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Transformers Market for Renewable Energy Market 2024-2028

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    Report

  • 168 Pages
  • March 2024
  • Region: Global
  • TechNavio
  • ID: 5232362
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The transformers market for renewable energy is forecasted to grow by USD 3.44 bn during 2023-2028, accelerating at a CAGR of 4.65% during the forecast period. The report on the transformers market for renewable energy provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a shift in focus of government bodies toward renewable energy, modernization of existing transformers by smart grid systems, and expansion of renewable power generation capacity.

The transformers market for renewable energy is segmented as below:

By Application

  • Solar PV
  • Wind farm

By Indication

  • Dry insulation
  • Liquid immersed insulation

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the rising number of offshore wind farm installations as one of the prime reasons driving the transformers market for renewable energy growth during the next few years. Also, the rising adoption of solar as a hybrid power system and the digitalization of transformers will lead to sizable demand in the market.

The report on the transformers market for renewable energy covers the following areas:

  • Transformers market for renewable energy sizing
  • Transformers market for renewable energy forecast
  • Transformers market for renewable energy industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading transformers market for renewable energy vendors that include Bharat Heavy Electricals Ltd., CG Power and Industrial Solutions Ltd., Daihen Corp., Eaton Corp. Plc, ENERCON GmbH, Esennar Transformers Pvt. Ltd., General Electric Co., Hitachi Ltd., LC Magnetics Inc., Marsons Energy Pvt. Ltd., Northern Transformer Corp., Rajasthan Powergen Transformer Pvt. Ltd., S.E.A. Societa Elettromeccanica Arzignanese S.p.A., Schneider Electric SE, Siemens AG, STC Inc., Synergy Transformers Pvt. Ltd., TESLA TRANSFORMERS GLOBAL Pvt. Ltd., Voltamp Transformers Ltd., and Westrafo Srl. Also, the transformers market for renewable energy analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Indication
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global transformers market for renewable energy 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global transformers market for renewable energy 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Indication Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Indication Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Solar PV - Market size and forecast 2023-2028
Exhibit 34: Chart on Solar PV - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Solar PV - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Solar PV - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Solar PV - Year-over-year growth 2023-2028 (%)
6.4 Wind farm - Market size and forecast 2023-2028
Exhibit 38: Chart on Wind farm - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Wind farm - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Wind farm - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Wind farm - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ billion)
Exhibit 43: Data Table on Market opportunity by Application ($ billion)
7 Market Segmentation by Indication
7.1 Market segments
Exhibit 44: Chart on Indication - Market share 2023-2028 (%)
Exhibit 45: Data Table on Indication - Market share 2023-2028 (%)
7.2 Comparison by Indication
Exhibit 46: Chart on Comparison by Indication
Exhibit 47: Data Table on Comparison by Indication
7.3 Dry insulation - Market size and forecast 2023-2028
Exhibit 48: Chart on Dry insulation - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Dry insulation - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Dry insulation - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Dry insulation - Year-over-year growth 2023-2028 (%)
7.4 Liquid immersed insulation - Market size and forecast 2023-2028
Exhibit 52: Chart on Liquid immersed insulation - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Liquid immersed insulation - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Liquid immersed insulation - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Liquid immersed insulation - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Indication
Exhibit 56: Market opportunity by Indication ($ billion)
Exhibit 57: Data Table on Market opportunity by Indication ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 83: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 India - Market size and forecast 2023-2028
Exhibit 91: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on India - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ billion)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Bharat Heavy Electricals Ltd.
Exhibit 111: Bharat Heavy Electricals Ltd. - Overview
Exhibit 112: Bharat Heavy Electricals Ltd. - Business segments
Exhibit 113: Bharat Heavy Electricals Ltd. - Key news
Exhibit 114: Bharat Heavy Electricals Ltd. - Key offerings
Exhibit 115: Bharat Heavy Electricals Ltd. - Segment focus
12.4 CG Power and Industrial Solutions Ltd.
Exhibit 116: CG Power and Industrial Solutions Ltd. - Overview
Exhibit 117: CG Power and Industrial Solutions Ltd. - Business segments
Exhibit 118: CG Power and Industrial Solutions Ltd. - Key offerings
Exhibit 119: CG Power and Industrial Solutions Ltd. - Segment focus
12.5 Daihen Corp.
Exhibit 120: Daihen Corp. - Overview
Exhibit 121: Daihen Corp. - Business segments
Exhibit 122: Daihen Corp. - Key offerings
Exhibit 123: Daihen Corp. - Segment focus
12.6 Eaton Corp. Plc
Exhibit 124: Eaton Corp. Plc - Overview
Exhibit 125: Eaton Corp. Plc - Business segments
Exhibit 126: Eaton Corp. Plc - Key offerings
Exhibit 127: Eaton Corp. Plc - Segment focus
12.7 ENERCON GmbH
Exhibit 128: ENERCON GmbH - Overview
Exhibit 129: ENERCON GmbH - Product / Service
Exhibit 130: ENERCON GmbH - Key offerings
12.8 Esennar Transformers Pvt. Ltd.
Exhibit 131: Esennar Transformers Pvt. Ltd. - Overview
Exhibit 132: Esennar Transformers Pvt. Ltd. - Product / Service
Exhibit 133: Esennar Transformers Pvt. Ltd. - Key offerings
12.9 General Electric Co.
Exhibit 134: General Electric Co. - Overview
Exhibit 135: General Electric Co. - Business segments
Exhibit 136: General Electric Co. - Key news
Exhibit 137: General Electric Co. - Key offerings
Exhibit 138: General Electric Co. - Segment focus
12.10 Hitachi Ltd.
Exhibit 139: Hitachi Ltd. - Overview
Exhibit 140: Hitachi Ltd. - Business segments
Exhibit 141: Hitachi Ltd. - Key news
Exhibit 142: Hitachi Ltd. - Key offerings
Exhibit 143: Hitachi Ltd. - Segment focus
12.11 Marsons Energy Pvt. Ltd.
Exhibit 144: Marsons Energy Pvt. Ltd. - Overview
Exhibit 145: Marsons Energy Pvt. Ltd. - Product / Service
Exhibit 146: Marsons Energy Pvt. Ltd. - Key offerings
12.12 Northern Transformer Corp.
Exhibit 147: Northern Transformer Corp. - Overview
Exhibit 148: Northern Transformer Corp. - Product / Service
Exhibit 149: Northern Transformer Corp. - Key offerings
12.13 S.E.A. Societa Elettromeccanica Arzignanese S.p.A.
Exhibit 150: S.E.A. Societa Elettromeccanica Arzignanese S.p.A. - Overview
Exhibit 151: S.E.A. Societa Elettromeccanica Arzignanese S.p.A. - Product / Service
Exhibit 152: S.E.A. Societa Elettromeccanica Arzignanese S.p.A. - Key offerings
12.14 Schneider Electric SE
Exhibit 153: Schneider Electric SE - Overview
Exhibit 154: Schneider Electric SE - Business segments
Exhibit 155: Schneider Electric SE - Key offerings
Exhibit 156: Schneider Electric SE - Segment focus
12.15 Siemens AG
Exhibit 157: Siemens AG - Overview
Exhibit 158: Siemens AG - Business segments
Exhibit 159: Siemens AG - Key news
Exhibit 160: Siemens AG - Key offerings
Exhibit 161: Siemens AG - Segment focus
12.16 STC Inc.
Exhibit 162: STC Inc. - Overview
Exhibit 163: STC Inc. - Product / Service
Exhibit 164: STC Inc. - Key offerings
12.17 Synergy Transformers Pvt. Ltd.
Exhibit 165: Synergy Transformers Pvt. Ltd. - Overview
Exhibit 166: Synergy Transformers Pvt. Ltd. - Product / Service
Exhibit 167: Synergy Transformers Pvt. Ltd. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 168: Inclusions checklist
Exhibit 169: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 170: Currency conversion rates for US$
13.4 Research methodology
Exhibit 171: Research methodology
Exhibit 172: Validation techniques employed for market sizing
Exhibit 173: Information sources
13.5 List of abbreviations
Exhibit 174: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Indication
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global transformers market for renewable energy 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 20: Historic Market Size - Indication Segment 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Application - Market share 2023-2028 (%)
Exhibits 31: Data Table on Application - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Application
Exhibits 33: Data Table on Comparison by Application
Exhibits 34: Chart on Solar PV - Market size and forecast 2023-2028 ($ billion)
Exhibits 35: Data Table on Solar PV - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Chart on Solar PV - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Solar PV - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Wind farm - Market size and forecast 2023-2028 ($ billion)
Exhibits 39: Data Table on Wind farm - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Chart on Wind farm - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Wind farm - Year-over-year growth 2023-2028 (%)
Exhibits 42: Market opportunity by Application ($ billion)
Exhibits 43: Data Table on Market opportunity by Application ($ billion)
Exhibits 44: Chart on Indication - Market share 2023-2028 (%)
Exhibits 45: Data Table on Indication - Market share 2023-2028 (%)
Exhibits 46: Chart on Comparison by Indication
Exhibits 47: Data Table on Comparison by Indication
Exhibits 48: Chart on Dry insulation - Market size and forecast 2023-2028 ($ billion)
Exhibits 49: Data Table on Dry insulation - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Chart on Dry insulation - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on Dry insulation - Year-over-year growth 2023-2028 (%)
Exhibits 52: Chart on Liquid immersed insulation - Market size and forecast 2023-2028 ($ billion)
Exhibits 53: Data Table on Liquid immersed insulation - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Chart on Liquid immersed insulation - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on Liquid immersed insulation - Year-over-year growth 2023-2028 (%)
Exhibits 56: Market opportunity by Indication ($ billion)
Exhibits 57: Data Table on Market opportunity by Indication ($ billion)
Exhibits 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 61: Chart on Geographic comparison
Exhibits 62: Data Table on Geographic comparison
Exhibits 63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 67: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 68: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 84: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 85: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 92: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 93: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 103: Market opportunity By Geographical Landscape ($ billion)
Exhibits 104: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 105: Impact of drivers and challenges in 2023 and 2028
Exhibits 106: Overview on Criticality of inputs and Factors of differentiation
Exhibits 107: Overview on factors of disruption
Exhibits 108: Impact of key risks on business
Exhibits 109: Vendors covered
Exhibits 110: Matrix on vendor position and classification
Exhibits 111: Bharat Heavy Electricals Ltd. - Overview
Exhibits 112: Bharat Heavy Electricals Ltd. - Business segments
Exhibits 113: Bharat Heavy Electricals Ltd. - Key news
Exhibits 114: Bharat Heavy Electricals Ltd. - Key offerings
Exhibits 115: Bharat Heavy Electricals Ltd. - Segment focus
Exhibits 116: CG Power and Industrial Solutions Ltd. - Overview
Exhibits 117: CG Power and Industrial Solutions Ltd. - Business segments
Exhibits 118: CG Power and Industrial Solutions Ltd. - Key offerings
Exhibits 119: CG Power and Industrial Solutions Ltd. - Segment focus
Exhibits 120: Daihen Corp. - Overview
Exhibits 121: Daihen Corp. - Business segments
Exhibits 122: Daihen Corp. - Key offerings
Exhibits 123: Daihen Corp. - Segment focus
Exhibits 124: Eaton Corp. Plc - Overview
Exhibits 125: Eaton Corp. Plc - Business segments
Exhibits 126: Eaton Corp. Plc - Key offerings
Exhibits 127: Eaton Corp. Plc - Segment focus
Exhibits 128: ENERCON GmbH - Overview
Exhibits 129: ENERCON GmbH - Product / Service
Exhibits 130: ENERCON GmbH - Key offerings
Exhibits 131: Esennar Transformers Pvt. Ltd. - Overview
Exhibits 132: Esennar Transformers Pvt. Ltd. - Product / Service
Exhibits 133: Esennar Transformers Pvt. Ltd. - Key offerings
Exhibits 134: General Electric Co. - Overview
Exhibits 135: General Electric Co. - Business segments
Exhibits 136: General Electric Co. - Key news
Exhibits 137: General Electric Co. - Key offerings
Exhibits 138: General Electric Co. - Segment focus
Exhibits 139: Hitachi Ltd. - Overview
Exhibits 140: Hitachi Ltd. - Business segments
Exhibits 141: Hitachi Ltd. - Key news
Exhibits 142: Hitachi Ltd. - Key offerings
Exhibits 143: Hitachi Ltd. - Segment focus
Exhibits 144: Marsons Energy Pvt. Ltd. - Overview
Exhibits 145: Marsons Energy Pvt. Ltd. - Product / Service
Exhibits 146: Marsons Energy Pvt. Ltd. - Key offerings
Exhibits 147: Northern Transformer Corp. - Overview
Exhibits 148: Northern Transformer Corp. - Product / Service
Exhibits 149: Northern Transformer Corp. - Key offerings
Exhibits 150: S.E.A. Societa Elettromeccanica Arzignanese S.p.A. - Overview
Exhibits 151: S.E.A. Societa Elettromeccanica Arzignanese S.p.A. - Product / Service
Exhibits 152: S.E.A. Societa Elettromeccanica Arzignanese S.p.A. - Key offerings
Exhibits 153: Schneider Electric SE - Overview
Exhibits 154: Schneider Electric SE - Business segments
Exhibits 155: Schneider Electric SE - Key offerings
Exhibits 156: Schneider Electric SE - Segment focus
Exhibits 157: Siemens AG - Overview
Exhibits 158: Siemens AG - Business segments
Exhibits 159: Siemens AG - Key news
Exhibits 160: Siemens AG - Key offerings
Exhibits 161: Siemens AG - Segment focus
Exhibits 162: STC Inc. - Overview
Exhibits 163: STC Inc. - Product / Service
Exhibits 164: STC Inc. - Key offerings
Exhibits 165: Synergy Transformers Pvt. Ltd. - Overview
Exhibits 166: Synergy Transformers Pvt. Ltd. - Product / Service
Exhibits 167: Synergy Transformers Pvt. Ltd. - Key offerings
Exhibits 168: Inclusions checklist
Exhibits 169: Exclusions checklist
Exhibits 170: Currency conversion rates for US$
Exhibits 171: Research methodology
Exhibits 172: Validation techniques employed for market sizing
Exhibits 173: Information sources
Exhibits 174: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global transformers market for renewable energy: Bharat Heavy Electricals Ltd., CG Power and Industrial Solutions Ltd., Daihen Corp., Eaton Corp. Plc, ENERCON GmbH, Esennar Transformers Pvt. Ltd., General Electric Co., Hitachi Ltd., LC Magnetics Inc., Marsons Energy Pvt. Ltd., Northern Transformer Corp., Rajasthan Powergen Transformer Pvt. Ltd., S.E.A. Societa Elettromeccanica Arzignanese S.p.A., Schneider Electric SE, Siemens AG, STC Inc., Synergy Transformers Pvt. Ltd., TESLA TRANSFORMERS GLOBAL Pvt. Ltd., Voltamp Transformers Ltd., and Westrafo Srl.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the rising number of offshore wind farm installations."

According to the report, one of the major drivers for this market is the shift in focus of government bodies toward renewable energy.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

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

  • Bharat Heavy Electricals Ltd.
  • CG Power and Industrial Solutions Ltd.
  • Daihen Corp.
  • Eaton Corp. Plc
  • ENERCON GmbH
  • Esennar Transformers Pvt. Ltd.
  • General Electric Co.
  • Hitachi Ltd.
  • LC Magnetics Inc.
  • Marsons Energy Pvt. Ltd.
  • Northern Transformer Corp.
  • Rajasthan Powergen Transformer Pvt. Ltd.
  • S.E.A. Societa Elettromeccanica Arzignanese S.p.A.
  • Schneider Electric SE
  • Siemens AG
  • STC Inc.
  • Synergy Transformers Pvt. Ltd.
  • TESLA TRANSFORMERS GLOBAL Pvt. Ltd.
  • Voltamp Transformers Ltd.
  • Westrafo Srl

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