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Semiconductor and Electronics

Power Transformer Market by Rating (Low, Medium and High) - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ALL22739
  • 90 Pages
  • December 2016
  • Semiconductor and Electronics
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Global power transformer market is expected to grow at a CAGR of 7.07% from 2016 to 2022 to reach $37,353 million by 2022 from $23,019 million in 2015. Power transformers are static transmission machine, which wrap a coil around an electromagnet to transfer electricity with variable frequencies. They are usually rated above 200 MVA, which allow transmission of power over long distances at high voltages thus minimizing the transmission loss. Power transformers have allowed this shift from low-voltage power transmission to high-voltage power transmission.

Power transformer market is currently in growth stage more so for large transformers. Increase in demand for power, cross border power transmission, global initiative to utilize more renewable and non-conventional energy sources, smart grids, and global need to upgrade transmission networks boost the global power transformer market. Utilization of ultra-high-voltage transmission technology in the developing economies such as China and India demonstrates increase in importance of power transformers. However, high transformer cost as well as cost of protection instruments and supporting infrastructure prevents optimal utilization of power transformers throughout the world.

Global power transformer market is segmented based on transformer rating and geography. Based on the rating, the market is divided in low, medium, and high rating transformers. Geographically, the market envelopes major countries of North America, Europe, Asia-Pacific, and LAMEA.

Major players profiled in this study are

  • ASEA Brown Boveri Group
  • Crompton Greaves Ltd.
  • General Electric Company
  • Siemens AG, Schneider Electric SA
  • Hyundai Heavy Industries Co. Ltd.
  • Mitsubishi Electric Corporation
  • Tebian Electric Apparatus
  • Bharat Heavy Electricals Limited
  • Toshiba Corporation

KEY BENEFITS FOR STAKEHOLDERS:

  • The report provides an in-depth analysis of the current and emerging market trends and dynamics in the global power transformer market.
  • It offers detailed quantitative analysis of the current market and estimations through 2014‐2022, which assists in identifying the prevailing market opportunities.
  • Comprehensive analysis of all regions help determine the prevailing and future opportunities in these geographies.
  • Key market players within the power transformer market are profiled in this report and their strategies are analyzed thoroughly, which helps understand competitive outlook of the global power transformer market.
  • Comprehensive analysis of factors that drive and restrict the growth of the market is provided. For instance, worldwide high energy demand and need for upgrade of existing transmission infrastructure will drive the demand; however, high initial cost is expected to be a major restraint for the market growth.
  • Exhaustive analysis of the market by rating helps understand the ratings of power transformer that are currently being used along with the variants that would gain prominence in the future.

KEY MARKET SEGMENTS:

By Rating

  • Low (100 MVA to 500 MVA)
  • Medium (501 MVA to 800 MVA)
  • High (801 MVA to 1200 MVA)

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • UK
    • Germany
    • Italy
    • Poland
    • Rest of Europe

  • Asia-Pacific

    • China
    • India
    • South Korea
    • Australia
    • Japan
    • Rest of Asia-Pacific

  • LAMEA

    • Latin America
    • Middle East
    • Africa

Other key players in the market value chain include

  • Alstrom SA
  • China XD Electric
  • TBA Corp Ltd
  • Kirloskar Electric Company
  • EMCO
  • Bharat Bijlee
  • Voltamp Transformers
  • Global Transformer & Switchgears Fzco
  • JSHP Transformers
  • Emirates Transformer
  • Transformers & Rectifiers (India) Ltd.

The above list of companies are not profiled, can be profiled based on client request

CHAPTER 1. INTRODUCTION

1.1 Report description

1.2 Key Benefits For Stakeholders

1.3 Key market segmaents

1.4 Research methodology

1.4.1 Secondary research

1.4.2 Primary research

1.4.3 Analyst tools and models

CHAPTER 2. EXECUTIVE SUMMERY

2.1 Market Snapshot

2.2 CXO perspective

CHAPTER 3. MARKET OVERVIEW

3.1 Market definition and scope

3.2 Key Findings

3.2.1 Top impacting factor

3.2.2 Top winning strategies

3.2.3 Top investment pockets

3.3 Porter's Five Force's analysis

3.3.1 Moderate bargaining power of suppliers due to low number of suppliers and high switching cost

3.3.2 Moderate bargaining power of buyer due to high demand, unavailability of substitutes, and limited players that provide quality product

3.3.4 Low threat of new entrants due to presence of dominant players and strict government regulations

3.3.5 Presence of few players, high brand loyalty, low switching cost increases the competition among rivalries

3.4 Market share analysis, 2015

3.5 Drivers

3.5.1 Utilization of renewable and non-conventional energy sources

3.5.2 Need for up-gradation of transmission networks

3.5.3 High demand for smart grids

3.6 Restraints

3.6.1 High installation, logistics and supporting infrastructure cost of transformer

3.7 Opportunities

3.7.1 Increase in electricity demand throughout the world

CHAPTER 4. WORLD POWER TRANSFORMER MARKET BY RATING

4.1 Introduction

4.2 LOW (100 MVA to 500 MVA) RATING

4.2.1 KEY MARKET TRENDS

4.2.2 KEY GROWTH FACTORS AND OPPORTUNITIES

4.2.3 MARKET SIZE AND FORECAST

4.2.4 NORTH AMERICA LOW RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

4.2.5 EUROPE LOW RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

4.2.6 ASIA-PACIFIC LOW RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

4.2.7 LAMEA LOW RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

4.3 MEDIUM (501-800 MVA) RATING

4.3.1 KEY MARKET TRENDS

4.3.2 KEY GROWTH FACTORS AND OPPORTUNITIES

4.3.3 MARKET SIZE AND FORECAST

4.3.4 NORTH AMERICA MEDIUM RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

4.3.5 EUROPE MEDIUM RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

4.3.6 ASIA-PACIFIC MEDIUM RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

4.3.7 LAMEA MEDIUM RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

4.4 HIGH (801-1200 MVA)

4.4.1 KEY MARKET TRENDS

4.4.2 KEY GROWTH FACTORS AND OPPORTUNITIES

4.4.3 MARKET SIZE AND FORECAST

4.4.4 NORTH AMERICA HIGH RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

4.4.5 EUROPE HIGH RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

4.4.6 ASIA-PACIFIC HIGH RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

4.4.7 LAMEA HIGH RATING POWER TRANSFORME MARKET, ($MILLION), GROWTH (%) 2014-2022

CHAPTER 5. WORLD POWER TRANSFORMER MARKET BY GEOGRAPHY

5.1 Introduction

5.2 North America

5.2.1 KEY MARKET TRENDS

5.2.2 KEY GROWTH FACTORS AND OPPORTUNITIES

5.2.3 MARKET SIZE AND FORECAST

5.2.4 U.S. POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

5.2.5 CANADA POWER TRANSFORMER MARKET ($MILLION), GROWTH (%) 2014-2022

5.2.6 MEXICO POWER TRANSFORMER MARKET ($MILLION), GROWTH (%) 2014-2022

5.3 Europe

5.3.1 KEY MARKET TRENDS

5.3.2 KEY GROWTH FACTORS AND OPPORTUNITIES

5.3.3 MARKET SIZE AND FORECAST

5.3.4 UK POWER TRANSFORMER MARKET ($MILLION), GROWTH (%) 2014-2022

5.3.5 GERMANY POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

5.3.6 POLAND POWER TRANSFORMER MARKET ($MILLION), GROWTH (%) 2014-2022

5.3.7 ITALY POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

5.3.8 REST OF EUROPE POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

5.4 Asia-Pacific

5.4.1 KEY MARKET TRENDS

5.4.2 KEY GROWTH FACTORS AND OPPORTUNITIES

5.4.3 MARKET SIZE AND FORECAST

5.4.4 CHINA POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

5.4.5 INDIA POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

5.4.6 AUSTRALIA POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

5.4.7 SOUTH KOREA POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

5.4.8 JAPAN POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

5.4.9 REST OF ASIA-PACIFIC POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

5.5 LAMEA

5.5.1 KEY MARKET TRENDS

5.5.2 KEY GROWTH FACTORS AND OPPORTUNITIES

5.5.3 MARKET SIZE AND FORECAST

5.5.4 SOUTH AMERICA POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

5.5.5 MIDDLE EAST POWER TRANSFORMER MARKET ($MILLION), GROWTH (%) 2014-2022

5.5.6 AFRICA POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

CHAPTER 6. COMPANY PROFILES

6.1 ASEA Brown Boveri Group

6.1.1 Company Overview

6.1.2 Company Snapshot

6.1.3 Operating Business Segment

6.1.4 Business Performance

6.1.5 Key Strategic moves and Development

6.2 Crompton Greaves Ltd.,

6.2.1 Company Overview

6.2.2 Company Snapshot

6.2.3 Operating Business Segment

6.2.4 Business Performance

6.2.5 Key Strategic moves and Development

6.3 General Electric Company

6.3.1 Company Overview

6.3.2 Company Snapshot

6.3.3 Operating Business Segment

6.3.4 Business Performance

6.3.5 Key Strategic moves and Development

6.4 Siemens AG

6.4.1 Company Overview

6.4.2 Company Snapshot

6.4.3 Operating Business Segment

6.4.4 Business Performance

6.4.5 Key Strategic moves and Development

6.5 Schneider Electric SA

6.5.1 Company Overview

6.5.2 Company Snapshot

6.5.3 Operating Business Segment

6.5.4 Business Performance

6.5.5 Key Strategic moves and Development

6.6 Hyundai Heavy Industries Co. Ltd.,

6.6.1 Company Overview

6.6.2 Company Snapshot

6.6.3 Operating Business Segment

6.6.4 Business Performance

6.6.5 Key Strategic moves and Development

6.7 Mitsubishi Electric Corporation

6.7.1 Company Overview

6.7.2 Company Snapshot

6.7.3 Operating Business Segment

6.7.4 Business Performance

6.7.5 Key Strategic moves and Development

6.8 Tebian Electric Apparatus

6.8.1 Company Overview

6.8.2 Company Snapshot

6.8.3 Operating Business Segment

6.8.4 Business Performance

6.8.5 Key Strategic moves and Development

6.9 Bharat Heavy Electricals Limited

6.9.1 Company Overview

6.9.2 Company Snapshot

6.9.3 Operating Business Segment

6.9.4 Business Performance

6.9.5 Key Strategic moves and Development

6.10 Toshiba Corporation

6.10.1 Company Overview

6.10.2 Company Snapshot

6.10.3 Operating Business Segment

6.10.4 Business Performance

6.10.5 Key Strategic moves and Development

List of Figures

FIG. 1 TOP IMPACTING FACTORS

FIG. 2 TOP WINNING STRATEGIES IN THE POWER TRANSFORMER MARKET (2013-2016)

FIG. 3 TOP WINNING STRATEGIES (%) (2013-2016)

FIG. 4 TOP INVESTMENT POCKETS

FIG. 5 PORTERS FIVE FORCES ANALYSIS OF LITHIUM-ION BATTERY MARKET

FIG. 6 MARKET SHARE ANALYSIS OF POWER TRANSFORMER MARKET, 2015

FIG. 7 ELECTRICITY GENERATION FROM RENEWABLES AND NON-CONVENTIONAL ENERGY RESOURCES(TWH), 2014

FIG. 8 WORLD ELECTRICITY PRODUCTION, 2014 (TWH)

FIG. 9 WORLD POWER TRANSFORMER MARKET BY RATING, 2015 (%)

FIG. 10 LOW RATING PWER TRANSFORMER MARKET, Y-O-Y GROWTH RATE

FIG. 11 MEDIUM RATING POWER TRANSFORMER MARKET, YEAR-ON-YEAR GROWTH RATE

FIG. 12 HIGH RATING POWER TRANSFORMER MARKET, YEAR-ON-YEAR GROWTH RATE

FIG. 13 POWER TRANSFORMER MARKET BY GEOGRAPHY, 2015 (%)

FIG. 14 NORTH AMERICA POWER TRANSFORMER MARKET, YEAR-ON-YEAR GROWTH RATE

FIG. 15 EUROPE POWER TRANSFORMER MARKET, YEAR-ON-YEAR GROWTH RATE

FIG. 16 ASIA-PACIFIC POWER TRANSFORMER MARKET, YEAR-ON-YEAR GROWTH RATE

FIG. 17 LAMEA POWER TRANSFORMER MARKET, Y-O-Y GROWTH RATE

FIG. 18 ASEA BROWN BOVERI GROUP.: REVENUE, BY BUSINESS SEGMENT (%), 2015

FIG. 19 ASEA BROWN BOVERI GROUP.: REVENUE, BY GEOGRAPHY (%), 2015

FIG. 20 CROMPTON GREAVES LTD.: REVENUE, BY BUSINESS SEGMENT (%), 2015

FIG. 21 CROMPTON GREAVES LTD: REVENUE, BY GEOGRAPHY (%), 2015

FIG. 22 CROMPTON GREAVES LTD.: REVENUE, BY BUSINESS SEGMENT (%), 2015

FIG. 23 CROMPTON GREAVES LTD: REVENUE, BY GEOGRAPHY (%), 2015

FIG. 24 SIEMENS AG.: REVENUE, BY BUSINESS SEGMENT (%), 2015

FIG. 25 SIEMENS AG: REVENUE, BY GEOGRAPHY (%), 2015

FIG. 26 SCHNEIDER ELECTRIC SA.: REVENUE, BY BUSINESS SEGMENT (%), 2015

FIG. 27 SCHNEIDER ELECTRIC SA: REVENUE, BY GEOGRAPHY (%), 2015

FIG. 28 HYUNDAI HEAVY INDUSTRIES CO. LTD.: REVENUE, BY BUSINESS SEGMENT (%), 2015

FIG. 29 HYUNDAI HEAVY INDUSTRIES CO. LTD: REVENUE, BY GEOGRAPHY (%), 2015

FIG. 30 MITSUBISHI ELECTRIC CORPORATION.: REVENUE, BY BUSINESS SEGMENT (%), 2015

FIG. 31 MITSUBISHI ELECTRIC CORPORATION: REVENUE, BY GEOGRAPHY (%), 2015

FIG. 32 TEBIAN ELECTRIC APPARATUS.: REVENUE, BY BUSINESS SEGMENT (%), 2015

FIG. 33 TEBIAN ELECTRIC APPARATUS: REVENUE, BY GEOGRAPHY (%), 2015

FIG. 34 BHARAT HEAVY ELECTRICALS LIMITED.: REVENUE, BY BUSINESS SEGMENT (%), 2015

FIG. 35 BHARAT HEAVY ELECTRICALS LIMITED: REVENUE, BY GEOGRAPHY (%), 2015

FIG. 36 TOSHIBA CORPORATION: REVENUE, BY BUSINESS SEGMENT (%), 2015

FIG. 37 TOSHIBA CORPORATION: REVENUE, BY GEOGRAPHY (%), 2015

List of Tables

TABLE 1 WORLD LOW RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 2 NORTH AMERICA LOW RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 3 EUROPE LOW RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 4 ASIA-PACIFIC LOW RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 5 LAMEA LOW RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 6 WORLD MEDIUM RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 7 NORTH AMERICA MEDIUM RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 8 EUROPE MEDIUM RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 9 ASIA-PACIFIC MEDIUM RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 10 LAMEA MEDIUM RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 11 WORLD HIGH RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 12 NORTH AMERICA HIGH RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 13 EUROPE HIGH RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 14 ASIA-PACIFIC HIGH RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 15 LAMEA HIGH RATING POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 16 NORTH AMERICA POWER TRANSFORMER MARKET ($MILLION), GROWTH (%) 2014-2022

TABLE 17 U.S. POWER TRANSFORMERMARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 18 CANADA POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 19 MEXICO POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 20 EUROPE POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 21 UK POWER TRANSFORMERMARKET ($MILLION), GROWTH (%) 2014-2022

TABLE 22 GERMANY POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 23 POLAND POWER TRANSFORMER MARKET ($MILLION), GROWTH (%) 2014-2022

TABLE 24 ITALY POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 25 REST OF EUROPE POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 26 ASIA-PACIFIC POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 27 CHINA POWER TRANSFORMERMARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 28 INDIA POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 29 AUSTRALIA POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 30 SOUTH KOREA POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 31 JAPAN POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 32 REST OF ASIA-PACIFIC POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 33 LAMEA POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 34 SOUTH AMERICA POWER TRANSFORMERMARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 35 MIDDLE EAST POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 36 AFRICA POWER TRANSFORMER MARKET, ($MILLION), GROWTH (%) 2014-2022

TABLE 37 ASEA BROWN BOVERI GROUP.: COMPANY SNAPSHOT

TABLE 38 ASEA BROWN BOVERI GROUP.: OPERATING SEGMENTS

TABLE 39 CROMPTON GREAVES LTD: COMPANY SNAPSHOT

TABLE 40 CROMPTON GREAVES LTD: OPERATING SEGMENTS

TABLE 41 CROMPTON GREAVES LTD: COMPANY SNAPSHOT

TABLE 42 CROMPTON GREAVES LTD: OPERATING SEGMENTS

TABLE 43 SIEMENS AG: COMPANY SNAPSHOT

TABLE 44 SIEMENS AG: OPERATING SEGMENTS

TABLE 45 SCHNEIDER ELECTRIC SA: COMPANY SNAPSHOT

TABLE 46 SCHNEIDER ELECTRIC SA: OPERATING SEGMENTS

TABLE 47 HYUNDAI HEAVY INDUSTRIES CO. LTD: COMPANY SNAPSHOT

TABLE 48 HYUNDAI HEAVY INDUSTRIES CO. LTD: OPERATING SEGMENTS

TABLE 49 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT

TABLE 50 MITSUBISHI ELECTRIC CORPORATION: OPERATING SEGMENTS

TABLE 51 TEBIAN ELECTRIC APPARATUS: COMPANY SNAPSHOT

TABLE 52 TEBIAN ELECTRIC APPARATUS: OPERATING SEGMENTS

TABLE 53 BHARAT HEAVY ELECTRICALS LIMITED: COMPANY SNAPSHOT

TABLE 54 BHARAT HEAVY ELECTRICALS LIMITED: OPERATING SEGMENTS

TABLE 55 TOSHIBA CORPOARTION: COMPANY SNAPSHOT

TABLE 56 TOSHIBA CORPORATION: OPERATING SEGMENTS

 
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