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Power Transformer Market by Rating (Small Power Transformer (Up to 60MVA), Medium Power Transformer (61 – 600MVA), Large Power Transformer (Above 600MVA)), by Type of Cooling Method (Oil-Cooled and Air-Cooled), & Region - Global Trends & Forecasts to 2020

Power Transformer Market by Rating (Small Power Transformer (Up to 60MVA), Medium Power Transformer (61 – 600MVA), Large Power Transformer (Above 600MVA)), by Type of Cooling Method (Oil-Cooled and Air-Cooled), & Region - Global Trends & Forecasts to 2020

Power transformer market is projected to grow at a CAGR of 7.6% during the forecast period

This report forecasts the power transformer market in, terms of value, in USD Million. The market is projected to reach USD 29.9 billion by 2020, from an estimated USD 20.71 billion in 2015, at a CAGR of 7.6% from 2015 to 2020. Growing energy demand coupled with increasing T&D network expansion projects is driving the power transformer market. Regions such as Asia-Pacific and the Middle-East have emerged as attractive prospects for power transformer manufacturers because of the numerous T&D expansion projects being carried out in both regions. Renewable generation sources are also being connected to main power grids, which are further increasing the demand for power transformers.

Large power transformer segment is projected to grow at the highest CAGR during the forecast period

Large power transformer is a rapidly growing segment of power transformers, owing to its use in high voltage transmission networks. The technological advances in High-Voltage Direct Current (HVDC), UHV (Ultra-high voltage), and EHV (Extra high voltage) transmissions have made it a crucial element in power systems. High voltage transmission lines are being set up to minimize transmission losses and power corridors being made to connect supply and demand centers. These high voltage transmission networks are being used to link renewable sources such as desert solar, offshore wind, geothermal, and hydropower with grid systems and demand centers across the world.

Asia-Pacific is projected to grow at the highest growth rate during the forecast period

Although new T&D network expansions are being carried out in South America, some parts of Europe, and Africa, major T&D network expansion projects are being undertaken in Asia-Pacific, especially in India and China. While Europe and North America are focusing on renewable energy, major generation capacity expansion projects in South Asia have been coal-fired. China had the most number of T&D network expansion projects; the State Grid Corporation of China (SGCC) has recently pushed for approval of a massive USD 250 billion upgrade plan that will link regional grids through 20 HVDC power corridors by 2020..

The overall market size has been determined by forecast techniques based on region-wise T&D capital expenditure along with T&D expansion activities and investments in different regions, which have been validated through primary sources. The primary sources considered for the report included market players from both the supply side as well as from the demand side.

This report also includes the profiles for leading power transformer manufacturers and providers, such as ABB Ltd. (Switzerland), CG (India), GE (U.S.), Toshiba (Japan), Siemens (Germany), Hyundai (South Korea), Mitsubishi Electric Corporation (Japan), Hyosung Power & Industrial Systems (South Korea), B.H.E.L (India), and SPX Transformers (U.S.).

The power transformer report highlights the current trends and projections that are expected to affect the future development of the industry. The report focuses on both the qualitative and quantitative factors that affect the future prospect of the power transformer usage. This includes drivers, restraints, opportunities, and challenges of the market. Additionally, the company profile section highlights companies that are active in the power transformer market. Moreover, in-depth analysis of the top five companies has been provided in the SWOT and the MnM view sections.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS & LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES FOR POWER TRANSFORMERS
    • SMALL POWER TRANSFORMERS ARE ESTIMATED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD
    • OIL-COOLED POWER TRANSFORMERS LED THE POWER TRANSFORMER MARKET IN 2014
    • CHINA IS THE LARGEST MARKET FOR POWER TRANSFORMER
    • TOP SEVEN COUNTRIES IN THE POWER TRANSFORMER MARKET
    • THE DEMAND FOR OIL-FREE POWER TRANSFORMERS IS PROJECTED TO INCREASE FROM 2015 TO 2020
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY RATING
      • BY COOLING TYPE
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
        • Table GLOBAL T&D INFRASTRUCTURE EXPANSION PLANS
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • POWER TRANSFORMERS MARKET, BY RATING
    • INTRODUCTION
      • Table GLOBAL POWER TRANSFORMER MARKET, BY RATING, 2013-2020, (USD MILLION)
      • SMALL POWER TRANSFORMERS
        • Table SMALL POWER TRANSFORMERS (UP TO 60 MVA), BY REGION, 2013-2020, (USD MILLION)
      • MEDIUM POWER TRANSFORMERS
        • Table MEDIUM POWER TRANSFORMERS (UP TO 60 - 600 MVA), BY REGION, 2013-2020, (USD MILLION)
      • LARGE POWER TRANSFORMERS
        • Table LARGE POWER TRANSFORMERS (ABOVE 600 MVA), BY REGION, 2013-2020, (USD MILLION)
  • POWER TRANSFORMERS MARKET, BY COOLING TYPE
    • INTRODUCTION
      • Table GLOBAL POWER TRANSFORMER MARKET, BY COOLING TYPE, 2013-2020, (USD MILLION)
      • OIL-COOLED POWER TRANSFORMERS
        • Table OIL-COOLED POWER TRANSFORMERS, BY REGION, 2013-2020, (USD MILLION)
      • AIR-COOLED POWER TRANSFORMERS
        • Table AIR-COOLED POWER TRANSFORMERS, BY REGION, 2013-2020, (USD MILLION)
  • POWER TRANSFORMER MARKET, BY REGION
    • INTRODUCTION
      • Table POWER TRANSFORMER MARKET SIZE, BY REGION, 2013-2020 (USD BILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: POWER TRANSFORMER MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: POWER TRANSFORMER SIZE, BY RATING, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: SMALL POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: MEDIUM POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: LARGE POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • U.S.
        • Table U.S.: POWER TRANSFORMER MARKET SIZE, BY RATING , 2013-2020 (USD MILLION)
      • CANADA
        • Table CANADA: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • MEXICO
        • Table MEXICO: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
    • EUROPE
      • Table EUROPE: POWER TRANSFORMER MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table EUROPE: POWER TRANSFORMER SIZE, BY RATING, 2013-2020 (USD MILLION)
      • Table EUROPE: SMALL POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table EUROPE: MEDIUM POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table EUROPE: LARGE POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • U.K.
        • Table U.K.: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • GERMANY
        • Table GERMANY: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • FRANCE
        • Table FRANCE: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: POWER TRANSFORMER MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: POWER TRANSFORMER SIZE, BY RATING, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: SMALL POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: MEDIUM POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: LARGE POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • CHINA
        • Table CHINA: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • INDIA
        • Table INDIA: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • JAPAN
        • Table JAPAN: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • REST OF ASIA-PACIFIC
        • Table REST OF ASIA-PACIFIC: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: POWER TRANSFORMER MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table SOUTH AMERICA: POWER TRANSFORMER SIZE, BY RATING, 2013-2020 (USD MILLION)
      • Table SOUTH AMERICA: SMALL POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table SOUTH AMERICA: MEDIUM POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table SOUTH AMERICA: LARGE POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
    • MIDDLE EAST
      • Table MIDDLE EAST: POWER TRANSFORMER MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table MIDDLE EAST: POWER TRANSFORMER SIZE, BY RATING, 2013-2020 (USD MILLION)
      • Table MIDDLE EAST: SMALL POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table MIDDLE EAST: MEDIUM POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table MIDDLE EAST: LARGE POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • UAE
        • Table UAE: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • KUWAIT
        • Table KUWAIT: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • QATAR
        • Table QATAR: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • REST OF THE MIDDLE EAST
        • Table REST OF MIDDLE EAST: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
    • AFRICA
      • Table AFRICA: POWER TRANSFORMER MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table AFRICA: POWER TRANSFORMER SIZE, BY RATING, 2013-2020 (USD MILLION)
      • Table AFRICA: SMALL POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table AFRICA: MEDIUM POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table AFRICA: LARGE POWER TRANSFORMER MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • NIGERIA
        • Table NIGERIA: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
      • REST OF AFRICA
        • Table REST OF AFRICA: POWER TRANSFORMER MARKET SIZE, BY RATING, 2013-2020 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION & TRENDS
    • CONTRACTS & AGREEMENTS
      • Table CONTRACTS & AGREEMENTS, 2015
    • EXPANSION
      • Table EXPANSIONS, 2013-2014
    • NEW PRODUCT DEVELOPMENT
      • Table NEW PRODUCT DEVELOPMENTS, 2013-2015
    • MERGERS & ACQUISITIONS
      • Table MERGERS & ACQUISITIONS, 2014
  • COMPANY PROFILES
    • INTRODUCTION
    • ABB LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • GENERAL ELECTRIC COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • CROMPTON GREAVES LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • TOSHIBA CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HYUNDAI HEAVY INDUSTRIES CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • MITSUBISHI ELECTRIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • HYOSUNG GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • BHARAT HEAVY ELECTRICALS LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SPX TRANSFORMER SOLUTIONS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • OTHER DEVELOPMENTS
      • CONTRACTS & AGREEMENTS
      • EXPANSIONS
      • NEW PRODUCT LAUNCHES
      • JOINT VENTURES
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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