Market Overview:
The global amorphous transformers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and reliable power supply systems across the globe. In addition, the growing awareness about energy conservation is also propelling the demand for amorphous transformers. The oil-immersed type segment is expected to dominate the global amorphous transformers market during the forecast period owing to its high efficiency and reliability as compared to other types of amorphous transformers.
Product Definition:
Amorphous Transformers are unique in that they do not have a clearly defined shape. This makes them more resistant to damage from external factors, such as impacts or heat. They are also more efficient than traditional transformers, making them a popular choice for renewable energy applications.
Oil-Immersed:
Oil-immersed technology is a method of manufacturing high-purity silicon wafers using an oil as a working fluid. The process has gained popularity owing to its low energy consumption, large production capacities, and suitability for mass production.
The advantages of the technology include low pressure drop across the entire system, uniform pore distribution in the surface of wafers during polishing and lower wear & tear on machinery.
Dry-Type:
Dry-type amorphous transformer is a type of power transformer with low internal resistance, which helps in improving the efficiency and effectiveness of electric power transmission. Dry-type transformers are widely used for high voltage long-distance electricity supply in various industries such as oil & gas, chemical processing, petrochemical manufacturing and others.
Application Insights:
The utility companies segment held the largest market share in 2017. Utility companies use amorphous Transformers to step up the voltage of alternating current (AC) for distribution. These products are used where space is limited and high power requirements need to be met, such as in data centers, industrial buildings and commercial offices.
The factory application segment is expected to witness significant growth over the forecast period owing to its ability transform low-voltage direct current (DC) into high-voltage AC with less power consumption. The product has applications across multiple industries including electrical & electronics, oil & gas, food & beverage and pharmaceuticals among others which require a stable electric supply at low cost with excellent quality characteristics.
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 infrastructure development and manufacturing facilities by various companies. For instance, Siemens Building & Heating has announced plans for setting up a facility of amorphous metal heat exchangers in China with an investment of USD X million over a period of three years beginning from 2017. Furthermore, rising demand for energy-efficient products along with favorable government regulations is anticipated to drive industry expansion over the coming years.
Europe was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% during the forecast period owing to growing product demand from several end-use industries including building & construction, industrial equipment.
Growth Factors:
- Increasing demand from the automotive sector: The global automotive market is expected to grow at a CAGR of around 4% during the forecast period. This is expected to drive the demand for amorphous transformers, as they are used in various applications in the automotive sector such as powertrain, body electronics, and chassis & safety systems.
- Growing demand for energy-efficient products: Amorphous transformers are more energy efficient than traditional transformers and this is driving their adoption across industries. They consume less power during standby mode and offer high efficiency levels even at low loads.
- Rising investments in renewable energy projects: Renewable energy sources such as solar and wind are becoming increasingly popular due to their environmental benefits over traditional sources of energy generation such as coal-fired plants. This is driving investments in renewable energy projects, which is likely to boost the growth of the amorphous transformer market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Amorphous Transformers Market Research Report
By Type
Oil-Immersed, Dry-Type
By Application
Factory, Building, Utility Companies, Other
By Companies
Hitachi Industrial Equipment Systems, ABB, Siemens, State Grid Yingda (Zhixin Electric), Toshiba Transmission & Distribution Systems, CG Global, CREAT, Sunten, Yangdong Electric, TBEA, Eaglerise, TATUNG, Henan Longxiang Electrical, Howard Industries, 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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Amorphous Transformers Market Report Segments:
The global Amorphous 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, Utility Companies, Other
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 Industrial Equipment Systems
- ABB
- Siemens
- State Grid Yingda (Zhixin Electric)
- Toshiba Transmission & Distribution Systems
- CG Global
- CREAT
- Sunten
- Yangdong Electric
- TBEA
- Eaglerise
- TATUNG
- Henan Longxiang Electrical
- Howard Industries
- Powerstar
Highlights of The Amorphous 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
- Utility Companies
- Other
- 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 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
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 Transformers is a term used to describe Transformers that do not have any specific form or shape. They can be made out of any material, and often have no clear outline or definition.
Some of the major companies in the amorphous transformers market are Hitachi Industrial Equipment Systems, ABB, Siemens, State Grid Yingda (Zhixin Electric), Toshiba Transmission & Distribution Systems, CG Global, CREAT, Sunten, Yangdong Electric, TBEA, Eaglerise, TATUNG, Henan Longxiang Electrical, Howard Industries, Powerstar.
The amorphous transformers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Amorphous 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 Transformers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Amorphous 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 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 Transformers Market Size & Forecast, 2018-2028
4.5.1 Amorphous Transformers Market Size and Y-o-Y Growth
4.5.2 Amorphous Transformers Market Absolute $ Opportunity
Chapter 5 Global Amorphous Transformers 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 Amorphous Transformers 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 Amorphous Transformers 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 Amorphous Transformers Market Size Forecast by Applications
6.2.1 Factory
6.2.2 Building
6.2.3 Utility Companies
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Amorphous 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 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 Amorphous Transformers Analysis and Forecast
9.1 Introduction
9.2 North America Amorphous Transformers 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 Amorphous Transformers 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 Amorphous Transformers Market Size Forecast by Applications
9.10.1 Factory
9.10.2 Building
9.10.3 Utility Companies
9.10.4 Other
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 Amorphous Transformers Analysis and Forecast
10.1 Introduction
10.2 Europe Amorphous Transformers 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 Amorphous Transformers 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 Amorphous Transformers Market Size Forecast by Applications
10.10.1 Factory
10.10.2 Building
10.10.3 Utility Companies
10.10.4 Other
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 Amorphous Transformers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Amorphous Transformers 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 Amorphous Transformers 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 Amorphous Transformers Market Size Forecast by Applications
11.10.1 Factory
11.10.2 Building
11.10.3 Utility Companies
11.10.4 Other
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 Amorphous Transformers Analysis and Forecast
12.1 Introduction
12.2 Latin America Amorphous Transformers 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 Amorphous Transformers 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 Amorphous Transformers Market Size Forecast by Applications
12.10.1 Factory
12.10.2 Building
12.10.3 Utility Companies
12.10.4 Other
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) Amorphous Transformers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Amorphous Transformers 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) Amorphous Transformers 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) Amorphous Transformers Market Size Forecast by Applications
13.10.1 Factory
13.10.2 Building
13.10.3 Utility Companies
13.10.4 Other
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 Transformers Market: Competitive Dashboard
14.2 Global Amorphous Transformers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hitachi Industrial Equipment Systems
14.3.2 ABB
14.3.3 Siemens
14.3.4 State Grid Yingda (Zhixin Electric)
14.3.5 Toshiba Transmission & Distribution Systems
14.3.6 CG Global
14.3.7 CREAT
14.3.8 Sunten
14.3.9 Yangdong Electric
14.3.10 TBEA
14.3.11 Eaglerise
14.3.12 TATUNG
14.3.13 Henan Longxiang Electrical
14.3.14 Howard Industries
14.3.15 Powerstar
