1. Market Research
  2. > Manufacturing
  3. > Electronics Manufacturing Market Trends
  4. > Transformers Global Market Outlook - Trends, Forecast, and Opportunity Assessment (2014-2022)

The Global Transformers market is accounted for $12.71 billion in 2014 with a CAGR of 8.53% it is expected to reach $24.47 billion by 2022. The key drivers of the market include increasing electricity demand in emerging and developed countries with increasing investment in infrastructure. High demand and supportive initiatives for smart grid development have resulted in need for smart meters, which is projected to positively impact growth in near future. Moreover, government initiatives for installing technologically advanced power transformer and modernizing the existing power grids are projected to positively impact demand.

Moreover, factors such as growing urbanization globally are likely to create rising demand for comparatively expensive gas-insulated transformers. However, fluctuating prices of raw materials including steel, copper and crude oil in the international market along with pricing pressure on manufacturing companies are restraining the market growth. The power transformer industry is highly regulated and several regulations related to efficiency, and performance has to be fulfilled by key players.

100 MVA to 500 MVA products are estimated to dominate the industry due to its varied usage in distribution and transmission network for step-up and step-down application. 501 MVA to 1200 MVA variants find applications for Ultra High-Voltage Direct Current (UHVDC) and High-voltage direct current (HVDC) power generation and is expected to witness considerable growth owing to increasing energy demands from developing regions including Asia Pacific and Middle East.

North America is projected to progress as an emerging market due to the increasing modernization and industrialization in this region. Various initiatives adopted by the European nations for deploying green transformer are anticipated to positively elevate industry growth. Asia Pacific registered the largest share accounting for around 40% of the global market due to increasing energy needs and technological advancements in the region. On the other hand, Chinese transformers are gaining huge popularity in the international markets, a trend that gained quick momentum during the recent economic downturn. Developing economies such as India, China, and Malaysia offer vast opportunities for large power transformers.

Global Transformers market is segmented by product, by end-user and by geography. Based on product, market is segmented into 100 to 500 MVA AND 501 MVA TO 1,200 MVA. Based on end-user, market is classified into industrial, commercial and power utilities. Based on geography, market is segmented into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is expected to hold its major share till 2022, led by the recovering economic conditions and increase in demand.

The Key players in the market include, Siemens, GE, ABB, Mitsubishi Electric, Alstom Grid, Layer Electronics, SPX Transformer, Toshiba, Ruhstrat and Ormazabal.

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Table Of Contents

Transformers Global Market Outlook - Trends, Forecast, and Opportunity Assessment (2014-2022)
1 Executive Summary

2 Preface
2.1 Abstract
2.2 Research Scope
2.3 Research Methodology
2.4 Research Sources

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Transformers Market, By Product
5.1 Introduction
5.2 100 to 500 MVA
5.3 501 MVA to 1,200 MVA

6 Global Transformers Market, By End-User
6.1 Introduction
6.2 Industrial
6.3 Commercial Sector
6.4 Power Utilities

7 Global Transformers Market, By Geography
7.1 North America
7.1.1 US
7.1.2 Canada
7.2 Europe
7.2.1 Germany
7.2.2 France
7.2.3 Italy
7.2.4 UK
7.2.5 Spain
7.3 Asia Pacific
7.3.1 Japan
7.3.2 China
7.3.3 India
7.3.4 Australia
7.3.5 New Zealand
7.3.6 Rest of Asia
7.4 Rest of the World
7.4.1 Latin America
7.4.2 Middle East
7.4.3 Africa
7.4.4 Others

8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions and Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies

9 Company Profiling
9.1 Siemens
9.2 GE
9.3 ABB
9.4 Mitsubishi Electric
9.5 Alstom Grid
9.6 Layer Electronics
9.7 SPX Transformer
9.8 Toshiba
9.9 Ruhstrat
9.10 Ormazabal

List of Tables
1 Global Transformers Market Outlook, By Product (2012-2022) ($MN)
2 Global Transformers Market Outlook, By 100 to 500 MVA (2012-2022) ($MN)
3 Global Transformers Market Outlook, By 501 MVA to 1,200 MVA (2012-2022) ($MN)
4 Global Transformers Market Outlook, By End-User (2012-2022) ($MN)
5 Global Transformers Market Outlook, By Industrial (2012-2022) ($MN)
6 Global Transformers Market Outlook, By Commercial Sector (2012-2022) ($MN)
7 Global Transformers Market Outlook, By Power Utilities (2012-2022) ($MN)
8 North America Transformers Market Outlook, By Product (2012-2022) ($MN)
9 North America Transformers Market Outlook, By 100 to 500 MVA (2012-2022) ($MN)
10 North America Transformers Market Outlook, By 501 MVA to 1,200 MVA (2012-2022) ($MN)
11 North America Transformers Market Outlook, By End-User (2012-2022) ($MN)
12 North America Transformers Market Outlook, By Industrial (2012-2022) ($MN)
13 North America Transformers Market Outlook, By Commercial Sector (2012-2022) ($MN)
14 North America Transformers Market Outlook, By Power Utilities (2012-2022) ($MN)
15 Europe Transformers Market Outlook, By Product (2012-2022) ($MN)
16 Europe Transformers Market Outlook, By 100 to 500 MVA (2012-2022) ($MN)
17 Europe Transformers Market Outlook, By 501 MVA to 1,200 MVA (2012-2022) ($MN)
18 Europe Transformers Market Outlook, By End-User (2012-2022) ($MN)
19 Europe Transformers Market Outlook, By Industrial (2012-2022) ($MN)
20 Europe Transformers Market Outlook, By Commercial Sector (2012-2022) ($MN)
21 Europe Transformers Market Outlook, By Power Utilities (2012-2022) ($MN)
22 Asia Pacific Transformers Market Outlook, By Product (2012-2022) ($MN)
23 Asia Pacific Transformers Market Outlook, By 100 to 500 MVA (2012-2022) ($MN)
24 Asia Pacific Transformers Market Outlook, By 501 MVA to 1,200 MVA (2012-2022) ($MN)
25 Asia Pacific Transformers Market Outlook, By End-User (2012-2022) ($MN)
26 Asia Pacific Transformers Market Outlook, By Industrial (2012-2022) ($MN)
27 Asia Pacific Transformers Market Outlook, By Commercial Sector (2012-2022) ($MN)
28 Asia Pacific Transformers Market Outlook, By Power Utilities (2012-2022) ($MN)
29 Rest of the World Transformers Market Outlook, By Product (2012-2022) ($MN)
30 Rest of the World Transformers Market Outlook, By 100 to 500 MVA (2012-2022) ($MN)
31 Rest of the World Transformers Market Outlook, By 501 MVA to 1,200 MVA (2012-2022) ($MN)
32 Rest of the World Transformers Market Outlook, By End-User (2012-2022) ($MN)
33 Rest of the World Transformers Market Outlook, By Industrial (2012-2022) ($MN)
34 Rest of the World Transformers Market Outlook, By Commercial Sector (2012-2022) ($MN)
35 Rest of the World Transformers Market Outlook, By Power Utilities (2012-2022) ($MN)

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Global Markets for Transformers

Global Markets for Transformers

  • $ 6650
  • Industry report
  • October 2016
  • by BCC Research

This BCC Research report provides an up-to-date analysis of recent developments and current trends in the global transformer market. Market projections are included for the period 2016 to 2021. Use this ...

Transformer Monitoring System Market by Type, Application, Service, and Region - Global Forecast to 2021

Transformer Monitoring System Market by Type, Application, Service, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • November 2016
  • by MarketsandMarkets

“The transformer monitoring system market is projected to grow at a CAGR of 12.77% from 2016 to 2021” The transformer monitoring system market is projected to reach USD 2.68 billion by 2021, growing ...

Sensors Innovations Transforming Mining (TechVision)

Sensors Innovations Transforming Mining (TechVision)

  • $ 4950
  • Industry report
  • August 2016
  • by Frost & Sullivan

Increased Opportunities for Health and Safety Sensor When it comes to the aspect of change, mining industry is very conservative. Mining operators are hesitant to adopt new solutions because of the fea ...

Global Transformer Market

August 2016 $ 4950

Europe Smart Transformers Market

October 2016 $ 3850

ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.