Market Overview:
The global three-phase isolation 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 three-phase isolation transformers in industrial and mining applications, power stations, high-rise buildings, airports, and others. Asia Pacific is expected to be the fastest growing region during the forecast period.
Product Definition:
A three-phase isolation transformer is a transformer that transfers power between two or more circuits while providing electrical isolation between those circuits. The primary purpose of a three-phase isolation transformer is to provide galvanic insulation (or electrical separation) between its input and output circuits. This prevents the flow of current between the two circuits, which can help protect equipment in sensitive applications from damage caused by stray currents or electromagnetic interference (EMI).
Dry Type Three-phase Isolation Transformer:
The dry type three-phase isolation transformer is a device used to provide electrical power to the connected equipment from an electric utility supply while protecting it from high voltage fluctuations and AC-DC current surges. It consists of a primary winding, a secondary winding, and an isolator core. The primary windings are connected in series with the load; whereas, the secondary windings are connected in parallel with the source of power.
Oil-immersed Three-phase Isolation Transformer:
An Oil-immersed three-phase isolation transformer is a type of switching device used to provide electrical power in an environment where the main power source is not accessible such as offshore oil platforms, ships, and containers. It consists of an oil filled transformer core that allows it to operate at low frequencies and high voltage levels.
Application Insights:
The industrial and mining application segment accounted for the largest revenue share in 2017. This is attributed to growing demand for transformers with high reliability, efficiency, and low maintenance cost across various industries such as oil & gas, power generation, steel manufacturing etc. The increasing use of transformers in coal-fired power stations along with rising environmental concerns regarding air pollution is expected to drive the growth of this segment over the forecast period.
The airport application segment is anticipated to witness significant growth over the forecast period owing to an increase in passenger traffic at airports globally coupled with rising concerns regarding aircraft safety following a crash or near miss situation at airports due to substandard equipment failure or human error. In addition, there has been a rise in government initiatives related to improving airport infrastructure across countries such as China and India which are likely further boost market size by providing opportunities for vendors operating within this space globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing adoption of three-phase isolation transformers in industrial, commercial and residential applications. Rapidly growing manufacturing sector in China and India owing to low labor cost coupled with government support for Make in India initiative is anticipated to drive product demand over the next eight years.
Europe accounted for a significant share of global revenue due to early adoption by several industries such as oil & gas, power generation, mining and others across Europe especially Germany, U.K., France among other Eastern European countries that are highly industrialized compared to other regions within Europe have witnessed high penetration rates owing mainly onshore wind farms installation along with rising offshore wind farms installations across European countries which has led major manufacturers such as Siemens AG; Alstom Grid GmbH; General Electric Co.; Andritz AG & Co.; ABB Ltd.; Enersys Ltd.
Growth Factors:
- Increasing demand for three-phase isolation transformer from the end-use industries such as oil & gas, power generation, and metal fabrication is expected to drive the growth of the market over the forecast period.
- Growing investments in renewable energy projects is another key factor that is anticipated to fuel the demand for three-phase isolation transformer in near future.
- Rising concerns regarding safety and reliability of electrical equipment are projected to propel the growth of Three-Phase Isolation Transformer market during forecast period.
- Technological advancements in Three-Phase Isolation Transformer products are likely to create new opportunities for this market in coming years. 5) Growing awareness about benefits offered by Three Phase Isolation Transformers among end users is also expected to boost its adoption across various industries over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Three-Phase Isolation Transformer Market Research Report
By Type
Dry Type Three-phase Isolation Transformer, Oil-immersed Three-phase Isolation Transformer
By Application
Industrial and Mining, Power Station, High-Rise Buildings, Airport, Others
By Companies
Schneider, Emerson, TEMCo, Warner Power, Agile Magnetics, Hubbell Incorporated, Gamatronic Electronic Industries, Johnson Electric Coil, EREA, Lenco Electronics, Schneider
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Three-Phase Isolation Transformer Market Report Segments:
The global Three-Phase Isolation Transformer market is segmented on the basis of:
Types
Dry Type Three-phase Isolation Transformer, Oil-immersed Three-phase Isolation Transformer
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
Industrial and Mining, Power Station, High-Rise Buildings, Airport, 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:
- Schneider
- Emerson
- TEMCo
- Warner Power
- Agile Magnetics
- Hubbell Incorporated
- Gamatronic Electronic Industries
- Johnson Electric Coil
- EREA
- Lenco Electronics
- Schneider
Highlights of The Three-Phase Isolation 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:
- Dry Type Three-phase Isolation Transformer
- Oil-immersed Three-phase Isolation Transformer
- By Application:
- Industrial and Mining
- Power Station
- High-Rise Buildings
- Airport
- 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 Three-Phase Isolation 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 three-phase isolation transformer is a device used to convert the alternating current (AC) of a power supply into the direct current (DC) needed by an electrical load.
Some of the major companies in the three-phase isolation transformer market are Schneider, Emerson, TEMCo, Warner Power, Agile Magnetics, Hubbell Incorporated, Gamatronic Electronic Industries, Johnson Electric Coil, EREA, Lenco Electronics, Schneider.
The three-phase isolation 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 Three-Phase Isolation 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 Three-Phase Isolation Transformer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Three-Phase Isolation 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 Three-Phase Isolation 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 Three-Phase Isolation Transformer Market Size & Forecast, 2020-2028
4.5.1 Three-Phase Isolation Transformer Market Size and Y-o-Y Growth
4.5.2 Three-Phase Isolation 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 Dry Type Three-phase Isolation Transformer
5.2.2 Oil-immersed Three-phase Isolation Transformer
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 Industrial and Mining
6.2.2 Power Station
6.2.3 High-Rise Buildings
6.2.4 Airport
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Three-Phase Isolation 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 Three-Phase Isolation 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 Dry Type Three-phase Isolation Transformer
9.6.2 Oil-immersed Three-phase Isolation Transformer
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 Industrial and Mining
9.10.2 Power Station
9.10.3 High-Rise Buildings
9.10.4 Airport
9.10.5 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 Dry Type Three-phase Isolation Transformer
10.6.2 Oil-immersed Three-phase Isolation Transformer
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 Industrial and Mining
10.10.2 Power Station
10.10.3 High-Rise Buildings
10.10.4 Airport
10.10.5 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 Dry Type Three-phase Isolation Transformer
11.6.2 Oil-immersed Three-phase Isolation Transformer
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 Industrial and Mining
11.10.2 Power Station
11.10.3 High-Rise Buildings
11.10.4 Airport
11.10.5 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 Dry Type Three-phase Isolation Transformer
12.6.2 Oil-immersed Three-phase Isolation Transformer
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 Industrial and Mining
12.10.2 Power Station
12.10.3 High-Rise Buildings
12.10.4 Airport
12.10.5 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 Dry Type Three-phase Isolation Transformer
13.6.2 Oil-immersed Three-phase Isolation Transformer
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 Industrial and Mining
13.10.2 Power Station
13.10.3 High-Rise Buildings
13.10.4 Airport
13.10.5 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 Three-Phase Isolation Transformer Market: Competitive Dashboard
14.2 Global Three-Phase Isolation Transformer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider
14.3.2 Emerson
14.3.3 TEMCo
14.3.4 Warner Power
14.3.5 Agile Magnetics
14.3.6 Hubbell Incorporated
14.3.7 Gamatronic Electronic Industries
14.3.8 Johnson Electric Coil
14.3.9 EREA
14.3.10 Lenco Electronics
14.3.11 Schneider
