Transformer Market Outlook to 2028

With the outbreak of the COVID-19 pandemic, there is a sharp pullback in economic activity due to mandatory lockdowns and other containment measures. According to the IMF World Economic Outlook published in June 2020, the world economy is set to post a -4.9% GDP growth rate in 2020. That will be a downgrade of 8.2% from January 2020. The impact of COVID-19 pandemic on the energy, automobile, industries has already been profound.

Depending upon the capital availability and financial conditions, utilities might post-pone some of their generation and T&D investments, in turn affecting the transformers' market demand.

The publisher's Global Transformers Market report provides insights into the current global and regional market demand scenario and its outlook. The study offers a detailed analysis of various factors instrumental in affecting the growth of the transformers market.

The report also addresses present and future market opportunities, market trends, developments, and the impact of Covid-19 on the transformers market, important commercial developments, regions, and segments poised for the fastest-growth, competitive landscape. Further, transformers' market size, and demand forecast, growth rates, trade (imports and exports) will also be provided in the report.

This report helps to:

• Gain a deeper understanding of the impact of COVID 19 on the transformers market. 
• Equip yourself with rigorous analysis and forward-looking insight into the transformers market across various regions
• Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
• Assess market data and forecasts to understand how the demand for different segments evolve over the next five years
• Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
• Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
• Keep on top of M&A developments, JV’s and other agreements to assess the evolving competitive landscape and enhance your competitive position.

Who need this report?

• Transformer Manufacturers & Suppliers
• Utilities & IPPs
• Transformer Component Suppliers
• Project Developers
• Investor Community
• Government Bodies & Industry Organizations
• Engineering, Procurement, and Construction (EPC) Firms
• Others 

Why buy this report?

• Gain a deeper understanding of the impact of Covid-19 on the Global Transformer Market.
• Equip yourself with rigorous analysis and forward-looking insights into the Global Transformer Market across multiple regions.
• Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
• Assess market size data and forecasts to understand how the demand across various segments evolves over the next few years.
• Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
• Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
• Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position