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Download Free sampleThe transformers manufacturing market consists of establishments engaged in the manufacturing of power, distribution and specialty transformers. Some equipment manufactured by these establishments in this industry include fluorescent ballasts, distribution transformers, substation transformers, transmission and distribution voltage regulators and electric power distribution.
Transformer Market contains market size and forecasts of Transformer Manufacturing in global, including the following market information:
Global Transformer Manufacturing Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Transformer Manufacturing Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Transformer Manufacturing companies in 2021 (%)
The global Transformer Manufacturing market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Low Rated Transformers Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Transformer Manufacturing include General Electric, ABB, Schneider Electric, Mitsubishi Electric and Toshiba, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Transformer Manufacturing manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Transformer Manufacturing Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Transformer Manufacturing Market Segment Percentages, by Type, 2021 (%)
Low Rated Transformers
Medium Rated Transformers
High Rated Transformers
Global Transformer Manufacturing Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Transformer Manufacturing Market Segment Percentages, by Application, 2021 (%)
Power Plant
Substation
Global Transformer Manufacturing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Transformer Manufacturing Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Transformer Manufacturing revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Transformer Manufacturing revenues share in global market, 2021 (%)
Key companies Transformer Manufacturing sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Transformer Manufacturing sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Electric
ABB
Schneider Electric
Mitsubishi Electric
Toshiba
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