Global Power Transformer Market Analysis 2020

The Global Power Transformer market is expected to reach $57.31 billion by 2026 growing at a CAGR of 9.7% during 2019 to 2026. A power transformer is a device which is used to transfer electrical energy in an electrical or electronic circuit between generator and primary distribution circuits. This transformer is used in distribution system to accommodate the changes in step-up and step-down voltages. It forms a crucial part of the power grid and helps in transmission of power from one network to the other without change in frequency. The transmission of high current leads to more line losses. But if the voltage of the incoming power is increased then efficient power transmission is enabled. Power transformers thus play a vital role in power transmission. These transformers operate at peak load and are designed to have maximum efficiency at full load. Power transformers enable the power transmission low-voltage to high-voltages. Factors such as growing consumption of electricity, increasing focus on renewable electric power generation, deployment of smart grids and smart transformers, and replacement of existing aged power transformers are fuelling the market growth. However, reluctance to replace aging infrastructure and standardization of products are likely to restraint the market. By mounting, pole mounted transformers will witness substantial adoption on account of distant load centers across limited grid accessibility. Easy installation on single pole structures and reasonably compact size will escalate the product adoption, thereby minimizing vandalism and reducing the risk of injury to animals. Pole mounted transformers have gained market penetration owing to their ability to service rural and urban residential & commercial loads. The key vendors mentioned are Toshiba Corporation, SPX Corporation, Siemens AG , SGB-SMIT International GmbH., Mitsubishi Electric Corporation, Hyundai Heavy Industries Co. Ltd., Hyosung Power & Industrial Systems Performance Group, General Electric Co, Crompton Greaves Ltd., Bharat Heavy Electricals Limited, ASEA Brown Boveri Group, Alstom SA, ABB Ltd., Schneider Electric, DAIHEN Corporation, CG Power and Industrial Solutions Ltd., EMCO Ltd., Hitachi Ltd., TBEA Co. Ltd., and Kirloskar Electric Co. Ltd. Cooling Types Covered: • Oil-Cooled • Air-Cooled Ratings Covered: • Large Power Transformer (Above 600MVA) • Medium Power Transformer (61 - 600MVA) • Small Power Transformer (Up to 60MVA) Mountings Covered: • Pole • Pad • Printed Circuit Board (PC/PCB) Cores Covered: • Closed • Berry • Shell Applications Covered: • Transmission • Generation Step-up Windings Covered: • Two Winding • Auto-Transformer Voltages Covered: • 100-200kV • 200-400 kV • Above 400 kV Installations Covered: • Indoor • Outdoor Phases Covered: • Three Phase • Single Phase • Two Phase Insulations Covered: • Solid • Air • Gas • Oil End Users Covered: • Energy and Utility Sector • Industrial • Residential & Commercial • Infrastructure • Electronics • Telecommunications • Automotive • Alternative Power Generation • Smart Grid • Traction Locomotives • EV Charging Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2018 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analysed during the forecast period

1 Market Synopsis

2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources

3 Market Dynamics
3.1 Drivers
3.2 Restraints

4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Power Transformer Market, By Cooling Type
5.1 Introduction
5.2 Oil-Cooled
5.3 Air-Cooled

6 Global Power Transformer Market, By Rating
6.1 Introduction
6.2 Large Power Transformer (Above 600MVA)
6.3 Medium Power Transformer (61 – 600MVA)
6.4 Small Power Transformer (Up to 60MVA)

7 Global Power Transformer Market, By Mounting
7.1 Introduction
7.2 Pole
7.3 Pad
7.4 Printed Circuit Board (PC/PCB)

8 Global Power Transformer Market, By Core
8.1 Introduction
8.2 Closed
8.3 Berry
8.4 Shell

9 Global Power Transformer Market, By Application
9.1 Introduction
9.2 Transmission
9.3 Generation Step-up

10 Global Power Transformer Market, By Winding
10.1 Introduction
10.2 Two Winding
10.3 Auto-Transformer

11 Global Power Transformer Market, By Voltage
11.1 Introduction
11.2 100-200kV
11.3 200-400 kV
11.4 Above 400 kV

12 Global Power Transformer Market, By Installation
12.1 Introduction
12.2 Indoor
12.3 Outdoor

13 Global Power Transformer Market, By Phase
13.1 Introduction
13.2 Three Phase
13.3 Single Phase
13.4 Two Phase

14 Global Power Transformer Market, By Insulation
14.1 Introduction
14.2 Solid
14.3 Air
14.4 Gas
14.5 Oil

15 Global Power Transformer Market, By End User
15.1 Introduction
15.2 Energy and Utility Sector
15.3 Industrial
15.4 Residential & Commercial
15.5 Infrastructure
15.6 Electronics
15.7 Telecommunications
15.8 Automotive
15.9 Alternative Power Generation
15.10 Smart Grid
15.11 Traction Locomotives
15.12 EV Charging

16 Global Power Transformer Market, By Geography
16.1 Introduction
16.2 North America
16.3 Europe
16.4 Asia Pacific
16.5 South America
16.6 Middle East & Africa

17 Strategic Benchmarking

18 Vendors Landscape
18.1 Toshiba Corporation
18.2 SPX Corporation
18.3 Siemens AG
18.4 SGB-SMIT International GmbH.
18.5 Mitsubishi Electric Corporation
18.6 Hyundai Heavy Industries Co. Ltd.
18.7 Hyosung Power & Industrial Systems Performance Group
18.8 General Electric Co
18.9 Crompton Greaves Ltd.
18.10 Bharat Heavy Electricals Limited
18.11 ASEA Brown Boveri Group
18.12 Alstom SA
18.13 ABB Ltd.
18.14 Schneider Electric
18.15 DAIHEN Corporation
18.16 CG Power and Industrial Solutions Ltd.
18.17 EMCO Ltd.
18.18 Hitachi Ltd.
18.19 TBEA Co. Ltd.
18.20 Kirloskar Electric Co. Ltd.

List of Data Tables
Table 1 Global Power Transformer Market Outlook, By Region (2018-2026) ($MN)
Table 2 Global Power Transformer Market Outlook, By Cooling Type (2018-2026) ($MN)
Table 3 Global Power Transformer Market Outlook, By Oil-Cooled (2018-2026) ($MN)
Table 4 Global Power Transformer Market Outlook, By Air-Cooled (2018-2026) ($MN)
Table 5 Global Power Transformer Market Outlook, By Rating (2018-2026) ($MN)
Table 6 Global Power Transformer Market Outlook, By Large Power Transformer (Above 600MVA) (2018-2026) ($MN)
Table 7 Global Power Transformer Market Outlook, By Medium Power Transformer (61 – 600MVA) (2018-2026) ($MN)
Table 8 Global Power Transformer Market Outlook, By Small Power Transformer (Up to 60MVA) (2018-2026) ($MN)
Table 9 Global Power Transformer Market Outlook, By Mounting (2018-2026) ($MN)
Table 10 Global Power Transformer Market Outlook, By Pole (2018-2026) ($MN)
Table 11 Global Power Transformer Market Outlook, By Pad (2018-2026) ($MN)
Table 12 Global Power Transformer Market Outlook, By Printed Circuit Board (PC/PCB) (2018-2026) ($MN)
Table 13 Global Power Transformer Market Outlook, By Core (2018-2026) ($MN)
Table 14 Global Power Transformer Market Outlook, By Closed (2018-2026) ($MN)
Table 15 Global Power Transformer Market Outlook, By Berry (2018-2026) ($MN)
Table 16 Global Power Transformer Market Outlook, By Shell (2018-2026) ($MN)
Table 17 Global Power Transformer Market Outlook, By Application (2018-2026) ($MN)
Table 18 Global Power Transformer Market Outlook, By Transmission (2018-2026) ($MN)
Table 19 Global Power Transformer Market Outlook, By Generation Step-up (2018-2026) ($MN)
Table 20 Global Power Transformer Market Outlook, By Winding (2018-2026) ($MN)
Table 21 Global Power Transformer Market Outlook, By Two Winding (2018-2026) ($MN)
Table 22 Global Power Transformer Market Outlook, By Auto-Transformer (2018-2026) ($MN)
Table 23 Global Power Transformer Market Outlook, By Voltage (2018-2026) ($MN)
Table 24 Global Power Transformer Market Outlook, By 100-200kV (2018-2026) ($MN)
Table 25 Global Power Transformer Market Outlook, By 200-400 kV (2018-2026) ($MN)
Table 26 Global Power Transformer Market Outlook, By Above 400 kV (2018-2026) ($MN)
Table 27 Global Power Transformer Market Outlook, By Installation (2018-2026) ($MN)
Table 28 Global Power Transformer Market Outlook, By Indoor (2018-2026) ($MN)
Table 29 Global Power Transformer Market Outlook, By Outdoor (2018-2026) ($MN)
Table 30 Global Power Transformer Market Outlook, By Phase (2018-2026) ($MN)
Table 31 Global Power Transformer Market Outlook, By Three Phase (2018-2026) ($MN)
Table 32 Global Power Transformer Market Outlook, By Single Phase (2018-2026) ($MN)
Table 33 Global Power Transformer Market Outlook, By Two Phase (2018-2026) ($MN)
Table 34 Global Power Transformer Market Outlook, By Insulation (2018-2026) ($MN)
Table 35 Global Power Transformer Market Outlook, By Solid (2018-2026) ($MN)
Table 36 Global Power Transformer Market Outlook, By Air (2018-2026) ($MN)
Table 37 Global Power Transformer Market Outlook, By Gas (2018-2026) ($MN)
Table 38 Global Power Transformer Market Outlook, By Oil (2018-2026) ($MN)
Table 39 Global Power Transformer Market Outlook, By End User (2018-2026) ($MN)
Table 40 Global Power Transformer Market Outlook, By Energy and Utility Sector (2018-2026) ($MN)
Table 41 Global Power Transformer Market Outlook, By Industrial (2018-2026) ($MN)
Table 42 Global Power Transformer Market Outlook, By Residential & Commercial (2018-2026) ($MN)
Table 43 Global Power Transformer Market Outlook, By Infrastructure (2018-2026) ($MN)
Table 44 Global Power Transformer Market Outlook, By Electronics (2018-2026) ($MN)
Table 45 Global Power Transformer Market Outlook, By Telecommunications (2018-2026) ($MN)
Table 46 Global Power Transformer Market Outlook, By Automotive (2018-2026) ($MN)
Table 47 Global Power Transformer Market Outlook, By Alternative Power Generation (2018-2026) ($MN)
Table 48 Global Power Transformer Market Outlook, By Smart Grid (2018-2026) ($MN)
Table 49 Global Power Transformer Market Outlook, By Traction Locomotives (2018-2026) ($MN)
Table 50 Global Power Transformer Market Outlook, By EV Charging (2018-2026) ($MN)
Table 51 North America Power Transformer Market Outlook, By Cooling Type (2018-2026) ($MN)
Table 52 North America Power Transformer Market Outlook, By Rating (2018-2026) ($MN)
Table 53 North America Power Transformer Market Outlook, By Mounting (2018-2026) ($MN)
Table 54 North America Power Transformer Market Outlook, By Core (2018-2026) ($MN)
Table 55 North America Power Transformer Market Outlook, By Application (2018-2026) ($MN)
Table 56 North America Power Transformer Market Outlook, By Winding (2018-2026) ($MN)
Table 57 North America Power Transformer Market Outlook, By Voltage (2018-2026) ($MN)
Table 58 North America Power Transformer Market Outlook, By Installation (2018-2026) ($MN)
Table 59 North America Power Transformer Market Outlook, By Phase (2018-2026) ($MN)
Table 60 North America Power Transformer Market Outlook, By Insulation (2018-2026) ($MN)
Table 61 North America Power Transformer Market Outlook, By End User (2018-2026) ($MN)
Table 62 Europe Power Transformer Market Outlook, By Cooling Type (2018-2026) ($MN)
Table 63 Europe Power Transformer Market Outlook, By Rating (2018-2026) ($MN)
Table 64 Europe Power Transformer Market Outlook, By Mounting (2018-2026) ($MN)
Table 65 Europe Power Transformer Market Outlook, By Core (2018-2026) ($MN)
Table 66 Europe Power Transformer Market Outlook, By Application (2018-2026) ($MN)
Table 67 Europe Power Transformer Market Outlook, By Winding (2018-2026) ($MN)
Table 68 Europe Power Transformer Market Outlook, By Voltage (2018-2026) ($MN)
Table 69 Europe Power Transformer Market Outlook, By Installation (2018-2026) ($MN)
Table 70 Europe Power Transformer Market Outlook, By Phase (2018-2026) ($MN)
Table 71 Europe Power Transformer Market Outlook, By Insulation (2018-2026) ($MN)
Table 72 Europe Power Transformer Market Outlook, By End User (2018-2026) ($MN)
Table 73 Asia Pacific Power Transformer Market Outlook, By Cooling Type (2018-2026) ($MN)
Table 74 Asia Pacific Power Transformer Market Outlook, By Rating (2018-2026) ($MN)
Table 75 Asia Pacific Power Transformer Market Outlook, By Mounting (2018-2026) ($MN)
Table 76 Asia Pacific Power Transformer Market Outlook, By Core (2018-2026) ($MN)
Table 77 Asia Pacific Power Transformer Market Outlook, By Application (2018-2026) ($MN)
Table 78 Asia Pacific Power Transformer Market Outlook, By Winding (2018-2026) ($MN)
Table 79 Asia Pacific Power Transformer Market Outlook, By Voltage (2018-2026) ($MN)
Table 80 Asia Pacific Power Transformer Market Outlook, By Installation (2018-2026) ($MN)
Table 81 Asia Pacific Power Transformer Market Outlook, By Phase (2018-2026) ($MN)
Table 82 Asia Pacific Power Transformer Market Outlook, By Insulation (2018-2026) ($MN)
Table 83 Asia Pacific Power Transformer Market Outlook, By End User (2018-2026) ($MN)
Table 84 South America Power Transformer Market Outlook, By Cooling Type (2018-2026) ($MN)
Table 85 South America Power Transformer Market Outlook, By Rating (2018-2026) ($MN)
Table 86 South America Power Transformer Market Outlook, By Mounting (2018-2026) ($MN)
Table 87 South America Power Transformer Market Outlook, By Core (2018-2026) ($MN)
Table 88 South America Power Transformer Market Outlook, By Application (2018-2026) ($MN)
Table 89 South America Power Transformer Market Outlook, By Winding (2018-2026) ($MN)
Table 90 South America Power Transformer Market Outlook, By Voltage (2018-2026) ($MN)
Table 91 South America Power Transformer Market Outlook, By Installation (2018-2026) ($MN)
Table 92 South America Power Transformer Market Outlook, By Phase (2018-2026) ($MN)
Table 93 South America Power Transformer Market Outlook, By Insulation (2018-2026) ($MN)
Table 94 South America Power Transformer Market Outlook, By End User (2018-2026) ($MN)
Table 95 Middle East & Africa Power Transformer Market Outlook, By Cooling Type (2018-2026) ($MN)
Table 96 Middle East & Africa Power Transformer Market Outlook, By Rating (2018-2026) ($MN)
Table 97 Middle East & Africa Power Transformer Market Outlook, By Mounting (2018-2026) ($MN)
Table 98 Middle East & Africa Power Transformer Market Outlook, By Core (2018-2026) ($MN)
Table 99 Middle East & Africa Power Transformer Market Outlook, By Application (2018-2026) ($MN)
Table 100 Middle East & Africa Power Transformer Market Outlook, By Winding (2018-2026) ($MN)
Table 101 Middle East & Africa Power Transformer Market Outlook, By Voltage (2018-2026) ($MN)
Table 102 Middle East & Africa Power Transformer Market Outlook, By Installation (2018-2026) ($MN)
Table 103 Middle East & Africa Power Transformer Market Outlook, By Phase (2018-2026) ($MN)
Table 104 Middle East & Africa Power Transformer Market Outlook, By Insulation (2018-2026) ($MN)
Table 105 Middle East & Africa Power Transformer Market Outlook, By End User (2018-2026) ($MN)