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The Global Market for Transformers 2014-2050

StatPlan Energy published Edition 3 of its successful global analysis of transformer markets in Sept 2014. Substantially expanded since Ed1, refined since Ed2 as more data has become available to us, and support-ed by an optional database with annual forecasts to 2020, this is a comprehensive analysis of global markets, their size, growth prospects, breakdown by transformer type and issues facing the industry.

Central to our forecasting is the nature of future markets and the importance of the replacement sector for market growth. This market segment will soon account for more than half of the entire market. But to understand when plant is to be replaced, it is essential to understand when plant was installed, the useful life of the equipment and how replacement is managed. StatPlan's databases that underlie all of our reports cover this ground and allows us to report at a level of detail we believe is unmatched elsewhere.

The report comprises 159 pages, 93 tables and 34 figures and illustrations.

SURVEY CONTENT

1. EXECUTIVE SUMMARY

  • Market Value
  • Global market growth to 2020
  • European growth is steady
  • Asia growth high
  • US based transformer manufacturers responding to demand
  • Service life of transformers
  • Transformer capacity
  • Renewable and distributed generation
  • Raw material cost rising since 2003, but now stabilising
  • T&D losses can be addressed with AMTs, but capital cost is restrictive
  • Transformer ownership
  • The impact of household electrification
  • Aging transmission and distribution systems
  • Environmental benefits and MEPS

THE TRANSFOMATION PROCESS, POWER AND DISTRIBUTION TRANSFORMER TYPES AND OWNERSHIP

  • The transformation Process
  • Network Configurations for distribution - Radial, Loop and Network systems
  • Review of regional practices, North America and Europe
  • Types of Transformer
  • Evolution of power transformers by size and capacity

ENERGY EFFICIENCY AND HIGH EFFICIENCY TRANS-FORMERS

  • Government response to losses and the drive to higher efficiency
  • Development of a new technology - Amorphous Core Transformers
  • The market for AMTs
  • Amorphous metal ribbon manufacturers
  • HTS -High temperature superconductor transformers
  • MATERIALS COSTS
  • Electrical Steel - Introduction
  • The electrical steel market
  • Electrical steel producers
  • Copper
  • Transformer oil

LOGISTICS

  • Rail transport
  • Road transport

RATIOS OF TRANSFORMATION CAPACITY TO GENERATING CAPACITY

UTILITY, GSU & INDUSTRIAL POWER AND DISTRIBUTION TRANSFORMER CAPACITY, NUMBERS AND AVERAGE kVA PER UNIT

THE TRANSFORMER CAPACITY DEMAND CYCLE

  • Overview
  • Installed transformation capacity
  • The China Factor
  • Annual demand for capacity
  • Regional trends- New versus replacement

ANALYSIS OF GENERATION MIX AND IMPLICATIONS FOR TRANSFORMERS

  • Trends in the generation mix
  • The impact of generation developments on transformation technology

TRANSFORMER PRODUCTION CAPACITY

  • Manufacturing capacity, global and by region
  • Global balance of production capacity and demand

POWER AND DISTRIBUTION TRANSFORMER MARKET VALUE

  • World overview
  • Utility, Generator and Industry Transformer Capacity Ownership

TRANSFORMER SUPPLY: THE MANUFACTURERS

  • Background to the production situation today
  • The re-expansion of transformer production capacity since 2006
  • Capacity utilisation
  • Transformer remanufacturing and repairing
  • Manufacturers' market shares
  • International trade in transformers: Imports and exports

REGIONAL BREAKDOWN AND FORECASTS FOR TRANSFORMER MARKETS

  • Europe
    • Regional Overview
    • Market Drivers
    • Manufacturing industry review
    • France
    • Germany
    • Italy
    • Spain
    • United Kingdom
  • Middle East and Africa
    • Regional overview
    • Market review and drivers
  • Manufacturing industry review
  • Asia Pacific
    • Regional overview
    • China
    • Japan
    • India
    • Korea
    • Taiwan
  • The Americas
    • United States
    • Brazil
    • Mexico

TRANSFORMER CAPACITY & UNITS BY REGION AND ALL COUNTRIES, 2010 - 2020, BREAKDOWN BY PT AND DT

  • Europe
  • CIS
  • Middle East
  • North Africa
  • Sub-Saharan Africa
  • World
  • Asia
  • Pacific
  • South America
  • Central America
  • North America

Table of Contents

1. EXECUTIVE SUMMARY

  • 1.1. Market Value
  • 1.2. Global market growth to 2017
  • 1.3. European growth is steady
  • 1.4. Asia growth high
  • 1.5. US based transformer manufacturers responding to demand
  • 1.6. Service life of transformers
  • 1.7. Transformer capacity
  • 1.8. Renewable and distributed generation
  • 1.9. Raw material cost rising since 2003, but now stabilising
  • 1.10. T&D losses can be addressed with AMTs, but capital cost is restrictive
  • 1.11. Transformer ownership
  • 1.12. The impact of household electrification
  • 1.13. Aging transmission and distribution systems
  • 1.14. Environmental benefits and MEPS

2. THE TRANSFORMATION PROCESS, POWER AND DISTRIBUTION TRANSFORMER TYPES AND OWNERSHIP

  • 2.1. The transformation process
  • 2.2. Network Configurations for distribution - Radial, Loop and Network systems
  • 2.3. Review of regional practices
    • 2.3.1. North America
    • 2.3.2. Europe
  • 2.4. Types of Transformer
  • 2.5. Evolution of power transformers by size and capacity
  • 2.6. Ownership of power and distribution transformers

3. ENERGY EFFICIENCY AND HIGH EFFICIENCY TRANSFORMERS

  • 3.1. Government response to losses and the drive to higher efficiency
  • 3.2. Development of a new technology - Amorphous Core Transformers
  • 3.3. The market for AMTs
  • 3.4. Amorphous metal ribbon manufacturers
  • 3.5. HTS -High temperature superconductor transformers

4. MATERIALS COSTS

  • 4.1. Electrical Steel - Introduction
  • 4.2. The electrical steel market
  • 4.3. Electrical steel producers
  • 4.4. Copper
  • 4.5. Transformer oil

5. LOGISTICS

  • 5.1. Rail transport
  • 5.2. Road transport

6. RATIOS OF TRANSFORMATION CAPACITY TO GENERATING CAPACITY

7. UTILITY, GSU & INDUSTRIAL POWER AND DISTRIBUTION TRANSFORMER CAPACITY, NUMBERS AND AVERAGE kVA PER UNIT

  • 7.1. Europe
  • 7.2. CIS
  • 7.3. Africa and Middle East
  • 7.4. Asia Pacific
  • 7.5. Americas

8. THE TRANSFORMER CAPACITY DEMAND CYCLE

  • 8.1. Overview
  • 8.2. Installed transformation capacity
  • 8.3. The China Factor
  • 8.4. Annual demand for capacity
  • 8.5. Regional trends- New versus replacement

9. ANALYSIS OF GENERATION MIX AND IMPLICATIONS FOR TRANSFORMERS

  • 9.1. Trends in the generation mix
  • 9.2. The impact of generation developments on transformation technology

10. TRANSFORMER PRODUCTION CAPACITY

  • 10.1. Manufacturing capacity, global and by region
  • 10.2. Global balance of production capacity and demand

11. POWER AND DISTRIBUTION TRANSFORMER MARKET VALUE

  • 11.1. World overview
  • 11.2. Utility, Generator and Industry Transformer Capacity Ownership

12. TRANSFORMER SUPPLY: THE MANUFACTURERS

  • 12.1. Background to the production situation today
  • 12.2. The re-expansion of transformer production capacity since 2006
  • 12.3. Capacity utilisation
  • 12.4. Transformer remanufacturing and repairing
  • 12.5. Manufacturers' market shares
  • 12.6. International trade in transformers: Imports and exports

13. REGIONAL BREAKDOWN AND FORECASTS FOR TRANSFORMER MARKETS

  • 13.1. Europe
    • 13.1.1. Regional Overview
    • 13.1.2. Market Drivers
    • 13.1.3. European manufacturing industry review
    • 13.1.4. France
    • 13.1.5. Germany
    • 13.1.6. Italy
    • 13.1.7. Spain
    • 13.1.8. United Kingdom
  • 13.2. Middle East and Africa
    • 13.2.1. Regional overview
    • 13.2.2. Market review and drivers
    • 13.2.3. Manufacturing industry review
  • 13.3. Asia Pacific
    • 13.3.1. Regional overview
    • 13.3.2. China
    • 13.3.3. Japan
    • 13.3.4. India
    • 13.3.5. Korea
    • 13.3.6. Taiwan
  • 13.4. The Americas
    • 13.4.1. United States
    • 13.4.2. Brazil
    • 13.4.3. Mexico

14. TRANSFORMER CAPACITY & UNITS BY REGION AND COUNTRY, 2010-2020

  • Europe
  • CIS
  • Middle East
  • North Africa
  • Sub-Saharan Africa
  • Asia
  • Pacific
  • South America
  • Central America
  • North America
  • World

15. METHODOLOGY

FIGURES AND TABLES

  • Table 1: Number of LV consumers, number of distribution transformers and average LV customer per transformer in selected countries
  • Table 2: Network losses by region
  • Table 3: Manufacturers of energy efficient transformers in China, 2013
  • Table 4: Electrical producers by country and production in 2009
  • Table 5: Ratios of transformation capacity (MVA) to generating capacity (MW), Europe
  • Table 6: Ratios of transformation capacity (MVA) to generating capacity (MW), CIS
  • Table 7: Ratios of transformation capacity (MVA) to generating capacity (MW), Middle East
  • Table 8: Ratios of transformation capacity (MVA) to generating capacity (MW), Africa
  • Table 9: Ratios of transformation capacity (MVA) to generating capacity (MW), Asia Pacific
  • Table 10: Ratios of transformation capacity (MVA) to generating capacity (MW), Latin America
  • Table 11: Ratios of transformation capacity (MVA) to generating capacity (MW), North America
  • Table 12: Generator, Utility and Industrial Power and Distribution transformer capacity (MVA) by country and ownership, 2013 - Europe
  • Table 13: Generator, Utility and Industrial Power and Distribution transformers numbers by country and ownership, 2013 - Europe
  • Table 14: Generator, Utility and Industrial Power and Distribution transformers average capacity MVA/trf. - kVA/trf. by country and ownership, 2013 - Europe
  • Table 15: Generator, Utility and Industrial Power and Distribution transformer capacity (MVA) by country and ownership, 2013 - CIS
  • Table 16: Generator, Utility and Industrial Power and Distribution transformers numbers by country and ownership, 2013 -CIS
  • Table 17: Generator, Utility and Industrial Power and Distribution transformers average capacity MVA/trf. - kVA/trf. by country and ownership, 2013 - CIS
  • Table 18: Generator, Utility and Industrial Power and Distribution transformer capacity (MVA) by country and ownership, 2013 - Africa and Middle East
  • Table 19: Generator, Utility and Industrial Power and Distribution transformers numbers by country and ownership, 2013 - Africa and Middle East
  • Table 20: Generator, Utility and Industrial Power and Distribution transformers average capacity MVA/trf. - kVA/trf. by country and ownership, 2013 - Africa and Middle East
  • Table 21: Generator, Utility and Industrial, Power and Distribution transformer capacity (MVA) by country and ownership, 2013 - Asia Pacific
  • Table 22: Generator, Utility and Industrial Power and Distribution transformers numbers by country and ownership, 2013 -Asia Pacific
  • Table 23: Generator, Utility and Industrial Power and Distribution transformers average capacity MVA/trf. - kVA/trf. by country and ownership, 2013 - Asia Pacific
  • Table 24: Generator, Utility and Industrial, Power and Distribution transformer capacity (MVA) by country and ownership, 2013 - Americas
  • Table 25: Generator, Utility and Industrial Power and Distribution transformers numbers by country and ownership, 2013 -Americas
  • Table 26: Generator, Utility and Industrial Power and Distribution transformers average capacity MVA/trf. - kVA/trf. by country and ownership, 2013 - Americas
  • Table 27: Global generating capacity mix by energy source, 1990 - 2050
  • Table 28: Global manufacturers' production capacity, power and distribution transformers, 2013
  • Table 29: China, manufacturers' production capacity, power and distribution transformers, 2013
  • Table 30: India, manufacturers' production capacity, power and distribution transformers, 2013
  • Table 31: CIS, manufacturers' production capacity, power and distribution transformers, 2013
  • Table 32: Global power and distribution transformer market value, Current $, 2013 - 2020
  • Table 33: Power and distribution transformer market in current $ values, World by Region, 2013 - 2020
  • Table 34: Analysis of transformer types by trade value, imports and exports, average 2000 - 2012
  • Table 35: Percent of imports and exports of power and distribution transformers averaged for 2000 -2012, by country
  • Table 36: Power and distribution transformer market value, Europe & CIS, current $, 2013 - 2020
  • Table 37: Installed base of utility and industrial transformers, Europe 2010 and 2020
  • Table 38: Annual sales of power and distribution transformers, Europe, 2010 and 2020
  • Table 39: Installed transformer capacity 2013, France
  • Table 40: Installed transformer capacity 2013, Germany
  • Table 41: Installed transformer capacity 2013, Italy
  • Table 42: Installed transformer capacity 2013, Spain
  • Table 43: Installed transformer capacity 2013, United Kingdom
  • Table 44: Power and distribution transformer market value, Middle East & Africa, Current $, 2013 - 2020
  • Table 45: Power and distribution transformer market value, current $, Asia, 2013 - 2020
  • Table 46: Power and distribution transformer market value, current $, Pacific, 2013 - 2020
  • Table 47: Installed transformer capacity 2013, China
  • Table 48: Production of transformers in 2009, China
  • Table 49: Installed transformer capacity 2013, Japan
  • Table 50: Transformer manufacturers in Japan
  • Table 51: Installed transformer capacity 2013, India
  • Table 52: Transformer manufacturers in India
  • Table 53: Installed transformer capacity 2013, Korea
  • Table 54: Installed transformer capacity 2013, Taiwan
  • Table 55: Power and distribution transformer market value, Americas, 2013-2020
  • Table 56: Shipments of transformers in 2009, number and capacity MVA, United States
  • Table 57: Installed transformer capacity 2013, United States
  • Table 58: Market shares of Power Transformer Producers in the United States
  • Table 59: Installed transformer capacity 2013, Brazil
  • Table 60: Installed transformer capacity 2013, Mexico
  • Table 61: Transformer capacity MVA & number of transformers, utilities, industry and GSUs, Europe, 2010
  • Table 62: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Europe, 2015
  • Table 63: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Europe, 2020
  • Table 64: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, CIS, 2010
  • Table 65: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, CIS, 2015
  • Table 66: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, CIS, 2020
  • Table 67: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Middle East, 2010
  • Table 68: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Middle East, 2015
  • Table 69: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Middle East, 2020
  • Table 70: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, North Africa, 2010
  • Table 71: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, North Africa, 2015
  • Table 72: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, North Africa, 2020
  • Table 73: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Sub-Saharan Africa, 2010
  • Table 74: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Sub-Saharan Africa, 2015
  • Table 75: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Sub-Saharan Africa, 2020
  • Table 76: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Asia, 2010
  • Table 77: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Asia, 2015
  • Table 78: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Asia, 2020
  • Table 79: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Pacific, 2010
  • Table 80: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Pacific, 2015
  • Table 81: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Pacific, 2020
  • Table 82: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, South America, 2010
  • Table 83: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, South America, 2015
  • Table 84: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, South America, 2020
  • Table 85: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Central America, 2010
  • Table 86: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Central America, 2015
  • Table 87: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, Central America, 2020
  • Table 88: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, North America, 2010
  • Table 89: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, North America, 2015
  • Table 90: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, North America, 2020
  • Table 91: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, World, 2010
  • Table 92: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, World, 2015
  • Table 93: Transformer capacity MVA and number of transformers for utilities, industry and GSUs, World, 2020
  • Figure 1: The UK Electrical Power Transmission and Distribution System
  • Figure 2: Evolution of transformers in voltage kV and capacity MVA
  • Figure 3: Proportion of capacity (MVA) generator, utility and industrial ownership of power and distribution transformers by region
  • Figure 4: Costs of manufacturing an oil filled- transformer
  • Figure 5: Copper prices 2007-2013
  • Figure 6: The quad booster, dwarfing the truck
  • Figure 7: Two Schnabel cars unloaded
  • Figure 8: Schnabel car with load
  • Figure 9: The largest load ever transported by road in the United Kingdom
  • Figure 10: Overhead obstructions
  • Figure 11: Transformer off the road
  • Figure 12: Installed capacity of power and distribution transformers, GVA, 1900 - 2050
  • Figure 13: Global installed transformation capacity and demand 1900 - 2050, GVA
  • Figure 14: The cycle of demand, new and replacement capacity, 1900 - 2050, GVA.
  • Figure 15: Installed power transformer capacity and annual demand, 1900 - 2050, GVA.
  • Figure 16: Installed distribution transformer capacity and annual demand, 1900 - 2050, GVA.
  • Figure 17: Global utility transformation capacity installed base, GVA, 1900 - 2050
  • Figure 18: Annual transformer demand, excluding China, 1900 - 2050
  • Figure 19: Annual transformer demand including China, 1900 - 2050
  • Figure 20: Annual power and distribution transformer demand, GVA, 10 year intervals 1900 - 2050
  • Figure 21: Annual demand for power and distribution transformers, 1900 - 2050
  • Figure 22: Utility transformation capacity demand, 1940 - 2050
  • Figure 23: New versus replacement capacity, 1950 - 2050, by region
  • Figure 24: Global generating capacity mix, 1990 - 2050
  • Figure 25: Capacity and generation by each energy source as percent of total, 1990 - 2013
  • Figure 26: Capacity and generation by each energy source as percent of total, 1990 - 2013
  • Figure 27: Power and distribution transformer market value, World by Region, 2013-2020
  • Figure 28: Investment in the Japanese electrical supply industry 1976 - 2010
  • Figure 29: Capital expenditure in the German electrical supply industry, generation and T&D, 1993 - 2012
  • Figure 30: Global market shares of the power and distribution transformer manufacturers
  • Figure 31: Share price decline for European utilities
  • Figure 32: Imports of power transformers (Oil filled ≥ 10 MVA), into the United States from Canada, Mexico and Korea 2000-2013, $ value
  • Figure 33: Diagram of new plus total replacement capacity
  • Figure 34: The global demand cycle and installed generating capacity, 1900 - 2050
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