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PUBLISHER: IMARC | PRODUCT CODE: 1451636
PUBLISHER: IMARC | PRODUCT CODE: 1451636
Distribution Transformer Market Report by Insulation Type (Dry, Liquid Immersed), Mounting (Pad, Pole, Underground vault), Phase (Single, Three), Power Rating (Up to 500 kVA, 501 kVA-2500 kVA, Above 2500 kVA), and Region 2024-2032
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The global distribution transformer market size reached US$ 20.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 30.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.54% during 2024-2032.
A distribution transformer, also known as an isolation transformer, is used to alter the high voltage in electric power distribution. It comprises an oil tank, conservator, Buchholz relay, breather unit, oil indicator, temperature detector, pressure relief device, thermal relay, radiator, and bushing. It assists in distributing the power to remote areas, which is generated from the power plants. It also helps reduce the voltage to provide isolation between the two windings as primary and secondary. At present, distribution transformer is commonly available in different sizes and efficiencies.
Distribution Transformer Market Trends:
The increasing electricity consumption and power generation around the world represent one of the major factors positively influencing the demand for distribution transformers. In addition, expanding global population and rising investments in the development of smart cities by governing agencies of numerous countries are driving the application of distribution transformers in commercial, residential, and industrial complexes. In addition, due to the growing environmental concerns and energy security, governing agencies are imposing stringent policies to reduce carbon emissions and encourage the adoption of renewable energy and distribution transformers. The market growth can also be attributed to initiatives undertaken for facilitating the supply of electricity in rural areas. Apart from this, rising sales of electric vehicles (EVs) on account of rapid urbanization and improving income levels are creating a positive outlook for the market. Along with this, the launch of EV charging stations worldwide is offering lucrative growth opportunities to key players operating in the industry. Furthermore, key players are extensively investing in research and development (R&D) activities of transformer production and focusing on upgrading the existing infrastructure to minimize power failures, which is anticipated to provide a favorable market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global distribution transformer market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on insulation type, mounting, phase and power rating.
Breakup by Insulation Type:
Dry
Liquid Immersed
Breakup by Mounting:
Pad
Pole
Underground vault
Breakup by Phase:
Single
Three
Breakup by Power Rating:
Up to 500 kVA
501 kVA-2500 kVA
Above 2500 kVA
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being CG Power and Industrial Solutions Limited (Murugappa Group), Eaton Corporation PLC, EMCO Limited, General Electric, Hammond Power Solutions Inc., Hitachi Energy Ltd, Ormazabal (Velatia S.L.), Schneider Electric, SGB-Smit Group, Siemens AG, Toshiba Energy Systems & Solutions Corporation (Toshiba Corporation), Wilson Power Solutions and Wilson Transformer Company.
Key Questions Answered in This Report
- 1. What was the size of the global distribution transformer market in 2023?
- 2. What is the expected growth rate of the global distribution transformer market during 2024-2032?
- 3. What are the key factors driving the global distribution transformer market?
- 4. What has been the impact of COVID-19 on the global distribution transformer market?
- 5. What is the breakup of the global distribution transformer market based on the insulation type?
- 6. What is the breakup of the global distribution transformer market based on the mounting?
- 7. What is the breakup of the global distribution transformer market based on power rating?
- 8. What are the key regions in the global distribution transformer market?
- 9. Who are the key players/companies in the global distribution transformer market?
Product Code: SR112024A6497
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Distribution Transformer Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Insulation Type
- 6.1 Dry
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Liquid immersed
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Mounting
- 7.1 Pad
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Pole
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Underground vault
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Phase
- 8.1 Single
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Three
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Power Rating
- 9.1 Up to 500 kVA
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 501 kVA-2500 kVA
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Above 2500 kVA
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 CG Power and Industrial Solutions Limited (Murugappa Group)
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Eaton Corporation PLC
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 EMCO Limited
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.4 General Electric
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Hammond Power Solutions Inc.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.6 Hitachi Energy Ltd
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Ormazabal (Velatia S.L.)
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Schneider Electric
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 SGB-Smit Group
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Siemens AG
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11 Toshiba Energy Systems & Solutions Corporation (Toshiba Corporation)
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Wilson Power Solutions
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.13 Wilson Transformer Company
- 15.3.13.1 Company Overview
- 15.3.13.2 Product Portfolio
- 15.3.1 CG Power and Industrial Solutions Limited (Murugappa Group)
Product Code: SR112024A6497
List of Figures
- Figure 1: Global: Distribution Transformer Market: Major Drivers and Challenges
- Figure 2: Global: Distribution Transformer Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Distribution Transformer Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Distribution Transformer Market: Breakup by Insulation Type (in %), 2023
- Figure 5: Global: Distribution Transformer Market: Breakup by Mounting (in %), 2023
- Figure 6: Global: Distribution Transformer Market: Breakup by Phase (in %), 2023
- Figure 7: Global: Distribution Transformer Market: Breakup by Power Rating (in %), 2023
- Figure 8: Global: Distribution Transformer Market: Breakup by Region (in %), 2023
- Figure 9: Global: Distribution Transformer (Dry) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Distribution Transformer (Dry) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Distribution Transformer (Liquid Immersed) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Distribution Transformer (Liquid Immersed) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Distribution Transformer (Pad) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Distribution Transformer (Pad) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Distribution Transformer (Pole) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Distribution Transformer (Pole) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Distribution Transformer (Underground vault) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Distribution Transformer (Underground vault) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Distribution Transformer (Single) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Distribution Transformer (Single) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Distribution Transformer (Three) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Distribution Transformer (Three) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Distribution Transformer (Up to 500 kVA) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Distribution Transformer (Up to 500 kVA) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Distribution Transformer (501 kVA-2500 kVA) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Distribution Transformer (501 kVA-2500 kVA) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Distribution Transformer (Above 2500 kVA) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Distribution Transformer (Above 2500 kVA) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: North America: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: North America: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: United States: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: United States: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Canada: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Canada: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Asia-Pacific: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Asia-Pacific: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: China: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: China: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Japan: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Japan: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: India: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: India: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: South Korea: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: South Korea: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Australia: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Australia: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Indonesia: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Indonesia: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Others: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Others: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Europe: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Europe: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Germany: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Germany: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: France: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: France: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: United Kingdom: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: United Kingdom: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Italy: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Italy: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Spain: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Spain: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Russia: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Russia: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Others: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Others: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Latin America: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Latin America: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Brazil: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Brazil: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Mexico: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Mexico: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Others: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Others: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Middle East and Africa: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Middle East and Africa: Distribution Transformer Market: Breakup by Country (in %), 2023
- Figure 77: Middle East and Africa: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Global: Distribution Transformer Industry: SWOT Analysis
- Figure 79: Global: Distribution Transformer Industry: Value Chain Analysis
- Figure 80: Global: Distribution Transformer Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Distribution Transformer Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Distribution Transformer Market Forecast: Breakup by Insulation Type (in Million US$), 2024-2032
- Table 3: Global: Distribution Transformer Market Forecast: Breakup by Mounting (in Million US$), 2024-2032
- Table 4: Global: Distribution Transformer Market Forecast: Breakup by Phase (in Million US$), 2024-2032
- Table 5: Global: Distribution Transformer Market Forecast: Breakup by Power Rating (in Million US$), 2024-2032
- Table 6: Global: Distribution Transformer Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Distribution Transformer Market: Competitive Structure
- Table 8: Global: Distribution Transformer Market: Key Players
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