Global Transformer Cores Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Transformer Cores market size was valued at US$ 7528 million in 2024 and is forecast to a readjusted size of USD 10270 million by 2031 with a CAGR of 4.6% during review period.

A transformer core is typically made of a high perm material with little or no gap. Energy is transferred constantly from an AC source through the coupling of the lines of flux between the winding on the primary and the winding on the secondary. An ideal transformer provides minimum core losses and maximum power transfer, at a low cost in the least amount of space. Core materials for transformers are typically ferrites, strip wound products and, less commonly, powder cores.

Global Transformer Cores key players include ABB, SIEMENS, Alstom, TBEA, TOSHIBA, etc. Global top five manufacturers hold a share over 25%.

China is the largest market, with a share over 35%, followed by North America and Europe, both have a share over 40%.

In terms of product, Steel Laminated Cores is the largest segment, with a share over 95%. And in terms of application, the largest application is Power Industry Transformer, followed by Consumer Electronics Transformer, etc.

This report is a detailed and comprehensive analysis for global Transformer Cores market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Transformer Cores market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (USD/Ton), 2020-2031

Global Transformer Cores market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (USD/Ton), 2020-2031

Global Transformer Cores market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (USD/Ton), 2020-2031

Global Transformer Cores market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (USD/Ton), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Transformer Cores

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Transformer Cores market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, SIEMENS, Alstom, TOSHIBA, Mitsubishi Electric, Hitachi, HYOSUNG, ZTR, SGB-SMIT, Fuji Electric, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Transformer Cores market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Steel Laminated Cores
Solid Cores

Market segment by Application
Power Industry Transformer
Consumer Electronics Transformer

Major players covered
ABB
SIEMENS
Alstom
TOSHIBA
Mitsubishi Electric
Hitachi
HYOSUNG
ZTR
SGB-SMIT
Fuji Electric
CG
SPX
TDK
Efacec
Laird
Fair-Rite Products Corp
Ferroxcube
TBEA
JSHP Transformer
Wujiang Transformer
China XD Group
Tianwei Group
Dachi Electric
Liye Power Transformer
Luneng Mount.Tai Electric
Qiantang River Electric
AT&M
Sanbian Sci-Tech
Gaotune technologies

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

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

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Transformer Cores product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Transformer Cores, with price, sales quantity, revenue, and global market share of Transformer Cores from 2020 to 2025.

Chapter 3, the Transformer Cores competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Transformer Cores breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Transformer Cores market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Transformer Cores.

Chapter 14 and 15, to describe Transformer Cores sales channel, distributors, customers, research findings and conclusion.