Australia distribution
transformers market stood
at USD465.51 million in 2020 and is forecast to grow at a CAGR of 5.02% by 2026
due to increasing
demand for the establishment of various networks using renewable energy sources
all over the country. This growth is on account of the uninterrupted power in
industrial and commercial sectors, rebuilding, and modernization of aging power
infrastructure, establishing networks with renewable energy, increasing focus
on clean energy sources, smart grid integration projects, government
initiatives and schemes for renewable sources in the forthcoming years.
Australia distribution
transformers market can be bifurcated into insulation type, power rating, mounting,
phase and region. On the basis of insulation type, the market can be divided as
Dry and Oil-Filled, where the Oil-Filled segment had
a market share of 70% in 2020 due to its insulation and high dielectric
strength. In terms of power rating, the market is segmented into Upto
650 kVA, 651-2500 kVA and Above 2500 kVA where the market share of the Upto 650
kVA power rating segment was 42.13% in 2020 due to its better efficiency at
lower voltage loads. In terms of mounting, the market is segmented into Pad-Mounted, Pole-Mounted
and Underground Vault where the market share of the Pad-Mounted segment was 52.41%
in 2020 due to its flexible design as per the customer requirements.
The distribution
transformers market on the basis of phase can diverge into 3 Phase and Single Phase. The 3
Phase segment had a market share of 67.83% in 2020 which
in turn is expected to enhance the market growth over the forecast period due
to its ease in installation and more power requirements.
Some of the major players operating in the Australia distribution
transformers market are Tyree Industries Pty. Ltd., Wilson Transformer Company
Pty Ltd., ABB Ltd, General Electric Company, Mitsubishi Heavy Industries Ltd.,
Siemens AG, Schneider Electric SE, ETEL Transformers Pty Ltd., CG Power and
Industrial Solutions Limited, Eaton Corporation plc, Legrand SA, among others. The
companies operating in the market are focusing on performance enhancement,
manufacturing using raw materials and expansion of sources to increase their
shares in the market.
The
largest contributor to the Australia distribution transformers market was the Australian
Capital Territory & New South Wales region with a market share of 30.86% in
2020. The growth of this region is due to its increasing urbanization and
technological advancements with the new raw material manufacturers in the
region.
Years
Considered for this Report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Objective of the Study:
·
To
analyze the historical growth in the market size of Australia distribution
transformers market from 2016 to 2020.
·
To
estimate and forecast the market size of Australia distribution transformers
market from 2021 to 2026 and growth rate until 2026.
·
To
classify and forecast Australia distribution transformers market based on
insulation type, power rating, mounting, phase, company and region.
·
To
identify the dominant region or segment in the Australia distribution
transformers market.
·
To
identify drivers and challenges for the Australia distribution transformers
market.
·
To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in the Australia distribution transformers
market.
·
To
conduct pricing analysis for the Australia distribution transformers market.
·
To
identify and analyze the profile of leading players operating in the Australia distribution
transformers market.
·
To
identify key sustainable strategies adopted by market players in the Australia distribution
transformers market.
Click here to download the sample
TechSci Research
performed primary as well as exhaustive secondary research for this study.
Initially, TechSci Research sourced a list of distribution transformer
manufacturers and suppliers in Australia. Subsequently, TechSci Research
conducted primary research surveys with the identified companies. While
interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research was able to include manufacturers that
could not be identified due to the limitations of secondary research. TechSci
Research analyzed product offerings, end users, and regional presence of all
major distribution transformer manufacturers across the country.
TechSci
Research calculated Australia distribution transformers market size by using a
bottom-up approach, wherein manufacturers’ value sales data for different types
was recorded as well as forecast for the future years. TechSci Research sourced
these values from industry experts and company representatives, and these were
externally validated by analyzing historical data of distribution transformers
market to arrive at the overall market size. Various secondary sources such as
company websites, company annual reports, press releases, white papers,
investor presentations and financial reports were also studied by TechSci
Research.
Key Target Audience:
- Distribution
transformer manufacturers, suppliers, and end users
- Research
organizations and consulting companies
- Associations,
organizations, and alliances related to distribution transformers
- Government
bodies such as regulating authorities and policy makers
The study is useful in providing
answers to several critical questions that are important for industry
stakeholders, such as distribution transformer manufacturers, distributors, dealers,
and policy makers. The study would also help them in identifying which market
segments should be targeted over the coming years in order to strategize
investments and capitalize on the growth of the market.
Report Scope:
In this report, Australia distribution
transformers market has been segmented into the following categories, in
addition to the industry trends which have also been detailed below:
·
Australia Distribution Transformers Market, By Type:
o
Dry
o
Oil-filled
·
Australia Distribution Transformers Market, By Phase:
o
Single Phase
o
Three Phase
·
Australia Distribution Transformers Market, By Power Rating:
o Upto 650 kVA
o 651-2500 kVA
o Above 2500 kVA
·
Australia Distribution Transformers Market, By Mounting:
o
Pad Mounting
o
Pole Mounting
o
Underground Vault
·
Australia Distribution Transformers Market, By Region:
- Australia Capital Territory & New South
Wales
- Northern Territory & Southern Australia
- Queensland
- Western Australia & Victoria
- Tasmania
Competitive Landscap
Company Profiles: Detailed analysis of the major
companies operating in the Australia distribution transformer market.
Voice of Customer: Factors considered while selecting
supplier, product usage and brand awareness, challenges/issues faced post
purchase and unmet needs are the major factors affecting decisions related to Australia
distribution transformers market for numerous users.
Available Customizations:
With the given market data,
TechSci Research offers customizations according to a company’s specific needs.
The following customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).