Transformers

Transformers Comprehensive Study by Type (Power Transformers, Distribution Transformers, Instrument Transformers, Specialty Transformers), Voltage Level (Low Voltage (LV), Medium Voltage (MV), High Voltage (HV)), Cooling Type (Air Cooled, Oil Cooled), End-User (Commercial, Residential, Industrial) Players and Region - Global Market Outlook to 2028

Transformers Market by XX Submarkets | Forecast Years 2023-2028  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Transformers Market Scope
A transformer is a device that transfers electric energy from one alternating-current circuit to one or more other circuits, either increasing or reducing the voltage. Transformers are employed for widely varying purposes; to reduce the voltage of conventional power circuits to operate low-voltage devices, such as doorbells and toy electric trains, and to raise the voltage from electric generators so that electric power can be transmitted over long distances. The expected growth of the transformer market is likely to be driven by increased government investments and favorable policies supporting renewable energy projects.

AttributesDetails
Study Period2018-2028
Base Year2022
UnitValue (USD Million)
Key Companies ProfiledHitachi Energy Ltd. (Switzerland), GE Grid Solutions (France), Fuji Electric Co., Ltd. (Japan), Colicraft Inc. (United States), Mitsubishi Electric Corporation (Japan), Mouser Electronics, Inc. (United States), Schneider Electric (France), ABB Group (Switzerland), Siemens Energy (Germany) and Nissin Electric Co., Ltd. (Japan)
CAGR%


Manufacturers invest in research and development to create transformers with unique features, improved efficiency, and enhanced performance. Apart from this, major players have adopted various strategies such as product portfolio expansion, mergers and acquisitions, geographic expansion, agreements, and collaborations to increase their market share and strengthen their foothold in the industry.

Hitachi Energy Ltd. (Switzerland), GE Grid Solutions (France), Fuji Electric Co., Ltd. (Japan), Colicraft Inc. (United States), Mitsubishi Electric Corporation (Japan), Mouser Electronics, Inc. (United States), Schneider Electric (France), ABB Group (Switzerland), Siemens Energy (Germany) and Nissin Electric Co., Ltd. (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Galco Industrial Electronics (United States) and Daelim Transformers (China).

About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.

Segmentation Overview
The study have segmented the market of Global Transformers market by Type and Region with country level break-up.

On the basis of geography, the market of Transformers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2022.

Market Leaders and their expansionary development strategies
In June 2021, Mitsubishi Electric and Siemens Energy decided to venture into the collaboration to develop clean and high-voltage power transmission. Both companies have signed a Memorandum of Understanding (MoU) to develop modern high-voltage switching solutions using Siemens Energy’s Blue Portfolio solutions.
In April 2022, Siemens Energy launched an innovative dry-type single-phase transformer CAREPOLE for pole applications. The product designed for the technological requirements of the American grid, the new cast-resin distribution transformer provides a reliable and sustainable alternative to oil-filled transformers.
The International Electrotechnical Commission (IEC) is a global standards organization that develops and publishes international standards for electrical and electronic technologies, including transformers.

Influencing Trend:
Increasing Adoption of Smart Grid Technology And Equipped With Advanced Monitoring And Control Capabilities, Enabling Better Management Of Power Distribution. This Trend Is Likely To Continue As Utilities and Industries Seek To Improve Grid Efficiency and Reliability

Market Growth Drivers:
Growing Demand For Electricity Is One Of The Primary Drivers Of The Transformers Market. The Need for Continuous Flow of Electricity in Large Industries to Carry Out a Continuous Manufacturing Process Is Anticipated To Fuel the Growth of the Global Transformers Market

Challenges:
Fluctuations in the Prices of Raw Materials Can Impact the Manufacturing Cost of Transformers Pose Challenge for the Market

Restraints:
Risk Associated With High DC Voltage Is Expected To Restraint the Growth of the Market

Opportunities:
Growing Electric Vehicle Charging Stations Globally are Projected to Create Opportunities in the Market

Key Target Audience
Transformers Manufacturers, Suppliers and Distributors, New Entrants/Investors, Research and Development Institutes, Market Research & Consulting Firms, End Users and Others

Report Objectives / Segmentation Covered

By Type
  • Power Transformers
  • Distribution Transformers
  • Instrument Transformers
  • Specialty Transformers
By Voltage Level
  • Low Voltage (LV)
  • Medium Voltage (MV)
  • High Voltage (HV)

By Cooling Type
  • Air Cooled
  • Oil Cooled

By End-User
  • Commercial
  • Residential
  • Industrial

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Growing Demand For Electricity Is One Of The Primary Drivers Of The Transformers Market. The Need for Continuous Flow of Electricity in Large Industries to Carry Out a Continuous Manufacturing Process Is Anticipated To Fuel the Growth of the Global Transformers Market
    • 3.3. Market Challenges
      • 3.3.1. Fluctuations in the Prices of Raw Materials Can Impact the Manufacturing Cost of Transformers Pose Challenge for the Market
    • 3.4. Market Trends
      • 3.4.1. Increasing Adoption of Smart Grid Technology And Equipped With Advanced Monitoring And Control Capabilities, Enabling Better Management Of Power Distribution. This Trend Is Likely To Continue As Utilities and Industries Seek To Improve Grid Efficiency and Reliability
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Transformers, by Type, Voltage Level, Cooling Type, End-User and Region (value) (2017-2022)
    • 5.1. Introduction
    • 5.2. Global Transformers (Value)
      • 5.2.1. Global Transformers by: Type (Value)
        • 5.2.1.1. Power Transformers
        • 5.2.1.2. Distribution Transformers
        • 5.2.1.3. Instrument Transformers
        • 5.2.1.4. Specialty Transformers
      • 5.2.2. Global Transformers by: Voltage Level (Value)
        • 5.2.2.1. Low Voltage (LV)
        • 5.2.2.2. Medium Voltage (MV)
        • 5.2.2.3. High Voltage (HV)
      • 5.2.3. Global Transformers by: Cooling Type (Value)
        • 5.2.3.1. Air Cooled
        • 5.2.3.2. Oil Cooled
      • 5.2.4. Global Transformers by: End-User (Value)
        • 5.2.4.1. Commercial
        • 5.2.4.2. Residential
        • 5.2.4.3. Industrial
      • 5.2.5. Global Transformers Region
        • 5.2.5.1. South America
          • 5.2.5.1.1. Brazil
          • 5.2.5.1.2. Argentina
          • 5.2.5.1.3. Rest of South America
        • 5.2.5.2. Asia Pacific
          • 5.2.5.2.1. China
          • 5.2.5.2.2. Japan
          • 5.2.5.2.3. India
          • 5.2.5.2.4. South Korea
          • 5.2.5.2.5. Taiwan
          • 5.2.5.2.6. Australia
          • 5.2.5.2.7. Rest of Asia-Pacific
        • 5.2.5.3. Europe
          • 5.2.5.3.1. Germany
          • 5.2.5.3.2. France
          • 5.2.5.3.3. Italy
          • 5.2.5.3.4. United Kingdom
          • 5.2.5.3.5. Netherlands
          • 5.2.5.3.6. Rest of Europe
        • 5.2.5.4. MEA
          • 5.2.5.4.1. Middle East
          • 5.2.5.4.2. Africa
        • 5.2.5.5. North America
          • 5.2.5.5.1. United States
          • 5.2.5.5.2. Canada
          • 5.2.5.5.3. Mexico
  • 6. Transformers: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2022)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Hitachi Energy Ltd. (Switzerland)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. GE Grid Solutions (France)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. Fuji Electric Co., Ltd. (Japan)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Colicraft Inc. (United States)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. Mitsubishi Electric Corporation (Japan)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Mouser Electronics, Inc. (United States)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Schneider Electric (France)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. ABB Group (Switzerland)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Siemens Energy (Germany)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Nissin Electric Co., Ltd. (Japan)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Transformers Sale, by Type, Voltage Level, Cooling Type, End-User and Region (value) (2023-2028)
    • 7.1. Introduction
    • 7.2. Global Transformers (Value)
      • 7.2.1. Global Transformers by: Type (Value)
        • 7.2.1.1. Power Transformers
        • 7.2.1.2. Distribution Transformers
        • 7.2.1.3. Instrument Transformers
        • 7.2.1.4. Specialty Transformers
      • 7.2.2. Global Transformers by: Voltage Level (Value)
        • 7.2.2.1. Low Voltage (LV)
        • 7.2.2.2. Medium Voltage (MV)
        • 7.2.2.3. High Voltage (HV)
      • 7.2.3. Global Transformers by: Cooling Type (Value)
        • 7.2.3.1. Air Cooled
        • 7.2.3.2. Oil Cooled
      • 7.2.4. Global Transformers by: End-User (Value)
        • 7.2.4.1. Commercial
        • 7.2.4.2. Residential
        • 7.2.4.3. Industrial
      • 7.2.5. Global Transformers Region
        • 7.2.5.1. South America
          • 7.2.5.1.1. Brazil
          • 7.2.5.1.2. Argentina
          • 7.2.5.1.3. Rest of South America
        • 7.2.5.2. Asia Pacific
          • 7.2.5.2.1. China
          • 7.2.5.2.2. Japan
          • 7.2.5.2.3. India
          • 7.2.5.2.4. South Korea
          • 7.2.5.2.5. Taiwan
          • 7.2.5.2.6. Australia
          • 7.2.5.2.7. Rest of Asia-Pacific
        • 7.2.5.3. Europe
          • 7.2.5.3.1. Germany
          • 7.2.5.3.2. France
          • 7.2.5.3.3. Italy
          • 7.2.5.3.4. United Kingdom
          • 7.2.5.3.5. Netherlands
          • 7.2.5.3.6. Rest of Europe
        • 7.2.5.4. MEA
          • 7.2.5.4.1. Middle East
          • 7.2.5.4.2. Africa
        • 7.2.5.5. North America
          • 7.2.5.5.1. United States
          • 7.2.5.5.2. Canada
          • 7.2.5.5.3. Mexico
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Transformers: by Type(USD Million)
  • Table 2. Transformers Power Transformers , by Region USD Million (2017-2022)
  • Table 3. Transformers Distribution Transformers , by Region USD Million (2017-2022)
  • Table 4. Transformers Instrument Transformers , by Region USD Million (2017-2022)
  • Table 5. Transformers Specialty Transformers , by Region USD Million (2017-2022)
  • Table 6. Transformers: by Voltage Level(USD Million)
  • Table 7. Transformers Low Voltage (LV) , by Region USD Million (2017-2022)
  • Table 8. Transformers Medium Voltage (MV) , by Region USD Million (2017-2022)
  • Table 9. Transformers High Voltage (HV) , by Region USD Million (2017-2022)
  • Table 10. Transformers: by Cooling Type(USD Million)
  • Table 11. Transformers Air Cooled , by Region USD Million (2017-2022)
  • Table 12. Transformers Oil Cooled , by Region USD Million (2017-2022)
  • Table 13. Transformers: by End-User(USD Million)
  • Table 14. Transformers Commercial , by Region USD Million (2017-2022)
  • Table 15. Transformers Residential , by Region USD Million (2017-2022)
  • Table 16. Transformers Industrial , by Region USD Million (2017-2022)
  • Table 17. South America Transformers, by Country USD Million (2017-2022)
  • Table 18. South America Transformers, by Type USD Million (2017-2022)
  • Table 19. South America Transformers, by Voltage Level USD Million (2017-2022)
  • Table 20. South America Transformers, by Cooling Type USD Million (2017-2022)
  • Table 21. South America Transformers, by End-User USD Million (2017-2022)
  • Table 22. Brazil Transformers, by Type USD Million (2017-2022)
  • Table 23. Brazil Transformers, by Voltage Level USD Million (2017-2022)
  • Table 24. Brazil Transformers, by Cooling Type USD Million (2017-2022)
  • Table 25. Brazil Transformers, by End-User USD Million (2017-2022)
  • Table 26. Argentina Transformers, by Type USD Million (2017-2022)
  • Table 27. Argentina Transformers, by Voltage Level USD Million (2017-2022)
  • Table 28. Argentina Transformers, by Cooling Type USD Million (2017-2022)
  • Table 29. Argentina Transformers, by End-User USD Million (2017-2022)
  • Table 30. Rest of South America Transformers, by Type USD Million (2017-2022)
  • Table 31. Rest of South America Transformers, by Voltage Level USD Million (2017-2022)
  • Table 32. Rest of South America Transformers, by Cooling Type USD Million (2017-2022)
  • Table 33. Rest of South America Transformers, by End-User USD Million (2017-2022)
  • Table 34. Asia Pacific Transformers, by Country USD Million (2017-2022)
  • Table 35. Asia Pacific Transformers, by Type USD Million (2017-2022)
  • Table 36. Asia Pacific Transformers, by Voltage Level USD Million (2017-2022)
  • Table 37. Asia Pacific Transformers, by Cooling Type USD Million (2017-2022)
  • Table 38. Asia Pacific Transformers, by End-User USD Million (2017-2022)
  • Table 39. China Transformers, by Type USD Million (2017-2022)
  • Table 40. China Transformers, by Voltage Level USD Million (2017-2022)
  • Table 41. China Transformers, by Cooling Type USD Million (2017-2022)
  • Table 42. China Transformers, by End-User USD Million (2017-2022)
  • Table 43. Japan Transformers, by Type USD Million (2017-2022)
  • Table 44. Japan Transformers, by Voltage Level USD Million (2017-2022)
  • Table 45. Japan Transformers, by Cooling Type USD Million (2017-2022)
  • Table 46. Japan Transformers, by End-User USD Million (2017-2022)
  • Table 47. India Transformers, by Type USD Million (2017-2022)
  • Table 48. India Transformers, by Voltage Level USD Million (2017-2022)
  • Table 49. India Transformers, by Cooling Type USD Million (2017-2022)
  • Table 50. India Transformers, by End-User USD Million (2017-2022)
  • Table 51. South Korea Transformers, by Type USD Million (2017-2022)
  • Table 52. South Korea Transformers, by Voltage Level USD Million (2017-2022)
  • Table 53. South Korea Transformers, by Cooling Type USD Million (2017-2022)
  • Table 54. South Korea Transformers, by End-User USD Million (2017-2022)
  • Table 55. Taiwan Transformers, by Type USD Million (2017-2022)
  • Table 56. Taiwan Transformers, by Voltage Level USD Million (2017-2022)
  • Table 57. Taiwan Transformers, by Cooling Type USD Million (2017-2022)
  • Table 58. Taiwan Transformers, by End-User USD Million (2017-2022)
  • Table 59. Australia Transformers, by Type USD Million (2017-2022)
  • Table 60. Australia Transformers, by Voltage Level USD Million (2017-2022)
  • Table 61. Australia Transformers, by Cooling Type USD Million (2017-2022)
  • Table 62. Australia Transformers, by End-User USD Million (2017-2022)
  • Table 63. Rest of Asia-Pacific Transformers, by Type USD Million (2017-2022)
  • Table 64. Rest of Asia-Pacific Transformers, by Voltage Level USD Million (2017-2022)
  • Table 65. Rest of Asia-Pacific Transformers, by Cooling Type USD Million (2017-2022)
  • Table 66. Rest of Asia-Pacific Transformers, by End-User USD Million (2017-2022)
  • Table 67. Europe Transformers, by Country USD Million (2017-2022)
  • Table 68. Europe Transformers, by Type USD Million (2017-2022)
  • Table 69. Europe Transformers, by Voltage Level USD Million (2017-2022)
  • Table 70. Europe Transformers, by Cooling Type USD Million (2017-2022)
  • Table 71. Europe Transformers, by End-User USD Million (2017-2022)
  • Table 72. Germany Transformers, by Type USD Million (2017-2022)
  • Table 73. Germany Transformers, by Voltage Level USD Million (2017-2022)
  • Table 74. Germany Transformers, by Cooling Type USD Million (2017-2022)
  • Table 75. Germany Transformers, by End-User USD Million (2017-2022)
  • Table 76. France Transformers, by Type USD Million (2017-2022)
  • Table 77. France Transformers, by Voltage Level USD Million (2017-2022)
  • Table 78. France Transformers, by Cooling Type USD Million (2017-2022)
  • Table 79. France Transformers, by End-User USD Million (2017-2022)
  • Table 80. Italy Transformers, by Type USD Million (2017-2022)
  • Table 81. Italy Transformers, by Voltage Level USD Million (2017-2022)
  • Table 82. Italy Transformers, by Cooling Type USD Million (2017-2022)
  • Table 83. Italy Transformers, by End-User USD Million (2017-2022)
  • Table 84. United Kingdom Transformers, by Type USD Million (2017-2022)
  • Table 85. United Kingdom Transformers, by Voltage Level USD Million (2017-2022)
  • Table 86. United Kingdom Transformers, by Cooling Type USD Million (2017-2022)
  • Table 87. United Kingdom Transformers, by End-User USD Million (2017-2022)
  • Table 88. Netherlands Transformers, by Type USD Million (2017-2022)
  • Table 89. Netherlands Transformers, by Voltage Level USD Million (2017-2022)
  • Table 90. Netherlands Transformers, by Cooling Type USD Million (2017-2022)
  • Table 91. Netherlands Transformers, by End-User USD Million (2017-2022)
  • Table 92. Rest of Europe Transformers, by Type USD Million (2017-2022)
  • Table 93. Rest of Europe Transformers, by Voltage Level USD Million (2017-2022)
  • Table 94. Rest of Europe Transformers, by Cooling Type USD Million (2017-2022)
  • Table 95. Rest of Europe Transformers, by End-User USD Million (2017-2022)
  • Table 96. MEA Transformers, by Country USD Million (2017-2022)
  • Table 97. MEA Transformers, by Type USD Million (2017-2022)
  • Table 98. MEA Transformers, by Voltage Level USD Million (2017-2022)
  • Table 99. MEA Transformers, by Cooling Type USD Million (2017-2022)
  • Table 100. MEA Transformers, by End-User USD Million (2017-2022)
  • Table 101. Middle East Transformers, by Type USD Million (2017-2022)
  • Table 102. Middle East Transformers, by Voltage Level USD Million (2017-2022)
  • Table 103. Middle East Transformers, by Cooling Type USD Million (2017-2022)
  • Table 104. Middle East Transformers, by End-User USD Million (2017-2022)
  • Table 105. Africa Transformers, by Type USD Million (2017-2022)
  • Table 106. Africa Transformers, by Voltage Level USD Million (2017-2022)
  • Table 107. Africa Transformers, by Cooling Type USD Million (2017-2022)
  • Table 108. Africa Transformers, by End-User USD Million (2017-2022)
  • Table 109. North America Transformers, by Country USD Million (2017-2022)
  • Table 110. North America Transformers, by Type USD Million (2017-2022)
  • Table 111. North America Transformers, by Voltage Level USD Million (2017-2022)
  • Table 112. North America Transformers, by Cooling Type USD Million (2017-2022)
  • Table 113. North America Transformers, by End-User USD Million (2017-2022)
  • Table 114. United States Transformers, by Type USD Million (2017-2022)
  • Table 115. United States Transformers, by Voltage Level USD Million (2017-2022)
  • Table 116. United States Transformers, by Cooling Type USD Million (2017-2022)
  • Table 117. United States Transformers, by End-User USD Million (2017-2022)
  • Table 118. Canada Transformers, by Type USD Million (2017-2022)
  • Table 119. Canada Transformers, by Voltage Level USD Million (2017-2022)
  • Table 120. Canada Transformers, by Cooling Type USD Million (2017-2022)
  • Table 121. Canada Transformers, by End-User USD Million (2017-2022)
  • Table 122. Mexico Transformers, by Type USD Million (2017-2022)
  • Table 123. Mexico Transformers, by Voltage Level USD Million (2017-2022)
  • Table 124. Mexico Transformers, by Cooling Type USD Million (2017-2022)
  • Table 125. Mexico Transformers, by End-User USD Million (2017-2022)
  • Table 126. Company Basic Information, Sales Area and Its Competitors
  • Table 127. Company Basic Information, Sales Area and Its Competitors
  • Table 128. Company Basic Information, Sales Area and Its Competitors
  • Table 129. Company Basic Information, Sales Area and Its Competitors
  • Table 130. Company Basic Information, Sales Area and Its Competitors
  • Table 131. Company Basic Information, Sales Area and Its Competitors
  • Table 132. Company Basic Information, Sales Area and Its Competitors
  • Table 133. Company Basic Information, Sales Area and Its Competitors
  • Table 134. Company Basic Information, Sales Area and Its Competitors
  • Table 135. Company Basic Information, Sales Area and Its Competitors
  • Table 136. Transformers: by Type(USD Million)
  • Table 137. Transformers Power Transformers , by Region USD Million (2023-2028)
  • Table 138. Transformers Distribution Transformers , by Region USD Million (2023-2028)
  • Table 139. Transformers Instrument Transformers , by Region USD Million (2023-2028)
  • Table 140. Transformers Specialty Transformers , by Region USD Million (2023-2028)
  • Table 141. Transformers: by Voltage Level(USD Million)
  • Table 142. Transformers Low Voltage (LV) , by Region USD Million (2023-2028)
  • Table 143. Transformers Medium Voltage (MV) , by Region USD Million (2023-2028)
  • Table 144. Transformers High Voltage (HV) , by Region USD Million (2023-2028)
  • Table 145. Transformers: by Cooling Type(USD Million)
  • Table 146. Transformers Air Cooled , by Region USD Million (2023-2028)
  • Table 147. Transformers Oil Cooled , by Region USD Million (2023-2028)
  • Table 148. Transformers: by End-User(USD Million)
  • Table 149. Transformers Commercial , by Region USD Million (2023-2028)
  • Table 150. Transformers Residential , by Region USD Million (2023-2028)
  • Table 151. Transformers Industrial , by Region USD Million (2023-2028)
  • Table 152. South America Transformers, by Country USD Million (2023-2028)
  • Table 153. South America Transformers, by Type USD Million (2023-2028)
  • Table 154. South America Transformers, by Voltage Level USD Million (2023-2028)
  • Table 155. South America Transformers, by Cooling Type USD Million (2023-2028)
  • Table 156. South America Transformers, by End-User USD Million (2023-2028)
  • Table 157. Brazil Transformers, by Type USD Million (2023-2028)
  • Table 158. Brazil Transformers, by Voltage Level USD Million (2023-2028)
  • Table 159. Brazil Transformers, by Cooling Type USD Million (2023-2028)
  • Table 160. Brazil Transformers, by End-User USD Million (2023-2028)
  • Table 161. Argentina Transformers, by Type USD Million (2023-2028)
  • Table 162. Argentina Transformers, by Voltage Level USD Million (2023-2028)
  • Table 163. Argentina Transformers, by Cooling Type USD Million (2023-2028)
  • Table 164. Argentina Transformers, by End-User USD Million (2023-2028)
  • Table 165. Rest of South America Transformers, by Type USD Million (2023-2028)
  • Table 166. Rest of South America Transformers, by Voltage Level USD Million (2023-2028)
  • Table 167. Rest of South America Transformers, by Cooling Type USD Million (2023-2028)
  • Table 168. Rest of South America Transformers, by End-User USD Million (2023-2028)
  • Table 169. Asia Pacific Transformers, by Country USD Million (2023-2028)
  • Table 170. Asia Pacific Transformers, by Type USD Million (2023-2028)
  • Table 171. Asia Pacific Transformers, by Voltage Level USD Million (2023-2028)
  • Table 172. Asia Pacific Transformers, by Cooling Type USD Million (2023-2028)
  • Table 173. Asia Pacific Transformers, by End-User USD Million (2023-2028)
  • Table 174. China Transformers, by Type USD Million (2023-2028)
  • Table 175. China Transformers, by Voltage Level USD Million (2023-2028)
  • Table 176. China Transformers, by Cooling Type USD Million (2023-2028)
  • Table 177. China Transformers, by End-User USD Million (2023-2028)
  • Table 178. Japan Transformers, by Type USD Million (2023-2028)
  • Table 179. Japan Transformers, by Voltage Level USD Million (2023-2028)
  • Table 180. Japan Transformers, by Cooling Type USD Million (2023-2028)
  • Table 181. Japan Transformers, by End-User USD Million (2023-2028)
  • Table 182. India Transformers, by Type USD Million (2023-2028)
  • Table 183. India Transformers, by Voltage Level USD Million (2023-2028)
  • Table 184. India Transformers, by Cooling Type USD Million (2023-2028)
  • Table 185. India Transformers, by End-User USD Million (2023-2028)
  • Table 186. South Korea Transformers, by Type USD Million (2023-2028)
  • Table 187. South Korea Transformers, by Voltage Level USD Million (2023-2028)
  • Table 188. South Korea Transformers, by Cooling Type USD Million (2023-2028)
  • Table 189. South Korea Transformers, by End-User USD Million (2023-2028)
  • Table 190. Taiwan Transformers, by Type USD Million (2023-2028)
  • Table 191. Taiwan Transformers, by Voltage Level USD Million (2023-2028)
  • Table 192. Taiwan Transformers, by Cooling Type USD Million (2023-2028)
  • Table 193. Taiwan Transformers, by End-User USD Million (2023-2028)
  • Table 194. Australia Transformers, by Type USD Million (2023-2028)
  • Table 195. Australia Transformers, by Voltage Level USD Million (2023-2028)
  • Table 196. Australia Transformers, by Cooling Type USD Million (2023-2028)
  • Table 197. Australia Transformers, by End-User USD Million (2023-2028)
  • Table 198. Rest of Asia-Pacific Transformers, by Type USD Million (2023-2028)
  • Table 199. Rest of Asia-Pacific Transformers, by Voltage Level USD Million (2023-2028)
  • Table 200. Rest of Asia-Pacific Transformers, by Cooling Type USD Million (2023-2028)
  • Table 201. Rest of Asia-Pacific Transformers, by End-User USD Million (2023-2028)
  • Table 202. Europe Transformers, by Country USD Million (2023-2028)
  • Table 203. Europe Transformers, by Type USD Million (2023-2028)
  • Table 204. Europe Transformers, by Voltage Level USD Million (2023-2028)
  • Table 205. Europe Transformers, by Cooling Type USD Million (2023-2028)
  • Table 206. Europe Transformers, by End-User USD Million (2023-2028)
  • Table 207. Germany Transformers, by Type USD Million (2023-2028)
  • Table 208. Germany Transformers, by Voltage Level USD Million (2023-2028)
  • Table 209. Germany Transformers, by Cooling Type USD Million (2023-2028)
  • Table 210. Germany Transformers, by End-User USD Million (2023-2028)
  • Table 211. France Transformers, by Type USD Million (2023-2028)
  • Table 212. France Transformers, by Voltage Level USD Million (2023-2028)
  • Table 213. France Transformers, by Cooling Type USD Million (2023-2028)
  • Table 214. France Transformers, by End-User USD Million (2023-2028)
  • Table 215. Italy Transformers, by Type USD Million (2023-2028)
  • Table 216. Italy Transformers, by Voltage Level USD Million (2023-2028)
  • Table 217. Italy Transformers, by Cooling Type USD Million (2023-2028)
  • Table 218. Italy Transformers, by End-User USD Million (2023-2028)
  • Table 219. United Kingdom Transformers, by Type USD Million (2023-2028)
  • Table 220. United Kingdom Transformers, by Voltage Level USD Million (2023-2028)
  • Table 221. United Kingdom Transformers, by Cooling Type USD Million (2023-2028)
  • Table 222. United Kingdom Transformers, by End-User USD Million (2023-2028)
  • Table 223. Netherlands Transformers, by Type USD Million (2023-2028)
  • Table 224. Netherlands Transformers, by Voltage Level USD Million (2023-2028)
  • Table 225. Netherlands Transformers, by Cooling Type USD Million (2023-2028)
  • Table 226. Netherlands Transformers, by End-User USD Million (2023-2028)
  • Table 227. Rest of Europe Transformers, by Type USD Million (2023-2028)
  • Table 228. Rest of Europe Transformers, by Voltage Level USD Million (2023-2028)
  • Table 229. Rest of Europe Transformers, by Cooling Type USD Million (2023-2028)
  • Table 230. Rest of Europe Transformers, by End-User USD Million (2023-2028)
  • Table 231. MEA Transformers, by Country USD Million (2023-2028)
  • Table 232. MEA Transformers, by Type USD Million (2023-2028)
  • Table 233. MEA Transformers, by Voltage Level USD Million (2023-2028)
  • Table 234. MEA Transformers, by Cooling Type USD Million (2023-2028)
  • Table 235. MEA Transformers, by End-User USD Million (2023-2028)
  • Table 236. Middle East Transformers, by Type USD Million (2023-2028)
  • Table 237. Middle East Transformers, by Voltage Level USD Million (2023-2028)
  • Table 238. Middle East Transformers, by Cooling Type USD Million (2023-2028)
  • Table 239. Middle East Transformers, by End-User USD Million (2023-2028)
  • Table 240. Africa Transformers, by Type USD Million (2023-2028)
  • Table 241. Africa Transformers, by Voltage Level USD Million (2023-2028)
  • Table 242. Africa Transformers, by Cooling Type USD Million (2023-2028)
  • Table 243. Africa Transformers, by End-User USD Million (2023-2028)
  • Table 244. North America Transformers, by Country USD Million (2023-2028)
  • Table 245. North America Transformers, by Type USD Million (2023-2028)
  • Table 246. North America Transformers, by Voltage Level USD Million (2023-2028)
  • Table 247. North America Transformers, by Cooling Type USD Million (2023-2028)
  • Table 248. North America Transformers, by End-User USD Million (2023-2028)
  • Table 249. United States Transformers, by Type USD Million (2023-2028)
  • Table 250. United States Transformers, by Voltage Level USD Million (2023-2028)
  • Table 251. United States Transformers, by Cooling Type USD Million (2023-2028)
  • Table 252. United States Transformers, by End-User USD Million (2023-2028)
  • Table 253. Canada Transformers, by Type USD Million (2023-2028)
  • Table 254. Canada Transformers, by Voltage Level USD Million (2023-2028)
  • Table 255. Canada Transformers, by Cooling Type USD Million (2023-2028)
  • Table 256. Canada Transformers, by End-User USD Million (2023-2028)
  • Table 257. Mexico Transformers, by Type USD Million (2023-2028)
  • Table 258. Mexico Transformers, by Voltage Level USD Million (2023-2028)
  • Table 259. Mexico Transformers, by Cooling Type USD Million (2023-2028)
  • Table 260. Mexico Transformers, by End-User USD Million (2023-2028)
  • Table 261. Research Programs/Design for This Report
  • Table 262. Key Data Information from Secondary Sources
  • Table 263. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Transformers: by Type USD Million (2017-2022)
  • Figure 5. Global Transformers: by Voltage Level USD Million (2017-2022)
  • Figure 6. Global Transformers: by Cooling Type USD Million (2017-2022)
  • Figure 7. Global Transformers: by End-User USD Million (2017-2022)
  • Figure 8. South America Transformers Share (%), by Country
  • Figure 9. Asia Pacific Transformers Share (%), by Country
  • Figure 10. Europe Transformers Share (%), by Country
  • Figure 11. MEA Transformers Share (%), by Country
  • Figure 12. North America Transformers Share (%), by Country
  • Figure 13. Global Transformers share by Players 2022 (%)
  • Figure 14. Global Transformers share by Players (Top 3) 2022(%)
  • Figure 15. Global Transformers share by Players (Top 5) 2022(%)
  • Figure 16. BCG Matrix for key Companies
  • Figure 17. Hitachi Energy Ltd. (Switzerland) Revenue, Net Income and Gross profit
  • Figure 18. Hitachi Energy Ltd. (Switzerland) Revenue: by Geography 2022
  • Figure 19. GE Grid Solutions (France) Revenue, Net Income and Gross profit
  • Figure 20. GE Grid Solutions (France) Revenue: by Geography 2022
  • Figure 21. Fuji Electric Co., Ltd. (Japan) Revenue, Net Income and Gross profit
  • Figure 22. Fuji Electric Co., Ltd. (Japan) Revenue: by Geography 2022
  • Figure 23. Colicraft Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 24. Colicraft Inc. (United States) Revenue: by Geography 2022
  • Figure 25. Mitsubishi Electric Corporation (Japan) Revenue, Net Income and Gross profit
  • Figure 26. Mitsubishi Electric Corporation (Japan) Revenue: by Geography 2022
  • Figure 27. Mouser Electronics, Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 28. Mouser Electronics, Inc. (United States) Revenue: by Geography 2022
  • Figure 29. Schneider Electric (France) Revenue, Net Income and Gross profit
  • Figure 30. Schneider Electric (France) Revenue: by Geography 2022
  • Figure 31. ABB Group (Switzerland) Revenue, Net Income and Gross profit
  • Figure 32. ABB Group (Switzerland) Revenue: by Geography 2022
  • Figure 33. Siemens Energy (Germany) Revenue, Net Income and Gross profit
  • Figure 34. Siemens Energy (Germany) Revenue: by Geography 2022
  • Figure 35. Nissin Electric Co., Ltd. (Japan) Revenue, Net Income and Gross profit
  • Figure 36. Nissin Electric Co., Ltd. (Japan) Revenue: by Geography 2022
  • Figure 37. Global Transformers: by Type USD Million (2023-2028)
  • Figure 38. Global Transformers: by Voltage Level USD Million (2023-2028)
  • Figure 39. Global Transformers: by Cooling Type USD Million (2023-2028)
  • Figure 40. Global Transformers: by End-User USD Million (2023-2028)
  • Figure 41. South America Transformers Share (%), by Country
  • Figure 42. Asia Pacific Transformers Share (%), by Country
  • Figure 43. Europe Transformers Share (%), by Country
  • Figure 44. MEA Transformers Share (%), by Country
  • Figure 45. North America Transformers Share (%), by Country
List of companies from research coverage that are profiled in the study
  • Hitachi Energy Ltd. (Switzerland)
  • GE Grid Solutions (France)
  • Fuji Electric Co., Ltd. (Japan)
  • Colicraft Inc. (United States)
  • Mitsubishi Electric Corporation (Japan)
  • Mouser Electronics, Inc. (United States)
  • Schneider Electric (France)
  • ABB Group (Switzerland)
  • Siemens Energy (Germany)
  • Nissin Electric Co., Ltd. (Japan)
Additional players considered in the study are as follows:
Galco Industrial Electronics (United States) , Daelim Transformers (China)
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Oct 2023 231 Pages 81 Tables Base Year: 2022 Coverage: 15+ Companies; 18 Countries

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Frequently Asked Questions (FAQ):

The key segments that are playing vital role in Transformers Market are by type [Power Transformers, Distribution Transformers, Instrument Transformers and Specialty Transformers], by end use application [].
The Transformers Market is gaining popularity and expected to see strong valuation by 2028.
  • Growing Demand For Electricity Is One Of The Primary Drivers Of The Transformers Market. The Need for Continuous Flow of Electricity in Large Industries to Carry Out a Continuous Manufacturing Process Is Anticipated To Fuel the Growth of the Global Transformers Market

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