The Europe Power Transformer Market should witness market growth of 6.5% CAGR during the forecast period (2022-2028).
A power transformer operates on the basis of Faraday’s law of induction. This describes the power network in the places where every gear linked to the system is created as per the rates prescribed by the power transformer. The two main categorizes of power transformers are electronic power transformers (1 to 3 phase) and electric utility power transformers. Utility transformers are completely AC sine wave transformers.
In contrast, electronic power transformers provide power to the electronic circuit. The weight and size of the power transformers depend on various factors. These factors comprise maximum ambient temperature, desired power rating, cooling method (air or liquid-cooled, natural convection or forced), allowable temperature rise, transformer size, operating frequency, required voltage regulation, primary ingredients, and operating frequency.
The Climate Change Act of 2008, which mandates that Government reduce greenhouse gas emissions by at least 34% by 2020 and 80% by 2050 - below the 1990 baseline, set and meet five-yearly carbon neutrality for the UK during that period and requires that those carbon budgets be set three budget periods ahead of time - so that it is always clear whatever the UK's emissions will be, is the cornerstone of Government's strategy to avoid the risk of dangerous climate change. Such plans by the Government to reduce carbon emissions would support the adoption of technologies that produce less carbon. Thus, the power transformer market should witness growth in Europe region during the projection period.
The Germany market dominated the Europe Power Transformer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,008.1 Million by 2028. The UK market is anticipated to grow at a CAGR of 5.6% during (2022-2028). Additionally, The France market would exhibit a CAGR of 7.3% during (2022-2028).
Based on Insulation, the market is segmented into Oil, Gas, Air, Solid and Others. Based on Application, the market is segmented into Industrial, Residential & Commercial and Utilities. Based on Rating, the market is segmented into 100 MVA to 500 MVA, 501 MVA to 800 MVA and 801 MVA to 1,200 MVA. Based on Phase, the market is segmented into Three and Single. Based on Core, the market is segmented into Shell, Closed and Berry. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Toshiba Corporation, ABB Group, General Electric Company, Siemens Energy AG, Alstom SA, Mitsubishi Electric Corporation, Hyosung Heavy Industries Corporation, CG Power & Industrial Solutions Ltd. (Murugappa Group), Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.), and Bharat Heavy Electricals Ltd.
A power transformer operates on the basis of Faraday’s law of induction. This describes the power network in the places where every gear linked to the system is created as per the rates prescribed by the power transformer. The two main categorizes of power transformers are electronic power transformers (1 to 3 phase) and electric utility power transformers. Utility transformers are completely AC sine wave transformers.
In contrast, electronic power transformers provide power to the electronic circuit. The weight and size of the power transformers depend on various factors. These factors comprise maximum ambient temperature, desired power rating, cooling method (air or liquid-cooled, natural convection or forced), allowable temperature rise, transformer size, operating frequency, required voltage regulation, primary ingredients, and operating frequency.
The Climate Change Act of 2008, which mandates that Government reduce greenhouse gas emissions by at least 34% by 2020 and 80% by 2050 - below the 1990 baseline, set and meet five-yearly carbon neutrality for the UK during that period and requires that those carbon budgets be set three budget periods ahead of time - so that it is always clear whatever the UK's emissions will be, is the cornerstone of Government's strategy to avoid the risk of dangerous climate change. Such plans by the Government to reduce carbon emissions would support the adoption of technologies that produce less carbon. Thus, the power transformer market should witness growth in Europe region during the projection period.
The Germany market dominated the Europe Power Transformer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,008.1 Million by 2028. The UK market is anticipated to grow at a CAGR of 5.6% during (2022-2028). Additionally, The France market would exhibit a CAGR of 7.3% during (2022-2028).
Based on Insulation, the market is segmented into Oil, Gas, Air, Solid and Others. Based on Application, the market is segmented into Industrial, Residential & Commercial and Utilities. Based on Rating, the market is segmented into 100 MVA to 500 MVA, 501 MVA to 800 MVA and 801 MVA to 1,200 MVA. Based on Phase, the market is segmented into Three and Single. Based on Core, the market is segmented into Shell, Closed and Berry. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Toshiba Corporation, ABB Group, General Electric Company, Siemens Energy AG, Alstom SA, Mitsubishi Electric Corporation, Hyosung Heavy Industries Corporation, CG Power & Industrial Solutions Ltd. (Murugappa Group), Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.), and Bharat Heavy Electricals Ltd.
Scope of the Study
By Insulation
- Oil
- Gas
- Air
- Solid
- Others
By Application
- Industrial
- Residential & Commercial
- Utilities
By Rating
- 100 MVA to 500 MVA
- 501 MVA to 800 MVA
- 801 MVA to 1,200 MVA
By Phase
- Three
- Single
By Core
- Shell
- Closed
- Berry
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Toshiba Corporation
- ABB Group
- General Electric Company
- Siemens Energy AG
- Alstom SA
- Mitsubishi Electric Corporation
- Hyosung Heavy Industries Corporation
- CG Power & Industrial Solutions Ltd. (Murugappa Group)
- Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.)
- Bharat Heavy Electricals Ltd.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Power Transformer Market, by Insulation
1.4.2 Europe Power Transformer Market, by Application
1.4.3 Europe Power Transformer Market, by Rating
1.4.4 Europe Power Transformer Market, by Phase
1.4.5 Europe Power Transformer Market, by Core
1.4.6 Europe Power Transformer Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Power Transformer Market by Insulation
3.1 Europe Oil Market by Country
3.2 Europe Gas Market by Country
3.3 Europe Air Market by Country
3.4 Europe Solid Market by Country
3.5 Europe Others Market by Country
Chapter 4. Europe Power Transformer Market by Application
4.1 Europe Industrial Market by Country
4.2 Europe Residential & Commercial Market by Country
4.3 Europe Utilities Market by Country
Chapter 5. Europe Power Transformer Market by Rating
5.1 Europe 100 MVA to 500 MVA Market by Country
5.2 Europe 501 MVA to 800 MVA Market by Country
5.3 Europe 801 MVA to 1,200 MVA Market by Country
Chapter 6. Europe Power Transformer Market by Phase
6.1 Europe Three Market by Country
6.2 Europe Single Market by Country
Chapter 7. Europe Power Transformer Market by Core
7.1 Europe Shell Market by Country
7.2 Europe Closed Market by Country
7.3 Europe Berry Market by Country
Chapter 8. Europe Power Transformer Market by Country
8.1 Germany Power Transformer Market
8.1.1 Germany Power Transformer Market by Insulation
8.1.2 Germany Power Transformer Market by Application
8.1.3 Germany Power Transformer Market by Rating
8.1.4 Germany Power Transformer Market by Phase
8.1.5 Germany Power Transformer Market by Core
8.2 UK Power Transformer Market
8.2.1 UK Power Transformer Market by Insulation
8.2.2 UK Power Transformer Market by Application
8.2.3 UK Power Transformer Market by Rating
8.2.4 UK Power Transformer Market by Phase
8.2.5 UK Power Transformer Market by Core
8.3 France Power Transformer Market
8.3.1 France Power Transformer Market by Insulation
8.3.2 France Power Transformer Market by Application
8.3.3 France Power Transformer Market by Rating
8.3.4 France Power Transformer Market by Phase
8.3.5 France Power Transformer Market by Core
8.4 Russia Power Transformer Market
8.4.1 Russia Power Transformer Market by Insulation
8.4.2 Russia Power Transformer Market by Application
8.4.3 Russia Power Transformer Market by Rating
8.4.4 Russia Power Transformer Market by Phase
8.4.5 Russia Power Transformer Market by Core
8.5 Spain Power Transformer Market
8.5.1 Spain Power Transformer Market by Insulation
8.5.2 Spain Power Transformer Market by Application
8.5.3 Spain Power Transformer Market by Rating
8.5.4 Spain Power Transformer Market by Phase
8.5.5 Spain Power Transformer Market by Core
8.6 Italy Power Transformer Market
8.6.1 Italy Power Transformer Market by Insulation
8.6.2 Italy Power Transformer Market by Application
8.6.3 Italy Power Transformer Market by Rating
8.6.4 Italy Power Transformer Market by Phase
8.6.5 Italy Power Transformer Market by Core
8.7 Rest of Europe Power Transformer Market
8.7.1 Rest of Europe Power Transformer Market by Insulation
8.7.2 Rest of Europe Power Transformer Market by Application
8.7.3 Rest of Europe Power Transformer Market by Rating
8.7.4 Rest of Europe Power Transformer Market by Phase
8.7.5 Rest of Europe Power Transformer Market by Core
Chapter 9. Company Profiles
9.1 Toshiba Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research and Development Expense
9.1.5 SWOT Analysis
9.2 ABB Group
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Acquisitions and Mergers:
9.2.6 SWOT Analysis
9.3 General Electric Company
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Siemens Energy AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.5 Alstom SA
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.6 Mitsubishi Electric Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Acquisitions and Mergers:
9.7 Hyosung Heavy Industries Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Research & Development Expenses
9.8 CG Power & Industrial Solutions Ltd. (Murugappa Group)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.9 Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.10. Bharat Heavy Electricals Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental Analysis
Companies Mentioned
- Toshiba Corporation
- ABB Group
- General Electric Company
- Siemens Energy AG
- Alstom SA
- Mitsubishi Electric Corporation
- Hyosung Heavy Industries Corporation
- CG Power & Industrial Solutions Ltd. (Murugappa Group)
- Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.)
- Bharat Heavy Electricals Ltd.
Methodology
LOADING...
