Market Research Logo

Transformer Report Ed 6 2018

Transformer Report Ed 6 2018

This is the 6th edition of the StatPlan Transformer Report. The report sizes demand for power and distribution transformers in base year 2017 and forecasts sales from 2018 to 2022.

The report contains comprehensive quantitative data and qualitative analysis of the trans-former markets, globally and for all regions and countries.

Generator Transformers
Power Network Transformers
Distribution Network Transformers

The markets for power and distribution transformers in 2017 in regions and major coun-tries are analysed, with sales and the installed base by type of transformer and ownership.

In an historical record, the six StatPlan Transformer Surveys are compared, with the in-stalled base by type of transformer and ownership from 2012 to 2017.

The report predicts market trends in volume and value from 2017 to 2022, with the factors affecting price; input costs for raw materials, labour, energy and production capacity.

Transformer production capacity is assessed in MVA by country and major manufacturer.

Production capacity in tonnes and manufacturers of electrical steel are analysed.

Market shares in value of the leading transformer manufacturers are listed.

The changing landscape of generation and the networks with the growth of DER and re-newables, energy efficiency, logistics, electrification and other issues are identified and discussed, with commentary on the impact on transformers.


EXECUTIVE SUMMARY
The power transformer market
United States
Europe
CIS
Middle East and Africa
Asia Pacific
China
Japan
India
Korea
Indonesia
LAC
Long term demand cycle
Transformer: generator capacity ratios - MVA - MW
Channels to market
Transformer types
Efficiency transformers
Smart transformers
Trends in the generation mix
Manufacturing capacity, global and by region
Price trend
Redundancy
Logistics
Electrification
1. THE POWER AND DISTRIBUTION TRANSFORMER MARKET
2. THE GROWTH OF THE WORLD’S TRANSFORMER FLEEET SIX STATPLAN SURVEYS, EDITIONS 1 - 6
3. NORTH AMERICAN TRANSFORMER MARKET
MARKET REVIEW
Transformer stock
Composition of demand
The utility market in the United States
Transformer market drivers
Utility investment
Manufacturing industry review - facilities
Power transformers
USA plant
NAFTA suppliers in Canada and Mexico
Large power transformers (LPT)
Medium power transformers
Distribution transformers
MV distribution transformer
Liquid-immersed
Dry type
LV distribution transformers
Dry type
Amorphous core transformer manufacturers
Canadian manufacturers
Purchase considerations and delivery channels
National Electrical Manufacturers Association (NEMA)
CEE- Consortium for Energy Efficiency
MEPS standards
Canadian standards
4. EUROPEAN TRANSFORMER MARKETS
REGIONAL MARKET
Regional overview of the European utility system
Transformer voltages in the utility network and industry
High efficiency transformers
A changing network landscape - distributed power - smart transformers
European utility crisis
Transformer market Drivers
MEPS Standards
European transformer manufacturing industry review
FRANCE
Annual demand power and distribution transformers
Transformer stock
Market drivers
Market leaders – Alstom, Schneider, development in France
Transformer manufacturers
GERMANY
Annual demand power and distribution transformers
Transformer stock
Market drivers
Market leader - Siemens
German utility crisis
Transformer manufacturers
ITALY
Annual demand power and distribution transformers
Transformer stock
Market drivers
Transformer manufacturers
SPAIN
Annual demand power and distribution transformers
Transformer stock
Market drivers
Transformer manufacturers
UNITED KINGDOM
Annual demand power and distribution transformers
Transformer stock
Market drivers
Transformer manufacturers
TURKEY
Annual demand power and distribution transformers
Transformer stock
Market drivers
Transformer manufacturers
5. CIS TRANSFORMER MARKET
RUSSIA
Annual demand power and distribution transformers
Transformer stock
The Russian power system
Market drivers
Russian transformer manufacturers
Ukrainian transformer manufacturer
6. MIDDLE EAST AND AFRICA TRANSFORMER MARKETS
IRAN
Transformer stock
Transformer manufacturers
SAUDI ARABIA
Transformer stock
Transformer manufacturers
UAE
Transformer stock
Transformer manufacturers
7. ASIA PACIFIC TRANSFORMER MARKETS
REGIONAL OVERVIEW
Investment as a % of GDP
CHINA
Annual demand power and distribution transformers
Transformer stock
UHV AC and HVDC transformer markets in China
Chinese suppliers and foreign suppliers
UHV market participants
International firms in China’s UHV Market
Power and distribution transformers ≥ 220 kV ≤ UHV
Power and distribution transformers ≤ 220 kV
Distribution transformers for MV and LV distribution
Market drivers
MEPS Standards
The structure of the Chinese power sector
Manufacturing industry review
JAPAN
Annual demand power and distribution transformers
Transformer stock
Market drivers
MEPS Standards
Transformer manufacturers
Overseas production
INDIA
Annual demand power and distribution transformers
Transformer stock
Electrification
Market drivers
MEPS Standards
Manufacturing industry review
Capacity and utilisation
INDONESIA
Annual demand power and distribution transformers
Transformer stock
Market drivers
Transformer manufacturers
KOREA
Annual demand power and distribution transformers
Transformer stock
Market drivers
Transformer manufacturers
TAIWAN
Annual demand power and distribution transformers
Transformer stock
Market drivers
Transformer manufacturers
THAILAND
Annual demand power and distribution transformers
Transformer stock
Market drivers
Transformer manufacturers
8. LAC TRANSFORMER MARKETS
BRAZIL
Annual demand power and distribution transformers
Transformer stock
Market drivers
Manufacturing industry review
MEXICO
Annual demand power and distribution transformers
Transformer stock
Market drivers
MEPS Standards
Transformer manufacturers
9. THE VALUE CHAIN - FROM MATERIALS TO CAPEX
The value chain at 6 levels
Raw material inputs
10. TRANSFORMER SALES AT RETAIL PRICE AND INSTALLED COST
11. UTILITY, GSU & INDUSTRIAL POWER AND DISTRIBUTION TRANSFORMER INSTALLED CAPACITY, NUMBERS AND AVERAGE DISTRIBUTION TRANSFORMER KVA PER UNIT
12. NETWORK TRANSFORMER LAYOUT
THE TRANSFORMATION PROCESS
Stage 1
Stage 2
Stage 3
Stage 4
Network configurations for distribution - Radial, Loop and Network systems
Industry
Review of regional utility network practices - The link from medium voltage to low voltage
North America
Japan
Europe
Types of transformer
Liquid dielectric transformers
Dry-type transformers
Gas filled transformers
Evolution of power transformers by size and capacity
Ownership of power and distribution transformers
Ownership of GSU transformers
13. THE LONG-TERM DEMAND CYCLE 1900-2050
INSTALLED CAPACITY
INSTALLED CAPACITY VERSUS DEMAND
The China Factor
14. TRANSFORMER: GENERATOR RATIOS - MVA: MW
15. SMART TRANSFORMERS
What are smart transformers?
Smart transformers and the smart grid
16. N-1 STANDARD, N-2 AND 2N, REDUNDANCY AND REPLACEMENT
Network failure
Transformer failure
Industrial reliability
Levels of redundancy
Network reliability
N-1 and the networks
Reliability standards SAIFI and SAIDI
Electricity transmission
Large power transformers (LPTs)
Transformer/generator ratios and redundancy
Generation
Transmission
Distribution
17. PRICE TRENDS AND FACTORS DRIVING TRANSFORMER PRICES
PPI - Producer Price Index
USA
EU
China
Japan
Korea
Demand for transformers - market and industry trends
Production capacity
Production capacity of raw materials
Production capacity of manufactured equipment
Manufacturing input cost composition
Composition of manufacturing inputs
Input costs - raw materials
Metal consumption
Steel
Electrical Steel
The electrical steel market
Electrical steel producers
AK Steel
Allegheny Ludlum
Angang Steel
ArcelorMittal
China Steel Corporation
JFE Steel Corporation
Nippon Steel Corporation
(NLMK) Metallurgic al Plant
Pohang Iron and Steel (POSCO)
Shanghai Baosteel
Stalprodukt S.A.
Tata Steel (Cogent Power Ltd.)
Thyssen Krupp Steel
WCI Steel
Wuhan Iron and Steel (WISCO)
Copper and Aluminium
Copper
Aluminium
Transformer oil
Input costs – labour
Input costs – energy
18. THE POINT OF CONNECTION, CENTRAL AND DISTRIBUTED GENERATION AND VOLTAGE
Trends in the generation mix
The impact of generation developments on transformation technology
Decentralised power
Czech Republic
Germany
Italy
Spain
19. MEPS - Minimum Energy Performance Standards
MEPS (Minimum Energy Performance Standards)
United States
Canada
Brazil
Mexico
European Union
Australia
Japan
China
Korea
India
20. ENERGY EFFICIENCY AND HIGH EFFICIENCY TRANSFORMERS - MEPS
Development of a new technology - amorphous core transformers
The market for AMTs
Amorphous metal ribbon manufacturers
Amorphous metal transformers - AMTs
Japan
China
United States
India
Taiwan
Other
HTS –high temperature superconductor transformers
21. TRANSFORMER PRODUCTION CAPACITY
MANUFACTURING CAPACITY, GLOBAL AND BY REGION
Capacity utilisation
North America (United States, Canada)
Mexico
Latin America (excluding Mexico)
China
India
Korea
Europe
CIS
Africa
Global balance of production capacity and demand
22. GLOBAL MARKET SHARE POWER AND DISTRIBUTION TRANSFORMERS, VALUE, 2017
23. LOGISTICS
Rail transport
Road transport
Rear wheel drive
Clearance
Alternative solutions
24. ELECTRIFICATION
Sub-Saharan Africa
Asia
MENA
Latin America
Europe
CIS
North America
The impact of electrification on the electrical supply industry
25. METHODOLOGY
Short term demand forecast
Long term demand cycle
Demand cycles and the market
StatPlan Energy Databases
Transformation capacity
Review of the transformer databases
1. Utility/industry ownership
2. The proportion of GSU/transmission PTs
3. Redundancy.
Figures
Figure 1: Annual growth of the transformer market in volume and value, 2017-2022
Figure 2: The global transformer fleet 2012-2017, generator and transformer capacity
Figure 3: The global transformer fleet by transformer type, 2012-2017
Figure 4: Ratio of distribution transformers to generating capacity, installed base 1960-2016
Figure 5: Utility investment in transmission and distribution, 1977 to 2015, nominal $
Figure 6: Imports of power transformers (Oil filled ≥ 10 MVA), into the United States from Canada, Mexico and Korea 2000-2015, $ value
Figure 7: Market capitalisation of seleced European utilities
Figure 8: Investment as a % of GDP, selected countries and economic groupings, 1980-2020
Figure 9: Market shares for UHV AC and HVDC transformers in China
Figure 10: Market shares of leading transformer manufacturers for SGCC’s HV, MV and LV tenders
Figure 11: Production, consumption and exports of distribution transformers in China, 2006-2017
Figure 12: Structure of the Chinese electric power industry
Figure 13: The UK Electrical Power Transmission and Distribution System
Figure 14: Evolution of transformers in voltage kV and capacity MVA
Figure 15: Proportion of capacity (MVA) generator, utility and private industry ownership of power and distribution transformers by region, 2016
Figure 16: Installed capacity of power and distribution transformers, GVA, 1900-2050
Figure 17: Global installed transformation capacity and demand, GVA, 1900-2050
Figure 18: The cycle of demand, new and replacement capacity, GVA, 1900-2050
Figure 19: Global utility transformation capacity installed base by region, GVA, 1900-2050
Figure 20: Demand for power and distribution transformers, China and the World, GVA, 1900-2050
Figure 21: Regional variation in long term demand, 1900-2050
Figure 22: Conventional grid with unidirectional power flow
Figure 23: Active distribution grid with intelligent transformer substations
Figure 24: Power, distribution and specialty transformers Producer Price Index, USA, 1967-2017
Figure 25: Europe Producer Price Index for industrial manufactures 2012 to Q2 - 2016
Figure 26: China Producer Price Index for industrial goods 2005-2015
Figure 27: Japan Producer Price Index for electrical machinery and equipment 1996-2016
Figure 28: Korea Producer Price Index for industrial goods 2012-2016
Figure 29: Costs of manufacturing an oil filled- transformer
Figure 30: Copper prices 2007-2017
Figure 31: Copper prices forecast to 2030, constant US$
Figure 32: Aluminium prices forecast to 2030, constant US$
Figure 33: Labour compensation cost, including direct pay, social insurance expenditures, and labour-related taxes (US = 100).
Figure 34: Labour costs including wages and salaries, social insurance and labour-related taxes
Figure 35: Minimum wages in China in yuan per month 1995-2012
Figure 36: Wage inflation in China versus the US, India and Mexico, 2005-2012
Figure 37: Global energy cost index (2010 = 100)
Figure 38: Global generating capacity mix, 1990-2050
Figure 39: Global generating capacity mix by energy source, 1990-2050
Figure 40: Capacity and generation by each energy source as percent of total, 1990-2013
Figure 41: Capacity and generation by each energy source as percent of total, 1990-2013
Figure 42: Global market share power and distribution transformers, $ value, 2017
Figure 43: Two Schnabel cars unloaded
Figure 44: Schnabel car with load
Figure 45: The largest load ever transported by road in the United Kingdom
Figure 46: The trailer approaches a narrow turning in Scotland
Figure 47: The trailer’s rear wheels begin the turn in Scotland
Figure 48: The trailer is has turned the corner in Scotland
Figure 49: Overhead obstructions
Figure 50: Transformer off the road
Figure 51: Share of people without electricity access for developing countries, 2016
Figure 52: World electrification - % of households with electricity, 1900-2050
Figure 53: World electrification - number and % of households with electricity, 1900-2050
Figure 54: Selected major countries - % of households with electricity, 1900-2050
Figure 55: Selected major countries - Number of households with electricity, 1900-2050
Figure 56: Regional totals of electrified households 2010-2050
Figure 57: Additions of electrified households in each decade by region, 2010-2050
Figure 58: Diagram of new plus total replacement capacity
Tables
Table 1: Power and distribution transformer demand, MVA and $ in real and nominal values, 2017
Table 2: World transformer demand forecast, 2017-2022, MVA
Table 3: World transformer demand forecast at ex-factory cost, 2017-2022, $ nominal million
Table 4: World transformer demand forecast,
Table 5: World transformer demand forecast at ex-factory cost,
Table 6: The global transformer fleet by transformer type, 2012-2017,
Table 7: North America, total transformer sales forecast at ex-factory cost, 2017-2022, $ million
Table 8: North America, power and distribution transformer sales forecast, 2017-2022, MVA
Table 9: North America, power transformer sales forecast, 2017-2022, MVA
Table 10: North America, distribution transformer sales forecast, 2017-2022, MVA
Table 11: US power and distribution transformer stock, 2017
Table 12: Detailed shipment data for power and distribution transformers in the US, 2009
Table 13: Market shares of Power Transformer Producers in the United States, 2015
Table 14: Europe, total transformer sales forecast at ex-factory cost, 2017-2022, $ nominal million
Table 15: Europe, total transformer sales, 2017-2022, MVA
Table 16: Europe, power transformer sales, 2017-2022, MVA
Table 17: Europe, distribution transformer sales, 2017-2022, MVA
Table 18: French power and distribution transformer stock, 2017
Table 19: German power and distribution transformer stock, 2017
Table 20: Italian power and distribution transformer stock, 2017
Table 21: Spanish power and distribution transformer stock, 2017
Table 22: UK power and distribution transformer stock, 2017
Table 23: Turkish power and distribution transformer stock, 2017
Table 24: CIS, total transformer sales forecast at ex-factory cost, 2017-2022, $ nominal million
Table 25: CIS, total transformer sales, 2017-2022, MVA
Table 26: CIS, power transformer sales, 2017-2022, MVA
Table 27: CIS distribution transformer sales, 2017-2022, MVA
Table 28: Russian power and distribution transformer stock, 2017
Table 29: MENA, total transformer sales forecast at ex-factory cost, 2017-2022, $ nominal million
Table 30: MENA, total transformer sales, 2017-2022, MVA
Table 31: MENA, power transformer sales, 2017-2022, MVA
Table 32: MENA, distribution transformer sales, 2017-2022, MVA
Table 33: Iranian power and distribution transformer stock, 2017
Table 34: Saudi Arabian power and distribution transformer stock, 2017
Table 35: UAE power and distribution transformer stock, 2017
Table 36: Asia Pacific, total transformer sales forecast at ex-factory cost, 2017-2022, $ nominal million
Table 37: Asia Pacific, total transformer sales, 2017-2022, MVA
Table 38: Asia Pacific, power transformer sales, 2017-2022, MVA
Table 39: Asia Pacific, distribution total transformer sales, 2017-2022, MVA
Table 40: Chinese power and distribution transformer stock, 2017
Table 41: The operational UHV circuits in China in 2017
Table 42: UHV circuits under construction in China in 2017
Table 43: Key Technologies for UHV AC systems
Table 44: Key technologies for UVH DC systems
Table 45: Japanese power and distribution transformer stock, 2017
Table 46: Transformer manufacturers in Japan
Table 47: Indian power and distribution transformer stock, 2017
Table 48: Indian transformer production capacity GVA
Table 49: Transformer manufacturers in India
Table 50: Indonesian power and distribution transformer stock, 2017
Table 51: Korean power and distribution transformer stock, 2017
Table 52: Taiwanese power and distribution transformer stock, 2017
Table 53: Korean power and distribution transformer stock, 2017
Table 54: LAC, total transformer sales forecast at ex-factory cost, 2017-2022, $ nominal million
Table 55: LAC, total transformer sales, 2017-2022, MVA
Table 56: LAC, power transformer sales, 2017-2022, MVA
Table 57: LAC, distribution transformer sales, 2017-2022, MVA
Table 58: Brazilian power and distribution transformer stock, 2017
Table 59: Mexican power and distribution transformer stock, 2017
Table 60: Costs and mark-up from Bill of Materials to Capex
Table 61: Transformer demand at ex-factory and installed cost by region, 2017-2022, $ million
Table 62: Generator, Utility and Industrial Power and Distribution transformer capacity (MVA) by country and ownership, World, 2017
Table 63: Number and average capacity in kVA of Distribution transformers by country and ownership, World, 2017
Table 64: Generator, Utility and Industrial Power and Distribution transformer capacity (MVA) by country and ownership, North America, 2017
Table 65: Number and average capacity in kVA of Distribution transformers by country and ownership North America, 2017
Table 66: Generator, Utility and Industrial Power and Distribution transformer capacity (MVA) by country and ownership, Europe, 2017
Table 67: Number and average capacity in kVA of distribution transformers by country and ownership, Europe, 2017
Table 68: Generator, Utility and Industrial Power and Distribution transformer capacity (MVA) by country and ownership, CIS, 2017
Table 69: Number and average capacity in kVA of distribution transformers by country and ownership, CIS, 2017
Table 70: Generator, Utility and Industrial Power and Distribution transformer capacity (MVA) by country and ownership, Middle East and North Africa, 2017
Table 71: Number and average capacity in kVA of distribution transformers by country and ownership, Middle East and North Africa, 2017
Table 72: Generator, Utility and Industrial Power and Distribution transformer capacity (MVA) by country and ownership, Asia Pacific, 2017
Table 73: Number and average capacity in kVA of distribution transformers by country and ownership, Asia Pacific, 2017
Table 74: Generator, Utility and Industrial Power and Distribution transformer capacity (MVA) by country and ownership, Sub-Saharan Africa, 2017
Table 75: Number and average capacity in kVA of distribution transformers by country and ownership Africa, 2017
Table 76: Generator, Utility and Industrial Power and Distribution transformer capacity (MVA) by country and ownership, LAC, 2017
Table 77: Number and average capacity in kVA of distribution transformers by country and ownership, LAC, 2017
Table 78: Average numbers of household consumers per DT
Table 79: Number of LV consumers, number of distribution transformers and average LV customers per transformer in selected countries, 2014
Table 80: Ratios of transformation capacity (MVA) to generating capacity (MW), World, 2017
Table 81: Ratios of transformation capacity (MVA) to generating capacity (MW), Europe, 2017
Table 82: Ratios of transformation capacity (MVA) to generating capacity (MW), CIS, 2017
Table 83: Ratios of transformation capacity (MVA) to generating capacity (MW), Middle East and North Africa, 2017
Table 84: Ratios of transformation capacity (MVA) to generating capacity (MW), S-S Africa, 2017
Table 85: Ratios of transformation capacity (MVA) to generating capacity (MW), Asia Pacific, 2017
Table 86: Ratios of transformation capacity (MVA) to generating capacity (MW), North America, 2017
Table 87: Ratios of transformation capacity (MVA) to generating capacity (MW), Latin America, 2017
Table 88: Electrical steel producers by country and production
Table 89: Voltage level of for connection to the grid, German rules
Table 90: Grid voltage connection by installation size for solar PV in Czech Republic, 2012
Table 91: Grid voltage connection by installation size for solar PV in Germany, 2012
Table 92: Grid voltage connection by installation size for solar PV in Italy, 2012
Table 93: Grid voltage connection by installation size for solar PV in Spain, 2012
Table 94: Network losses by region
Table 95: Manufacturers of energy efficient transformers in China, 2013
Table 96: World production capacity for transformers, GVA, 2017
Table 97: Global production capacity power and distribution transformers, GVA, 2017
Table 98: China, domestic production capacity power and distribution transformers, GVA, 2017
Table 99: India, production capacity power and distribution transformers, GVA, 2007-2016
Table 100: CIS, production capacity power and distribution transformers, GVA
Table 101: Population and electrical parameters of South Asia and Sub-Saharan Africa

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report