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Research analysis on the global transformer breathers market identifies that the expansion of the transformation and distribution (T&D) networks that will lead to the rise in installation of transformers will be one of the major factors that will have a positive impact on the market's growth. The growing industrialization and construction activities in APAC will result in a rising demand for electricity. This will subsequently increase the demand for transformers. The rising number of projects across the globe including the emergence of several power stations, substations, and distribution stations, will increase the demand for oil-immersed power and distribution transformers, which requires transformer breathers. Technavio's market research analysts predict that this market will grow at a CAGR of about 5% by 2021.
The evolution of eco-friendly power transformers, will be one of the latest trends that will gain traction in the transformer breathers market during the next four years. The manufacturers around the globe are increasingly focusing on developing environment-friendly products which cause minimum harm to the environment. Vendors such as Alstom have already started devloping green transformers that are energy efficient, market efficient, grid reliable, and environment-friendly. These eco friendly tranformers can be programmed with advanced online monitoring systems to improve operational management and avoid faults and damages. Additionally, these transformers are also reduce the maintenance costs and extended the transformers life.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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