Market Overview:
The global industrial control single phase transformer 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 power generation, oil & gas, chemical, metal & mining (iron, steel and aluminum), and other applications across the globe. In addition, growing investments in smart grid infrastructure are also expected to drive the growth of this market during the forecast period. Based on type, the global industrial control single phase transformer market is segmented into 25-500 VA, 500-1,000 VA 1 000-1 500 VA and above 1 500 VA segments. The 25-500VA segment is projected to account for a major share of the global industrial control single phase transformer market in 2018 owing to its low cost and easy installation.
Product Definition:
An industrial control single phase transformer is an electrical device that is used to convert high voltage AC electricity into low voltage AC electricity. This type of transformer is typically used in industrial settings to provide power to machines and equipment.
25-500 VA:
Industrial Control Single Phase Transformer is used to step up or step down the voltage levels of an electric supply. It has applications in HVAC, security systems, and process control system. The increasing demand for smart grid technology is expected to drive the growth of industrial control single phase transformer market over the forecast period.
The growing need for automation in industries such as power generation, oil & gas.
500-1,000 VA:
500-1,000VA is a power rating that refers to the capacity of an electrical transformer. It is used in industrial control single phase transformer market for power supply application. 500-1,000VA Transformer can provide short circuit and overload protection along with efficient current distribution at low cost and weight.
500-1,000VA Transformer are widely used in HVAC applications such as heating ventilation.
Application Insights:
The power generation segment dominated the global industrial control single phase transformer market in terms of revenue in 2017. The growth can be attributed to increasing demand for electricity from manufacturing, commercial, and residential sectors. Single-phase transformers are used to step up the low voltage (V) power supply for use by multiple machines or equipment within a factory floor. These are also used as protection devices during abnormal conditions such as short circuit or overloading that may lead to electric shocks or fire hazards.
The oil & gas industry is anticipated to emerge as one of the prominent end users of ICTs due to its critical nature and need for automation across all processes involved in drilling operations including well completions, production management, flow management etc., Furthermore; rising demand for crude oil from various regions including Middle East countries will further boost product usage over the forecast period driving segment growth.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments, rising disposable income, and expanding industrial sector. China is anticipated to dominate Asia Pacific owing to its large-scale manufacturing base in several industries including power generation, oil & gas, construction materials among others.
The Middle East & Africa (MEA) region accounted for a small share of global revenue in 2017 owing to lack of infrastructure development coupled with low awareness regarding transformer maintenance and replacement practices within end-users’ organizations. However; rapid developments along with growing adoption across various sectors such as oil & gas are estimated to boost demand for transformers over the coming years in MEA countries such as Saudi Arabia and UAE among other Gulf Cooperation Council (GCC) states.
Growth Factors:
- Increasing demand for industrial control single phase transformer in the developing countries owing to the growth of their manufacturing sector.
- Growing awareness about energy efficiency and its benefits is resulting in an increase in demand for industrial control single phase transformer across different industries.
- Rising investments by governments and private players in infrastructure development is expected to create opportunities for the growth of industrial control single phase transformer market over the forecast period.
- Technological advancements that have led to the development of more efficient and compact transformers are projected to fuel market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Control Single Phase Transformer Market Research Report
By Type
25-500 VA, 500-1,000 VA, 1,000-1,500 VA, Above 1,500 VA
By Application
Power Generation, Oil & Gas, Chemical, Metal & Mining (Iron, Steel, and Aluminum), Others
By Companies
ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider (France), GE (US), Hubbell (US), Emerson (US), Rockwell (US), ABB (Switzerland)
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Control Single Phase Transformer Market Report Segments:
The global Industrial Control Single Phase Transformer market is segmented on the basis of:
Types
25-500 VA, 500-1,000 VA, 1,000-1,500 VA, Above 1,500 VA
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 Generation, Oil & Gas, Chemical, Metal & Mining (Iron, Steel, and Aluminum), 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 (Switzerland)
- Siemens (Germany)
- Eaton (Ireland)
- Schneider (France)
- GE (US)
- Hubbell (US)
- Emerson (US)
- Rockwell (US)
- ABB (Switzerland)
Highlights of The Industrial Control Single Phase Transformer 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:
- 25-500 VA
- 500-1,000 VA
- 1,000-1,500 VA
- Above 1,500 VA
- By Application:
- Power Generation
- Oil & Gas
- Chemical
- Metal & Mining (Iron, Steel, and Aluminum)
- 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 Industrial Control Single Phase Transformer 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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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?
An industrial control transformer is a device used to convert alternating current (AC) into direct current (DC).
Some of the major players in the industrial control single phase transformer market are ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider (France), GE (US), Hubbell (US), Emerson (US), Rockwell (US), ABB (Switzerland).
The industrial control single phase transformer 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 Industrial Control Single Phase Transformer 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 Industrial Control Single Phase Transformer Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Industrial Control Single Phase Transformer 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 Industrial Control Single Phase Transformer 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 Industrial Control Single Phase Transformer Market Size & Forecast, 2020-2028 4.5.1 Industrial Control Single Phase Transformer Market Size and Y-o-Y Growth 4.5.2 Industrial Control Single Phase Transformer 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 25-500 VA
5.2.2 500-1
5.2.3 000 VA
5.2.4 1
5.2.5 000-1
5.2.6 500 VA
5.2.7 Above 1
5.2.8 500 VA
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 Power Generation
6.2.2 Oil & Gas
6.2.3 Chemical
6.2.4 Metal & Mining (Iron
6.2.5 Steel
6.2.6 and Aluminum)
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Control Single Phase Transformer 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 Industrial Control Single Phase Transformer 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 25-500 VA
9.6.2 500-1
9.6.3 000 VA
9.6.4 1
9.6.5 000-1
9.6.6 500 VA
9.6.7 Above 1
9.6.8 500 VA
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 Power Generation
9.10.2 Oil & Gas
9.10.3 Chemical
9.10.4 Metal & Mining (Iron
9.10.5 Steel
9.10.6 and Aluminum)
9.10.7 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 25-500 VA
10.6.2 500-1
10.6.3 000 VA
10.6.4 1
10.6.5 000-1
10.6.6 500 VA
10.6.7 Above 1
10.6.8 500 VA
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 Power Generation
10.10.2 Oil & Gas
10.10.3 Chemical
10.10.4 Metal & Mining (Iron
10.10.5 Steel
10.10.6 and Aluminum)
10.10.7 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 25-500 VA
11.6.2 500-1
11.6.3 000 VA
11.6.4 1
11.6.5 000-1
11.6.6 500 VA
11.6.7 Above 1
11.6.8 500 VA
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 Power Generation
11.10.2 Oil & Gas
11.10.3 Chemical
11.10.4 Metal & Mining (Iron
11.10.5 Steel
11.10.6 and Aluminum)
11.10.7 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 25-500 VA
12.6.2 500-1
12.6.3 000 VA
12.6.4 1
12.6.5 000-1
12.6.6 500 VA
12.6.7 Above 1
12.6.8 500 VA
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 Power Generation
12.10.2 Oil & Gas
12.10.3 Chemical
12.10.4 Metal & Mining (Iron
12.10.5 Steel
12.10.6 and Aluminum)
12.10.7 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 25-500 VA
13.6.2 500-1
13.6.3 000 VA
13.6.4 1
13.6.5 000-1
13.6.6 500 VA
13.6.7 Above 1
13.6.8 500 VA
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 Power Generation
13.10.2 Oil & Gas
13.10.3 Chemical
13.10.4 Metal & Mining (Iron
13.10.5 Steel
13.10.6 and Aluminum)
13.10.7 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 Industrial Control Single Phase Transformer Market: Competitive Dashboard
14.2 Global Industrial Control Single Phase Transformer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB (Switzerland)
14.3.2 Siemens (Germany)
14.3.3 Eaton (Ireland)
14.3.4 Schneider (France)
14.3.5 GE (US)
14.3.6 Hubbell (US)
14.3.7 Emerson (US)
14.3.8 Rockwell (US)
14.3.9 ABB (Switzerland)