Global Transformer Market Report 2023: Sector is Expected to Reach $81.6 Billion by 2027 at a CAGR of 10.6%

Global Transformers Market

Dublin, May 16, 2023 (GLOBE NEWSWIRE) -- The "Global Markets for Transformers" report has been added to ResearchAndMarkets.com's offering.

This report analyzes different transformer types, capacity ratings, phases, insulation types, mounting locations, end-use industries, and regional market development of transformers.

Furthermore, we also segment the market analysis by major countries in this report, such as the U.S., China, Germany, India, and others, where the opportunities for transformers are lucrative.

The report is prepared in a simple, easy-to-understand format; tables and figures are included to illustrate historical, current, and future market scenarios.

The report also covers leading companies with information on product types, business footprint, revenue, and more. We have also included a list of other companies in global and regional markets. Also, the report consists of a patent analysis for the transformer market, representing a significant investment area for investors.

The report incorporates the impacts of COVID-19 and the Russia-Ukraine war on the global and regional markets.

In this report, 2021 is used as the market's base year, estimated values are provided for 2022, and the market values are forecast from 2022 to 2027. All market values are provided in millions of dollars, and market shares and CAGRs are provided in percentages.

Companies Mentioned

ABB Ltd.

Bharat Heavy Electricals Limited

Celme S.R.L.

Cg Power and Industrial Solutions Ltd.

Daihen Corp.

Eaton Corporation plc

General Electric Co.

Hammond Power Solutions

Hyosung Heavy Industries

Hyundai Electric & Energy Systems Co. Ltd.

Jiangsu Huapeng Transformer Co. Ltd.

Mitsubishi Electric Corp.

Schneider Electric

Siemens AG

Toshiba Energy Systems & Solutions Corporation

Weg

Report Includes

53 tables and 28 additional tables

An up-to-date overview and industry analysis of the global markets for electrical transformers

Analyses of the global market trends, with historic market revenue data (sales figures) for 2021, estimates for 2022, forecasts for 2023, and projections of compound annual growth rates (CAGRs) through 2027

Estimation of the actual market size and revenue forecast for global transformers market in USD million terms, and corresponding market share analysis by type, capacity rating, phase, insulation type, end-use industry, and region

In-depth information (facts and figures) concerning the major factors influencing the progress of this market (benefits, and industry-specific challenges) with respect to specific growth trends, upcoming technologies, future prospects, and contributions to the overall market

Analysis of market opportunities with a holistic study of Porter's Analysis and PESTLE Analysis for relevant geographic regions in the global transformer industry

Insight into the recent industry structure, competitive aspects of each product segment, increasing investment on R&D activities to develop low-cost advanced transformer technologies, market development strategies, and company value share analysis

Identification of major stakeholders and analysis of the company competitive landscape based on their recent developments, financial performance, segmental revenues, and operational integration

Review of key patent grants and significant allotments of recent patents across each major category

Descriptive company profiles of the market leading players, including ABB Ltd., BHEL, DAIHEN Corp., General Electric Co., Mitsubishi Electric Corp. and Siemens AG

Key Attributes:

Report Attribute

Details

No. of Pages

206

Forecast Period

2022 - 2027

Estimated Market Value (USD) in 2022

$49.3 Billion

Forecasted Market Value (USD) by 2027

$81.6 Billion

Compound Annual Growth Rate

10.6%

Regions Covered

Global

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview3.1 Current Market Overview3.2 Classification of Insulating Materials Used in Transformers3.3 Necessity of Upgrading Oil Transformers3.4 Signs That Indicate Transformer Needs Maintenance3.5 Different Types of Transformer Failure Modes3.6 Causes of Failures in Transformer by Type3.7 Transformers Types3.8 Value Chain Analysis for the Transformers Market3.9 Porter's Five Forces Model3.10 PESTLE Analysis3.11 Covid-19's Impact on the Global Transformer Market3.12 Russia - Ukraine War Impact on the Global Transformer Market

Chapter 4 Global Market Dynamics4.1 Overview4.2 Market Drivers4.3 Market Restraints4.4 Current Market Trends4.5 Market Opportunities

Chapter 5 Market Breakdown by Type5.1 Overview5.2 Global Market by Type5.3 North American Market by Type5.4 European Market by Type5.5 Asia-Pacific Market by Type5.6 Rest of the World Market by Type

Chapter 6 Market Breakdown by Capacity Rating6.1 Overview6.2 Global Market by Capacity Rating6.3 North American Market by Capacity Rating6.4 European Market by Capacity Rating6.5 Asia-Pacific Market by Capacity Rating6.6 Rest of the World Market by Capacity Rating

Chapter 7 Market Breakdown by Phase7.1 Overview7.2 Global Market by Phase7.3 North American Market by Phase7.4 European Market by Phase7.5 Asia-Pacific Market by Phase7.6 Rest of the World Market by Phase

Chapter 8 Market Breakdown by Insulation Type8.1 Overview8.2 Global Market, by Insulation Type8.2.1 Solid8.2.2 Oil8.2.3 Gas8.3 North American Market by Insulation Type8.4 European Market by Insulation Type8.5 Asia-Pacific Market by Insulation Type8.6 Rest of the World Market by Insulation Type

Chapter 9 Market Breakdown by Mounting Location9.1 Overview9.2 Global Market by Mounting Location9.2.1 Pad Mounted9.2.2 Pole Mounted9.3 North American Market by Mounting Location9.4 European Market by Mounting Location9.5 Asia-Pacific Market by Mounting Location9.6 Rest of the World Market by Mounting Location

Chapter 10 Market Breakdown by End-Use Industry10.1 Overview10.2 Global Market by End-Use Industry10.2.1 Residential and Commercial10.2.2 Industrial10.2.3 Power Utilities10.3 North American Market by End-Use Industry10.4 European Market by End-Use Industry10.5 Asia-Pacific by End-Use Industry10.6 Rest of the World Market by End-Use Industry

Chapter 11 Market Breakdown by Region

Chapter 12 Patent Analysis12.1 Overview12.2 Descriptions of Patents on Transformers

Chapter 13 Competitive Landscape13.1 Overview13.2 Market Share Analysis13.3 Strategic Analysis13.4 Product Mapping Analysis13.4.1 Product Mapping Analysis, by Transformer Capacity13.5 Key Developments13.6 List of Resources for Transformers

Chapter 14 Company Profiles

Chapter 15 Appendix: Acronyms

For more information about this report visit https://www.researchandmarkets.com/r/g9l02e

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Global Transformers Market