Global Transformers Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030

Global Transformers Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030


A transformer is an electrical device that transfers energy between two or more circuits through electromagnetic induction. In grid networks, two main types of transformers are used – power transformers and distribution transformers.

According to APO Research, The global Transformers market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

Asia-Pacific is the largest Transformers market with about 49% market share. Europe is follower, accounting for about 21% market share.

The key players are ABB, TBEA, SIEMENS, GE, JSHP Transformer, Schneider, Sanbian Sci-Tech, SGB-SMIT, TOSHIBA, Qingdao Transformer Group, Mitsubishi Electric, SPX, Eaton, Efacec, Hitachi, Alstom, Crompton Greaves, Sunten Electric, Daihen, Fuji Electric, Qiantang River Electric, ZTR, Dachi Electric, Hyundai, Luneng, Tianwei Group, Hyosung etc. Top 3 companies occupied about 22% market share.

In terms of production side, this report researches the Transformers production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Transformers by region (region level and country level), by company, by type and by application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Transformers, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Transformers, also provides the consumption of main regions and countries. Of the upcoming market potential for Transformers, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Transformers sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Transformers market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Transformers sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including ABB, TBEA, SIEMENS, GE, JSHP Transformer, Schneider, Sanbian Sci-Tech, SGB-SMIT and TOSHIBA, etc.

Transformers segment by Company

ABB
TBEA
SIEMENS
GE
JSHP Transformer
Schneider
Sanbian Sci-Tech
SGB-SMIT
TOSHIBA
Qingdao Transformer Group
Mitsubishi Electric
SPX
Eaton
Efacec
Hitachi
Alstom
Crompton Greaves
Sunten Electric
Daihen
Fuji Electric
Qiantang River Electric
ZTR
Dachi Electric
Hyundai
Luneng
Tianwei Group
Hyosung

Transformers segment by Type

Power Transformer
Distribution Transformer
Others

Transformers segment by Application

Power Industry
Metallurgy Industry
Petrochemicals Industry
Railways Industry
Urban Construction

Transformers segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Transformers market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Transformers and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Transformers.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Transformers market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Transformers industry.
Chapter 3: Detailed analysis of Transformers market competition landscape. Including Transformers manufacturers' output value, output and average price from 2019 to 2024, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Transformers by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Transformers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Transformers Production Value Estimates and Forecasts (2019-2030)
1.2.2 Global Transformers Production Capacity Estimates and Forecasts (2019-2030)
1.2.3 Global Transformers Production Estimates and Forecasts (2019-2030)
1.2.4 Global Transformers Market Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global Transformers Market Dynamics
2.1 Transformers Industry Trends
2.2 Transformers Industry Drivers
2.3 Transformers Industry Opportunities and Challenges
2.4 Transformers Industry Restraints
3 Transformers Market by Manufacturers
3.1 Global Transformers Production Value by Manufacturers (2019-2024)
3.2 Global Transformers Production by Manufacturers (2019-2024)
3.3 Global Transformers Average Price by Manufacturers (2019-2024)
3.4 Global Transformers Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Transformers Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Transformers Manufacturers, Product Type & Application
3.7 Global Transformers Manufacturers Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Transformers Market CR5 and HHI
3.8.2 Global Top 5 and 10 Transformers Players Market Share by Production Value in 2023
3.8.3 2023 Transformers Tier 1, Tier 2, and Tier 3
4 Transformers Market by Type
4.1 Transformers Type Introduction
4.1.1 Power Transformer
4.1.2 Distribution Transformer
4.1.3 Others
4.2 Global Transformers Production by Type
4.2.1 Global Transformers Production by Type (2019 VS 2023 VS 2030)
4.2.2 Global Transformers Production by Type (2019-2030)
4.2.3 Global Transformers Production Market Share by Type (2019-2030)
4.3 Global Transformers Production Value by Type
4.3.1 Global Transformers Production Value by Type (2019 VS 2023 VS 2030)
4.3.2 Global Transformers Production Value by Type (2019-2030)
4.3.3 Global Transformers Production Value Market Share by Type (2019-2030)
5 Transformers Market by Application
5.1 Transformers Application Introduction
5.1.1 Power Industry
5.1.2 Metallurgy Industry
5.1.3 Petrochemicals Industry
5.1.4 Railways Industry
5.1.5 Urban Construction
5.2 Global Transformers Production by Application
5.2.1 Global Transformers Production by Application (2019 VS 2023 VS 2030)
5.2.2 Global Transformers Production by Application (2019-2030)
5.2.3 Global Transformers Production Market Share by Application (2019-2030)
5.3 Global Transformers Production Value by Application
5.3.1 Global Transformers Production Value by Application (2019 VS 2023 VS 2030)
5.3.2 Global Transformers Production Value by Application (2019-2030)
5.3.3 Global Transformers Production Value Market Share by Application (2019-2030)
6 Company Profiles
6.1 ABB
6.1.1 ABB Comapny Information
6.1.2 ABB Business Overview
6.1.3 ABB Transformers Production, Value and Gross Margin (2019-2024)
6.1.4 ABB Transformers Product Portfolio
6.1.5 ABB Recent Developments
6.2 TBEA
6.2.1 TBEA Comapny Information
6.2.2 TBEA Business Overview
6.2.3 TBEA Transformers Production, Value and Gross Margin (2019-2024)
6.2.4 TBEA Transformers Product Portfolio
6.2.5 TBEA Recent Developments
6.3 SIEMENS
6.3.1 SIEMENS Comapny Information
6.3.2 SIEMENS Business Overview
6.3.3 SIEMENS Transformers Production, Value and Gross Margin (2019-2024)
6.3.4 SIEMENS Transformers Product Portfolio
6.3.5 SIEMENS Recent Developments
6.4 GE
6.4.1 GE Comapny Information
6.4.2 GE Business Overview
6.4.3 GE Transformers Production, Value and Gross Margin (2019-2024)
6.4.4 GE Transformers Product Portfolio
6.4.5 GE Recent Developments
6.5 JSHP Transformer
6.5.1 JSHP Transformer Comapny Information
6.5.2 JSHP Transformer Business Overview
6.5.3 JSHP Transformer Transformers Production, Value and Gross Margin (2019-2024)
6.5.4 JSHP Transformer Transformers Product Portfolio
6.5.5 JSHP Transformer Recent Developments
6.6 Schneider
6.6.1 Schneider Comapny Information
6.6.2 Schneider Business Overview
6.6.3 Schneider Transformers Production, Value and Gross Margin (2019-2024)
6.6.4 Schneider Transformers Product Portfolio
6.6.5 Schneider Recent Developments
6.7 Sanbian Sci-Tech
6.7.1 Sanbian Sci-Tech Comapny Information
6.7.2 Sanbian Sci-Tech Business Overview
6.7.3 Sanbian Sci-Tech Transformers Production, Value and Gross Margin (2019-2024)
6.7.4 Sanbian Sci-Tech Transformers Product Portfolio
6.7.5 Sanbian Sci-Tech Recent Developments
6.8 SGB-SMIT
6.8.1 SGB-SMIT Comapny Information
6.8.2 SGB-SMIT Business Overview
6.8.3 SGB-SMIT Transformers Production, Value and Gross Margin (2019-2024)
6.8.4 SGB-SMIT Transformers Product Portfolio
6.8.5 SGB-SMIT Recent Developments
6.9 TOSHIBA
6.9.1 TOSHIBA Comapny Information
6.9.2 TOSHIBA Business Overview
6.9.3 TOSHIBA Transformers Production, Value and Gross Margin (2019-2024)
6.9.4 TOSHIBA Transformers Product Portfolio
6.9.5 TOSHIBA Recent Developments
6.10 Qingdao Transformer Group
6.10.1 Qingdao Transformer Group Comapny Information
6.10.2 Qingdao Transformer Group Business Overview
6.10.3 Qingdao Transformer Group Transformers Production, Value and Gross Margin (2019-2024)
6.10.4 Qingdao Transformer Group Transformers Product Portfolio
6.10.5 Qingdao Transformer Group Recent Developments
6.11 Mitsubishi Electric
6.11.1 Mitsubishi Electric Comapny Information
6.11.2 Mitsubishi Electric Business Overview
6.11.3 Mitsubishi Electric Transformers Production, Value and Gross Margin (2019-2024)
6.11.4 Mitsubishi Electric Transformers Product Portfolio
6.11.5 Mitsubishi Electric Recent Developments
6.12 SPX
6.12.1 SPX Comapny Information
6.12.2 SPX Business Overview
6.12.3 SPX Transformers Production, Value and Gross Margin (2019-2024)
6.12.4 SPX Transformers Product Portfolio
6.12.5 SPX Recent Developments
6.13 Eaton
6.13.1 Eaton Comapny Information
6.13.2 Eaton Business Overview
6.13.3 Eaton Transformers Production, Value and Gross Margin (2019-2024)
6.13.4 Eaton Transformers Product Portfolio
6.13.5 Eaton Recent Developments
6.14 Efacec
6.14.1 Efacec Comapny Information
6.14.2 Efacec Business Overview
6.14.3 Efacec Transformers Production, Value and Gross Margin (2019-2024)
6.14.4 Efacec Transformers Product Portfolio
6.14.5 Efacec Recent Developments
6.15 Hitachi
6.15.1 Hitachi Comapny Information
6.15.2 Hitachi Business Overview
6.15.3 Hitachi Transformers Production, Value and Gross Margin (2019-2024)
6.15.4 Hitachi Transformers Product Portfolio
6.15.5 Hitachi Recent Developments
6.16 Alstom
6.16.1 Alstom Comapny Information
6.16.2 Alstom Business Overview
6.16.3 Alstom Transformers Production, Value and Gross Margin (2019-2024)
6.16.4 Alstom Transformers Product Portfolio
6.16.5 Alstom Recent Developments
6.17 Crompton Greaves
6.17.1 Crompton Greaves Comapny Information
6.17.2 Crompton Greaves Business Overview
6.17.3 Crompton Greaves Transformers Production, Value and Gross Margin (2019-2024)
6.17.4 Crompton Greaves Transformers Product Portfolio
6.17.5 Crompton Greaves Recent Developments
6.18 Sunten Electric
6.18.1 Sunten Electric Comapny Information
6.18.2 Sunten Electric Business Overview
6.18.3 Sunten Electric Transformers Production, Value and Gross Margin (2019-2024)
6.18.4 Sunten Electric Transformers Product Portfolio
6.18.5 Sunten Electric Recent Developments
6.19 Daihen
6.19.1 Daihen Comapny Information
6.19.2 Daihen Business Overview
6.19.3 Daihen Transformers Production, Value and Gross Margin (2019-2024)
6.19.4 Daihen Transformers Product Portfolio
6.19.5 Daihen Recent Developments
6.20 Fuji Electric
6.20.1 Fuji Electric Comapny Information
6.20.2 Fuji Electric Business Overview
6.20.3 Fuji Electric Transformers Production, Value and Gross Margin (2019-2024)
6.20.4 Fuji Electric Transformers Product Portfolio
6.20.5 Fuji Electric Recent Developments
6.21 Qiantang River Electric
6.21.1 Qiantang River Electric Comapny Information
6.21.2 Qiantang River Electric Business Overview
6.21.3 Qiantang River Electric Transformers Production, Value and Gross Margin (2019-2024)
6.21.4 Qiantang River Electric Transformers Product Portfolio
6.21.5 Qiantang River Electric Recent Developments
6.22 ZTR
6.22.1 ZTR Comapny Information
6.22.2 ZTR Business Overview
6.22.3 ZTR Transformers Production, Value and Gross Margin (2019-2024)
6.22.4 ZTR Transformers Product Portfolio
6.22.5 ZTR Recent Developments
6.23 Dachi Electric
6.23.1 Dachi Electric Comapny Information
6.23.2 Dachi Electric Business Overview
6.23.3 Dachi Electric Transformers Production, Value and Gross Margin (2019-2024)
6.23.4 Dachi Electric Transformers Product Portfolio
6.23.5 Dachi Electric Recent Developments
6.24 Hyundai
6.24.1 Hyundai Comapny Information
6.24.2 Hyundai Business Overview
6.24.3 Hyundai Transformers Production, Value and Gross Margin (2019-2024)
6.24.4 Hyundai Transformers Product Portfolio
6.24.5 Hyundai Recent Developments
6.25 Luneng
6.25.1 Luneng Comapny Information
6.25.2 Luneng Business Overview
6.25.3 Luneng Transformers Production, Value and Gross Margin (2019-2024)
6.25.4 Luneng Transformers Product Portfolio
6.25.5 Luneng Recent Developments
6.26 Tianwei Group
6.26.1 Tianwei Group Comapny Information
6.26.2 Tianwei Group Business Overview
6.26.3 Tianwei Group Transformers Production, Value and Gross Margin (2019-2024)
6.26.4 Tianwei Group Transformers Product Portfolio
6.26.5 Tianwei Group Recent Developments
6.27 Hyosung
6.27.1 Hyosung Comapny Information
6.27.2 Hyosung Business Overview
6.27.3 Hyosung Transformers Production, Value and Gross Margin (2019-2024)
6.27.4 Hyosung Transformers Product Portfolio
6.27.5 Hyosung Recent Developments
7 Global Transformers Production by Region
7.1 Global Transformers Production by Region: 2019 VS 2023 VS 2030
7.2 Global Transformers Production by Region (2019-2030)
7.2.1 Global Transformers Production by Region: 2019-2024
7.2.2 Global Transformers Production by Region (2025-2030)
7.3 Global Transformers Production by Region: 2019 VS 2023 VS 2030
7.4 Global Transformers Production Value by Region (2019-2030)
7.4.1 Global Transformers Production Value by Region: 2019-2024
7.4.2 Global Transformers Production Value by Region (2025-2030)
7.5 Global Transformers Market Price Analysis by Region (2019-2024)
7.6 Regional Production Value Trends (2019-2030)
7.6.1 North America Transformers Production Value (2019-2030)
7.6.2 Europe Transformers Production Value (2019-2030)
7.6.3 Asia-Pacific Transformers Production Value (2019-2030)
7.6.4 Latin America Transformers Production Value (2019-2030)
7.6.5 Middle East & Africa Transformers Production Value (2019-2030)
8 Global Transformers Consumption by Region
8.1 Global Transformers Consumption by Region: 2019 VS 2023 VS 2030
8.2 Global Transformers Consumption by Region (2019-2030)
8.2.1 Global Transformers Consumption by Region (2019-2024)
8.2.2 Global Transformers Consumption by Region (2025-2030)
8.3 North America
8.3.1 North America Transformers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.3.2 North America Transformers Consumption by Country (2019-2030)
8.3.3 U.S.
8.3.4 Canada
8.4 Europe
8.4.1 Europe Transformers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.4.2 Europe Transformers Consumption by Country (2019-2030)
8.4.3 Germany
8.4.4 France
8.4.5 U.K.
8.4.6 Italy
8.4.7 Netherlands
8.5 Asia Pacific
8.5.1 Asia Pacific Transformers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.5.2 Asia Pacific Transformers Consumption by Country (2019-2030)
8.5.3 China
8.5.4 Japan
8.5.5 South Korea
8.5.6 Southeast Asia
8.5.7 India
8.5.8 Australia
8.6 LAMEA
8.6.1 LAMEA Transformers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.6.2 LAMEA Transformers Consumption by Country (2019-2030)
8.6.3 Mexico
8.6.4 Brazil
8.6.5 Turkey
8.6.6 GCC Countries
9 Value Chain and Sales Channels Analysis
9.1 Transformers Value Chain Analysis
9.1.1 Transformers Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Transformers Production Mode & Process
9.2 Transformers Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Transformers Distributors
9.2.3 Transformers Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings