Global Liquid-Immersed Transformers Market 2017-2021

About Liquid-Immersed Transformers

Electrical transformers are devices that convert electricity from one voltage to another for T&D purposes. Transformers need an insulating medium to keep the temperature of the core windings in check as well as act as an arc-quenching medium. Oil is the most widely used type of insulating medium. Transformer oil is used as an insulation and arc-quenching medium in power and distribution transformers. Windings use cellulose insulation that has a strong affinity for oxygen and is immersed in transformer oil to prevent oxidation. Transformer oil is produced by the fractional distillation and subsequent processing of crude oil. It also finds application in circuit breakers and switchgears, which are traditional and use oil as the arc-quenching fluid. The global demand for renovation and expansion of the T&D network is on the rise, mostly triggered by the growing demand for electric power from almost every type of end-user, namely residential, commercial, and industrial sectors.

Technavio’s analysts forecast the global liquid-immersed transformers market to grow at a CAGR of 4.87% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global liquid-immersed transformers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of liquid immersed transformers required for transmission and distribution.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Liquid-Immersed Transformers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • CG
  • GE
  • Schneider Electric
  • Siemens
Other prominent vendors
  • Altrafo Transformers
  • CELME
  • CNC Group
  • China XD Group
  • Dandong Xintai Electric
  • EREMU
  • Elsewedy Electric
  • ELTAS Transformator Sanayi ve Ticaret
  • Fuji Electric
  • Hyosung Power & Industrial Systems Performance Group
  • Hyundai Heavy Industries
  • Hitachi Industrial Equipment Systems
  • IMEFY
  • ISMET
  • J. Schneider Elektrotechnik
  • KITASHIBA ELECTRIC
  • Layer Electronics
  • LSIS
  • Lemi Trafo JSC
  • Mace
  • Mitsubishi Electric
  • METTZ Group
  • Ormazabal
  • Ruhstrat
  • SPX Transformer Solutions
  • Tebian Electric Apparatus Stock
  • Toshiba
  • YangZhou Power Electric
Market driver
  • T&D expansion leading to increase in transformer installations
  • For a full, detailed list, view our report
Market challenge
  • Deterioration of transformer oil due to moisture ingress
  • For a full, detailed list, view our report
Market trend
  • Environmentally friendly and more fire-resistant insulating liquids
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Liquid-immersed Transformers Market 2017-2021

Technavio recognizes the following companies as the key players in the global liquid-immersed transformers market: ABB, CG, GE, Schneider Electric, and Siemens.

Other Prominent Vendors in the market are: Altrafo Transformers, CELME, CNC Group, China XD Group, Dandong Xintai Electric, EREMU, Elsewedy Electric, ELTAS Transformator Sanayi ve Ticaret, Fuji Electric, Hyosung Power & Industrial Systems Performance Group, Hyundai Heavy Industries, Hitachi Industrial Equipment Systems , IMEFY, ISMET, J. Schneider Elektrotechnik, KITASHIBA ELECTRIC, Layer Electronics, LSIS, Lemi Trafo JSC, Mace, Mitsubishi Electric, METTZ Group, Ormazabal, Ruhstrat, SPX Transformer Solutions, Tebian Electric Apparatus Stock, Toshiba, YangZhou Power Electric.

Commenting on the report, an analyst from Technavio’s team said: “several transformer manufacturers have started to design and manufacture environment-friendly products based on customer demand for the same. Customers need transformers that are negligibly hazardous to the environment and at the same time offer improved life cycle costs along with minimal maintenance requirements and enhanced service lifetime.”

According to the report, the increase in installation activities regarding new transformers and the replacement of old transformers with new ones are influencing the growth of the global liquid-immersed transformer market. Many T&D infrastructure globally needs renovation, mainly because existing networks are unable to meet the demand for power. Also, there is a need to replace the old systems with new ones as well as a need to expand the existing infrastructure.

Further, the report states that with gradual use over a period, the insulating oil within a transformer starts deteriorating. The major reason behind this phenomenon is the ingress of moisture into the oil. The most common type of transformer failure happens due to the breakdown of the insulating oil caused by moisture.



Companies Mentioned

ABB, CG, GE, Schneider Electric, Siemens, Altrafo Transformers, CELME, CNC Group, China XD Group, Dandong Xintai Electric, EREMU, Elsewedy Electric, ELTAS Transformator Sanayi ve Ticaret, Fuji Electric, Hyosung Power & Industrial Systems Performance Group, Hyundai Heavy Industries, Hitachi Industrial Equipment Systems , IMEFY, ISMET, J. Schneider Elektrotechnik, KITASHIBA ELECTRIC, Layer Electronics, LSIS, Lemi Trafo JSC, Mace, Mitsubishi Electric, METTZ Group, Ormazabal, Ruhstrat, SPX Transformer Solutions, Tebian Electric Apparatus Stock, Toshiba, YangZhou Power Electric.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Types of electrical transformers
      • Table Global liquid-immersed transformer market: Application type
      • Table Global liquid-immersed transformer market by geography
  • Market landscape
    • Market overview
      • Table Market segmentation
    • Market size and forecast
      • Table Impact of application sectors on global instrument transformer market 2016-2021
    • Global power outlook
      • Table Global power outlook
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Global liquid-immersed transformers market by application segmentation 2016 and 2021
    • Power transformers
      • Table Global liquid-immersed power transformer market 2016-2021 ($ billions)
      • Table Global power transformer market 2016-2021 ($ billions)
    • Distribution transformer
      • Table Global liquid-immersed distribution transformer market 2016-2021 ($ billions)
      • Table Global distribution transformer market 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global liquid-immersed transformers: Geographic segmentation 2016 and 2021
    • Liquid-immersed transformer market in APAC
      • Table T&D line length addition and refurbishment in APAC 2014-2035 (thousand miles)
      • Table Liquid-immersed transformers market in APAC 2016-2021 ($ billions)
    • Liquid-immersed transformer market in EMEA
      • Table T&D line length addition and refurbishment in EMEA 2014-2035 (thousand miles)
      • Table Liquid-immersed transformers market in EMEA 2015-2020 ($ billions)
    • Liquid-immersed transformer market in Americas
      • Table T&D line length addition and refurbishment in Americas 2014-2035 (thousand miles)
      • Table Liquid-immersed transformer market in Americas 2015-2020 ($ billions)
  • Market drivers
    • T&D expansion leading to increase in transformer installations
    • Modernization of existing transformers
      • Table Power generation capacity addition in India 2013-2015 (GW)
    • Renewable power generation capacity expansion
  • Market challenges
    • Deterioration of transformer oil due to moisture ingress
      • Table Reasons for moisture influx
    • Corrosive nature of sulfur present in transformer oil
    • Increasing popularity of dry-type transformers
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Environmentally friendly and more fire-resistant insulating liquids
      • Table Types of insulating liquids used in transformers
      • Table Advantages of alternative insulating liquids over mineral oil
      • Table Disadvantages of certain alternative insulating liquids
    • Evolution of eco-efficient power transformers
      • Table Seven green criteria covering three phases of product life cycle
      • Table Conventional and green eco-efficient power transformers: A comparative study
    • Increasing popularity of bio-based and naphthenic transformer oil
  • Vendor landscape
    • Competitive landscape
      • Table Key vendors
      • Table Geographic presence of key vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • ABB
    • CG
    • GE
    • Schneider Electric
    • Siemens
  • Appendix
    • List of abbreviations
  • Explore Technavio

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