Industrial Control Transformer Market 2021: Leading Players, Current Trends Industrial Control Transformer Market Analysis 2021: Leading Players, Current Trends Market Highlights Industrial control transformer, also known as isolation transformer provides significant voltage regulation. It is designed in order to produce high level of secondary voltage stability during brief periods of overload condition. These transformers are mainly designed for industrial applications where electromagnetic devices such as relays and solenoids are used. Hence, industrial control transformer is used to maximize inrush capability and outage voltage regulation when electromagnetic devices are initially energized. Based on end-user, the market is estimated into power generation, chemical, oil & gas, and metal & mining, among others. The power generation segment is expected to be the fastest growing segment during the forecast period. Power generation sector, especially in emerging countries such as India and China are projected to contribute to the growth of the industrial control transformer. Moreover, global installed power capacity reached 6,437 GW in 2016 with growth rate of 4.1%. Also, significant development being made in Asian countries such as China and India including the increasing use of coal resources has driven the growth of industrial control transformers used in the power sector. The global industrial control transformer market is expected to grow at 5.12% CAGR during the forecast period. Scope of the Report This report provides an in-depth analysis of the global industrial control transformer market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the industrial control transformer by its power rating, phase, end-user, and by region. By Power Rating (Volt-Ampere) 25-500 VA 500-1000 VA 1000-1500 VA Above 1500 VA By Phase Single Phase Three Phase By Regions North America Asia-Pacific Europe Middle East & Africa South America Industrial control transformer Market Analysis Asia Pacific is estimated to be the fastest growing market for industrial control transformer. Region wise, Asia Pacific held the largest market share of the global industrial control transformer market analysis in 2017. It is also estimated that Asia-Pacific region would also be the fastest growing market during the forecast period. emerging markets in Asia-pacific offers many opportunities for wind power capacity additions being made in these countries. For instance, Asia’s offshore wind power capacity is expected to rise 20 times reaching 43 GW till 2027. All these factors would eventually drive the market for industrial control transformer market. Key Players The key players of the global Industrial control transformer are MCI Transformers (US), Broadman Transformers (UK), Rockwell Automation (US), Hubbell (US), General Electric (US), Eaton (Ireland), ABB (Switzerland), Siemens AG (Germany), Schneider Electric (France), Emerson Electric Co. (US), Electric Hammond Power Solutions (Canada), Dongan Electric Manufacturing Co. (US), SNC Manufacturing Co., Ltd (US), Foster Transformer Company (US). Browse Complete report @ https://www.marketresearchfuture.com/reports/industrial-control-transformer-market-7025 About Market Research Future: Market Research Future (MRFR) is a reliable firm that undertakes an extensive analysis of markets in various domains. Our teams of research analysts gather relevant data through painstaking primary and secondary research that aims to give clients a complete outlook on markets of their interest. The data is compared against third-party agencies and reputed organizations for estimating valuations and revenue projections. MRFR’s goal in providing a comprehensive coverage of the market replete with latest trends, niches, developments, and insights can be lucrative for business needs. We aim to push our clients to the forefront by guiding them with astute information for making informed decisions. Our market intelligence can track down key issues in industries and be modified as per the fluctuations in economic scenarios. The reports are customized and offered as per a specific region or country and adhere to latest policies. Contact Us: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com