Market Overview:
The global cast resin transformers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cast resin transformers in the urban power grid, transportation, industry, and energy and smelting applications. In addition, the growing demand for cast resin transformers in emerging countries such as China and India is also contributing to the growth of this market.
Product Definition:
A cast resin transformer is a type of transformer that uses a cast resin as its primary insulation. Cast resin transformers are important because they provide high levels of insulation, which helps to protect the transformer against damage and improve its efficiency.
0-500KVA:
0-500KVA is a power range which represents the capacity of a transformer from 0 to 500 kilovolts. It is used in transmission and distribution of electric power for commercial, industrial or residential sector. The primary function of these products includes step up/step down conversion from high voltage to low voltage and reverse process when the load is connected in the low voltage side.
500-1000 KVA:
500-1000 KVA is the range of power rating for a single-phase AC/DC UPS. It is used to represent the capacity of an equipment which can provide power supply to multiple circuits simultaneously. The main function of 500-1000 KVA UPS is to provide short circuit and overload protection along with maintaining safe temperature during high load situations in data centers, telecom towers, etc.
Application Insights:
The industry is segmented on the basis of application into urban power grid, transportation, industry, energy and smelting, and others. The urban power grid segment accounted for a major share in 2017 owing to growing demand from residential areas for improved electricity supply coupled with an increase in industrial activities across various developing countries including China India Indonesia Japan Malaysia Philippines Singapore South Korea Thailand Vietnam has resulted in increased consumption of transformers.
Industrial applications include oil & gas refineries chemical plants paper mills etc. This segment is expected to grow at a significant rate over the forecast period as several industries are moving out of China towards other Asian countries due to low cost availability of labor force and land which has resulted in lower prices coupled with ease of doing business which will have a positive impact on growth over the forecast period.
Regional Analysis:
North America dominated the global cast resin Transformers market in 2017. The growth is majorly driven by increasing demand for power grids and industrial applications in countries such as U.S., Canada, and Mexico.
Asia Pacific regional market captured a revenue share of over 20%in 2017 owing to growing population and rapid urbanization across emerging economies including China & India.
Europe held a substantial shareof more than 15%in terms of volume as well as revenue generation owingto presence of large steel production facilities along with energy sector being one of its key components that require regular maintenance.
Growth Factors:
- Increasing demand from the electrical and electronics industry
- Rising demand for energy-efficient and compact equipment
- Growing investment in renewable energy sources
- Proliferation of smart grids and microgrids
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Cast Resin Transformers Market Research Report
By Type
0-500KVA, 500-1000 KVA, 1000-2000 KVA, Above2000 KVA
By Application
Urban Power Grid, Transportation, Industry, Energy and Smelting, Others
By Companies
ABB, Siemens, Schneider Electric, GE, JSHP Transformer, TBEA, Legrand, SGB-SMIT Group, TOSHIBA, Fuji Electric, Jinpan International, WEG, Efacec, Sunten Electric, Hyosung Heavy Industries, Jinshanmen, Imefy, Hammond Power Solutions, Hitachi, Voltamp Transformers
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Cast Resin Transformers Market Report Segments:
The global Cast Resin Transformers market is segmented on the basis of:
Types
0-500KVA, 500-1000 KVA, 1000-2000 KVA, Above2000 KVA
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
Urban Power Grid, Transportation, Industry, Energy and Smelting, 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:
- ABB
- Siemens
- Schneider Electric
- GE
- JSHP Transformer
- TBEA
- Legrand
- SGB-SMIT Group
- TOSHIBA
- Fuji Electric
- Jinpan International
- WEG
- Efacec
- Sunten Electric
- Hyosung Heavy Industries
- Jinshanmen
- Imefy
- Hammond Power Solutions
- Hitachi
- Voltamp Transformers
Highlights of The Cast Resin 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:
- 0-500KVA
- 500-1000 KVA
- 1000-2000 KVA
- Above2000 KVA
- By Application:
- Urban Power Grid
- Transportation
- Industry
- Energy and Smelting
- 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 Cast Resin 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
- Business Expansion Strategies
- 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?
Cast resin Transformers are a type of 3D printing filament made from a mixture of plastic and metal powder. The printer extrudes the molten plastic through small nozzles, depositing the metal powder on top in layers. When the print is complete, the heat from the printer melts and bonds all of these tiny pieces together into one solid piece - like a cast figurine or sculpture.
Some of the key players operating in the cast resin transformers market are ABB, Siemens, Schneider Electric, GE, JSHP Transformer, TBEA, Legrand, SGB-SMIT Group, TOSHIBA, Fuji Electric, Jinpan International, WEG, Efacec, Sunten Electric, Hyosung Heavy Industries, Jinshanmen, Imefy, Hammond Power Solutions, Hitachi, Voltamp Transformers.
The cast resin 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 Cast Resin 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 Cast Resin Transformers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cast Resin 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 Cast Resin 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 Cast Resin Transformers Market Size & Forecast, 2020-2028 4.5.1 Cast Resin Transformers Market Size and Y-o-Y Growth 4.5.2 Cast Resin 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 0-500KVA
5.2.2 500-1000 KVA
5.2.3 1000-2000 KVA
5.2.4 Above2000 KVA
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 Urban Power Grid
6.2.2 Transportation
6.2.3 Industry
6.2.4 Energy and Smelting
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cast Resin 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 Cast Resin 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 0-500KVA
9.6.2 500-1000 KVA
9.6.3 1000-2000 KVA
9.6.4 Above2000 KVA
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 Urban Power Grid
9.10.2 Transportation
9.10.3 Industry
9.10.4 Energy and Smelting
9.10.5 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 0-500KVA
10.6.2 500-1000 KVA
10.6.3 1000-2000 KVA
10.6.4 Above2000 KVA
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 Urban Power Grid
10.10.2 Transportation
10.10.3 Industry
10.10.4 Energy and Smelting
10.10.5 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 0-500KVA
11.6.2 500-1000 KVA
11.6.3 1000-2000 KVA
11.6.4 Above2000 KVA
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 Urban Power Grid
11.10.2 Transportation
11.10.3 Industry
11.10.4 Energy and Smelting
11.10.5 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 0-500KVA
12.6.2 500-1000 KVA
12.6.3 1000-2000 KVA
12.6.4 Above2000 KVA
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 Urban Power Grid
12.10.2 Transportation
12.10.3 Industry
12.10.4 Energy and Smelting
12.10.5 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 0-500KVA
13.6.2 500-1000 KVA
13.6.3 1000-2000 KVA
13.6.4 Above2000 KVA
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 Urban Power Grid
13.10.2 Transportation
13.10.3 Industry
13.10.4 Energy and Smelting
13.10.5 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 Cast Resin Transformers Market: Competitive Dashboard
14.2 Global Cast Resin Transformers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Siemens
14.3.3 Schneider Electric
14.3.4 GE
14.3.5 JSHP Transformer
14.3.6 TBEA
14.3.7 Legrand
14.3.8 SGB-SMIT Group
14.3.9 TOSHIBA
14.3.10 Fuji Electric
14.3.11 Jinpan International
14.3.12 WEG
14.3.13 Efacec
14.3.14 Sunten Electric
14.3.15 Hyosung Heavy Industries
14.3.16 Jinshanmen
14.3.17 Imefy
14.3.18 Hammond Power Solutions
14.3.19 Hitachi
14.3.20 Voltamp Transformers