Table of Content


Chapter 1 Introduction
1.1 Overview
1.2 Study Goals and Objectives
1.3 Reasons for Doing This Study
1.4 What’s New in This Update?
1.5 Scope of Report
1.6 Information Sources
1.7 Intended Audience
1.8 Research Methodology
1.9 Regional Breakdown
1.10 Analyst’s Credentials
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
3.1 Current Market Overview
3.2 Classification of Insulating Materials Used in Transformers
3.3 Necessity of Upgrading Oil Transformers
3.4 Signs That Indicate Transformer Needs Maintenance
3.5 Different Types of Transformer Failure Modes
3.6 Causes of Failures in Transformer by Type
3.7 Transformers Types
3.8 Value Chain Analysis for the Transformers Market
3.9 Porter’s Five Forces Model
3.10 PESTLE Analysis
3.11 COVID-19’s Impact on the Global Transformer Market
3.12 Russia--Ukraine War Impact on the Global Transformer Market
Chapter 4 Global Market Dynamics
4.1 Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Current Market Trends
4.5 Market Opportunities
Chapter 5 Market Breakdown by Type
5.1 Overview
5.2 Global Market by Type
5.3 North American Market by Type
5.4 European Market by Type
5.5 Asia-Pacific Market by Type
5.6 Rest of the World Market by Type
Chapter 6 Market Breakdown by Capacity Rating
6.1 Overview
6.2 Global Market by Capacity Rating
6.3 North American Market by Capacity Rating
6.4 European Market by Capacity Rating
6.5 Asia-Pacific Market by Capacity Rating
6.6 Rest of the World Market by Capacity Rating
Chapter 7 Market Breakdown by Phase
7.1 Overview
7.2 Global Market by Phase
7.3 North American Market by Phase
7.4 European Market by Phase
7.5 Asia-Pacific Market by Phase
7.6 Rest of the World Market by Phase
Chapter 8 Market Breakdown by Insulation Type
8.1 Overview
8.2 Global Market, by Insulation Type
8.2.1 Solid
8.2.2 Oil
8.2.3 Gas
8.3 North American Market by Insulation Type
8.4 European Market by Insulation Type
8.5 Asia-Pacific Market by Insulation Type
8.6 Rest of the World Market by Insulation Type
Chapter 9 Market Breakdown by Mounting Location
9.1 Overview
9.2 Global Market by Mounting Location
9.2.1 Pad Mounted
9.2.2 Pole Mounted
9.3 North American Market by Mounting Location
9.4 European Market by Mounting Location
9.5 Asia-Pacific Market by Mounting Location
9.6 Rest of the World Market by Mounting Location
Chapter 10 Market Breakdown by End-Use Industry
10.1 Overview
10.2 Global Market by End-Use Industry
10.2.1 Residential and Commercial
10.2.2 Industrial
10.2.3 Power Utilities
10.3 North American Market by End-Use Industry
10.4 European Market by End-Use Industry
10.5 Asia-Pacific by End-Use Industry
10.6 Rest of the World Market by End-Use Industry
Chapter 11 Market Breakdown by Region
11.1 Overview
11.2 North America
11.2.1 North American Transformer Market by Country
11.3 European Market
11.3.1 European Transformer Market by Country
11.4 Asia-Pacific
11.4.1 Asia-Pacific Transformer Market by Country
11.5 Rest of the World Market
11.5.1 Rest of the World Transformer Market by Country
Chapter 12 Patent Analysis
12.1 Overview
12.2 Descriptions of Patents on Transformers
Chapter 13 Competitive Landscape
13.1 Overview
13.2 Market Share Analysis
13.3 Strategic Analysis
13.4 Product Mapping Analysis
13.4.1 Product Mapping Analysis, by Transformer Capacity
13.5 Key Developments
13.6 List of Resources for Transformers
Chapter 14 Company Profiles
14.1 Overview
ABB LTD.
BHARAT HEAVY ELECTRICALS LIMITED
CELME S.R.L.
CG POWER AND INDUSTRIAL SOLUTIONS LTD.
DAIHEN CORP.
EATON CORPORATION PLC
GENERAL ELECTRIC CO.
HAMMOND POWER SOLUTIONS
HYOSUNG HEAVY INDUSTRIES
HYUNDAI ELECTRIC & ENERGY SYSTEMS CO., LTD.
JIANGSU HUAPENG TRANSFORMER CO. LTD.
MITSUBISHI ELECTRIC CORP.
SCHNEIDER ELECTRIC
SIEMENS AG
TOSHIBA ENERGY SYSTEMS & SOLUTIONS CORPORATION
WEG
Chapter 15 Appendix: Acronyms



List of Figures

List of Figures
Summary Figure : Global Market Shares of Transformers, by Region, 2021
Figure 1 : Properties of Insulating Materials
Figure 2 : Insulating Materials Used in Transformer
Figure 3 : Usage of Kraft Paper in the Transformers
Figure 4 : Forms of Pressboards and Usage in Transformers
Figure 5 : Signs Indicating Transformer Needs Inspection
Figure 6 : Causes of Failures in Transformer, by Type
Figure 7 : Causes of Failures in Transformer, by Bushings
Figure 8 : Value Chain Analysis for the Transformer Market
Figure 9 : Porter’s Five Forces Model for the Transformer Market
Figure 10 : PESTLE Analysis for Transformer Market
Figure 11 : Global Market Dynamics
Figure 12 : Investments in Digital Infrastructure in Transmission and Distribution Electricity Grids, 2017-2021
Figure 13 : Capacity Addition of Renewable Energy, 2019-2027
Figure 14 : Increasing Electricity Consumption, by Region, 2020 and 2021
Figure 15 : Restraints on the Global Market
Figure 16 : Current Trends in the Global Market
Figure 17 : Growing Investment in Electricity Grid, 2017-2021
Figure 18 : Opportunities in the Global Transformer Market
Figure 19 : Growing Investment in Greenfield FDI Projects, 2017-2021
Figure 20 : Global Market Shares of Transformers, by Type, 2021
Figure 21 : North American Market Shares of Transformers, by Type, 2021
Figure 22 : European Market Shares of Transformers, by Type, 2021
Figure 23 : Asia-Pacific Market Shares of Transformers, by Type, 2021
Figure 24 : Rest of the World Market Shares of Transformers, by Type, 2021
Figure 25 : Global Market Shares of Transformers, by Capacity Rating, 2021
Figure 26 : North American Market Shares of Transformers, by Capacity Rating, 2021
Figure 27 : European Market Shares of Transformers, by Capacity Rating, 2021
Figure 28 : Asia-Pacific Market Shares of Transformers, by Capacity Rating, 2021
Figure 29 : Rest of the World Market Shares of Transformers, by Capacity Rating, 2021
Figure 30 : Global Market Shares of Transformers, by Phase, 2021
Figure 31 : North American Market Shares of Transformers, by Phase, 2021
Figure 32 : European Market Shares of Transformers, by Phase, 2021
Figure 33 : Asia-Pacific Market Shares of Transformers, by Phase, 2021
Figure 34 : Rest of the World Market Shares of Transformers, by Phase, 2021
Figure 35 : Global Market Shares of Transformers, by Insulation Type, 2021
Figure 36 : North American Market Shares of Transformers, by Insulation Type, 2021
Figure 37 : European Market Shares of Transformers, by Insulation Type, 2021
Figure 38 : Asia-Pacific Market Shares of Transformers, by Insulation Type, 2021
Figure 39 : Rest of the World Market Shares of Transformers, by Insulation Type, 2021
Figure 40 : Global Market Shares of Transformers, by Mounting Location, 2021
Figure 41 : North American Market Shares of Transformers, by Mounting Location, 2021
Figure 42 : European Market Shares of Transformers, by Mounting Location, 2021
Figure 43 : Asia-Pacific Market Shares of Transformers, by Mounting Location, 2021
Figure 44 : Rest of the World Market Shares of Transformers, by Mounting Location, 2021
Figure 45 : Global Market Shares of Transformers, by End-Use Industry, 2021
Figure 46 : North American Market Shares of Transformers, by End-Use Industry, 2021
Figure 47 : European Market Shares of Transformers, by End-Use Industry, 2021
Figure 48 : Asia-Pacific Market Shares of Transformers, by End-Use Industry, 2021
Figure 49 : Rest of the World Market Shares of Transformers, by End-Use Industry, 2021
Figure 50 : Global Market Shares of Transformers, by Region, 2021
Figure 51 : North American Market Shares of Transformers, by Country, 2021
Figure 52 : European Market Shares of Transformers, by Country, 2021
Figure 53 : Asia-Pacific Market Shares of Transformers, by Country, 2021
Figure 54 : Rest of the World Market Shares of Transformers, by Region, 2021
Figure 55 : Shares of Patents Published on Transformers, by Assignee Country, 2021
Figure 56 : Shares of Patents Published on Transformers, by Assignee Country, 2022*
Figure 57 : Global Transformers Top Players Shares, Strategic Analysis
Figure 58 : ABB Ltd.: Revenue Share, by Business Segment, 2021
Figure 59 : ABB Ltd.: Revenue Share, by Region, 2021
Figure 60 : ABB Ltd.: SWOT Analysis
Figure 61 : BHEL: Revenue Share, by Business Segment, 2021
Figure 62 : BHEL: Revenue Share, by Region, 2021
Figure 63 : BHEL: SWOT Analysis
Figure 64 : Celme S.R.L.: SWOT Analysis
Figure 65 : CG Power and Industrial Solutions Ltd.: Revenue Share, by Business Segment, 2021
Figure 66 : CG Power and Industrial Solutions Ltd.: Revenue Share, by Region, 2021
Figure 67 : CG Power and Industrial Solutions Ltd.: SWOT Analysis
Figure 68 : DAIHEN Corp.: Revenue Share, by Business Segment, 2021
Figure 69 : DAIHEN Corp.: Revenue Share, by Region/Country, 2021
Figure 70 : DAIHEN Corp.: SWOT Analysis
Figure 71 : EATON Corporation PLC: Revenue Share, by Business Segment, 2021
Figure 72 : EATON Corporation PLC: Revenue Share, by Region/Country, 2021
Figure 73 : EATON Corporation PLC: SWOT Analysis
Figure 74 : General Electric Co.: Revenue Share, by Business Segment, 2022
Figure 75 : General Electric Co.: Revenue Share, by Region/Country, 2022
Figure 76 : General Electric Co.: SWOT Analysis
Figure 77 : Hammond Power Solutions: Revenue Share, by Country, 2021
Figure 78 : Hammond Power Solutions: SWOT Analysis
Figure 79 : Hyosung Heavy Industries: Revenue Share, by Region/Country, 2021
Figure 80 : Hyosung Heavy Industries: SWOT Analysis
Figure 81 : Hyundai Electric & Energy Systems Co. Ltd.: Revenue Share, by Region/Country, 2021
Figure 82 : Hyundai Electric & Energy Systems Co. Ltd.: SWOT Analysis
Figure 83 : JiangSu HuaPeng Transformer Co. Ltd.: SWOT Analysis
Figure 84 : Mitsubishi Electric Corp.: Revenue Share, by Business Segment, 2021
Figure 85 : Mitsubishi Electric Corp.: Revenue Share, by Region/Country, 2021
Figure 86 : Mitsubishi Electric Corp.: SWOT Analysis
Figure 87 : Schneider Electric: Revenue Share, by Business Segment, 2021
Figure 88 : Schneider Electric: Revenue Share, by Region, 2021
Figure 89 : Schneider Electric: SWOT Analysis
Figure 90 : Siemens AG: Revenue Share, by Business Segment, 2021
Figure 91 : Siemens AG: Revenue Share, by Region, 2021
Figure 92 : Siemens AG: SWOT Analysis
Figure 93 : Toshiba Energy Systems & Solutions Corporation: Revenue Share, by Business Segment, 2021
Figure 94 : Toshiba Energy Systems & Solutions Corporation: Revenue Share, by Region/Country, 2021
Figure 95 : Toshiba Energy Systems & Solutions Corporation: SWOT Analysis
Figure 96 : WEG: SWOT Analysis

List of Tables

List of Tables
Summary Table : Global Market for Transformers, by Region, Through 2027
Table 1 : Classification of Insulating Materials
Table 2 : Characteristics of Transformer Oil
Table 3 : General Overview of the Main Types of Electrical Transformers
Table 4 : Loss-Reduction Techniques for Transformers
Table 5 : Cost of Transformer for a 750 KVA Transformer
Table 6 : Global Market for Transformers, by Type, Through 2027
Table 7 : North American Market for Transformers, by Type, Through 2027
Table 8 : European Market for Transformers, by Type, Through 2027
Table 9 : Asia-Pacific Market for Transformers, by Type, Through 2027
Table 10 : Rest of the World Market for Transformers, by Type, Through 2027
Table 11 : Global Market for Transformers, by Capacity Rating, Through 2027
Table 12 : North American Market for Transformers, by Capacity Rating, Through 2027
Table 13 : European Market for Transformers, by Capacity Rating, Through 2027
Table 14 : Asia-Pacific Market for Transformers, by Capacity Rating, Through 2027
Table 15 : Rest of the World Market for Transformers, by Capacity Rating, Through 2027
Table 16 : Global Market for Transformers, by Phase, Through 2027
Table 17 : North American Market for Transformers, by Phase, Through 2027
Table 18 : European Market for Transformers, by Phase, Through 2027
Table 19 : Asia-Pacific Market for Transformers, by Phase, Through 2027
Table 20 : Rest of the World Market for Transformers, by Phase, Through 2027
Table 21 : Global Market for Transformers, by Insulation Type, Through 2027
Table 22 : North American Market for Transformers, by Insulation Type, Through 2027
Table 23 : European Market for Transformers, by Insulation Type, Through 2027
Table 24 : Asia-Pacific Market for Transformers, by Insulation Type, Through 2027
Table 25 : Rest of the World Market for Transformers, by Insulation Type, Through 2027
Table 26 : Global Market for Transformers, by Mounting Location, Through 2027
Table 27 : North American Market for Transformers, by Mounting Location, Through 2027
Table 28 : European Market for Transformers, by Mounting Location, Through 2027
Table 29 : Asia-Pacific Market for Transformers, by Mounting Location, Through 2027
Table 30 : Rest of the World Market for Transformers, by Mounting Location, Through 2027
Table 31 : Global Market for Transformers, by End-Use Industry, Through 2027
Table 32 : North American Market for Transformers, by End-Use Industry, Through 2027
Table 33 : European Market for Transformers, by End-Use Industry, Through 2027
Table 34 : Asia-Pacific Market for Transformers, by End-Use Industry, Through 2027
Table 35 : Rest of the World Market for Transformers, by End-Use Industry, Through 2027
Table 36 : Global Market for Transformers, by Region, Through 2027
Table 37 : North American Market for Transformers, by Country, Through 2027
Table 38 : European Market for Transformers, by Country, Through 2027
Table 39 : Asia-Pacific Market for Transformers, by Country, Through 2027
Table 40 : Rest of the World Market for Transformers, by Region, Through 2027
Table 41 : Patents Published on Transformer Components, January 2021-December 2022
Table 42 : Number of Patents Published on Transformers, by Top 20 Companies, 2021-2022
Table 43 : Competitive Information for Top Players in the Global Transformer Market, 2021
Table 44 : Product Mapping Analysis, by Capacity Rating for Top Companies
Table 45 : New Product Launches for Key Players, January 2020 to December 2022
Table 46 : Acquisitions and Collaborations, by Key Players, January 2020 to December 2022
Table 47 : Expansions, by Key Players, January 2020 to March 2023
Table 48 : Contracts/Partnership/Agreements/Joint Ventures, by Key Players, January 2021 to March 2023
Table 49 : List of Resources Used for Transformers
Table 50 : ABB Ltd.: Product Offering
Table 51 : ABB Ltd.: Financial Overview, 2019-2021
Table 52 : BHEL: Product Portfolio
Table 53 : BHEL: Financial Overview, 2019-2021
Table 54 : Celme S.R.L.: Product Portfolio
Table 55 : CG Power and Industrial Solutions Ltd.: Product Portfolio
Table 56 : CG Power and Industrial Solutions Ltd.: Financial Overview, 2019-2021
Table 57 : DAIHEN Corp.: Product Portfolio
Table 58 : DAIHEN Corp.: Financial Overview, 2019-2021
Table 59 : EATON Corporation PLC: Product Portfolio
Table 60 : EATON Corporation PLC: Financial Overview, 2019-2021
Table 61 : General Electric Co.: Product Portfolio
Table 62 : General Electric Co.: Financial Overview, 2020-2022
Table 63 : Hammond Power Solutions: Product Portfolio
Table 64 : Hammond Power Solutions: Financial Overview, 2019-2021
Table 65 : Hyosung Heavy Industries: Product Portfolio
Table 66 : Hyosung Heavy Industries: Financial Overview, 2019-2021
Table 67 : Hyundai Electric & Energy Systems Co. Ltd.: Product Portfolio
Table 68 : Hyundai Electric & Energy Systems Co. Ltd.: Financial Overview, 2019-2021
Table 69 : JiangSu HuaPeng Transformer Co. Ltd.: Product Portfolio
Table 70 : Mitsubishi Electric Corp.: Product Portfolio
Table 71 : Mitsubishi Electric Corp.: Financial Overview, 2019-2021
Table 72 : Schneider Electric: Product Portfolio
Table 73 : Schneider Electric: Financial Overview, 2019-2021
Table 74 : Siemens AG: Product Portfolio
Table 75 : Siemens AG: Financial Overview, 2019-2021
Table 76 : Toshiba Energy Systems & Solutions Corporation Product Portfolio
Table 77 : Toshiba Energy Systems & Solutions Corporation: Financial Overview, 2019-2021
Table 78 : WEG: Product Portfolio
Table 79 : WEG: Financial Overview, 2019-2021
Table 80 : Acronyms and Abbreviations Used in This Report