Global Power Transformer Market was valued US$ 15.80 Bn in 2017 and is expected to reach US$ 50.30 Bn by 2026, at a CAGR of 15.31 % during a forecast period
Global power transformer market is segmented by cooling type, power rating and geography. By cooling type, the power transformer market is classified into oil-cooled and power-cooled. By power ratings, the power transformer market caters to small power, medium power, and large power. Based on region, the power transformer market is spread by Europe, North America, Asia Pacific, Latin America, and Middle East and Africa
Increasing demand for energy around the global attached with rapid growth in electrical infrastructure projects can propel the Global power transformer market. Stringent energy efficiency acquiescence, growing rate of installation of green transformers, and developments in smart transformer technologies can additional boost the market growth. Increasing use of smart grid system has also enlarged the requirement for power transformers to achieve operative transmission of electric power. However, initial high installation cost can hamper the Global power transformer market growth to an extent.
Global Power Transformer Market
Oil-cooled transformer segment is leading owing to the winding and core are absorbed in mineral oil. It is a good electrical insulator to block the current flow through the oil for efficient warmth removal from the windings and core. Oil-cooled transformers deliver better conductivity than the air-cooled transformers and also hold high constant of conductivity, which resulting in natural circulation of oil.
The large power transformer segment is increasing at a high rate owing to rise in high-voltage direct current transmission projects in many expanses across the world. Extra high voltage and similar projects are being commenced to reduce transmission losses between large distances. Furthermore, Small power leading the market transformers as it embraces more than three windings, single phase, auto-transformer and low noise generating.
Asia Pacific is projected to emerge as the fast grow in the Global power transformer market. Speedy industrialization, urbanization, and growing rural electrification are some of the major regional drivers in the power transformer market. Great investments from governments in electrical infrastructure projects will project the demand for power transformers in the region.
Some of the key players in the Global power transformer market includes Kirloskar Electric Company, EMCO, Bharat Bijlee, Alstrom SA, China XD Electric, TBA Corp Ltd Voltamp Transformers, Global Transformer & Switchgears Fzco, JSHP Transformers (China), Emirates Transformer, and Transformers & Rectifiers(India) Ltd. ABB Ltd., Siemens AG, General Electric Company, Crompton Greaves Limited, Toshiba Corporation, Hyundai Heavy Industries Co., Ltd., Mitsubishi Electric Corporation, Hyosung Group, Bharat Heavy Electricals Limited, SPX Transformer Solutions, Inc.
Scope of the Global Power Transformer Market
Global Power Transformer Market, By Cooling Type
• Oil-cooled Transformer
• Power-cooled Transformer
Global Power Transformer Market, By Power Rating
• Small Power
• Medium Power
• Large Power
Global Power Transformer Market, By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players in Global Power Transformer Market
• ABB
• GE
• Toshiba
• Schneider
• TBEA
• Siemens AG
• General Electric Company
• Crompton Greaves Limited
• Toshiba Corporation
• Hyundai Heavy Industries Co., Ltd.
• Mitsubishi Electric Corporation
• Hyosung Group
• Bharat Heavy Electricals Limited
• SPX Transformer Solutions, Inc.
• Kirloskar Electric Company
• EMCO
• Bharat Bijlee
• Alstrom SA
• China XD Electric
• TBA Corp Ltd
• Voltamp Transformers
• Global Transformer & Switchgears Fzco
• JSHP Transformers
• Emirates Transformer
• Transformers & Rectifiers(India) Ltd
Global Power Transformer Market
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
1.4. Key Questions Answered
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology
3. Executive Summary
3.1. Global Power Transformer Market Size, by Market Value (US$ Mn) and Market, by Region
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.3.4. Porter’s Analysis
4.3.5. Value Chain Analysis
4.3.6. SWOT Analysis
4.3.7. Key Trend in Global Power Transformer Market
5. Global Power Transformer Market Analysis and Forecast
5.1. Global Power Transformer Market Analysis and Forecast
5.2. Global Power Transformer Market Size& Y-o-Y Growth Analysis
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East & Africa
5.2.5. Latin America
6. Global Power Transformer Market Analysis and Forecast, by Cooling Type
6.1. Introduction and Definition
6.2. Key Findings
6.3. Global Power Transformer Market Value Share Analysis, by Cooling Type
6.4. Market Size (US$ Mn) Forecast, by Cooling Type
6.5. Global Power Transformer Market Analysis, by Cooling Type
6.6. Power Transformer Market Attractiveness Analysis, by Cooling Type
7. Global Power Transformer Market Analysis and Forecast, by Power Rating
7.1. Introduction and Definition
7.2. Global Power Transformer Market Value Share Analysis, by Power Rating
7.3. Market Size (US$ Mn) Forecast, by Power Rating
7.4. Global Power Transformer Market Analysis, by Power Rating
7.5. Global Power Transformer Market Attractiveness Analysis, by Power Rating
8. Global Power Transformer Market Analysis, by Region
8.1. Global Power Transformer Market Value Share Analysis, by Region
8.2. Market Size (US$ Mn) Forecast, by Region
8.3. Global Power Transformer Market Attractiveness Analysis, by Region
9. North America Power Transformer Market Analysis
9.1. Key Findings
9.2. North America Power Transformer Market Overview
9.3. North America Power Transformer Market Value Share Analysis, by Cooling Type
9.4. North America Power Transformer Market Forecast, by Cooling Type
9.4.1. Oil-cooled Transformer
9.4.2. Power-cooled Transformer
9.5. North America Power Transformer Market Value Share Analysis, by Power Rating
9.6. North America Power Transformer Market Forecast, by Power Rating
9.6.1. Small Power
9.6.2. Medium Power
9.6.3. Large Power
9.6.4. Insurance
9.6.5. Manufacturing
9.6.6. Others
9.7. North America Power Transformer Market Value Share Analysis, by Country
9.8. North America Power Transformer Market Forecast, by Country
9.8.1.1. U.S., 2018–2026
9.8.1.2. Canada, 2018–2026
9.9. North America Power Transformer Market Analysis, by Country
9.10. U.S. Power Transformer Market Forecast, by Cooling Type
9.10.1. Oil-cooled Transformer
9.10.2. Power-cooled Transformer
9.11. U.S. Power Transformer Market Forecast, by Power Rating
9.11.1. Small Power
9.11.2. Medium Power
9.11.3. Large Power
9.11.4. Insurance
9.11.5. Manufacturing
9.11.6. Others
9.12. Canada Power Transformer Market Forecast, by Cooling Type
9.12.1. Oil-cooled Transformer
9.12.2. Power-cooled Transformer
9.13. Canada Power Transformer Market Forecast, by Power Rating
9.13.1. Small Power
9.13.2. Medium Power
9.13.3. Large Power
9.14. North America Power Transformer Market Attractiveness Analysis
9.14.1. By Cooling Type
9.14.2. By Power Rating
9.15. PEST Analysis
10. Europe Power Transformer Market Analysis
10.1. Key Findings
10.2. Europe Power Transformer Market Overview
10.3. Europe Power Transformer Market Value Share Analysis, by Cooling Type
10.4. Europe Power Transformer Market Forecast, by Cooling Type
10.4.1. Oil-cooled Transformer
10.4.2. Power-cooled Transformer
10.5. Europe Power Transformer Market Value Share Analysis, by Power Rating
10.6. Europe Power Transformer Market Forecast, by Power Rating
10.6.1. Small Power
10.6.2. Medium Power
10.6.3. Large Power
10.7. Europe Power Transformer Market Value Share Analysis, by Country
10.8. Europe Power Transformer Market Forecast, by Country
10.8.1.1. Germany
10.8.1.2. U.K.
10.8.1.3. France
10.8.1.4. Italy
10.8.1.5. Spain
10.8.1.6. Rest of Europe
10.9. Europe Power Transformer Market Analysis, by Country/ Sub-region
10.10. Germany Power Transformer Market Forecast, by Cooling Type
10.10.1. Oil-cooled Transformer
10.10.2. Power-cooled Transformer
10.11. Germany Power Transformer Market Forecast, by Power Rating
10.11.1. Small Power
10.11.2. Medium Power
10.11.3. Large Power
10.12. U.K. Power Transformer Market Forecast, by Cooling Type
10.12.1. Oil-cooled Transformer
10.12.2. Power-cooled Transformer
10.13. U.K. Power Transformer Market Forecast, by Power Rating
10.13.1. Small Power
10.13.2. Medium Power
10.13.3. Large Power
10.14. France Power Transformer Market Forecast, by Cooling Type
10.14.1. Oil-cooled Transformer
10.14.2. Power-cooled Transformer
10.15. France Power Transformer Market Forecast, by Power Rating
10.15.1. Small Power
10.15.2. Medium Power
10.15.3. Large Power
10.16. Italy Power Transformer Market Forecast, by Cooling Type
10.16.1. Oil-cooled Transformer
10.16.2. Power-cooled Transformer
10.17. Italy Power Transformer Market Forecast, by Power Rating
10.17.1. Small Power
10.17.2. Medium Power
10.17.3. Large Power
10.18. Spain Power Transformer Market Forecast, by Cooling Type
10.18.1. Oil-cooled Transformer
10.18.2. Power-cooled Transformer
10.19. Spain Power Transformer Market Forecast, by Power Rating
10.19.1. Small Power
10.19.2. Medium Power
10.19.3. Large Power
10.20. Rest of Europe Power Transformer Market Forecast, by Cooling Type
10.20.1. Oil-cooled Transformer
10.20.2. Power-cooled Transformer
10.21. Rest of Europe Power Transformer Market Forecast, by Power Rating
10.21.1. Small Power
10.21.2. Medium Power
10.21.3. Large Power
10.22. Europe Power Transformer Market Attractiveness Analysis
10.22.1. By Cooling Type
10.22.2. By Power Rating
10.23. PEST Analysis
11. Asia Pacific Power Transformer Market Analysis
11.1. Key Findings
11.2. Asia Pacific Power Transformer Market Overview
11.3. Asia Pacific Power Transformer Market Value Share Analysis, by Cooling Type
11.4. Asia Pacific Power Transformer Market Forecast, by Cooling Type
11.4.1. Oil-cooled Transformer
11.4.2. Power-cooled Transformer
11.5. Asia Pacific Power Transformer Market Value Share Analysis, by Power Rating
11.6. Asia Pacific Power Transformer Market Forecast, by Power Rating
11.6.1. Small Power
11.6.2. Medium Power
11.6.3. Large Power
11.7. Asia Pacific Power Transformer Market Value Share Analysis, by Country
11.8. Asia Pacific Power Transformer Market Forecast, by Country
11.8.1. China
11.8.2. India
11.8.3. Japan
11.8.4. ASEAN
11.8.5. Rest of Asia Pacific
11.9. Asia Pacific Power Transformer Market Analysis, by Country/ Sub-region
11.10. China Power Transformer Market Forecast, by Cooling Type
11.10.1. Oil-cooled Transformer
11.10.2. Power-cooled Transformer
11.11. China Power Transformer Market Forecast, by Power Rating
11.11.1. Small Power
11.11.2. Medium Power
11.11.3. Large Power
11.12. India Power Transformer Market Forecast, by Cooling Type
11.12.1. Oil-cooled Transformer
11.12.2. Power-cooled Transformer
11.13. India Power Transformer Market Forecast, by Power Rating
11.13.1. Small Power
11.13.2. Medium Power
11.13.3. Large Power
11.14. Japan Power Transformer Market Forecast, by Cooling Type
11.14.1. Oil-cooled Transformer
11.14.2. Power-cooled Transformer
11.15. Japan Power Transformer Market Forecast, by Power Rating
11.15.1. Small Power
11.15.2. Medium Power
11.15.3. Large Power
11.16. ASEAN Power Transformer Market Forecast, by Cooling Type
11.16.1. Oil-cooled Transformer
11.16.2. Power-cooled Transformer
11.17. ASEAN Power Transformer Market Forecast, by Power Rating
11.17.1. Small Power
11.17.2. Medium Power
11.17.3. Large Power
11.18. Rest of Asia Pacific Power Transformer Market Forecast, by Cooling Type
11.18.1. Oil-cooled Transformer
11.18.2. Power-cooled Transformer
11.19. Rest of Asia Pacific Power Transformer Market Forecast, by Power Rating
11.19.1. Small Power
11.19.2. Medium Power
11.19.3. Large Power
11.20. Asia Pacific Power Transformer Market Attractiveness Analysis
11.20.1. By Cooling Type
11.20.2. By Power Rating
11.21. PEST Analysis
12. Middle East & Africa Power Transformer Market Analysis
12.1. Key Findings
12.2. Middle East & Africa Power Transformer Market Overview
12.3. Middle East & Africa Power Transformer Market Value Share Analysis, by Cooling Type
12.4. Middle East & Africa Power Transformer Market Forecast, by Cooling Type
12.4.1. Oil-cooled Transformer
12.4.2. Power-cooled Transformer
12.5. Middle East & Africa Power Transformer Market Value Share Analysis, by Power Rating
12.6. Middle East & Africa Power Transformer Market Forecast, by Power Rating
12.6.1. Small Power
12.6.2. Medium Power
12.6.3. Large Power
12.7. Middle East & Africa Power Transformer Market Value Share Analysis, by Country
12.8. Middle East & Africa Power Transformer Market Forecast, by Country
12.8.1. GCC, 2018–2026
12.8.2. South Africa, 2018–2026
12.8.3. Rest of Middle East & Africa, 2018–2026
12.9. Middle East & Africa Power Transformer Market Analysis, by Country/ Sub-region
12.10. GCC Power Transformer Market Forecast, by Cooling Type
12.10.1. Oil-cooled Transformer
12.10.2. Power-cooled Transformer
12.11. GCC Power Transformer Market Forecast, by Power Rating
12.11.1. Small Power
12.11.2. Medium Power
12.11.3. Large Power
12.12. South Africa Power Transformer Market Forecast, by Cooling Type
12.12.1. Oil-cooled Transformer
12.12.2. Power-cooled Transformer
12.13. South Africa Power Transformer Market Forecast, by Power Rating
12.13.1. Small Power
12.13.2. Medium Power
12.13.3. Large Power
12.14. Rest of Middle East & Africa Power Transformer Market Forecast, by Cooling Type
12.14.1. Oil-cooled Transformer
12.14.2. Power-cooled Transformer
12.15. Rest of Middle East & Africa Power Transformer Market Forecast, by Power Rating
12.15.1. Small Power
12.15.2. Medium Power
12.15.3. Large Power
12.16. Middle East & Africa Power Transformer Market Attractiveness Analysis
12.16.1. By Cooling Type
12.16.2. By Power Rating
12.17. PEST Analysis
13. Latin America Power Transformer Market Analysis
13.1. Key Findings
13.2. Latin America Power Transformer Market Overview
13.3. Latin America Power Transformer Market Value Share Analysis, by Cooling Type
13.4. Latin America Power Transformer Market Forecast, by Cooling Type
13.4.1. Oil-cooled Transformer
13.4.2. Power-cooled Transformer
13.5. Latin America Power Transformer Market Value Share Analysis, by Power Rating
13.6. Latin America Power Transformer Market Forecast, by Power Rating
13.6.1. Small Power
13.6.2. Medium Power
13.6.3. Large Power
13.7. Latin America Power Transformer Market Value Share Analysis, by Country
13.8. Latin America Power Transformer Market Forecast, by Country
13.8.1.1. Brazil
13.8.1.2. Mexico
13.8.1.3. Rest of Latin America
13.9. Latin America Power Transformer Market Analysis, by Country/ Sub-region
13.10. Brazil Power Transformer Market Forecast, by Cooling Type
13.10.1. Oil-cooled Transformer
13.10.2. Power-cooled Transformer
13.11. Brazil Power Transformer Market Forecast, by Power Rating
13.11.1. Small Power
13.11.2. Medium Power
13.11.3. Large Power
13.12. Mexico Power Transformer Market Forecast, by Cooling Type
13.12.1. Oil-cooled Transformer
13.12.2. Power-cooled Transformer
13.13. Mexico Power Transformer Market Forecast, by Power Rating
13.13.1. Small Power
13.13.2. Medium Power
13.13.3. Large Power
13.14. Rest of Latin America Power Transformer Market Forecast, by Cooling Type
13.14.1. Oil-cooled Transformer
13.14.2. Power-cooled Transformer
13.15. Rest of Latin America Power Transformer Market Forecast, by Power Rating
13.15.1. Small Power
13.15.2. Medium Power
13.15.3. Large Power
13.16. Latin America Power Transformer Market Attractiveness Analysis
13.16.1. By Cooling Type
13.16.2. By Power Rating
13.17. PEST Analysis
14. Company Profiles
14.1. Market Share Analysis, by Company
14.2. Competition Matrix
14.3. Company Profiles: Key Players
14.3.1. ABB
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Business Strategy
14.3.1.4. Recent Developments
14.3.1.5. Manufacturing Footprint
14.3.2. GE
14.3.3. Toshiba
14.3.4. Schneider
14.3.5. TBEA
14.3.6. Siemens AG
14.3.7. General Electric Company
14.3.8. Crompton Greaves Limited
14.3.9. Toshiba Corporation
14.3.10. Hyundai Heavy Industries Co., Ltd.
14.3.11. Mitsubishi Electric Corporation
14.3.12. Hyosung Group
14.3.13. Bharat Heavy Electricals Limited
14.3.14. SPX Transformer Solutions, Inc.
14.3.15. Kirloskar Electric Company
14.3.16. EMCO
14.3.17. Bharat Bijlee
14.3.18. Alstrom SA
14.3.19. China XD Electric
14.3.20. TBA Corp Ltd
14.3.21. Voltamp Transformers
14.3.22. Global Transformer & Switchgears Fzco
14.3.23. JSHP Transformers
14.3.24. Emirates Transformer
14.3.25. Transformers & Rectifiers(India) Ltd
15. Primary Key Insights
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