Transformer Winding Machines Global Market Report 2024

Transformer winding machines, also known as coil winding machines, are utilized in the production of coils for transformers. These machines play a crucial role in winding copper coils onto a bobbin, the cylindrical platform on which the coil is wound, to manufacture transformers. Additionally, they are employed in winding coils for toroidal transformers, where copper wire is wrapped around a cylindrical core.

The primary types of transformer winding machines include automatic, semi-automatic, and manual variants. Automatic transformer winding machines are digitally controlled, providing efficient and precise winding operations. These machines contribute to energy efficiency by minimizing electricity waste. Transformer winding machines find applications in various industries such as power, automobile, electrical, electronics, healthcare, aerospace, defense, and others.

The transformer winding machines market research report is one of a series of new reports that provides transformer winding machines market statistics, including transformer winding machines industry global market size, regional shares, competitors with a transformer winding market share, detailed transformer winding machines market segments, market trends and opportunities, and any further data you may need to thrive in the transformer winding machines industry. This transformer winding machines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The transformer winding machines market size has grown strongly in recent years. It will grow from $0.95 billion in 2023 to $1.01 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth observed during the historical period can be attributed to several factors, including the upgrading of aging infrastructure, a heightened demand for electricity, the increasing need for energy-efficient transformers, government initiatives promoting the adoption of renewable energy sources, and ongoing industrialization and infrastructure development.

The transformer winding machines market size is expected to see strong growth in the next few years. It will grow to $1.3 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing demand for electric vehicles, the expansion of renewable energy sources, the growing deployment of energy storage systems, the electrification of transportation, and a focus on grid resilience and reliability. Key trends expected during this period encompass the integration of smart grids and IoT (Internet of Things), the adoption of automation and robotics, the digitization and implementation of Industry 4.0 technologies, a focus on customization and flexibility in transformer winding machines, and advancements in energy-efficient winding techniques.

The growth of the transformer winding machines market is being significantly influenced by the increasing demand for electric vehicles. As electric vehicles become more popular, the demand for transformers, essential for operating charging stations efficiently, rises. Transformer winding machines play a crucial role in meeting this demand by ensuring the precise winding of wires around the core. According to the International Energy Agency's Global Electric Vehicle Outlook 2022, electric car sales, including fully electric and plug-in hybrids, doubled in 2021, reaching a record of 6.6 million. China alone accounted for half of the global total with electric car sales nearly tripling to 3.3 million. Therefore, the surge in electric vehicle demand is a key driver for the growth of the transformer winding machines market.

Anticipated growth in electricity demand is another factor expected to drive the transformer winding machines market. With electricity being a fundamental component of modern life and technology, the precise winding of wires around transformer cores becomes crucial for efficient power transformation and distribution. In Colombia, for example, total net electricity production increased by 1.1% on a year-to-date basis, reaching 7.0 terawatt-hours in June 2023, highlighting the continuous demand for electricity. This increasing need for electricity is expected to contribute to the growth of the transformer winding machines market.

Technological advancement is a significant trend in the transformer winding machines market. Leading companies in this sector are actively involved in developing advanced technological solutions to enhance transformer winding machines. For instance, BTSR International introduced the CWF 2000 device in 2021, incorporating multi-patented system technology. The device's design allows for consistent and uniform wire feeding, regardless of speed or coil size, contributing to more efficient transformer winding.

Major companies are focusing on the development of fully automatic winding machines. These machines streamline the winding process by automatically winding materials onto spools or reels without manual intervention. Grewin Industrial Group, for instance, launched a self-adhesive coil fully automatic winding machine in October 2023, designed to meet the needs of industries requiring high-performance winding machines. The machine utilizes advanced technology for precise and accurate winding tasks.

In June 2021, KAMIC Group AB acquired Talema Group, a US-based manufacturer of magnetic components, including transformers. This strategic move enhances KAMIC Group AB's geographical presence and business offerings. Talema Group's expertise in manufacturing magnetic components aligns with the growing demands in the transformer winding machines market.

Major companies operating in the transformer winding machines market include SILMEK SRL, ACME Electronics Corp., Synthesis Winding Technologies Pvt Ltd., Sagar Industries, Specific Mechatronics Pvt Ltd., Transwind Technologies, Tesca Technologies Pvt. Ltd., Keshav Precision Products, KB Machineries, Young Technocrafts, Formertron Engineering Pvt Ltd., Sanghani Electricals, Associated Technocrats, H. K. Enterprises, KUKA Aktiengesellschaft, Electrical Engineering Institute Inc., Trafomac NV, Jovil Universal Zhongshan Co. Ltd., Sideros Engineering S.p.A., SMC Machinery Private Limited, ZTR Control Systems LLC, Arnold Magnetic Technologies Corporation, TransPro Electrical Products Inc., Sumitomo Demag Plastics Machinery GmbH, Yongkang Kaituo Industry and Trade Co. Ltd., Zhuji Huatai Electric Machine Manufacturing Co. Ltd., Armature Winding Machines Ltd., SPX Transformer Solutions Inc., Bartell Machinery Systems LLC., Celme S.r.l., Precision Electronics Ltd., Premier Ltd., Wey Hwang Industry Co. Ltd., ADREM Engineering Company., Serimek Ltd. Şti., Wellon Machinery Co. Ltd.

North America was the largest region in the transformer winding machines market in 2023. The regions covered in the transformer winding machines market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the transformer winding machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The transformer winding machines market consists of sales of manual transformer winding machines, programmable transformer winding machines, and automatic transformer winding machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.