Global Power Transformers Industry

Global Power Transformers Industry

  • February 2020 •
  • 161 pages •
  • Report ID: 5205353 •
  • Format: PDF
Power Transformers market worldwide is projected to grow by US$10.6 Billion, driven by a compounded growth of 5.9%. 100 MVA - 500 MVA, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$22.7 Billion by the year 2025, 100 MVA - 500 MVA will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$374.5 Million to the region’s size and clout in the next 5 to 6 years. Over US$317.1 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, 100 MVA - 500 MVA will reach a market size of US$1.2 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.9% over the next couple of years and add approximately US$2.9 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,
  • ABB Limited
  • ASTOR TRANSFORMER A.S
  • Bemag Transformer, Inc.
  • Bharat Heavy Electricals Limited
  • Bowers Electricals Ltd.
  • CG Power and Industrial Solutions Limited
  • Changzhou XD Transformer Co., Ltd.
  • DAIHEN Corporation
  • Diamond Power Infrastructure Limited
  • EFACEC Group
  • GE Grid Solutions
  • Hammond Power Solutions, Inc.
  • Howard Industries, Inc.
  • Hyosung Heavy Industries
  • Hyundai Electric & Energy Systems Co., Ltd.
  • Imefy Group
  • JSHP Transformer
  • Kirloskar Electric Company Limited
  • KON?AR Group
  • Mitsubishi Electric Corporation
  • Olsun Electrics Corporation
  • Schneider Electric SA
  • SGB-SMIT Group
  • SGB-SMIT Power Matla
  • Shihlin Electric & Engineering Corporation
  • Siemens AG
  • SPX Transformer Solutions, Inc.
  • TBEA Co., Ltd.
  • Toshiba Energy Systems & Solutions Corporation
  • Wilson Power Solutions
  • Wilson Transformer Company
  • Winder Power Ltd.