Global Amorphous Core Transformers Market Growth 2023-2029

Global Amorphous Core Transformers Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Amorphous Core Transformers Industry Forecast” looks at past sales and reviews total world Amorphous Core Transformers sales in 2022, providing a comprehensive analysis by region and market sector of projected Amorphous Core Transformers sales for 2023 through 2029. With Amorphous Core Transformers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Amorphous Core Transformers industry.
This Insight Report provides a comprehensive analysis of the global Amorphous Core Transformers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Amorphous Core Transformers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Amorphous Core Transformers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Amorphous Core Transformers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Amorphous Core Transformers.
The global Amorphous Core Transformers market size is projected to grow from US$ 2658.9 million in 2022 to US$ 3634 million in 2029; it is expected to grow at a CAGR of 3634 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Amorphous Core Transformers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Oil-Immersed Amorphous Core Transformers
Dry-Type Amorphous Core Transformers
Segmentation by application
Factory
Building
Utility Companies
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Amorphous Core Transformers market?
What factors are driving Amorphous Core Transformers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Amorphous Core Transformers market opportunities vary by end market size?
How does Amorphous Core Transformers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.