Product Code: TMRGL796
TMR's report on the global transformer market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the global transformer market for the period 2017-2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global transformer market from 2022 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the transformer market.
The report delves into the competitive landscape of the global transformer market. Key players operating in the global transformer market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global transformer market profiled in this report.
Table of Contents
1. Preface
- 1.1. Market Introduction
- 1.2. Market and Segment Definitions
- 1.3. Market Taxonomy
- 1.4. Research Methodology
- 1.5. Assumption and Acronyms
2. Executive Summary
- 2.1. Global Transformer Market Overview
- 2.2. Regional Outline
- 2.3. Industry Outline
- 2.4. Market Dynamics Snapshot
- 2.5. Competition Blueprint
3. Market Dynamics
- 3.1. Macro-economic Factors
- 3.2. Drivers
- 3.3. Restraints
- 3.4. Opportunities
- 3.5. Key Trends
- 3.6. Regulatory Scenario
4. Associated Industry and Key Indicator Assessment
- 4.1. Parent Industry Overview - Global Power Industry Overview
- 4.2. Supply Chain Analysis
- 4.3. Pricing Trend Analysis
- 4.4. Technology Roadmap Analysis
- 4.5. Industry SWOT Analysis
- 4.6. Porter Five Forces Analysis
- 4.7. Covid-19 Impact and Recovery Analysis
5. Transformer Market Analysis By Type
- 5.1. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Type, 2017-2031
- 5.1.1. Power Transformer
- 5.1.2. Distribution Transformer
- 5.1.3. Instrument Transformer
- 5.1.4. Electronic Transformer
- 5.1.5. Others
- 5.2. Market Attractiveness Analysis, By Type
6. Transformer Market Analysis By Voltage Range
- 6.1. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Voltage Range, 2017-2031
- 6.1.1. Up to 500 VA
- 6.1.2. 501 VA to 1 kVA
- 6.1.3. 2 kVA to 5000 kVA
- 6.1.4. 5001 kVA to 1000 MVA
- 6.1.5. 1001 MVA to 1500 MVA
- 6.1.6. Above 1500 MVA
- 6.2. Market Attractiveness Analysis, By Voltage Range
7. Transformer Market Analysis By Cooling
- 7.1. Transformer Market Size (US$ Bn) Analysis & Forecast, By Cooling, 2017-2031
- 7.1.1. Dry Type
- 7.1.2. Oil Immersed
- 7.2. Market Attractiveness Analysis, By Cooling
8. Transformer Market Analysis By Phase
- 8.1. Transformer Market Size (US$ Bn) Analysis & Forecast, By Phase, 2017-2031
- 8.1.1. Single Phase
- 8.1.2. Three Phase
- 8.2. Market Attractiveness Analysis, By Phase
9. Transformer Market Analysis By Application
- 9.1. Transformer Market Size (US$ Bn) Analysis & Forecast, By Application, 2017-2031
- 9.1.1. Residential
- 9.1.2. Commercial
- 9.1.3. Industrial
- 9.1.3.1. Automotive & Transportation
- 9.1.3.2. Oil & Gas
- 9.1.3.3. Aerospace & Defense
- 9.1.3.4. Metal & Mining
- 9.1.3.5. IT & Telecommunication
- 9.1.3.6. Chemicals
- 9.1.3.7. Others
- 9.2. Market Attractiveness Analysis, By Application
10. Transformer Market Analysis and Forecast, By Region
- 10.1. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Region, 2017-2031
- 10.1.1. North America
- 10.1.2. Europe
- 10.1.3. Asia Pacific
- 10.1.4. Middle East & Africa
- 10.1.5. South America
- 10.2. Market Attractiveness Analysis, By Region
11. North America Transformer Market Analysis and Forecast
- 11.1. Market Snapshot
- 11.2. Drivers and Restraints: Impact Analysis
- 11.3. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Type, 2017-2031
- 11.3.1. Power Transformer
- 11.3.2. Distribution Transformer
- 11.3.3. Instrument Transformer
- 11.3.4. Electronic Transformer
- 11.3.5. Others
- 11.4. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Voltage Range, 2017-2031
- 11.4.1. Up to 500 VA
- 11.4.2. 501 VA to 1 kVA
- 11.4.3. 2 kVA to 5000 kVA
- 11.4.4. 5001 kVA to 1000 MVA
- 11.4.5. 1001 MVA to 1500 MVA
- 11.4.6. Above 1500 MVA
- 11.5. Transformer Market Size (US$ Bn) Analysis & Forecast, By Cooling, 2017-2031
- 11.5.1. Dry Type
- 11.5.2. Oil Immersed
- 11.6. Transformer Market Size (US$ Bn) Analysis & Forecast, By Phase, 2017-2031
- 11.6.1. Single Phase
- 11.6.2. Three Phase
- 11.7. Transformer Market Size (US$ Bn) Analysis & Forecast, By Application, 2017-2031
- 11.7.1. Residential
- 11.7.2. Commercial
- 11.7.3. Industrial
- 11.7.3.1. Automotive & Transportation
- 11.7.3.2. Oil & Gas
- 11.7.3.3. Aerospace & Defense
- 11.7.3.4. Metal & Mining
- 11.7.3.5. IT & Telecommunication
- 11.7.3.6. Chemicals
- 11.7.3.7. Others
- 11.8. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
- 11.8.1. The U.S.
- 11.8.2. Canada
- 11.8.3. Rest of North America
- 11.9. Market Attractiveness Analysis
- 11.9.1. By Type
- 11.9.2. By Voltage Range
- 11.9.3. By Cooling
- 11.9.4. By Phase
- 11.9.5. By Application
- 11.9.6. By Country/Sub-region
12. Europe Transformer Market Analysis and Forecast
- 12.1. Market Snapshot
- 12.2. Drivers and Restraints: Impact Analysis
- 12.3. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Type, 2017-2031
- 12.3.1. Power Transformer
- 12.3.2. Distribution Transformer
- 12.3.3. Instrument Transformer
- 12.3.4. Electronic Transformer
- 12.3.5. Others
- 12.4. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Voltage Range, 2017-2031
- 12.4.1. Up to 500 VA
- 12.4.2. 501 VA to 1 kVA
- 12.4.3. 2 kVA to 5000 kVA
- 12.4.4. 5001 kVA to 1000 MVA
- 12.4.5. 1001 MVA to 1500 MVA
- 12.4.6. Above 1500 MVA
- 12.5. Transformer Market Size (US$ Bn) Analysis & Forecast, By Cooling, 2017-2031
- 12.5.1. Dry Type
- 12.5.2. Oil Immersed
- 12.6. Transformer Market Size (US$ Bn) Analysis & Forecast, By Phase, 2017-2031
- 12.6.1. Single Phase
- 12.6.2. Three Phase
- 12.7. Transformer Market Size (US$ Bn) Analysis & Forecast, By Application, 2017-2031
- 12.7.1. Residential
- 12.7.2. Commercial
- 12.7.3. Industrial
- 12.7.3.1. Automotive & Transportation
- 12.7.3.2. Oil & Gas
- 12.7.3.3. Aerospace & Defense
- 12.7.3.4. Metal & Mining
- 12.7.3.5. IT & Telecommunication
- 12.7.3.6. Chemicals
- 12.7.3.7. Others
- 12.8. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
- 12.8.1. The U.K.
- 12.8.2. Germany
- 12.8.3. France
- 12.8.4. Rest of Europe
- 12.9. Market Attractiveness Analysis
- 12.9.1. By Type
- 12.9.2. By Voltage Range
- 12.9.3. By Cooling
- 12.9.4. By Phase
- 12.9.5. By Application
- 12.9.6. By Country/Sub-region
13. Asia Pacific Transformer Market Analysis and Forecast
- 13.1. Market Snapshot
- 13.2. Drivers and Restraints: Impact Analysis
- 13.3. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Type, 2017-2031
- 13.3.1. Power Transformer
- 13.3.2. Distribution Transformer
- 13.3.3. Instrument Transformer
- 13.3.4. Electronic Transformer
- 13.3.5. Others
- 13.4. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Voltage Range, 2017-2031
- 13.4.1. Up to 500 VA
- 13.4.2. 501 VA to 1 kVA
- 13.4.3. 2 kVA to 5000 kVA
- 13.4.4. 5001 kVA to 1000 MVA
- 13.4.5. 1001 MVA to 1500 MVA
- 13.4.6. Above 1500 MVA
- 13.5. Transformer Market Size (US$ Bn) Analysis & Forecast, By Cooling, 2017-2031
- 13.5.1. Dry Type
- 13.5.2. Oil Immersed
- 13.6. Transformer Market Size (US$ Bn) Analysis & Forecast, By Phase, 2017-2031
- 13.6.1. Single Phase
- 13.6.2. Three Phase
- 13.7. Transformer Market Size (US$ Bn) Analysis & Forecast, By Application, 2017-2031
- 13.7.1. Residential
- 13.7.2. Commercial
- 13.7.3. Industrial
- 13.7.3.1. Automotive & Transportation
- 13.7.3.2. Oil & Gas
- 13.7.3.3. Aerospace & Defense
- 13.7.3.4. Metal & Mining
- 13.7.3.5. IT & Telecommunication
- 13.7.3.6. Chemicals
- 13.7.3.7. Others
- 13.8. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
- 13.8.1. China
- 13.8.2. Japan
- 13.8.3. India
- 13.8.4. South Korea
- 13.8.5. ASEAN
- 13.8.6. Rest of Asia Pacific
- 13.9. Market Attractiveness Analysis
- 13.9.1. By Type
- 13.9.2. By Voltage Range
- 13.9.3. By Cooling
- 13.9.4. By Phase
- 13.9.5. By Application
- 13.9.6. By Country/Sub-region
14. Middle East and Africa Transformer Market Analysis and Forecast
- 14.1. Market Snapshot
- 14.2. Drivers and Restraints: Impact Analysis
- 14.3. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Type, 2017-2031
- 14.3.1. Power Transformer
- 14.3.2. Distribution Transformer
- 14.3.3. Instrument Transformer
- 14.3.4. Electronic Transformer
- 14.3.5. Others
- 14.4. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Voltage Range, 2017-2031
- 14.4.1. Up to 500 VA
- 14.4.2. 501 VA to 1 kVA
- 14.4.3. 2 kVA to 5000 kVA
- 14.4.4. 5001 kVA to 1000 MVA
- 14.4.5. 1001 MVA to 1500 MVA
- 14.4.6. Above 1500 MVA
- 14.5. Transformer Market Size (US$ Bn) Analysis & Forecast, By Cooling, 2017-2031
- 14.5.1. Dry Type
- 14.5.2. Oil Immersed
- 14.6. Transformer Market Size (US$ Bn) Analysis & Forecast, By Phase, 2017-2031
- 14.6.1. Single Phase
- 14.6.2. Three Phase
- 14.7. Transformer Market Size (US$ Bn) Analysis & Forecast, By Application, 2017-2031
- 14.7.1. Residential
- 14.7.2. Commercial
- 14.7.3. Industrial
- 14.7.3.1. Automotive & Transportation
- 14.7.3.2. Oil & Gas
- 14.7.3.3. Aerospace & Defense
- 14.7.3.4. Metal & Mining
- 14.7.3.5. IT & Telecommunication
- 14.7.3.6. Chemicals
- 14.7.3.7. Others
- 14.8. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
- 14.8.1. GCC
- 14.8.2. South Africa
- 14.8.3. Rest of Middle East and Africa
- 14.9. Market Attractiveness Analysis
- 14.9.1. By Type
- 14.9.2. By Voltage Range
- 14.9.3. By Cooling
- 14.9.4. By Phase
- 14.9.5. By Application
- 14.9.6. By Country/Sub-region
15. South America Transformer Market Analysis and Forecast
- 15.1. Market Snapshot
- 15.2. Drivers and Restraints: Impact Analysis
- 15.3. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Type, 2017-2031
- 15.3.1. Power Transformer
- 15.3.2. Distribution Transformer
- 15.3.3. Instrument Transformer
- 15.3.4. Electronic Transformer
- 15.3.5. Others
- 15.4. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Voltage Range, 2017-2031
- 15.4.1. Up to 500 VA
- 15.4.2. 501 VA to 1 kVA
- 15.4.3. 2 kVA to 5000 kVA
- 15.4.4. 5001 kVA to 1000 MVA
- 15.4.5. 1001 MVA to 1500 MVA
- 15.4.6. Above 1500 MVA
- 15.5. Transformer Market Size (US$ Bn) Analysis & Forecast, By Cooling, 2017-2031
- 15.5.1. Dry Type
- 15.5.2. Oil Immersed
- 15.6. Transformer Market Size (US$ Bn) Analysis & Forecast, By Phase, 2017-2031
- 15.6.1. Single Phase
- 15.6.2. Three Phase
- 15.7. Transformer Market Size (US$ Bn) Analysis & Forecast, By Application, 2017-2031
- 15.7.1. Residential
- 15.7.2. Commercial
- 15.7.3. Industrial
- 15.7.3.1. Automotive & Transportation
- 15.7.3.2. Oil & Gas
- 15.7.3.3. Aerospace & Defense
- 15.7.3.4. Metal & Mining
- 15.7.3.5. IT & Telecommunication
- 15.7.3.6. Chemicals
- 15.7.3.7. Others
- 15.8. Transformer Market Size (US$ Bn) and Volume (Thousand Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
- 15.8.1. Brazil
- 15.8.2. Rest of South America
- 15.9. Market Attractiveness Analysis
- 15.9.1. By Type
- 15.9.2. By Voltage Range
- 15.9.3. By Cooling
- 15.9.4. By Phase
- 15.9.5. By Application
- 15.9.6. By Country/Sub-region
16. Competition Assessment
- 16.1. Global Transformer Market Competition Matrix - a Dashboard View
- 16.1.1. Global Transformer Market Company Share Analysis, by Value (2021)
- 16.1.2. Technological Differentiator
17. Company Profiles (Global Manufacturers/Suppliers)
- 17.1. Eaton
- 17.1.1. Overview
- 17.1.2. Product Portfolio
- 17.1.3. Sales Footprint
- 17.1.4. Key Subsidiaries or Distributors
- 17.1.5. Strategy and Recent Developments
- 17.1.6. Key Financials
- 17.2. GE
- 17.2.1. Overview
- 17.2.2. Product Portfolio
- 17.2.3. Sales Footprint
- 17.2.4. Key Subsidiaries or Distributors
- 17.2.5. Strategy and Recent Developments
- 17.2.6. Key Financials
- 17.3. Hitachi Energy Ltd.
- 17.3.1. Overview
- 17.3.2. Product Portfolio
- 17.3.3. Sales Footprint
- 17.3.4. Key Subsidiaries or Distributors
- 17.3.5. Strategy and Recent Developments
- 17.3.6. Key Financials
- 17.4. HYUNDAI ELECTRIC & ENERGY SYSTEMS CO., LTD.
- 17.4.1. Overview
- 17.4.2. Product Portfolio
- 17.4.3. Sales Footprint
- 17.4.4. Key Subsidiaries or Distributors
- 17.4.5. Strategy and Recent Developments
- 17.4.6. Key Financials
- 17.5. Kirloskar Electric Company
- 17.5.1. Overview
- 17.5.2. Product Portfolio
- 17.5.3. Sales Footprint
- 17.5.4. Key Subsidiaries or Distributors
- 17.5.5. Strategy and Recent Developments
- 17.5.6. Key Financials
- 17.6. Mitsubishi Electric Corporation
- 17.6.1. Overview
- 17.6.2. Product Portfolio
- 17.6.3. Sales Footprint
- 17.6.4. Key Subsidiaries or Distributors
- 17.6.5. Strategy and Recent Developments
- 17.6.6. Key Financials
- 17.7. Rockwell Automation, Inc.
- 17.7.1. Overview
- 17.7.2. Product Portfolio
- 17.7.3. Sales Footprint
- 17.7.4. Key Subsidiaries or Distributors
- 17.7.5. Strategy and Recent Developments
- 17.7.6. Key Financials
- 17.8. Schneider Electric
- 17.8.1. Overview
- 17.8.2. Product Portfolio
- 17.8.3. Sales Footprint
- 17.8.4. Key Subsidiaries or Distributors
- 17.8.5. Strategy and Recent Developments
- 17.8.6. Key Financials
- 17.9. Siemens Energy
- 17.9.1. Overview
- 17.9.2. Product Portfolio
- 17.9.3. Sales Footprint
- 17.9.4. Key Subsidiaries or Distributors
- 17.9.5. Strategy and Recent Developments
- 17.9.6. Key Financials
- 17.10. TDK Corporation
- 17.10.1. Overview
- 17.10.2. Product Portfolio
- 17.10.3. Sales Footprint
- 17.10.4. Key Subsidiaries or Distributors
- 17.10.5. Strategy and Recent Developments
- 17.10.6. Key Financials
- 17.11. Toshiba Energy Systems & Solutions Corporation
- 17.11.1. Overview
- 17.11.2. Product Portfolio
- 17.11.3. Sales Footprint
- 17.11.4. Key Subsidiaries or Distributors
- 17.11.5. Strategy and Recent Developments
- 17.11.6. Key Financials
18. Recommendation
- 18.1. Opportunity Assessment
- 18.1.1. By Type
- 18.1.2. By Voltage Range
- 18.1.3. By Cooling
- 18.1.4. By Phase
- 18.1.5. By Application
- 18.1.6. By Region