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Transformer Market Forecasts to 2028 – Global Analysis By Type (Low Rated transformer, High Rated transformer), Power Rating (Large, Medium, Small), Phase (Three Phase, Single Phase) and By Geography

September 2021 | 150 pages | ID: T9759EC21DFFEN
Stratistics Market Research Consulting

US$ 4,150.00

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According to Stratistics MRC, the Global Transformer Market is accounted for $54.27 billion in 2020 and is expected to reach $123.29 billion by 2028 growing at a CAGR of 10.8% during the forecast period. The rise in the growth of microgrid and power generation & transmission technologies and growth in industrialization & centralization are driving the market growth. However, high initial and instability in the pricing of raw materials costs are hampering the growth of the market.

The transformer is a passive electrical device that transfers electrical energy from one circuit to another electrical circuit. A changing current in any one coil of the transformer creates a varying magnetic flux in the transformer’s core which brings a varying electromotive force across any other coils wrapped around the same core. Electrical energy can be moved among distinct coils without a metallic connection between the two circuits. Transformers are generally used for increasing low AC voltages at the high current or decreasing high AC voltages at low current in electric power applications and for coupling the stages of signal processing circuits.

Based on the phase, the three phase segment is going to have lucrative growth during the forecast period, due to extensive applications such as providing large loads, power transmission of the electrical grids in the power generation and increasing application in the transmission and distribution sector. The three phase transformers are progressively used owing to their numerous advantages like they smaller and lighter to construct, they have better operating characteristics.

By geography, Asia Pacific is going to have high growth during the forecast period, due to the increasing up-gradation of power and distribution infrastructure, replacement of aging equipment, and the increasing development in heavy industries and renewable energy are some of the factor’s propel the market growth across the province.

Some of the key players profiled in the Transformer Market include ABB Ltd, Alstom, Eaton, General Electric Company, Hammond Power Solutions Inc, Hitachi, Kirloskar Electric Company, Mitsubishi Electric Corporation, RITZ Instrument Transformers GmbH, Schneider Electric, SGB-SMIT, Siemens AG, SPX Transformer Solutions, Toshiba Corporation.

Types Covered:
  • Low Rated transformer
  • High Rated transformer
Power Ratings Covered:
  • Large
  • Medium
  • Small
Phases Covered:
  • Three Phase
  • Single Phase
Insulations Covered:
  • Air
  • Gas
  • Oil
  • Solid
Cores Covered:
  • Berry
  • Closed
  • Shell
Products Covered:
  • Distribution Transformer
  • Power Transformer
  • Instrument Transformer
Windings Covered:
      • Two Winding
      • Auto Transformer
Installations Covered:
  • Outdoor
  • Indoor
Ratings Covered:
  • ? 10 MVA
      • 11 to 60 MVA
      • 61 MVA to 600 MVA
  • > 600 MVA
Mountings Covered:
  • Pad
  • PC/PCB (Printed Circuit Board)
  • Pole
Cooling’s Covered:
  • Dry Type
  • Oil Immersed
Applications Covered:
  • Residential & Commercial
  • Energy and Power Utilities
  • Metallurgy Industry
  • Power Distribution
  • Power Generation
  • Power Transmission
  • Industrial
  • Petrochemicals Industry
Regions Covered:
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
What our report offers:
  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements
Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:
  • Company Profiling
        • Comprehensive profiling of additional market players (up to 3)
        • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 GLOBAL TRANSFORMER MARKET, BY TYPE

5.1 Introduction
5.2 Low Rated transformer
5.3 High Rated transformer

6 GLOBAL TRANSFORMER MARKET, BY POWER RATING

6.1 Introduction
6.2 Large
6.3 Medium
6.4 Small

7 GLOBAL TRANSFORMER MARKET, BY PHASE

7.1 Introduction
7.2 Three Phase
7.3 Single Phase

8 GLOBAL TRANSFORMER MARKET, BY INSULATION

8.1 Introduction
8.2 Air
8.3 Gas
8.4 Oil
8.5 Solid

9 GLOBAL TRANSFORMER MARKET, BY CORE

9.1 Introduction
9.2 Berry
9.3 Closed
9.4 Shell

10 GLOBAL TRANSFORMER MARKET, BY PRODUCT

10.1 Introduction
10.2 Power Transformer
10.3 Distribution Transformer
10.4 Instrument Transformer
  10.4.1 Current
  10.4.2 Potential

11 GLOBAL TRANSFORMER MARKET, BY WINDING

11.1 Introduction
11.2 Two Winding
11.3 Auto Transformer

12 GLOBAL TRANSFORMER MARKET, BY INSTALLATION

12.1 Introduction
12.2 Outdoor
12.3 Indoor

13 GLOBAL TRANSFORMER MARKET, BY RATING

13.1 Introduction
13.2 ? 10 MVA
13.3 11 to 60 MVA
13.4 61 MVA to 600 MVA
13.5 > 600 MVA

14 GLOBAL TRANSFORMER MARKET, BY MOUNTING

14.1 Introduction
14.2 Pad
14.3 PC/PCB (Printed Circuit Board)
14.4 Pole

15 GLOBAL TRANSFORMER MARKET, BY COOLING

15.1 Introduction
15.2 Dry Type
  15.2.1 Self-Air
  15.2.2 Air Blast
15.3 Oil Immersed
  15.3.1 Forced Oil
  15.3.2 Self-cooled
  15.3.3 Water cooled

16 GLOBAL TRANSFORMER MARKET, BY APPLICATION

16.1 Introduction
16.2 Residential & Commercial
  16.2.1 Hotels
  16.2.2 Hospitals
  16.2.3 Apartments
16.3 Energy and Power Utilities
16.4 Metallurgy Industry
16.5 Power Distribution
16.6 Power Generation
16.7 Power Transmission
16.8 Industrial
  16.8.1 Cement
  16.8.2 Oil & Gas
  16.8.3 Power
  16.8.4 Railways
16.5 Petrochemicals Industry

17 GLOBAL TRANSFORMER MARKET, BY GEOGRAPHY

17.1 Introduction
17.2 North America
  17.2.1 US
  17.2.2 Canada
  17.2.3 Mexico
17.3 Europe
  17.3.1 Germany
  17.3.2 UK
  17.3.3 Italy
  17.3.4 France
  17.3.5 Spain
  17.3.6 Rest of Europe
17.4 Asia Pacific
  17.4.1 Japan
  17.4.2 China
  17.4.3 India
  17.4.4 Australia
  17.4.5 New Zealand
  17.4.6 South Korea
  17.4.7 Rest of Asia Pacific
17.5 South America
  17.5.1 Argentina
  17.5.2 Brazil
  17.5.3 Chile
  17.5.4 Rest of South America
17.6 Middle East & Africa
  17.6.1 Saudi Arabia
  17.6.2 UAE
  17.6.3 Qatar
  17.6.4 South Africa
  17.6.5 Rest of Middle East & Africa

18 KEY DEVELOPMENTS

18.1 Agreements, Partnerships, Collaborations and Joint Ventures
18.2 Acquisitions & Mergers
18.3 New Product Launch
18.4 Expansions
18.5 Other Key Strategies

19 COMPANY PROFILING

19.1 ABB Ltd
19.2 Alstom
19.3 Eaton
19.4 General Electric Company
19.5 Hammond Power Solutions Inc
19.6 Hitachi
19.7 Kirloskar Electric Company
19.8 Mitsubishi Electric Corporation
19.9 RITZ Instrument Transformers GmbH
19.10 Schneider Electric
19.11 SGB-SMIT
19.12 Siemens AG
19.13 SPX Transformer Solutions
19.14 Toshiba Corporation

LIST OF TABLES

Table 1 Global Transformer Market Outlook, By Region (2019-2028) (US $MN)
Table 2 Global Transformer Market Outlook, By Type (2019-2028) (US $MN)
Table 3 Global Transformer Market Outlook, By Low Rated transformer (2019-2028) (US $MN)
Table 4 Global Transformer Market Outlook, By High Rated transformer (2019-2028) (US $MN)
Table 5 Global Transformer Market Outlook, By Power Rating (2019-2028) (US $MN)
Table 6 Global Transformer Market Outlook, By Large (2019-2028) (US $MN)
Table 7 Global Transformer Market Outlook, By Medium (2019-2028) (US $MN)
Table 8 Global Transformer Market Outlook, By Small (2019-2028) (US $MN)
Table 9 Global Transformer Market Outlook, By Phase (2019-2028) (US $MN)
Table 10 Global Transformer Market Outlook, By Three Phase (2019-2028) (US $MN)
Table 11 Global Transformer Market Outlook, By Single Phase (2019-2028) (US $MN)
Table 12 Global Transformer Market Outlook, By Insulation (2019-2028) (US $MN)
Table 13 Global Transformer Market Outlook, By Air (2019-2028) (US $MN)
Table 14 Global Transformer Market Outlook, By Gas (2019-2028) (US $MN)
Table 15 Global Transformer Market Outlook, By Oil (2019-2028) (US $MN)
Table 16 Global Transformer Market Outlook, By Solid (2019-2028) (US $MN)
Table17 Global Transformer Market Outlook, By Core (2019-2028) (US $MN)
Table 18 Global Transformer Market Outlook, By Berry (2019-2028) (US $MN)
Table 19 Global Transformer Market Outlook, By Closed (2019-2028) (US $MN)
Table 20 Global Transformer Market Outlook, By Shell (2019-2028) (US $MN)
Table 21 Global Transformer Market Outlook, By Product (2019-2028) (US $MN)
Table 22 Global Transformer Market Outlook, By Power Transformer (2019-2028) (US $MN)
Table 23 Global Transformer Market Outlook, By Distribution Transformer (2019-2028) (US $MN)
Table 24 Global Transformer Market Outlook, By Instrument Transformer (2019-2028) (US $MN)
Table 25 Global Transformer Market Outlook, By Current (2019-2028) (US $MN)
Table 26 Global Transformer Market Outlook, By Potential (2019-2028) (US $MN)
Table 27 Global Transformer Market Outlook, By Winding (2019-2028) (US $MN)
Table 28 Global Transformer Market Outlook, By Two Winding (2019-2028) (US $MN)
Table 29 Global Transformer Market Outlook, By Auto Transformer (2019-2028) (US $MN)
Table 30 Global Transformer Market Outlook, By Installation (2019-2028) (US $MN)
Table 31 Global Transformer Market Outlook, By Outdoor (2019-2028) (US $MN)
Table 32 Global Transformer Market Outlook, By Indoor (2019-2028) (US $MN)
Table 33 Global Transformer Market Outlook, By Rating (2019-2028) (US $MN)
Table 34 Global Transformer Market Outlook, By ? 10 MVA (2019-2028) (US $MN)
Table 35 Global Transformer Market Outlook, By 11 to 60 MVA (2019-2028) (US $MN)
Table 36 Global Transformer Market Outlook, By 61 MVA to 600 MVA (2019-2028) (US $MN)
Table 37 Global Transformer Market Outlook, By > 600 MVA (2019-2028) (US $MN)
Table 38 Global Transformer Market Outlook, By Mounting (2019-2028) (US $MN)
Table 39 Global Transformer Market Outlook, By Pad (2019-2028) (US $MN)
Table 40 Global Transformer Market Outlook, By PC/PCB (Printed Circuit Board)(2019-2028) (US $MN)
Table 41 Global Transformer Market Outlook, By Pole (2019-2028) (US $MN)
Table 42 Global Transformer Market Outlook, By Cooling (2019-2028) (US $MN)
Table 43 Global Transformer Market Outlook, By Dry Type (2019-2028) (US $MN)
Table 44 Global Transformer Market Outlook, By Self-Air (2019-2028) (US $MN)
Table 45 Global Transformer Market Outlook, By Air Blast (2019-2028) (US $MN)
Table 46 Global Transformer Market Outlook, By Oil Immersed (2019-2028) (US $MN)
Table 47 Global Transformer Market Outlook, By Forced Oil (2019-2028) (US $MN)
Table 48 Global Transformer Market Outlook, By Self-cooled (2019-2028) (US $MN)
Table 49 Global Transformer Market Outlook, By Water cooled (2019-2028) (US $MN)
Table 50 Global Transformer Market Outlook, By Application (2019-2028) (US $MN)
Table 51 Global Transformer Market Outlook, By Residential & Commercial (2019-2028) (US $MN)
Table 52 Global Transformer Market Outlook, By Hotels (2019-2028) (US $MN)
Table 53 Global Transformer Market Outlook, By Hospitals (2019-2028) (US $MN)
Table 54 Global Transformer Market Outlook, By Apartments (2019-2028) (US $MN)
Table 55 Global Transformer Market Outlook, By Energy and Power Utilities (2019-2028) (US $MN)
Table 56 Global Transformer Market Outlook, By Metallurgy Industry (2019-2028) (US $MN)
Table 57 Global Transformer Market Outlook, By Power Distribution (2019-2028) (US $MN)
Table 58 Global Transformer Market Outlook, By Power Generation (2019-2028) (US $MN)
Table 59 Global Transformer Market Outlook, By Power Transmission (2019-2028) (US $MN)
Table 60 Global Transformer Market Outlook, By Industrial (2019-2028) (US $MN)
Table 61 Global Transformer Market Outlook, By Cement (2019-2028) (US $MN)
Table 62 Global Transformer Market Outlook, By Oil & Gas (2019-2028) (US $MN)
Table 63 Global Transformer Market Outlook, By Power (2019-2028) (US $MN)
Table 64 Global Transformer Market Outlook, By Railways (2019-2028) (US $MN)
Table 65 Global Transformer Market Outlook, By Petrochemicals Industry (2019-2028) (US $MN)
Note- Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.


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