Rise in Energy Consumption Powers Brazilian Distribution Transformers Market, Finds Frost & Sullivan

Rise in Energy Consumption Powers Brazilian Distribution Transformers Market, Finds Frost & Sullivan PR Newswire SAO PAULO, Dec. 4, 2012 - Growth of national economy and industrial activity boosts utilities' investments in the market SAO PAULO, Dec. 4, 2012 /PRNewswire/ -- The declaration of Brazil as the venue for the 2014 FIFA World Cup and the 2016 Olympic Games has required power utilities to ensure an uninterrupted supply of electricity during these events. They are, therefore, investing in necessary infrastructure, such as distribution transformers, to cope with the high demand. Sustainable demand for organic energy and the ensuing expansion of generation capacity for wind and hydro power have further made the distribution transformers market more investment-friendly, despite the global downturn. New analysis from Frost & Sullivan (http://www.energy.frost.com), Growth Opportunities in the Brazilian Distribution Transformers Market, finds that the market earned revenues of over $505.9 million in 2012 and estimates this to reach $685.0 million in 2017. The study covers oil-type, dry-type, and vegetable oil-filled distribution transformers. New power quality standards in Brazil require power companies to deliver a minimum level of electricity supply to end users. This necessitates investments in distribution transformers.