Power Transformer Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, and Forecast to 2027

The power transformer market size exceeded 6,000 units installed per year in 2020 and is projected to register a CAGR of over 5% between 2021 and 2027. Growing demand for repairs to existing grid infrastructure, along with increased investment in infrastructure spending, will drive the business scenario. Large-scale renewable energy integration, along with the introduction of electrification programs across developed and developing countries, will further complement the industry outlook. In addition, the government’s favorable norms and policies for the upgrading of existing T&D networks and the continued commissioning of high-voltage power cable lines will revitalize the business environment.

Key Market Players:

Major players in the power transformer industry include Bharat Heavy Electricals Ltd., CG Power and Industrial Solutions Ltd., EMCO Ltd., General Electric Company, Hitachi Ltd., Kirloskar Electric Co. Ltd., Schneider Electric SE, Siemens AG, TBEA Co. Ltd., and Toshiba Corporation.

Power Transformer Market – Segmentation

On the basis of rating

• Small Power Transformer (Up to 60MVA)
• Medium Power Transformer (61 – 600MVA)
• Large Power Transformer (Above 600MVA)

On the basis of type of cooling method

• Oil-Cooled
• Air-Cooled

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Power Transformer Market Report

• What was the Power Transformer Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Power Transformer Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Power Transformer Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.