Global Amorphous Core Transformers Market Research Report 2023(Status and Outlook)
Report Overview
Amorphous metal is a solid metallic material with high magnetic conductivity that provides energy saving performance. The metal atoms are disordered and arranged in non-crystal way. Amorphous metal is different from conventional steel because is easier to be magnetized and de-magnetized. Amorphous metal sheet is 0.02 mm thick, which is about 1/10 of conventional silicon steel. An amorphous core transformer is a highly efficient electrical transformer, which has a magnetic core comprised of ferromagnetic amorphous metal alloyed with a glass former. This ribbon of steel is wound to form the transformers core. The materials used in amorphous core transformers have high magnetic susceptibility, low coercivity and high electrical resistance.
Global Amorphous Core Transformers key players include Hitachi Industrial Equipment Systems, ABB, Siemens, etc. Global top three manufacturers hold a share over 20%.
Asia-Pacific is the largest market, with a share over 45%, followed by Americas, and Europe, both have a share about 40 percent.
In terms of product, Oil-Immersed the largest segment, with a share over 85%. And in terms of application, the largest application is Utility Companies, followed by Building, Factory, etc.
The Global Amorphous Core Transformers Market Size was estimated at USD 2601 million in 2022 and is projected to reach USD 3515.96 million by 2029, exhibiting a CAGR of 4.40% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Amorphous Core Transformers market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Amorphous Core Transformers Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Amorphous Core Transformers market in any manner.
Global Amorphous Core Transformers Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Hitachi Industrial Equipment Systems
ABB
Siemens
State Grid Yingda (Zhixin Electric)
Toshiba Transmission & Distribution Systems
CG Global
CREAT
Sunten
Yangdong Electric
TBEA
Eaglerise
TATUNG
Henan Longxiang Electrical
Howard Industries
Powerstar
Market Segmentation (by Type)
Oil-Immersed Amorphous Core Transformers
Dry-Type Amorphous Core Transformers
Market Segmentation (by Application)
Home Use
Office
Hotels
Entertainment Centers
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Amorphous Core Transformers Market
Overview of the regional outlook of the Amorphous Core Transformers Market:
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Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
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