Industrial Control Transformer Market by Power Rating (25–500 VA, 501–1,000 VA, 1,001–1,500 VA, above 1,500 VA), Primary Voltage (Up to 120 V, 121–240 V, above 240 V), Frequency (50 Hz, 60 Hz), Phase, End Use, and Region - Global Forecasts to 2030

The industrial control transformer market is likely to be valued at USD 1.14 billion in 2025 and USD 1.48 billion by 2030, recording a CAGR of 5.3% during the forecast period. This growth is attributed to the increasing demand for stable and reliable power supply in industrial applications, the rising adoption of automation and Industry 4.0 technologies, and the modernization of manufacturing and power generation infrastructure. The increasing investment in renewable energy projects and the stringent energy efficiency regulations further accelerate the need for advanced control transformers. Additionally, the replacement of aging equipment and the growing use of smart monitoring solutions create new opportunities, reinforcing the market’s upward trajectory.

“Above 1,500 VA power rating is expected to account for the largest market share in 2030.”

By power rating, the above 1500 VA segment is anticipated to hold the largest share of the industrial control transformer market in 2030, owing to its critical role in heavy-duty industrial applications. These high-capacity transformers are increasingly deployed in energy-intensive sectors, such as oil & gas, metals & mining, chemicals, and large-scale power generation, where robust and stable voltage regulation is essential to support complex machinery and automation systems. The segmental growth is further fueled by the modernization of heavy industries, the increasing investment in renewable energy plants, and the expansion of large manufacturing facilities across emerging economies. As industries continue to demand durable, efficient, and high-performance solutions for uninterrupted operations, the above 1500 VA category is expected to witness strong adoption, positioning it as a key driver of overall market expansion.

“By primary voltage, up to 120 V is projected to be the second fastest-growing segment during the forecast period.”

The up to 120 V segment is expected to be the second fastest-growing category in the industrial control transformer market during the forecast period, supported by its widespread adoption in North America and the growing use across small to mid-scale industrial applications. These transformers are particularly well-suited for control circuits in automation panels, lighting, and low-voltage equipment, making them highly versatile across manufacturing, electronics, and building automation sectors. The segmental growth is further fueled by the increasing demand for compact, cost-effective, and energy-efficient solutions, as industries modernize operations and integrate smart control systems. With the expansion of automation in SMEs and the steady replacement of older low-voltage equipment, this segment is positioned to record strong growth momentum globally.

“Asia Pacific is likely to exhibit the highest CAGR in the industrial control transformer market between 2025 and 2030.”

Asia Pacific is projected to be the fastest-growing market for industrial control transformers during the forecast period, due to the rapid industrialization, urbanization, and large-scale investments in manufacturing and infrastructure development. China, India, Japan, and South Korea are leading the adoption of automation technologies and smart factory initiatives, creating strong demand for reliable control transformers to support advanced industrial operations. Additionally, the rising electricity consumption, expansion of renewable energy projects, and government-backed programs promoting energy efficiency further accelerate the market growth in the region. The increasing presence of global players and the emergence of competitive local manufacturers also enhance market accessibility, making the region a critical growth hub for the industrial control transformer industry.

Breakdown of Primaries:

In-depth interviews were conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:

• By Company Type: Tier 1 – 65%, Tier 2 – 24%, and Tier 3 – 11%
• By Designation: C-level Executives – 25%, Directors – 30%, and Others – 45%
• By Region: North America – 25%, Europe – 40%, Asia Pacific – 25%, Middle East & Africa – 5%, and South America – 5%

Note: Other designations include sales managers, marketing managers, product managers, and product engineers.

The tier of the companies is defined based on their total revenue as of 2024. Tier 1: USD 1 billion and above, Tier 2: from USD 500 million to USD 1 billion, and Tier 3:

A few major players with a wide regional presence dominate the industrial control transformer market. The leading players in the industrial control transformer market are ABB (Switzerland), Siemens (Germany), Eaton (Ireland), GE Vernova (US), and Schneider Electric (France).

Study Coverage:

The report defines, describes, and forecasts the industrial control transformer market by phase, power rating, primary voltage, frequency, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various key aspects of the market, which include the analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the industrial control transformer market.

Key Benefits of Buying the Report:

• Product Development/Innovation: Key drivers (Rise in energy consumption across industries), restraints (Rising implementation of carbon dioxide emission regulations), opportunities (Escalating chemical production), and challenges (Reduced coal mining activities) influence the market.
• Market Development: In March 2025, ABB expanded its operations in the US to strengthen its global manufacturing capabilities. As part of this growth strategy, the company invested USD 120 million to scale up transformer production. This includes establishing a state-of-the-art manufacturing facility in Selmer, Tennessee, and expanding its operations in Senatobia, Mississippi, effectively doubling the site’s footprint.
• Market Diversification: In February 2025, Eaton invested in a new manufacturing facility in South Carolina for its three-phase transformers, marking the company’s third facility in the United States. The image shows the transformers’ manufacturing process at the company’s facility in Wisconsin.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, such as ABB (Switzerland), Siemens (Germany), Eaton (Ireland), GE Vernova (US), and Schneider Electric (France), in the industrial control transformer market.

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