LPI (LP Information)’ newest research report, the “Power Transformers Industry Forecast” looks at past sales and reviews total world Power Transformers sales in 2022, providing a comprehensive analysis by region and market sector of projected Power Transformers sales for 2023 through 2029. With Power Transformers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Transformers industry.
This Insight Report provides a comprehensive analysis of the global Power Transformers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Power Transformers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Transformers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Transformers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Transformers.
The global Power Transformers market size is projected to grow from US$ 903.4 million in 2022 to US$ 1278.3 million in 2029; it is expected to grow at a CAGR of 1278.3 from 2023 to 2029.
The main global Power Transformer players include Hitachi ABB Power Grids, TBEA, Siemens, China XD Group, SGB-SMIT, etc. The top five Power Transformer players account for approximately 32% of the total market. China is the largest consumer market for Power Transformer, accounting for about 57%, followed by Europe and India. In terms of type, Oil-Immersed Transformer is the largest segment, with a share about 90%. And in terms of application, the largest application is 110-220KV, followed by 35-110KV.
This report presents a comprehensive overview, market shares, and growth opportunities of Power Transformers market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Power Transformers Includes:
Hitachi ABB Power Grids
TBEA
Siemens
China XD Group
SGB-SMIT
Mitsubishi Electric Group
Baoding Tianwei Group Tebian ElectricCo., Ltd
Jiangsu Huapeng Group Co., Ltd.
Toshiba
Shandong Electrical Engineering & Equipment Group Co., Ltd
GE
SPX
Wujiang Transformer Co., Ltd.
Nanjing Liye Power Transformer Co., Ltd.
Shandong Taikai Transformer Co., Ltd.
Crompton Greaves
Hyosung
Shandong Luneng Mount.Tai Electric Equipment Co.,Ltd
Shandong Dachi Electric Co., Ltd
ZTR
Weg
Hyundai Electric
CHINT
Harbin Special Transformer Factory Co., Ltd.
Schneider Electric
Sanbian Sci-Tech Co., Ltd.
Hangzhou Qiantang Riever Electric Group Co., Ltd.
Alstom
Efacec
Fuji Electric
Market Segment by Type, covers:
Dry-Type Transformer
Oil-Immersed Transformer
Market Segment by Applications, can be divided into:
35-110KV
110-220KV
220-330KV
330-550KV
550-750KV
Key Questions Addressed in this Report
What is the 10-year outlook for the global Power Transformers market?
What factors are driving Power Transformers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Power Transformers market opportunities vary by end market size?
How does Power Transformers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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https://www.lpinformationdata.com/reports/456987/power-transformers-2029
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