U.S. Cast Resin Transformer Market by Type (Dry Type Converter Transformer and Dry Type Rectifier Transformer), Cooling Type (Natural Air Cooling and Forced Air Cooling), Phase (Single Phase and Three Phase), Voltage (Low and Medium), and End Use (Industrial, Commercial, and Others): Country Opportunity Analysis and Industry Forecast, 2021–2030
- ALL4676746
- 134 Pages
- August 2021
- Energy and Power
Cast resin transformer is a type of transformer that is designed on a comparatively modern technology that uses natural or forced air cooling instead of oil and the magnetic circuit & windings are not immersed in an insulating liquid but are cast with an epoxy resin mixture. Unlike liquid fill transformers that require oil or liquid to cool, cast dry type transformers use only high temperature insulation systems that are environmentally safe. Cast resin transformers are available in various power ratings and can be used in a wide range of applications and represent the most reliable answer for distribution systems, power production, rectification, traction, and special solutions.
The cast resin transformer market is driven by its wide applicability in the distribution of electricity. The expansion of electricity distribution network across the U.S. and renovation of old grid infrastructure are expected to drive the market growth during the forecast period. In addition, heavy to small scale industries employ machineries that have specific voltage requirement. Some industries, such as oil & gas, mining, and marine, have specialized voltage requirements as fire safety is important in these sectors, resulting in fueling the demand for cast resin transformer during the analyzed time frame. However, cast resin transformer has relatively poor heat dissipation performance, complex construction, and high cost of dry type transformer as compared to liquid/oil cooled transformer. These factors are anticipated to hamper the market growth during the analyzed time frame.
The U.S. cast resin transformer market is segmented into type, cooling type, phase, voltage, and end use. Depending on type, the market is categorized into dry type converter transformer and dry type rectifier transformer. On the basis of cooling type, it is bifurcated into natural air cooling and forced air cooling. By phase, it is segment divided into single phase and three phase. On the basis of voltage, it is classified into low and medium. The end uses covered in the study include industrial, commercial, and others.
KEY BENEFITS FOR STAKEHOLDERS
The report includes in-depth analysis of different segments and provides market estimations between 2020 and 2030.
A comprehensive analysis of the factors that drive and restrict the growth of the U.S. cast resin transformer market is provided.
Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
Estimations and forecast are based on factors impacting the U.S. cast resin transformer market growth in terms of value.
The key market players are profiled to gain an understanding of the strategies adopted by them.
This report provides a detailed analysis of the current trends and future estimations from 2020 to 2030, which help to identify the prevailing market opportunities.
KEY MARKET SEGMENTS
By Type
• Dry Type Converter Transformer
• Dry Type Rectifier Transformer
By Cooling Type
• Natural Air Cooling
• Forced Air Cooling
By Phase
• Single Phase
• Three Phase
By Voltage
• Low
• Medium
By End Use
• Industrial
• Commercial
• Others
KEY MARKET PLAYERS
• Eaton Corporation Plc
• Fuji Electric Co. Ltd.
• General Electric
• Hammond Power Solutions Inc.
• Hitachi-ABB Ltd.
• Schneider Electric SE
• Olsun Electrics Corporation
• Hanley Energy LLC
• Siemens AG
• WEG Group
Other players operating in the value chain of the U.S. cast resin transformer market are MGM Transformer Company, Niagara Transformer Corporation, Alfa Transformer, Acutran, and others.
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key forces shaping the market
3.3.Value chain analysis
3.4.Top investment pockets
3.5.Patent analysis
3.5.1.By region, 2013–2020
3.6.Market dynamics
3.6.1.Drivers
3.6.1.1.Increase in demand for electricity from different end-use industries
3.6.1.2.Rise in adoption of renewable and non-conventional energy sources
3.6.2.Restraint
3.6.2.1.Development of solid-state transformers (SSTs)
3.6.3.Opportunity
3.6.3.1.Development and adoption of smart grids and digital dry type transformers
3.7.Impact of government rules and regulations
3.8.Impact of COVID-19 outbreak on the market
CHAPTER 4:U.S. CAST RESIN DRY TYPE TRANSFORMER MARKET, BY TYPE
4.1.Overview
4.1.1.Market size and forecast
4.2.Dry type converter transformer
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, 2020–2030 ($million)
4.3.Dry type rectifier transformer
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, 2020–2030 ($million)
CHAPTER 5:U.S. CAST RESIN DRY TYPE TRANSFORMER MARKET, BY COOLING TYPE
5.1.Overview
5.1.1.Market size and forecast
5.2.Natural air cooling
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, 2020–2030 ($million)
5.3.Forced air cooling
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, 2020–2030 ($million)
CHAPTER 6:U.S. CAST RESIN DRY TYPE TRANSFORMER MARKET, BY PHASE
6.1.Overview
6.1.1.Market size and forecast
6.2.Single phase
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, 2020–2030 ($million)
6.3.Three phase
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, 2020–2030 ($million)
CHAPTER 7:U.S. CAST RESIN DRY TYPE TRANSFORMER MARKET, BY VOLTAGE
7.1.Overview
7.1.1.Market size and forecast
7.2.Low
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, 2020–2030 ($million)
7.3.Medium
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, 2020–2030 ($million)
CHAPTER 8:U.S. CAST RESIN DRY TYPE TRANSFORMER MARKET, BY END USE
8.1.Overview
8.1.1.Market size and forecast
8.2.Industrial
8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, 2020–2030 ($million)
8.3.Commercial
8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, 2020–2030 ($million)
8.4.Others
8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, 2020–2030 ($million)
CHAPTER 9:COMPETITIVE LANDSCAPE
9.1.Introduction
9.1.1.Market player positioning, 2020
9.2.Top winning strategies
9.2.1.Top winning strategies, by year
9.2.2.Top winning strategies, by development
9.2.3.Top winning strategies, by company
9.3.Product mapping of top 10 players
9.4.Competitive heatmap
9.5.Key developments
9.5.1.Acquisitions and product launch
CHAPTER 10:COMPANY PROFILES
10.1.EATON CORPORATION PLC
10.1.1.Company overview
10.1.2.Company snapshot
10.1.3.Operating business segments
10.1.4.Product portfolio
10.1.5.Business performance
10.1.6.Key strategic moves and developments
10.2.FUJI ELECTRIC CO. LTD.
10.2.1.Company overview
10.2.2.Company snapshot
10.2.3.Operating business segments
10.2.4.Product portfolio
10.2.5.Business performance
10.3.GENERAL ELECTRIC
10.3.1.Company overview
10.3.2.Company snapshot
10.3.3.Operating business segments
10.3.4.Product portfolio
10.3.5.Business performance
10.4.HAMMOND POWER SOLUTIONS
10.4.1.Company overview
10.4.2.Company snapshot
10.4.3.Product portfolio
10.4.4.Business performance
10.5.HANLEY ENERGY GCC
10.5.1.Company overview
10.5.2.Company Snapshot
10.5.3.Product portfolio
10.6.HITACHI LTD.
10.6.1.Company overview
10.6.2.Company snapshot
10.6.3.Operating business segments
10.6.4.Product portfolio
10.6.5.Business performance
10.6.6.Key strategic moves and developments
10.7.OLSUN ELECTRICS CORPORATION
10.7.1.Company overview
10.7.2.Company snapshot
10.7.3.Product portfolio
10.8.SCHNEIDER ELECTRIC SE
10.8.1.Company overview
10.8.2.Company snapshot
10.8.3.Operating business segments
10.8.4.Product portfolio
10.8.5.Business performance
10.9.SIEMENS ENERGY AG
10.9.1.Company overview
10.9.2.Company snapshot
10.9.3.Operating business segments
10.9.4.Product portfolio
10.9.5.Business performance
10.10.WEG GROUP
10.10.1.Company overview
10.10.2.Company snapshot
10.10.3.Operating business segments
10.10.4.Product portfolio
10.10.5.Business performance
10.10.6.Key strategic moves and developments
TABLE 01.U.S. CAST RESIN DRY TYPE TRANSFORMER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 02.U.S. CAST RESIN DRY TYPE TRANSFORMER MARKET, BY COOLING TYPE, 2020–2030 ($MILLION)
TABLE 03.U.S. CAST RESIN DRY TYPE TRANSFORMER MARKET, BY PHASE, 2020–2030 ($MILLION)
TABLE 04.U.S. CAST RESIN DRY TYPE TRANSFORMER MARKET, BY VOLTAGE, 2020–2030 ($MILLION)
TABLE 05.U.S. CAST RESIN DRY TYPE TRANSFORMER MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 06.KEY ACQUISITIONS AND PRODUCT LAUNCH (2017-2020)
TABLE 07.EATON CORPORATION PLC: COMPANY SNAPSHOT
TABLE 08.EATON CORPORATION PLC: OPERATING SEGMENTS
TABLE 09.EATON CORPORATION PLC: PRODUCT PORTFOLIO
TABLE 10.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 11.EATON CORPORATION PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 12.FUJI ELECTRIC CO. LTD.: COMPANY SNAPSHOT
TABLE 13.FUJI ELECTRIC CO. LTD.: OPERATING SEGMENTS
TABLE 14.FUJI ELECTRIC CO. LTD.: PRODUCT PORTFOLIO
TABLE 15.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 16.GENERAL ELECTRIC: COMPANY SNAPSHOT
TABLE 17.GENERAL ELECTRIC: OPERATING SEGMENTS
TABLE 18.GENERAL ELECTRIC: PRODUCT PORTFOLIO
TABLE 19.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 20.HAMMOND POWER SOLUTIONS: COMPANY SNAPSHOT
TABLE 21.HAMMOND POWER SOLUTIONS: PRODUCT PORTFOLIO
TABLE 22.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 23.HANLEY ENERGY GCC: COMPANY SNAPSHOT
TABLE 24.HANLEY ENERGY GCC: PRODUCT PORTFOLIO
TABLE 25.HITACHI LTD.: COMPANY SNAPSHOT
TABLE 26.HITACHI LTD.: OPERATING SEGMENTS
TABLE 27.HITACHI LTD.: PRODUCT PORTFOLIO
TABLE 28.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 29.HITACHI LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 30.OLSUN ELECTRICS CORPORATION: COMPANY SNAPSHOT
TABLE 31.OLSUN ELECTRICS CORPORATION: PRODUCT PORTFOLIO
TABLE 32.SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
TABLE 33.SCHNEIDER ELECTRIC: OPERATING SEGMENTS
TABLE 34.SCHNEIDER ELECTRIC: PRODUCT PORTFOLIO
TABLE 35.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 36.SIEMENS ENERGY AG: COMPANY SNAPSHOT
TABLE 37.SIEMENS ENERGY AG: OPERATING SEGMENTS
TABLE 38.SIEMENS ENERGY AG: PRODUCT PORTFOLIO
TABLE 39.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 40.WEG GROUP: COMPANY SNAPSHOT
TABLE 41.WEG GROUP: OPERATING SEGMENTS
TABLE 42.WEG GROUP: PRODUCT PORTFOLIO
TABLE 43.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 44.WEG GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
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