Transformer Manufacturing Global Market Report 2018

Transformer Manufacturing Global Market Report 2018
Starting Price : $ 4000.00 | Pages : 125 | Published : February 2018

SKU CODE : 3090 | Format :

The transformers manufacturing market consists of establishments engaged in the manufacturing of power, distribution and specialty transformers. Electrical transformers are static electrical devices that transform electrical power from one circuit to another circuit without changing the frequency. Transformers increase or decrease voltage and current level Increase or decrease capacitor value, prevent direct current from passing between two circuits and isolate circuits. Power lines and distribution transformers are used to increase or decrease voltages. Industrial and household transformers differ in terms of voltage such as step up and step down transformers. Some equipment manufactured by these establishments in this industry include fluorescent ballasts, distribution transformers, substation transformers, transmission and distribution voltage regulators and electric power distribution. The transformer manufacturing market in this report is segmented into low rated transformers, medium rated transformers and high rated transformers.

Asia Pacific was the largest region in the transformer manufacturing market in 2017, accounting for 45% market share. This can be attributed to high demand for industrial transformers from a large manufacturing base in China and India. North America was the second largest region accounting for 22% market share. Middle East was the lowest region accounting for 2% market share.

Manufacturers are employing robots to complement workers on the factory floor to increase productivity. Major companies are using robots to aid factory workers at the shop floor for faster and safer transformer assembly. This concept is called “cobotics”. Robots perform operations such as bending metals into sections to form tanks, moving steel sheets and welding.  For instance, ABB transformer manufacturing unit in Athens, Georgia, USA uses seven robots to automate transformer manufacturing. Robotics technology in this plant reduces labor costs by half, cycle times by 90% and manufacturing floor space by 60%.

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