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Distribution Transformer Market Report by Insulation Type (Dry, Liquid Immersed), Mounting (Pad, Pole, Underground vault), Phase (Single, Three), Power Rating (Up to 500 kVA, 501 kVA-2500 kVA, Above 2500 kVA), and Region 2024-2032

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    Report

  • 138 Pages
  • March 2024
  • Region: Global
  • IMARC Group
  • ID: 5946432
The global distribution transformer market size reached US$ 20.1 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 30.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.7% during 2023-2032.

A distribution transformer, also known as an isolation transformer, is used to alter the high voltage in electric power distribution. It comprises an oil tank, conservator, Buchholz relay, breather unit, oil indicator, temperature detector, pressure relief device, thermal relay, radiator, and bushing. It assists in distributing the power to remote areas, which is generated from the power plants. It also helps reduce the voltage to provide isolation between the two windings as primary and secondary. At present, distribution transformer is commonly available in different sizes and efficiencies.

Distribution Transformer Market Trends:

The increasing electricity consumption and power generation around the world represent one of the major factors positively influencing the demand for distribution transformers. In addition, expanding global population and rising investments in the development of smart cities by governing agencies of numerous countries are driving the application of distribution transformers in commercial, residential, and industrial complexes. In addition, due to the growing environmental concerns and energy security, governing agencies are imposing stringent policies to reduce carbon emissions and encourage the adoption of renewable energy and distribution transformers. The market growth can also be attributed to initiatives undertaken for facilitating the supply of electricity in rural areas. Apart from this, rising sales of electric vehicles (EVs) on account of rapid urbanization and improving income levels are creating a positive outlook for the market. Along with this, the launch of EV charging stations worldwide is offering lucrative growth opportunities to key players operating in the industry. Furthermore, key players are extensively investing in research and development (R&D) activities of transformer production and focusing on upgrading the existing infrastructure to minimize power failures, which is anticipated to provide a favorable market outlook.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global distribution transformer market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on insulation type, mounting, phase and power rating.

Breakup by Insulation Type:

  • Dry
  • Liquid Immersed

Breakup by Mounting:

  • Pad
  • Pole
  • Underground vault

Breakup by Phase:

  • Single
  • Three

Breakup by Power Rating:

  • Up to 500 kVA
  • 501 kVA-2500 kVA
  • Above 2500 kVA

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

  • The competitive landscape of the industry has also been examined along with the profiles of the key players being CG Power and Industrial Solutions Limited (Murugappa Group), Eaton Corporation PLC, EMCO Limited, General Electric, Hammond Power Solutions Inc., Hitachi Energy Ltd, Ormazabal (Velatia S.L.), Schneider Electric, SGB-Smit Group, Siemens AG, Toshiba Energy Systems & Solutions Corporation (Toshiba Corporation), Wilson Power Solutions and Wilson Transformer Company.

Key Questions Answered in This Report

1. What was the size of the global distribution transformer market in 2023?
2. What is the expected growth rate of the global distribution transformer market during 2024-2032?
3. What are the key factors driving the global distribution transformer market?
4. What has been the impact of COVID-19 on the global distribution transformer market?
5. What is the breakup of the global distribution transformer market based on the insulation type?
6. What is the breakup of the global distribution transformer market based on the mounting?
7. What is the breakup of the global distribution transformer market based on power rating?
8. What are the key regions in the global distribution transformer market?
9. Who are the key players/companies in the global distribution transformer market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Distribution Transformer Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Insulation Type
6.1 Dry
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Liquid immersed
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Mounting
7.1 Pad
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Pole
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Underground vault
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Phase
8.1 Single
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Three
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Power Rating
9.1 Up to 500 kVA
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 501 kVA-2500 kVA
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Above 2500 kVA
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 CG Power and Industrial Solutions Limited (Murugappa Group)
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Eaton Corporation PLC
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 EMCO Limited
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.4 General Electric
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Hammond Power Solutions Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6 Hitachi Energy Ltd
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Ormazabal (Velatia S.L.)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Schneider Electric
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 SGB-Smit Group
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Siemens AG
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Toshiba Energy Systems & Solutions Corporation (Toshiba Corporation)
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 Wilson Power Solutions
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.13 Wilson Transformer Company
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
List of Figures
Figure 1: Global: Distribution Transformer Market: Major Drivers and Challenges
Figure 2: Global: Distribution Transformer Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Distribution Transformer Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Distribution Transformer Market: Breakup by Insulation Type (in %), 2023
Figure 5: Global: Distribution Transformer Market: Breakup by Mounting (in %), 2023
Figure 6: Global: Distribution Transformer Market: Breakup by Phase (in %), 2023
Figure 7: Global: Distribution Transformer Market: Breakup by Power Rating (in %), 2023
Figure 8: Global: Distribution Transformer Market: Breakup by Region (in %), 2023
Figure 9: Global: Distribution Transformer (Dry) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Distribution Transformer (Dry) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Distribution Transformer (Liquid Immersed) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Distribution Transformer (Liquid Immersed) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Distribution Transformer (Pad) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Distribution Transformer (Pad) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Distribution Transformer (Pole) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Distribution Transformer (Pole) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Distribution Transformer (Underground vault) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Distribution Transformer (Underground vault) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Distribution Transformer (Single) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Distribution Transformer (Single) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Distribution Transformer (Three) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Distribution Transformer (Three) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Distribution Transformer (Up to 500 kVA) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Distribution Transformer (Up to 500 kVA) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Distribution Transformer (501 kVA-2500 kVA) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Distribution Transformer (501 kVA-2500 kVA) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Distribution Transformer (Above 2500 kVA) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Distribution Transformer (Above 2500 kVA) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: North America: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: North America: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: United States: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: United States: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Canada: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Canada: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Asia-Pacific: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Asia-Pacific: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: China: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: China: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Japan: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Japan: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: India: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: India: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: South Korea: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: South Korea: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Australia: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Australia: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Indonesia: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Indonesia: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Others: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Others: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Europe: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Europe: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Germany: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Germany: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: France: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: France: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: United Kingdom: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: United Kingdom: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Italy: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Italy: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Spain: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Spain: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Russia: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Russia: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Others: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Others: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Latin America: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Latin America: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Brazil: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Brazil: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Mexico: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Mexico: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Others: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Others: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Middle East and Africa: Distribution Transformer Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Middle East and Africa: Distribution Transformer Market: Breakup by Country (in %), 2023
Figure 77: Middle East and Africa: Distribution Transformer Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Global: Distribution Transformer Industry: SWOT Analysis
Figure 79: Global: Distribution Transformer Industry: Value Chain Analysis
Figure 80: Global: Distribution Transformer Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Distribution Transformer Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Distribution Transformer Market Forecast: Breakup by Insulation Type (in Million US$), 2024-2032
Table 3: Global: Distribution Transformer Market Forecast: Breakup by Mounting (in Million US$), 2024-2032
Table 4: Global: Distribution Transformer Market Forecast: Breakup by Phase (in Million US$), 2024-2032
Table 5: Global: Distribution Transformer Market Forecast: Breakup by Power Rating (in Million US$), 2024-2032
Table 6: Global: Distribution Transformer Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Distribution Transformer Market: Competitive Structure
Table 8: Global: Distribution Transformer Market: Key Players

Companies Mentioned

  • CG Power and Industrial Solutions Limited (Murugappa Group)
  • Eaton Corporation PLC
  • EMCO Limited
  • General Electric
  • Hammond Power Solutions Inc.
  • Hitachi Energy Ltd
  • Ormazabal (Velatia S.L.)
  • Schneider Electric
  • SGB-Smit Group
  • Siemens AG
  • Toshiba Energy Systems & Solutions Corporation (Toshiba Corporation)
  • Wilson Power Solutions
  • Wilson Transformer Company.

Methodology

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Table Information