Converter Transformer Market 2020 Forecasts Company Profile, Product Specifications and Capacity

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Converter Transformer Market by Configuration,
Voltage level, Application and Region - Global
Forecast to 2020
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Converter Transformer Market by Configuration
(Back-to-Back, Monopolar, Bipolar, and
Multi-terminal), Voltage level, Application
(Windfarms, Oil Gas, and Grid
interconnections), Power rating, and by Region -
Global trends and forecast to 2020 Converter
transformer market is mainly driven by the
increasing demand from fast growing economies
such as India, and China which are expected to
invest heavily in their transmission and
distribution sector. Upgrade of ageing power
infrastructure in the developed regions as well
as increasing implementation of renewable power
projects are also expected to provide attractive
opportunities for the converter transformer
market. This market is expected to grow from an
USD 1 Billion in 2015 to USD 2.3 Billion by 2020
at CAGR of 18.2. PDF Brochure
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AsiaPacific market size in terms of value is
expected to account for the largest market share
in the next five years Asia-Pacific region is
the largest market for Converter transformer
market. The region has been experiencing rapid
development in its power transmission and
distribution industry since the last 5 years and
accounted for more than one-third of the total
market in 2014. The region is expected to grow
further during the forecast period, which can be
attributed to the increasing investments in HVDC
transmission projects. Request for
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Grid interconnections Major application for the
Converter transformer market Converter
transformer market, on the basis of application,
is categorized into three primary segments Grid
interconnections, windfarms, and oil gas. Grid
interconnection application held around two-third
of the total market for Converter transformer in
2014. Windfarms application is estimated to be
the fastest growing application market for
Converter transformer between 2015 and 2020. The
key driver for the market is the increasing focus
on renewable energy generation especially the
offshore wind energy. Request Sample _at_
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The report covers the various segments like On
the basis of application The report considers
different applications of converter such as grid
interconnections, which occupy around two-thirds
of the total market, windfarms, and oil gas
industry. On the basis of configuration Under
this segmentation, the report considers various
configurations of the converter substation such
as monopolar, bipolar, back-to-back, and
multi-terminal converter transformers. On the
basis of voltage level Up to 200 kV, 201400 kV,
401600 kV, 601800 kV, and 800 kV voltage level
ranges have been considered in this segment. On
the basis of power rating Under this
segmentation, the report considers various power
rating ranges such as below 500 MW, 501999 MW,
10012000 MW, and above 2000 converter
transformers. On the basis of region The
regions analyzed in the report include
Asia-Pacific, Americas comprising of both North
America and South America, and Europe. Speak to
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