Worldwide Power Transformer Industry to 2026 - Energy Efficiency Improvement in Power Transformers Presents Opportunities - ResearchAndMarkets.com

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DUBLIN, December 09, 2021--(BUSINESS WIRE)--The "Power Transformer Market Research Report by Insulation Type, Product Type, Rating, Cooling Method, Phase Type, Application Type, End-use, and Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Power Transformer Market size was estimated at USD 33.13 billion in 2020, is expected to reach USD 34.77 billion in 2021, and projected to grow at a CAGR of 5.28% reaching USD 45.12 billion by 2026.

Competitive Strategic Window

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Power Transformer Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Power Transformer Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Power Transformer Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Power Transformer Market?

4. What is the competitive strategic window for opportunities in the Global Power Transformer Market?

5. What are the technology trends and regulatory frameworks in the Global Power Transformer Market?

6. What is the market share of the leading vendors in the Global Power Transformer Market?

7. What modes and strategic moves are considered suitable for entering the Global Power Transformer Market?

Market Dynamics

Drivers

  • Increasing electricity demand worldwide

  • Growth in smart grid and smart power transformer development

  • Rising focus on renewable electric power generation

Restraints

  • Core and coil losses in transformers

Opportunities

  • Rising investment in new & refurbishment of power infrastructure

  • Energy efficiency improvement in power transformers

Challenges

  • Fluctuating prices of raw materials such as copper & steel

Companies Mentioned

  • Alstrom SA

  • ASEA Brown Boveri Group

  • Bharat Bijlee

  • Bharat Heavy Electricals Limited

  • Celme S.r.l.

  • CG Power and Industrial Solutions Ltd.

  • China XD Electric

  • Crompton Greaves Ltd.

  • Daihen Electric Co.Ltd.

  • EMCO Ltd

  • General Electric Company

  • Hammond Power Solutions

  • Hitachi Ltd.

  • Hyosung Power & Industrial Systems Performance Group

  • Hyundai Heavy Industries Co. Ltd.

  • Kirloskar Electric Company

  • Mitsubishi Electric Corporation,

  • Schneider Electric SA

  • SGB-SMIT International GmbH.

  • Siemens AG,

  • SPX Transformer Solutions, Inc.

  • TBA Corp Ltd

  • TBEA Co. Ltd.

  • Tebian Electric Apparatus

  • Toshiba Corporation

  • Voltamp Transformers

For more information about this report visit https://www.researchandmarkets.com/r/l4mpx3

View source version on businesswire.com: https://www.businesswire.com/news/home/20211209005568/en/

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