• Skip to primary navigation
  • Skip to main content
etech logo

etech

End-to-end service, delivering bespoke LV, MV and HV transformers

  • Home
  • Services
  • Products
  • Applications
  • About Us
    • Our People
  • News
  • Contact
home banner background

Opportunities and challenges for the power transformer market

The rise in the usage of electricity, the replacement of existing power transformers, and the increased adoption of smart grids and smart transformers are driving the global power transformer market. An increase in demand for electricity and the emergence of renewable power sources boost the adoption of high-voltage transmission technologies such as UHV, HVAC, and HVDC power transformers.

Most poor countries have under-utilized resources of energy while in developing countries there is a need for improvement throughout the power system. The advent of Ultra high voltage (UHV) transmission (1100KV and above) has resulted in the need for an upgrade of transmission networks throughout the world. Power transformers help integrate new renewable power plants into the existing transmission networks. Thus, the emergence of renewable energy as a primary source of energy offers long-term growth opportunities for the global power transformers market.

However, raw material cost, complexity in the design and construction of power transformers as well as supporting infrastructures needed for stable and life-long transformer operation makes power transformers expensive and unaffordable. Research shows that renewable energy as a primary source of energy offers long-term growth opportunities for the global power transformers market.

Published on: July 6, 2021

Explore more

Contact us to get started

Get a Qualified Quote

etech icon white

Footer

etech logo white

Industrial Partners Ltd

Etech a trading name of Industrial Partners Boundary House, Boston Road, London W7 2QE

Copyright © 2023 · etech · Industrial Partners Ltd · Privacy Policy

Keep In Touch

  • Email
  • LinkedIn

Copyright © 2023 · etech · Industrial Partners Ltd · Privacy Policy

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Read More
By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit Cookie Settings to provide a controlled consent.
Accept All Reject All
Manage consent to Cookies

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT