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Download Free sampleA transformer is an electrical device that transfers energy between two or more circuits through electromagnetic induction. In grid networks, two main types of transformers are used ? power transformers and distribution transformers.
Transformers Market contains market size and forecasts of Transformers in global, including the following market information:
Global Transformers Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Transformers Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Transformers companies in 2021 (%)
The global Transformers market was valued at 23230 million in 2021 and is projected to reach US$ 30030 million by 2028, at a CAGR of 3.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Power Transformer Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Transformers include ABB, TBEA, SIEMENS, GE, JSHP Transformer, Schneider, Sanbian Sci-Tech, SGB-SMIT and TOSHIBA, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the 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 Transformers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Transformers Market Segment Percentages, by Type, 2021 (%)
Power Transformer
Distribution Transformer
Others
Global Transformers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Transformers Market Segment Percentages, by Application, 2021 (%)
Power Industry
Metallurgy Industry
Petrochemicals Industry
Railways Industry
Urban Construction
Global Transformers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global 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 Transformers revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Transformers revenues share in global market, 2021 (%)
Key companies Transformers sales in global market, 2017-2022 (Estimated), (Units)
Key companies Transformers sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
TBEA
SIEMENS
GE
JSHP Transformer
Schneider
Sanbian Sci-Tech
SGB-SMIT
TOSHIBA
Qingdao Transformer Group
Mitsubishi Electric
SPX
Eaton
Efacec
Hitachi
Alstom
Crompton Greaves
Sunten Electric
Daihen
Fuji Electric
Qiantang River Electric
ZTR
Dachi Electric
Hyundai
Luneng
Tianwei Group
Hyosung
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
