Global Molded Transformer Market Growth 2024-2030
A molded transformer is a transformer in which the winding section is impregnated and molded with epoxy or other resin. It is also called a dry-type transformer. When a transformer changes voltage, the iron core and windings heat up due to power loss in the transformer, so it is necessary to dissipate the heat. While oil is used to dissipate heat in general transformers, molded transformers do not use oil, making them superior in terms of safety against ignition and other hazards.
Because of their low risk of ignition in the event of an accident and their lightweight and small size, they are suitable for indoor use and are installed in buildings.
The global Molded Transformer market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Molded Transformer Industry Forecast” looks at past sales and reviews total world Molded Transformer sales in 2023, providing a comprehensive analysis by region and market sector of projected Molded Transformer sales for 2024 through 2030. With Molded Transformer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Molded Transformer industry.
This Insight Report provides a comprehensive analysis of the global Molded Transformer 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 Molded Transformer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Molded Transformer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Molded Transformer 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 Molded Transformer.
United States market for Molded Transformer is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Molded Transformer is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Molded Transformer is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Molded Transformer players cover LS Electric America Inc., Huazheng Electric Manufacturing (Baoding), Wenzhou Rockwill Electric, Orecco, Allis Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Molded Transformer market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Open Type Molded Transformer
Encapsulated Molded Transformer
Segmentation by Application:
Commercial
Industrial
Residential
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 analysing the company's coverage, product portfolio, its market penetration.
LS Electric America Inc.
Huazheng Electric Manufacturing (Baoding)
Wenzhou Rockwill Electric
Orecco
Allis Electric
ORION ITALIA s.r.l
SGB-SMIT
Sanergrid Group
Hitachi, Ltd.
RISHO KOGYO
DAIHEN Corporation
Meiden Europe
Komachine Inc.
Toyo Electric Corporation
TAKAOKA TOKO
WEG S.A.
DAELIM BELEFIC Tech Co. Ltd.
Arun Enterprises
Hammond Power Solutions
Phoenix Contact
CHALLENGE INDUSTRIAL
HIRAI DENKEIKI
Key Questions Addressed in this Report
What is the 10-year outlook for the global Molded Transformer market?
What factors are driving Molded Transformer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Molded Transformer market opportunities vary by end market size?
How does Molded Transformer break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.