High growth and development of the power sector in India is stimulating the demand for transformers. The initiatives undertaken by the Government of India is providing ample opportunities to the players in the industry to grow.
The report begins with an introduction to the transformers market with an overview of the structure of the transmission segment. The market overview section discusses the size of the market and its potential growth. The section also contains data indicating the value chain of the transmission sector. It also discusses the type of transformers available in the market.
An analysis of the drivers explain the factors for growth of the industry including growth in power sector, need to replace old transformers, increasing housing projects and market potential for 765 kV transformer. The key challenges include non-availability of CRGO and absence of adequate testing facilities.
The competition section provides an overview of the competitive landscape in the industry along with a product portfolio matrix. The section contains profiles of the players which provide an insight into their financial performance, business highlights and future plans.