+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Power Transformers - Global Strategic Business Report

  • PDF Icon

    Report

  • 761 Pages
  • October 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2498175
The global market for Power Transformers is estimated at US$28.6 Billion in 2023 and is projected to reach US$41.2 Billion by 2030, growing at a CAGR of 5.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the power transformer market is driven by several factors that underscore the technological, economic, and environmental dynamics shaping this industry. Increasing global electrification, particularly in developing countries, is a major driver, as new infrastructure projects frequently require robust power transformer systems. Technological advancements that enhance transformer efficiency, reliability, and environmental safety also contribute significantly to market expansion. As nations worldwide invest in upgrading aging electrical infrastructure and as renewable energy generation capacities grow, the demand for advanced power transformers that can support these developments increases.

Additionally, regulatory policies advocating for energy efficiency and reduced greenhouse gas emissions are prompting utilities and industries to invest in high-quality power transformers. Economic growth in various regions and the resulting increase in energy consumption further fuels the need for effective power transmission solutions. These factors collectively ensure ongoing investments and technological innovations within the power transformer sector, reflecting its critical role in the global transition towards sustainable energy solutions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Oil Immersed Transformers segment, which is expected to reach US$25.8 Billion by 2030 with a CAGR of a 5.7%. The Dry Type Transformers segment is also set to grow at 4.7% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $5.5 Billion in 2023, and China, forecasted to grow at an impressive 6.8% CAGR to reach $9.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Power Transformers Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Power Transformers Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Power Transformers Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as ABB Ltd., Bharat Heavy Electricals Ltd., Avnet, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 93 Featured):

  • ABB Ltd.
  • Bharat Heavy Electricals Ltd.
  • Avnet, Inc.
  • Adda Corporation
  • Daihen Corporation
  • Bharat Bijlee Ltd.
  • Bowers Electricals Ltd.
  • Diamond Power Infrastructure Ltd.
  • ABB S.p.A
  • Century Transformers Pvt., Ltd.
  • Delta Star, Inc.
  • Astor Transformer AS
  • BridgePower Corporation
  • Brush Group
  • Beckwith Electric Co., Inc.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Power Transformers: The Power to Manage Power with Greater Reliability, Efficiency, Resilience, and Durability
  • Market Fortunes Intrinsically Linked to Power T&D Equipment Industry
  • Worldwide Sales of Power T&D Equipment (in US$ Billion) for Years 2014, 2019, and 2024
  • Surge in Energy Consumption and Resulting Expansion in Power Production and T&D Investments
  • Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
  • Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
  • Global Energy Consumption (Billion toe) by Country/Region (1995, 2017 and 2040): Breakdown for USA, China, India, Russia, Brazil, EU, Middle East and Rest of World
  • Transformations in Power Transmission Technology over the Years
  • Steady Growth Projected for Power Transformers
  • Developing Regions Emerge as Core Markets Amid Rising Power Infrastructure Spending
  • Estimated Global Power Generation Infrastructure Requirement (US$ Billion) for China, India and Latin America Over the Period 2010-2030
  • Aging Power Transformer Fleet Underscores Need for Replacement and Upgrades in Developed Regions
COMPETITIVE LANDSCAPE
  • Power Transformers: A Consolidated Marketplace
  • Competitive Pressures Continue to Build Up in Power Transformers Business
  • Power Transformers - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
  • ABB Limited (Switzerland)
  • ASTOR TRANSFORMER A.S (Turkey)
  • Bharat Heavy Electricals Limited (India)
  • Bowers Electricals Ltd. (UK)
  • CG Power and Industrial Solutions Limited (India)
  • DAIHEN Corporation (Japan)
  • EFACEC Group (Portugal)
  • GE Grid Solutions (USA)
  • Hammond Power Solutions, Inc. (Canada)
  • Hyosung Heavy Industries (South Korea)
  • Hyundai Electric & Energy Systems Co., Ltd. (South Korea)
  • Imefy Group (Spain)
  • JSHP Transformer (China)
  • Kirloskar Electric Company Limited (India)
  • KONCAR Group (Croatia)
  • Mitsubishi Electric Corporation (Japan)
  • Olsun Electrics Corporation (USA)
  • Schneider Electric SA (France)
  • SGB-SMIT Group (Germany)
  • SGB-SMIT Power Matla (South Africa)
  • Shihlin Electric & Engineering Corporation (Taiwan)
  • Siemens AG (Germany)
  • SPX Transformer Solutions, Inc. (USA)
  • TBEA Co., Ltd. (China)
  • Toshiba Energy Systems & Solutions Corporation (Japan)
  • Wilson Power Solutions (UK)
  • Wilson Transformer Company (Australia)
  • Winder Power Ltd. (UK)
3. MARKET TRENDS & DRIVERS
  • Rising Utility Investments in Power Infrastructure for Transitioning to the Smart Grid Standard Drive Healthy Market Growth
  • Global Market for Smart Grids (in US$ Billion) for the Years 2020 & 2024
  • Power Infrastructure to Experience Considerable Transformation Driven by Modern Technology and Renewables
  • Wind Power Makes Robust Progress within the Renewables Sector
  • Global Wind Power Installed Capacity (In GW) for the Years 2022 & 2024
  • Solar Power Emerges as Reliable Renewable Energy Source
  • Microgrids Ease Network Burden
  • Utilities Bet on Big Data
  • Renewable Energy: A Statistical Perspective
  • Global Investments in Renewable Energy (2024) (US$ Billion)
  • Myriad Benefits and Superior Attributes over Traditional Transformers Drive Strong Demand for Smart Transformers
  • Global Smart Transformers Market - Annual Revenue Figures in US$ Million for Years 2020 & 2024
  • Smart Transformers for Smarter Power Transmission and Distribution
  • Traditional Vs. Smart Transformers: A Comparison
  • Growing Prominence of Smart Cities and Smart Homes of the Future Necessitates Highly Capable Power T&D Networks
  • Growing Number of Smart Homes Catalyzes the Creation of Smart Cities: Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
  • Global Home Automation Revenues in US$ Million by Geographic Region for 2018 and 2024
  • Technology Improvements and Product Innovations Spearhead Market Expansion
  • SGB-SMIT's Smart Transformers
  • ABB Ability™ Power Transformer
  • Self-Cooling Transformers from ABB
  • Siemens' Ester Fluid-based Phase Shifting Power Transformer
  • Hybrid Power Transformers Technology
  • Energy Efficient and Eco-Friendly Power Transformers
  • Wireless Power Transmission
  • Innovative Alternative Fluids
  • Design Innovation in Large Power Transformers (LPTs)
  • Dryformers by ABB
  • Superconductor Based Power Transformers
  • HTS Transformers: Energy Efficient, Lightweight, and Small Sized
  • Gas-Insulated Power Transformers
  • Future for Gas-Insulated Transformers Appears Bright
  • IEC Standards for Gas-Insulated Transformers
  • Powerformer: A Superior Replacement for Step-Up Transformer
  • Innovative On-load Tap Changers (OLTCs) Improves Reliability and Safety
  • Stabilizing Regulatory Environment Augurs Well
  • Proposed/Approved Standards for Transformers in Select Countries
  • Demographic and Socio-Economic Trends Strengthen Market Prospects
  • Ballooning Global Population
  • World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, 2050
  • Exponential Increase in Urban Dwellers
  • World Urban Population in Thousands: 1950-2050P
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Percentage of Urban Population in Select Countries for 2018, 2020, 2030, 2040 and 2050
  • Massive Increase in Building and Infrastructure Investments
  • Global Construction Output (2024):In US$ Billion
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Power Transformers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Power Transformers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 3: World 16-Year Perspective for Power Transformers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Oil Immersed by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Oil Immersed by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 6: World 16-Year Perspective for Oil Immersed by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Dry Type by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Dry Type by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 9: World 16-Year Perspective for Dry Type by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for 100 MVA - 500 MVA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 11: World Historic Review for 100 MVA - 500 MVA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 12: World 16-Year Perspective for 100 MVA - 500 MVA by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for 501 MVA - 800 MVA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 14: World Historic Review for 501 MVA - 800 MVA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 15: World 16-Year Perspective for 501 MVA - 800 MVA by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for 801 MVA - 1200 MVA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 17: World Historic Review for 801 MVA - 1200 MVA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 18: World 16-Year Perspective for 801 MVA - 1200 MVA by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Utility by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Utility by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 21: World 16-Year Perspective for Utility by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 23: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 24: World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 25: World Recent Past, Current & Future Analysis for Residential & Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 26: World Historic Review for Residential & Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 27: World 16-Year Perspective for Residential & Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 28: World Power Transformers Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Need to Replace and Upgrade Aging T&D Infrastructure Drive Market Growth
  • Transmission & Distribution Spending ($ Billion) in the United States: 1990-2009 & 2010-2030P
  • Major Growth Drivers Summarized
  • Inadequate and Aging T&D Infrastructure
  • Failure of Vital Systems during Storms Resulting in Power Outages
  • Need for Reliable Power Supply
  • Regulatory Landscape
  • Demand for Outsourced Providers
  • Focus on Renewable Energy Generation
  • Proliferation of Oil & Gas Production
  • Transition from Coal to Natural Gas Generation
  • Expanding Smart Grid Infrastructure Boosts Demand for Smart Transformers
  • Smart Transformers to Enhance Flexibility and Cleanliness of Electrical Grids
  • Replacement Demand to Drive Spending on Larger Power Transformers (LPTs)
  • US Transmission & Distribution Spending for the Period 2011-2035: Percentage (%) Breakdown of Spending for New Equipment and Replacements
  • Burgeoning Electricity Demand Provides the Perfect Platform for Market Adoption
  • Electricity Demand (Billion KWh) in the United States: 1980-2040
  • Rapidly Evolving Role of Renewable Energy in Power Sector Supports Growth
  • US Net Electricity Generation by Energy Source (2000, 2010, 2020, 2030 & 2040): Breakdown of Electricity Generation (Billion Kilowatt-hours) from Coal, Natural Gas, Nuclear, Petroleum, and Renewable Energy
  • Industrial & Electric Utilities: Dominant End-use Sectors for T&D Equipment
  • Energy Consumption in the United States (2008, 2016 & 2020P): Breakdown of Electricity Consumption (in Billion Kilowatt Hours) by Key End-Use Industries - Residential, Commercial, and Industrial
  • Presence of Leading Suppliers in Medium and Large Power Transformers Company Medium Transformers Large Transformers
  • Electric Utilities to Benefit from Energy-Related Technology Disruptions in Silicon Valley
  • US T&D Infrastructure: A Macro Perspective
  • Power T&D Equipment Sales in the US (in US$ Million) for Years 2014, 2019, and 2024P
CANADA
JAPAN
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Recent Energy Sector Transformation and Focus on Renewable Energy Sustain Market Growth
  • Japan’s Power Generation by Energy Source (2005, 2015, and 2030): Percentage Breakdown for Coal-fired Thermal Power, Gas-fired Thermal Power, Nuclear Power, Oil-fired Thermal Power, and Renewable Energy
CHINA
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Government Efforts to Address the Country’s Power Requirements Drive Strong Market Growth
  • The Northwest and Southeast China to Bolster the Demand for Electric T&D Equipment
  • Industry Moves towards High-Voltage Transformers
  • Issues Persist in the Chinese Transformer Industry
  • Chinese Transformers Industry: Highly Competitive at the Lower End
  • Chinese Vendors Eye Overseas Markets
  • Transformers - Regulatory Scenario
EUROPE
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Europe: A Mature yet Growing Market
  • Smart Grids to Drive Next Wave of Growth
  • EU Proposes New Ecodesign Energy Efficiency Standard for Transformers
  • PowerGrid Program to Redefine Future of Power Transmission
FRANCE
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Asia-Pacific: The Largest and the Fastest Growing Regional Market
  • Percentage (%) Share of Asia-Pacific in the World Power Transformers Sales (2019 & 2025P)
  • China and India Instigate Large-Scale Opportunities
  • Rural Electrification in Asian Countries Promotes Market Expansion
  • Railway Electrification & High-Speed Railway Projects Augment Addressable Market
AUSTRALIA
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • India - A Market Laden with Opportunities
  • Government’s Power-for-All Initiatives to Drive Demand
  • CEA’s National Electricity Plan (NEP) Indicates Robust Requirement
  • The Indian Electrical Equipment Industry: A Macro Perspective
  • Competitive Landscape
  • Indian Transformers Market: A Peek into Market Tiers
  • India Growing Into a Major Global Export Hub for Transformers
  • Opportunities Galore for Indian Transformer Manufacturers
  • Overseas Players Keenly Eye Indian Shores, Market Headed for Consolidation
  • Vendors Seek Higher Government Involvement in R&D and Testing & Evaluation
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINA
BRAZIL
  • Increased Investments in Power T&D Infrastructure Augurs Well
  • Growing Concerns over Grid Network Congestion
MEXICO
  • Mexico: A Niche Regional Market
REST OF LATIN AMERICA
MIDDLE EAST
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
  • Energy Infrastructure Needs in the Middle East Drive Market Growth
  • Upgrade of Electric Power and Distribution Infrastructure Drive Demand in Saudi Arabia
  • Saudi Arabia’s Ambitious Solar Energy Plans to Boost Smart Grids
  • Energy Challenges Open Avenues for Huge Investment Opportunities in Africa
  • Urgent Need to Provide Proper Access to Electricity: Primary Demand Driver
  • Growing Investments in Large-Scale Power Infrastructure Projects Bodes Well
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Power Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Bharat Heavy Electricals Ltd.
  • Avnet, Inc.
  • Adda Corporation
  • Daihen Corporation
  • Bharat Bijlee Ltd.
  • Bowers Electricals Ltd.
  • Diamond Power Infrastructure Ltd.
  • ABB S.p.A
  • Century Transformers Pvt., Ltd.
  • Delta Star, Inc.
  • Astor Transformer AS
  • BridgePower Corporation
  • Brush Group
  • Beckwith Electric Co., Inc.

Table Information