LONDON, Oct. 7, 2019 /PRNewswire/ -- Analysis by Phase (Single Phase, Three Phase), by Power Rating (25–500 VA, 500–1,000 VA, 1000-1500 VA and >1500 VA), End Use (Power Generation, Oil & Gas, Chemical, Metal and Mining), Company and Country Analysis and Forecasts
• Industrial control transformer is an isolation transformer that provides superior voltage regulation.
• Control transformers are usually used in an electronic circuit that requires constant voltage or constant current with a low power rating.
Market Overview and Trends
• Industrial control transformers are generally customized that may vary in the features according to the demand of the end-user.
• The use of industrial control transformers becomes essential for the reliable and safe operation of the control devices.
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Factors Influencing the Market Growth:
• Need to reduce equipment failure caused by frequent voltage variations.
• Flourishing power sector.
• Increased usage of industrial control transformers across major industries owing to increased safety concerns.
Factors Restraining the Market Growth:
• Dormant growth of the oil & gas industry.
• Slowdown in the mining industry across Asia Pacific, South America, and Africa.
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Market Segmentation 2019-2029:
• Single Phase market, 2019-2029
• Three Phase market, 2019-2029
• 25–500 VA Market, 2019-2029
• 500–1,000 VA Market, 2019-2029
• 1000-1500 VA Market, 2019-2029
• >1500 VA Market, 2019-2029
• Power Generation
• Oil & Gas
• Metal and Mining
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Latin America, Middle East and Africa Market, 2019-2029
• Companies are actively engaged in different developmental strategies in order to improve and increase their foothold in the global gas turbine Power Ratings market.
• There have been a considerable number of product launches and product developments, recently in the global Industrial Control Transformer industry.
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Companies covered in the report include:
Dongan Electric Manufacturing Company
Emerson Electric Co.
Foster Transformer Company
G S A Industries
General Electric Company
Hammond Power Solutions Inc.
SNC Manufacturing Co., Ltd
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