Global High Power Transformers Market Data and Industry Report

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High Power Transformers Global Market Report 2020 - By Application (Industrial, Commercial, Residential), COVID-19 Impact And Recovery

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Starting Price : $4000.00 | Pages : 150 | Published : March 2020 | SKU CODE : 7389 | Format :

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

Table Of Contents

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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