Transformer Cores Market

A transformer core is typically made of a high perm material with little or no gap. Energy is transferred constantly from an AC source through the coupling of the lines of flux between the winding on the primary and the winding on the secondary. An ideal transformer provides minimum core losses and maximum power transfer, at a low cost in the least amount of space. Core materials for transformers are typically ferrites, strip wound products and, less commonly, powder cores.

Transformer Cores Market contains market size and forecasts of Transformer Cores in global, including the following market information:

Global Transformer Cores Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Transformer Cores Market Sales, 2017-2022, 2023-2028, (Kiloton)

Global top five Transformer Cores companies in 2021 (%)

The global Transformer Cores market was valued at 7162.5 million in 2021 and is projected to reach US$ 9745.8 million by 2028, at a CAGR of 4.5% during the forecast period.

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

Steel Laminated Cores Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Transformer Cores include ABB, SIEMENS, Alstom, TOSHIBA, Mitsubishi Electric, Hitachi, HYOSUNG, ZTR and SGB-SMIT, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Transformer Cores 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 Cores Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Transformer Cores Market Segment Percentages, by Type, 2021 (%)

Steel Laminated Cores

Solid Cores

Global Transformer Cores Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Transformer Cores Market Segment Percentages, by Application, 2021 (%)

Power Industry Transformer

Consumer Electronics Transformer

Global Transformer Cores Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Transformer Cores 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 Cores revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Transformer Cores revenues share in global market, 2021 (%)

Key companies Transformer Cores sales in global market, 2017-2022 (Estimated), (Kiloton)

Key companies Transformer Cores sales share in global market, 2021 (%)

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

ABB

SIEMENS

Alstom

TOSHIBA

Mitsubishi Electric

Hitachi

HYOSUNG

ZTR

SGB-SMIT

Fuji Electric

CG

SPX

TDK

Efacec

Laird

Fair-Rite Products Corp

Ferroxcube

TBEA

JSHP Transformer

Wujiang Transformer

China XD Group

Tianwei Group

Dachi Electric

Liye Power Transformer

Luneng Mount.Tai Electric

Qiantang River Electric

AT&M

Sanbian Sci-Tech

Gaotune technologies