Global Photovoltaic Step-up Transformer Competitive Landscape Professional Research Report 2025
Research Summary
A photovoltaic step-up transformer is a key component in a solar power system that converts the low-voltage direct current (DC) generated by photovoltaic solar panels into a higher voltage, typically required for efficient transmission over power lines or integration into the electrical grid. Photovoltaic systems commonly use inverters to convert DC to alternating current (AC), but the output voltage of solar panels is often lower than the grid voltage. The step-up transformer raises the voltage level, reducing transmission losses and facilitating the efficient distribution of solar-generated electricity. This transformer is crucial for optimizing power output and ensuring the seamless integration of solar energy into existing electrical infrastructure.
According to DIResearch's in-depth investigation and research, the global Photovoltaic Step-up Transformer market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Photovoltaic Step-up Transformer include Mingyang Electric, TBEA, Siemens, Prolec GE, ASTOR, Maschinenfabrik Reinhausen, Schneider, ABB, Chint Electric, Shandong Taikai, Jiangsu Huapeng, ELTAS, Pearl Electric, Three change technology, Xinte Electric etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Photovoltaic Step-up Transformer. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Photovoltaic Step-up Transformer market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Photovoltaic Step-up Transformer market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Photovoltaic Step-up Transformer industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Photovoltaic Step-up Transformer Include:
Mingyang Electric
TBEA
Siemens
Prolec GE
ASTOR
Maschinenfabrik Reinhausen
Schneider
ABB
Chint Electric
Shandong Taikai
Jiangsu Huapeng
ELTAS
Pearl Electric
Three change technology
Xinte Electric
Photovoltaic Step-up Transformer Product Segment Include:
Oil ImmersedTransformer
Dry-type Transformer
Photovoltaic Step-up Transformer Product Application Include:
Ground Power Plant Photovoltaic System
Industrial and Commercial Rooftop Photovoltaic Systems
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Photovoltaic Step-up Transformer Industry PESTEL Analysis
Chapter 3: Global Photovoltaic Step-up Transformer Industry Porter’s Five Forces Analysis
Chapter 4: Global Photovoltaic Step-up Transformer Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global Photovoltaic Step-up Transformer Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Photovoltaic Step-up Transformer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Photovoltaic Step-up Transformer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Photovoltaic Step-up Transformer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Photovoltaic Step-up Transformer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Photovoltaic Step-up Transformer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Photovoltaic Step-up Transformer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Photovoltaic Step-up Transformer Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
- 1 Photovoltaic Step-up Transformer Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Photovoltaic Step-up Transformer Product by Type
- 1.2.1 Oil ImmersedTransformer
- 1.2.2 Dry-type Transformer
- 1.3 Photovoltaic Step-up Transformer Product by Application
- 1.3.1 Ground Power Plant Photovoltaic System
- 1.3.2 Industrial and Commercial Rooftop Photovoltaic Systems
- 1.3.3 Others
- 1.4 Global Photovoltaic Step-up Transformer Market Revenue and Sales Analysis
- 1.4.1 Global Photovoltaic Step-up Transformer Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Photovoltaic Step-up Transformer Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Photovoltaic Step-up Transformer Market Sales Price Trend Analysis (2020-2032)
- 1.5 Photovoltaic Step-up Transformer Industry Trends and Innovation
- 1.5.1 Photovoltaic Step-up Transformer Industry Trends and Innovation
- 1.5.2 Photovoltaic Step-up Transformer Market Drivers and Challenges
- 2 Photovoltaic Step-up Transformer Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Photovoltaic Step-up Transformer Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Photovoltaic Step-up Transformer Market Analysis by Regions
- 4.1 Photovoltaic Step-up Transformer Overall Market: 2024 VS 2025 VS 2032
- 4.2 Global Photovoltaic Step-up Transformer Revenue and Forecast Analysis (2020-2032)
- 4.2.1 Global Photovoltaic Step-up Transformer Revenue and Market Share by Region (2020-2025)
- 4.2.2 Global Photovoltaic Step-up Transformer Revenue and Market Share Forecast by Region (2026-2032)
- 4.3 Global Photovoltaic Step-up Transformer Sales and Forecast Analysis (2020-2032)
- 4.3.1 Global Photovoltaic Step-up Transformer Sales and Market Share by Region (2020-2025)
- 4.3.2 Global Photovoltaic Step-up Transformer Sales and Market Share Forecast by Region (2026-2032)
- 4.4 Global Photovoltaic Step-up Transformer Sales Price Trend Analysis (2020-2032)
- 5 Global Photovoltaic Step-up Transformer Market Size by Type and Application
- 5.1 Global Photovoltaic Step-up Transformer Market Size by Type
- 5.1.1 Global Photovoltaic Step-up Transformer Revenue and Forecast Analysis by Type (2020-2032)
- 5.1.2 Global Photovoltaic Step-up Transformer Sales and Forecast Analysis by Type (2020-2032)
- 5.2 Global Photovoltaic Step-up Transformer Market Size by Application
- 5.2.1 Global Photovoltaic Step-up Transformer Revenue and Forecast Analysis by Application (2020-2032)
- 5.2.2 Global Photovoltaic Step-up Transformer Sales and Forecast Analysis by Application (2020-2032)
- 6 North America
- 6.1 North America Photovoltaic Step-up Transformer Market Size and Growth Rate Analysis (2020-2032)
- 6.2 North America Key Manufacturers Analysis
- 6.3 North America Photovoltaic Step-up Transformer Market Size by Type
- 6.3.1 North America Photovoltaic Step-up Transformer Sales by Type (2020-2032)
- 6.3.2 North America Photovoltaic Step-up Transformer Revenue by Type (2020-2032)
- 6.4 North America Photovoltaic Step-up Transformer Market Size by Application
- 6.4.1 North America Photovoltaic Step-up Transformer Sales by Application (2020-2032)
- 6.4.2 North America Photovoltaic Step-up Transformer Revenue by Application (2020-2032)
- 6.5 North America Photovoltaic Step-up Transformer Market Size by Country
- 6.5.1 US
- 6.5.2 Canada
- 7 Europe
- 7.1 Europe Photovoltaic Step-up Transformer Market Size and Growth Rate Analysis (2020-2032)
- 7.2 Europe Key Manufacturers Analysis
- 7.3 Europe Photovoltaic Step-up Transformer Market Size by Type
- 7.3.1 Europe Photovoltaic Step-up Transformer Sales by Type (2020-2032)
- 7.3.2 Europe Photovoltaic Step-up Transformer Revenue by Type (2020-2032)
- 7.4 Europe Photovoltaic Step-up Transformer Market Size by Application
- 7.4.1 Europe Photovoltaic Step-up Transformer Sales by Application (2020-2032)
- 7.4.2 Europe Photovoltaic Step-up Transformer Revenue by Application (2020-2032)
- 7.5 Europe Photovoltaic Step-up Transformer Market Size by Country
- 7.5.1 Germany
- 7.5.2 France
- 7.5.3 United Kingdom
- 7.5.4 Italy
- 7.5.5 Spain
- 7.5.6 Benelux
- 8 China
- 8.1 China Photovoltaic Step-up Transformer Market Size and Growth Rate Analysis (2020-2032)
- 8.2 China Key Manufacturers Analysis
- 8.3 China Photovoltaic Step-up Transformer Market Size by Type
- 8.3.1 China Photovoltaic Step-up Transformer Sales by Type (2020-2032)
- 8.3.2 China Photovoltaic Step-up Transformer Revenue by Type (2020-2032)
- 8.4 China Photovoltaic Step-up Transformer Market Size by Application
- 8.4.1 China Photovoltaic Step-up Transformer Sales by Application (2020-2032)
- 8.4.2 China Photovoltaic Step-up Transformer Revenue by Application (2020-2032)
- 9 APAC (excl. China)
- 9.1 APAC (excl. China) Photovoltaic Step-up Transformer Market Size and Growth Rate Analysis (2020-2032)
- 9.2 APAC (excl. China) Key Manufacturers Analysis
- 9.3 APAC (excl. China) Photovoltaic Step-up Transformer Market Size by Type
- 9.3.1 APAC (excl. China) Photovoltaic Step-up Transformer Sales by Type (2020-2032)
- 9.3.2 APAC (excl. China) Photovoltaic Step-up Transformer Revenue by Type (2020-2032)
- 9.4 APAC (excl. China) Photovoltaic Step-up Transformer Market Size by Application
- 9.4.1 APAC (excl. China) Photovoltaic Step-up Transformer Sales by Application (2020-2032)
- 9.4.2 APAC (excl. China) Photovoltaic Step-up Transformer Revenue by Application (2020-2032)
- 9.5 APAC (excl. China) Photovoltaic Step-up Transformer Market Size by Country
- 9.5.1 Japan
- 9.5.2 South Korea
- 9.5.3 India
- 9.5.4 Australia
- 9.5.5 Southeast Asia
- 10 Latin America
- 10.1 Latin America Photovoltaic Step-up Transformer Market Size and Growth Rate Analysis (2020-2032)
- 10.2 Latin America Key Manufacturers Analysis
- 10.3 Latin America Photovoltaic Step-up Transformer Market Size by Type
- 10.3.1 Latin America Photovoltaic Step-up Transformer Sales by Type (2020-2032)
- 10.3.2 Latin America Photovoltaic Step-up Transformer Revenue by Type (2020-2032)
- 10.4 Latin America Photovoltaic Step-up Transformer Market Size by Application
- 10.4.1 Latin America Photovoltaic Step-up Transformer Sales by Application (2020-2032)
- 10.4.2 Latin America Photovoltaic Step-up Transformer Revenue by Application (2020-2032)
- 10.5 Latin America Photovoltaic Step-up Transformer Market Size by Country
- 10.6 Latin America Photovoltaic Step-up Transformer Market Size by Country
- 10.6.1 Mexico
- 10.6.2 Brazil
- 11 Middle East & Africa
- 11.1 Middle East & Africa Photovoltaic Step-up Transformer Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Middle East & Africa Key Manufacturers Analysis
- 11.3 Middle East & Africa Photovoltaic Step-up Transformer Market Size by Type
- 11.3.1 Middle East & Africa Photovoltaic Step-up Transformer Sales by Type (2020-2032)
- 11.3.2 Middle East & Africa Photovoltaic Step-up Transformer Revenue by Type (2020-2032)
- 11.4 Middle East & Africa Photovoltaic Step-up Transformer Market Size by Application
- 11.4.1 Middle East & Africa Photovoltaic Step-up Transformer Sales by Application (2020-2032)
- 11.4.2 Middle East & Africa Photovoltaic Step-up Transformer Revenue by Application (2020-2032)
- 11.5 Middle East Photovoltaic Step-up Transformer Market Size by Country
- 11.5.1 Saudi Arabia
- 11.5.2 South Africa
- 12 Competition by Manufacturers
- 12.1 Global Photovoltaic Step-up Transformer Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
- 12.1.1 Global Photovoltaic Step-up Transformer Market Sales by Key Manufacturers (2021-2025)
- 12.1.2 Global Photovoltaic Step-up Transformer Market Revenue by Key Manufacturers (2021-2025)
- 12.1.3 Global Photovoltaic Step-up Transformer Average Sales Price by Manufacturers (2021-2025)
- 12.2 Photovoltaic Step-up Transformer Competitive Landscape Analysis and Market Dynamic
- 12.2.1 Photovoltaic Step-up Transformer Competitive Landscape Analysis
- 12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 12.2.3 Market Dynamic
- 13 Key Companies Analysis
- 13.1 Mingyang Electric
- 13.1.1 Mingyang Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.1.2 Mingyang Electric Photovoltaic Step-up Transformer Product Portfolio
- 13.1.3 Mingyang Electric Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.2 TBEA
- 13.2.1 TBEA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.2.2 TBEA Photovoltaic Step-up Transformer Product Portfolio
- 13.2.3 TBEA Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.3 Siemens
- 13.3.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.3.2 Siemens Photovoltaic Step-up Transformer Product Portfolio
- 13.3.3 Siemens Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.4 Prolec GE
- 13.4.1 Prolec GE Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.4.2 Prolec GE Photovoltaic Step-up Transformer Product Portfolio
- 13.4.3 Prolec GE Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.5 ASTOR
- 13.5.1 ASTOR Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.5.2 ASTOR Photovoltaic Step-up Transformer Product Portfolio
- 13.5.3 ASTOR Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.6 Maschinenfabrik Reinhausen
- 13.6.1 Maschinenfabrik Reinhausen Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.6.2 Maschinenfabrik Reinhausen Photovoltaic Step-up Transformer Product Portfolio
- 13.6.3 Maschinenfabrik Reinhausen Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.7 Schneider
- 13.7.1 Schneider Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.7.2 Schneider Photovoltaic Step-up Transformer Product Portfolio
- 13.7.3 Schneider Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.8 ABB
- 13.8.1 ABB Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.8.2 ABB Photovoltaic Step-up Transformer Product Portfolio
- 13.8.3 ABB Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.9 Chint Electric
- 13.9.1 Chint Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.9.2 Chint Electric Photovoltaic Step-up Transformer Product Portfolio
- 13.9.3 Chint Electric Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.10 Shandong Taikai
- 13.10.1 Shandong Taikai Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.10.2 Shandong Taikai Photovoltaic Step-up Transformer Product Portfolio
- 13.10.3 Shandong Taikai Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.11 Jiangsu Huapeng
- 13.11.1 Jiangsu Huapeng Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.11.2 Jiangsu Huapeng Photovoltaic Step-up Transformer Product Portfolio
- 13.11.3 Jiangsu Huapeng Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.12 ELTAS
- 13.12.1 ELTAS Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.12.2 ELTAS Photovoltaic Step-up Transformer Product Portfolio
- 13.12.3 ELTAS Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.13 Pearl Electric
- 13.13.1 Pearl Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.13.2 Pearl Electric Photovoltaic Step-up Transformer Product Portfolio
- 13.13.3 Pearl Electric Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.14 Three change technology
- 13.14.1 Three change technology Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.14.2 Three change technology Photovoltaic Step-up Transformer Product Portfolio
- 13.14.3 Three change technology Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.15 Xinte Electric
- 13.15.1 Xinte Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.15.2 Xinte Electric Photovoltaic Step-up Transformer Product Portfolio
- 13.15.3 Xinte Electric Photovoltaic Step-up Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14 Industry Chain Analysis
- 14.1 Photovoltaic Step-up Transformer Industry Chain Analysis
- 14.2 Photovoltaic Step-up Transformer Industry Raw Material and Suppliers Analysis
- 14.2.1 Photovoltaic Step-up Transformer Key Raw Material Supply Analysis
- 14.2.2 Raw Material Suppliers and Contact Information
- 14.3 Photovoltaic Step-up Transformer Typical Downstream Customers
- 14.4 Photovoltaic Step-up Transformer Sales Channel Analysis
- 15 Research Findings and Conclusion
- 16 Methodology and Data Source
- 16.1 Methodology/Research Approach
- 16.2 Research Scope
- 16.3 Benchmarks and Assumptions
- 16.4 Date Source
- 16.4.1 Primary Sources
- 16.4.2 Secondary Sources
- 16.5 Data Cross Validation
- 16.6 Disclaimer
Research Assistance
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