Market Overview:
The global SF6 gas insulated 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 across the globe. In addition, growing awareness about energy efficiency is also contributing to the growth of this market. The medium voltage (up to 72.5 kV) segment is expected to account for the largest share of the global SF6 gas insulated transformer market in 2018, followed by high voltage (72.5 kV-220 kV) and extra high voltage (above 220 kV) segments.
Product Definition:
A SF6 Gas Insulated Transformer is a transformer where the windings and core are insulated from each other by a gas-tight enclosure filled with sulfur hexafluoride (SF6) gas. The advantage of using SF6 gas instead of oil or air as an insulation medium is that it has a much higher dielectric strength than either oil or air. This means that it can support a higher voltage between the windings and the core, which results in smaller, lighter, and more efficient transformers.
Medium Voltage (Up to 72.5 kV):
The medium voltage (MV) segment includes products up to 72.5 kV. It is expected to grow at a CAGR of XX% over the forecast period owing to its usage in SF6 gas insulated transformer, which has high demand from data centers and telecommunication sector due to its low cost and efficient power factor.
High Voltage (72.5 kV to 220 kV):
High voltage (72.5 kV to 220 kV) is a range of electric supply that is greater than the standard voltage and less than or equal to the high-voltage electricity supply. It plays an important role in SF6 gas insulated transformer market owing to its ability to deliver large amounts of power over long distances with low loss of energy.
Application Insights:
The utility application segment accounted for the largest share of over 50% in 2017. The segment is projected to witness significant growth on account of rising demand for power transmission and distribution systems in various regions, including North America and Europe. Increasing urbanization, industrialization and infrastructure development across the globe are further expected to drive the utility application segment over the forecast period.
SF6 gas insulated transformer provides reliable protection against high-frequency noise & voltage fluctuations that may occur due to lightning or other causes. These products are used as a protective device between primary electrical equipment and secondary equipment operating at higher frequencies owing to its low loss properties makes it suitable for use as a protective device between primary electrical equipment operating at 60 hertz (Hz) or more and secondary devices operating at lower frequencies below 40 hertz (Hz).
Regional Analysis:
Asia Pacific regional market accounted for the largest share of over 40% in 2017. The region is expected to witness significant growth rate of 7.6% from 2018 to 2030 owing to increasing demand for transformers in industrial and commercial applications, especially in developing countries such as China and India.
The growing manufacturing sector coupled with the rising requirement for power distribution across a large area is anticipated to drive the transformer market over the forecast period. In addition, rapid urbanization has resulted in an increased need for power distribution across a large area which will further propel product demand during the forecast period.
North America was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Rapid urbanization and development of smart cities
- Implementation of stringent environmental regulations for power sector by governments
- Development of new technologies for high-voltage transmission and distribution networks
- Growing investments in renewable energy sources
Scope Of The Report
Report Attributes
Report Details
Report Title
SF6 Gas Insulated Transformer Market Research Report
By Type
Medium Voltage (Up to 72.5 kV), High Voltage (72.5 kV to 220 kV), Extra High Voltage (Above 220 kV)
By Application
Utility, Industrial, Commercial
By Companies
Toshiba, Mitsubishi Electric, Siemens, ABB, GE, Arteche, Meidensha, Hyosung, Fuji Electric, Nissan Electric, Toshiba, Takaoka Toko, Yangzhou Power Electric, Kharkovenergopribor
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global SF6 Gas Insulated Transformer Market Report Segments:
The global SF6 Gas Insulated Transformer market is segmented on the basis of:
Types
Medium Voltage (Up to 72.5 kV), High Voltage (72.5 kV to 220 kV), Extra High Voltage (Above 220 kV)
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
Utility, Industrial, Commercial
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:
- Toshiba
- Mitsubishi Electric
- Siemens
- ABB
- GE
- Arteche
- Meidensha
- Hyosung
- Fuji Electric
- Nissan Electric
- Toshiba
- Takaoka Toko
- Yangzhou Power Electric
- Kharkovenergopribor
Highlights of The SF6 Gas Insulated 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:
- Medium Voltage (Up to 72.5 kV)
- High Voltage (72.5 kV to 220 kV)
- Extra High Voltage (Above 220 kV)
- By Application:
- Utility
- Industrial
- Commercial
- 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 SF6 Gas Insulated 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
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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?
A SF6 gas insulated transformer is a type of electrical transformer that uses SF6 gas as the primary insulation material. This type of transformer is used to protect high-voltage equipment from damage caused by lightning strikes.
Some of the major players in the sf6 gas insulated transformer market are Toshiba, Mitsubishi Electric, Siemens, ABB, GE, Arteche, Meidensha, Hyosung, Fuji Electric, Nissan Electric, Toshiba, Takaoka Toko, Yangzhou Power Electric, Kharkovenergopribor.
The sf6 gas insulated 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 SF6 Gas Insulated 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 SF6 Gas Insulated Transformer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 SF6 Gas Insulated 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 SF6 Gas Insulated 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 SF6 Gas Insulated Transformer Market Size & Forecast, 2018-2028
4.5.1 SF6 Gas Insulated Transformer Market Size and Y-o-Y Growth
4.5.2 SF6 Gas Insulated Transformer Market Absolute $ Opportunity
Chapter 5 Global SF6 Gas Insulated Transformer 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 SF6 Gas Insulated Transformer Market Size Forecast by Type
5.2.1 Medium Voltage (Up to 72.5 kV)
5.2.2 High Voltage (72.5 kV to 220 kV)
5.2.3 Extra High Voltage (Above 220 kV)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global SF6 Gas Insulated Transformer 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 SF6 Gas Insulated Transformer Market Size Forecast by Applications
6.2.1 Utility
6.2.2 Industrial
6.2.3 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global SF6 Gas Insulated 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 SF6 Gas Insulated 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 SF6 Gas Insulated Transformer Analysis and Forecast
9.1 Introduction
9.2 North America SF6 Gas Insulated Transformer 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 SF6 Gas Insulated Transformer Market Size Forecast by Type
9.6.1 Medium Voltage (Up to 72.5 kV)
9.6.2 High Voltage (72.5 kV to 220 kV)
9.6.3 Extra High Voltage (Above 220 kV)
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 SF6 Gas Insulated Transformer Market Size Forecast by Applications
9.10.1 Utility
9.10.2 Industrial
9.10.3 Commercial
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 SF6 Gas Insulated Transformer Analysis and Forecast
10.1 Introduction
10.2 Europe SF6 Gas Insulated Transformer 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 SF6 Gas Insulated Transformer Market Size Forecast by Type
10.6.1 Medium Voltage (Up to 72.5 kV)
10.6.2 High Voltage (72.5 kV to 220 kV)
10.6.3 Extra High Voltage (Above 220 kV)
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 SF6 Gas Insulated Transformer Market Size Forecast by Applications
10.10.1 Utility
10.10.2 Industrial
10.10.3 Commercial
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 SF6 Gas Insulated Transformer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific SF6 Gas Insulated Transformer 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 SF6 Gas Insulated Transformer Market Size Forecast by Type
11.6.1 Medium Voltage (Up to 72.5 kV)
11.6.2 High Voltage (72.5 kV to 220 kV)
11.6.3 Extra High Voltage (Above 220 kV)
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 SF6 Gas Insulated Transformer Market Size Forecast by Applications
11.10.1 Utility
11.10.2 Industrial
11.10.3 Commercial
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 SF6 Gas Insulated Transformer Analysis and Forecast
12.1 Introduction
12.2 Latin America SF6 Gas Insulated Transformer 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 SF6 Gas Insulated Transformer Market Size Forecast by Type
12.6.1 Medium Voltage (Up to 72.5 kV)
12.6.2 High Voltage (72.5 kV to 220 kV)
12.6.3 Extra High Voltage (Above 220 kV)
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 SF6 Gas Insulated Transformer Market Size Forecast by Applications
12.10.1 Utility
12.10.2 Industrial
12.10.3 Commercial
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) SF6 Gas Insulated Transformer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) SF6 Gas Insulated Transformer 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) SF6 Gas Insulated Transformer Market Size Forecast by Type
13.6.1 Medium Voltage (Up to 72.5 kV)
13.6.2 High Voltage (72.5 kV to 220 kV)
13.6.3 Extra High Voltage (Above 220 kV)
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) SF6 Gas Insulated Transformer Market Size Forecast by Applications
13.10.1 Utility
13.10.2 Industrial
13.10.3 Commercial
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 SF6 Gas Insulated Transformer Market: Competitive Dashboard
14.2 Global SF6 Gas Insulated Transformer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toshiba
14.3.2 Mitsubishi Electric
14.3.3 Siemens
14.3.4 ABB
14.3.5 GE
14.3.6 Arteche
14.3.7 Meidensha
14.3.8 Hyosung
14.3.9 Fuji Electric
14.3.10 Nissan Electric
14.3.11 Toshiba
14.3.12 Takaoka Toko
14.3.13 Yangzhou Power Electric
14.3.14 Kharkovenergopribor
