The 2023-2028 World Outlook for Utility Asset Management Transformers

The 2023-2028 World Outlook for Utility Asset Management Transformers

This study covers the world outlook for utility asset management transformers across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study covers utility asset management transformers as defined by the North American Industrial Classification system or NAICS (pronounced nakes).

The NAICS code for utility asset management transformers is 33312017. It is for this definition that aggregate latent demand estimates are derived. Utility asset management transformers is specifically defined as follows:

33312017 Attach. for tractors & other equip. (exc parts, winches, snow clearing attach.)

3331201770 Construction machinery for mounting on tractors and other prime movers (excluding parts, winches, and snow clearing attachments)

3331201782 Backhoes for mounting on tractors, trucks, and other prime movers (either shipped separately or already mounted on integral units)

3331201799 Other construction machinery for mounting (sidebrooms, pipehandlers, dozers, front end loaders, shovel loaders, logging arches, etc.), except winches and materials handling equipment