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High Power Transformers Global Market Report 2023 – By Phase (Single Phase, Three Phase), By Mounting (Pad, Pole, PC/PCB), By Application (Industrial, Commercial, Residential) – Market Size, Trends, And Global Forecast 2023-2032

Starting Price : $4000.00 | Pages : 175 | Published : January 2023 | SKU CODE : r981 | Delivery Time: 2-3 business days | Format :


High power transformers are defined as power transformers with ratings of 801 MVA to 1200 MVA and those which convert voltages, usually from higher to lower, from one stage or phase configuration to another. These high-power transformers are for electrical insulation, power distribution, control, and instrumentation.

The main types in the high-power transformers market is single phase, three phases. The single-phase segment in the high-power transformers market refers to a single-phase that utilizes single-phase alternating current, and the transformer relies on a voltage cycle that operates in a unified time phase. The various mounting techniques are pad, pole, PC/PCB, and others. These are used in industrial, commercial, residential applications.

The high-power transformers market research report is one of a series of new reports from The Business Research Company that provides high-power transformers market statistics, including high-power transformers industry global market size, regional shares, competitors with a high-power transformers market share, detailed high-power transformers market segments, market trends and opportunities, and any further data you may need to thrive in the high-power transformers industry. This high-power transformers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global high power transformers (801 mva to 1200 mva) market will grow from $14.11 billion in 2022 to $14.79 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global high power transformers (801 mva to 1200 mva) market is expected to grow to $17.25 billion in 2027 at a CAGR of 3.9%.

The demand for high-power transformers is driven by the initiatives taken by the government to provide electricity to everyone. Governments across the world are taking initiatives to supply electricity to rural and inaccessible areas, thus increasing the demand for rural electrification. For instance, the Government of India has taken several steps to promote the country's electricity production. For instance, in July 2022, Government of India, launched power sector’s revamped distribution sector scheme. This project will strengthen India's renewable energy goals, commitment, and green transportation aspirations.

Instability in the pricing of raw materials is a major restraint in the high-power transformers market. The instability is due to the volatility in the raw material prices of steel, copper, and crude oil. Additionally, the power transformer prices vary by manufacturer, market conditions, and location of the production facility which also results in conflicts between the manufacturers and the clients. This also has resulted in a geographical shift of some of the key players in the transformers industry by shifting their manufacturing facilities to regions where manufacturing cost is less and has higher demands such as India and China. Therefore, they are restraining the growth of the high-power transformers market globally.

The transformer manufacturing market is moving towards the evolution of independent and self-regulating smart transformers. Smart transformers are programmed to constantly regulate voltage and maintain contact with the stakeholders and provide information and feedback on the power supply. They provide the exact amount of power that is needed and respond to fluctuations through a process known as voltage optimization. They significantly reduce greenhouse gas emissions and power consumption as they supply electrical equipment with the ideal amount of power. For instance, The US Department of Energy (DOE) planned to invest $7.5 million to support the research and development of smart transformers for grid resiliency. Companies should consider investing in technologies to produce smart transformers for commercial establishments.

In June 2021, GE-Prolec Transformers, Inc., a subsidiary of a 50/50 joint venture between General Electric (GE) and Xignux, a Mexico-based private company, acquired SPX Transformer Solutions business for $645 million. This acquisition is expected to expand Prolec GE's position as a significant distribution and power transformer player, offering clients a broader range of products and a more robust next-generation portfolio. SPX Transformer Solutions business is US-based manufacturer of high-power transformers.

Major players in the high-power transformers market are ABB Ltd., Alstom, Crompton Greaves Limited, Siemens AG, Eaton, General Electric, Schneider Electric, Hyosung Power & Industrial Systems, and Performance Group.

Asia-Pacific was the largest region in the high power transformers market in 2022. Western Europe is the second-largest region in the global high power transformers market. The regions covered in the global high-power transformers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the high-power transformers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The high-power transformers market consists of sales of single-phase high-power transformers, three phases high power transformers, and other high-power transformers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The global high power transformers market is segmented -

1) By Phase: Single Phase, Three Phase

2) By Mounting: Pad, Pole, PC/PCB, Other Mountings

3) By Application: Industrial, Commercial, Residential

    Table Of Contents

    1. Executive Summary

    2. High Power Transformers Market Characteristics

    3. High Power Transformers Market – Macro Economic Scenario

    3.1 COVID-19 Impact On High Power Transformers Market

    3.2 Ukraine-Russia War Impact On High Power Transformers Market

    3.3 Impact Of High Inflation On High Power Transformers Market

    4. High Power Transformers Market Size And Growth

    4.1. Global High Power Transformers Historic Market, 2017 - 2022, $ Billion

    4.1.1. Drivers Of The Market

    4.1.2. Restraints On The Market

    4.2. Global High Power Transformers Forecast Market, 2022 - 2027F, 2032F, $ Billion

    4.2.1. Drivers Of The Market

    4.2.2. Restraints On the Market

    5. High Power Transformers Market Segmentation

    5.1. Global High Power Transformers Market, Segmentation By Phase, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Single Phase

    Three Phase

    5.2. Global High Power Transformers Market, Segmentation By Mounting, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Pad

    Pole

    PC/PCB

    Other Mountings

    5.3. Global High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Industrial

    Commercial

    Residential

    6. High Power Transformers Market Regional And Country Analysis

    6.1. Global High Power Transformers Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    6.2. Global High Power Transformers Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    7. Asia-Pacific High Power Transformers Market

    7.1. Asia-Pacific High Power Transformers Market Overview

    7.2. Asia-Pacific High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    8. China High Power Transformers Market

    8.1. China High Power Transformers Market Overview

    8.2. China High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F,$ Billion

    9. India High Power Transformers Market

    9.1. India High Power Transformers Market Overview

    9.2. India High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    10. Japan High Power Transformers Market

    10.1. Japan High Power Transformers Market Overview

    10.2. Japan High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    11. Australia High Power Transformers Market

    11.1. Australia High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    12. Indonesia High Power Transformers Market

    12.1. Indonesia High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    13. South Korea High Power Transformers Market

    13.1. South Korea High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    14. Western Europe High Power Transformers Market

    14.1. Western Europe High Power Transformers Market Overview

    14.2. Western Europe High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    15. UK High Power Transformers Market

    15.1. UK High Power Transformers Market Overview

    15.2. UK High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    16. Germany High Power Transformers Market

    16.1. Germany High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    17. France High Power Transformers Market

    17.3. France High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    18. Eastern Europe High Power Transformers Market

    18.1. Eastern Europe High Power Transformers Market Overview

    18.2. Eastern Europe High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    19. Russia High Power Transformers Market

    19.1. Russia High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    20. North America High Power Transformers Market

    20.1. North America High Power Transformers Market Overview

    20.2. North America High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    21. USA High Power Transformers Market

    21.1. USA High Power Transformers Market Overview

    21.2. USA High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    22. South America High Power Transformers Market

    22.1. South America High Power Transformers Market Overview

    22.2. South America High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    23. Brazil High Power Transformers Market

    23.1. Brazil High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    24. Middle East High Power Transformers Market

    24.1. Middle East High Power Transformers Market Overview

    24.2. Middle East High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    25. Africa High Power Transformers Market

    25.1. Africa High Power Transformers Market Overview

    25.2. Africa High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    26. High Power Transformers Market Competitive Landscape And Company Profiles

    26.1. High Power Transformers Market Competitive Landscape

    26.2. High Power Transformers Market Company Profiles

    26.2.1. Alstom

    25.2.1.1. Overview

    26.2.1.2. Products and Services

    26.2.1.3. Strategy

    26.2.1.4. Financial Performance

    26.2.2. Crompton Greaves Limited

    26.2.2.1. Overview

    26.2.2.2. Products and Services

    26.2.2.3. Strategy

    26.2.2.4. Financial Performance

    26.2.3. Siemens AG

    26.2.3.1. Overview

    2.2.3.2. Products and Services

    26.2.3.3. Strategy

    26.2.3.4. Financial Performance

    26.2.4. Eaton

    26.2.4.1. Overview

    26.2.4.2. Products and Services

    26.2.4.3. Strategy

    26.2.4.4. Financial Performance

    26.2.5. General Electric

    26.2.5.1. Overview

    26.2.5.2. Products and Services

    26.2.5.3. Strategy

    26.2.5.4. Financial Performance

    27. Key Mergers And Acquisitions In The High Power Transformers Market

    28. High Power Transformers Market Trends And Strategies

    29. High Power Transformers Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion
  • Table 3: Global High Power Transformers Market, Segmentation By Phase, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 4: Global High Power Transformers Market, Segmentation By Mounting, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 5: Global High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 6: Global High Power Transformers Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 7: Global High Power Transformers Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 9: China, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 10: India, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 11: Japan, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 12: Australia, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 13: Indonesia, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 14: South Korea, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 15: Western Europe, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 16: UK, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 17: Germany, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 18: France, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 20: Russia, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 21: North America, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 22: USA, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 23: South America, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 24: Brazil, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 25: Middle East, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 26: Africa, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 27: Alstom Financial Performance
  • Table 28: Crompton Greaves Limited Financial Performance
  • Table 29: Siemens AG Financial Performance
  • Table 30: Eaton Financial Performance
  • Table 31: General Electric Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 3: Global High Power Transformers Market, Segmentation By Phase, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 4: Global High Power Transformers Market, Segmentation By Mounting, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 5: Global High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 6: Global High Power Transformers Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 7: Global High Power Transformers Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 9: China, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 10: India, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 11: Japan, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 12: Australia, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 13: Indonesia, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 14: South Korea, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 15: Western Europe, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 16: UK, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 17: Germany, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 18: France, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 20: Russia, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 21: North America, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 22: USA, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 23: South America, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 24: Brazil, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 25: Middle East, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 26: Africa, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 27: Alstom Financial Performance
  • Figure 28: Crompton Greaves Limited Financial Performance
  • Figure 29: Siemens AG Financial Performance
  • Figure 30: Eaton Financial Performance
  • Figure 31: General Electric Financial Performance
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