Converter Transformer Market by Configuration, Voltage level, Application and Region - Global Forecast to 2020

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 :

Asia–Pacific 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 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 Customization :

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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 Windfarms application is estimated to be the fastest growing application market for Converter transformer between 2015 and The key driver for the market is the increasing focus on renewable energy generation especially the offshore wind energy. Request

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, 201–400 kV, 401–600 kV, 601–800 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, 501–999 MW, 1001–2000 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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