Market Overview:
The global single phase transformers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for single phase transformers from commercial and industrial applications, across the globe. In terms of type, the low frequency segment is expected to lead the global single phase transformer market during the forecast period, followed by intermediate frequency and high frequency segments.
Product Definition:
A transformer is a static device that uses electromagnetic induction to convert electrical energy from one circuit to another. Single-phase transformers are used to change the voltage of alternating current (AC) electricity. They are important because they can step up or step down voltages, making it possible to use different voltages in different parts of a single electrical system.
Low Frequency:
Low frequency is the vibration of electrical conductors at or below 50 hertz. Low frequency AC current flows through high resistance copper wire because of its low electric field strength. The power line carrier has a low enough average power to light up an incandescent light bulb and this type of current is used for lighting purposes only.
The rise in demand for electricity, especially in developing countries like India, China.
Intermediate Frequency:
Intermediate frequency is the middle band of a three-band electrical filter. It has a range between 1 to 50 MHz and its typical application is in power filters, phase-shifting, radiofrequency interference (RFI) suppression and active noise cancellation. The IGBT technology uses an intermediate frequency to monitor itself for self-healing properties; this property makes it more efficient than traditional devices that use high or low frequencies for the same purpose.
Application Insights:
The industrial segment dominated the global single phase transformers market in 2017. This can be attributed to increasing demand for electrical & electronics products from various end-use industries, such as consumer electronics, telecommunication and medical equipment. The commercial application segment is expected to witness a high growth rate over the forecast period owing to rising construction activities across developing countries, such as India and China. These factors are likely to result in increased product demand from 2018 to 2030.
Single phase transformers are used for power distribution in commercial buildings and industrial plants on an installation basis that meets specific requirements of voltage & current density respectively per region or country where they will be installed.
Regional Analysis:
Asia Pacific is expected to be the largest as well as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and rising commercial & residential infrastructure spending in developing countries, such as China and India. In addition, growing demand for electricity in rural areas coupled with steady urbanization will drive industry expansion over the next eight years.
The Middle East & Africa is anticipated to witness significant growth during the forecast period owing to rapid development of its oil & gas sector along with other industries across countries such as Saudi Arabia and Qatar. Furthermore, large investments being made by various governments for expanding power capacities are likely to have a positive impact on industry expansion over the coming years.
Growth Factors:
- Increasing demand for single phase transformers from the industrial sector
- Growing investments in power infrastructure projects
- Rising demand for energy-efficient and compact single phase transformers
- Technological advancements in transformer manufacturing process
- Growing awareness about benefits of using single phase transformers
Scope Of The Report
Report Attributes
Report Details
Report Title
Single Phase Transformers Market Research Report
By Type
Low Frequency, Intermediate Frequency, High Frequency
By Application
Commercial, Industrial
By Companies
Majestic Transformer Co. (Mfg.), Radwell International (Dist., Svc.), Radwell International (Dist., Svc.), Abbott Technologies, Inc. (Mfg.), Schneider Electric (Mfg., Svc.), Majestic Transformer Co. (Mfg.)
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Single Phase Transformers Market Report Segments:
The global Single Phase Transformers market is segmented on the basis of:
Types
Low Frequency, Intermediate Frequency, High Frequency
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
Commercial, 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:
- Majestic Transformer Co. (Mfg.)
- Radwell International (Dist., Svc.)
- Radwell International (Dist., Svc.)
- Abbott Technologies, Inc. (Mfg.)
- Schneider Electric (Mfg., Svc.)
- Majestic Transformer Co. (Mfg.)
Highlights of The Single Phase 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:
- Low Frequency
- Intermediate Frequency
- High Frequency
- By Application:
- Commercial
- Industrial
- 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 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
- 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?
Single phase transformers are used to change the voltage of an AC power source from 120 volts to 240 volts.
Some of the key players operating in the single phase transformers market are Majestic Transformer Co. (Mfg.), Radwell International (Dist., Svc.), Radwell International (Dist., Svc.), Abbott Technologies, Inc. (Mfg.), Schneider Electric (Mfg., Svc.), Majestic Transformer Co. (Mfg.).
The single phase 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 Single Phase 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 Single Phase Transformers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Single Phase 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 Single Phase 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 Single Phase Transformers Market Size & Forecast, 2020-2028
4.5.1 Single Phase Transformers Market Size and Y-o-Y Growth
4.5.2 Single Phase 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 Low Frequency
5.2.2 Intermediate Frequency
5.2.3 High Frequency
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 Commercial
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single Phase 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 Single Phase 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 Low Frequency
9.6.2 Intermediate Frequency
9.6.3 High Frequency
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 Commercial
9.10.2 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 Low Frequency
10.6.2 Intermediate Frequency
10.6.3 High Frequency
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 Commercial
10.10.2 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 Low Frequency
11.6.2 Intermediate Frequency
11.6.3 High Frequency
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 Commercial
11.10.2 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 Low Frequency
12.6.2 Intermediate Frequency
12.6.3 High Frequency
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 Commercial
12.10.2 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 Low Frequency
13.6.2 Intermediate Frequency
13.6.3 High Frequency
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 Commercial
13.10.2 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 Single Phase Transformers Market: Competitive Dashboard
14.2 Global Single Phase Transformers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Majestic Transformer Co. (Mfg.)
14.3.2 Radwell International (Dist., Svc.)
14.3.3 Radwell International (Dist., Svc.)
14.3.4 Abbott Technologies, Inc. (Mfg.)
14.3.5 Schneider Electric (Mfg., Svc.)
14.3.6 Majestic Transformer Co. (Mfg.)
