全球變壓器市場規模、佔有率、成長分析、依應用（電力公用事業、工業）、依變壓器類型（電力變壓器、配電變壓器）- 2024-2031 年產業預測

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個工作天內

價格

簡介目錄

2022 年全球變壓器市場規模為 482 億美元，預計將從 2023 年的 516.2 億美元成長到 2031 年的 893.6 億美元，預測期內（2024-2031 年）複合年成長率為 7.1%。

在城市化、工業化和人口成長等因素的推動下，全球電力需求不斷成長，促使變壓器的普及率激增。電力部門的這些重要組成部分促進了電力的產生、傳輸和分配，滿足現代社會不斷成長的需求。此外，太陽能、風能和水力發電等再生能源的發展進一步增加了對變壓器的需求，變壓器對於管理長距離電力傳輸的電壓水平至關重要。變壓器市場也受惠於智慧電網技術的進步和對能源效率的日益重視，現代變壓器整合了數位監控和控制功能，以提高其性能和可靠性。電動車 (EV) 的日益普及是另一個重要促進因素，需要變壓器將電網電力轉換為適合電動車充電站的電壓。儘管如此，變壓器也存在製造和維護成本高等缺點，可能導致消費者電價上漲。此外，它們的尺寸和重量帶來了物流方面的課題，可能會增加安裝成本並限制它們在某些領域的使用。

市場概況
北美洲
- 美國
- 加拿大
歐洲
- 德國
- 西班牙
- 法國
- 英國
- 歐洲其他地區
亞太地區
- 中國
- 印度
- 日本
- 韓國
- 亞太其他地區
拉丁美洲
- 巴西
- 拉丁美洲其他地區
中東和非洲 (MEA)
- 海灣合作理事會國家
- 南非
- MEA 的其餘部分

競爭格局

前 5 名玩家比較
2021 年關鍵參與者的市場定位
主要市場參與者所採取的策略
最佳制勝策略
近期市集活動
主要公司市佔率（%），2021年

主要公司簡介

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..

簡介目錄

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