Power & Distribution Transformer Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Power Transformer & Distribution Transformer), By Rating (1-500 MVA, Upto 1000 KVA & Above 500 MVA), By End User (Industrial, Commercial, Residential & Utility), By Phase (Three Phase & Single Phase), By Insulation (Oil Immersed & Dry), By Region, By Competition Forecast

Industry : Power
Pages : 192
Published Date : March, 2023

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Summary

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Report Description

Global Power & Distribution Transformer Market was valued at USD 50,923.69 million in 2022 and is expected to register a CAGR of 7.59% during the forecast period. Transformers and distribution of power to step-up and step-down voltage levels for a number of applications, including transmission and distribution, transformers are frequently employed in power systems. A static electrical machine called a transformer alters the amounts of voltage and current in a circuit without altering the frequency of the power source. The principle of electromagnetic induction underlies how transformers work. While the electromagnetic induction-based operating principle of all transformers is typically the same, their design, purpose, and winding configurations make them suitable for various purposes.

Technological Advancement of Smart Grid

The key market trend for the global power & distribution transformer business is the rising need for consistent and dependable electrical energy worldwide. Several industrialised nations are currently concentrating their efforts on modernising their aging energy infrastructure. The need for I.O.T. compatible distribution transformers will rise as smart grid technology develops. For instance, AMI (Advanced Metering Infrastructure) devices are predicted to see a significant growth rate as a result of the grid modernization activities done by the state and federal governments throughout the area. By 2027, it is predicted that countries such as Mexico would invest USD 6.3 billion in the infrastructure of smart grids and another USD 2.1 billion in LED and smart street lighting, which might open up a wide range of opportunities for the concerned industry players. A smart grid is thought of as a highly effective and affordable technology that can reduce carbon emissions into the environment. Future prospects for the North American transformer business might result from such improvements to the region's present networks.

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Government Initiatives Power Transformers

As part of its infrastructure plan, which was presented in 2016, the Canadian government anticipates investing over USD 180 billion over the following 12 years in projects related to transportation, green infrastructure, social infrastructure, commerce, and tourism. Similarly, as part of its Smart Renewables and Electrification Pathways Initiative, the Canadian government announced in 2021 that it will contribute up to USD 964 million over four years for projects related to smart renewable energy and grid modernization (SREPs). Thanks to the proper application of governmental laws and support of grid growth, 98 million smart meters have been placed in the US by the end of 2020. The market may see growth during the projected period as a result of governments in many North American nations investing in advanced metering infrastructure to update the energy grid and minimize transmission and distribution losses. Moreover, it is anticipated that increased investment in the modernization of Europe's transmission and distribution networks will result from the rising energy demand from the expanding commercial and residential sectors, supporting the European market for distribution transformers in the years to come.

Latest Investments

North America is predicted to have a high CAGR over the forecast period. In 2019, the California Public Utilities Commission granted a permit for the construction of the Artesian 230-kV Substation Expansion Project in San Diego County, California. The commission additionally observed that SDG&E’s (San Diego Gas & Electric) stated goal for the proposed project is to build a new substation in order to meet the stringent dependability criteria of the North American Electric Reliability Corporation (NERC). The West Ashville substation project in New York was initiated by national grid in 2019. It is predicted that the majority of the project is expected to be in the county's western section, with minor components in San Diego City and the decision was taken in response to low voltage problems that would develop on the existing electric transmission system if the local load rose fast. National Grid decided to construct a new substation in the Town of Harmony to alleviate pressure on the existing system and to supply the region with constant and steady electricity. The Power & Distribution Transformer market is anticipated to expand throughout the projected period as a result of these most recent advances.

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Market Segmentation

The Global Power & Distribution Transformer market is divided into Type, Rating, End User, Phase, and Insulation. Based on type, the market is further segmented into power transformer & distribution transformer. Based on rating, the market is further segmented into, 1-500 MVA, upto 1000 KVA & above 500 MVA. Based on end user, the market is segmented into industrial, commercial, residential & utility. Based on phase, the market is segmented into three phase & single phase. Based on insulation, the marker is further segmented into, oil immersed & dry.

Market Players

Major market players in the Global Power & Distribution Transformer market are Siemens Energy Global GmbH & Co. KG, Mitsubishi Electric Corporation, Hitachi Ltd, CG Power & Industrial Solutions Ltd, Hyundai Electric & Energy System Co., Ltd, GE Grid Solutions, Schneider Electric SE, Eaton Corporation plc, Hammond Power Solutions Inc, Olsun Electrics Corporation’s, Tbea Co., Ltd, JiangSu HuaPeng Transformer Co. Ltd, Toshiba Corporation, and Bharat Heavy Electricals Limited.

Attribute	Details
Market size value in 2022	50,923.69 million
Revenue Forecast in 2028	80,890.84million
Growth Rate	7.98%
Base Year	2022
Historic Data	2018– 2022
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, and CAGR for 2018-2022 and 2024-2028
Report Coverage	Revenue forecast, company share, growth factors, and trends
Segments Covered	By Type By Rating By End User By Phase By Insulation
Regional scope	North America, Europe, Rest of the World
Key companies profiled	Siemens Energy Global GmbH & Co. KG, Mitsubishi Electric Corporation, Hitachi Ltd, CG Power & Industrial Solutions Ltd, Hyundai Electric & Energy System Co., Ltd, GE Grid Solutions, Schneider Electric SE, Eaton Corporation plc, Hammond Power Solutions Inc, Olsun Electrics Corporation’s, Tbea Co., Ltd, JiangSu HuaPeng Transformer Co. Ltd, Toshiba Corporation, and Bharat Heavy Electricals Limited.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
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Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the Global Power & Distribution Transformer market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

· Power & Distribution Transformer Market, By Type:

o Power Transformer

o Distribution Transformer

· Power & Distribution Transformer Market, By Rating:

o 1-500 MVA

o Upto 1000 KVA

o Above 500 MVA

· Power & Distribution Transformer Market, By End User:

o Industrial

o Commercial

o Residential

o Utility

· Power & Distribution Transformer Market, By Product:

o Multi-turn Valve

o Quarter-turn Valve

o Others

· Power & Distribution Transformer Market, By Phase:

o Three Phase

o Single Phase

· Power & Distribution Transformer Market, By Insulation:

o Oil Immersed

o Dry

· Power & Distribution Transformer Market, By Region:

o North America

o Europe

o Rest of the World

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Power & Distribution Transformer market.

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Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

1.3. Product Definition

1.3.1. By Type

1.3.2. By Insulation

1.3.3. By Phase

1.3.4. By End User

1.3.5. Difference Between Power & Distribution Transformer

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.2.1. Methodology Followed for Calculation of Market Size

2.2.2. Methodology Followed for Calculation of Market Share

2.2.3. Methodology Followed for Forecasting

2.3. Partial List of Companies Interviewed

2.4. Partial List of Secondary Sources

3. Executive Summary

4. Impact of COVID-19 on Global Power & Distribution Transformer Market

5. Voice of Customers

5.1. Factors Considered While Choosing Vendors

5.2. Key Client Satisfaction Level

5.3. Current Need Gaps

6. Global Power & Distribution Transformer Market Outlook

6.1. Global Primary Energy Consumption Outlook

6.2. Market Size & Forecast

6.2.1. By Value

6.3. Market Share & Forecast

6.3.1. By Type (Power Transformer & Distribution Transformer)

6.3.2. By Rating (1-500 MVA, Upto 1000 KVA & Above 500 MVA)

6.3.3. By End User (Industrial, Commercial, Residential & Utility)

6.3.4. By Phase (Three Phase & Single Phase)

6.3.5. By Insulation (Oil Immersed & Dry)

6.3.6. By Region (North America, Europe, Rest of the World)

6.3.7. By Company (2022)

6.4. Market Map (By Type, By Rating, By End User, By Phase, By Insulation, By Region)

7. North America Power & Distribution Transformer Market Outlook

7.1. North America Primary Energy Consumption Outlook

7.2. Market Size & Forecast

7.2.1. By Value

7.3. Market Share & Forecast

7.3.1. By Type

7.3.2. By Rating

7.3.3. By End User

7.3.4. By Phase

7.3.5. By Insulation

7.3.6. By Country

7.4. United States Power & Distribution Transformer Market Outlook

7.4.1. United States Primary Energy Consumption Outlook

7.4.2. Market Size & Forecast

7.4.2.1. By Value

7.4.3. Market Share & Forecast

7.4.3.1. By Type

7.4.3.2. By Rating

7.4.3.3. By End User

7.4.3.4. By Phase

7.4.3.5. By Insulation

7.5. Canada Power & Distribution Transformer Market Outlook

7.5.1. Canada Primary Energy Consumption Outlook

7.5.2. Market Size & Forecast

7.5.2.1. By Value

7.5.3. Market Share & Forecast

7.5.3.1. By Type

7.5.3.2. By Rating

7.5.3.3. By End User

7.5.3.4. By Phase

7.5.3.5. By Insulation

7.6. Mexico Power & Distribution Transformer Market Outlook

7.6.1. Mexico Primary Energy Consumption Outlook

7.6.2. Market Size & Forecast

7.6.2.1. By Value

7.6.3. Market Share & Forecast

7.6.3.1. By Type

7.6.3.2. By Rating

7.6.3.3. By End User

7.6.3.4. By Phase

7.6.3.5. By Insulation

8. Europe Power & Distribution Transformer Market Outlook

8.1. Europe Primary Energy Consumption Outlook

8.2. Market Size & Forecast

8.2.1. By Value

8.3. Market Share & Forecast

8.3.1. By Type

8.3.2. By Rating

8.3.3. By End User

8.3.4. By Phase

8.3.5. By Insulation

8.3.6. By Country

8.4. Russia Power & Distribution Transformer Market Outlook

8.4.1. Russia Primary Energy Consumption Outlook

8.4.2. Market Size & Forecast

8.4.2.1. By Value

8.4.3. Market Share & Forecast

8.4.3.1. By Type

8.4.3.2. By Rating

8.4.3.3. By End User

8.4.3.4. By Phase

8.4.3.5. By Insulation

8.5. Germany Power & Distribution Transformer Market Outlook

8.5.1. Germany Primary Energy Consumption Outlook

8.5.2. Market Size & Forecast

8.5.2.1. By Value

8.5.3. Market Share & Forecast

8.5.3.1. By Type

8.5.3.2. By Rating

8.5.3.3. By End User

8.5.3.4. By Phase

8.5.3.5. By Insulation

8.6. United Kingdom Power & Distribution Transformer Market Outlook

8.6.1. United Kingdom Primary Energy Consumption Outlook

8.6.2. Market Size & Forecast

8.6.2.1. By Value

8.6.3. Market Share & Forecast

8.6.3.1. By Type

8.6.3.2. By Rating

8.6.3.3. By End User

8.6.3.4. By Phase

8.6.3.5. By Insulation

8.7. France Power & Distribution Transformer Market Outlook

8.7.1. France Primary Energy Consumption Outlook

8.7.2. Market Size & Forecast

8.7.2.1. By Value

8.7.3. Market Share & Forecast

8.7.3.1. By Type

8.7.3.2. By Rating

8.7.3.3. By End User

8.7.3.4. By Phase

8.7.3.5. By Insulation

8.8. Italy Power & Distribution Transformer Market Outlook

8.8.1. Italy Primary Energy Consumption Outlook

8.8.2. Market Size & Forecast

8.8.2.1. By Value

8.8.3. Market Share & Forecast

8.8.3.1. By Type

8.8.3.2. By Rating

8.8.3.3. By End User

8.8.3.4. By Phase

8.8.3.5. By Insulation

8.9. Spain Power & Distribution Transformer Market Outlook

8.9.1. Spain Primary Energy Consumption Outlook

8.9.2. Market Size & Forecast

8.9.2.1. By Value

8.9.3. Market Share & Forecast

8.9.3.1. By Type

8.9.3.2. By Rating

8.9.3.3. By End User

8.9.3.4. By Phase

8.9.3.5. By Insulation

8.10. Poland Power & Distribution Transformer Market Outlook

8.10.1. Poland Primary Energy Consumption Outlook

8.10.2. Market Size & Forecast

8.10.2.1. By Value

8.10.3. Market Share & Forecast

8.10.3.1. By Type

8.10.3.2. By Rating

8.10.3.3. By End User

8.10.3.4. By Phase

8.10.3.5. By Insulation

8.11. Netherlands Power & Distribution Transformer Market Outlook

8.11.1. Netherlands Primary Energy Consumption Outlook

8.11.2. Market Size & Forecast

8.11.2.1. By Value

8.11.3. Market Share & Forecast

8.11.3.1. By Type

8.11.3.2. By Rating

8.11.3.3. By End User

8.11.3.4. By Phase

8.11.3.5. By Insulation

9. Market Dynamics

9.1. Market Drivers

9.2. Market Challenges

10. Market Trends & Developments

11. Policy & Regulatory Landscape

12. Company Profiles

12.1. Siemens Energy Global GmbH & Co. KG

12.2. Mitsubishi Electric Corporation

12.3. Hitachi Ltd

12.4. CG Power & Industrial Solutions Ltd.

12.5. Hyundai Electric & Energy System Co., Ltd.

12.6. GE Grid Solutions

12.7. Schneider Electric SE

12.8. Eaton Corporation plc

12.9. Hammond Power Solutions Inc

12.10.Olsun Electrics Corporation’s

12.11.TBEA Co., Ltd.

12.12.JiangSu HuaPeng Transformer Co. Ltd

12.13.Toshiba Corporation

12.14.Bharat Heavy Electricals Limited

13. Competitive Landscape

14. Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

List of Figures

Figure 1: Global Primary Energy Consumption (Exajoules), 2018-2021

Figure 2: Global Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 3: Global Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 4: Global Power & Distribution Transformer Market Size, By Value (USD Million), 2018-2028F

Figure 5: Global Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 6: Global Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 7: Global Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 8: Global Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 9: Global Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 10: Global Power & Distribution Transformer Market Share, By Region, By Value, 2018-2028F

Figure 11: Global Power & Distribution Transformer Market Share, By Company, By Value, 2022

Figure 12: Global Power & Distribution Transformer Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2022

Figure 13: Global Power & Distribution Transformer Market Map, By Rating, Market Size (USD Million) & Growth Rate (%), 2022

Figure 14: Global Power & Distribution Transformer Market Map, By End User, Market Size (USD Million) & Growth Rate (%), 2022

Figure 15: Global Power & Distribution Transformer Market Map, By Phase, Market Size (USD Million) & Growth Rate (%), 2022

Figure 16: Global Power & Distribution Transformer Market Map, By Insulation, Market Size (USD Million) & Growth Rate (%), 2022

Figure 17: Global Power & Distribution Transformer Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2022

Figure 18: North America Primary Energy Consumption (Exajoules), 2018-2021

Figure 19: North America Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 20: North America Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 21: North America Power & Distribution Transformer Market Size, By Value (USD Million), 2018-2028F

Figure 22: North America Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 23: North America Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 24: North America Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 25: North America Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 26: North America Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 27: North America Power & Distribution Transformer Market Share, By Region, By Value, 2018-2028

Figure 28: United States Primary Energy Consumption (Exajoules), 2018-2021

Figure 29: United States Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 30: United States Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 31: United States Power & Distribution Transformer Market Size, By Value (USD Million), 2018-2028F

Figure 32: United States Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 33: United States Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 34: United States Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 35: United States Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 36: United States Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 37: Canada Primary Energy Consumption (Exajoules), 2018-2021

Figure 38: Canada Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 39: Canada Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 40: Canada Power & Distribution Transformer Market Size, By Value (USD Million), 2018-2028F

Figure 41: Canada Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 42: Canada Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 43: Canada Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 44: Canada Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 45: Canada Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 46: Mexico Primary Energy Consumption (Exajoules), 2018-2021

Figure 47: Mexico Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 48: Mexico Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 49: Mexico Power & Distribution Transformer Market Size, By Value (USD Million), 2018-2028F

Figure 50: Mexico Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 51: Mexico Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 52: Mexico Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 53: Mexico Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 54: Mexico Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 55: Europe Primary Energy Consumption (Exajoules), 2018-2021

Figure 56: Europe Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 57: Europe Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 58: Europe Power & Distribution Transformer Market Size, By Value (USD Million), 2018-2028F

Figure 59: Europe Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 60: Europe Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 61: Europe Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 62: Europe Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 63: Europe Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 64: Europe Power & Distribution Transformer Market Share, By Region, By Value, 2018-2028F

Figure 65: Russia Primary Energy Consumption (Exajoules), 2018-2021

Figure 66: Russia Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 67: Russia Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 68: Russia Power & Distribution Transformer Market Share, By Value, 2018-2028F

Figure 69: Russia Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 70: Russia Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 71: Russia Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 72: Russia Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 73: Russia Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 74: Germany Primary Energy Consumption (Exajoules), 2018-2021

Figure 75: Germany Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 76: Germany Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 77: Germany Power & Distribution Transformer Market Share, By Value, 2018-2028F

Figure 78: Germany Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 79: Germany Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 80: Germany Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 81: Germany Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 82: Germany Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 83: United Kingdom Primary Energy Consumption (Exajoules), 2018-2021

Figure 84: United Kingdom Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 85: United Kingdom Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 86: United Kingdom Power & Distribution Transformer Market Size, By Value (USD Million), 2018-2028F

Figure 87: United Kingdom Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 88: United Kingdom Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 89: United Kingdom Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 90: United Kingdom Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 91: United Kingdom Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 92: France Primary Energy Consumption (Exajoules), 2018-2021

Figure 93: France Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 94: France Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 95: France Power & Distribution Transformer Market Size, By Value (USD Million), 2018-2028F

Figure 96: France Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 97: France Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 98: France Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 99: France Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 100: France Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 101: Italy Primary Energy Consumption (Exajoules), 2018-2021

Figure 102: Italy Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 103: Italy Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 104: Italy Power & Distribution Transformer Market Share, By Value, 2018-2028F

Figure 105: Italy Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 106: Italy Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 107: Italy Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 108: Italy Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 109: Italy Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 110: Spain Primary Energy Consumption (Exajoules), 2018-2021

Figure 111: Spain Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 112: Spain Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 113: Spain Power & Distribution Transformer Market Share, By Value, 2018-2028F

Figure 114: Spain Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 115: Spain Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 116: Spain Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 117: Spain Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 118: Spain Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 119: Poland Primary Energy Consumption (Exajoules), 2018-2021

Figure 120: Poland Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 121: Poland Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 122: Poland Power & Distribution Transformer Market Share, By Value, 2018-2028F

Figure 123: Poland Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 124: Poland Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 125: Poland Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 126: Poland Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 127: Poland Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Figure 128: Netherlands Primary Energy Consumption (Exajoules), 2018-2021

Figure 129: Netherlands Primary Energy Consumption Per Capita (Gigajoule per capita), 2018-2021

Figure 130: Netherlands Primary Energy Consumption by Fuel (%), 2020 & 2021

Figure 131: Netherlands Power & Distribution Transformer Market Share, By Value, 2018-2028F

Figure 132: Netherlands Power & Distribution Transformer Market Share, By Type, By Value, 2018-2028F

Figure 133: Netherlands Power & Distribution Transformer Market Share, By Rating, By Value, 2018-2028F

Figure 134: Netherlands Power & Distribution Transformer Market Share, By End User, By Value, 2018-2028F

Figure 135: Netherlands Power & Distribution Transformer Market Share, By Phase, By Value, 2018-2028F

Figure 136: Netherlands Power & Distribution Transformer Market Share, By Insulation, By Value, 2018-2028F

Frequently asked questions

What was the market size of the Global Power & Distribution Transformer Market in 2022?

The market size of the Global Power & Distribution Transformer Market was estimated to be USD 50,923.69 million in 2022.

Which was the dominant segment by type in the Global Power & Distribution Transformer Market in 2022?

Power transformer segment dominates the Global Power & Distribution Transformer market by type, accounting for a market share of 55.10% in 2022. A power transformer's purpose is to change the voltage so that residential areas may distribute electricity in a safe and reliable manner. A proper voltage not only increases overall performance but also the lifespan of your appliance. As a result of this development, power transformers are currently dominating the market.

Which is the dominant segment by insulation in the Global Power & Distribution Transformer market?

Oil Immersed dominates the Global Power & Distribution Transformer market accounting for a market share of 80.35% in 2022. Power distribution or electrical substations employ oil-type transformers. Their core and coils are bathed in oil, which serves to both cool and insulate them, owing to which market is expected to register a high CAGR.

What are the major drivers for the Global Power & Distribution Transformer market?

Rising demand of electricity generation and increasing adoption of renewable power generation are the major drivers for the Global Power & Distribution Transformer market.

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Press Release

Power & Distribution Transformer Market to Register a CAGR of 7.98% During the Forecast Period, 2023-2028

Mar, 2023

Rising demand of electricity generation and increasing adoption of renewable power generation drive the Global Power & Distribution Transformer market in the forecast period of 2023-2028.