EUROPE DRY-TYPE TRANSFORMER MARKET FORECAST 2021-2028

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EUROPE DRY-TYPE TRANSFORMER MARKET FORECAST 2021-2028

The Europe dry-type transformer market is expected to register a CAGR of 6.49% over the forecast years of 2021 to 2028. The market growth is fueled by factors, such as, the transition towards renewable energy, like wind and solar, and the increased demand for reliable distribution-systems. The Europe dry-type transformer market growth is analyzed by assessing Russia, the United Kingdom, France, Germany, Italy, Poland, Belgium, and the rest of Europe.

EUROPE DRY-TYPE TRANSFORMER MARKET FORECAST 2021-2028

Europe Dry-type Transformer Market by Type (Dry-type Converter Transformer, Dry-type Rectifier Transformer) by Technology (Cast Resin, Vacuum Pressure Impregnated) by Phase (Single-phase, Three-phase) by Voltage (Low-voltage, Medium-voltage) by End-user (Industrial (Marine, Chemical, Oil & Gas Industry, Renewable Energy Generation, Railway, Others), Commercial, Others) and by Geography.

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The Europe dry-type transformer market is expected to register a CAGR of 6.49% over the forecast years of 2021 to 2028. The market growth is fueled by factors, such as, the transition towards renewable energy, like wind and solar, and the increased demand for reliable distribution-systems.
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The Europe dry-type transformer market growth is analyzed by assessing Russia, the United Kingdom, France, Germany, Italy, Poland, Belgium, and the rest of Europe. The United Kingdom’s power infrastructure is well-developed, and provides unparalleled coverage across the nation. The central transmission systems of the United Kingdom are present in England, Wales, Northern Ireland, and Scotland, with each being individually owned and operated. For instance, the National Electricity Transmission System (NETS) owns and operates the electricity transmission network in Wales and England, with nearly 1,500 km of underground cable, 7,200 km of overhead lines, and 342 substations.

On the other hand, power losses accounted for more than 7% of the United Kingdom’s total electricity demand, in 2017. Likewise, in the same year, transmission losses from the high-voltage transmission system accounted for over 24% of the total losses. In January 2018, the United Kingdom utility, Northern PowerGrid, invested EUR 4.7 million, to enhance the infrastructure powering businesses and homes across Ryhope and Seaham. The investment is also being utilized to renovate over 18 km of power lines and 61 support structures and install remote control smart switching devices in various locations. This would further enable prompt and automatic power restoration during an outage. Hence, such factors are anticipated to drive the dry-type transformer market growth.

With its headquarters in Ireland, Hanley Energy GCC primarily designs, develops, installs, supplies, and commissions turnkey critical power and energy management solutions. Its product portfolio comprises Powerlink software, Powerminder, cast resin transformers, and Sequence of Events Recording (SER).

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    •    KEY DRIVER
      • GROWING DEMAND FOR ELECTRICITY FOR DIFFERENT END-USERS
      • GROWING ADOPTION OF NON-CONVENTIONAL AND RENEWABLE ENERGY
      • AGING DISTRIBUTION AND TRANSMISSION INFRASTRUCTURE
    •    KEY RESTRAINTS
      • DEVELOPMENT OF SOLID-STATE TRANSFORMERS (SSTS)
      • LIMITATIONS OF OIL-COOLED TRANSFORMERS
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 ON DRY-TYPE TRANSFORMER MARKET
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • REGULATORY FRAMEWORK
  2. MARKET BY TYPE
    • DRY-TYPE CONVERTER TRANSFORMER
    • DRY-TYPE RECTIFIER TRANSFORMER
  3. MARKET BY TECHNOLOGY
    • CAST RESIN
    • VACUUM PRESSURE IMPREGNATED
  4. MARKET BY PHASE
    • SINGLE-PHASE
    • THREE-PHASE
  5. MARKET BY VOLTAGE
    • LOW-VOLTAGE
    • MEDIUM-VOLTAGE
  6. MARKET BY END-USER
    •    INDUSTRIAL
      • MARINE
      • CHEMICAL
      • OIL & GAS INDUSTRY
      • RENEWABLE ENERGY GENERATION
      • RAILWAY
      • OTHERS
    • COMMERCIAL
    • OTHERS
  7. GEOGRAPHICAL ANALYSIS
    •    EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
  1. COMPETITIVE LANDSCAPE
    •    KEY STRATEGIC DEVELOPMENTS
      • MERGER & ACQUISITIONS
      • PRODUCT LAUNCH & DEVELOPMENTS
      • PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
    •    COMPANY PROFILE
      • BHARAT HEAVY ELECTRICALS LTD
      • EATON CORPORATION PLC
      • FUJI ELECTRIC CO LTD
      • GENERAL ELECTRIC COMPANY
      • HAMMOND POWER SOLUTIONS INC
      • HANLEY ENERGY GCC
      • HITACHI LTD
      • HYOSUNG HEAVY INDUSTRIES
      • KIRLOSKAR ELECTRIC CO LTD
      • POWER SP ZOO
      • SCHNEIDER ELECTRIC SE
      • SIEMENS AG
      • TBEA CO LTD
      • VOLTAMP TRANSFORMERS LTD
      • WEG GROUP
      • CROMPTON GREAVES LIMITED
      • ABB LTD
      • HYUNDAI HEAVY INDUSTRIES CO LTD

TABLE LIST

TABLE 1: MARKET SNAPSHOT – DRY-TYPE TRANSFORMER

TABLE 2: EUROPE DRY-TYPE TRANSFORMER MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: EUROPE DRY-TYPE TRANSFORMER MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 4: EUROPE DRY-TYPE TRANSFORMER MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: EUROPE DRY-TYPE TRANSFORMER MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 6: EUROPE DRY-TYPE TRANSFORMER MARKET, BY PHASE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: EUROPE DRY-TYPE TRANSFORMER MARKET, BY PHASE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 8: EUROPE DRY-TYPE TRANSFORMER MARKET, BY VOLTAGE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 9: EUROPE DRY-TYPE TRANSFORMER MARKET, BY VOLTAGE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 10: EUROPE DRY-TYPE TRANSFORMER MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 11: EUROPE DRY-TYPE TRANSFORMER MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 12: EUROPE DRY-TYPE TRANSFORMER MARKET, BY INDUSTRIAL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 13: EUROPE DRY-TYPE TRANSFORMER MARKET, BY INDUSTRIAL, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 14: EUROPE DRY-TYPE TRANSFORMER MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 15: EUROPE DRY-TYPE TRANSFORMER MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 16: LEADING PLAYERS OPERATING IN EUROPE DRY-TYPE TRANSFORMER MARKET

FIGURE LIST 

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: EUROPE DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

FIGURE 6: EUROPE DRY-TYPE TRANSFORMER MARKET, BY DRY-TYPE CONVERTER TRANSFORMER, 2021-2028 (IN $ MILLION)

FIGURE 7: EUROPE DRY-TYPE TRANSFORMER MARKET, BY DRY-TYPE RECTIFIER TRANSFORMER, 2021-2028 (IN $ MILLION)

FIGURE 8: EUROPE DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020

FIGURE 9: EUROPE DRY-TYPE TRANSFORMER MARKET, BY CAST RESIN, 2021-2028 (IN $ MILLION)

FIGURE 10: EUROPE DRY-TYPE TRANSFORMER MARKET, BY VACUUM PRESSURE IMPREGNATED, 2021-2028 (IN $ MILLION)

FIGURE 11: EUROPE DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY PHASE, IN 2020

FIGURE 12: EUROPE DRY-TYPE TRANSFORMER MARKET, BY SINGLE-PHASE, 2021-2028 (IN $ MILLION)

FIGURE 13: EUROPE DRY-TYPE TRANSFORMER MARKET, BY THREE-PHASE, 2021-2028 (IN $ MILLION)

FIGURE 14: EUROPE DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY VOLTAGE, IN 2020

FIGURE 15: EUROPE DRY-TYPE TRANSFORMER MARKET, BY LOW-VOLTAGE, 2021-2028 (IN $ MILLION)

FIGURE 16: EUROPE DRY-TYPE TRANSFORMER MARKET, BY MEDIUM-VOLTAGE, 2021-2028 (IN $ MILLION)

FIGURE 17: EUROPE DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

FIGURE 18: EUROPE DRY-TYPE TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

FIGURE 19: EUROPE DRY-TYPE TRANSFORMER MARKET, BY MARINE, 2021-2028 (IN $ MILLION)

FIGURE 20: EUROPE DRY-TYPE TRANSFORMER MARKET, BY CHEMICAL, 2021-2028 (IN $ MILLION)

FIGURE 21: EUROPE DRY-TYPE TRANSFORMER MARKET, BY OIL AND GAS, 2021-2028 (IN $ MILLION)

FIGURE 22: EUROPE DRY-TYPE TRANSFORMER MARKET, BY RENEWABLE ENERGY, 2021-2028 (IN $ MILLION)

FIGURE 23: EUROPE DRY-TYPE TRANSFORMER MARKET, BY RAILWAY, 2021-2028 (IN $ MILLION)

FIGURE 24: EUROPE DRY-TYPE TRANSFORMER MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 25: EUROPE DRY-TYPE TRANSFORMER MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)

FIGURE 26: EUROPE DRY-TYPE TRANSFORMER MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 27: EUROPE DRY-TYPE TRANSFORMER MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 28: UNITED KINGDOM DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 29: GERMANY DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 30: FRANCE DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 31: ITALY DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 32: RUSSIA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 33: BELGIUM DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 34: POLAND DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 35: REST OF EUROPE DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    •    EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
  1. MARKET BY TYPE
    • DRY-TYPE CONVERTER TRANSFORMER
    • DRY-TYPE RECTIFIER TRANSFORMER
  2. MARKET BY TECHNOLOGY
    • CAST RESIN
    • VACUUM PRESSURE IMPREGNATED
  3. MARKET BY PHASE
    • SINGLE-PHASE
    • THREE-PHASE
  4. MARKET BY VOLTAGE
    • LOW-VOLTAGE
    • MEDIUM-VOLTAGE
  5. MARKET BY END-USER
    •    INDUSTRIAL
      • MARINE
      • CHEMICAL
      • OIL & GAS INDUSTRY
      • RENEWABLE ENERGY GENERATION
      • RAILWAY
      • OTHERS
    • COMMERCIAL
    • OTHERS

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