Distribution Transformers - Global Strategic Business Report

Distribution Transformers - Global Strategic Business Report

Global Industry Analysts, Date of Publication: Dec 1, 2014, 473 Pages
US$4,950.00
GIA-MCP8135

This report analyzes the worldwide markets for Distribution Transformers in US$ Million by the following Equipment Classes: Oil Filled Distribution Transformers, and Dry Type Distribution Transformers. The End-Use Applications also analyzed are Utility, and Non-Utility. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2013 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 148 companies including many key and niche players such as -

ASEA Brown Boveri
Crompton Greaves Ltd.
DAIHEN Corporation
Eaton Corporation
Emerson Industrial Automation

More information can be obtained upon the request of sample pages.


TABLE OF CONTENTS

 I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
      Study Reliability and Reporting Limitations     I-1
      DisclaimersI-2
      Data Interpretation & Reporting Level    I-2
       Quantitative Techniques & Analytics     I-3
      Product Definitions and Scope of Study   I-3
       Equipment Classes           I-3
        Oil Filled Distribution Transformers   I-3
        Dry Type Distribution Transformers     I-4
       End-use Applications        I-4


 II. EXECUTIVE SUMMARY

  1. INDUSTRY OVERVIEW             II-1
      A Prelude  II-1
      Deregulation and Its Impact on Power Sector: An Insight           II-2
      Recession in Retrospect and the Road Ahead      II-3
       Distribution Transformers: The Hardest Hit during Recession      II-3
       Market Stages a Recovery in 2010        II-4
       ‘Eurozone’ Debt Crisis Impact the T&D Equipment Market Once
        Again in 2012 & 2013       II-4
       Improvement in Global GDP Performance Bodes Well for the Market  II-6
        Table 1: World Real GDP Growth Rates (%) by Country: 2012
        through 2015F (includes corresponding Graph/Chart)              II-8

        Table 2: World GDP (2013): Percentage Breakdown of Nominal
        GDP Value by Country (includes corresponding Graph/Chart)       II-9
       Eurozone Economic Outlook Favors an Optimistic Viewpoint for
        the Market                 II-9
        Table 3: EU Real GDP Growth Rates in % (2014 & 2015):
        Breakdown by Country (includes corresponding Graph/Chart)       II-10

        Table 4: Business Climate indicator in the Eurozone Area
        from July 2013 to July 2014: Breakdown by Month (includes
        corresponding Graph/Chart) II-11
       Outlook   II-11

  2. COMPETITION II-13
      Table 5: Leading Players in the Global Distribution
      Transformers Market (2013): Market Share Breakdown of Dollar
      Sales for ABB, Schneider, Siemens, and Others (includes
      corresponding Graph/Chart)   II-13
      Competition: Noteworthy Trends           II-13
       Competitive Pressures Continue to Build Up     II-13
       Collaboration: A Buzzword in the Transformers Industry           II-14
       Distribution Transformers Market Undergoes Consolidation         II-14
       Green Solutions Take Precedence in Transformer Designs           II-15
       Volatile Raw Material Costs Impact Distribution Transformer
        Pricing  II-15
        Table 6: Distribution Transformers Cost Breakdown by Expense
        Area (2012) (includes corresponding Graph/Chart)                II-16
       Hardening Raw Material Prices Exert Significant Influence on
        Transformer Designs        II-16
       Customer Loyalty: Imperative for Sustenance    II-16

  3. MARKET TRENDS, ISSUES & DRIVERS           II-17
      Spiraling Energy Consumption and Equally Robust Electric Power
       Production: A Strong Growth Driver      II-17
       Table 7: Global Population Estimates (2000-2050) (includes
       corresponding Graph/Chart)  II-17

       Table 8: Population Statistics for Select Countries: 2007,
       2010 & 2013 (in Millions) (includes corresponding
       Graph/Chart)                II-18

       Table 9: Estimated Global Demand for Primary Energy and
       Electricity for the Years 2015-2035 (includes corresponding
       Graph/Chart)                II-19

       Table 10: World Electric Power Generation: Growth Trajectory
       for the Period 2004 & 2015 (in Billion KWh) (includes
       corresponding Graph/Chart)  II-19

       Table 11: Global Electricity Production by Country (2013):
       Percentage Breakdown of Electricity Production Volume for
       China, United States, India, Russia, Japan, Canada, Germany,
       Brazil, France, South Korea, and Others (includes
       corresponding Graph/Chart)  II-20

       Table 12: Global Electricity Consumption by Country (2013):
       Percentage Breakdown of Electricity Consumption Volume for
       China, United States, Japan, Russia, India, Germany, Canada,
       Brazil, South Korea, France, and Others (includes
       corresponding Graph/Chart)  II-20
      Urbanization Trends Strengthen Market Prospects II-20
       Table 13: Total Population Worldwide by Urban and Rural
       Population in Thousands: 1950-2050P (includes corresponding
       Graph/Chart)                II-21

       Table 14: World’s Most Populous Cities: Percentage Breakdown
       by Total Urban Population for Tokyo, Delhi, Mexico City, New
       York, Shanghai and Others (includes corresponding
       Graph/Chart)                II-22

       Table 15: Estimated Percentage of Urbanization in World,
       China and India for the Years 2011 and 2018 (includes
       corresponding Graph/Chart)  II-22
      Surging New Capacity Additions: A Business Case for the Power
       Distribution Industry       II-22
      Upgrades & Expansion Projects Drive Demand in Developing
       Countries II-23
       Table 16: Estimated Global Power Generation Infrastructure
       Requirements (US$ Billion) by Major Region/Country Over the
       Period 2010-2030 (includes corresponding Graph/Chart)            II-24
      Rural Electrification Drive in the Developing Countries
       Promote Growth              II-24
       Table 17: World Electricity Accessibility by Country (2013)
       Percentage of Population with Access to Electricity for
       Argentina, Bangladesh, Bahrain, Bolivia, Brazil, Brunei ,
       China, Cambodia, Egypt, Ecuador, Iran , Iraq, India,
       Indonesia, Jordon, Kenya, Libya, Myanmar, Sri Lanka,
       Malaysia, Nigeria, Oman, Pakistan, Philippines, Qatar, Saudi
       Arabia, South Africa, Venezuela, and Vietnam (includes
       corresponding Graph/Chart)  II-25
      Developed Markets Dependent on Replacement and Upgrades Demand    II-26
      Industrial, Commercial & Residential Sectors Lend Traction to
       Market Growth               II-26
      Disruptions in Transmission and Distribution Provide
       Opportunities               II-26
      Implementation of Energy Efficiency Standards Bodes Well for
       the MarketII-27
      Stabilizing Regulatory Environment Augurs Well for Market
       Expansion II-27
       Proposed/Approved Standards for Transformers in Select Countries II-28
       The US Energy Policy and Conservation Act (1975)                 II-28
        Table 18: Efficiency Standards for Liquid-Immersed
        Distribution Transformers by Equipment Classes (Effective
        January 1, 2016)           II-28

        Table 19: Efficiency Standards for Low-Voltage Dry Type
        Distribution Transformer by Equipment Classes (Effective
        January 1, 2016)           II-29

        Table 20: Efficiency Standards for Medium-Voltage Dry Type
        Distribution Transformer by Equipment Classes (Effective
        January 1, 2016)           II-29
       European Energy Efficiency Standards    II-30
        Table 21: Current European Distribution Transformer Loss
        standardsII-30
       Review of Efficiency Standards in Select Countries               II-30
        Canada   II-30
        Japan    II-30
        AustraliaII-31
        China    II-31
        India    II-31
        Mexico   II-31
         Efficiency Rating of Energy Products in Select Countries       II-31
      Growing Threat of Global Warming Stokes Demand for Energy
       Efficient Distribution Transformers     II-32
       Domestic Targets for Greenhouse Gas Emissions of Select
        Regions/Countries          II-32
      Energy Losses during Electricity Distribution Reinforces the
       Need for Efficient EquipmentII-33
       Table 22: Global Electricity Supply (2011): Electricity Use
       and Network Loss for Europe, Former Soviet Union, North
       America, Latin America, Asia and Middle East & Africa in TWh
       (includes corresponding Graph/Chart)    II-34

  4. TECHNOLOGY ADVANCEMENTS: SPEARHEADING GROWTH     II-35
      Smart Grid Technology Revolutionizes Power Transmission &
       Distribution                II-35
      Whispering Transformer from Siemens: A Major Landmark in Eco-
       Friendly Energy Infrastructure          II-36
      Wireless Power Transmission: The Future of Energy Transmission
       TechnologyII-36
      Distribution Transformers to Benefit from the Nanotechnology
       Advantage II-37
      Dry-Type Transformers: Fast Replacing Oil-Type Transformers
       Owing to Superior Features  II-37
      Amorphous Metal Transformers Rise in Prominence II-38
       AMTs Gain Wide Acceptance in Developing Countries                II-38
      Hexaformers: A New Breed of Transformers II-38
      Smart Distribution Transformers: Vital to Asset Monitoring        II-38
      Voltage Regulated Distribution Transformers: Future of Solar
       Photovoltaic Installations  II-39
      Superconductor Based Power Transformers: The Newest Innovation
       from ChinaII-40
       High Temperature Superconductor (HTS) Transformers: An Energy
        Efficient, Economical and Environment Friendly Advancement      II-40
      Growing Adoption of High Voltage Direct Current (HVDC) Bodes
       Well for the Market         II-41
       Table 23: Installed Capacity of HVDC at 800 kV for the Years
       2005 & 2010                 II-41
      Research & Development Initiatives that are Garnering
       Significant Market Interest II-41
       Low Resistivity Contacts in Iron-Pnictide Based
        Superconductor ApplicationsII-41
       Aluminum-Alkaline Metal-Metal Composite Conductors               II-42
       Hydrogen Fluoride (HF) Gas Pressure Control for Enhanced High
        Temperature SuperconductorsII-42
       Catalytic Substrates Based Super Conducting Cuprates             II-43
       Electro-Deposition for Substrate Based Bi-axial Textured Layers  II-43

  5. PRODUCT OVERVIEW              II-44
      Transformers: Definition     II-44
       FIGURE: Electricity Power Grid          II-44
       Table 24: Categorization of Distribution Transformers based
       on Their Capacities         II-45
      Architecture of Transformers II-45
      Transformer Failure          II-46
       Reasons for Transformer Failure         II-47
        Contaminants               II-47
        Fault Currents             II-47
        Usage beyond Stipulated Thermal Limits II-47
        CorrosionII-47
        Electromagnetic Disturbances           II-47
       Transformer Efficiency      II-48
      Distribution Transformers    II-48
       Power Transformers and Distribution Transformers: A Comparison   II-49
       Classification of Distribution Transformers    II-49
        Distribution Transformers by InsulationII-49
         Oil Filled Distribution Transformers  II-50
         Dry Type Distribution Transformers    II-50
        Distribution Transformers by Application      II-50
         General Purpose Distribution Transformers    II-50
       Equipment Classes in the US II-50
        Table 25: US Distribution Transformer Classification:
        Department of Energy Classification of Distribution
        Transformers               II-51
       Uses of Distribution Transformers       II-51
       Transformer Losses          II-51
        No-Load Loss               II-52
        Load LossII-52
        Cooling Loss               II-52

  6. PRODUCT INTRODUCTIONS/INNOVATIONS         II-53
      GE's Digital Energy Unveils PROLEC-GE Solar Pad-Mounted
       Transformer                 II-53
      ABB Unveils Micropole Single Phase Distribution Transformer       II-53
      Powertech Transformers to Develop Shunt Reactor for South
       African Market              II-53
      SGB-SMIT to Develop rONT Controllable Local Grid Distribution
       Transformers                II-53
      Power Partners and SmartSenseCom to Develop Intelligent
       Distribution Transformer    II-53
      Larson Electronics Unveils MGL25-8C-480-120V-GFIII-53
      ABB Launches Amorphous Metal Distribution Transformer             II-53

  7. RECENT INDUSTRY ACTIVITY      II-54
      Emerson Completes Acquisition of Outstanding Equity in EGS
       Electrical and Rebrands unit as Appleton Group II-54
      Toshiba Corporation Acquires of Vijai Electricals                 II-54
      Sumida Power Technology to Take Over Transformer Business of
       Nihon Kohden                II-54
      ABB Commissions Manufacturing Unit for Transformer Components
       in Poland II-54
      Tata Power to Utilize Natural Esters in Electrical
       Distribution Transformers   II-54
      Tata Power Commissions ABB India’s Green Distribution Transformer II-54
      WEG S.A. to Acquire Transformers Business of Hawker Siddeley
       Electric Africa             II-54
      Hitachi to Establish Joint Venture with Fortune Electric          II-55
      AECOM Bags Contract from Electricite d'Haiti    II-55
      Siemens Energy Secures Contract from China National Petroleum     II-55
      Powertech Transformers Bags Miniature Sub-station Contract
       from EskomII-55
      Fuji Electric Holdings to Invest in Tusco Trafo II-55
      ABB Opens Two Manufacturing Units Vadodara      II-55
      Hammond Power Solutions Acquires Pan-Electro Technic Enterprises  II-55
      ABB Acquires Thomas & Betts  II-56
      Eaton Merges with Cooper Industries      II-56
      MicroPlanet Enters Licensing Agreement Tyree Industries           II-56
      Alstom Grid Signs MoU with Toshiba       II-56
      Alstom Secures Multiple Contracts in Colombia   II-56
      Eaton Takes Over Electrical Low-Voltage Power Distribution,
       Control and Automation Business of GycomII-56
      General Electric Enters into Partnership with XD Electric Group   II-56
      ABB Signs 5-Year Contract with Western Power    II-56

  8. FOCUS ON SELECT PLAYERS       II-57
      ASEA Brown Boveri (ABB) (Switzerland)    II-57
      Bharat Heavy Electricals Limited (India) II-57
      Crompton Greaves Ltd. (India)II-58
      DAIHEN Corporation (Japan)   II-59
      Diamond Power Infrastructure Limited (India)    II-59
      Eaton Corporation (US)       II-59
      EFACEC Group (Portugal)      II-60
      EMCO Ltd. (India)            II-60
      Emerson Industrial Automation (US)       II-61
       Appleton Group (US)         II-61
      General Electric Company (US)II-61
      Hammond Power Solutions, Inc. (Canada)   II-62
      Howard Industries, Inc. (US) II-62
      Hyosung Power & Industrial Systems Performance Group (South
       Korea)    II-63
      Hyundai Heavy Industries Co., Ltd. (South Korea)II-63
      IMP Power Limited (India)    II-64
      Kirloskar Electric Company Limited (India)      II-64
      Mitsubishi Electric Corporation (Japan)  II-65
      Powertech Transformers (Pty) Ltd. (South Africa)II-65
      Schneider Electric SA (France)           II-65
      Siemens AG (Germany)         II-66
      Shihlin Electric & Engineering Corporation (Taiwan)               II-67
      Tebian Electric Apparatus Stock Co., Ltd. (TBEA) (China)          II-67

  9. GLOBAL MARKET PERSPECTIVE     II-68
      Table 26: World Recent Past, Current & Future Analysis for
      Distribution Transformers by Geographic Region - US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Latin America
      and Rest of World Markets Independently Analyzed with Annual
      Sales Figures in US$ Million for Years 2013 through 2020
      (includes corresponding Graph/Chart)     II-68

      Table 27: World Historic Review for Distribution Transformers
      by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2006 through 2012 (includes corresponding
      Graph/Chart)                 II-69

      Table 28: World 15-Year Perspective for Distribution
      Transformers by Geographic Region - Percentage Breakdown of
      Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets for
      Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)      II-70

      Distribution Transformers by Equipment Class    II-71

      Table 29: World Recent Past, Current & Future Analysis for Dry
      Type Distribution Transformers by Geographic Region - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
      America and Rest of World Markets Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2013 through
      2020 (includes corresponding Graph/Chart)II-71

      Table 30: World Historic Review for Dry Type Distribution
      Transformers by Geographic Region - US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Latin America and Rest of
      World Markets Independently Analyzed with Annual Sales Figures
      in US$ Million for Years 2006 through 2012 (includes
      corresponding Graph/Chart)   II-72

      Table 31: World 15-Year Perspective for Dry Type Distribution
      Transformers by Geographic Region - Percentage Breakdown of
      Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets for
      Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)      II-73

      Table 32: World Recent Past, Current & Future Analysis for Oil
      Filled Distribution Transformers by Geographic Region - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
      America and Rest of World Markets Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2013 through
      2020 (includes corresponding Graph/Chart)II-74

      Table 33: World Historic Review for Oil Filled Distribution
      Transformers by Geographic Region - US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Latin America and Rest of
      World Markets Independently Analyzed with Annual Sales Figures
      in US$ Million for Years 2006 through 2012 (includes
      corresponding Graph/Chart)   II-75

      Table 34: World 15-Year Perspective for Oil Filled
      Distribution Transformers by Geographic Region - Percentage
      Breakdown of Dollar Sales for US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Latin America and Rest of
      World Markets for Years 2006, 2014 & 2020 (includes
      corresponding Graph/Chart)   II-76

      Distribution Transformers by Application II-77

      Table 35: World Recent Past, Current & Future Analysis for
      Distribution Transformers in Utility Applications by
      Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2013 through 2020 (includes corresponding
      Graph/Chart)                 II-77

      Table 36: World Historic Review for Distribution Transformers
      in Utility Applications by Geographic Region - US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Latin America
      and Rest of World Markets Independently Analyzed with Annual
      Sales Figures in US$ Million for Years 2006 through 2012
      (includes corresponding Graph/Chart)     II-78

      Table 37: World 15-Year Perspective for Distribution
      Transformers in Utility Applications by Geographic Region -
      Percentage Breakdown of Dollar Sales for US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Latin America and Rest
      of World Markets for Years 2006, 2014 & 2020 (includes
      corresponding Graph/Chart)   II-79

      Table 38: World Recent Past, Current & Future Analysis for
      Distribution Transformers in Non-Utility Applications by
      Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2013 through 2020 (includes corresponding
      Graph/Chart)                 II-80

      Table 39: World Historic Review for Distribution Transformers
      in Non-Utility Applications by Geographic Region - US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Latin America
      and Rest of World Markets Independently Analyzed with Annual
      Sales Figures in US$ Million for Years 2006 through 2012
      (includes corresponding Graph/Chart)     II-81

      Table 40: World 15-Year Perspective for Distribution
      Transformers in Non-Utility Applications by Geographic Region
      - Percentage Breakdown of Dollar Sales for US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Latin America and Rest
      of World Markets for Years 2006, 2014 & 2020 (includes
      corresponding Graph/Chart)   II-82


 III. MARKET

  1. THE UNITED STATES             III-1
      A.Market Analysis            III-1
        Current and Future AnalysisIII-1
        Market Overview            III-1
        Factors Driving the US Distribution Transformers Market         III-2
         Market Driven by Transformer Replacements & Capacity Additions III-2
         Soaring Adoption of Renewable Energy Sources in Power
          Generation Set to Power Growth       III-2
          Table 41: US Power Generation Capacity by Energy Source
          (2010 & 2020): Percentage Breakdown of Power Generation
          Capacity from Gas, Coal, Nuclear, Renewable Energy, Hydro,
          and Oil Sources (includes corresponding Graph/Chart)          III-3
         Industrial & Electric Utilities: Dominant End-use Sectors
          for T&D Equipment        III-3
          Table 42: Electric Power Transmission & Distribution
          Equipment Market in the United States (2014): Breakdown of
          Demand (in US$ Million) by Key End-Use Sectors:
          Residential, Commercial, Electric Utility Industrial and
          Others (includes corresponding Graph/Chart) III-4

          Table 43: Energy Consumption in the United States (2008,
          2016 & 2020): Breakdown of Electricity Consumption (in
          Billion Kilowatt Hours) by Key End-Use Industries -
          Residential, Commercial, and Industrial (includes
          corresponding Graph/Chart)           II-4
         Infrastructure Spend by Government Bodies and Institutions
          Spur Demand              III-5
        Competitive Scenario       III-5
         Table 44: Leading Players in the US Electric Power
         Transmission and Distribution Equipment Market: Percentage
         Sales Breakdown for 2013 (includes corresponding
         Graph/Chart)              III-5
        Regulatory Scenario in the USA         III-6
         Table 45: Efficiency Standards for Liquid-Immersed
         Distribution Transformers by Equipment Class (Effective
         January 1, 2016)          III-7

         Table 46: Efficiency Standards for Low-Voltage Dry Type
         Distribution Transformer by Equipment Class (Effective
         January 1, 2016)          III-7

         Table 47: Efficiency Standards for Medium-Voltage Dry Type
         Distribution Transformer by Equipment Class (Effective
         January 1, 2016)          III-8

         Table 48: US MEPS for Oil-filled Distribution Transformers
         (2010 & 2016)             III-8
        Product Introductions/Innovations      III-9
        Strategic Corporate Developments       III-9
        Key Players                III-10
      B.Market Analytics           III-13
        Table 49: US Recent Past, Current & Future Analysis for
        Distribution Transformers by Equipment Class - Dry Type Low
        Voltage, Dry Type Medium Voltage, Oil Filled Medium Voltage
        Single Phase, and Oil Filled Medium Voltage Three Phase
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-13

        Table 50: US Historic Review for Distribution Transformers
        by Equipment Class - Dry Type Low Voltage, Dry Type Medium
        Voltage, Oil Filled Medium Voltage Single Phase, and Oil
        Filled Medium Voltage Three Phase Transformer Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)               III-14

        Table 51: US 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type Low Voltage, Dry Type Medium
        Voltage, Oil Filled Medium Voltage Single Phase, and Oil
        Filled Medium Voltage Three Phase Transformer Markets for
        Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)    III-15

        Table 52: US Recent Past, Current & Future Analysis for
        Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-16

        Table 53: US Historic Review for Distribution Transformers
        by Application - Utility and Non-Utility Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)               III-17

        Table 54: US 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-18

  2. CANADA      III-19
      A.Market Analysis            III-19
        Current and Future AnalysisIII-19
        Regulatory Scenario in Canada          III-19
         Table 55: Canada Voluntary Standards for Liquid-Type
         Distribution Transformers III-20
        Hammond Power Solutions, Inc. - A Key Player  III-20
      B.Market Analytics           III-21
        Table 56: Canadian Recent Past, Current & Future Analysis
        for Distribution Transformers by Equipment Class - Dry Type
        and Oil Filled Transformer Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-21

        Table 57: Canadian Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-22

        Table 58: Canadian 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-23

        Table 59: Canadian Recent Past, Current & Future Analysis
        for Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-24

        Table 60: Canadian Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-25

        Table 61: Canadian 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-26

  3. JAPANIII-27
      A.Market Analysis            III-27
        Current and Future AnalysisIII-27
        Regulatory Scenario in Japan           III-27
         Table 62: Japanese Top Runner Program for 60 Hz
         Single-Phase and Three-Phase Oil-filled Transformers with
         Standards Converted to Efficiency     III-27
        Strategic Corporate Developments       III-28
        Select Key Players         III-28
      B.Market Analytics           III-29
        Table 63: Japanese Recent Past, Current & Future Analysis
        for Distribution Transformers by Equipment Class - Dry Type
        and Oil Filled Transformer Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-29

        Table 64: Japanese Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-30

        Table 65: Japanese 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-31

        Table 66: Japanese Recent Past, Current & Future Analysis
        for Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-32

        Table 67: Japanese Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-33

        Table 68: Japanese 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-34

  4. EUROPE      III-35
      A.Market Analysis            III-35
        Current and Future AnalysisIII-35
        Market Overview            III-35
         Table 69: Consumption of Electricity in Select European
         Markets - Germany, France, UK, Italy, Spain, Sweden,
         Netherlands, Belgium, Finland, Austria, and Greece (2005 &
         2010) (in TWh) (includes corresponding Graph/Chart)            III-36
         Factual Snippets From Across Europe   III-36
         Transformer Sales to Ride on Advent of Smart Grids             III-36
         Value Added Services to Improve Growth Prospects               III-37
         Customer Profile          III-37
         Life Span of Transformers III-37
        Recession Alters Production and Demand Scenario                 III-38
        Overview of European Power Regulatory Framework                 III-38
         Establishment of Internal Energy Market      III-39
        Overview of European Energy Efficiency Standards                III-39
         Table 70: Current European Distribution Transformer Loss
         Standards                 III-40
      B.Market Analytics           III-41
        Table 71: European Recent Past, Current & Future Analysis
        for Distribution Transformers by Geographic Region - France,
        Germany, Italy, UK, Spain, Russia and Rest of Europe Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2013 through 2020 (includes corresponding
        Graph/Chart)               III-41

        Table 72: European Historic Review for Distribution
        Transformers by Geographic Region - France, Germany, Italy,
        UK, Spain, Russia and Rest of Europe Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2006 through 2012 (includes corresponding Graph/Chart)          III-42

        Table 73: European 15-Year Perspective for Distribution
        Transformers by Geographic Region - Percentage Breakdown of
        Dollar Sales for France, Germany, Italy, UK, Spain, Russia
        and Rest of Europe Markets for Years 2006, 2014 & 2020
        (includes corresponding Graph/Chart)   III-43

        Table 74: European Recent Past, Current & Future Analysis
        for Distribution Transformers by Equipment Class - Dry Type
        and Oil Filled Transformer Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-44

        Table 75: European Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-45

        Table 76: European 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-46

        Table 77: European Recent Past, Current & Future Analysis
        for Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-47

        Table 78: European Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-48

        Table 79: European 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-49

  4a. FRANCE     III-50
      A.Market Analysis            III-50
        Current and Future AnalysisIII-50
        Product Introduction       III-50
        Schneider Electric SA - A Key Player   III-50
      B.Market Analytics           III-51
        Table 80: French Recent Past, Current & Future Analysis for
        Distribution Transformers by Equipment Class - Dry Type and
        Oil Filled Transformer Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2013 through
        2020 (includes corresponding Graph/Chart)     III-51

        Table 81: French Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-52

        Table 82: French 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-53

        Table 83: French Recent Past, Current & Future Analysis for
        Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-54

        Table 84: French Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-55

        Table 85: French 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-56

  4b. GERMANY    III-57
      A.Market Analysis            III-57
        Current and Future AnalysisIII-57
        Product Introduction       III-57
        Siemens AG - A Key Player  III-57
      B.Market Analytics           III-58
        Table 86: German Recent Past, Current & Future Analysis for
        Distribution Transformers by Equipment Class - Dry Type and
        Oil Filled Transformer Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2013 through
        2020 (includes corresponding Graph/Chart)     III-58

        Table 87: German Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-59

        Table 88: German 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-60

        Table 89: German Recent Past, Current & Future Analysis for
        Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-61

        Table 90: German Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-62

        Table 91: German 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-63

  4c. ITALY      III-64
      A.Market Analysis            III-64
        Current and Future AnalysisIII-64
         Table 92: Italian Domestic Power Generation by Energy
         Source (2013): Percentage Breakdown of Power Production for
         Thermal, Hydroelectric, Wind, Geothermal, and Solar PV
         Sources (includes corresponding Graph/Chart) III-64
        Italian Electricity Regulatory Framework      III-65
      B.Market Analytics           III-66
        Table 93: Italian Recent Past, Current & Future Analysis for
        Distribution Transformers by Equipment Class - Dry Type and
        Oil Filled Transformer Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2013 through
        2020 (includes corresponding Graph/Chart)     III-66

        Table 94: Italian Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-67

        Table 95: Italian 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-68

        Table 96: Italian Recent Past, Current & Future Analysis for
        Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-69

        Table 97: Italian Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-70

        Table 98: Italian 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-71

  4d. THE UNITED KINGDOM           III-72
      A.Market Analysis            III-72
        Current and Future AnalysisIII-72
      B.Market Analytics           III-73
        Table 99: UK Recent Past, Current & Future Analysis for
        Distribution Transformers by Equipment Class - Dry Type and
        Oil Filled Transformer Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2013 through
        2020 (includes corresponding Graph/Chart)     III-73

        Table 100: UK Historic Review for Distribution Transformers
        by Equipment Class - Dry Type and Oil Filled Transformer
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-74

        Table 101: UK 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-75

        Table 102: UK Recent Past, Current & Future Analysis for
        Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-76

        Table 103: UK Historic Review for Distribution Transformers
        by Application - Utility and Non-Utility Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)               III-77

        Table 104: UK 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-78

  4e. SPAIN      III-79
      A.Market Analysis            III-79
        Current and Future AnalysisIII-79
        New Regulatory Agency Established      III-79
      B.Market Analytics           III-80
        Table 105: Spanish Recent Past, Current & Future Analysis
        for Distribution Transformers by Equipment Class - Dry Type
        and Oil Filled Transformer Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-80

        Table 106: Spanish Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-81

        Table 107: Spanish 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-82

        Table 108: Spanish Recent Past, Current & Future Analysis
        for Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-83

        Table 109: Spanish Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-84

        Table 110: Spanish 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-85

  4f. RUSSIA     III-86
      A.Market Analysis            III-86
        Current and Future AnalysisIII-86
      B.Market Analytics           III-87
        Table 111: Russian Recent Past, Current & Future Analysis
        for Distribution Transformers by Equipment Class - Dry Type
        and Oil Filled Transformer Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-87

        Table 112: Russian Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-88

        Table 113: Russian 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-89

        Table 114: Russian Recent Past, Current & Future Analysis
        for Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-90

        Table 115: Russian Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-91

        Table 116: Russian 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-92

  4g. REST OF EUROPE               III-93
      A.Market Analysis            III-93
        Current and Future AnalysisIII-93
        Turkey: Market Overview    III-93
        Product Introduction       III-93
        Strategic Corporate Developments       III-93
        Key Players                III-94
      B.Market Analytics           III-96
        Table 117: Rest of European Recent Past, Current & Future
        Analysis for Distribution Transformers by Equipment Class -
        Dry Type and Oil Filled Transformer Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-96

        Table 118: Rest of European Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-97

        Table 119: Rest of European 15-Year Perspective for
        Distribution Transformers by Equipment Class - Percentage
        Breakdown of Dollar Sales for Dry Type and Oil Filled
        Transformer Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart) III-98

        Table 120: Rest of European Recent Past, Current & Future
        Analysis for Distribution Transformers by Application -
        Utility and Non-Utility Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2013 through
        2020 (includes corresponding Graph/Chart)     III-99

        Table 121: Rest of European Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-100

        Table 122: Rest of European 15-Year Perspective for
        Distribution Transformers by Application - Percentage
        Breakdown of Dollar Sales for Utility and Non-Utility
        Markets for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-101

  5. ASIA-PACIFICIII-102
      A.Market Analysis            III-102
        Current and Future AnalysisIII-102
        A Hub for Global Growth    III-102
        Rural Electrification in Asian Countries Promote Growth         III-104
        Railway Electrification and High Speed Railway Projects
         Offer Significant Opportunities       III-104
      B.Market Analytics           III-105
        Table 123: Asia-Pacific Recent Past, Current & Future
        Analysis for Distribution Transformers by Geographic Region - 
        China, India and Rest of Asia-Pacific Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2013 through 2020 (includes corresponding
        Graph/Chart)               III-105

        Table 124: Asia-Pacific Historic Review for Distribution
        Transformers by Geographic Region - China, India and Rest of
        Asia-Pacific Markets Independently Analyzed with Annual
        Sales Figures in US$ Million for Years 2006 through 2012
        (includes corresponding Graph/Chart)   III-106

        Table 125: Asia-Pacific 15-Year Perspective for Distribution
        Transformers by Geographic Region - Percentage Breakdown of
        Dollar Sales for China, India and Rest of Asia-Pacific
        Markets for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-107

        Table 126: Asia-Pacific Recent Past, Current & Future
        Analysis for Distribution Transformers by Equipment Class -
        Dry Type and Oil Filled Transformer Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-108

        Table 127: Asia-Pacific Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-109

        Table 128: Asia-Pacific 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-110

        Table 129: Asia-Pacific Recent Past, Current & Future
        Analysis for Distribution Transformers by Application -
        Utility and Non-Utility Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2013 through
        2020 (includes corresponding Graph/Chart)     III-111

        Table 130: Asia-Pacific Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-112

        Table 131: Asia-Pacific 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-113

  5a. CHINA      III-114
      A.Market Analysis            III-114
        Current and Future AnalysisIII-114
        Market Overview            III-114
         Table 132: Electricity Consumption in China: 2000-2013 (in
         TWh) (includes corresponding Graph/Chart)    III-115
         The Northwest and Southeast Regions of China to Bolster the
          Demand for Electric T&D Equipment    III-115
        Domestic Market Growth Attracts International Players           III-115
        Rising Demand for Chinese Transformers in Overseas Markets      III-116
        Industry Moves towards High-Voltage Transformers                III-116
        Issues Persist in the Chinese Transformer Industry              III-116
        Chinese Transformers Industry - Highly Competitive at the
         Lower End                 III-116
         Table 133: Leading Players in the Chinese Transformers
         Market (2013): Percentage Market Share Breakdown for ABB,
         Baoding, TBEA, XD Electric and Others (includes
         corresponding Graph/Chart)III-117
        Factors Driving the Distribution Transformers Market in China   III-117
         Investments in Interconnected Power Grid     III-117
         Transmission over Long Distances      III-117
         Energy Efficient Transformers         III-118
        Regulatory Scenario in China           III-118
         Table 134: China Financial Subsidies Provided for Promoting
         Use of Energy Efficient Transformers  III-119
        Product Introduction       III-119
        Strategic Corporate Development        III-119
        Tebian Electric Apparatus Stock Co., Ltd. (Tbea) - A Key Player III-119
      B.Market Analytics           III-120
        Table 135: Chinese Recent Past, Current & Future Analysis
        for Distribution Transformers by Equipment Class - Dry Type
        and Oil Filled Transformer Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-120

        Table 136: Chinese Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-121

        Table 137: Chinese 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-122

        Table 138: Chinese Recent Past, Current & Future Analysis
        for Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-123

        Table 139: Chinese Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-124

        Table 140: Chinese 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-125

  5b. INDIA      III-126
      A.Market Analysis            III-126
        Current and Future AnalysisIII-126
        Indian Transformers Market Sails through Turbulent Waters       III-126
        Government Investment into Power Generation and T&D Grid to
         Revitalize Market         III-127
         Table 141: Indian Power Generation Market (2013-2018):
         Total Planned Addition for Power Generation Capacity
         Addition by Power Source for Hydro Power and Thermal Power
         (in MW) (includes corresponding Graph/Chart) III-128
         Government Initiatives to Strengthen State Electricity
          Boards Benefits the Market           III-128
        Indian Transformers Industry - Geared to Serve Growing Demand   III-129
         Indian Transformers Market: A Peek into Market Tiers           III-129
          Table 142: Leading Players in the Indian Transformers
          Market (2014): Percentage Breakdown of Production
          Capacities for ABB, Alstom, Baoding Tianwei, BHEL,
          Crompton Greaves, Siemens, TBEA, Transformers & Rectifiers
          India, and Others (includes corresponding Graph/Chart)        III-129
         India Growing Into a Major Global Export Hub for Transformers  III-130
         Tough Times for Domestic ManufacturersIII-130
         CRGO Supply Bottlenecks Constrain Domestic Producers           III-131
         Overseas Players Keenly Eye Indian Shores, Market Headed
          for Consolidation        III-131
         Local Players Turn to Government to Shield Market from
          Threat of Cheap Imports  III-131
         Domestic Players Call for Higher Government Investment into
          RDT&E Infrastructure and Branding    III-132
        UHVAC Transformers - An Emerging Lucrative Segment for OEMs     III-133
        Industrial Sector to Generate Adequate Demand for Transformers  III-133
        Wound Core Designs Replace Stacked Core Models in India         III-133
        End-Use Analysis           III-133
        Regulatory Scenario in India           III-134
        Strategic Corporate Development        III-134
        Key Players                III-135
      B.Market Analytics           III-138
        Table 143: Indian Recent Past, Current & Future Analysis for
        Distribution Transformers by Equipment Class - Dry Type and
        Oil Filled Transformer Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2013 through
        2020 (includes corresponding Graph/Chart)     III-138

        Table 144: Indian Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-139

        Table 145: Indian 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-140

        Table 146: Indian Recent Past, Current & Future Analysis for
        Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-141

        Table 147: Indian Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-142

        Table 148: Indian 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-143

  5c. REST OF ASIA-PACIFIC         III-144
      A.Market Analysis            III-144
        Current and Future AnalysisIII-144
        Focus on Select Regional Markets       III-144
         Australia and New Zealand III-144
          Overview                 III-144
          Key Challenges           III-145
          Governing Bodies & Industry StandardsIII-145
           Table 149: Australian Current and Proposed Specification
           for MEPS and HEPS for Oil-filled Transformers                III-146
         Afghanistan               III-146
         Bangladesh                III-146
         Hong Kong                 III-146
         MalaysiaIII-147
          Table 150: Leading Players in Malaysian Distribution
          Transformers Market (2011): Percentage Breakdown by
          Revenue for Malaysia Transformer Manufacturing Sdn Bhd and
          Others (includes corresponding Graph/Chart) III-147
         Singapore                 III-147
          Table 151: Singapore Minimum Efficiency Standards for
          Oil-filled Distribution Transformers for Voluntary Green
          Building Certification   III-148
          Regulatory Scenario in the South Korea      III-148
           Table 152: South Korean MEPS and TEPS Specifications for
           KSC 4316 and KSC 4317 Type Oil-filled Low Voltage
           Distribution Transformers           III-149
         ThailandIII-150
         Taiwan  III-151
         Vietnam III-151
          Table 153: Vietnamese MEPS for 3-Phase Oil-filled
          Transformers             III-151
        Strategic Corporate Developments       III-152
        Select Key Players         III-152
      B.Market Analytics           III-154
        Table 154: Rest of Asia-Pacific Recent Past, Current &
        Future Analysis for Distribution Transformers by Equipment
        Class - Dry Type and Oil Filled Transformer Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2013 through 2020 (includes corresponding
        Graph/Chart)               III-154

        Table 155: Rest of Asia-Pacific Historic Review for
        Distribution Transformers by Equipment Class - Dry Type and
        Oil Filled Transformer Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2006 through
        2012 (includes corresponding Graph/Chart)     III-155

        Table 156: Rest of Asia-Pacific 15-Year Perspective for
        Distribution Transformers by Equipment Class - Percentage
        Breakdown of Dollar Sales for Dry Type and Oil Filled
        Transformer Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart) III-156

        Table 157: Rest of Asia-Pacific Recent Past, Current &
        Future Analysis for Distribution Transformers by Application - 
        Utility and Non-Utility Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-157

        Table 158: Rest of Asia-Pacific Historic Review for
        Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-158

        Table 159: Rest of Asia-Pacific 15-Year Perspective for
        Distribution Transformers by Application - Percentage
        Breakdown of Dollar Sales for Utility and Non-Utility
        Markets for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-159

  6. LATIN AMERICA                 III-160
      A.Market Analysis            III-160
        Current and Future AnalysisIII-160
      B.Market Analytics           III-161
        Table 160: Latin American Recent Past, Current & Future
        Analysis for Distribution Transformers by Geographic Region - 
        Brazil and Rest of Latin America Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-161

        Table 161: Latin American Historic Review for Distribution
        Transformers by Geographic Region - Brazil and Rest of Latin
        America Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-162

        Table 162: Latin American 15-Year Perspective for
        Distribution Transformers by Geographic Region - Percentage
        Breakdown of Dollar Sales for Brazil and Rest of Latin
        America Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart) III-163

        Table 163: Latin American Recent Past, Current & Future
        Analysis for Distribution Transformers by Equipment Class -
        Dry Type and Oil Filled Transformer Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-164

        Table 164: Latin American Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-165

        Table 165: Latin American 15-Year Perspective for
        Distribution Transformers by Equipment Class - Percentage
        Breakdown of Dollar Sales for Dry Type and Oil Filled
        Transformer Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart) III-166

        Table 166: Latin American Recent Past, Current & Future
        Analysis for Distribution Transformers by Application -
        Utility and Non-Utility Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2013 through
        2020 (includes corresponding Graph/Chart)     III-167

        Table 167: Latin American Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-168

        Table 168: Latin American 15-Year Perspective for
        Distribution Transformers by Application - Percentage
        Breakdown of Dollar Sales for Utility and Non-Utility
        Markets for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-169

  6a. BRAZIL     III-170
      A.Market Analysis            III-170
        Current and Future AnalysisIII-170
        Rising Energy Consumption to Drive Growth in Distribution
         Transformers Market       III-170
      B.Market Analytics           III-171
        Table 169: Brazilian Recent Past, Current & Future Analysis
        for Distribution Transformers by Equipment Class - Dry Type
        and Oil Filled Transformer Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-171

        Table 170: Brazilian Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-172

        Table 171: Brazilian 15-Year Perspective for Distribution
        Transformers by Equipment Class - Percentage Breakdown of
        Dollar Sales for Dry Type and Oil Filled Transformer Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-173

        Table 172: Brazilian Recent Past, Current & Future Analysis
        for Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart) III-174

        Table 173: Brazilian Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-175

        Table 174: Brazilian 15-Year Perspective for Distribution
        Transformers by Application - Percentage Breakdown of Dollar
        Sales for Utility and Non-Utility Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-176

  6b. REST OF LATIN AMERICA        III-177
      A.Market Analysis            III-177
        Current and Future AnalysisIII-177
        Overview of Select Regional Markets    III-177
         Mexico  III-177
          Mexico’s Plans for Smart Grid to Drive Distribution
           Transformers Market     III-178
          Regulatory Overview      III-178
           Table 175: Mexican Proposed Minimum Efficiency Standards
           for Oil-filled Distribution Transformers   III-179
         Peru    III-179
          Table 176: Peruvian Proposed Efficiency Standards for
          Single-Phase Oil-Filled Distribution Transformers             III-180

          Table 177: Peruvian Proposed Efficiency Standards for
          Three-Phase Oil-Filled Distribution Transformers              III-180
         Chile   III-181
          Table 178: Chilean Voluntary Energy-Efficiency Standard
          for Single-phase and Three- phase Oil-filled Distribution
          Transformers             III-181
        Strategic Corporate Development        III-182
      B.Market Analytics           III-182
        Table 179: Rest of Latin American Recent Past, Current &
        Future Analysis for Distribution Transformers by Equipment
        Class - Dry Type and Oil Filled Transformer Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2013 through 2020 (includes corresponding
        Graph/Chart)               III-182

        Table 180: Rest of Latin American Historic Review for
        Distribution Transformers by Equipment Class - Dry Type and
        Oil Filled Transformer Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2006 through
        2012 (includes corresponding Graph/Chart)     III-183

        Table 181: Rest of Latin American 15-Year Perspective for
        Distribution Transformers by Equipment Class - Percentage
        Breakdown of Dollar Sales for Dry Type and Oil Filled
        Transformer Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart) III-184

        Table 182: Rest of Latin American Recent Past, Current &
        Future Analysis for Distribution Transformers by Application - 
        Utility and Non-Utility Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-185

        Table 183: Rest of Latin American Historic Review for
        Distribution Transformers by Application - Utility and
        Non-Utility Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-186

        Table 184: Rest of Latin American 15-Year Perspective for
        Distribution Transformers by Application - Percentage
        Breakdown of Dollar Sales for Utility and Non-Utility
        Markets for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-187

  7. REST OF WORLD                 III-188
      A.Market Analysis            III-188
        Current and Future AnalysisIII-188
        Focus on Select Regional Markets       III-188
         Saudi Arabia              III-188
          Saudi Arabia’s Ambitious Solar Energy Plans to Boost Smart
           Grids III-188
         Nigeria III-189
         South Africa              III-189
          Table 185: South Africa’s Leading Players in Distribution
          Transformers Market (2011): Percentage Share Breakdown by
          Revenue for Alstom, Powertech Transformers, Electro
          Inductive Industries, Hawker Siddeley Electric Africa
          (Pty) Ltd and Others (includes corresponding Graph/Chart)     III-189
        Strategic Corporate Developments       III-190
        Powertech Transformers (Pty) Ltd. - A Key South African Player  III-190
      B.Market Analytics           III-191
        Table 186: Rest of World Recent Past, Current & Future
        Analysis for Distribution Transformers by Equipment Class -
        Dry Type and Oil Filled Transformer Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-191

        Table 187: Rest of World Historic Review for Distribution
        Transformers by Equipment Class - Dry Type and Oil Filled
        Transformer Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-192

        Table 188: Rest of World 15-Year Perspective for
        Distribution Transformers by Equipment Class - Percentage
        Breakdown of Dollar Sales for Dry Type and Oil Filled
        Transformer Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart) III-193

        Table 189: Rest of World Recent Past, Current & Future
        Analysis for Distribution Transformers by Application -
        Utility and Non-Utility Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2013 through
        2020 (includes corresponding Graph/Chart)     III-194

        Table 190: Rest of World Historic Review for Distribution
        Transformers by Application - Utility and Non-Utility
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart) III-195

        Table 191: Rest of World 15-Year Perspective for
        Distribution Transformers by Application - Percentage
        Breakdown of Dollar Sales for Utility and Non-Utility
        Markets for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)               III-196


 IV. COMPETITIVE LANDSCAPE

     Total Companies Profiled: 148 (including Divisions/Subsidiaries - 181)

     The United States (29)
     Canada (5)
     Japan (4)
     Europe (44)
     - France (4)
     - Germany (5)
     - The United Kingdom (4)
     - Italy (6)
     - Spain (4)
     - Rest of Europe (21)
     Asia-Pacific (Excluding Japan) (79)
     Latin America (4)
     Africa (8)
     Middle East (8)
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Date of Publication:
Dec 1, 2014
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