The Latin America, Middle East and Africa Power Transformer Market should witness market growth of 8.5% CAGR during the forecast period (2022-2028).
The power transformers have a voltage range that varies between 33kV to 400kV. The essential part of the power transformers is core, primary winding, and secondary winding. The other elements of the power transformers comprise tap changers, insulating materials, transformer tank, bushings, breather, conservator, explosion vent, Buchholz relay, and cooling system. Power transformers could be categorized based on turns ratio, core & winding construction, core material, and phases.
The transformer losses that affects power transformers’ efficiency are hysteresis loss, copper loss, flux loss, and eddy current loss. In the core power transformers, the secondary and primary windings surrounds the core. The core of these transformers is designed by stacking them to form the layer and linking two L-shaped steel strips. The strips are organized so that continuous joints are removed to avoid high reluctance at the joints.
Isolation transformers have a turns ratio that equals 1, indicating that the number of turns in the secondary and primary windings is same. They are utilized to separate the load from the origin of power while providing alternating currents. They protect people, operations, and electronic devices from electrical damage, shock, and noise. They are usually utilized in measurement devices, computers, laboratory and medical equipment, industrial machinery, and other sensitive equipment.
One of the most significant changes the African continent will experience in the twenty-first century is urbanization. Cities in Africa are the youngest and changing the fastest, with the fastest population growth rates worldwide. They are projected to have a significant impact on Africa's economic, social, and political landscape in the ensuing decades. Therefore, urbanization offers a tremendous opportunity to further the 2030 and 2063 development objectives.This would further support the growth of the power transformer market.
The Brazil market dominated the LAMEA Power Transformer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $660 Million by 2028. The Argentina market is experiencing a CAGR of 9.1% during (2022-2028). Additionally, The UAE market would showcase a CAGR of 8.2% during (2022-2028).
Based on Insulation, the market is segmented into Oil, Gas, Air, Solid and Others. Based on Application, the market is segmented into Industrial, Residential & Commercial and Utilities. Based on Rating, the market is segmented into 100 MVA to 500 MVA, 501 MVA to 800 MVA and 801 MVA to 1,200 MVA. Based on Phase, the market is segmented into Three and Single. Based on Core, the market is segmented into Shell, Closed and Berry. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Toshiba Corporation, ABB Group, General Electric Company, Siemens Energy AG, Alstom SA, Mitsubishi Electric Corporation, Hyosung Heavy Industries Corporation, CG Power & Industrial Solutions Ltd. (Murugappa Group), Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.), and Bharat Heavy Electricals Ltd.
The power transformers have a voltage range that varies between 33kV to 400kV. The essential part of the power transformers is core, primary winding, and secondary winding. The other elements of the power transformers comprise tap changers, insulating materials, transformer tank, bushings, breather, conservator, explosion vent, Buchholz relay, and cooling system. Power transformers could be categorized based on turns ratio, core & winding construction, core material, and phases.
The transformer losses that affects power transformers’ efficiency are hysteresis loss, copper loss, flux loss, and eddy current loss. In the core power transformers, the secondary and primary windings surrounds the core. The core of these transformers is designed by stacking them to form the layer and linking two L-shaped steel strips. The strips are organized so that continuous joints are removed to avoid high reluctance at the joints.
Isolation transformers have a turns ratio that equals 1, indicating that the number of turns in the secondary and primary windings is same. They are utilized to separate the load from the origin of power while providing alternating currents. They protect people, operations, and electronic devices from electrical damage, shock, and noise. They are usually utilized in measurement devices, computers, laboratory and medical equipment, industrial machinery, and other sensitive equipment.
One of the most significant changes the African continent will experience in the twenty-first century is urbanization. Cities in Africa are the youngest and changing the fastest, with the fastest population growth rates worldwide. They are projected to have a significant impact on Africa's economic, social, and political landscape in the ensuing decades. Therefore, urbanization offers a tremendous opportunity to further the 2030 and 2063 development objectives.This would further support the growth of the power transformer market.
The Brazil market dominated the LAMEA Power Transformer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $660 Million by 2028. The Argentina market is experiencing a CAGR of 9.1% during (2022-2028). Additionally, The UAE market would showcase a CAGR of 8.2% during (2022-2028).
Based on Insulation, the market is segmented into Oil, Gas, Air, Solid and Others. Based on Application, the market is segmented into Industrial, Residential & Commercial and Utilities. Based on Rating, the market is segmented into 100 MVA to 500 MVA, 501 MVA to 800 MVA and 801 MVA to 1,200 MVA. Based on Phase, the market is segmented into Three and Single. Based on Core, the market is segmented into Shell, Closed and Berry. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Toshiba Corporation, ABB Group, General Electric Company, Siemens Energy AG, Alstom SA, Mitsubishi Electric Corporation, Hyosung Heavy Industries Corporation, CG Power & Industrial Solutions Ltd. (Murugappa Group), Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.), and Bharat Heavy Electricals Ltd.
Scope of the Study
By Insulation
- Oil
- Gas
- Air
- Solid
- Others
By Application
- Industrial
- Residential & Commercial
- Utilities
By Rating
- 100 MVA to 500 MVA
- 501 MVA to 800 MVA
- 801 MVA to 1,200 MVA
By Phase
- Three
- Single
By Core
- Shell
- Closed
- Berry
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Toshiba Corporation
- ABB Group
- General Electric Company
- Siemens Energy AG
- Alstom SA
- Mitsubishi Electric Corporation
- Hyosung Heavy Industries Corporation
- CG Power & Industrial Solutions Ltd. (Murugappa Group)
- Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.)
- Bharat Heavy Electricals Ltd.
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- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Power Transformer Market, by Insulation
1.4.2 LAMEA Power Transformer Market, by Application
1.4.3 LAMEA Power Transformer Market, by Rating
1.4.4 LAMEA Power Transformer Market, by Phase
1.4.5 LAMEA Power Transformer Market, by Core
1.4.6 LAMEA Power Transformer Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Power Transformer Market by Insulation
3.1 LAMEA Oil Market by Country
3.2 LAMEA Gas Market by Country
3.3 LAMEA Air Market by Country
3.4 LAMEA Solid Market by Country
3.5 LAMEA Others Market by Country
Chapter 4. LAMEA Power Transformer Market by Application
4.1 LAMEA Industrial Market by Country
4.2 LAMEA Residential & Commercial Market by Country
4.3 LAMEA Utilities Market by Country
Chapter 5. LAMEA Power Transformer Market by Rating
5.1 LAMEA 100 MVA to 500 MVA Market by Country
5.2 LAMEA 501 MVA to 800 MVA Market by Country
5.3 LAMEA 801 MVA to 1,200 MVA Market by Country
Chapter 6. LAMEA Power Transformer Market by Phase
6.1 LAMEA Three Market by Country
6.2 LAMEA Single Market by Country
Chapter 7. LAMEA Power Transformer Market by Core
7.1 LAMEA Shell Market by Country
7.2 LAMEA Closed Market by Country
7.3 LAMEA Berry Market by Country
Chapter 8. LAMEA Power Transformer Market by Country
8.1 Brazil Power Transformer Market
8.1.1 Brazil Power Transformer Market by Insulation
8.1.2 Brazil Power Transformer Market by Application
8.1.3 Brazil Power Transformer Market by Rating
8.1.4 Brazil Power Transformer Market by Phase
8.1.5 Brazil Power Transformer Market by Core
8.2 Argentina Power Transformer Market
8.2.1 Argentina Power Transformer Market by Insulation
8.2.2 Argentina Power Transformer Market by Application
8.2.3 Argentina Power Transformer Market by Rating
8.2.4 Argentina Power Transformer Market by Phase
8.2.5 Argentina Power Transformer Market by Core
8.3 UAE Power Transformer Market
8.3.1 UAE Power Transformer Market by Insulation
8.3.2 UAE Power Transformer Market by Application
8.3.3 UAE Power Transformer Market by Rating
8.3.4 UAE Power Transformer Market by Phase
8.3.5 UAE Power Transformer Market by Core
8.4 Saudi Arabia Power Transformer Market
8.4.1 Saudi Arabia Power Transformer Market by Insulation
8.4.2 Saudi Arabia Power Transformer Market by Application
8.4.3 Saudi Arabia Power Transformer Market by Rating
8.4.4 Saudi Arabia Power Transformer Market by Phase
8.4.5 Saudi Arabia Power Transformer Market by Core
8.5 South Africa Power Transformer Market
8.5.1 South Africa Power Transformer Market by Insulation
8.5.2 South Africa Power Transformer Market by Application
8.5.3 South Africa Power Transformer Market by Rating
8.5.4 South Africa Power Transformer Market by Phase
8.5.5 South Africa Power Transformer Market by Core
8.6 Nigeria Power Transformer Market
8.6.1 Nigeria Power Transformer Market by Insulation
8.6.2 Nigeria Power Transformer Market by Application
8.6.3 Nigeria Power Transformer Market by Rating
8.6.4 Nigeria Power Transformer Market by Phase
8.6.5 Nigeria Power Transformer Market by Core
8.7 Rest of LAMEA Power Transformer Market
8.7.1 Rest of LAMEA Power Transformer Market by Insulation
8.7.2 Rest of LAMEA Power Transformer Market by Application
8.7.3 Rest of LAMEA Power Transformer Market by Rating
8.7.4 Rest of LAMEA Power Transformer Market by Phase
8.7.5 Rest of LAMEA Power Transformer Market by Core
Chapter 9. Company Profiles
9.1 Toshiba Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research and Development Expense
9.1.5 SWOT Analysis
9.2 ABB Group
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Acquisitions and Mergers:
9.2.6 SWOT Analysis
9.3 General Electric Company
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Siemens Energy AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.5 Alstom SA
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.6 Mitsubishi Electric Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Acquisitions and Mergers:
9.7 Hyosung Heavy Industries Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Research & Development Expenses
9.8 CG Power & Industrial Solutions Ltd. (Murugappa Group)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.9 Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.10. Bharat Heavy Electricals Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental Analysis
Companies Mentioned
- Toshiba Corporation
- ABB Group
- General Electric Company
- Siemens Energy AG
- Alstom SA
- Mitsubishi Electric Corporation
- Hyosung Heavy Industries Corporation
- CG Power & Industrial Solutions Ltd. (Murugappa Group)
- Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.)
- Bharat Heavy Electricals Ltd.
Methodology
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