India Power & Distribution Transformer Market (2024-2030) | Outlook, Growth, Industry, Companies, Size, Forecast, Analysis, Value, Revenue, Share & Trends

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 Synopsis

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.

Market Analysis By Verticals

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.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2017 to 2020.
• Base Year: 2020.
• Forecast Data until 2027.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Historical data of Global Power & Distribution Transformer Market Revenues for the Period 2017-2020
• Market Size & Forecast of Global Power & Distribution Transformer Market Revenues until 2027
• Historical data of India Power & Distribution Transformer Market Revenues & Volume for the Period 2017-2020
• Market Size & Forecast of India Power & Distribution Transformer Market Revenues & Volume Market until 2027
• Historical data of India Distribution Transformer Market Revenues & Volume for the Period 2017-2020
• Market Size & Forecast of India Distribution Transformer Market Revenues & Volume until 2027
• Historical data of India Power Transformer Market Revenues & Volume for the Period 2020-2020
• Market Size & Forecast of India Power Transformer Market Revenues & Volume until 2027
• Historical data of India Dry Type Power & Distribution Transformer Market Revenues for the Period 2017-2020
• Market Size & Forecast of India Dry Type Power & Distribution Transformer Market Revenues until 2027
• Historical data of India Liquid Type Power & Distribution Transformer Market Revenues for the Period 2017-2020
• Market Size & Forecast of India Liquid Type Power & Distribution Transformer Market Revenues until 2027
• Historical data of India Power & Distribution Transformer Application Market Revenues for the Period 2017-2020
• Market Size & Forecast of India Power & Distribution Transformer Application Market Revenues until 2027
• Historical data of India Power & Distribution Transformer Regional Market Revenues for the Period 2017-2020
• Market Size & Forecast of India Power & Distribution Transformer Regional Market Revenues until 2027
• Market Drivers and Restraints
• Market Trends and Developments
• Players Market Share and Competitive Landscape
• Company Profile
• Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

• By Type

• Power Transformer
• Distribution Transformer
• By Rating

• Power Transformer

• 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

o    By Application

• Power Utilities
• Industrial

• By Regions

• Northern
• Western
• Southern
• Eastern
• North Eastern

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

• Historical data of Global Power & Distribution Transformer Market Revenues for the Period 2016-2019
• Market Size & Forecast of Global Power & Distribution Transformer Market Revenues until 2026
• Historical data of India Power & Distribution Transformer Market Revenues & Volume for the Period 2016-2019
• Market Size & Forecast of India Power & Distribution Transformer Market Revenues & Volume Market until 2026
• Historical data of India Distribution Transformer Market Revenues & Volume for the Period 2016-2019
• Market Size & Forecast of India Distribution Transformer Market Revenues & Volume until 2026
• Historical data of India Power Transformer Market Revenues & Volume for the Period 2019-2019
• Market Size & Forecast of India Power Transformer Market Revenues & Volume until 2026
• Historical data of India Dry Type Power & Distribution Transformer Market Revenues for the Period 2016-2019
• Market Size & Forecast of India Dry Type Power & Distribution Transformer Market Revenues until 2026
• Historical data of India Liquid Type Power & Distribution Transformer Market Revenues for the Period 2016-2019
• Market Size & Forecast of India Liquid Type Power & Distribution Transformer Market Revenues until 2026
• Historical data of India Power & Distribution Transformer Application Market Revenues for the Period 2016-2019
• Market Size & Forecast of India Power & Distribution Transformer Application Market Revenues until 2026
• Historical data of India Power & Distribution Transformer Regional Market Revenues for the Period 2016-2019
• Market Size & Forecast of India Power & Distribution Transformer Regional Market Revenues until 2026
• Market Drivers and Restraints
• Market Trends and Developments
• Players Market Share and Competitive Landscape
• Company Profile
• Strategic Pointers

India Power and Distribution Transformer Market Covered:

The report provides the detailed analysis of the following market segments:

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 Regions

• Northern
• WesternEastern
• North Eastern
• Southern