The global generator steup transformers market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The power industry segment is expected to dominate the market with a share of over 50%. The demand for generators in the power industry is driven by increasing electricity consumption and growing demand for renewable energy sources such as solar and wind power.
The AC steup transformers segment accounted for over 40% of the total revenue in 2017, owing to its higher efficiency and lower cost compared with DC steup transformers.
Some Of The Growth Factors Of This Market:
- The increasing demand for power in developing countries is driving the growth of the generator step-up transformer market.
- The need to reduce carbon emissions and increase energy efficiency is also driving the growth of this market.
- Increasing investments in renewable energy sources such as solar and wind are also driving the growth of this market.
- The increasing demand for power from industries such as oil & gas, mining, and manufacturing is also driving the growth of this market.
- Increasing investments in smart grids are also fueling the growth of this market.
Industry Growth Insights published a new data on “Generator Step-up Transformers Market”. The research report is titled “Generator Step-up Transformers Market research by Types (DC Step-Up Power Transformer, AC Step-Up Power Transformer), By Applications (Power Industry, Metallurgy Industry, Petrochemicals Industry, Railways Industry, Urban Construction), By Players/Companies ABB, TBEA, SIEMENS, GE, Schneider, SGB-SMIT, Qingdao Transformer Group, Mitsubishi Electric, SPX, Eaton, Efacec, Hitachi, Alstom, Crompton Greaves, Daihen, Fuji Electric, Qiantang River Electric, ZTR, Hyosung”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Generator Step-up Transformers Market Research Report
By Type
DC Step-Up Power Transformer, AC Step-Up Power Transformer
By Application
Power Industry, Metallurgy Industry, Petrochemicals Industry, Railways Industry, Urban Construction
By Companies
ABB, TBEA, SIEMENS, GE, Schneider, SGB-SMIT, Qingdao Transformer Group, Mitsubishi Electric, SPX, Eaton, Efacec, Hitachi, Alstom, Crompton Greaves, Daihen, Fuji Electric, Qiantang River Electric, ZTR, Hyosung
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Generator Step-up Transformers Market Report Segments:
The global Generator Step-up Transformers market is segmented on the basis of:
Types
DC Step-Up Power Transformer, AC Step-Up Power Transformer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Industry, Metallurgy Industry, Petrochemicals Industry, Railways Industry, Urban Construction
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- TBEA
- SIEMENS
- GE
- Schneider
- SGB-SMIT
- Qingdao Transformer Group
- Mitsubishi Electric
- SPX
- Eaton
- Efacec
- Hitachi
- Alstom
- Crompton Greaves
- Daihen
- Fuji Electric
- Qiantang River Electric
- ZTR
- Hyosung
Highlights of The Generator Step-up Transformers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- DC Step-Up Power Transformer
- AC Step-Up Power Transformer
- By Application:
- Power Industry
- Metallurgy Industry
- Petrochemicals Industry
- Railways Industry
- Urban Construction
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Generator Step-up Transformers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Generator step-up transformers are used to increase the voltage of a generator.
Some of the major companies in the generator step-up transformers market are ABB, TBEA, SIEMENS, GE, Schneider, SGB-SMIT, Qingdao Transformer Group, Mitsubishi Electric, SPX, Eaton, Efacec, Hitachi, Alstom, Crompton Greaves, Daihen, Fuji Electric, Qiantang River Electric, ZTR, Hyosung.
The generator step-up transformers market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Generator Step-up Transformers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Generator Step-up Transformers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Generator Step-up Transformers Market - Supply Chain
4.5. Global Generator Step-up Transformers Market Forecast
4.5.1. Generator Step-up Transformers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Generator Step-up Transformers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Generator Step-up Transformers Market Absolute $ Opportunity
5. Global Generator Step-up Transformers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Generator Step-up Transformers Market Size and Volume Forecast by Type
5.3.1. DC Step-Up Power Transformer
5.3.2. AC Step-Up Power Transformer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Generator Step-up Transformers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Generator Step-up Transformers Market Size and Volume Forecast by Application
6.3.1. Power Industry
6.3.2. Metallurgy Industry
6.3.3. Petrochemicals Industry
6.3.4. Railways Industry
6.3.5. Urban Construction
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Generator Step-up Transformers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Generator Step-up Transformers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Generator Step-up Transformers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Generator Step-up Transformers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Generator Step-up Transformers Demand Share Forecast, 2019-2026
9. North America Generator Step-up Transformers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Generator Step-up Transformers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Generator Step-up Transformers Market Size and Volume Forecast by Application
9.4.1. Power Industry
9.4.2. Metallurgy Industry
9.4.3. Petrochemicals Industry
9.4.4. Railways Industry
9.4.5. Urban Construction
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Generator Step-up Transformers Market Size and Volume Forecast by Type
9.7.1. DC Step-Up Power Transformer
9.7.2. AC Step-Up Power Transformer
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Generator Step-up Transformers Demand Share Forecast, 2019-2026
10. Latin America Generator Step-up Transformers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Generator Step-up Transformers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Generator Step-up Transformers Market Size and Volume Forecast by Application
10.4.1. Power Industry
10.4.2. Metallurgy Industry
10.4.3. Petrochemicals Industry
10.4.4. Railways Industry
10.4.5. Urban Construction
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Generator Step-up Transformers Market Size and Volume Forecast by Type
10.7.1. DC Step-Up Power Transformer
10.7.2. AC Step-Up Power Transformer
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Generator Step-up Transformers Demand Share Forecast, 2019-2026
11. Europe Generator Step-up Transformers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Generator Step-up Transformers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Generator Step-up Transformers Market Size and Volume Forecast by Application
11.4.1. Power Industry
11.4.2. Metallurgy Industry
11.4.3. Petrochemicals Industry
11.4.4. Railways Industry
11.4.5. Urban Construction
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Generator Step-up Transformers Market Size and Volume Forecast by Type
11.7.1. DC Step-Up Power Transformer
11.7.2. AC Step-Up Power Transformer
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Generator Step-up Transformers Demand Share, 2019-2026
12. Asia Pacific Generator Step-up Transformers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Generator Step-up Transformers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Generator Step-up Transformers Market Size and Volume Forecast by Application
12.4.1. Power Industry
12.4.2. Metallurgy Industry
12.4.3. Petrochemicals Industry
12.4.4. Railways Industry
12.4.5. Urban Construction
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Generator Step-up Transformers Market Size and Volume Forecast by Type
12.7.1. DC Step-Up Power Transformer
12.7.2. AC Step-Up Power Transformer
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Generator Step-up Transformers Demand Share, 2019-2026
13. Middle East & Africa Generator Step-up Transformers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Generator Step-up Transformers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Generator Step-up Transformers Market Size and Volume Forecast by Application
13.4.1. Power Industry
13.4.2. Metallurgy Industry
13.4.3. Petrochemicals Industry
13.4.4. Railways Industry
13.4.5. Urban Construction
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Generator Step-up Transformers Market Size and Volume Forecast by Type
13.7.1. DC Step-Up Power Transformer
13.7.2. AC Step-Up Power Transformer
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Generator Step-up Transformers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Generator Step-up Transformers Market: Market Share Analysis
14.2. Generator Step-up Transformers Distributors and Customers
14.3. Generator Step-up Transformers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TBEA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SIEMENS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GE
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schneider
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SGB-SMIT
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Qingdao Transformer Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitsubishi Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SPX
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Eaton
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Efacec
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hitachi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Alstom
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Crompton Greaves
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Daihen
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Fuji Electric
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Qiantang River Electric
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. ZTR
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hyosung
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
