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High Power Transformers Global Market Report 2020-30: Covid 19 Impact and Recovery

High Power Transformers
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Starting Price : $4000 | Pages : 150 | Published : March 2020 | SKU CODE : 7389 | Format :


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The high power transformers market consists of sales of high power transformers and related services for electrical insulation, power distribution, control and instrumentation. High power transformers manufacture power transformers with ratings of 801 MVA to 1200 MVA and convert voltages, usually from higher to lower, from one stage or phase configuration to another.

The global high power transformers market was worth $31.75 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 7.39% and reach $42.22 billion by 2023.

The high power transformers market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America, Middle East and Africa. In 2018, Asia-Pacific was the largest region in the high power transformers market.

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 example, a policy such as The One Nation One Grid has been launched by Finance Minister Nirmala Sithraman in the 2019 Union budget for affordable energy to states. The aim of this program was to provide free electricity to the poor and to others at a very low cost.

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.

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, in 2018, The US Department of Energy (DOE) planned to invest $7.5 million to support research and development of smart transformers for grid resiliency. Companies should consider investing in technologies to produce smart transformers for commercial establishments.

In June 2019, Hitachi, Ltd., a Japan-based energy solution provider company acquired 80.1% of ABB’s power grids business for $11 billion. The acquisition was aimed to broaden the product portfolio of Hitachi, by combining ABB’s power grids and to offer enhanced energy solutions globally. ABB is a Switzerland-based company that specializes in manufacturing power grids products such as power transformers.

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

The major players in the global high power transformers market are Alstom, Crompton Greaves Limited, Siemens AG, Eaton, General Electric, Schneider Electric, Hyosung Power & Industrial Systems, Performance Group, Hyundai Heavy Industries, TBEA, Mitsubishi Electric Corporation, Hammond Power Solutions, SPX Transformer Solutions, Jinpan International, Hitachi, SGB-SMIT, Jefferson Electric, CG Power Systems, Toshiba, KOTSONS, Layer Electronics, LS Industrial Systems, Kirloskar Electric, Mace , ALTRAFO, DuPont, ELANTAS, Eremu, Fuji Electric

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

The Global High Power Transformers Market is segmented:
1) By Application: Industrial, Commercial, Residential

    1. Executive Summary

    2. High Power Transformers Market Characteristics

    3. High Power Transformers Market Size And Growth

    3.1. Global High Power Transformers Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global High Power Transformers Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. High Power Transformers Market Segmentation

    4.1. Global High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Industrial

    Commercial

    Residential

    5. High Power Transformers Market Regional And Country Analysis

    5.1. Global High Power Transformers Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global High Power Transformers Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific High Power Transformers Market  

    6.1. Asia-Pacific High Power Transformers Market Overview  

    6.2. Asia-Pacific High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China High Power Transformers Market  

    7.1. China High Power Transformers Market Overview  

    7.2. China High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India High Power Transformers Market  

    8.1. India High Power Transformers Market Overview  

    8.2. India High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan High Power Transformers Market  

    9.1. Japan High Power Transformers Market Overview  

    9.2. Japan High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia High Power Transformers Market  

    10.1. Australia High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia High Power Transformers Market  

    11.1. Indonesia High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea High Power Transformers Market  

    12.1. South Korea High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe High Power Transformers Market  

    13.1. Western Europe High Power Transformers Market Overview

    13.2. Western Europe High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK High Power Transformers Market  

    14.1. UK High Power Transformers Market Overview

    14.2. UK High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany High Power Transformers Market  

    15.1. Germany High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France High Power Transformers Market  

    16.3. France High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe High Power Transformers Market  

    17.1. Eastern Europe High Power Transformers Market Overview

    17.2. Eastern Europe High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia High Power Transformers Market  

    18.1. Russia High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America High Power Transformers Market  

    19.1. North America High Power Transformers Market Overview

    19.2. North America High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA High Power Transformers Market  

    20.1. USA High Power Transformers Market Overview

    20.2. USA High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America High Power Transformers Market  

    21.1. South America High Power Transformers Market Overview

    21.2. South America High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil High Power Transformers Market  

    22.1. Brazil High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East High Power Transformers Market  

    23.1. Middle East High Power Transformers Market Overview

    23.2. Middle East High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa High Power Transformers Market  

    24.1. Africa High Power Transformers Market Overview

    24.2. Africa High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. High Power Transformers Market Competitive Landscape And Company Profiles

    25.1. High Power Transformers Market Competitive Landscape

    25.2. High Power Transformers Market Company Profiles

    25.2.1. Alstom

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. Crompton Greaves Limited

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. Siemens AG

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Eaton

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. General Electric

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

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

    27. High Power Transformers Market Trends And Strategies

    28. High Power Transformers Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global High Power Transformers Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global High Power Transformers Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Asia-Pacific, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: China, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: India, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: Japan, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: Australia, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Indonesia, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: South Korea, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: Western Europe, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: UK, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: Germany, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: France, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: Eastern Europe, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: Russia, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: North America, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: USA, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: South America, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: Brazil, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: Middle East, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Africa, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Alstom Financial Performance
  • Table 26: Crompton Greaves Limited Financial Performance
  • Table 27: Siemens AG Financial Performance
  • Table 28: Eaton Financial Performance
  • Table 29: General Electric Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global High Power Transformers Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global High Power Transformers Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Asia-Pacific, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: China, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: India, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: Japan, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: Australia, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Indonesia, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: South Korea, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: Western Europe, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: UK, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: Germany, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: France, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: Eastern Europe, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: Russia, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: North America, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: USA, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: South America, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: Brazil, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: Middle East, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Africa, High Power Transformers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Alstom Financial Performance
  • Figure 26: Crompton Greaves Limited Financial Performance
  • Figure 27: Siemens AG Financial Performance
  • Figure 28: Eaton Financial Performance
  • Figure 29: General Electric Financial Performance
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