Distribution Voltage Regulator Market Worth $2,482.5 Million by 2019
DALLAS, April 24, 2015 /PRNewswire/ --
The report "Distribution Voltage Regulator Market by Type (Ferroresonant and Tap-switching), By End-user (Commercial, Industrial, and Residential), & By Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa) - Global Trend & Forecast To 2019", published by MarketsandMarkets, The global Distribution Voltage Regulator Market is projected to grow from $1,997.5 Million to $2,482.5 Million at a CAGR of 4.7% from 2014 to 2019.
Browse more than 78 market data Tables and 62 Figures spread through 180 Pages and in-depth TOC on "Distribution Voltage Regulator Market".
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In 2013, Asia-Pacific was the single largest regional market for distribution voltage regulators across the globe and accounted for a market share of 43.5%. Growing demand for electric power and the consequent spending on transmission and distribution infrastructure is one of the key drivers of demand for in Asia-Pacific, as well as the world.
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The leading players in the global are Siemens AG (Germany), ABB Ltd. (Switzerland), General Electric (U.S.), Maschinenfabrik Reinhausen (Germany), Eaton Corporation (U.S.), Howard Industries (U.S.), Toshiba Corporation (Japan), Basler Electric (U.S.), and others. The players in the global make investments in R&D to enhance the efficiency of products. The companies are reaching into new geographic territories to take advantage of new opportunities in the fast-growing emerging economies of Asia-Pacific, the Middle East and Africa, and South America through joint-ventures, mergers and acquisitions, and partnerships.
The global Distribution Voltage Regulator Market is projected to grow from $1,997.5 million to $2,482.5 million at a CAGR of 4.7% from 2014 to 2019 with increasing demand from countries such as China, India, Saudi Arabia, UAE, Brazil, and South Africa. Expansion of power distribution networks to connect more populations to electricity supply, modernize aged infrastructure, and improve efficiency of power supply are playing an important role in generating demand for distribution voltage regulators.
The leading players in the global are Siemens AG (Germany), ABB Ltd. (Switzerland), General Electric (U.S.), Maschinenfabrik Reinhausen (Germany), Eaton Corporation (U.S.), Howard Industries (U.S.), Toshiba Corporation (Japan), Basler Electric (U.S.), and others. The players in the global make investments in R&D to enhance the efficiency of products. The companies are reaching into new geographic territories to take advantage of new opportunities in the fast-growing emerging economies of Asia-Pacific, the Middle East and Africa, and South America through joint-ventures, mergers and acquisitions, and partnerships.
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