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Power Transformers Market, 2019 - Global Market Size, Competitive Landscape, and Key Country Analysis to 2023

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  • 154 Pages
  • December 2019
  • Region: Global
  • GlobalData
  • ID: 4898129
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Power Transformers Market, 2019 - Global Market Size, Competitive Landscape, and Key Country Analysis to 2023

Summary

The global power transformers market is estimated to reach $12.84bn in 2023, growing at a compound annual growth rate (CAGR) of 1.4%. Globally, the power sector is undergoing changes, owing to various economic and environmental factors. Concerns about global warming, increasing consumer base, rapid urbanization, growing income, and operational efficiency are some of the factors aiding market reforms in the sector. In well established markets, grid assets are nearing the end of their life or well past their service life, raising questions about efficiency in their performance.

Moreover, the increasing adoption of smart technologies such as batteries and electric vehicles (EVs) would require sophisticated power transformers, as part of the effort to strengthen the grid. On the other hand, lack of or saturated grid capacities, growing per capita consumption, evolving power generation mix, and push for 100% electrification are adding to the demand for power transformers in developing economies, with new generation and transmission capacities added to meet the growing demand for power.

The supply of cheap and reliable power is critical to economic progress and development. Emerging economies in Asia-Pacific, Africa, and the Middle East are transforming their power sectors, which is resulting in significant increase in demand for power transformers. Globally, investments will likely continue to be made in the transmission and distribution sector to develop a highly resilient and reliable grid that would facilitate dynamic generation and consumption, while operating safely.

Asia-Pacific power transformers market is estimated to reach $5.83bn in 2023. Despite a slowdown in its market, China is expected to lead not only the regional market but also the global market. Americas and EMEA (Europe, Middle East, and Africa) markets.

Replacements and grid resilience initiatives are resulting in market growth in the US, the UK, Germany, and a few other developed countries. Extensive power generation capacity addition, grid expansion, and economic progress similar to the trend observed in developing countries of Asia-Pacific, are influencing the markets of Russia, Saudi Arabia, and Brazil. With the demand for power set to increase in the Middle East and Africa, the EMEA is estimated to be the fastest growing region, with the market growing at a CAGR of 3.3%, over the forecast period (2019-2023).

The latest power equipment market research report “Power Transformers Market, 2019 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2023“ offers in-depth analysis of the power transformers market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Brazil, India, China, Japan, Vietnam, Germany, the UK, Russia, and Saudi Arabia) levels.

The report analyzes the market value ($m) and market capacity (MVA) for the years of 2014-2023; split between the historical period (2014-2018) and forecast period (2019-2023) across all levels. The report covers the global and regional drivers and restraints influencing the market. An overview of the existing manufacturers and their market share at the global and country levels are presented. In addition, at the country level, transmission network line lengths (ckm) and substations (units), key policies and regulations, and upcoming substations projects are also presented. Profiles of major global manufacturers are also outlined in the report.

Scope

The report analyses the power transformers market. Its scope includes -
  • Analysis of the market growth at global and regional levels of Asia-Pacific, Americas, Europe, and Middle East and Africa.
  • The report provides market analysis for the key countries of the US, Brazil, India, China, Japan, Vietnam, Germany, the UK, Russia, and Saudi Arabia.
  • The report offers market size analysis (value and capacity) for the historical period (2014-2018) and forecast period (2019-2023).
  • It provides the competitive landscape at global and country level for the year 2018.
  • Key market drivers and restraints, and analysis of their impacts on the power transformers market at global and regional levels, upcoming substations and policies as well as regulations at country level, and profiles of major equipment manufacturers are also discussed.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
  • Facilitate decision-making by analyzing market data on power transformers
  • Develop strategies based on developments in the market
  • Identify key business-development avenues, based on an understanding of market trends
  • Respond to your competitors’ business structure, strategies and prospects

Table of Contents

1 Executive Summary
1.1 Global Power Transformers Market to Grow Steadily to Reach $12.84bn in
1.2 China, the US, and India are Estimated to be the Top markets over the Forecast Period
2 Introduction
2.1 Power Transformers
2.1.1 Classification of Power Transformers
2.2 Report Guidance
3 Power Transformers, Global
3.1 Power Transformers, Global, Market Overview
3.2 Power Transformers, Global, Value-Chain Analysis
3.3 Power Transformers, Global, Market Drivers and Restraints Analysis
3.3.1 Power Transformers, Global, Drivers and Impact Analysis
3.3.2 Power Transformers, Global, Restraints and Impact Analysis
3.4 Power Transformers, Global, Market Size Analysis, 2014-
3.4.1 Power Transformers, Global, Market Capacity (MVA), 2014-
3.4.2 Power Transformers, Global, Market Value ($bn), 2014-
3.5 Power Transformers, Global, Competitive Landscape,
4 Power Transformers, Americas
4.1 Power Transformers, Americas, Market Overview
4.2 Power Transformers, Americas, Market Drivers and Restraints Analysis
4.2.1 Power Transformers, Americas, Drivers and Impact Analysis
4.2.2 Power Transformers, Americas, Restraints and Impact Analysis
4.3 Power Transformers, Americas, Market Size Analysis, 2014-
4.3.1 Power Transformers, Americas, Market Capacity (GVA), 2014-
4.3.2 Power Transformers, Americas, Market Value ($bn), 2014-
5 Power Transformers, US
5.1 Power Transformers, US, Market Overview
5.2 Power Transformers, US, Key Policies and Initiatives
5.2.1 Strategic Reserve Program for Large Power Transformers
5.2.2 Anti-dumping Duties
5.2.3 US Department of Energy-Loan Guarantee Program
5.3 Power Transformers, US, Market Size Analysis, 2014-
5.3.1 Power Transformers, US, Market Capacity (MVA), 2014-
5.3.2 Power Transformers, US, Market Value ($m), 2014-
5.4 Power Transformers, US, Competitive Landscape,
5.5 Power Transformers, US, Key Upcoming Substation Projects
6 Power Transformers, Brazil7 Power Transformers, Asia-Pacific8 Power Transformers, China9 Power Transformers, India10 Power Transformers, Japan11 Power Transformers, Vietnam12 Power Transformers, Europe, Middle East, Africa (EMEA)13 Power Transformers, UK14 Power Transformers, Germany15 Power Transformers, Russia16 Power Transformers, Saudi Arabia17 Power Transformers, Key Company Profiles18 Appendix
List of Tables
Table 1: Power Transformers, Global, Market Snapshot
Table 2: Power Transformers, Global, Drivers and Restraints
Table 3: Power Transformers, Global, Market Capacity(GVA), 2014-
Table 4: Power Transformers, Global, Market Value ($bn),2014-
Table 5: Power Transformers, Global, Market Share (%),
Table 6: Power Transformers, Americas, Market Drivers and Restraints Overview
Table 7: Power Transformers, Americas, Market capacity (GVA), 2014-
Table 8: Power Transformers, Americas, Market Value ($bn), 2014-
Table 9: Power Transformers, US, Market Snapshot
Table 10: Power Transformers, US, Transmission System Overview, 2014-
Table 11: Power Transformers, US, Market Capacity by Voltage (MVA), 2014-
Table 12: Power Transformers, US, Market Value by Voltage ($m), 2014-
Table 13: Power Transformers, US, Market Share (%),
Table 14: Power Transformers, US, Key Upcoming Substation Projects
Table 15: Power Transformers, Brazil, Market Snapshot
Table 16: Power Transformers, Brazil, Transmission System Overview, 2014-
Table 17: Power Transformers, Brazil, Transmission Line Investment Share, 2018-
Table 18: Power Transformers, Brazil, Transmission Substation Investment Share, 2018-
Table 19: Power Transformers, Brazil, Market Capacity by Voltage (MVA), 2014-
Table 20: Power Transformers, Brazil, Market Value by Voltage ($m), 2014-
Table 21: Power Transformers, Brazil, Market Share (%),
Table 22: Power Transformers, Brazil, Key Upcoming Substation Projects
Table 23: Power Transformers, Asia-Pacific, Drivers and Restraints Overview
Table 24: Power Transformers, Asia-Pacific, Market Capacity (GVA), 2014-
Table 25: Power Transformers, Asia-Pacific, Market Value ($bn), 2014-
Table 26: Power Transformers, China, Market Snapshot
Table 27: Power Transformers, China, Transmission System Overview, 2014-
Table 28: Power Transformers, China, Market Capacity by Voltage (MVA), 2014-
Table 29: Power Transformers, China, Market Value by Voltage ($m), 2014-
Table 30: Power Transformers, China, Market Share (%),
Table 31: Power Transformers, China, Key Upcoming Substation Projects
Table 32: Power Transformers, India, Market Snapshot
Table 33: Power Transformers, India, Transmission System Overview, 2014-
Table 34: Power Transformers, 13th Five-Year Plan, Added Substation Capacity
Table 35: Power Transformers, India, Market capacity (MVA), by Voltage, 2014-
Table 36: Power Transformers, India, Market Value by Voltage ($m), 2014-
Table 37: Power Transformers, India, Market Share (%),
Table 38: Power Transformers, India, Key Upcoming Substation Projects
Table 39: Power Transformers, Japan, Market Snapshot
Table 40: Power Transformers, Japan, Transmission System Overview, 2014-
Table 41: Power Transformers, Japan, Market Capacity by Voltage (MVA), 2014-
Table 42: Power Transformers, Japan, Market Value by Voltage ($m), 2014-
Table 43: Power Transformers, Japan, Market Share (%),
Table 44: Power Transformers, Japan, Upcoming Substation Projects
Table 45: Power Transformers, Vietnam, Market Snapshot
Table 46: Power Transformers, Japan, Transmission System Overview, 2014-
Table 47: Power Transformers, Vietnam, Market Capacity by Voltage (MVA), 2014-
Table 48: Power Transformers, Vietnam, Market Value by Voltage ($m), 2014-
Table 49: Power Transformers, Vietnam, Market Share (%),
Table 50: Power Transformers, Vietnam, Upcoming Substation Projects
Table 51: Power Transformers, EMEA, Drivers and Restraints Overview
Table 52: Power Transformers, EMEA, Market Capacity (GVA), 2014-
Table 53: Power Transformers, EMEA, Market Value ($bn), 2014-
Table 54: Power Transformers, UK, Market Snapshot
Table 55: Power Transformers, UK, Transmission System Overview, 2014-
Table 56: Power Transformers, UK, EU Eco Design Minimum Peak Efficiency Index Requirements for Liquid Immersed Large Power Transformers
Table 57: Power Transformers, UK, Market Capacity by Voltage (MVA), 2014-
Table 58: Power Transformers, UK, Market Value ($m), by Voltage, 2014-
Table 59: Power Transformers, UK, Market Share (%),
Table 60: Power Transformers, UK, Key Upcoming Substation Projects
List of Figures
Figure 1: Power Transformers, Regions, Market Size ($bn), 2018,
Figure 2: Power Transformers, Top Countries, Market Value ($m), 2018,
Figure 3: Power Transformers, Global, Value-Chain Analysis
Figure 4: Power Transformers, Global, Market Capacity(GVA),2014-
Figure 5: Power Transformers, Global, Market Value ($bn), 2014-
Figure 6: Power Transformers, Global, Market Share (%),
Figure 7: Power Transformers, Americas, Market Capacity (GVA), 2014-
Figure 8: Power Transformers, Americas, Market Value ($bn), 2014-
Figure 9: Power Transformers, US, Transmission System Overview, 2014-
Figure 10: Power Transformers, US, Market Capacity by Voltage (MVA), 2014-
Figure 11: Power Transformers, US, Market Value by Voltage ($m), 2014-
Figure 12: Power Transformers, US, Market Share (%),
Figure 13: Power Transformers, Brazil, Transmission System Overview, 2014-
Figure 14: Power Transformers, Brazil, Market Capacity by Voltage (MVA), 2014-
Figure 15: Power Transformers, Brazil, Market Value by Voltage ($m), 2014-
Figure 16: Power Transformers, Brazil, Market Share (%),
Figure 17: Power Transformers, Asia-Pacific, Market Capacity (GVA), 2014-
Figure 18: Power Transformers, Asia-Pacific, Market Value ($bn), 2014-
Figure 19: Power Transformers, China, Transmission System Overview, 2014-
Figure 20: Power Transformers, China, Market capacity by Voltage (MVA), 2014-
Figure 21: Power Transformers, China, Market Value by Voltage ($m), 2014-
Figure 22: Power Transformers, China, Market Share (%),
Figure 23: Power Transformers, India, Transmission System Overview, 2014-
Figure 24: Power Transformers, India, Market Capacity (MVA), by Voltage, 2014-
Figure 25: Power Transformers, India, Market Value by Voltage ($m), 2014-
Figure 26: Power Transformers, India, Market Share (%),
Figure 27: Power Transformers, Japan, Transmission System Overview, 2014-
Figure 28: Power Transformers, Japan, Market Capacity by Voltage (MVA), 2014-
Figure 29: Power Transformers, Japan, Market Value by Voltage ($m), 2014-
Figure 30: Power Transformers, Japan, Market Share (%),
Figure 31: Power Transformers, Vietnam, Transmission System Overview, 2014-
Figure 32: Power Transformers, Vietnam, Market Capacity by Voltage (MVA), 2014-
Figure 33: Power Transformers, Vietnam, Market Value by Voltage ($m), 2014-
Figure 34: Power Transformers, Vietnam, Market Share (%),
Figure 35: Power Transformers, EMEA, Market Capacity (GVA), 2014-
Figure 36: Power Transformers, EMEA, Market Value ($bn), 2014-
Figure 37: Power Transformers, UK, Transmission System Overview, 2014-
Figure 38: Power Transformers, UK, Market Capacity by Voltage (MVA), 2014-
Figure 39: Power Transformers, UK, Market Value by Voltage ($m), 2014-
Figure 40: Power Transformers, UK, Market Share (%),
Figure 41: Power Transformers, Germany, Transmission System Overview, 2014-
Figure 42: Power Transformers, Germany, Market Capacity by Voltage (MVA), 2014-
Figure 43: Power Transformers, Germany, Market Value by Voltage ($m), 2014-
Figure 44: Power Transformers, Germany, Market Share (%),
Figure 45: Power Transformers, Russia, Transmission System Overview, 2014-
Figure 46: Power Transformers, Russia, Market Capacity by Voltage (MVA), 2014-
Figure 47: Power Transformers, Russia, Market Value by Voltage ($m), 2014-
Figure 48: Power Transformers, Russia, Market Share (%),
Figure 49: Power Transformers, Saudi Arabia, Transmission System Overview, 2014-
Figure 50: Power Transformers, Saudi Arabia, Market capacity (MVA) by Voltages, 2014-
Figure 51: Power Transformers, Saudi Arabia, Market Value ($m) by Voltages, 2014-
Figure 52: Power Transformers, Saudi Arabia, Market Share (%),

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • TBEA Co. Ltd.
  • Hitachi Ltd.
  • TWBB
  • Siemens AG
  • Xi’an XD Transformer Co. Ltd.
  • General Electric
  • Hyundai Heavy Industries Co. Ltd.
  • Toshiba Corporation
  • Crompton Greaves Limited
  • JSHP Transformers
  • Hyosung Corporation
  • Bharat Heavy Electricals Limited
  • Mitsubishi Electric Corporation
  • SGB-SMIT Management GmbH.
  • Delta Transformers Inc.
  • Weg Electric Equipment S.A.
  • Fuji Electric Co. Ltd.
  • Togliatti Transformer (TTZ)
  • SVEL
  • Dong Anh
  • Best
  • Iljin Electric
  • LSIS Co. Ltd.
  • Wilson
  • ALMACO
  • GETRA

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