© 2016 Global Market Insights, Inc. USA. All Rights Reserved India Dry Type Transformer Market to surpass $250 Mn by 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  India Dry Type Transformer Market size for 2016 was valued over USD 100 million and is set to witness an annual installation of over 20 ‘000 units by  Favorable regulatory framework pertaining to establishment of sustainable transmission systems coupled with growing suburban population across the nation will foster the dry type transformer market share.  Northern region dry type transformer market is set to reach over USD 70 million by Rising investments from public and private entities to nourish the existing and new electric infrastructure along with growing demand for electricity from off-grid areas will stimulate the industry growth.  The IFC has planned to invest USD 5 billion by 2020 toward the expansion of sustainable and renewable energy network in India. Key Insights from India Dry Type Transformer Market

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The Government of India in 2015, introduced the Green Energy Corridor Project proposing an investment worth USD 1 billion toward the development of a self-sustained grid infrastructure for renewable energy transmission.  Large scale integration of renewable energy technologies along with favorable government policies toward Foreign Direct Investments will propel the dry type transformer market size.  Effective insulation capabilities, temperature bearing strength, and sustainable product applicability across distribution networks lay competitive grounds for Class H transformer deployment.  Eminent players across the dry type transformer market include ABB, Schneider Electric, Siemens, GE, Kirloskar, GE, Toshiba, Eaton, WEG, Prima, Vijay Power & Control Systems, BHEL, CG and Voltamp. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Eastern Region Dry Type Transformer Market Size, By Rating (USD Million)

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