The report "Distribution Voltage Regulator Market by Type (Ferroresonant and Tap Switching), by End-Users (Commercial, Industrial, and Residential) & by Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa) - Global Trends & Forecast to 2019", defines and segments the distribution voltage regulator market with analysis of value, market share of leading players, and forecast for future trends. It also identifies the driving forces, restraining factors and challenges for the market, highlighting the latest trends, and identifying opportunities.
Browse 78 market data tables and 56 figures spread through 181 pages and in-depth TOC on Distribution Voltage Regulator Market - Global Trends & Forecast to 2019
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 distribution voltage regulator market in Asia-Pacific, as well as the world.
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The global distribution voltage regulator market is projected to grow from $1,997.5 million to $2,482.5 million at a CAGR of from 4.7% 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.
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The leading players in the global distribution voltage regulator market 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 distribution voltage regulator market 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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