High Power Transformers Market Global Report 2022 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global high power transformers market as it emerges from the Covid 19 shut down.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider high power transformers market, and compares it with other markets.
2) By Mounting: Pad; Pole; PC/PCB; Others
3) By Application: Industrial; Commercial; Residential
Companies Mentioned: Alstom; Crompton Greaves Limited; Siemens AG; Eaton; General Electric
Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia
Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Time series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies
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- Identify growth segments for investment
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Description:
Where is the largest and fastest growing market for the high power transformers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The High Power Transformers market global report from the publisher answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider high power transformers market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery
- Market segmentations break down market into sub markets
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers
- The high power transformers market section of the report gives context. It compares the high power transformers market with other segments of the high power transformers market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, high power transformers indicators comparison
Scope
Markets Covered:
1) By Phase: Single Phase; Three Phase2) By Mounting: Pad; Pole; PC/PCB; Others
3) By Application: Industrial; Commercial; Residential
Companies Mentioned: Alstom; Crompton Greaves Limited; Siemens AG; Eaton; General Electric
Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia
Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Time series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global High Power Transformers Market
What is the estimated value of the Global High Power Transformers Market?
What is the growth rate of the Global High Power Transformers Market?
What is the forecasted size of the Global High Power Transformers Market?
Who are the key companies in the Global High Power Transformers Market?
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | March 2022 |
Forecast Period | 2022 - 2026 |
Estimated Market Value ( USD | $ 16.51 billion |
Forecasted Market Value ( USD | $ 32.78 billion |
Compound Annual Growth Rate | 18.7% |
Regions Covered | Global |
Table of Contents
1. Executive Summary2. High Power Transformers Market Characteristics26. Key Mergers And Acquisitions In The High Power Transformers Market27. High Power Transformers Market Trends And Strategies28. High Power Transformers Market Future Outlook and Potential Analysis
3. High Power Transformers Market Size And Growth
4. High Power Transformers Market Segmentation
5. High Power Transformers Market Regional And Country Analysis
6. Asia-Pacific High Power Transformers Market
7. China High Power Transformers Market
8. India High Power Transformers Market
9. Japan High Power Transformers Market
10. Australia High Power Transformers Market
11. Indonesia High Power Transformers Market
12. South Korea High Power Transformers Market
13. Western Europe High Power Transformers Market
14. UK High Power Transformers Market
15. Germany High Power Transformers Market
16. France High Power Transformers Market
17. Eastern Europe High Power Transformers Market
18. Russia High Power Transformers Market
19. North America High Power Transformers Market
20. USA High Power Transformers Market
21. South America High Power Transformers Market
22. Brazil High Power Transformers Market
23. Middle East High Power Transformers Market
24. Africa High Power Transformers Market
25. High Power Transformers Market Competitive Landscape And Company Profiles
29. Appendix
Executive Summary
Major players in the high-power transformers market are ABB Ltd., Alstom, Crompton Greaves Limited, Siemens AG, Eaton, General Electric, Schneider Electric, Hyosung Power & Industrial Systems, and Performance Group.The global high power transformers market is expected to grow from $13.62 billion in 2021 to $16.51 billion in 2022 at a compound annual growth rate (CAGR) of 21.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $32.78 billion in 2026 at a CAGR of 18.7%.
The high-power transformers market consists of sales of high-power transformers and related services for electrical insulation, power distribution, control, and instrumentation. High power transformers manufacture power transformers with ratings of 801 MVA to 1200 MVA and convert voltages, usually from higher to lower, from one stage or phase configuration to another.
The main types in the high power transformers market are single phase, three phases. The single-phase segment in the high power transformers market refers to a single-phase that utilizes single-phase alternating current and the transformer relies on a voltage cycle that operates in a unified time phase. The various mounting techniques are pad, pole, PC/PCB, and others. These are used in industrial, commercial, residential applications.
Asia Pacific is the largest region in the high power transformers market in 2021. Western Europe is the second-largest region in the high power transformers market. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The demand for high-power transformers is driven by the initiatives taken by the government to provide electricity to everyone. Governments across the world are taking initiatives to supply electricity to rural and inaccessible areas, thus increasing the demand for rural electrification. For instance, the Government of India has taken several steps to promote the country's electricity production. For example, a policy such as the "One Nation One Grid" has been launched by Finance Minister Nirmala Sithraman in the 2019 Union budget for affordable energy to states. This program aimed to provide free electricity to the poor and others at a very low cost.
Instability in the pricing of raw materials is a major restraint in the high-power transformers market. The instability is due to the volatility in the raw material prices of steel, copper, and crude oil. Additionally, the power transformer prices vary by manufacturer, market conditions, and location of the production facility which also results in conflicts between the manufacturers and the clients. This also has resulted in a geographical shift of some of the key players in the transformers industry by shifting their manufacturing facilities to regions where manufacturing cost is less and has higher demands such as India and China. Therefore, they are restraining the growth of the high-power transformers market globally.
The transformer manufacturing market is moving towards the evolution of independent and self-regulating smart transformers. Smart transformers are programmed to constantly regulate voltage and maintain contact with the stakeholders and provide information and feedback on the power supply. They provide the exact amount of power that is needed and respond to fluctuations through a process known as voltage optimization. They significantly reduce greenhouse gas emissions and power consumption as they supply electrical equipment with the ideal amount of power. For instance, The US Department of Energy (DOE) planned to invest $7.5 million to support the research and development of smart transformers for grid resiliency. Companies should consider investing in technologies to produce smart transformers for commercial establishments.
In June 2019, Hitachi, Ltd., a Japan-based energy solution provider company acquired 80.1% of ABB’s power grids business for $11 billion. The acquisition was aimed to broaden the product portfolio of Hitachi, by combining ABB’s power grids and offering enhanced energy solutions globally. ABB is a Switzerland-based company that specializes in manufacturing power grids products such as power transformers.
The countries covered in the high-power transformers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alstom
- Crompton Greaves Limited
- Siemens AG
- Eaton
- General Electric
- Schneider Electric
- Hyosung Power & Industrial Systems
- Performance Group
- Hyundai Heavy Industries
- TBEA
- Mitsubishi Electric Corporation
- Hammond Power Solutions
- SPX Transformer Solutions
- Jinpan International
- Hitachi
- SGB-SMIT
- Jefferson Electric
- CG Power Systems
- Toshiba
- KOTSONS
- Layer Electronics
- LS Industrial Systems
- Kirloskar Electric
- Mace
- ALTRAFO
- DuPont
- ELANTAS
- Eremu
- Fuji Electric
Methodology
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