Market Overview:
The global single-phase 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 single-phase transformers in various applications, such as electronic equipment, street lamps, and others. Additionally, the growing demand for energy-efficient products is also contributing to the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rising industrialization and urbanization in countries such as China and India.
Product Definition:
A transformer is an electrical device that transfers electrical energy from one circuit to another through inductively coupled conductors—the transformer's coils. A single-phase transformer has two sets of coils, each connected to a different phase of the supply voltage. The primary coil is connected to the first (line) phase, and the secondary coil is connected to the second (load) phase. Single-phase transformers are used in a wide variety of applications, including power distribution, motor starting, and lighting.
220V:
Single-phase transformers are designed to step up (increase) or step down (decrease) the voltage levels of an electric power supply. The primary side of a single-phase transformer is connected to the source of electrical power, and the secondary side is connected to equipment that requires a higher/lower voltage level.
The 220V means that it can handle 22000 times more electricity than 120V; i.e.
240V:
The 240V is a type of voltage that is used in power transformers to step up or step down the voltage levels. The transformer has two main windings, which are connected by a secondary winding having the same number of turns as the primary side (240) windings. It can be represented by “X” shape where X representsPrimary and Y representsSecondary. In single-phase transformer, there are only two wires; they represent both phases (1 & 3).
Application Insights:
Electronic equipment was the largest application segment in 2016 and accounted for a revenue share of over 40%. The growth can be attributed to the growing demand for electronic devices across the globe. Single-phase transformers are used as an intermediate step in manufacturing semiconductors, which is one of the major reasons behind their high demand.
Single-phase transformers are also used extensively in street lamps as they provide stable power supply and efficient lighting without using much energy. Moreover, these products have low maintenance costs and consume little space, which makes them ideal for installation at street corners or alleys. Other applications include data centers, industrial machinery & equipment manufacturing, medical equipment & supplies (equipment), HVAC (heating ventilation air conditioning) systems among others.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for electricity in countries, such as China and India. In 2016, Asia Pacific accounted for a share of more than 30% of global transformer manufacturing capacity. Furthermore, rising investments in infrastructure development are expected to drive product demand over the coming years.
North America held a significant share of global revenue in 2017 owing to high usage rates of electronic products and street lamps across U.S.
Growth Factors:
- Increasing demand for single-phase transformers from the industrial sector on account of growing industrialization and urbanization.
- Rising investments in renewable energy projects, which is expected to create demand for single-phase transformers in the near future.
- Growing awareness about energy efficiency and its benefits is likely to propel the growth of the market over the forecast period.
- Technological advancements in transformer manufacturing are projected to provide lucrative opportunities for market players in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Single-Phase Transformer Market Research Report
By Type
220V, 240V, 380V, Other
By Application
Electronic Equipment, Street Lamp, Other
By Companies
HAHN - Elektrobau, Hammond, HSGM, MURRELEKTRONIK, Shanghai Delixi Group Co., Ltd, Shenzhen Sikes Electric Co., Ltd, Sichuan Chongzhou Hengda Electronic Factory, Acme Electric, Block Transformatoren-Elektronik, Boardman Transformers, HAHN - Elektrobau, ELSPRO Elektrotechnik, ERC Highlight Srl
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Single-Phase Transformer Market Report Segments:
The global Single-Phase Transformer market is segmented on the basis of:
Types
220V, 240V, 380V, Other
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
Electronic Equipment, Street Lamp, Other
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:
- HAHN - Elektrobau
- Hammond
- HSGM
- MURRELEKTRONIK
- Shanghai Delixi Group Co., Ltd
- Shenzhen Sikes Electric Co., Ltd
- Sichuan Chongzhou Hengda Electronic Factory
- Acme Electric
- Block Transformatoren-Elektronik
- Boardman Transformers
- HAHN - Elektrobau
- ELSPRO Elektrotechnik
- ERC Highlight Srl
Highlights of The 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:
- 220V
- 240V
- 380V
- Other
- By Application:
- Electronic Equipment
- Street Lamp
- Other
- 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 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.
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?
A single-phase transformer is a device that converts alternating current (AC) into direct current (DC).
Some of the major companies in the single-phase transformer market are HAHN - Elektrobau, Hammond, HSGM, MURRELEKTRONIK, Shanghai Delixi Group Co., Ltd, Shenzhen Sikes Electric Co., Ltd, Sichuan Chongzhou Hengda Electronic Factory, Acme Electric, Block Transformatoren-Elektronik, Boardman Transformers, HAHN - Elektrobau, ELSPRO Elektrotechnik, ERC Highlight Srl.
The 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 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 Single-Phase Transformer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 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 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 Single-Phase Transformer Market Size & Forecast, 2020-2028
4.5.1 Single-Phase Transformer Market Size and Y-o-Y Growth
4.5.2 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 220V
5.2.2 240V
5.2.3 380V
5.2.4 Other
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 Electronic Equipment
6.2.2 Street Lamp
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 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 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 220V
9.6.2 240V
9.6.3 380V
9.6.4 Other
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 Electronic Equipment
9.10.2 Street Lamp
9.10.3 Other
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 220V
10.6.2 240V
10.6.3 380V
10.6.4 Other
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 Electronic Equipment
10.10.2 Street Lamp
10.10.3 Other
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 220V
11.6.2 240V
11.6.3 380V
11.6.4 Other
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 Electronic Equipment
11.10.2 Street Lamp
11.10.3 Other
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 220V
12.6.2 240V
12.6.3 380V
12.6.4 Other
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 Electronic Equipment
12.10.2 Street Lamp
12.10.3 Other
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 220V
13.6.2 240V
13.6.3 380V
13.6.4 Other
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 Electronic Equipment
13.10.2 Street Lamp
13.10.3 Other
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 Single-Phase Transformer Market: Competitive Dashboard
14.2 Global Single-Phase Transformer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HAHN - Elektrobau
14.3.2 Hammond
14.3.3 HSGM
14.3.4 MURRELEKTRONIK
14.3.5 Shanghai Delixi Group Co., Ltd
14.3.6 Shenzhen Sikes Electric Co., Ltd
14.3.7 Sichuan Chongzhou Hengda Electronic Factory
14.3.8 Acme Electric
14.3.9 Block Transformatoren-Elektronik
14.3.10 Boardman Transformers
14.3.11 HAHN - Elektrobau
14.3.12 ELSPRO Elektrotechnik
14.3.13 ERC Highlight Srl
