Market Overview:
The global transformer bobbins 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 transformers, especially in developing countries. In addition, the growing awareness about energy efficiency is also contributing to the growth of this market. The global transformer bobbins market can be segmented on the basis of type and application. On the basis of type, it can be divided into vertical transformer bobbins and horizontal transformer bobbins. On the basis of application, it can be classified into mining industry, transportation industry and others.
Product Definition:
A transformer bobbin is a cylindrical core around which the windings of a transformer are wound. It is typically made from high-quality paper or cardboard, and serves to protect the windings and improve their efficiency. The bobbin is also responsible for transferring the magnetic flux created by the winding's current through the core, which helps to create an efficient transformer.
Vertical Transformer Bobbins:
Vertical Transformer Bobbins are used in transformers to provide mechanical stability and electrical insulation. They help in preventing the core of transformer from overheating, overloading, or short circuits. The primary function of VT bobbins is to support the weight of secondary windings and keep them away from the metal frame around the core.
Horizontal Transformer Bobbins:
Horizontal transformer bobbins are used in power transformers to provide an accurate and reliable connection for the windings. They are installed in a horizontal position inside the main body of power transformer. The primary winding is normally placed at one end of the horizontal bobbins, while its opposite end is connected to earth or station ground.
Application Insights:
The others application segment includes power generation, oil & gas, and healthcare. The growing demand for electricity in countries such as India and China is expected to increase the usage of transformers over the forecast period. This in turn is anticipated to fuel transformer bobbin demand over the forecast period.
The mining industry accounted for a major share of more than 25% in 2017 owing to increasing investments by companies such as BHP Billiton, Vale SA, and Rio Tinto among others in various mines across Latin America and Asia Pacific regions. For instance, Vale announced about investing USD 12 billion between 2016-2020 on its operations including new projects at its existing mines including ferrochrome plant at Salvador da Bahia (Brazil) and Velim steel project (India). Such initiatives by key players are likely to boost product demand over the projected period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing demand for transformers from various end-use industries, such as power generation, mining, and telecommunication. The region is expected to maintain its dominance over the forecast period due to growing industrialization and rapid urbanization. Moreover, rising disposable income coupled with expanding manufacturing sector will drive product demand further.
The European market is anticipated to witness significant growth over the forecast period owing to high electricity consumption in major countries including Germany and Italy. In addition, growing production of wind energy along with favorable government policies aimed at reducing carbon footprint will augment industry growth in this region during the same period.
Growth Factors:
- Increasing demand from the automotive industry for transformer bobbins
- Growing demand for transformer bobbins in renewable energy sector
- Rising popularity of electric vehicles which is expected to boost the demand for transformer bobbins
- Rapid industrialization and urbanization in developing countries is likely to fuel the growth of transformer bobbins market
- Technological advancements in manufacturing processes of transformer bobbins are projected to create new opportunities for this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Transformer Bobbin Market Research Report
By Type
Vertical Transformer Bobbins, Horizontal Transformer Bobbins
By Application
Mining Industry, Transportation Industry, Others
By Companies
Stimple & Ward, Hubbell, Standex International, TE Connectivity, Murata Manufacturing, AMETEK, ABB, NRG Energy, Magnet-Schultz of America
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 Transformer Bobbin Market Report Segments:
The global Transformer Bobbin market is segmented on the basis of:
Types
Vertical Transformer Bobbins, Horizontal Transformer Bobbins
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
Mining Industry, Transportation Industry, 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:
- Stimple & Ward
- Hubbell
- Standex International
- TE Connectivity
- Murata Manufacturing
- AMETEK
- ABB
- NRG Energy
- Magnet-Schultz of America
Highlights of The Transformer Bobbin 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:
- Vertical Transformer Bobbins
- Horizontal Transformer Bobbins
- By Application:
- Mining Industry
- Transportation Industry
- 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 Transformer Bobbin 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 transformer bobbin is a type of sewing machine bobbin that has a metal core covered in fabric. It is used to create fabrics with different weights and textures.
Some of the major players in the transformer bobbin market are Stimple & Ward, Hubbell, Standex International, TE Connectivity, Murata Manufacturing, AMETEK, ABB, NRG Energy, Magnet-Schultz of America.
The transformer bobbin 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 Transformer Bobbin 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 Transformer Bobbin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Transformer Bobbin 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 Transformer Bobbin 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 Transformer Bobbin Market Size & Forecast, 2020-2028
4.5.1 Transformer Bobbin Market Size and Y-o-Y Growth
4.5.2 Transformer Bobbin 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 Vertical Transformer Bobbins
5.2.2 Horizontal Transformer Bobbins
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 Mining Industry
6.2.2 Transportation Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Transformer Bobbin 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 Transformer Bobbin 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 Vertical Transformer Bobbins
9.6.2 Horizontal Transformer Bobbins
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 Mining Industry
9.10.2 Transportation Industry
9.10.3 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 Vertical Transformer Bobbins
10.6.2 Horizontal Transformer Bobbins
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 Mining Industry
10.10.2 Transportation Industry
10.10.3 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 Vertical Transformer Bobbins
11.6.2 Horizontal Transformer Bobbins
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 Mining Industry
11.10.2 Transportation Industry
11.10.3 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 Vertical Transformer Bobbins
12.6.2 Horizontal Transformer Bobbins
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 Mining Industry
12.10.2 Transportation Industry
12.10.3 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 Vertical Transformer Bobbins
13.6.2 Horizontal Transformer Bobbins
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 Mining Industry
13.10.2 Transportation Industry
13.10.3 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 Transformer Bobbin Market: Competitive Dashboard
14.2 Global Transformer Bobbin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stimple & Ward
14.3.2 Hubbell
14.3.3 Standex International
14.3.4 TE Connectivity
14.3.5 Murata Manufacturing
14.3.6 AMETEK
14.3.7 ABB
14.3.8 NRG Energy
14.3.9 Magnet-Schultz of America
