Transformer Winding Machines Market Report 2026

The transformer winding machines market size has grown strongly in recent years. It will grow from $1.04 billion in 2025 to $1.11 billion in 2026 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to expansion of power transmission infrastructure, growth of electrical equipment manufacturing, increasing demand for transformers, rise in industrial electrification, adoption of mechanized coil production.

The transformer winding machines market size is expected to see strong growth in the next few years. It will grow to $1.43 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to growth of renewable energy installations, expansion of electric vehicle charging infrastructure, increasing demand for smart transformers, automation of electrical manufacturing processes, rising investments in power grid modernization. Major trends in the forecast period include adoption of fully automatic winding systems, high precision coil winding requirements, growing demand for toroidal transformer winding, integration of programmable control systems, rising focus on production efficiency.

The rising demand for electric vehicles is expected to drive the growth of the transformer winding machines market in the coming years. In electric vehicles, the auxiliary battery supplies power to vehicle systems, while the charging port enables connection to an external power source for recharging. Charging stations are linked to the power grid, which relies on transformers to ensure efficient electricity distribution. As demand for transformers increases, the need for transformer winding machines also grows. For instance, in 2024, according to the International Energy Agency, a France-based intergovernmental organization, global electric car sales exceeded 17 million units, representing an increase of more than 25%. This included an additional 3.5 million vehicles sold compared to 2023 alone. Therefore, the growing adoption of electric vehicles is fueling the expansion of the transformer winding machines market.

Major companies in the transformer winding machines market are concentrating on the development of fully automatic winding machines to strengthen their market position. A fully automatic winding machine is a mechanical system that automatically winds materials such as wire, cable, or thread onto spools or reels without human intervention, enhancing efficiency and precision in the winding process. For example, in October 2023, Grewin Industrial Group Co. Ltd., a China-based manufacturer of advanced machinery, introduced its latest model, the self-adhesive coil fully automatic winding machine. This equipment is engineered to fulfill the needs of industries requiring high-performance winding solutions for various materials. It features advanced technology that allows it to perform complex winding operations with exceptional precision and accuracy.

In April 2024, Integrated Power Services (IPS), a US-based provider of solutions for driven equipment and power management systems, acquired Swiger Coil Systems from Wabtec Corporation for an undisclosed sum. This acquisition enables IPS to enter the electric coil and traction motor manufacturing and repair markets in the U.S. and Canada. Wabtec Corporation is a US-based manufacturer of transformer winding machines.

Major companies operating in the transformer winding machines market are 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, Electrical Engineering Institute Inc., Trafomac NV, Jovil Universal Zhongshan Co. Ltd., Sideros Engineering S.p.A., SMC Machinery Private Limited, Yongkang Kaituo Industry and Trade Co. Ltd., Zhuji Huatai Electric Machine Manufacturing Co. Ltd., Armature Winding Machines Ltd., Bartell Machinery Systems LLC, Celme S.r.l.

North America was the largest region in the transformer winding machines market in 2025. The regions covered in the transformer winding machines market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the transformer winding machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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.

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