Global Transformer Market Growth 2022-2028
SKU ID : LPI-21207556 | Publishing Date : 05-Jul-2022 | No. of pages : 122
As the global economy mends, the 2021 growth of Transformer will have significant change from previous year. According to our (researcher) latest study, the global Transformer market size is USD million in 2022 from USD 22090 million in 2021, with a change of % between 2021 and 2022. The global Transformer market size will reach USD 29160 million in 2028, growing at a CAGR of 4.0% over the analysis period 2022-2028.
The United States Transformer market is expected at value of US$ million in 2021 and grow at approximately % CAGR during forecast period 2022-2028. China constitutes a % market for the global Transformer market, reaching US$ million by the year 2028. As for the Europe Transformer landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 6-year period.
Global main Transformer players cover Tbea, China XD Electric, Hitachi Energy (ABB), and Huapeng Transformer, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Transformer market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Oil Immersed Transformer
Dry-type Transformer
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Power Industry
Metallurgical Industry
Rail
Municipal Construction
Petrochemical Industry
New Energy (Photovoltaic, Wind Power, etc.)
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Tbea
China XD Electric
Hitachi Energy (ABB)
Huapeng Transformer
Siemens
SDEE
Shandong Dachi Electric
Toshiba
Jinpan Technology
Sanbian Sci-Tech
Hangzhou Qiantang Riever Electric Group
Sunten Electrical Equipment
BTW
Jiangxi Transformer Science
State Grid Yingda
Creative Distribution Automation
Sojo
Guangzhou Baiyun Electric
Jiangsu Yangdong Electric
Wolong
Shenda Electric
Schneider
Wujiang Transformer
Eaglerise Electric & Electronic
Beijing Hezong Science
The United States Transformer market is expected at value of US$ million in 2021 and grow at approximately % CAGR during forecast period 2022-2028. China constitutes a % market for the global Transformer market, reaching US$ million by the year 2028. As for the Europe Transformer landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 6-year period.
Global main Transformer players cover Tbea, China XD Electric, Hitachi Energy (ABB), and Huapeng Transformer, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Transformer market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Oil Immersed Transformer
Dry-type Transformer
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Power Industry
Metallurgical Industry
Rail
Municipal Construction
Petrochemical Industry
New Energy (Photovoltaic, Wind Power, etc.)
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Tbea
China XD Electric
Hitachi Energy (ABB)
Huapeng Transformer
Siemens
SDEE
Shandong Dachi Electric
Toshiba
Jinpan Technology
Sanbian Sci-Tech
Hangzhou Qiantang Riever Electric Group
Sunten Electrical Equipment
BTW
Jiangxi Transformer Science
State Grid Yingda
Creative Distribution Automation
Sojo
Guangzhou Baiyun Electric
Jiangsu Yangdong Electric
Wolong
Shenda Electric
Schneider
Wujiang Transformer
Eaglerise Electric & Electronic
Beijing Hezong Science
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.