Market Research Report
China Transformer Market Research Report 2022
|China Transformer Market Research Report 2022|
Published: May 28, 2022
Content info: 168 Pages
Delivery time: 2-3 business days
Market Analysis and Insights: China Transformer Market
Due to the COVID-19 pandemic, the China Transformer market size is estimated to be worth US$ 9,000.72 million in 2022 and is forecast to a readjusted size of US$ 11,301.34 million by 2028 with a CAGR of 3.87% during the review period. Fully considering the economic change by this health crisis, Oil Immersed Transformer accounting for 70.57% of the Transformer China market in 2021, is projected to value US$ 7,142.70 million by 2028, growing at a revised 2.17% CAGR in the post-COVID-19 period. While Power Industry segment is altered to a 3.69% CAGR throughout this forecast period.
In China, the key manufacturers of Transformer include Tbea, China XD Group, Hitachi Energy (ABB), Huapeng Transformer, Siemens, SDEE, and Shandong Dachi Electric, etc. In 2021, the top five players have a share approximately 46.15% in terms of revenue.
China Transformer Scope and Segment
Transformer market is segmented by Type, and by Application. Players, stakeholders, and other participants in the China Transformer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type, and by Application for the period 2017-2028.
Segment by Type
Oil Immersed Transformer
Segment by Application