Electricity + Control December 2016

TRANSFORMERS + SUBSTATIONS

Transformer Core Market in Africa and Asia-Pacific Regions Promising Future

Sidharth Sawant, Allied Market Research

A market report published by Allied Market Research offers useful insights related to the transformer core market and highlights the market share, size, and growth.

the transformer core market and highlights the market share, size, and growth. The transformer core technology enhances the efficiency of electricity production.

Need for improved power supply Power generation and consumption need to be tracked and moni- tored. It is important to identify where the resources are being used and what impact the whole procedure has on the environment. Pro- duction of large volumes of electricity utilising minimum quantities of resources is the ideal situation for these power producing facilities. Electricity distribution is another crucial aspect that needs to be con- sidered and it is important to find efficient and reliable ways to do so. An expert in electrical engineering based in Nigeria, Engr. Olice Kemenanabo, throws light on the need to improve electricity supply in the region. He lists the existing challenges that hinder reliability, quality, and vulnerability of the electric power systems. He reveals that improper ways to monitor and evaluate electric supply is the main cause of wastage of resources. Moreover, he explains that the

I n the modern era, technology has progressed and developed on a large scale in all the industrial sectors such as IT, defence, electricity, and automotive. Technological advancements made in the last two decades are commendable. However, it is important to protect and safeguard the environment and comply with industrial policies. Leadingmanufactur- ers and market players have realised the need to utilise renewable energy resources to produce energy and electricity. The transformer core market has also grown over the years owing to high demand for electricity and the rise in electricity production facilities especially in the developing countries. A market report published by Allied Market Research offers useful insights related to

Electricity+Control December ‘16

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