What is the study period of Transformer Manufacturing Market market?

The transformer manufacturing market is studied from 2018-2028. <a href='https://www.technavio.com/report/transformer-manufacturing-market-industry-analysis'>Read More</a>

Which region is expected to show the highest market share in the Transformer Manufacturing Market market?

North America is to show the highest market share with 33% contribution. <a href='https://www.technavio.com/report/transformer-manufacturing-market-industry-analysis'>Read More</a>

What are the major market players covered in the report?

ABB Ltd., Bharat Heavy Electricals Ltd., Celme Srl, CG Power and Industrial Solutions Ltd., Eaton Corp plc, EL Sewedy Electric Co., ERMCO, GE Vernova Inc., .... <a href='https://www.technavio.com/report/transformer-manufacturing-market-industry-analysis'>Read More</a>

What is the current size of the Transformer Manufacturing Market market?

transformer manufacturing market will increase $ 14.4 mn during 2024-2028. <a href='https://www.technavio.com/report/transformer-manufacturing-market-industry-analysis'>Read More</a>

What is the Year-Over-Year Growth Rate of Market 2024-2028?

3.5% is the year-over-year Growth of Market. <a href='https://www.technavio.com/report/transformer-manufacturing-market-industry-analysis'>Read More</a>

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Transformer Manufacturing Market Analysis APAC, North America, Europe, South America, Middle East and Africa - China, US, India, Germany, Japan, Canada, South Korea, Brazil, UK, France - Size and Forecast 2024-2028

Transformer Manufacturing Market Analysis APAC, North America, Europe, South America, Middle East and Africa - China, US, India, Germany, Japan, Canada, South Korea, Brazil, UK, France - Size and Forecast 2024-2028

Published: Nov 2024
Pages: 205
SKU: IRTNTR80374

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What is the Size of Transformer Manufacturing Market?

The Transformer Manufacturing Market size is estimated to grow by USD 14.4 million at a CAGR of 4.8% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. The increasing electricity demand and the integration of renewable energy sources into the power grid are major factors fueling market expansion. Additionally, fluctuations in the prices of raw materials, such as steel and copper, are influencing transformer manufacturing costs. Transformers are essential components of High Voltage Direct Current (HVDC) transmission systems, which are becoming increasingly popular for long-distance power transmission. Advancements in transformer technology continue to shape the market, with Machine Learning (ML) being integrated into transformer design and operation for improved performance and predictive maintenance. Transformers are also becoming more cybersecure to mitigate potential risks in the power grid. As transformers age, there is a growing need for their deployment and replacement, presenting opportunities for market growth. Innovations in transformer design, such as lightweight and compact transformer casings, are also driving market development.

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation

2.3 Factors of disruption
- Overview on factors of disruption

2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

3.2 Market characteristics
- Market characteristics analysis

3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition

4.2 Market segment analysis
- Market segments

4.3 Market size 2023

4.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

5 Historic Market Size

5.1 Global Transformer Manufacturing Market 2018 - 2022
- Historic Market Size - Data Table on Global Transformer Manufacturing Market 2018 - 2022 ($ million)

5.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)

5.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)

5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)

5.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on the Global Transformer Manufacturing Market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028

7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028

7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028

7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028

7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028

7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028

7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

8 Market Segmentation by Type

8.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)

8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type

8.3 Power transformers - Market size and forecast 2023-2028
- Chart on Power transformers - Market size and forecast 2023-2028 ($ million)
- Data Table on Power transformers - Market size and forecast 2023-2028 ($ million)
- Chart on Power transformers - Year-over-year growth 2023-2028 (%)
- Data Table on Power transformers - Year-over-year growth 2023-2028 (%)

8.4 Distribution transformers - Market size and forecast 2023-2028
- Chart on Distribution transformers - Market size and forecast 2023-2028 ($ million)
- Data Table on Distribution transformers - Market size and forecast 2023-2028 ($ million)
- Chart on Distribution transformers - Year-over-year growth 2023-2028 (%)
- Data Table on Distribution transformers - Year-over-year growth 2023-2028 (%)

8.5 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)

8.6 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

9 Market Segmentation by Application

9.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)

9.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application

9.3 Utilities - Market size and forecast 2023-2028
- Chart on Utilities - Market size and forecast 2023-2028 ($ million)
- Data Table on Utilities - Market size and forecast 2023-2028 ($ million)
- Chart on Utilities - Year-over-year growth 2023-2028 (%)
- Data Table on Utilities - Year-over-year growth 2023-2028 (%)

9.4 Industrial and commercial - Market size and forecast 2023-2028
- Chart on Industrial and commercial - Market size and forecast 2023-2028 ($ million)
- Data Table on Industrial and commercial - Market size and forecast 2023-2028 ($ million)
- Chart on Industrial and commercial - Year-over-year growth 2023-2028 (%)
- Data Table on Industrial and commercial - Year-over-year growth 2023-2028 (%)

9.5 Residential - Market size and forecast 2023-2028
- Chart on Residential - Market size and forecast 2023-2028 ($ million)
- Data Table on Residential - Market size and forecast 2023-2028 ($ million)
- Chart on Residential - Year-over-year growth 2023-2028 (%)
- Data Table on Residential - Year-over-year growth 2023-2028 (%)

9.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)

9.7 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

10 Customer Landscape

10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

11 Geographic Landscape

11.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)

11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

11.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)

11.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)

11.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)

11.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)

11.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

11.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)

11.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)

11.10 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)

11.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)

11.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)

11.13 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)

11.14 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 ($ million)
- Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)

11.15 Brazil - Market size and forecast 2023-2028
- Chart on Brazil - Market size and forecast 2023-2028 ($ million)
- Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
- Chart on Brazil - Year-over-year growth 2023-2028 (%)
- Data Table on Brazil - Year-over-year growth 2023-2028 (%)

11.16 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)

11.17 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)

11.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers

12.2 Market challenges

12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview

13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

13.3 Landscape disruption
- Overview on factors of disruption

13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered

14.2 Company ranking index
- Company ranking index

14.3 Market positioning of companies
- Matrix on companies position and classification

14.4 ABB Ltd.
- ABB Ltd. - Overview
- ABB Ltd. - Business segments
- ABB Ltd. - Key news
- ABB Ltd. - Key offerings
- ABB Ltd. - Segment focus
- SWOT

14.5 Bharat Heavy Electricals Ltd.
- Bharat Heavy Electricals Ltd. - Overview
- Bharat Heavy Electricals Ltd. - Business segments
- Bharat Heavy Electricals Ltd. - Key news
- Bharat Heavy Electricals Ltd. - Key offerings
- Bharat Heavy Electricals Ltd. - Segment focus
- SWOT

14.6 Celme Srl
- Celme Srl - Overview
- Celme Srl - Product / Service
- Celme Srl - Key offerings
- SWOT

14.7 CG Power and Industrial Solutions Ltd.
- CG Power and Industrial Solutions Ltd. - Overview
- CG Power and Industrial Solutions Ltd. - Business segments
- CG Power and Industrial Solutions Ltd. - Key offerings
- CG Power and Industrial Solutions Ltd. - Segment focus
- SWOT

14.8 Eaton Corp plc
- Eaton Corp plc - Overview
- Eaton Corp plc - Business segments
- Eaton Corp plc - Key news
- Eaton Corp plc - Key offerings
- Eaton Corp plc - Segment focus
- SWOT

14.9 EL Sewedy Electric Co.
- EL Sewedy Electric Co. - Overview
- EL Sewedy Electric Co. - Product / Service
- EL Sewedy Electric Co. - Key offerings
- SWOT

14.10 GE Vernova Inc.
- GE Vernova Inc. - Overview
- GE Vernova Inc. - Product / Service
- GE Vernova Inc. - Key offerings
- SWOT

14.11 Hammond Power Solutions Inc.
- Hammond Power Solutions Inc. - Overview
- Hammond Power Solutions Inc. - Product / Service
- Hammond Power Solutions Inc. - Key offerings
- SWOT

14.12 Hitachi Energy Ltd.
- Hitachi Energy Ltd. - Overview
- Hitachi Energy Ltd. - Product / Service
- Hitachi Energy Ltd. - Key offerings
- SWOT

14.13 Hyosung Heavy Industries Corp.
- Hyosung Heavy Industries Corp. - Overview
- Hyosung Heavy Industries Corp. - Product / Service
- Hyosung Heavy Industries Corp. - Key offerings
- SWOT

14.14 Hyundai Electric and Energy Systems Co. Ltd.
- Hyundai Electric and Energy Systems Co. Ltd. - Overview
- Hyundai Electric and Energy Systems Co. Ltd. - Product / Service
- Hyundai Electric and Energy Systems Co. Ltd. - Key offerings
- SWOT

14.15 MPS Industries Inc.
- MPS Industries Inc. - Overview
- MPS Industries Inc. - Product / Service
- MPS Industries Inc. - Key offerings
- SWOT

14.16 Siemens Energy AG
- Siemens Energy AG - Overview
- Siemens Energy AG - Business segments
- Siemens Energy AG - Key news
- Siemens Energy AG - Key offerings
- Siemens Energy AG - Segment focus
- SWOT

14.17 Toshiba Corp.
- Toshiba Corp. - Overview
- Toshiba Corp. - Business segments
- Toshiba Corp. - Key news
- Toshiba Corp. - Key offerings
- Toshiba Corp. - Segment focus
- SWOT

15 Appendix