Market Forecast By Type (Power Transformer, Distribution Transformer), By Rating (Power Transformer (5.1 MVA – 50 MVA, 50.1 MVA – 160 MVA, 160.1 MVA – 350 MVA, Above 350 MVA), Distribution Transformer (Up To 100 KVA, 100.1 – 315 KVA, 315.1 – 5 MVA), By Colling System (Dry Type, Liquid Type), By Applications (Power Utilities, Industrial), By Region (Northern, Western, Southern, Eastern, North Eastern) And Competitive Landscape
Product Code: ETC001498 | Publication Date: Jan 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 130 | No. of Figures: 60 | No. of Tables: 14 |
India Power and Distribution Transformer Market report thoroughly covers the market by product types, demographics, and distribution channels. The India Power and Distribution Transformer market outlook report provide an unbiased and detailed analysis of the India Power and Distribution Transformer market trends, opportunities high growth areas, market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics.
India Power and Distribution transformer market has witnessed substantial growth on account of steps taken by the Government of India such as enhancement of electrification rate and improvement of operational efficiency of the country. Further, the country has witnessed an increase in the demand for power which has been fostered by an increase in capacity utilization, industrialization, urbanization, and population. Currently, India has the fifth largest installed capacity in the power sector worldwide. Further, reforms such as “Power for all” and plans to add 175 GW of capacity by 2022 would surge the demand for power transmission and distribution equipment. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.
According to 6Wresearch, India Power and Distribution Transformer Market size is projected to grow at a CAGR of 7.3% during 2021-2027. The Indian government has introduced certain key initiatives such as strengthening the power transmission & distribution network and efforts such as UDAY for financial turnaround of power distribution companies. Further, the Indian Government envisages the addition of about Rs 1 lakh ckm of transmission lines and Rs 2.9 lakh MVA of transformation capacity between 2017-2022 to strengthen the transmission network thus increasing the demand for power transformers.
In terms of verticals, the power utility segment has dominated the overall Power and Distribution transformer market in 2020. This growth is primarily driven by the rising rate of electrification as well as increasing power generation capacity, especially in the area of renewable power segment. Additionally, as India continues to reduce its dependence on traditional sources of energy, the country has witnessed a constant rise in the number of solar parks and wind farms which has opened up new avenues for the application of power and distribution transformation.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope & Segmentation |
2.4 Methodology Adopted and Key Data Points |
2.5 Assumptions |
3 Global Power & Distribution Transformer Market Overview |
3.1 Global Power & Distribution Transformer Market Revenues (2016-2026F) |
3.2 Global Power Transformer Market Revenues (2016-2026F) |
3.3 Global Distribution Transformer Market Revenues (2016-2026F) |
3.4 Global Power & Distribution Transformer Market Revenue Share, By Regions (2019) |
4 India's Power Sector Overview |
4.1 India Power Generation Sector Overview |
4.2 India Power Supply Position |
4.3 India Power Transmission Sector Overview |
5 India Electrical Equipment Industry Overview |
6 India Power & Distribution Transformer Market Overview |
6.1 India Power & Distribution Transformer Market Revenues & Volume (2016-2026F) |
6.2 India Power & Distribution Transformer Market Industry Life Cycle |
6.3 Porter’s Five Force Model |
6.4 Indian Power & Distribution Transformer Market Revenue & Volume Share, By Types (2019 & 2026F) |
6.5 India Power & Distribution Transformer Market Revenue & Volume Share, By Power Rating (2019 & 2026F) |
6.6 India Power & Distribution Transformer Market Revenue Share, By Cooling System (2019 & 2026F) |
6.7 India Power & Distribution Transformer Market Revenue Share, By Applications (2019 & 2026F) |
6.8 India Power & Distribution Transformer Market Revenue Share, By Regions (2019 & 2026F) |
7 India Power & Distribution Transformer Market Dynamics |
7.1 Impact Analysis |
7.2 Market Drivers |
7.3 Market Restraints |
8 India Power & Distribution Transformer Market Trends |
9 India Distribution Transformer Market Overview |
9.1 India Distribution Transformer Market Revenues & Volume (2016-2026F) |
9.2 India Distribution Transformer Market Overview, By Power Rating |
9.2.1 India Distribution Transformer Market Revenue & Volume Share, By Power Rating (2019 & 2026F) |
9.2.2 India Up to 100 KVA Power Transformer Market Revenues & Volume (2016-2026F ) |
9.2.3 India 100.1 KVA – 315 KVA Power Transformer Market Revenues & Volume (2016-2026F) |
9.2.4 India 315..1 KVA – 5 MVA Power Transformer Market Revenues & Volume (2016-2026F) |
10 India Power Transformer Market Overview |
10.1 India Power Transformer Market Revenues & Volume (2016-2026F) |
10.2 India Power Transformer Market Overview, By Power Rating |
10.2.1 India Power Transformer Market Revenue Share, By Power Rating (2019 & 2026F) |
10.2.2 India 5.1 – 50 MVA Power Transformer Market Revenues & Volume (2016-2026F) |
10.2.3 India 50.1 – 160 MVA Power Transformer Market Revenues & Volume (2016-2026F) |
10.2.4 India 160.1 – 350 MVA Power Transformer Market Revenues & Volume (2016-2026F) |
10.2.5 India Above 350 MVA Power Transformer Market Revenues & Volume (2016-2026F) |
11 India Power & Distribution Transformer Market Overview, By Cooling System |
11.1 Dry Type Transformer Market Revenues & Volume (2016-2026F) |
11.2 Liquid Type Transformer Market Revenues & Volume (2016-2026F) |
12 India Power & Distribution Transformer Application Market Overview |
12.1 India Power & Distribution Transformer Market Revenues & Volume, By Power Utilities Application (2016-2026F) |
12.2 India Power & Distribution Transformer Market Revenues & Volume, By Industrial Application (2016-2026F) |
13 India Power & Distribution Transformer Regional Market Overview |
13.1 Northern Region Power & Distribution Transformer Market Revenues & Volume (2016-2026F) |
13.2 Western Region Power & Distribution Transformer Market Revenues & Volume (2016-2026F) |
13.3 Southern Region Power & Distribution Transformer Market Revenues & Volume (2016-2026F) |
13.4 Eastern Region Power & Distribution Transformer Market Revenues & Volume (2016-2026F ) |
13.5 North Eastern Region Power & Distribution Transformer Market Revenues & Volume (2016-2026F) |
14 India Power & Distribution Transformer Market Opportunity Assessment |
14.1 India Power and Distribution Transformer Market Opportunity Assessment, By Rating, 2026F |
14.2 Projections of India Power Sector By Peak Load, Installed Capacity, Transmission Lines and Substations |
14.3 State Wise Opportunity in Power Sector |
14.4 Region Wise Opportunity in Power Sector |
14.4.1 India Northern Region Power Sector Opportunity (2019) |
14.4.2 India Western Region Power Sector Opportunity (2019) |
14.4.3 India Southern Region Power Sector Opportunity (2019) |
14.4.4 India Eastern Region Power Sector Opportunity (2019) |
15 India Transformer Market Import & Export Statistics |
15.1 Transformer Imports, By Country (2019) |
15.2 Transformer Exports, By Country (2019) |
15.3 Imports of Parts of Transformers, By Country (2019) |
15.4 Exports of Parts of Transformers, By Country (2019) |
16 Competitive Landscape |
16.1 India Power & Distribution Transformer Market Revenue Share, By Company (2019) |
16.2 Competitive Benchmarking, By Power Rating |
17 Company Profiles |
17.1 ABB India Ltd. |
17.2 Bharat Bijlee Limited |
17.3 Bharat Heavy Electricals Ltd. |
17.4 Crompton Greaves Ltd. |
17.5 Emco Ltd. |
17.6 GE T&D India Ltd. |
17.7 IMP Powers Ltd. |
17.8 Kirloskar Electric Company Ltd. |
17.9 Schneider Electric Infrastructure Ltd |
17.1 Siemens Ltd. |
17.11 TBEA Energy (India) Pvt. Ltd. |
17.12 Toshiba Transmission & Distribution Systems (India) Pvt. Ltd |
17.13 Transformer & Rectifiers (India) Ltd. |
17.14 Voltamp Transformer Ltd. |
18 Key Strategic Pointers |
19 Disclaimer |
List of Figures |
Figure 1. Global Power & Distribution Transformer Market Revenues, 2016-2026F ($ Billion) |
Figure 2. Global Power Transformer Market Revenues, 2016-2026F ($ Billion) |
Figure 3. Global Distribution Transformer Market Revenues, 2016-2026F ($ Billion) |
Figure 4. Global Power & Distribution Transformer Market Revenue Share, By Regions, 2019 |
Figure 5. India Power Generation Mix as of Dec’2018 |
Figure 6. India Installed Capacity Sector-Wise Share as of Sept’2019 |
Figure 7. India Installed Capacity Regional Share as of Dec’2018 |
Figure 8. Indian Electrical Equipment Industry Production, 2014-2018 (INR Crore) |
Figure 9. India Power & Distribution Transformer Market Revenues & Volume, 2016-2026F (INR Crore, Thousand Units) |
Figure 10. India Power & Distribution Transformer Market Industry Life Cycle |
Figure 11. Indian Power & Distribution Transformer Market – Porter’s Five Forces Model |
Figure 12. Indian Power & Distribution Transformer Market Revenue Share, By Types (2019& 2026F) |
Figure 13. Indian Power & Distribution Transformer Market Volume Share, By Types (2019 & 2026F) |
Figure 14. India Power & Distribution Transformer Market Revenue Share, By Power Rating (2019 & 2026F) |
Figure 15. India Power & Distribution Transformer Market Volume Share, By Power Rating (2019 & 2026F) |
Figure 16. India Power & Distribution Transformer Market Revenue Share, By Cooling System (2019 & 2026F) |
Figure 17. India Power & Distribution Transformer Market Revenue Share, By Applications (2019 & 2026F) |
Figure 18. India Power & Distribution Transformer Market Revenue Share, By Regions (2019 & 2026F) |
Figure 19. FDI Equity Inflows in Power Sector, FY2015-FY2019 (INR Crore) |
Figure 20. India Renewable Energy Target, 2017-2022F (GW) |
Figure 21. India Year-Wise Split of Targeted Solar Installed Capacity, 2016-2022F (GW) |
Figure 22. India Year-Wise Split of Targeted Wind Installed Capacity, 2016-2022F (GW) |
Figure 23. India Year-Wise Split of Targeted Small Hydro Installed Capacity, 2016-2022F (GW) |
Figure 24. India Year-Wise Split of Targeted BioMass Installed Capacity, 2016-2022F (GW) |
Figure 25. Estimated Yearly Investments Required for Strengthening of Transmission Capacity in Renewable Energy Sector, 2015-22F (Thousand Crores) |
Figure 26. India Distribution Transformer Market Revenues & Volume, 2016-2026F (INR crores, Thousand Units) |
Figure 27. India Distribution Transformer Market Revenue Share, By Power Rating (2019 & 2026F) |
Figure 28. India Distribution Transformer Market Volume Share, By Power Rating (2019 & 2026F) |
Figure 29. India Up to 100 KVA Distribution Transformer Market Revenues & Volume, 2016-2026F (INR Crore, Thousand Units) |
Figure 30. India 100.1 KVA – 315 KVA Distribution Transformer Market Revenues & Volume, 2016-2026F (INR Crore, Thousand Units) |
Figure 31. India 315.1 KVA – 5 MVA Distribution Transformer Market Revenues & Volume, 2016-2026F (INR Crore, Thousand Units) |
Figure 32. India Power Transformer Market Revenues & Volume, 2016-2026F (INR Crore, Units) |
Figure 33. India Power Transformer Market Revenue Share, By Power Ratings (2019 & 2026F) |
Figure 34. India Power Transformer Market Volume Share, By Power Ratings (2019 & 2026F) |
Figure 35. India 5.1-50 MVA Power Transformer Market Revenues & Volume, 2016-2026F (INR Crore, Units) |
Figure 36. India 50.1-160 MVA Power Transformer Market Revenues & Volume, 2016-2026F (INR Crore, Units) |
Figure 37. India 160.1-350 MVA Power Transformer Market Revenues & Volume, 2016-2026F (INR Crore, Units) \ |
Figure 38. India Above 350 MVA Power Transformer Market Revenues & Volume, 2016-2026F (INR Crore, Units) |
Figure 39. India Dry Type Transformer Market Revenues, 2016-2026F (INR Crore) |
Figure 40. India Liquid Type Transformer Market Revenues, 2016-2026F (INR Crore) |
Figure 41. India Power & Distribution Transformer Market Revenues, By Power Utilities Application, 2016-2026F (INR Crore) |
Figure 42. India Power & Distribution Transformers Market Revenues, By Industrial Application, 2016-2026F (INR Crore) |
Figure 43. Northern Region Power & Distribution Transformer Market Revenues, 2016-2026F (INR Crore) |
Figure 44. Western Region Power & Distribution Transformer Market Revenues, 2016-2026F (INR Crore) |
Figure 45. Southern Region Power & Distribution Transformer Market Revenues, 2016-2026F (INR Crore) |
Figure 46. Eastern Region Power & Distribution Transformer Market Revenues, 2016-2026F (INR Crore) |
Figure 47. North Eastern Region Power & Distribution Transformer Market Revenues, 2016-2026F (INR Crore) |
Figure 48. India Power and Distribution Transformer Market Opportunity Assessment, By Rating, 2026F |
Figure 49. India State Wise Power Sector Investments (INR Crore), 2019 |
Figure 50. India Region Wise Power Sector Investments, 2019 |
Figure 51. Northern India Power Sector Investments, 2019 (INR Crore) |
Figure 52. Western India Power Sector Investments, 2019 (INR Crore) |
Figure 53. Southern India Power Sector Investments, 2019 (INR Crore) |
Figure 54. Eastern India Power Sector Investments, 2019 (INR Crore) |
Figure 55. India Transformers Imports, By Country, 2019 ($ Million) |
Figure 56. India Transformer Exports, By Country, 2019 ($ Million) |
Figure 57. Import of Parts of Transformer, By Country, 2019 ($ Million) |
Figure 58. Exports of Parts of Transformer, By Country, 2019 ($ Million) |
Figure 59. India Power & Distribution Transformer Market Revenue Share, By Company, 2019 |
List of Tables |
Table 1. India Anticipated Power Supply Position, FY 2019 |
Table 2. India Actual Power Supply Position, FY 2018 |
Table 3. India Transmission Line Added During, April- 2019 |
Table 4. Growth of India's Transmission Sector Between FY2013 to FY2018 |
Table 5. Government Investments Under PSDF (INR Crore) |
Table 6. Status of R-APDRP Component of IPDS |
Table 7. State Wise IPDS Investment in Smart Cities (INR Crore) |
Table 8. State Wise R-APDRP Investment in Smart Cities (INR Crore) |
Table 9. National Green Corridor Phase II Proposed Plans |
Table 10. 18th Electric Power Survey (EPS) Forecast of Annual Peak Load for 12th and 13th Plans (MW) |
Table 11. Installed Capacity During 12th and 13th Plans (MW) |
Table 12. Growth of 220kV & above Transmission Lines During 11th to 13th Plan (ckm) |
Table 13. Growth of 220kV & Above Transmission Substations During 11th to 13th Plan (AC & HVDC) |
Table 14. Growth of Inter-Regional Transmission Capacity During 12th to 13th Plan (MW) |
Market Forecast By Type (Power Transformer, Distribution Transformer), By Rating (Power Transformer (5.1 MVA – 50 MVA, 50.1 MVA – 160 MVA, 160.1 MVA – 350 MVA, Above 350 MVA), Distribution Transformer (Up to 100 kVA, 100.1 – 315 kVA, 315.1 – 5 MVA), By Colling System (Dry Type, Liquid Type), By Application (Power Utilities, Industrial), By Region (Northern, Western, Southern, Eastern, North Eastern) And Competitive Landscape
Product Code: ETC001498 | Publication Date: Jan 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 129 | No. of Figures: 59 | No. of Tables: 14 |
India power and distribution transformer market is anticipated to witness continues growth during the forecast period owing to government initiatives to boost the electrification rate and uplift the operational efficiency of discom in the nation. There has been a surge in demand for power in India which has been fostered by an increase in capacity utilization, industrialization, urbanization and population. Currently, India has the fifth largest installed capacity in the power sector worldwide. Further, reforms such as “Power for all” and plans to add 175 GW of capacity by 2022, would surge the demand for power transmission and distribution equipment.
According to 6Wresearch, India Power & Distribution Transformer Market size is projected to grow at a CAGR of 3.0% during 2019-25. Government is taking major steps to strengthen the power transmission & distribution network and has undertaken initiatives such as UDAY for financial turnaround of power distribution companies. Further, the Indian Government envisages an addition of about INR 1 lakh ckm of transmission lines and Rs 2.9 lakh MVA of transformation capacity between 2017-2022, to strengthen the transmission network. This initiative will furtherincreasing the demand for power transformers over the coming years
By regions, Western India accounted for the largest revenue share in the country in 2019. However, major investment in transmission sector is expected in Southern India, followed by Northern and Western India. In the distribution sector, the Western region is expected to receive highest investment followed by the Southern and Northern region.
The report thoroughly covers the market by transformer types, power rating, cooling system, applications and by regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.
Key Highlights of the Report
India Power and Distribution Transformer Market Covered:
The report provides the detailed analysis of the following market segments:
By Type
By Rating
By Regions