Categories
News

Industrial Control Transformer – Global Market Outlook (2019-2027)

Global Industrial Control Transformer Market is expected to reach $1,368.33 million by 2027 growing at a CAGR of 7.1% during 2019 to 2027.

 

Some of the key players in Industrial Control Transformer Market include Rockwell Automation, Siemens Energy & Automation Inc, MCI Transformers, Emerson Electric Co, ABB, Toshiba Corporation, Schneider Electric, Bharat Heavy Electricals Limited, Mitsubishi Electric Corporation, Eaton, Crompton Greaves Limited, Hyundai Heavy Industries Co Ltd, Hubbell, SNC Manufacturing Co Ltd, Hammond Power Solutions Inc, Foster Transformer Company, Broadman Transformers, and Procon Controls.

Some of the key factors propelling the growth of the market are growing power sector, equipment failure in various industries due to frequent voltage spikes, and rapid urbanization. However, the sluggish growth of the oil & gas industry is the restraining factor for the growth of the market.

Request for sample here: https://www.strategymrc.com/report/industrial-control-transformer-market/request-sample

Industrial control transformers are specially designed for industrial applications that require relays, solenoids, and other electromagnetic devices. They provide good voltage regulation and a high degree of secondary voltage stability during a brief period of the overload condition. These transformers are generally customized according to the requirement of the end-user.

By phase type, the three-phase segment is expected to grow at a significant market share during the forecast period because it provides better efficiency in industrial applications as compared to the single-phase segment.

Access the complete report at:https://www.strategymrc.com/report/industrial-control-transformer-market

Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to industrialization and infrastructural developments taking place in the major economies like China and India.

Make an inquiry at: https://www.strategymrc.com/report/industrial-control-transformer-market

Power Ratings Covered:
• Above 1,500 VA
• 1,000-1,500 VA
• 500-1,000 VA
• 25-500 VA

Phase Types Covered:
• Three Phase
• Single Phase

End Users Covered:
• Oil & Gas
• Power Generation
• Chemical
• Metal & Mining
• Other End Users

Regions Covered:

• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Follow us on Twitter: https://twitter.com/StratisticsMRC

Follow us on LinkedIn at: https://www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile

About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com

https://thedailychronicle.in/