全球变压器市场规模、份额、成长分析、按应用（电力公用事业、工业）、按变压器类型（电力变压器、配电变压器）- 2024-2031 年产业预测

Global Transformers Market Size, Share, Growth Analysis, By Application(power utilities, industrial), By Type of transformer(power transformers, distribution transformers) - Industry Forecast 2024-2031

出版日期: 2024年04月08日 | 出版商:

SkyQuest | 英文 202 Pages | 商品交期: 3-5个工作天内

价格

简介目录

2022 年全球变压器市场规模为 482 亿美元，预计将从 2023 年的 516.2 亿美元成长到 2031 年的 893.6 亿美元，预测期内（2024-2031 年）复合年增长率为 7.1%。

在城市化、工业化和人口成长等因素的推动下，全球电力需求不断增长，导致变压器的普及率激增。电力部门的这些重要组成部分促进了电力的产生、传输和分配，满足现代社会不断增长的需求。此外，太阳能、风能和水力发电等再生能源的发展进一步增加了对变压器的需求，变压器对于管理长距离电力传输的电压水平至关重要。变压器市场也受惠于智慧电网技术的进步和对能源效率的日益重视，现代变压器整合了数位监控和控制功能，以提高其性能和可靠性。电动车 (EV) 的日益普及是另一个重要驱动因素，需要变压器将电网电力转换为适合电动车充电站的电压。儘管如此，变压器也存在製造和维护成本高等缺点，可能导致消费者电价上涨。此外，它们的尺寸和重量带来了物流方面的挑战，可能会增加安装成本并限制它们在某些领域的使用。

市场概况
北美洲
- 美国
- 加拿大
欧洲
- 德国
- 西班牙
- 法国
- 英国
- 欧洲其他地区
亚太地区
- 中国
- 印度
- 日本
- 韩国
- 亚太其他地区
拉丁美洲
- 巴西
- 拉丁美洲其他地区
中东和非洲 (MEA)
- 海湾合作委员会国家
- 南非
- MEA 的其余部分

竞争格局

前 5 名玩家比较
2021 年关键参与者的市场定位
主要市场参与者所采取的策略
最佳制胜策略
近期市集活动
主要公司市占率（%），2021年

主要公司简介

ABB Ltd.
Siemens AG
Schneider Electric SE
General Electric (GE) Company
Mitsubishi Electric Corporation
Hitachi Ltd.
Toshiba Corporation
Hyundai Electric & Energy Systems Co., Ltd.
Bharat Heavy Electricals Limited (BHEL)
SPX Transformer Solutions, Inc.
Hammond Power Solutions Inc.
SGB-SMIT Group
Virginia Transformer Corp.
Wilson Power Solutions Ltd.
Kirloskar Electric Company Limited
CG Power and Industrial Solutions Limited
TBEA Co., Ltd.
Crompton Greaves Limited (CG)
Schneider Electric India Pvt. Ltd.
HICO America Inc.
In October 2022, NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC LTD, awarded Hitachi Energy India Limited (Hitachi Energy) a contract to supply power transformers for their upcoming 4.75 GW renewable energy park in Gujarat. This renewable energy park is part of India's largest solar park, covering an area of 72,600 hectares in Kutch, and is a significant step towards achieving the country's goal of a carbon-neutral future..

简介目录

Product Code: SQMIG20E2022

Global Transformers Market size was valued at USD 48.2 billion in 2022 and is poised to grow from USD 51.62 billion in 2023 to USD 89.36 billion by 2031, growing at a CAGR of 7.1% during the forecast period (2024-2031).

The increasing global demand for electricity, driven by factors like urbanization, industrialization, and population growth, has led to a surge in popularity for transformers. These essential components of the power sector facilitate the generation, transmission, and distribution of electricity, meeting the rising needs of modern society. Furthermore, the push towards renewable energy sources such as solar, wind, and hydro power has further bolstered the demand for transformers, which are vital for managing voltage levels in the transmission of power over long distances. The transformer market is also benefiting from advancements in smart grid technologies and a growing emphasis on energy efficiency, with modern transformers integrating digital monitoring and control features to enhance their performance and reliability. The increasing adoption of electric vehicles (EVs) is another significant driver, necessitating transformers for converting grid power to suitable voltages for EV charging stations. Nonetheless, transformers come with drawbacks such as high manufacturing and maintenance costs, potentially leading to higher electricity prices for consumers. Moreover, their size and weight pose logistical challenges, potentially increasing installation costs and limiting their use in certain areas.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Transformers Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Transformers Market Segmental Analysis

Global Transformers market is segmented on the basis of application, type of transformer, size, insulation, mounting, winding, and region. Based on application, the market is segmented into power utilities, industrial, commercial, and residential. Based on Type of transformer, the market is segmented into power transformers, distribution transformers, instrument transformers, and specialty transformers. Based on size, the market is segmented into large, medium, and small. Based on insulation, the market is segmented into Liquid immersed, dry type, and solid. Based on mounting, the Transformers Market is segmented into Pad mount transformers and pole mount transformers. Based on winding, the market is segmented into Helical and Cylindrical. By region, the Transformers Market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers of the Global Transformers Market

The global shift towards cleaner and sustainable energy has sparked a significant increase in incorporating renewable energy sources into power grids, necessitating transformers to link intermittent power from sources like wind and solar to the grid, consequently boosting transformer demand. This integration plays a vital role in the worldwide effort to decarbonize and mitigate greenhouse gas emissions. Given that renewable energy sources are frequently situated in remote areas, transmitting the electricity they generate over long distances to meet demand necessitates a robust power transmission infrastructure reliant on transformers to adjust voltage levels accordingly. The escalating demand for renewable energy integration presents transformer manufacturers with opportunities to innovate and develop solutions tailored to the unique attributes of renewable energy sources. For instance, transformers tailored for wind power often feature adaptations to manage the variable output of wind turbines. Consequently, governments and energy companies globally are heavily investing in renewable energy integration, propelling the demand for transformers.

Restraints in the Global Transformers Market

The transformer market faces several constraints that may impede its expansion. These include the considerable expenses involved in both producing and installing transformers, especially those of high voltage or specialized nature, potentially dissuading prospective buyers from investing in new units and hindering market growth. Additionally, transformers demand regular upkeep to maintain optimal performance and reliability, a particularly costly endeavor for large power transformers necessitating specialized equipment and skilled personnel. The substantial upfront costs coupled with ongoing maintenance expenses serve as significant limitations to the transformer market's growth potential. Consequently, stakeholders in the industry must acknowledge these challenges and devise effective strategies to mitigate them, such as exploring more economical manufacturing methods and adopting sustainable maintenance practices.

Market Trends of the Global Transformers Market

The rise in smart transformer technologies adoption is driven by utilities aiming to enhance grid efficiency, reliability, and flexibility. These advanced systems incorporate functionalities like remote monitoring, sophisticated control systems, and condition-based maintenance. Through their implementation, utilities can continuously monitor and control transformers, identifying and addressing potential issues proactively while optimizing their performance. This trend is anticipated to fuel innovation within the transformer market and assist utilities in meeting the escalating electricity demand.

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Transformers Market by Application

Market Overview
power utilities
industrial
commercial
and residential

Global Transformers Market by Type of transformer

Market Overview
power transformers
distribution transformers
instrument transformers
and specialty transformersSizelarge
medium
and smallInsulationLiquid immersed
dry type
and solidMounting Pad mount transformers and pole mount transformersWindingHelical and Cylindrical

Global Transformers Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

ABB Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Siemens AG
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Schneider Electric SE
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
General Electric (GE) Company
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Mitsubishi Electric Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hitachi Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Toshiba Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hyundai Electric & Energy Systems Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bharat Heavy Electricals Limited (BHEL)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
SPX Transformer Solutions, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hammond Power Solutions Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
SGB-SMIT Group
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Virginia Transformer Corp.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Wilson Power Solutions Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Kirloskar Electric Company Limited
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
CG Power and Industrial Solutions Limited
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
TBEA Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Crompton Greaves Limited (CG)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Schneider Electric India Pvt. Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
HICO America Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
In October 2022, NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC LTD, awarded Hitachi Energy India Limited (Hitachi Energy) a contract to supply power transformers for their upcoming 4.75 GW renewable energy park in Gujarat. This renewable energy park is part of India's largest solar park, covering an area of 72,600 hectares in Kutch, and is a significant step towards achieving the country's goal of a carbon-neutral future..
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments