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High Power Transformers Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players Alstom, Crompton Greaves, Siemens, Eaton

24 Mar, 2022 | 161 Pages
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Acknowledging the kind of traction gained by this market, recently published a study report asserts the global High Power Transformers Market size is projected to accrue voluminously by 2026 registering a phenomenal CAGR of 7.9% during the review period (2022 to 2027).



High Power Transformers Market Overview



The high Power transformer is a type of transformer used primarily to receive low voltage generator electric power and transmit it across distribution channels across the power grid network. It forms a crucial part of the power grid and helps in the transmission of power from one network to the other without change in frequency. 



Generation of electric power in low voltage is cost-effective, but it leads to high line current. The transmission of high currents leads to more line losses. But if the voltage of the incoming power is increased then efficient power transmission is enabled. Hence, a High Power Transformer is mainly used to step up the voltage. Power transformers thus play a vital role in High Power Transmission.



Recent Development



More than 100 Traxx DC3 locomotives sold by Alstom, 85 already delivered and produced in Vado Ligure (SV)



16 March 2022 – Alstom, a global leader in green and smart mobility, continues to expand its supply of the electric locomotives Traxx DC3. Alstom has signed three new supply contracts for Traxx locomotives in the second half of January 2022 for a total of 13 locomotives:



GTS Rail of Bari announced an order for five additional units with Last Mile (LM). These will join the 14 GTS Traxx DC2 (E.483), and the 8 Traxx DC3 locomotives.



The Italian Branch of the leasing Company Railpool ordered five Traxx DC3 LM. These will be in addition to the 10 already in revenue earning service and to the 5 locomotives that Railpool inherited from LOCOITALIA.



The Private Operator Medway Italia bought three Traxx DC3s. The Company fleet will grow to include nine locomotives, three already running, three in ongoing production, and the last three that were ordered in January.



Who are the Major Players in High Power Transformers Market?



The High Power Transformers Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end-users. The three dependencies for the status of major companies in the market are company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Alstom, Crompton Greaves, Siemens, Eaton, General Electric, Toshiba, Jinpan International, Hitachi, SGB-SMIT Group, Hyosung Power, Hyundai Heavy Industries, SPX Transformer Solutions, Mitsubishi Electric Power Product, Kirloskar Electric, Elantas, Altrafo, Eremu, Fuji Electric, Osborne, Neeltran and Others.



What are the major Applications, Types, and Regions for the High Power Transformers Market?



By Type, it is segmented into




  • 800-1000 MVA

  • 1000-1200 MVA

  • Others



By Applications, it is segmented into




  • Industrial

  • Commercial

  • Residential

  • Others



High Power Transformers Market Regional Analysis



Asia-Pacific is a significant market for power transmission and distribution networks. With the largest section of people in the world, power requirement in the region is higher compared to other parts of the world.



With rising per capita electricity consumption of around 0.1 MWh, the electricity demand for the region is expected to increase to nearly 11,000 terawatts by 2025, which, in turn, is likely to boost the power transformer market.



China and India are expected to be the largest markets in the region. Nearly 30 gigawatts (GW) of wind and 60 GW of solar projects are expected to execute in China by 2020. Furthermore, 262 gigavolt ampere of new substations may get installed in the near future.




  •  North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The North American region is expected to hold the largest market share in the High Power Transformers market during the forecast timeframe. Robust infrastructure facilities, stringent government regulations for carbon emissions, sustainable developments, and growing adoption of renewable energy sources are the major factors driving the market growth. Further, the rise in usage of residential and commercial rooftop solar energy technology is propelling market growth.



What is our High Power Transformers Market Report Scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2028 CAGR



CAGR of 7.9 % during the review period (2022 to 2027).



By Type




  • 800-1000 MVA

  • 1000-1200 MVA

  • Others



By Application




  • Industrial

  • Commercial

  • Residential

  • Others



By Companies



Alstom, Crompton Greaves, Siemens, Eaton, General Electric, Toshiba, Jinpan International, Hitachi, SGB-SMIT Group, Hyosung Power, Hyundai Heavy Industries, SPX Transformer Solutions, Mitsubishi Electric Power Product, Kirloskar Electric, Elantas, Altrafo, Eremu, Fuji Electric, Osborne, Neeltran 



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



161



Customization Available



Yes, the report can be customized as per your needs




Key Takeaways from this High Power Transformers Report




  • Evaluate High Power Transformers market potential by analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and by different industries verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.

  • Get in-depth insights on your competitor's performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive into the value augmentation at each, in order to optimize value and bring efficiencies to your processes.

  • Get a quick outlook on the High Power Transformers market entropy - M&As, deals, partnerships, and product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.



Frequently Asked Questions



What is the study period of this market?



The High Power Transformers Market is studied from 2017 - to 2027.



What is the growth rate of the High Power Transformers Market?



The High Power Transformers Market is growing at a CAGR of 7.9% over the next 5 years.



Who are the key players in High Power Transformers Market?



Alstom, Crompton Greaves, Siemens, Eaton, General Electric, Toshiba, Jinpan International, Hitachi, SGB-SMIT Group, Hyosung Power, Hyundai Heavy Industries, SPX Transformer Solutions, Mitsubishi Electric Power Product, Kirloskar Electric, Elantas, Altrafo, Eremu, Fuji Electric, Osborne, Neeltran 



What Regions does this High Power Transformers Market report cover?




  • North America (the United States, Canada, and Mexico)

  • Europe (Germany, France, UK, Russia, and Italy)

  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

  • South  America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of High Power Transformers Market?



• 800-1000 MVA, 1000-1200 MVA, Others



What are the major end-use applications of the High Power Transformers Market?



•  Industrial, Commercial, Residential, Others



All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL HIGH POWER TRANSFORMERS MARKET BY TYPES

    3. HIGH POWER TRANSFORMERS MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR HIGH POWER TRANSFORMERS



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. HIGH POWER TRANSFORMERS GROWTH

      2. APPLICATION OF HIGH POWER TRANSFORMERS



    4. IMPACT OF COVID 19



  5. GLOBAL HIGH POWER TRANSFORMERS MARKET, TYPES

    1. Introduction

    2. 800-1000 MVA

    3. 1000-1200 MVA

    4. Others



  6. GLOBAL HIGH POWER TRANSFORMERS MARKET, BY APPLICATION

    1. Introduction

    2. Industrial

    3. Commercial

    4. Residential

    5. Others



  7. GLOBAL HIGH POWER TRANSFORMERS MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. Alstom

      2. Crompton Greaves

      3. Siemens

      4. Eaton

      5. General Electric

      6. Toshiba

      7. Jinpan International

      8. Hitachi

      9. SGB-SMIT Group

      10. Hyosung Power

      11. Hyundai Heavy Industries

      12. SPX Transformer Solutions

      13. Mitsubishi Electric Power Product

      14. Kirloskar Electric

      15. Elantas

      16. Altrafo

      17. Eremu

      18. Fuji Electric

      19. Osborne

      20. Neeltran





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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