Industrial Control Transformer Market by Phase (Single and Three), Power Rating (25–500 VA, 500–1,000 VA, 1,000–1,500 VA, and > 1,500 VA), End-User (Power Generation, Oil & Gas, Chemical, Metal & Mining), and Region - Global Forecast to 2023

  • ID: 4531776
  • Report
  • Region: Global
  • 128 Pages
  • Markets and Markets
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FEATURED COMPANIES

  • ABB
  • Broadman Transformers
  • Eaton
  • Emerson Electric Co.
  • GE
  • Hubbell
  • MORE

“The industrial control transformer market is projected to grow at a CAGR of 5.14% from 2018 to 2023”

The industrial control transformer market is projected to grow from USD 809.2 million in 2018 to USD 1,039.8 million by 2023, at a CAGR of 5.14%, from 2018 to 2023. Increased usage of industrial control transformers across major industries, booming power sector and augmented power generation capacities worldwide, and need to reduce equipment failure caused by frequent voltage spikes are driving the industrial control transformer market across the world. On the contrary, stagnant growth of the oil & gas industry; a slowdown in the mining industry in Asia Pacific, South America, and Africa; dependency of other devices for voltage regulation, and gray market providing low-quality & cheap substitute products could hinder the market growth to certain extent.

“The metals and mining segment is expected to hold the largest share of the industrial control transformer market, by end-user, during the forecast period”

As per the World Steel Organization statistics, the steel output grew from 1,560 million tons in 2012 to 1,630 million tons in 2016. Industrial control transformers in steel manufacturing regulate voltage in various processes such as a furnace for heating the steel and for cooling the rolled steel. In the mining industry, industrial control transformers have a wide application in compressors, motors, mills, drills, and cranes, which are used for machines that require a relatively large amount of force.

“Asia Pacific: Key market for industrial control transformers”

Asia Pacific is the fastest growing industrial control transformer market during the forecast period due to the need for power infrastructure construction, mostly in China and India along with a rising concern for safety in electrical equipment, the need for industrial control transformers has increased considerably to prevent the equipment from any accidents.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1—72%, Tier 2—13%, Tier 3—15%
  • By Designation: C-Level—25%, D-Level—34%, Others—41%
  • By Region: North America—12%, Asia Pacific—54%, Middle East & Africa—24%, RoW—10%

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 = >USD 5 billion, Tier 2 = From USD 1 billion to USD 5 billion, and Tier 3 = <USD 1 billion
Note: Others includes sales managers, marketing managers, product managers, and engineers.

The leading players in the industrial control transformer market are ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider (France), GE (US), Hubbell (US), Emerson (US), and Rockwell (US).

Research Coverage:

The report provides a picture of the industrial control transformer market across the power industry and regions. It aims at estimating the market size and future growth potential of the market across different segments such as phase, power rating, end-user, and region. Furthermore, the report also includes an in-depth competitive analysis of key players in the market along with their company profiles, recent developments, and key market strategies.

For the purpose of this report, the market has been segmented on the basis of phase, power rating, end-user, and region with a focus on industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the industrial control transformer market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and product launches in the industrial control transformer market
  • Market Development: Comprehensive information about lucrative emerging markets; the report analyzes the markets for industrial control transformer across regions
  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global industrial control transformer market

Why buy this report?

  • The report identifies and addresses key markets for the implementation of industrial control transformers in the power industry, which would help manufacturers review the growth in demand.
  • The report helps solution providers understand the pulse of the market and provide insights into drivers, restraints, and challenges.
  • The report will help key players understand the strategies of their competitors better and will help in the decision-making process.
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FEATURED COMPANIES

  • ABB
  • Broadman Transformers
  • Eaton
  • Emerson Electric Co.
  • GE
  • Hubbell
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Regional Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Introduction
2.2 Research Data
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.2.1 Key Data From Primary Sources
2.2.2.2 Key Industry Insights
2.2.2.3 Breakdown of Primary Interviews
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top Down Approach
2.4 Market Breakdown & Data Triangulation
2.5 Research Limitations
2.6 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Industrial Control Transformer Market During the Forecast Period
4.2 Industrial Control Transformer Market, By Country
4.3 Asia Pacific Industrial Control Transformer Market, By End-User & Country
4.4 Industrial Control Transformer Market, By Phase
4.5 Industrial Control Transformer Market, By Power Rating
4.6 Industrial Control Transformer Market, By End-User

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.3 Drivers
5.3.1 Need to Reduce Equipment Failure Caused By Frequent Voltage Spikes
5.3.2 Booming Power Sector and Augmented Power Generation Capacities Worldwide
5.3.3 Increased Usage of Industrial Control Transformers Across Major Industries
5.4 Restraints
5.4.1 Stagnant Growth of the Oil & Gas Industry
5.4.2 Slowdown in the Mining Industry in Asia Pacific, South America, and Africa
5.5 Opportunities
5.5.1 Changing the Face of the Middle East Manufacturing Industry
5.5.2 Aging Power Infrastructure
5.5.3 Growing Robotics Technology
5.6 Challenges
5.6.1 Dependent on Other Devices for Voltage Regulation
5.6.2 Gray Market Providing Low-Quality & Inexpensive Products

6 Industrial Control Transformer Market, By Power Rating
6.1 Introduction
6.2 25–500 VA
6.3 500–1,000 VA
6.4 1,000–1,500 VA
6.5 Above 1,500 VA

7 Industrial Control Transformer Market, By Phase
7.1 Introduction
7.2 Three-Phase
7.3 Single-Phase

8 Industrial Control Transformer Market, By End-User
8.1 Introduction
8.2 Power Generation
8.3 Oil & Gas
8.4 Chemical
8.5 Metal & Mining
8.6 Others

9 Industrial Control Transformer Market, By Region
9.1 Introduction
9.2 Asia Pacific
9.2.1 By Phase
9.2.2 By Power Rating
9.2.3 By End-User
9.2.4 By Country
9.2.4.1 China
9.2.4.2 Australia
9.2.4.3 India
9.2.4.4 Japan
9.2.4.5 South Korea
9.2.4.6 Rest of Asia Pacific
9.3 North America
9.3.1 By Power Rating
9.3.2 By End-User
9.3.3 By Country
9.3.3.1 US
9.3.3.2 Canada
9.3.3.3 Mexico
9.4 Europe
9.4.1 By Phase
9.4.2 By Power Rating
9.4.3 By End-User
9.4.4 By Country
9.4.4.1 Germany
9.4.4.2 UK
9.4.4.3 France
9.4.4.4 Russia
9.4.4.5 Rest of Europe
9.5 Middle East & Africa
9.5.1 By Phase
9.5.2 By Power Rating
9.5.3 By End-User
9.5.4 By Country
9.5.4.1 Saudi Arabia
9.5.4.2 Iran
9.5.4.3 UAE
9.5.4.4 Nigeria
9.5.4.5 South Africa
9.5.4.6 Rest of the Middle East & Africa
9.6 South America
9.6.1 By Phase
9.6.2 By Power Rating
9.6.3 By End-User
9.6.4 By Country
9.6.4.1 Brazil
9.6.4.2 Argentina
9.6.4.3 Rest of South America

10 Competitive Landscape
10.1 Overview
10.2 Ranking of Players
10.3 Competitive Scenario
10.3.1 Expansions & Investments
10.3.2 New Product Launches
10.3.3 Mergers & Acquisitions

11 Company Profiles
11.1 Benchmarking
11.2 ABB
11.3 Eaton
11.4 Siemens
11.5 GE
11.6 Schneider Electric
11.7 Hubbell
11.8 Emerson Electric Co.
11.9 Rockwell Automation
11.10 Electric Hammond Power Solutions (HPS)
11.11 Broadman Transformers
11.12 Dongan Electric Manufacturing Co.
11.13 MCI Transformers

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details

List of Tables:
Table 1 Industrial Control Transformer Market Snapshot
Table 2 Industrial Control Transformer Market Size, By Power Rating, 2016–2023 (USD Million)
Table 3 25–500 VA: Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 4 500–1,000 VA: Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 5 1,000–1,500 VA: Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 6 Above 1,500 VA: Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 7 Industrial Control Transformer Market Size, By Phase, 2016–2023 (USD Million)
Table 8 Three-Phase: Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 9 Single-Phase: Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 10 Industrial Control Transformer Market Size, By End-User, 2016-2023 (USD Million)
Table 11 Power Generation: Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 12 Oil & Gas: Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 13 Chemical: Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 14 Metal & Mining: Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 15 Others: Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 16 Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 17 Top Five Largest Industrial Control Transformer Markets, 2016–2023 (USD Million)
Table 18 Top Five Fastest Growing Industrial Control Transformer Markets, 2016–2023 (USD Million)
Table 19 Asia Pacific: Industrial Control Transformer Market Size, By Phase, 2016–2023 (USD Million)
Table 20 Asia Pacific: Industrial Control Transformer Market Size, By Power Rating, 2016–2023 (USD Million)
Table 21 Asia Pacific: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 22 Asia Pacific: Industrial Control Transformer Market Size, By Country, 2016–2023 (USD Million)
Table 23 China: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 24 Australia: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 25 India: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 26 Japan: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 27 South Korea: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 28 Rest of Asia Pacific: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 29 North America: Industrial Control Transformer Market Size, By Phase, 2016–2023 (USD Million)
Table 30 North America: Industrial Control Transformer Market Size, By Power Rating, 2016–2023 (USD Million)
Table 31 North America: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 32 North America: Industrial Control Transformer Market Size, By Country, 2016–2023 (USD Million)
Table 33 US: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 34 Canada: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 35 Mexico: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 36 Europe: Industrial Control Transformer Market Size, By Phase, 2016–2023 (USD Million)
Table 37 Europe: Industrial Control Transformer Market Size, By Power Rating, 2016–2023 (USD Million)
Table 38 Europe: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 39 Europe: Industrial Control Transformer Market Size, By Country, 2016–2023 (USD Million)
Table 40 Germany: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 41 UK: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 42 France: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 43 Russia: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 44 Rest of Europe: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 45 Middle East & Africa: Industrial Control Transformer Market Size, By Phase, 2016–2023 (USD Million)
Table 46 Middle East & Africa: Industrial Control Transformer Market Size, By Power Rating, 2016–2023 (USD Million)
Table 47 Middle East & Africa: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 48 Middle East & Africa: Industrial Control Transformer Market Size, By Country, 2016–2023 (USD Million)
Table 49 Saudi Arabia: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 50 Iran: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 51 UAE: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 52 Nigeria: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 53 South Africa: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 54 Rest of Middle East & Africa: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 55 South America: Industrial Control Transformer Market Size, By Phase, 2016–2023 (USD Million)
Table 56 South America: Industrial Control Transformer Market Size, By Power Rating, 2016–2023 (USD Million)
Table 57 South America: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 58 South America: Industrial Control Transformer Market Size, By Country, 2016–2023 (USD Million)
Table 59 Brazil: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 60 Argentina: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 61 Rest of South America: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 62 Developments of Key Players in the Market, 2014–March 2018

List of Figures:
Figure 1 Markets Covered: Industrial Control Transformer Market
Figure 2 Industrial Control Transformer Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Three-Phase Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 8 Above 1,500 VA Segment is Expected to Lead the Industrial Control Transformer Market During the Forecast Period
Figure 9 Chemical Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 10 Asia Pacific Was Expected to Dominate the Industrial Control Transformer Market in 2017
Figure 11 Need to Reduce Equipment Failure is Likely to Drive the Industrial Control Transformer Market, From 2018–2023
Figure 12 The Market in China is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 13 Metal & Mining Segment and China Dominated the Industrial Control Transformer Market in Asia Pacific
Figure 14 Three-Phase Segment is Expected to Dominate the Industrial Control Transformer Market During the Forecast Period
Figure 15 Above 1,500 VA Segment Dominated the Industrial Control Transformer Market, By Power Rating, in 2017
Figure 16 Metal & Mining Segment Dominated the Industrial Control Transformer Market, By End-User, in 2017
Figure 17 Industrial Control Transformer Market: Drivers, Restraints, Opportunities, & Challenges
Figure 18 The Fastest Growing Power Generation Countries in Asia Pacific, Middle East, and Africa
Figure 19 The Fastest Growing Oil and Gas Industry in Asia Pacific, Middle East, and Africa
Figure 20 Above 1,500 VA Power Rating Segment Dominated the Industrial Control Transformer Market in 2017
Figure 21 Three-Phase Segment Dominated the Industrial Control Transformer Market in 2017
Figure 22 Metal & Mining is Expected to Lead the Industrial Control Transformer Market During the Forecast Period
Figure 23 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Asia Pacific Led the Industrial Control Transformer Market in 2017
Figure 25 Asia Pacific: Market Snapshot
Figure 26 North America: Market Snapshot
Figure 27 Key Developments in the Industrial Control Transformer Market, 2014– March 2018
Figure 28 Ranking of Key Players & Industry Concentration, 2017
Figure 29 ABB: Company Snapshot
Figure 30 Eaton: Company Snapshot
Figure 31 Siemens: Company Snapshot
Figure 32 GE: Company Snapshot
Figure 33 Schneider Electric: Company Snapshot
Figure 34 Hubbell: Company Snapshot
Figure 35 Emerson Electric Co.: Company Snapshot
Figure 36 Rockwell Automation: Company Snapshot

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  • ABB
  • Eaton
  • Siemens
  • GE
  • Schneider Electric
  • Hubbell
  • Emerson Electric Co.
  • Rockwell Automation
  • Electric Hammond Power Solutions (HPS)
  • Broadman Transformers
  • Dongan Electric Manufacturing Co.
  • MCI Transformers
Note: Product cover images may vary from those shown
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