GLOBAL DISTRIBUTION TRANSFORMER MARKET FORECAST 2019-2027

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GLOBAL DISTRIBUTION TRANSFORMER MARKET FORECAST 2019-2027

The distribution transformer market is anticipated to rise with a CAGR of about 7.59% during the forecast period of 2019-2027, to generate revenue of $28,783 million by 2027. A distribution transformer is utilized whenever electrical energy at a low voltage is required as per the usage. Distribution transformers are the step-down transformers used for the transformation of final voltage in the distribution of electric power at a low voltage.

GLOBAL DISTRIBUTION TRANSFORMERS MARKET FORECAST 2019-2027

Global Distribution Transformer Market by Insulation Type (Dry Type, Oil-filled) by Mounting (Pad-mounted, Pole-mounted, Underground Vault) by Phase (Single-phase, Three-phase) by Geography.

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The distribution transformer market is anticipated to rise with a CAGR of about 7.59% during the forecast period of 2019-2027, to generate revenue of $28,783 million by 2027. A distribution transformer is utilized whenever electrical energy at a low voltage is required as per the usage. Distribution transformers are the step-down transformers used for the transformation of final voltage in the distribution of electric power at a low voltage. The distribution transformers market is primarily driven by the following factors:

  • Smart grid electrifying the market
  • Focus on green energy
  • Advances in the transformer industry
  • Rebuilding and modernization of aging power infrastructure

The important drivers increasing the growth of the global distribution transformers market are the smart grid electrifying market and advances in the transformer industry. Several smart grid initiatives have been taken by various organizations such as IEEE to support the growth of the global distribution transformer market. There have been several initiatives taken towards using digital revolution in distribution transformer market. The smart grid is the most recent development in the electricity market.

The insulation type of distribution transformer is segmented into dry type and oil-filled. The global oil-filled distribution transformer accounted for the major share of the global distribution transformer market in 2018. Oil filled distribution transformer needs oil or fire resistance liquids for cooling. Also, oil filled distribution transformer needs high cost for its maintenance and requires various oil or gases for its operation. Oil-filled distribution transformer provides several features such as it is designed to optimize the specific performance in case of a rise in temperature and noise levels, it is useful for capitalization of distribution losses, and the fact that it has a mechanical design which includes accessories for maximum weight and dimensions. The dry type distribution transformer needs less maintenance and gives long service. It has no movable parts and is mainly a solid static device that provides trouble free and long life. As liquid transformer is cooled with oil or fire resistant liquids, dry-type distribution transformer uses only environmentally safe CSA and UL based high-temperature insulation systems.

Standardization of equipment and stress-related failures are the major factors hindering the distribution transformers market. Distribution transformers are fail-safe, economical and have a long life expectancy. A distribution transformer has many distinct parts that work simultaneously with each other. All the distinct parts of the distribution transformer can have a variety of faults resulting in different forms of malfunctions.

The global distribution transformers market segments include insulation type, mounting type, and phase.

Insulation type is sub-segmented into:

  • Oil-filled
  • Dry type

Mounting type is sub-segmented into:

  • Pad-mounted
  • Underground vault
  • Pole-mounted

Phase is sub-segmented into:

  • Three-phase
  • Single-phase

The report covered the present market conditions and the development forecasts of the distribution transformers market for 2019-2027 and considered the revenue generated through the sales of distribution transformers for insulation type, mounting type, and phase to compute the market size by considering 2018 as the base year.

Geographically, the global distribution transformers market is segmented on the base of four major regions, which comprise:

Globally, the Asia Pacific region was accounted for leading the market in 2018. The Asia Pacific is also estimated to be the fastest growing region as compared to others for the forecast period. High government investment for the grid development in recent years and increasing adoption of smart grid in developing regions of Asia Pacific has promoted immense growth in the market. APAC will likely see the largest growth in the market during the forecast period, with Japan, China, India, and South Korea being the leading contributors. These nations are conducting pilot tests and have started rolling out smart energy sensors. Factors like the widespread deployment of smart meters, smart sensors, and other networking hardware and software technologies in the region are likely to impact the market significantly. These will, in turn, promote an immense growth in the future market of Asia Pacific, thus sustaining its leading role in the global distribution transformer market.

The global distribution transformer market is segmented by mounting and it is further segmented into pad-mounted, pole-mounted and underground vault market also it is segmented into Phase which is further sub-segmented into Single Phase and Three Phase. The global pad mounted market accounted for the major share of the global distribution transformer market whereas the pole-mounted market is anticipated to grow at the fastest CAGR during the forecasted years. Pole mounted distribution transformers are mounted on electricity service pole and tends to convert high primary voltage lines (either overhead or underground) to secondary distribution wires inside the building. They are most commonly used in urban and rural residential areas and low volume commercial establishments. Single phase power distribution is defined by distributing alternative electric power using a system voltage supply that varies in unison. Three phase power distribution transformers are amongst the most widely used power transformers in the world.

The major market players of the global distribution transformers market are:

  • ABB Ltd.
  • Siemens AG
  • Schneider Electric
  • Hitachi Ltd.
  • General Electric

The company profiles cover the market analysis of important players. ABB Ltd. provides power and automation technology for the industrial customer across the world. It offers broad product portfolio to industries, systems, solutions, and services to optimize the performance, reliability and return on investments of solar installation from residential rooftop to commercial and industrial application and utility-grade power plant. It operates in around 100 countries. General Electric company power segment provides nuclear reactors, fuels, process system solutions, wastewater treatment, water treatment, distributed power gas engines, and gas and steam power systems.

Key findings of the global distribution transformers market:

  • Dry type insulation market is growing significantly
  • Increasing demand for power in African regions
  • The pad-mounted market holds the largest market share
  • Three phase segment is the market leader
  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • DRY TYPE INSULATION MARKET IS GROWING SIGNIFICANTLY
      • INCREASING DEMAND FOR POWER IN AFRICAN REGIONS
      • PAD MOUNTED MARKET HOLDS THE LARGEST MARKET SHARE
      • THREE PHASE SEGMENT IS THE MARKET LEADER
  1. MARKET DETERMINANTS
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • SMART GRID ELECTRIFYING THE MARKET
      • INCREASING FOCUS ON GREEN ENERGY
      • ADVANCES IN TRANSFORMER INDUSTRY
      • REBUILDING AND MODERNIZATION OF AGING POWER INFRASTRUCTURE
    • MARKET RESTRAINTS
      • STANDARDIZATION OF EQUIPMENT
      • STRESS CAUSING FAILURES
    • MARKET OPPORTUNITIES
      • DIGITAL TRANSFORMATION OF UTILITIES
      • RENEWABLE ENERGY GAINING TRACTION
      • INCREASE IN ELECTRICITY DEMAND THROUGHOUT THE WORLD
    • MARKET CHALLENGES
      • OPERATIONAL INEFFICIENCIES LEADING TO DELAYS AND SUSPENSIONS
      • VOLATILE PRICES OF RAW MATERIALS
  1. MARKET BY INSULATION TYPE
    • DRY TYPE
    • OIL-FILLED
  2. MARKET BY MOUNTING
    • PAD-MOUNTED
    • POLE-MOUNTED
    • UNDERGROUND VAULT
  3. MARKET BY PHASE
    • SINGLE-PHASE
    • THREE-PHASE
  4. KEY ANALYTICS
    • KEY MARKET INSIGHTS
      • TOP EMERGING COUNTRIES
      • TOP REVENUE GENERATING SEGMENTS
      • EMERGING TRENDS
    • PORTER’S FIVE FORCES MODEL
      • THREAT OF NEW ENTRANTS
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF SUBSTITUTE PRODUCTS
      • COMPETITIVE RIVALRY BETWEEN EXISTING PLAYERS
    • KEY BUYING CRITERIA
      • APPLICATION
      • EFFICIENCY
      • RELIABILITY
      • SUPERIOR TECHNOLOGY
    • VALUE CHAIN ANALYSIS
    • STRATEGIC RECOMMENDATION & STRATEGIC CONCLUSIONS
    • OPPORTUNITY MATRIX
  5. GEOGRAPHIC ANALYSIS
    • NORTH AMERICA
      • THE UNITED STATES
      • CANADA
    • EUROPE
      • THE UNITED KINGDOM (UK)
      • FRANCE
      • GERMANY
      • SPAIN
      • ITALY
      • REST OF EUROPE (ROE)
    • ASIA PACIFIC
      • INDIA
      • CHINA
      • JAPAN
      • AUSTRALIA
      • SOUTH KOREA
      • REST OF APAC
    • REST OF WORLD (ROW)
      • LATIN AMERICA
      • MIDDLE EAST AND AFRICA (MEA)
  1. COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
    • COMPANY PROFILES
      • ABB LTD.
      • CROMPTON GREAVES LTD.
      • EATON CORPORATION PLC
      • GENERAL ELECTRIC
      • SIEMENS AG
      • SCHNEIDER ELECTRIC
      • STARKSTROM GERÄTEBAU GMBH
      • WILSON POWER SOLUTIONS
      • LEMI TRAFO JSC
      • HYOSUNG CORPORATION
      • BRUSH ELECTRICAL MACHINES LTD.
      • HAMMOND POWER SOLUTIONS, INC.
      • KIRLOSKAR ELECTRIC COMPANY LIMITED
      • EMERSON ELECTRIC CO
      • BOWERS ELECTRICAL LTD.
      • CELME SRL
      • AREVA SA
      • HITACHI LTD.
      • ORMAZABAL VELATIA

LIST OF TABLES  

TABLE 1        GLOBAL DISTRIBUTION TRANSFORMER MARKET BY REGION 2019-2027 ($ MILLION)

TABLE 2        CAUSES OF FAILURES IN DISTRIBUTION TRANSFORMER

TABLE 3        GLOBAL DISTRIBUTION TRANSFORMER BY INSULATION TYPE 2019-2027 ($ MILLION)

TABLE 4        GLOBAL DRY TYPE DISTRIBUTION TRANSFORMERS MARKET BY REGION 2019-2027($ MILLION)

TABLE 5        GLOBAL OIL FILLED DISTRIBUTION TRANSFORMER MARKET BY REGION 2019-2027($ MILLION)

TABLE 6        GLOBAL DISTRIBUTION TRANSFORMER MARKET BY MOUNTING 2019-2027($MILLION)

TABLE 7        GLOBAL PAD MOUNTED DISTRIBUTION TRANSFORMER MARKET BY REGION 2019-2027($ MILLION)

TABLE 8        GLOBAL POLE MOUNTED DISTRIBUTION TRANSFORMER MARKET BY REGION 2019-2027($ MILLION)

TABLE 9        GLOBAL UNDERGROUND VAULT DISTRIBUTION TRANSFORMER MARKET BY REGION 2019-2027($MILLION)

TABLE 10      GLOBAL DISTRIBUTION TRANSFORMER MARKET BY PHASE 2019-2027 ($ MILLION)

TABLE 11      GLOBAL SINGLE PHASE POWER DISTRIBUTION TRANSFORMER MARKET BY REGION 2019-2027($ MILLION)

TABLE 12      GLOBAL THREE PHASE POWER DISTRIBUTION TRANSFORMER MARKET BY REGION 2019-2027($ MILLION)

TABLE 13      THREAT OF NEW ENTRANTS ANALYSIS IN DISTRIBUTION TRANSFORMERS MARKET

TABLE 14      BARGAINING POWER OF BUYER ANALYSIS IN DISTRIBUTION TRANSFORMERS MARKET

TABLE 15      BARGAINING POWER OF SUPPLIERS ANALYSIS IN DISTRIBUTION TRANSFORMERS MARKET

TABLE 16      THREAT OF SUBSTITUTE PRODUCTS ANALYSIS IN DISTRIBUTION MARKET

TABLE 17      COMPETITIVE RIVALRY BETWEEN EXISTING PLAYERS IN DISTRIBUTION TRANSFORMERS MARKET

TABLE 18      NORTH AMERICA DISTRIBUTION TRANSFORMERS MARKET BY COUNTRY 2019-2027 ($ MILLION)

TABLE 19      EUROPE DISTRIBUTION TRANSFORMER MARKET BY COUNTRY 2019-2027($ MILLION)

TABLE 20      ASIA-PACIFIC DISTRIBUTION TRANSFORMERS MARKET BY COUNTRY 2019-2027($ MILLION)

TABLE 21      POWER SECTOR AT A GLANCE IN INDIA (2017)

TABLE 22      RECENT SMART GRID DEVELOPMENT PROJECT IN THAILAND

TABLE 23      REST OF WORLD DISTRIBUTION TRANSFORMER MARKET BY REGION 2019-2027($ MILLION)

 

LIST OF FIGURES 

FIGURE 1      STEEP INCLINE IN AFRICA MARKET

FIGURE 2      REASONS FOR FAILURE IN DISTRIBUTION TRANSFORMERS

FIGURE 3      GLOBAL DISTRIBUTION TRANSFORMERS MARKET BY DRY TYPE 2019-2027($ MILLION)

FIGURE 4      GLOBAL DISTRIBUTION TRANSFORMER BY OIL FILLED MARKET 2019-2027($ MILLION)

FIGURE 5      GLOBAL DISTRIBUTION TRANSFORMER MARKET BY PAD MOUNTED 2019-2027($ MILLION)

FIGURE 6      GLOBAL DISTRIBUTION TRANSFORMER MARKET BY POLE MOUNTED 2019-2027($ MILLION)

FIGURE 7      GLOBAL UNDERGROUND VAULT DISTRIBUTION TRANSFORMER MARKET 2019-2027($ MILLION)

FIGURE 8      GLOBAL SINGLE PHASE POWER DISTRIBUTION TRANSFORMER MARKET 2019-2027($ MILLION)

FIGURE 9      GLOBAL THREE PHASE POWER DISTRIBUTION TRANSFORMER MARKET 2019-2027($ MILLION)

FIGURE 10   GROWTH OF THE COUNTRIES CAGR FOR THE FORECASTED PERIOD

FIGURE 11   THREE PHASE SEGMENT OUTLOOK 2019 & 2027 ($ MILLION)

FIGURE 12   POLE MOUNTED SEGMENT OUTLOOK 2019-2027($ MILLION)

FIGURE 13   PORTER’S 5 FORCE MODEL OF DISTRIBUTION TRANSFORMER MARKET

FIGURE 14   INVESTMENT PREPOSITION ACROSS REGIONS 2018

FIGURE 15   THE UNITED STATES DISTRIBUTION TRANSFORMERS MARKET 2019-2027($ MILLION)

FIGURE 16   CANADA DISTRIBUTION TRANSFORMERS MARKET 2019-2027($ MILLION)

FIGURE 17   THE UNITED KINGDOM (UK) DISTRIBUTION TRANSFORMER MARKET 2019-2027($ MILLION)

FIGURE 18   FRANCE DISTRIBUTION TRANSFORMER MARKET 2019-2027($ MILLION)

FIGURE 19   GERMANY DISTRIBUTION TRANSFORMER MARKET 2019-2027($ MILLION)

FIGURE 20   SPAIN DISTRIBUTION TRANSFORMER MARKET 2019-2027($ MILLION)

FIGURE 21   ITALY DISTRIBUTION TRANSFORMER MARKET 2019-2027($ MILLION)

FIGURE 22   REST OF EUROPE DISTRIBUTION TRANSFORMER MARKET 2019-2027($ MILLION)

FIGURE 23   INDIA DISTRIBUTION TRANSFORMERS MARKET 2019-2027($ MILLION)

FIGURE 24   CHINA DISTRIBUTION TRANSFORMERS MARKET 2019-2027($ MILLION)

FIGURE 25   THE FUTURE OF JAPANESE ENERGY MARKET IN 2030

FIGURE 26   JAPAN DISTRIBUTION TRANSFORMERS MARKET 2019-2027($ MILLION)

FIGURE 27   AUSTRALIA DISTRIBUTION TRANSFORMERS MARKET 2019-2027($ MILLION)

FIGURE 28   SOUTH KOREA DISTRIBUTION TRANSFORMERS MARKET 2019-2027($ MILLION)

FIGURE 29   REST OF APAC DISTRIBUTION TRANSFORMERS MARKET 2019-2027($ MILLION)

FIGURE 30   LATIN AMERICA DISTRIBUTION TRANSFORMER MARKET 2019-2027($ MILLION)

FIGURE 31   MIDDLE EAST AND AFRICA POWER DISTRIBUTION TRANSFORMER MARKET 2019-2027($ MILLION)

FIGURE 32   MARKET SHARE ANALYSIS OF DISTRIBUTION TRANSFORMERS MARKET 2018 (%)

  1. GEOGRAPHIC ANALYSIS
    • NORTH AMERICA
      • THE UNITED STATES
      • CANADA
    • EUROPE
      • THE UNITED KINGDOM (UK)
      • FRANCE
      • GERMANY
      • SPAIN
      • ITALY
      • REST OF EUROPE (ROE)
    • ASIA PACIFIC
      • INDIA
      • CHINA
      • JAPAN
      • AUSTRALIA
      • SOUTH KOREA
      • REST OF APAC
    • REST OF WORLD (ROW)
      • LATIN AMERICA
      • MIDDLE EAST AND AFRICA (MEA)
  1. MARKET BY INSULATION TYPE
    • DRY TYPE
    • OIL-FILLED
  2. MARKET BY MOUNTING
    • PAD-MOUNTED
    • POLE-MOUNTED
    • UNDERGROUND VAULT
  3. MARKET BY PHASE
    • SINGLE-PHASE
    • THREE-PHASE

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