Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Oil Filled Electrical Transformer Market by Type (Closed, Shell), By Application (Residential & Commercial, Utility, Industrial) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Oil Filled Electrical Transformer Market by Type (Closed, Shell), By Application (Residential & Commercial, Utility, Industrial) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 306134 4200 Machinery & Equipment 377 223 Pages 4.5 (50)
                                          

Market Overview:


The global oil filled electrical transformer 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 electricity and rising investments in power infrastructure. In addition, the growing adoption of smart grids is also contributing to the growth of the market. The oil filled electrical transformer market can be segmented by type, application, and region. By type, the market can be divided into closed transformers and shell transformers. Closed transformers are more popular than shell transformers and are expected to witness higher growth during the forecast period. By application, the market can be classified into residential & commercial, utility, and industrial applications. The industrial segment is expected to grow at a higher rate duringthe forecast period owingto rising investments in power infrastructure across developing countries such as Chinaand India .By region ,themarketcanbe segmentedinto North America , Latin America Europe Asia Pacific ,and Middle East & Africa .


Global Oil Filled Electrical Transformer Industry Outlook


Product Definition:


An oil-filled electrical transformer is a transformer that uses an insulating oil as the primary dielectric. The use of oil allows higher voltages to be Transferred with less risk of electric shock. Oil-filled transformers are used in high voltage applications such as power transmission and distribution.


Closed:


Closed circuit is a type of electrical transformer where the secondary side of the transformer has no connections to external circuits. The primary side of closed circuit consists of two conductors, which are connected by a magnetic field. This magnetic field induces electricity in the windings thus creating an electric current in the secondary side.


The major factor that propels growth for closed circuit oil filled electrical transformer market includes growing demand from end-use industries such as construction.


Shell:


Shell is the outermost layer of an electrical transformer. It ensures that electric fields within a safe distance from the core of an electrical transformer do not exceed authorized limits. Shells are made up of non-metallic materials such as aluminum and plastic, which provide high resistance to magnetic fields and low permeability to electric currents near the surface.


Application Insights:


The utility application segment led the global oil filled electrical transformer market in 2017. The segment is projected to witness significant growth over the forecast period owing to rising demand for power supply across residential and commercial areas. Rapid urbanization coupled with increasing industrialization has resulted in an increased demand for electricity, which is anticipated to propel product demand over the coming years.


The residential & commercial sector emerged as a major consumer of energy due to growing infrastructural developments including hospitals, schools and colleges along with an increase in household appliances such as refrigerators and washing machines that consume large amounts of electricity. This trend is expected to drive product consumption over the forecast period since most transformers are designed for continuous operation even at high ambient temperatures which makes them ideal products for use in this sector.


Regional Analysis:


North America was the largest regional market in 2017 owing to the presence of a large number of oil and gas reserves in the U.S. The region is expected to maintain its dominance over the forecast period due to increasing demand for transformers from various end-use sectors, such as industrial, commercial, and utility applications. Moreover, growing investments by major players in research & development activities are likely to boost product demand over the coming years.


Asia Pacific is estimated to be one of fastest-growing regions during 2018 - 2030 due to rapid urbanization coupled with increased energy requirements resulting from population growth and rising standards of living across emerging economies including China.


Growth Factors:


  • Increasing demand from end-use industries: The global oil filled electrical transformer market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from end-use industries such as power generation, transportation, and telecommunication.
  • Growing investments in renewable energy: The growth of the oil filled electrical transformer market is also attributed to the increasing investments in renewable energy sources such as solar and wind power across the globe. This is because these sources are environment-friendly and help reduce greenhouse gas emissions.
  • Rising concerns over grid security: There has been a rise in concerns over grid security due to frequent cyber attacks on electricity grids across different countries in recent years. This has led to an increase in investments by governments and private players for strengthening grid infrastructure, which is expected to drive the growth of the oil filled electrical transformer market during the forecast period.

Scope Of The Report

Report Attributes

Report Details

Report Title

Oil Filled Electrical Transformer Market Research Report

By Type

Closed, Shell

By Application

Residential & Commercial, Utility, Industrial

By Companies

ABB, General Electric, Siemens, LSIS, Eaton Corporation, Celme, Ormazabal, Schneider Electric, Elsewedy Electric, Toshiba Corporation

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

223

Number of Tables & Figures

157

Customization Available

Yes, the report can be customized as per your need.


Global Oil Filled Electrical Transformer Market Report Segments:

The global Oil Filled Electrical Transformer market is segmented on the basis of:

Types

Closed, Shell

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

Residential & Commercial, Utility, Industrial

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:

  1. ABB
  2. General Electric
  3. Siemens
  4. LSIS
  5. Eaton Corporation
  6. Celme
  7. Ormazabal
  8. Schneider Electric
  9. Elsewedy Electric
  10. Toshiba Corporation

Global Oil Filled Electrical Transformer Market Overview


Highlights of The Oil Filled Electrical Transformer Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Closed
    2. Shell
  1. By Application:

    1. Residential & Commercial
    2. Utility
    3. Industrial
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Oil Filled Electrical 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.

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

Global Oil Filled Electrical Transformer Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


An oil-filled electrical transformer is a type of electrical transformer that uses oil as the primary fluid. The oil helps to reduce heat buildup and makes the transformer more reliable.

Some of the major players in the oil filled electrical transformer market are ABB, General Electric, Siemens, LSIS, Eaton Corporation, Celme, Ormazabal, Schneider Electric, Elsewedy Electric, Toshiba Corporation.

The oil filled electrical transformer 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 Oil Filled Electrical 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 Oil Filled Electrical Transformer Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Oil Filled Electrical 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 Oil Filled Electrical 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 Oil Filled Electrical Transformer Market Size & Forecast, 2020-2028       4.5.1 Oil Filled Electrical Transformer Market Size and Y-o-Y Growth       4.5.2 Oil Filled Electrical 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 Closed
      5.2.2 Shell
   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 Residential & Commercial
      6.2.2 Utility
      6.2.3 Industrial
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Oil Filled Electrical 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 Oil Filled Electrical 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 Closed
      9.6.2 Shell
   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 Residential & Commercial
      9.10.2 Utility
      9.10.3 Industrial
   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 Closed
      10.6.2 Shell
   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 Residential & Commercial
      10.10.2 Utility
      10.10.3 Industrial
   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 Closed
      11.6.2 Shell
   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 Residential & Commercial
      11.10.2 Utility
      11.10.3 Industrial
   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 Closed
      12.6.2 Shell
   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 Residential & Commercial
      12.10.2 Utility
      12.10.3 Industrial
   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 Closed
      13.6.2 Shell
   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 Residential & Commercial
      13.10.2 Utility
      13.10.3 Industrial
   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 Oil Filled Electrical Transformer Market: Competitive Dashboard
   14.2 Global Oil Filled Electrical Transformer Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 ABB
      14.3.2 General Electric
      14.3.3 Siemens
      14.3.4 LSIS
      14.3.5 Eaton Corporation
      14.3.6 Celme
      14.3.7 Ormazabal
      14.3.8 Schneider Electric
      14.3.9 Elsewedy Electric
      14.3.10 Toshiba Corporation

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