Power Transformers Market - Growth, Future Prospects and Competitive Analysis, 2023

Description

List of Tables

The global market for power transformers is anticipated to expand at a CAGR of 8.1% over the forecast period (2023-2031). The primary function of power transformers is to transport low-voltage generator electricity through distribution channels within the power grid network. It is a fundamental component of the electrical grid that facilitates the frequency-invariant transmission of electricity from one network to another. Economic power generation at low voltage leads to high line currents. High current transmission causes increased line losses. However, effective power transmission is achievable if the voltage of the incoming power is increased. Therefore, a power transformer is mostly used to boost the voltage. These transformers are designed for optimal efficiency at full load and peak load. Transmission voltages have increased as a result of decades of transmission network development.

Rising Global Electricity Demand

Rapid industrialization and rising domestic power demand are driving the expansion of the global market for power transformers. Globally, the demand for power is continually increasing, which has boosted the utilization of energy resources. Consequently, there are now more power plants and large transmission networks throughout the world. The development of new electric vehicles and incentives to utilize them are increasing the automobile industry's electricity usage. The majority of power plants are located in remote places; the generated electricity is carried to substations via HVDC power transmission lines before being supplied to end consumers. The majority of developing nations have underused energy resources, and the majority of poorer nations may benefit from improved power infrastructure. Consequently, the global need for electricity is now driving the global market for power transformers.

Upgrading Existing Transmission Systems

The transmission network is comprised of transmission lines, poles, switch equipment, and power grids. The majority of losses in a power system are attributable to transmission, and increasing the transmission voltage is an ongoing attempt to reduce these losses. Typically, electric power is transported at high voltage to avoid transmission losses (above 115KV). Ultra-High Voltage (UHV) transmission (1100 kilovolts and higher) has prompted a global transmission network upgrade.

India has the ability to transport electricity at 1200KV, while China has been employing UHV DC/AC transmission since 2009. The power transformer is an essential component for joining two networks with different voltages. Transformers connect diverse networks within the power system. Consequently, greater transmission voltages are driving the need for power transformers with larger ratings.

Costly installation, logistics, and supporting infrastructure for transformers

Since copper, steel, and aluminum compose the skeleton of transformers, their respective pricing as raw materials affects the final price of the product. In addition, logistics and installation expenses are considerable, accounting for approximately 25% of the total cost of ownership. Another obstacle is the length of time required to produce power transformers. Power transformers require a significant supporting infrastructure for installation. This expense is even greater for overhead and submerged transformers. All power transformers have protective devices fitted, such as winding thermometers, pressure relays, Buchholz relays, and oil level monitoring devices. Consequently, the cost of these devices, in conjunction with the cost of transportation, installation, and supporting infrastructure, increases the price of a transformer.

Increasing Utilization of Alternative and Renewable Energy Sources to Open New Avenues

The primary drivers of renewable energy production are government restrictions to minimize greenhouse gas emissions, followed by clean energy programs. The principal nonconventional energy sources are nuclear, biomass, and geothermal, whereas the primary renewable energy sources are wind, sun, and hydroelectricity. Using power transformers, these new facilities are incorporated into the existing transmission networks.

Alternating current from a hydroelectric power plant can be converted to high voltage current by the transformer. This transformed energy is distributed to households and businesses through the national grid. Additionally, renewable energy is the fastest-growing energy source in the United States and globally. Solar power is projected to climb from 11% of all renewable energy produced in the United States in 2017 to 48% by 2050, making it the fastest-growing source of electricity.

Transformers are a vital component of the power networks for all non-conventional energy sources, not just wind and solar power plants. In addition to being able to be put underground and underwater, power transformers can be installed at the point of generating for tidal and geothermal power plants. Consequently, the global market for power transformers has long-term growth potential as renewable energy becomes a substantial energy source.

Closed Core Power Transformer Dominated the Market

In 2022, the closed core power transformer market size exceeded $6 billion. In light of the fact that power transformers with a closed core can be utilized in a variety of voltage settings, their market share may increase substantially over the next decade. In addition, the technology's main characteristics, such as sustainable transformation capabilities and effective operational life expectancy, may provide good growth prospects for the closed-core power transformer industry.

Oil-Immersed Transformers to Generate Profitable Revenue

In terms of cooling, the market for oil-immersed power transformers is projected to expand at a CAGR of over 6.1 % through 2031. Transformers immersed in oil give a competitive edge over their contemporaries due to their superior compatibility and cooling performance in high-tension applications. In addition, they are simple to install and have an optimal cooling capacity, which increases the technology's acceptance. In contrast, the sensitivity of these units to leakage may result in health problems and even fire threats to the operation.

The Gas Insulation Market Will Emerge as A Major Development Driver

The gas insulation section of the power transformer market was valued at $4.2 billion in 2022. The diverse range of applications for gas-insulated power transformers in substations with restricted space will drive segment sales. These units can work at high temperatures and can be swiftly and effectively integrated with gas-insulated switchgear, all while posing a reduced risk of environmental and fire dangers. The exceptional product characteristics may generate optimistic growth projections for the power generators business.

Long-Distance Power Transmission Requirements to Stimulate Demand for Transformers With > 500 MVA to 800 MVA

The market for > 500 MVA to 800 MVA-rated power transformers is anticipated to expand at a CAGR of 6.8% during the forecast period. This expansion is attributable to the expanding use of voltage regulators on long-distance transmission lines. In addition, the rapid construction of T&D infrastructure and the increased participation of multiple regions in interregional energy transmission will contribute to the expansion of the business.

The Pole-Mounted Segment Will Constitute a Sizeable Proportion of The Market

In 2022, the pole-mounted category represented more than 31% of the power transformer market due to the numerous benefits associated with pole-mounted transformers, such as their small footprint and minimal space needs. In addition, the high product acceptance rates in rural areas and regions with limited grid access and space constraints to ensure appropriate voltage supply to residences and business facilities would positively impact the sales trajectory of the industry.

Increasing Product Demand for Commercial and Industrial Uses by Expanding Urban Infrastructure

Between 2023 and 2031, the market for power transformers used in commercial and industrial applications is projected to grow at a CAGR of 7.2%. Transformers are essential to the distribution of electrical systems in commercial buildings, as they adjust voltage levels and distribute electrical loads based on their voltage requirements. Increased segment share will result from the expansion of commercial infrastructure, which will be supported by rising urbanization and rapid industrial growth.

Medium Segment to Dominate Market by Rating Analysis

The medium segment is the market's largest contributor and is anticipated to expand at a CAGR of 8.5% over the projected period. Transformers with a medium rating range between 100 and 500 MVA. After receiving energy from higher voltage levels, medium power transformers transform and distribute it to lower voltage substations or straight to large industrial customers. Medium-grade power transformers are utilized for high and extra-high-voltage transmissions. The requirement to modernize transmission lines in order to reduce losses creates a substantial market opportunity for these transformers.

Single Phase Power Dominates the Market by Phase

The primary growth drivers for the power transformer market are the global increase in electricity demand and the growing use of single-phase transformers in the distribution of electricity. Government efforts to extend the electricity transmission network and fast rural development will drive the expansion of the single-phase power transformer market. Due to their safety advantages over liquid-filled transformers, single-phase transformers are widely employed in applications with precise voltage requirements, such as mining, marine, and oil and gas industries. This could auger well for the expansion of the power transformer market.

The Asia-Pacific Region Dominates the Global Marketplace

Asia-Pacific is the largest contributor to the global market for power transformers and is projected to expand at a CAGR of 9.2% over the forecast period. Australia, China, and India are among the Asia-Pacific nations that routinely invest in the power sector to modernize their power systems. Asia-strong Pacific's adoption rate is anticipated to stimulate market growth throughout the forecast period. Australia receives the highest average solar radiation per square meter, making renewable energy use an important growth factor. China and India, two of the world's fastest-growing economies, are also among the leading producers of power and have substantial transmission networks. Both nations have prioritized the development of intelligent grids and the incorporation of renewable energy sources into the national power grid. China has made substantial expenditures in the development of one UHV DC transmission network and three UHV AC transmission networks. In Asia-Pacific nations, the replacement of obsolete equipment has created an extra opportunity.

During the forecast period, North America is anticipated to increase at a CAGR of 7.5%. As a result of its high adoption rate, North America is expected to have greater market expansion than other regions. Due to the existence of numerous power transformer producers, this region can adapt fast to new technology. State Grid in China will implement a project by the Beijing-based Global Energy Interconnection Development and Cooperation Organization (GEIDCO) to merge UHV AC and D.C. transmission. It involves an east-to-west network of 800 kV UHV DC cables that share solar and wind energy extensively across the United States. In contrast, north-south links would provide access to Canada's vast hydroelectric plants for the entire continent. A second UHV DC line spanning 5,200 kilometers from Mexico to Peru could facilitate energy exchanges with South America. Despite the fact that the U.S., Mexico, and Canadian governments are still assessing the project, such investments position North America to present the potential for expanding the worldwide market for power transformers.

Innovation to Remain as the Key to Increase Market Shares

General Electric, Toshiba Energy Systems & Solutions Corporation, Hyosung Heavy Industries, Hyundai Electric & Energy Systems Co., Ltd., Schneider Electric, Mitsubishi Electric Corporation, WEG, CG Power & Industrial Solutions Ltd., CelmeS.r.l., Kirloskar Electric Company, Daihen Corporation, Siemens Energy, Hammond Power Solutions, Bharat Heavy Electricals Limited, Grupo Comtrafo, Pfiffner Group, and JSHP T&D are the leading companies in the global power These industry leaders have engaged in a number of R&D projects to provide efficient and dependable solutions and advance transformer technology. In January 2022, for instance, General Electric introduced a variety of power transformers that support renewable energy. Numerous wind farm projects are installed using transformers such as GE-Mistral-14, 275 kV to 400 kV, two 340 MVA large power transformers, and MBH Power. GE's extensive selection of power transformers with varying voltage levels is utilized in power generation, transmission, and distribution. A few examples of market developments include:

In August 2022, Siemens Mobility revealed its brand-new digital business platform, Siemens Xcelerator, at InnoTrans 2022. Siemens Xcelerator is an open digital business platform designed to create a robust ecosystem of partners that can collaborate to promote digital transformation and sustainability at scale in the mobility industry.

As the demand for green energy develops in May 2022, Schneider Electric contemplated forming collaborations with Indian companies. Indian businesses are interested in forming ties with the French multinational Schneider Electric, a provider of energy management and industrial automation solutions to businesses worldwide.

Historical & Forecast Period

This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Power Transformers market are as follows:

Research and development budgets of manufacturers and government spending

Revenues of key companies in the market segment

Number of end users and consumption volume, price and value.

Geographical revenues generate by countries considered in the report:

Micro and macro environment factors that are currently influencing the Power Transformers market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Core

Closed
Shell
Berry

Winding

Two Winding
Auto Transformer

Cooling

Dry Type
Self Air
Air Blast
Oil Immersed
Self Cooled
Water Cooled
Forced Oil
Others

Insulation

Gas
Oil
Solid
Air
Others

Rating

≤ 100 MVA
> 100 MVA to ≤ 500 MVA
> 500 MVA to ≤ 800 MVA
> 800 MVA

Mounting

Pad
Pole
Others

Application

Residential
Commercial & Industrial
Utility

Phase Type

Single Phase
Three Phase

Region Segment (2021-2031; US$ Million)

North America
- U.S.
- Canada
- Rest of North America

UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe

Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific

Latin America
- Brazil
- Mexico
- Rest of Latin America

Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa

Key questions answered in this report:

What are the key micro and macro environmental factors that are impacting the growth of Power Transformers market?

What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?

Estimated forecast and market projections up to 2031.

Which segment accounts for the fastest CAGR during the forecast period?

Which market segment holds a larger market share and why?

Are low and middle-income economies investing in the Power Transformers market?

Which is the largest regional market for Power Transformers market?

What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?

Which are the key trends driving Power Transformers market growth?

Who are the key competitors and what are their key strategies to enhance their market presence in the Power Transformers market worldwide?

Product Code: 139511-04-23

1. Preface

1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted

2. Executive Summary

2.1. Market Snapshot: Global Power Transformers Market
2.2. Global Power Transformers Market, By Core, 2022 (US$ Million)
2.3. Global Power Transformers Market, By Winding, 2022 (US$ Million)
2.4. Global Power Transformers Market, By Cooling, 2022 (US$ Million)
2.5. Global Power Transformers Market, By Insulation, 2022 (US$ Million)
2.6. Global Power Transformers Market, By Rating, 2022 (US$ Million)
2.7. Global Power Transformers Market, By Mounting, 2022 (US$ Million)
2.8. Global Power Transformers Market, By Application, 2022 (US$ Million)
2.9. Global Power Transformers Market, By Phase Type, 2022 (US$ Million)
2.10. Global Power Transformers Market, By Geography, 2022 (US$ Million)
2.11. Attractive Investment Proposition by Geography, 2022

3. Power Transformers Market: Competitive Analysis

3.1. Market Positioning of Key Power Transformers Market Vendors
3.2. Strategies Adopted by Power Transformers Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2022 Versus 2031

4. Power Transformers Market: Macro Analysis & Market Dynamics

4.1. Introduction
4.2. Global Power Transformers Market Value, 2021 - 2031, (US$ Million)
4.3. Market Dynamics
- 4.3.1. Market Drivers
- 4.3.2. Market Restraints
- 4.3.3. Key Challenges
- 4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis

5. Power Transformers Market: By Core, 2021-2031, USD (Million)

5.1. Market Overview
5.2. Growth & Revenue Analysis: 2022 Versus 2031
5.3. Market Segmentation
- 5.3.1. Closed
- 5.3.2. Shell
- 5.3.3. Berry

6. Power Transformers Market: By Winding, 2021-2031, USD (Million)

6.1. Market Overview
6.2. Growth & Revenue Analysis: 2022 Versus 2031
6.3. Market Segmentation
- 6.3.1. Two Winding
- 6.3.2. Auto Transformer

7. Power Transformers Market: By Cooling, 2021-2031, USD (Million)

7.1. Market Overview
7.2. Growth & Revenue Analysis: 2022 Versus 2031
7.3. Market Segmentation
- 7.3.1. Dry Type
  - 7.3.1.1. Self Air
  - 7.3.1.2. Air Blast
- 7.3.2. Oil Immersed
  - 7.3.2.1. Self Cooled
  - 7.3.2.2. Water Cooled
  - 7.3.2.3. Forced Oil
  - 7.3.2.4. Others

8. Power Transformers Market: By Insulation, 2021-2031, USD (Million)

8.1. Market Overview
8.2. Growth & Revenue Analysis: 2022 Versus 2031
8.3. Market Segmentation
- 8.3.1. Gas
- 8.3.2. Oil
- 8.3.3. Solid
- 8.3.4. Air
- 8.3.5. Others

9. Power Transformers Market: By Rating, 2021-2031, USD (Million)

9.1. Market Overview
9.2. Growth & Revenue Analysis: 2022 Versus 2031
9.3. Market Segmentation
- 9.3.1. ≤ 100 MVA
- 9.3.2. > 100 MVA to ≤ 500 MVA
- 9.3.3. > 500 MVA to ≤ 800 MVA
- 9.3.4. > 800 MVA

10. Power Transformers Market: By Mounting, 2021-2031, USD (Million)

10.1. Market Overview
10.2. Growth & Revenue Analysis: 2022 Versus 2031
10.3. Market Segmentation
- 10.3.1. Pad
- 10.3.2. Pole
- 10.3.3. Others

11. Power Transformers Market: By Application, 2021-2031, USD (Million)

11.1. Market Overview
11.2. Growth & Revenue Analysis: 2022 Versus 2031
11.3. Market Segmentation
- 11.3.1. Residential
- 11.3.2. Commercial & Industrial
- 11.3.3. Utility

12. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)

12.1. Market Overview
12.2. Growth & Revenue Analysis: 2022 Versus 2031
12.3. Market Segmentation
- 12.3.1. Single Phase
- 12.3.2. Three Phase

13. North America Power Transformers Market, 2021-2031, USD (Million)

13.1. Market Overview
13.2. Power Transformers Market: By Core, 2021-2031, USD (Million)
13.3. Power Transformers Market: By Winding, 2021-2031, USD (Million)
13.4. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
13.5. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
13.6. Power Transformers Market: By Rating, 2021-2031, USD (Million)
13.7. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
13.8. Power Transformers Market: By Application, 2021-2031, USD (Million)
13.9. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
13.10.Power Transformers Market: By Region, 2021-2031, USD (Million)
- 13.10.1.North America
  - 13.10.1.1. U.S.
    - 13.10.1.1.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 13.10.1.1.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 13.10.1.1.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 13.10.1.1.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 13.10.1.1.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 13.10.1.1.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 13.10.1.1.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 13.10.1.1.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 13.10.1.2. Canada
    - 13.10.1.2.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 13.10.1.2.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 13.10.1.2.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 13.10.1.2.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 13.10.1.2.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 13.10.1.2.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 13.10.1.2.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 13.10.1.2.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 13.10.1.3. Rest of North America
    - 13.10.1.3.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 13.10.1.3.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 13.10.1.3.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 13.10.1.3.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 13.10.1.3.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 13.10.1.3.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 13.10.1.3.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 13.10.1.3.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)

14. UK and European Union Power Transformers Market, 2021-2031, USD (Million)

14.1. Market Overview
14.2. Power Transformers Market: By Core, 2021-2031, USD (Million)
14.3. Power Transformers Market: By Winding, 2021-2031, USD (Million)
14.4. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
14.5. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
14.6. Power Transformers Market: By Rating, 2021-2031, USD (Million)
14.7. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
14.8. Power Transformers Market: By Application, 2021-2031, USD (Million)
14.9. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
14.10.Power Transformers Market: By Region, 2021-2031, USD (Million)
- 14.10.1.UK and European Union
  - 14.10.1.1. UK
    - 14.10.1.1.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 14.10.1.1.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 14.10.1.1.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 14.10.1.1.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 14.10.1.1.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 14.10.1.1.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 14.10.1.1.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 14.10.1.1.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 14.10.1.2. Germany
    - 14.10.1.2.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 14.10.1.2.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 14.10.1.2.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 14.10.1.2.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 14.10.1.2.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 14.10.1.2.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 14.10.1.2.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 14.10.1.2.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 14.10.1.3. Spain
    - 14.10.1.3.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 14.10.1.3.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 14.10.1.3.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 14.10.1.3.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 14.10.1.3.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 14.10.1.3.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 14.10.1.3.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 14.10.1.3.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 14.10.1.4. Italy
    - 14.10.1.4.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 14.10.1.4.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 14.10.1.4.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 14.10.1.4.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 14.10.1.4.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 14.10.1.4.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 14.10.1.4.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 14.10.1.4.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 14.10.1.5. France
    - 14.10.1.5.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 14.10.1.5.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 14.10.1.5.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 14.10.1.5.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 14.10.1.5.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 14.10.1.5.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 14.10.1.5.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 14.10.1.5.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 14.10.1.6. Rest of Europe
    - 14.10.1.6.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 14.10.1.6.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 14.10.1.6.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 14.10.1.6.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 14.10.1.6.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 14.10.1.6.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 14.10.1.6.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 14.10.1.6.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)

15. Asia Pacific Power Transformers Market, 2021-2031, USD (Million)

15.1. Market Overview
15.2. Power Transformers Market: By Core, 2021-2031, USD (Million)
15.3. Power Transformers Market: By Winding, 2021-2031, USD (Million)
15.4. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
15.5. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
15.6. Power Transformers Market: By Rating, 2021-2031, USD (Million)
15.7. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
15.8. Power Transformers Market: By Application, 2021-2031, USD (Million)
15.9. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
15.10.Power Transformers Market: By Region, 2021-2031, USD (Million)
- 15.10.1.Asia Pacific
  - 15.10.1.1. China
    - 15.10.1.1.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 15.10.1.1.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 15.10.1.1.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 15.10.1.1.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 15.10.1.1.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 15.10.1.1.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 15.10.1.1.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 15.10.1.1.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 15.10.1.2. Japan
    - 15.10.1.2.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 15.10.1.2.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 15.10.1.2.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 15.10.1.2.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 15.10.1.2.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 15.10.1.2.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 15.10.1.2.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 15.10.1.2.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 15.10.1.3. India
    - 15.10.1.3.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 15.10.1.3.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 15.10.1.3.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 15.10.1.3.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 15.10.1.3.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 15.10.1.3.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 15.10.1.3.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 15.10.1.3.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 15.10.1.4. Australia
    - 15.10.1.4.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 15.10.1.4.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 15.10.1.4.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 15.10.1.4.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 15.10.1.4.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 15.10.1.4.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 15.10.1.4.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 15.10.1.4.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 15.10.1.5. South Korea
    - 15.10.1.5.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 15.10.1.5.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 15.10.1.5.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 15.10.1.5.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 15.10.1.5.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 15.10.1.5.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 15.10.1.5.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 15.10.1.5.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 15.10.1.6. Rest of Asia Pacific
    - 15.10.1.6.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 15.10.1.6.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 15.10.1.6.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 15.10.1.6.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 15.10.1.6.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 15.10.1.6.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 15.10.1.6.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 15.10.1.6.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)

16. Latin America Power Transformers Market, 2021-2031, USD (Million)

16.1. Market Overview
16.2. Power Transformers Market: By Core, 2021-2031, USD (Million)
16.3. Power Transformers Market: By Winding, 2021-2031, USD (Million)
16.4. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
16.5. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
16.6. Power Transformers Market: By Rating, 2021-2031, USD (Million)
16.7. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
16.8. Power Transformers Market: By Application, 2021-2031, USD (Million)
16.9. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
16.10.Power Transformers Market: By Region, 2021-2031, USD (Million)
- 16.10.1.Latin America
  - 16.10.1.1. Brazil
    - 16.10.1.1.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 16.10.1.1.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 16.10.1.1.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 16.10.1.1.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 16.10.1.1.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 16.10.1.1.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 16.10.1.1.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 16.10.1.1.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 16.10.1.2. Mexico
    - 16.10.1.2.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 16.10.1.2.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 16.10.1.2.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 16.10.1.2.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 16.10.1.2.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 16.10.1.2.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 16.10.1.2.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 16.10.1.2.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 16.10.1.3. Rest of Latin America
    - 16.10.1.3.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 16.10.1.3.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 16.10.1.3.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 16.10.1.3.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 16.10.1.3.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 16.10.1.3.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 16.10.1.3.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 16.10.1.3.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)

17. Middle East and Africa Power Transformers Market, 2021-2031, USD (Million)

17.1. Market Overview
17.2. Power Transformers Market: By Core, 2021-2031, USD (Million)
17.3. Power Transformers Market: By Winding, 2021-2031, USD (Million)
17.4. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
17.5. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
17.6. Power Transformers Market: By Rating, 2021-2031, USD (Million)
17.7. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
17.8. Power Transformers Market: By Application, 2021-2031, USD (Million)
17.9. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
17.10.Power Transformers Market: By Region, 2021-2031, USD (Million)
- 17.10.1.Middle East and Africa
  - 17.10.1.1. GCC
    - 17.10.1.1.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 17.10.1.1.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 17.10.1.1.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 17.10.1.1.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 17.10.1.1.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 17.10.1.1.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 17.10.1.1.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 17.10.1.1.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 17.10.1.2. Africa
    - 17.10.1.2.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 17.10.1.2.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 17.10.1.2.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 17.10.1.2.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 17.10.1.2.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 17.10.1.2.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 17.10.1.2.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 17.10.1.2.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)
  - 17.10.1.3. Rest of Middle East and Africa
    - 17.10.1.3.1. Power Transformers Market: By Core, 2021-2031, USD (Million)
    - 17.10.1.3.1. Power Transformers Market: By Winding, 2021-2031, USD (Million)
    - 17.10.1.3.1. Power Transformers Market: By Cooling, 2021-2031, USD (Million)
    - 17.10.1.3.1. Power Transformers Market: By Insulation, 2021-2031, USD (Million)
    - 17.10.1.3.1. Power Transformers Market: By Rating, 2021-2031, USD (Million)
    - 17.10.1.3.1. Power Transformers Market: By Mounting, 2021-2031, USD (Million)
    - 17.10.1.3.1. Power Transformers Market: By Application, 2021-2031, USD (Million)
    - 17.10.1.3.1. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)

18. Company Profile

18.1. General Electric
- 18.1.1. Company Overview
- 18.1.2. Financial Performance
- 18.1.3. Product Portfolio
- 18.1.4. Strategic Initiatives
18.2. Toshiba Energy Systems & Solutions Corporation
- 18.2.1. Company Overview
- 18.2.2. Financial Performance
- 18.2.3. Product Portfolio
- 18.2.4. Strategic Initiatives
18.3. Hyosung Heavy Industries
- 18.3.1. Company Overview
- 18.3.2. Financial Performance
- 18.3.3. Product Portfolio
- 18.3.4. Strategic Initiatives
18.4. Hyundai Electric & Energy Systems Co., Ltd.
- 18.4.1. Company Overview
- 18.4.2. Financial Performance
- 18.4.3. Product Portfolio
- 18.4.4. Strategic Initiatives
18.5. Schneider Electric
- 18.5.1. Company Overview
- 18.5.2. Financial Performance
- 18.5.3. Product Portfolio
- 18.5.4. Strategic Initiatives
18.6. Mitsubishi Electric Corporation
- 18.6.1. Company Overview
- 18.6.2. Financial Performance
- 18.6.3. Product Portfolio
- 18.6.4. Strategic Initiatives
18.7. WEG
- 18.7.1. Company Overview
- 18.7.2. Financial Performance
- 18.7.3. Product Portfolio
- 18.7.4. Strategic Initiatives
18.8. CG Power & Industrial Solutions Ltd.
- 18.8.1. Company Overview
- 18.8.2. Financial Performance
- 18.8.3. Product Portfolio
- 18.8.4. Strategic Initiatives
18.9. CelmeS.r.l.
- 18.9.1. Company Overview
- 18.9.2. Financial Performance
- 18.9.3. Product Portfolio
- 18.9.4. Strategic Initiatives
18.10. Kirloskar Electric Company
- 18.10.1. Company Overview
- 18.10.2. Financial Performance
- 18.10.3. Product Portfolio
- 18.10.4. Strategic Initiatives
18.11. Daihen Corporation
- 18.11.1. Company Overview
- 18.11.2. Financial Performance
- 18.11.3. Product Portfolio
- 18.11.4. Strategic Initiatives
18.12. Siemens Energy
- 18.12.1. Company Overview
- 18.12.2. Financial Performance
- 18.12.3. Product Portfolio
- 18.12.4. Strategic Initiatives
18.13. Hammond Power Solutions
- 18.13.1. Company Overview
- 18.13.2. Financial Performance
- 18.13.3. Product Portfolio
- 18.13.4. Strategic Initiatives
18.14. Bharat Heavy Electricals Limited
- 18.14.1. Company Overview
- 18.14.2. Financial Performance
- 18.14.3. Product Portfolio
- 18.14.4. Strategic Initiatives
18.15. Grupo Comtrafo
- 18.15.1. Company Overview
- 18.15.2. Financial Performance
- 18.15.3. Product Portfolio
- 18.15.4. Strategic Initiatives
18.16. Pfiffner Group
- 18.16.1. Company Overview
- 18.16.2. Financial Performance
- 18.16.3. Product Portfolio
- 18.16.4. Strategic Initiatives
18.17. JSHP T&D
- 18.17.1. Company Overview
- 18.17.2. Financial Performance
- 18.17.3. Product Portfolio
- 18.17.4. Strategic Initiatives
18.18. Others
- 18.18.1. Company Overview
- 18.18.2. Financial Performance
- 18.18.3. Product Portfolio
- 18.18.4. Strategic Initiatives

Product Code: 139511-04-23

List of Tables

TABLE 1 Global Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 2 Global Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 3 Global Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 4 Global Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 5 Global Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 6 Global Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 7 Global Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 8 Global Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 9 Global Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 10 Global Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 11 North America Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 12 North America Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 13 North America Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 14 North America Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 15 North America Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 16 North America Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 17 North America Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 18 North America Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 19 North America Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 20 North America Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 21 U.S. Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 22 U.S. Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 23 U.S. Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 24 U.S. Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 25 U.S. Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 26 U.S. Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 27 U.S. Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 28 U.S. Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 29 U.S. Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 30 U.S. Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 31 Canada Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 32 Canada Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 33 Canada Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 34 Canada Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 35 Canada Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 36 Canada Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 37 Canada Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 38 Canada Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 39 Canada Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 40 Canada Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 41 Rest of North America Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 42 Rest of North America Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 43 Rest of North America Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 44 Rest of North America Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 45 Rest of North America Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 46 Rest of North America Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 47 Rest of North America Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 48 Rest of North America Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 49 Rest of North America Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 50 Rest of North America Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 51 UK and European Union Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 52 UK and European Union Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 53 UK and European Union Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 54 UK and European Union Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 55 UK and European Union Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 56 UK and European Union Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 57 UK and European Union Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 58 UK and European Union Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 59 UK and European Union Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 60 UK and European Union Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 61 UK Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 62 UK Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 63 UK Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 64 UK Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 65 UK Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 66 UK Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 67 UK Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 68 UK Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 69 UK Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 70 UK Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 71 Germany Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 72 Germany Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 73 Germany Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 74 Germany Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 75 Germany Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 76 Germany Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 77 Germany Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 78 Germany Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 79 Germany Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 80 Germany Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 81 Spain Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 82 Spain Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 83 Spain Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 84 Spain Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 85 Spain Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 86 Spain Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 87 Spain Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 88 Spain Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 89 Spain Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 90 Spain Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 91 Italy Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 92 Italy Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 93 Italy Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 94 Italy Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 95 Italy Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 96 Italy Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 97 Italy Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 98 Italy Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 99 Italy Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 100 Italy Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 101 France Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 102 France Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 103 France Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 104 France Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 105 France Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 106 France Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 107 France Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 108 France Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 109 France Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 110 France Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 111 Rest of Europe Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 112 Rest of Europe Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 113 Rest of Europe Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 114 Rest of Europe Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 115 Rest of Europe Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 116 Rest of Europe Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 117 Rest of Europe Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 118 Rest of Europe Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 119 Rest of Europe Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 120 Rest of Europe Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 121 Asia Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 122 Asia Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 123 Asia Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 124 Asia Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 125 Asia Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 126 Asia Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 127 Asia Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 128 Asia Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 129 Asia Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 130 Asia Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 131 China Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 132 China Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 133 China Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 134 China Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 135 China Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 136 China Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 137 China Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 138 China Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 139 China Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 140 China Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 141 Japan Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 142 Japan Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 143 Japan Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 144 Japan Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 145 Japan Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 146 Japan Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 147 Japan Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 148 Japan Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 149 Japan Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 150 Japan Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 151 India Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 152 India Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 153 India Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 154 India Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 155 India Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 156 India Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 157 India Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 158 India Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 159 India Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 160 India Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 161 Australia Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 162 Australia Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 163 Australia Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 164 Australia Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 165 Australia Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 166 Australia Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 167 Australia Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 168 Australia Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 169 Australia Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 170 Australia Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 171 South Korea Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 172 South Korea Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 173 South Korea Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 174 South Korea Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 175 South Korea Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 176 South Korea Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 177 South Korea Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 178 South Korea Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 179 South Korea Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 180 South Korea Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 181 Latin America Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 182 Latin America Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 183 Latin America Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 184 Latin America Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 185 Latin America Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 186 Latin America Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 187 Latin America Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 188 Latin America Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 189 Latin America Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 190 Latin America Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 191 Brazil Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 192 Brazil Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 193 Brazil Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 194 Brazil Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 195 Brazil Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 196 Brazil Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 197 Brazil Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 198 Brazil Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 199 Brazil Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 200 Brazil Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 201 Mexico Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 202 Mexico Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 203 Mexico Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 204 Mexico Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 205 Mexico Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 206 Mexico Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 207 Mexico Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 208 Mexico Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 209 Mexico Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 210 Mexico Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 211 Rest of Latin America Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 212 Rest of Latin America Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 213 Rest of Latin America Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 214 Rest of Latin America Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 215 Rest of Latin America Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 216 Rest of Latin America Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 217 Rest of Latin America Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 218 Rest of Latin America Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 219 Rest of Latin America Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 220 Rest of Latin America Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 221 Middle East and Africa Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 222 Middle East and Africa Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 223 Middle East and Africa Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 224 Middle East and Africa Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 225 Middle East and Africa Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 226 Middle East and Africa Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 227 Middle East and Africa Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 228 Middle East and Africa Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 229 Middle East and Africa Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 230 Middle East and Africa Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 231 GCC Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 232 GCC Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 233 GCC Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 234 GCC Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 235 GCC Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 236 GCC Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 237 GCC Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 238 GCC Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 239 GCC Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 240 GCC Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 241 Africa Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 242 Africa Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 243 Africa Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 244 Africa Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 245 Africa Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 246 Africa Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 247 Africa Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 248 Africa Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 249 Africa Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 250 Africa Power Transformers Market By Phase Type, 2021-2031, USD (Million)
TABLE 251 Rest of Middle East and Africa Power Transformers Market By Core, 2021-2031, USD (Million)
TABLE 252 Rest of Middle East and Africa Power Transformers Market By Winding, 2021-2031, USD (Million)
TABLE 253 Rest of Middle East and Africa Power Transformers Market By Cooling, 2021-2031, USD (Million)
TABLE 254 Rest of Middle East and Africa Power Transformers Market By Dry Type, 2021-2031, USD (Million)
TABLE 255 Rest of Middle East and Africa Power Transformers Market By Oil Immersed, 2021-2031, USD (Million)
TABLE 256 Rest of Middle East and Africa Power Transformers Market By Insulation, 2021-2031, USD (Million)
TABLE 257 Rest of Middle East and Africa Power Transformers Market By Rating, 2021-2031, USD (Million)
TABLE 258 Rest of Middle East and Africa Power Transformers Market By Mounting, 2021-2031, USD (Million)
TABLE 259 Rest of Middle East and Africa Power Transformers Market By Application, 2021-2031, USD (Million)
TABLE 260 Rest of Middle East and Africa Power Transformers Market By Phase Type, 2021-2031, USD (Million)

List of Figures

FIG. 1 Global Power Transformers Market: Market Coverage
FIG. 2 Research Methodology and Data Sources
FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
FIG. 4 Global Power Transformers Market: Quality Assurance
FIG. 5 Global Power Transformers Market, By Core, 2022
FIG. 6 Global Power Transformers Market, By Winding, 2022
FIG. 7 Global Power Transformers Market, By Cooling, 2022
FIG. 8 Global Power Transformers Market, By Insulation, 2022
FIG. 9 Global Power Transformers Market, By Rating, 2022
FIG. 10 Global Power Transformers Market, By Mounting, 2022
FIG. 11 Global Power Transformers Market, By Application, 2022
FIG. 12 Global Power Transformers Market, By Phase Type, 2022
FIG. 13 Global Power Transformers Market, By Geography, 2022
FIG. 14 Market Geographical Opportunity Matrix - Global Power Transformers Market, 2022
FIG. 15 Market Positioning of Key Power Transformers Market Players, 2022
FIG. 16 Global Power Transformers Market - Tier Analysis - Percentage of Revenues by Tier Level, 2022 Versus 2031
FIG. 17 Global Power Transformers Market, By Core, 2022 Vs 2031, %
FIG. 18 Global Power Transformers Market, By Winding, 2022 Vs 2031, %
FIG. 19 Global Power Transformers Market, By Cooling, 2022 Vs 2031, %
FIG. 20 Global Power Transformers Market, By Insulation, 2022 Vs 2031, %
FIG. 21 Global Power Transformers Market, By Rating, 2022 Vs 2031, %
FIG. 22 Global Power Transformers Market, By Mounting, 2022 Vs 2031, %
FIG. 23 Global Power Transformers Market, By Application, 2022 Vs 2031, %
FIG. 24 Global Power Transformers Market, By Phase Type, 2022 Vs 2031, %
FIG. 25 U.S. Power Transformers Market (US$ Million), 2021 - 2031
FIG. 26 Canada Power Transformers Market (US$ Million), 2021 - 2031
FIG. 27 Rest of North America Power Transformers Market (US$ Million), 2021 - 2031
FIG. 28 UK Power Transformers Market (US$ Million), 2021 - 2031
FIG. 29 Germany Power Transformers Market (US$ Million), 2021 - 2031
FIG. 30 Spain Power Transformers Market (US$ Million), 2021 - 2031
FIG. 31 Italy Power Transformers Market (US$ Million), 2021 - 2031
FIG. 32 France Power Transformers Market (US$ Million), 2021 - 2031
FIG. 33 Rest of Europe Power Transformers Market (US$ Million), 2021 - 2031
FIG. 34 China Power Transformers Market (US$ Million), 2021 - 2031
FIG. 35 Japan Power Transformers Market (US$ Million), 2021 - 2031
FIG. 36 India Power Transformers Market (US$ Million), 2021 - 2031
FIG. 37 Australia Power Transformers Market (US$ Million), 2021 - 2031
FIG. 38 South Korea Power Transformers Market (US$ Million), 2021 - 2031
FIG. 39 Rest of Asia Power Transformers Market (US$ Million), 2021 - 2031
FIG. 40 Brazil Power Transformers Market (US$ Million), 2021 - 2031
FIG. 41 Mexico Power Transformers Market (US$ Million), 2021 - 2031
FIG. 42 Rest of Latin America Power Transformers Market (US$ Million), 2021 - 2031
FIG. 43 GCC Power Transformers Market (US$ Million), 2021 - 2031
FIG. 44 Africa Power Transformers Market (US$ Million), 2021 - 2031
FIG. 45 Rest of Middle East and Africa Power Transformers Market (US$ Million), 2021 - 2031

Power Transformers Market - Growth, Future Prospects and Competitive Analysis, 2023 - 2031

Description

Table of Contents

List of Tables

Rising Global Electricity Demand

Upgrading Existing Transmission Systems

Costly installation, logistics, and supporting infrastructure for transformers

Increasing Utilization of Alternative and Renewable Energy Sources to Open New Avenues

Closed Core Power Transformer Dominated the Market

Oil-Immersed Transformers to Generate Profitable Revenue

The Gas Insulation Market Will Emerge as A Major Development Driver

Long-Distance Power Transmission Requirements to Stimulate Demand for Transformers With > 500 MVA to 800 MVA

The Pole-Mounted Segment Will Constitute a Sizeable Proportion of The Market

Increasing Product Demand for Commercial and Industrial Uses by Expanding Urban Infrastructure

Medium Segment to Dominate Market by Rating Analysis

Single Phase Power Dominates the Market by Phase

The Asia-Pacific Region Dominates the Global Marketplace

Innovation to Remain as the Key to Increase Market Shares

Historical & Forecast Period

Research Methodology

Geographical revenues generate by countries considered in the report:

Market Segmentation

Core

Winding

Cooling

Insulation

Rating

Mounting

Application

Phase Type

Region Segment (2021-2031; US$ Million)

Key questions answered in this report:

Table of Contents

1. Preface

2. Executive Summary

3. Power Transformers Market: Competitive Analysis

4. Power Transformers Market: Macro Analysis & Market Dynamics

5. Power Transformers Market: By Core, 2021-2031, USD (Million)

6. Power Transformers Market: By Winding, 2021-2031, USD (Million)

7. Power Transformers Market: By Cooling, 2021-2031, USD (Million)

8. Power Transformers Market: By Insulation, 2021-2031, USD (Million)

9. Power Transformers Market: By Rating, 2021-2031, USD (Million)

10. Power Transformers Market: By Mounting, 2021-2031, USD (Million)

11. Power Transformers Market: By Application, 2021-2031, USD (Million)

12. Power Transformers Market: By Phase Type, 2021-2031, USD (Million)

13. North America Power Transformers Market, 2021-2031, USD (Million)

14. UK and European Union Power Transformers Market, 2021-2031, USD (Million)

15. Asia Pacific Power Transformers Market, 2021-2031, USD (Million)

16. Latin America Power Transformers Market, 2021-2031, USD (Million)

17. Middle East and Africa Power Transformers Market, 2021-2031, USD (Million)

18. Company Profile

List of Tables

List of Figures