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GAS INSULATED TRANSFORMER MARKET ANALYSIS

Gas Insulated Transformer Market, By Voltage Rating (Low Voltage, Medium Voltage, and High Voltage), By Cooling Type (Oil-Cooled and Air-Cooled), By End User (Power Transmission and Distribution , Industrial , and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Aug 2024
  • Code : CMI5232
  • Pages :162
  • Formats :
      Excel and PDF
  • Industry : Semiconductors

Market Concentration and Competitive Landscape

Gas Insulated Transformer Market Concentration By Players

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Demand for reliable and efficient power solutions

The global gas insulated transformer market is also projected to witness significant momentum due to increasing demand for reliable and efficient power distribution solutions across industries. Gas insulated transformers offer several advantages over the traditionally used oil insulated transformers such as compact size, low maintenance, better safety, and greater reliability. Their encased compact design prevents faults caused by surrounding environmental conditions and makes them suitable for installation even in seismic zones.

Various industries have been increasingly adopting gas insulated technology owing to reliability issues caused by frequent faults in conventional transformers. Their seamless operation and negligible downtime is critical for industries with zero tolerance for power disruptions such as data centers, hospitals, manufacturing plants, airports, and metros. Furthermore, gas insulated transformers contribute to reducing transmission and distribution losses due to lower energy consumption. The growing automation and digitization of processes across industries will propel the replacement of older transformers with advanced gas insulated systems for ensuring continuous power supply. The advantages of higher efficiency and minimal maintenance needs are encouraging adoption among end-use industries.

Key Players Insights
  • ABB Ltd.
  • Alstom (now part of GE)
  • Bharat Heavy Electricals Limited (BHEL)
  • CG Power and Industrial Solutions Limited
  • Eaton Corporation
  • Efacec
  • Hitachi Energy
  • Hyundai Electric & Energy Systems Co., Ltd.
  • Siemens Energy
  • Schneider Electric
  • SGB-SMIT Group
  • Toshiba Corporation
  • Transformers and Rectifiers (India) Limited
  • Toshiba Corporation
  • ZTE Energy

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