
- Equipment Manufacturing
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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