Market Overview:
The global amorphous core power transformers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and reliable power transformers across the globe. In addition, the growing awareness about energy conservation is also propelling the demand for amorphous core power transformers. The global amorphous core power transformer market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into oil-immersed and dry-type transformer segments. The oil-immersed transformer segment is expected to account for a major share of this market in 2018 owing to its high efficiency as compared to dry-type transformers. However, with technological advancements being made in dry-type transformer technology, this segment is projected to witness significant growth during the forecast period from 2018to 2030 .
Product Definition:
Amorphous core power transformers are a type of transformer that uses an amorphous metal alloy as the core material. This type of transformer is important because it has a higher efficiency than traditional transformers, and it is also more resistant to damage from short circuits or overloads.
Oil-immersed:
Oil-immersed transformers are core power transformer with non-core saturation in which the windings of primary and secondary coils are completely covered with oil. The transformer is wound with a large number of turns of heavy insulated wire to provide high voltage insulation. These transformers have wide range applications such as in power distribution, telecommunication base stations, renewable energy systems and other utility services.
Dry-type:
Dry-type core power transformer is a type of core power transformer which uses no liquid cooling system. It has an advantage over the wet-type in that it can operate at higher temperatures, and thus requires less space. The dry type transformers are used for high voltage applications up to 1,200 kV AC.
The global amorphous core power transformer market size was valued at USD 2,867.7 million in 2016.
Application Insights:
The market is segmented by application into the factory, building, electric pole and others. The other applications include military base, marine and automotive. Amorphous core power Transformers are used in numerous applications including the electric pole, building or industrial site mounted transformers (ISMT), large commercial buildings such as shopping malls or hospitals with multiple generators for backup power supply for critical facilities.
Growing demand from end-use industries such as oil & gas; petrochemicals; energy & power; pharmaceuticals are expected to drive the product demand over the forecast period. In addition to that increasing investments in green energy production have resulted in an increased number of solar photovoltaic installations across countries such as China India and U.S., which will boost product demand over the forecast period involving Amorphous Core Transformers (AT).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in various sectors such as transportation and industrial applications. Increasing demand for electric vehicles, coupled with rising manufacturing activities in countries such as China and India, is also likely to drive amorphous core power transformer market growth over the next eight years.
The presence of a large number of manufacturers in Asia Pacific has led to an increase in exports from this region which, subsequently, will boost industry expansion over the coming years. In addition, growing awareness regarding energy conservationism will further propel product demand during the forecast period.
Growth Factors:
- Increasing demand for energy-efficient and reliable power transformers
- Rapid industrialization and urbanization in developing countries
- Growing investments in renewable energy sources
- Proliferation of smart grids and microgrids
- Rising concerns over climate change
Scope Of The Report
Report Attributes
Report Details
Report Title
Amorphous Core Power Transformers Market Research Report
By Type
Oil-immersed, Dry-type
By Application
Factory, Building, Electric Pole, Others
By Companies
Hitachi, ABB, Siemens, Zhixin Electric, Vijai, CG Global, Howard Industries, STS, CREAT, BRG, Sunten, Eaglerise, Tianwei Group, ProlecGE, Kotsons, Yangdong Electric, Powerstar
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Amorphous Core Power Transformers Market Report Segments:
The global Amorphous Core Power Transformers market is segmented on the basis of:
Types
Oil-immersed, Dry-type
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
Factory, Building, Electric Pole, Others
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:
- Hitachi
- ABB
- Siemens
- Zhixin Electric
- Vijai
- CG Global
- Howard Industries
- STS
- CREAT
- BRG
- Sunten
- Eaglerise
- Tianwei Group
- ProlecGE
- Kotsons
- Yangdong Electric
- Powerstar
Highlights of The Amorphous Core Power 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:
- Oil-immersed
- Dry-type
- By Application:
- Factory
- Building
- Electric Pole
- Others
- 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 Amorphous Core Power 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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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?
Amorphous Core Power Transformers are a type of transformer that use energy in an amorphous form. This type of transformer is often used to power devices that require a high amount of energy, but do not need to be tightly regulated.
Some of the key players operating in the amorphous core power transformers market are Hitachi, ABB, Siemens, Zhixin Electric, Vijai, CG Global, Howard Industries, STS, CREAT, BRG, Sunten, Eaglerise, Tianwei Group, ProlecGE, Kotsons, Yangdong Electric, Powerstar.
The amorphous core power transformers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Amorphous Core Power Transformers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Amorphous Core Power Transformers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Amorphous Core Power Transformers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Amorphous Core Power Transformers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Amorphous Core Power Transformers Market Size & Forecast, 2020-2028
4.5.1 Amorphous Core Power Transformers Market Size and Y-o-Y Growth
4.5.2 Amorphous Core Power Transformers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Oil-immersed
5.2.2 Dry-type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Factory
6.2.2 Building
6.2.3 Electric Pole
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Amorphous Core Power Transformers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Amorphous Core Power Transformers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Oil-immersed
9.6.2 Dry-type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Factory
9.10.2 Building
9.10.3 Electric Pole
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Oil-immersed
10.6.2 Dry-type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Factory
10.10.2 Building
10.10.3 Electric Pole
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Oil-immersed
11.6.2 Dry-type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Factory
11.10.2 Building
11.10.3 Electric Pole
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Oil-immersed
12.6.2 Dry-type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Factory
12.10.2 Building
12.10.3 Electric Pole
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Oil-immersed
13.6.2 Dry-type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Factory
13.10.2 Building
13.10.3 Electric Pole
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Amorphous Core Power Transformers Market: Competitive Dashboard
14.2 Global Amorphous Core Power Transformers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hitachi
14.3.2 ABB
14.3.3 Siemens
14.3.4 Zhixin Electric
14.3.5 Vijai
14.3.6 CG Global
14.3.7 Howard Industries
14.3.8 STS
14.3.9 CREAT
14.3.10 BRG
14.3.11 Sunten
14.3.12 Eaglerise
14.3.13 Tianwei Group
14.3.14 ProlecGE
14.3.15 Kotsons
14.3.16 Yangdong Electric
14.3.17 Powerstar
