Phase Shifting Transformers Market

A phase-shifting transformer is a device for controlling the power flow through specific lines in a complex power transmission network. The basic function of a phase-shifting transformer is to change the effective phase displacement between the input voltage and the output voltage of a transmission line, thus controlling the amount of active power that can flow in the line.

Phase shifting transformers (PST) are crucial components in the ongoing strive for improved AC network efficiency. Increasing amounts of transmitted energy push the networks to the limit, increasing the risk of network instability.

PSTs allow controlling the power flow in the transmission grid independently of the generation. By avoiding system overloads and instabilities protect transmission lines and HV equipment from thermal overload, improve transmission system stability and control the power flow between different networks, for parallel long distance overhead lines or for parallel cables.

PSTs are highly specialized pieces of equipment that require leading- edge design and manufacturing skills combined with stringent quality control. They are highly complex power transformers, with more windings and tap changers than traditional power transformers and a large number of connections between the three-phases.

Phase Shifting Transformers Market contains market size and forecasts of Phase Shifting Transformers in global, including the following market information:

Global Phase Shifting Transformers Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Phase Shifting Transformers Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Phase Shifting Transformers companies in 2021 (%)

The global Phase Shifting Transformers market was valued at 98.8 million in 2021 and is projected to reach US$ 151.7 million by 2028, at a CAGR of 6.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Below 400 M VA Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Phase Shifting Transformers include Siemens, ABB, Toshiba, Raychem RPG, SGB_SMIT, CG, Tamini and Baoding Tianwei Baobian Electric, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Phase Shifting Transformers 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 Phase Shifting Transformers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Phase Shifting Transformers Market Segment Percentages, by Type, 2021 (%)

Below 400 M VA

400 MVA-800 MVA

Over 800 MVA

Global Phase Shifting Transformers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Phase Shifting Transformers Market Segment Percentages, by Application, 2021 (%)

Re-Distribute Power in Parallel Lines (Both Ends Are at Same Voltage Level)

Direct Power from One Voltage Level to Another (Auto-Transformer + PST)

Global Phase Shifting Transformers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Phase Shifting Transformers 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 Phase Shifting Transformers revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Phase Shifting Transformers revenues share in global market, 2021 (%)

Key companies Phase Shifting Transformers sales in global market, 2017-2022 (Estimated), (Units)

Key companies Phase Shifting Transformers sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Siemens

ABB

Toshiba

Raychem RPG

SGB_SMIT

CG

Tamini

Baoding Tianwei Baobian Electric