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Global Transformer Market Report Analyzes Trends Across 71 Countries | Wind and Solar Transformer Sales Soar as Grid Modernization Accelerates Worldwide – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Transformer Report Edition 12, 2024 – Vol 1 & 2” has been added to ResearchAndMarkets.com’s offering.


The global transformer market is undergoing significant evolution, with projections indicating a substantial growth trajectory through 2030. Industry forecasts suggest a 38% increase in total transformer sales over 2023 levels, driven largely by a surge in sales of wind and solar generator transformers (65%) and a remarkable 498% increase for EV fast charger transformers.

This trend is fueled by the global energy transition, heightened adoption of electric vehicles (EVs), and ongoing disruptions in supply chains alongside rising material costs and production capacity shortfalls.

Market Dynamics and Forecasts:

  • Comprehensive global market data and forecasts covering 2023 to 2030 in USD and MVA, including installed capacity and average pricing trends.
  • In-depth analysis across seven transformer categories, revealing new high-growth segments and extensive market insights for 11 regions and 71 countries.
  • Detailed profiles and market shares for over 521 tracked transformer companies, highlighting firms with national production exceeding $5 million.
  • Projections of transformer sales by category, country, and capacity, providing valuable foresight for stakeholders planning strategies to capitalize on emerging opportunities.

Vol 1 – Market Statistics and Trends:

  • Detailed observation of transformer production trends, including imports, exports, and sales in various categories such as PT, DT, Dry MV, and Dry LV.
  • Forecasts of sales in value and capacity, along with market shares of major manufacturers.
  • Analysis of the installed transformer base by country and commentary on major markets.
  • Evaluation of the long-term demand trend, pricing determinants, and production capacity utilization.
  • Comprehensive profiles of global and regional manufacturers and the intricate network designs prevalent across Europe and North America.

Vol 2 – Technical Insights:

  • Insightful information on diversified transformer types such as GSU, power distribution, general purpose, and dry-type transformers.
  • Discussion on high voltage transmission evolution, solar PV technologies, and transformerless inverter integration.
  • Analysis of smart transformers, distribution network hosting capacity, and efficiency standards like MEPS.
  • Evaluation of the supply chain, electrification logistics, and the industry’s response to market challenges.

As the global demand for efficient energy solutions continues to rise, these insights demonstrate a pivotal phase for the transformer industry, marked by technological advancements and strategic shifts. Stakeholders poised to embrace these changes can expect to leverage significant gains in an increasingly dynamic market landscape.

Key Topics Covered:

VOL 1 – THE MARKET

  • Executive Summary
  • Accuracy and the Statistical Analysis of Error
  • The World Market for Power and Distribution Transformers
  • North American Transformer Markets
  • LAC Transformer Markets
  • European Transformer Markets
  • CIS Transformer Markets
  • African Transformer Markets
  • Middle Eastern Transformer Markets
  • Chinese Transformer Market
  • Asia Pacific Transformer Markets
  • The Global Structure of the Transformer Stock
  • Transformers for Electric Vehicles (EV)
  • Price Trends and Factors Driving Transformer Prices
  • The Long-Term Demand Cycle 1900–2050
  • Transformer Production Capacity
  • Recent Trends in Central and Distributed Transformer Capacity
  • Top 40 Importers and Exporters of in 2022
  • The Calculation of Accuracy
  • Methodology

Vol 2 – INFRASTRUCTURE, INDUSTRIES AND MARKETS

  • Executive Summary
  • Transformer Types – GSU, Power and Distribution, Industrial Transformers
  • Low Voltage Transformers Background Information
  • Solar PV and Transformerless Inverters
  • Network Transformer Layout
  • Gas to Wire GTW
  • The Development of High Voltage Transmission
  • Hosting Capacity of Distribution Networks and DG Penetration
  • Smart Transformers
  • N+1 Standard, N+2 and 2N, Redundancy and Replacement
  • MEPS – Minimum Energy Performance Standards
  • High Efficiency Transformers
  • The Supply Chains for Transformers
  • Logistics
  • Electrification

For more information about this report visit https://www.researchandmarkets.com/r/15q9sn

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