Market Overview:
The global laminated power 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 supplies across the globe. Additionally, the growing adoption of LED lighting systems is also contributing to the growth of this market. Based on type, the global laminated power transformers market can be segmented into single-phase and three-phase transformers. The three-phase transformer segment is expected to account for a larger share of this market in 2018.
Product Definition:
A laminated power transformer is a transformer that has been constructed by stacking thin sheets of magnetic material, typically steel, one on top of the other. This creates a transformer with a high level of insulation between the primary and secondary windings. This improved insulation helps to prevent electrical arcing and short circuits from occurring between the two windings. Laminated power transformers are commonly used in industrial applications where safety is a concern.
Single-phase:
Single-phase transformers are used to convert the Alternating Current (AC) to Single-Phase current. These products have a high power factor and low core loss, which makes them suitable for applications in commercial buildings, residential buildings, industries and other sectors.
The single-phase segment is expected to grow at a CAGR of XX% from 2018 - 2025 owing to its rising usage in emerging economies such as India and China.
Three-phase:
Three-phase power is a method of providing an electric supply where there are three distinct phases, namely a high voltage ( typically above 230kV), medium voltage ( typically between 33kV and 230kV) and low voltage ( typically below 33.1 kV). The three phases are used to provide different voltages with different frequencies which can be used to power various equipment such as air conditioners, refrigerators, water pumps etc.
Application Insights:
The lighting systems segment accounted for the largest share of over 30.0% in 2017 and is projected to witness significant growth during the forecast period. The growing construction industry across various developing countries, such as India, China and Thailand is expected to drive demand for laminated power transformers in lighting systems over the forecast period.
The military and commercial UPS systems application segment was valued over USD 1 billion in 2017 owing to increasing investments by governments across the world towards enhancing infrastructure facilities, including communication networks and electrical grids. Growing concerns regarding cyber-attacks on critical national infrastructure are further anticipated to boost investments from governments resulting in an increased requirement of laminates for power transformer applications within military bases or large commercial buildings.
Regional Analysis:
Asia Pacific accounted for the largest share of over 40% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand from developing countries such as China and India. In addition, rising investments by foreign players in this region are likely to boost market growth during the forecast period. For instance, Siemens Gamesa Renewable Energy has invested around USD X million for setting up a manufacturing plant in China with an annual production capacity of 1 GW dedicated towards producing laminated solar panels.
Europe is anticipated to expand at a CAGR of XX% from 2018 to 2030 owing to growing adoption across military and commercial sectors especially across European countries including Germany, Spain, Italy and others which have high penetration rate regarding laminated power transformers usage within their buildings or infrastructure projects such as airports or sports stadiums etc.). Furthermore, increasing government funding along with favorable regulations aimed towards energy efficiency improvement are projectededto drive industry expansion over the coming years.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid urbanization and electrification in developing countries
- Stringent government regulations for energy efficiency in developed countries
- Technological advancements that improve the performance of power transformers
- Rising prices of crude oil, which increases the cost of producing electricity
Scope Of The Report
Report Attributes
Report Details
Report Title
Laminated Power Transformers Market Research Report
By Type
Single-phase, Three-phase
By Application
Lighting Systems, Military and Commercial UPS Systems, Power Supplies, Others
By Companies
API Technologies, Leicong Industrial Co., Tempel, MYRRA, Murata Power, TDK Corporation, Custom Transformers Ltd, Tamura, Payton, GS Transformers, Acme Electric
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Laminated Power Transformers Market Report Segments:
The global Laminated Power Transformers market is segmented on the basis of:
Types
Single-phase, Three-phase
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
Lighting Systems, Military and Commercial UPS Systems, Power Supplies, 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:
- API Technologies
- Leicong Industrial Co.
- Tempel
- MYRRA
- Murata Power
- TDK Corporation
- Custom Transformers Ltd
- Tamura
- Payton
- GS Transformers
- Acme Electric
Highlights of The Laminated 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:
- Single-phase
- Three-phase
- By Application:
- Lighting Systems
- Military and Commercial UPS Systems
- Power Supplies
- 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 Laminated 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
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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?
Laminated power Transformers are a type of transformer that have multiple layers of metal foil laminate. This allows for more efficient use of energy and longer life.
Some of the major players in the laminated power transformers market are API Technologies, Leicong Industrial Co., Tempel, MYRRA, Murata Power, TDK Corporation, Custom Transformers Ltd, Tamura, Payton, GS Transformers, Acme Electric.
The laminated power 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 Laminated 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 Laminated Power Transformers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laminated 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 Laminated 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 Laminated Power Transformers Market Size & Forecast, 2020-2028
4.5.1 Laminated Power Transformers Market Size and Y-o-Y Growth
4.5.2 Laminated 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 Single-phase
5.2.2 Three-phase
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 Lighting Systems
6.2.2 Military and Commercial UPS Systems
6.2.3 Power Supplies
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laminated 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 Laminated 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 Single-phase
9.6.2 Three-phase
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 Lighting Systems
9.10.2 Military and Commercial UPS Systems
9.10.3 Power Supplies
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 Single-phase
10.6.2 Three-phase
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 Lighting Systems
10.10.2 Military and Commercial UPS Systems
10.10.3 Power Supplies
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 Single-phase
11.6.2 Three-phase
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 Lighting Systems
11.10.2 Military and Commercial UPS Systems
11.10.3 Power Supplies
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 Single-phase
12.6.2 Three-phase
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 Lighting Systems
12.10.2 Military and Commercial UPS Systems
12.10.3 Power Supplies
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 Single-phase
13.6.2 Three-phase
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 Lighting Systems
13.10.2 Military and Commercial UPS Systems
13.10.3 Power Supplies
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 Laminated Power Transformers Market: Competitive Dashboard
14.2 Global Laminated Power Transformers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 API Technologies
14.3.2 Leicong Industrial Co.
14.3.3 Tempel
14.3.4 MYRRA
14.3.5 Murata Power
14.3.6 TDK Corporation
14.3.7 Custom Transformers Ltd
14.3.8 Tamura
14.3.9 Payton
14.3.10 GS Transformers
14.3.11 Acme Electric
