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Global Markets for Transformers

Global Markets for Transformers

The global market for electrical transformers will grow from 515,788 units in 2016 to 738,373 units by 2021 with a compound annual growth rate (CAGR) of 7.4% for the period of 2016-2021.

This report provides:
An overview of the global markets for transformers.
Analyses of global market trends, with data from 2015, 2016, and projections of compound annual growth rates (CAGRs) through 2021.
Information on transformers regarding their different types and technologies employed, as well as information on the manufacturing process for transformers.
Assessments of the regulatory standards in the U.S. and European Union considering the continuous pressures of increasing energy costs.
Analysis of key trends as well as challenges the market for transformers faces.
A look at the supplier landscape as well as profiles of major players in the field.


SCOPE OF THE REPORT

This report has a broad scope and covers many types of transformers used globally. The market for transformers is broken down by type of electric transformer, region and power rating. The report provides revenue forecasts from 2016 to 2021 for each major type of transformer, power rating and regional market.

The report also includes a discussion of the major players in each regional market for transformers. It explains the major market drivers of the global transformer industry, the current trends within the industry, major industry challenges and the regional dynamics of the market. The report concludes with a special focus on the supplier landscape. It includes detailed profiles of the major vendors in the global transformer industry and discusses the market share of these players by region. Estimated values provided are based on manufacturers’ total revenues.

CHAPTER 1 Introduction
STUDY GOALS AND OBJECTIVES
REASONS FOR DOING THE STUDY
SCOPE OF THE REPORT
INTENDED AUDIENCE
INFORMATION SOURCES
RESEARCH METHODOLOGY
ANALYSTS' CREDENTIALS
RELATED BCC RESEARCH REPORTS
BCC RESEARCH WEBSITE
DISCLAIMER
CHAPTER 2 SUMMARY
SUMMARY TABLE GLOBAL MARKET FOR ELECTRICAL TRANSFORMERS, BY TYPE, THROUGH 2021 (UNITS)
SUMMARY FIGURE GLOBAL MARKET FOR ELECTRICAL TRANSFORMERS, BY TYPE, 2015-2021 (UNITS)
CHAPTER 3 OVERVIEW
DEFINITION
TRANSFORMER MANUFACTURING PROCESS
FIGURE 1 TRANSFORMER MANUFACTURING PROCESS
COIL WINDING
CORE ASSEMBLY
CORE-COIL ASSEMBLY
TANK-UP
PAINTING
FINISHING
TYPES OF TRANSFORMERS
CLASSIFICATION BY DESIGN
Core-Type Transformers
Shell-Type Transformers
CLASSIFICATION BY COOLANT
Oil-Filled Self-Cooled Transformers
Oil-filled Water-cooled Transformers
Air-blast Transformers
CLASSIFICATION OF TRANSFORMERS BY APPLICATION
Power Transformers
Auto Transformers
Furnace Transformers
Welding Transformers
Distribution Transformers
Traction Transformers
CHAPTER 4 GLOBAL MARKET FORECAST FOR ELECTRICAL
TRANSFORMERS
GLOBAL MARKET FOR ELECTRICAL TRANSFORMERS
GLOBAL MARKET FOR ELECTRICAL TRANSFORMERS BY TYPE
TABLE 1 GLOBAL MARKET VOLUME FOR ELECTRICAL TRANSFORMERS, BY TYPE, THROUGH 2021 (UNITS)
FIGURE 2 GLOBAL MARKET VOLUME SHARES OF ELECTRICAL TRANSFORMERS, BY TYPE, 2016 AND 2021 (%)
TABLE 2 GLOBAL MARKET FOR ELECTRICAL TRANSFORMERS, BY TYPE, THROUGH 2021 ($ MILLIONS)
FIGURE 3 GLOBAL MARKET SHARES BY VALUE FOR ELECTRICAL TRANSFORMERS, BY TYPE, 2016 AND 2021 (%)
GLOBAL MARKET FOR ELECTRICAL TRANSFORMERS BY REGION
TABLE 3 GLOBAL MARKET VOLUME FOR ELECTRICAL TRANSFORMERS, BY REGION, THROUGH 2021 (UNITS)
FIGURE 4 GLOBAL MARKET VOLUME SHARES FOR ELECTRICAL TRANSFORMERS, BY REGION, 2016 AND 2021
TABLE 4 GLOBAL MARKET FOR ELECTRICAL TRANSFORMERS, BY REGION, THROUGH 2021 ($ MILLIONS)
FIGURE 5 GLOBAL MARKET SHARES BY VALUE FOR ELECTRICAL TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
GLOBAL MARKET FOR DISTRIBUTION TRANSFORMERS BY REGION
TABLE 5 GLOBAL MARKET VOLUME FOR DISTRIBUTION TRANSFORMERS, BY REGION, THROUGH 2021 (UNITS)
FIGURE 6 GLOBAL MARKET VOLUME SHARES FOR DISTRIBUTION TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
TABLE 6 GLOBAL MARKET FOR DISTRIBUTION TRANSFORMERS, BY REGION, THROUGH 2021 ($ MILLIONS)
FIGURE 7 GLOBAL MARKET SHARES BY VALUE FOR DISTRIBUTION TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
GLOBAL MARKET FOR POWER TRANSFORMERS BY REGION
TABLE 7 GLOBAL MARKET VOLUME FOR POWER TRANSFORMERS, BY REGION, THROUGH 2021 (UNITS)
FIGURE 8 GLOBAL MARKET VOLUME SHARES FOR POWER TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
TABLE 8 GLOBAL MARKET FOR POWER TRANSFORMERS, BY REGION, THROUGH 2021 ($ MILLIONS)
FIGURE 9 GLOBAL MARKET SHARES BY VALUE FOR POWER TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
GLOBAL MARKET FOR TRACTION TRANSFORMERS BY REGION
TABLE 9 GLOBAL MARKET VOLUME FOR TRACTION TRANSFORMERS, BY REGION, THROUGH 2021 (UNITS)
FIGURE 10 GLOBAL MARKET VOLUME SHARES FOR TRACTION TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
TABLE 10 GLOBAL MARKET FOR TRACTION TRANSFORMERS, BY REGION, THROUGH 2021 ($ MILLIONS)
FIGURE 11 GLOBAL MARKET SHARES BY VALUE FOR TRACTION TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
GLOBAL MARKET FOR TRANSFORMERS BY POWER RATING
GLOBAL MARKET FOR DISTRIBUTION TRANSFORMERS BY POWER RATING
TABLE 11 GLOBAL MARKET VOLUME FOR DISTRIBUTION TRANSFORMERS, BY POWER RATING, THROUGH 2021 (UNITS)
FIGURE 12 GLOBAL MARKET VOLUME SHARES FOR DISTRIBUTION TRANSFORMERS, BY POWER RATING, 2016 AND 2021 (%)
TABLE 12 GLOBAL MARKET FOR DISTRIBUTION TRANSFORMERS, BY POWER RATING, THROUGH 2021 ($ MILLIONS)
FIGURE 13 GLOBAL MARKET SHARE BY VALUE FOR DISTRIBUTION TRANSFORMERS, BY POWER RATING, 2016 AND 2021 (%)
GLOBAL MARKET FOR POWER TRANSFORMERS BY POWER RATING
TABLE 13 GLOBAL MARKET VOLUME FOR POWER TRANSFORMERS, BY POWER RATING, THROUGH 2021 (UNITS)
FIGURE 14 GLOBAL MARKET VOLUME SHARE FOR POWER TRANSFORMERS, BY POWER RATING, 2016 AND 2021
TABLE 14 GLOBAL MARKET FOR POWER TRANSFORMERS, BY POWER RATING, THROUGH 2021 ($ MILLIONS)
FIGURE 15 GLOBAL MARKET SHARE BY VALUE FOR POWER TRANSFORMERS, BY POWER RATING, 2016 AND 2021 (%)
GLOBAL MARKET FOR DISTRIBUTION TRANSFORMERS BY POWER RATING AND REGION
GLOBAL MARKET FOR 100 KVA DISTRIBUTION TRANSFORMERS BY REGION
TABLE 15 GLOBAL MARKET VOLUME FOR 100 KVA DISTRIBUTION TRANSFORMERS, BY REGION, THROUGH 2021 (UNITS)
FIGURE 16 GLOBAL MARKET VOLUME SHARES FOR 100 KVA DISTRIBUTION TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
TABLE 16 GLOBAL MARKET FOR 100 KVA DISTRIBUTION TRANSFORMERS, BY REGION, THROUGH 2021 ($ MILLIONS)
FIGURE 17 GLOBAL MARKET SHARES BY VALUE FOR 100 KVA DISTRIBUTION TRANSFORMERS, BY REGION, 2016 AND 2021
(%)
GLOBAL MARKET FOR 100.1-500 KVA DISTRIBUTION TRANSFORMERS BY REGION
TABLE 17 GLOBAL MARKET VOLUME FOR 100.1-500 KVA DISTRIBUTION TRANSFORMERS, BY REGION, THROUGH 2021 (UNITS)
FIGURE 18 GLOBAL MARKET VOLUME SHARES FOR 100.1-500 KVA DISTRIBUTION TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
TABLE 18 GLOBAL MARKET FOR 100.1-500 KVA DISTRIBUTION TRANSFORMERS, BY REGION, THROUGH 2021 ($ MILLIONS)
FIGURE 19 GLOBAL MARKET SHARES BY VALUE FOR 100.1-500 KVA DISTRIBUTION TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
GLOBAL MARKET FOR 500.1-1,000 KVA DISTRIBUTION TRANSFORMERS BY REGION
TABLE 19 GLOBAL MARKET VOLUME FOR 500.1-1,000 KVA DISTRIBUTION TRANSFORMERS, BY REGION, THROUGH 2021 (UNITS)
FIGURE 20 GLOBAL MARKET VOLUME SHARES FOR 500.1-1,000 KVA DISTRIBUTION TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
TABLE 20 GLOBAL MARKET FOR 500.1-1,000 KVA DISTRIBUTION TRANSFORMERS, BY REGION, THROUGH 2021 ($ MILLIONS)
FIGURE 21 GLOBAL MARKET SHARES BY VALUE FOR 500.1-1,000 KVA DISTRIBUTION TRANSFORMERS, BY REGION, 2016 AND 2021
GLOBAL MARKET FOR 1,000.1-30,000 kVA DISTRIBUTION TRANSFORMERs BY REGION
TABLE 21 GLOBAL MARKET VOLUME FOR 1,000.1-30,000 KVA DISTRIBUTION TRANSFORMERS, BY REGION, THROUGH 2021 (UNITS)
FIGURE 22 GLOBAL MARKET VOLUME SHARES FOR 1,000.1-30,000 KVA DISTRIBUTION TRANSFORMERS, BY REGION, 2016 AND 2021
TABLE 22 GLOBAL MARKET FOR 1,000.1-30,000 KVA DISTRIBUTION TRANSFORMERS, BY REGION, THROUGH 2021 ($ MILLIONS)
FIGURE 23 GLOBAL MARKET SHARES BY VALUE FOR 1,000.1-30,000 KVA DISTRIBUTION TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
GLOBAL MARKET FOR POWER TRANSFORMERS BY POWER RATING AND REGION
GLOBAL MARKET FOR 5.1-100 MVA POWER TRANSFORMERS BY REGION
TABLE 23 GLOBAL MARKET VOLUME FOR 5.1-100 MVA POWER TRANSFORMERS, BY REGION, THROUGH 2021 (UNITS)
FIGURE 24 GLOBAL MARKET VOLUME SHARES FOR 5.1-100 MVA POWER TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
TABLE 24 GLOBAL MARKET FOR 5.1-100 MVA POWER TRANSFORMERS, BY REGION, THROUGH 2021 ($ MILLIONS)
FIGURE 25 GLOBAL MARKET SHARES BY VALUE FOR 5.1-100 MVA POWER TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
GLOBAL MARKET FOR 100.1-500 MVA POWER TRANSFORMERS BY REGION
TABLE 25 GLOBAL MARKET VOLUME FOR 100.1-500 MVA POWER TRANSFORMERS, BY REGION, THROUGH 2021 (UNITS)
FIGURE 26 GLOBAL MARKET VOLUME SHARES FOR 100.1-500 MVA POWER TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
TABLE 26 GLOBAL MARKET FOR 100.1-500 MVA POWER TRANSFORMERS, BY REGION, THROUGH 2021 ($ MILLIONS)
FIGURE 27 GLOBAL MARKET SHARES BY VALUE FOR 100.1-500 MVA POWER TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
GLOBAL MARKET FOR 501 MVA-800 MVA POWER TRANSFORMERS BY REGION
TABLE 27 GLOBAL MARKET VOLUME FOR 501 MVA-800 MVA POWER TRANSFORMERS, BY REGION, THROUGH 2021 (UNITS)
FIGURE 28 GLOBAL MARKET VOLUME SHARES FOR 501 MVA-800 MVA POWER TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
TABLE 28 GLOBAL MARKET FOR 501 MVA-800 MVA POWER TRANSFORMERS, BY REGION, THROUGH 2021 ($ MILLIONS)
FIGURE 29 GLOBAL MARKET SHARES BY VALUE FOR 501 MVA-800 MVA POWER TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
GLOBAL MARKET FOR 801 MVA-1,600 MVA POWER TRANSFORMERS BY REGION
TABLE 29 GLOBAL MARKET VOLUME FOR 801 MVA-1,600 MVA POWER TRANSFORMERS, BY REGION, THROUGH 2021 (UNITS)
FIGURE 30 GLOBAL MARKET VOLUME SHARES FOR 801 MVA-1,600 MVA POWER TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
TABLE 30 GLOBAL MARKET FOR 801 MVA-1,600 MVA POWER TRANSFORMERS, BY REGION, THROUGH 2021 ($ MILLIONS)
FIGURE 31 GLOBAL MARKET SHARES BY VALUE FOR 801 MVA-1,600 MVA POWER TRANSFORMERS, BY REGION, 2016 AND 2021 (%)
CHAPTER 5 MARKET DRIVERS OF ELECTRICAL TRANSFORMERS
RISING ELECTRICITY DEMAND
TABLE 31 GLOBAL ELECTRICITY DEMAND, 2000-2020 (QUADRILLION BTU)
FIGURE 32 SHARES OF SOURCES OF ELECTRICITY GENERATION, 2014
FIGURE 33 GLOBAL ELECTRICITY PRODUCTION, 2009-2020 (TWH)
FIGURE 34 GLOBAL ELECTRICITY CONSUMPTION, 2009-2020 (TWH)
NORTH AMERICA
FIGURE 35 NORTH AMERICAN ELECTRICITY PRODUCTION, 2009-2020 (TWH)
FIGURE 36 NORTH AMERICAN ELECTRICITY CONSUMPTION, 2009-2020 (TWH)
EUROPE
FIGURE 37 EUROPEAN ELECTRICITY PRODUCTION, 2009-2020 (TWH)
FIGURE 38 EUROPEAN ELECTRICITY CONSUMPTION, 2009-2020 (TWH)
ASIA-PACIFIC
FIGURE 39 ASIA-PACIFIC ELECTRICITY PRODUCTION, 2009-2020 (TWH)
FIGURE 40 ASIA-PACIFIC ELECTRICITY CONSUMPTION, 2009-2020 (TWH)
SOUTH AMERICA
FIGURE 41 SOUTH AMERICAN ELECTRICITY PRODUCTION, 2009-2020 (TWH)
FIGURE 42 SOUTH AMERICAN ELECTRICITY CONSUMPTION, 2009-2020 (TWH)
REST OF WORLD
FIGURE 43 ROW ELECTRICITY PRODUCTION, 2009-2020 (TWH)
FIGURE 44 ROW ELECTRICITY CONSUMPTION, 2009-2020 (TWH)
ENERGY NETWORK UPGRADES AND REPLACEMENTS
MAJOR REGIONAL GRID PROJECTS
Baltic Energy Market Interconnector Plan
North Seas Countries' Offshore Grid Initiative
East Asian Grid
Southern African Power Pool
Eastern African Power Pool
West Africa Power Pool
South American Projects
OUTLOOK FOR ENERGY NETWORK UPGRADES AND REPLACEMENTS
CHAPTER 6 SUPPLIER LANDSCAPE AND COMPANY PROFILES
FIGURE 45 MANUFACTURERS’ GLOBAL TRANSFORMER MARKET SHARES, BY VALUE, 2015 (%)
COMPANY PROFILES
ABB LTD.
TABLE 32 ABB LTD.'S RECENT FINANCIAL PERFORMANCE, THROUGH 2015 ($ MILLIONS/%)
FIGURE 46 ABB LTD.'S REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIGURE 47 ABB LTD. REVENUE, BY REGION, 2015 (%)
API DELEVAN INC.
BHARAT HEAVY ELECTRICALS LTD.
TABLE 33 BHEL'S RECENT FINANCIAL PERFORMANCE, THROUGH 2015 ($ MILLIONS/%)
BRUSH GROUP
CROMPTON GREAVES
TABLE 34 CROMPTON GREAVES LTD.'S RECENT FINANCIAL PERFORMANCE, THROUGH 2015 ($ MILLIONS/%)
FIGURE 48 CROMPTON GREAVES LTD.'S REVENUE, BY BUSINESS SEGMENT, 2015 (%)
DATRONIX HOLDINGS LTD.
EFACEC CAPITAL
ERMCO
EXCEL ELECTRONICS INDUSTRIES
FEDERAL TRANSFORMERS CO. LLC
FIRST PHILIPPINE ELECTRIC CORP.
GENERAL ELECTRIC
TABLE 35 GENERAL ELECTRIC'S RECENT FINANCIAL PERFORMANCE, THROUGH 2015 ($ MILLIONS/%)
FIGURE 49 GENERAL ELECTRIC'S REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIGURE 50 GENERAL ELECTRIC'S REVENUE, BY REGION, 2015
GUJARAT TRANSFORMERS
HAMMOND POWER SOLUTIONS
TABLE 36 HAMMOND POWER SOLUTIONS' RECENT FINANCIAL PERFORMANCE, THROUGH 2015 ($ MILLIONS)
FIGURE 51 HAMMOND POWER SOLUTIONS' REVENUE, BY REGION, 2015
HITACHI LTD.
TABLE 37 HITACHI LTD.'S RECENT FINANCIAL PERFORMANCE, THROUGH 2015 ($ MILLIONS)
FIGURE 52 HITACHI LTD.'S REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIGURE 53 HITACHI LTD.'S REVENUE, BY REGION, 2015 (%)
HOWARD INDUSTRIES
HYUNDAI HEAVY INDUSTRIES CO. LTD.
TABLE 38 HYUNDAI HEAVY INDUSTRIES' RECENT FINANCIAL PERFORMANCE, THROUGH 2014 ($ MILLIONS)
IST POWER
KIRLOSKAR ELECTRIC LTD.
TABLE 39 KIRLOSKAR ELECTRIC LTD.'S RECENT FINANCIAL PERFORMANCE, THROUGH 2015 ($ MILLIONS)
FIGURE 54 KIRLOSKAR ELECTRIC LTD.'S REVENUE, BY BUSINESS SEGMENT, 2015 (%)
MITSUBISHI ELECTRIC CORP.
TABLE 40 MITSUBISHI ELECTRIC'S RECENT FINANCIAL PERFORMANCE, THROUGH 2015 ($ MILLIONS)
FIGURE 55 MITSUBISHI ELECTRIC'S REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIGURE 56 MITSUBISHI ELECTRIC'S REVENUE, BY REGION, 2015 (%)
NEW KOREA ELECTRIC CO. LTD.
NISSIN ELECTRIC
TABLE 41 NISSIN ELECTRIC'S RECENT FINANCIAL PERFORMANCE, THROUGH 2015 ($ MILLIONS/%)
FIGURE 57 NISSIN ELECTRIC'S REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIGURE 58 NISSIN ELECTRIC'S REVENUE, BY CUSTOMER SEGMENT, 2015 (%)
FIGURE 59 NISSIN ELECTRIC'S REVENUE, BY REGION, 2015 (%)
OCREV S.R.L.
POWER TECH TRANSFORMERS
PULSE ELECTRONICS CORP.
QINGDAO TRANSFORMER GROUP CORP. LTD.
SCHNEIDER ELECTRIC
TABLE 42 SCHNEIDER ELECTRIC'S RECENT FINANCIAL PERFORMANCE, THROUGH 2015 ($ MILLIONS)
FIGURE 60 SCHNEIDER ELECTRIC'S REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIGURE 61 SCHNEIDER ELECTRIC'S REVENUE SHARE, BY REGION, 2015 SHANDONG ELECTRIC POWER EQUIPMENT CO. LTD.
SIEMENS AG
TABLE 43 SIEMENS' RECENT FINANCIAL PERFORMANCE, THROUGH 2015 ($ MILLIONS)
FIGURE 62 SIEMENS' REVENUE, BY BUSINESS SEGMENT, 2015 (%)
FIGURE 63 SIEMENS' REVENUE SHARE, BY REGION, 2015
SMIT TRANSFORMERS
SPX TRANSFORMER SOLUTIONS INC.
TANELEC LTD.
TOSHIBA CORP.
TABLE 44 TOSHIBA'S RECENT FINANCIAL PERFORMANCE, THROUGH 2015 ($ MILLIONS)
FIGURE 64 TOSHIBA'S REVENUE BY BUSINESS SEGMENT, 2015
FIGURE 65 TOSHIBA'S REVENUE SHARE, BY REGION, 2015
VIRGINIA TRANSFORMERS
WINDER ELECTRICAL LTD.

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