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The liquid-immersed transformers market is forecasted to grow by USD 12.45 billion during 2023-2028, accelerating at a CAGR of 6.36% during the forecast period. The report on the liquid-immersed transformers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 expansion of t and d driving the demand for liquid-immersed transformers, modernization of existing transformers, and increasing investment in renewable energy sources.
The liquid-immersed transformers market is segmented as below:
By Type
- Power transformers
- Distribution transformers
By Application
- Commercial power
- Residential power
- Industrial power
By Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the liquid-immersed transformers market covers the following areas:
- Liquid-immersed transformers market sizing
- Liquid-immersed transformers market forecast
- Liquid-immersed transformers market industry analysis
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 report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global liquid-immersed transformers market: ABB Ltd., ALTRAFO Srl, Celme Srl, CG Power and Industrial Solutions Ltd., China XD Group Co. Ltd., DuPont de Nemours Inc., Eaton Corp. Plc, EL Sewedy Electric Co., General Electric Co., Hitachi Ltd., Hyosung Heavy Industries Corp., Hyundai Heavy Industries Group, IMEFY GROUP, ISMET GmbH, LS ELECTRIC Co. Ltd., MGM Transformer Co., Schneider Electric SE, Siemens AG, Toshiba Corp., and Vantran Transformers.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing popularity of bio-based and naphthenic transformer oil."
According to the report, one of the major drivers for this market is the expansion of t and d driving the demand for liquid-immersed transformers.
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:
- ABB Ltd.
- ALTRAFO Srl
- Celme Srl
- CG Power and Industrial Solutions Ltd.
- China XD Group Co. Ltd.
- DuPont de Nemours Inc.
- Eaton Corp. Plc
- EL Sewedy Electric Co.
- General Electric Co.
- Hitachi Ltd.
- Hyosung Heavy Industries Corp.
- Hyundai Heavy Industries Group
- IMEFY GROUP
- ISMET GmbH
- LS ELECTRIC Co. Ltd.
- MGM Transformer Co.
- Schneider Electric SE
- Siemens AG
- Toshiba Corp.
- Vantran Transformers
