Market Overview:
The global padmount 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. In addition, the growing adoption of smart grids and renewable energy sources is also contributing to the growth of the market. The global padmount transformer market can be segmented by type, application, and region. By type, the market can be divided into dry-type padmount transformers and liquid-immersed padmount transformers. By application, the market can be classified into industrial, commercial, and residential applications. The industrial sector is expected to account for a major share of the global padmount transformer market duringthe forecast period owingto rising investments in power infrastructure across various industries such as oil & gas, mining & metals production facilities etc., globally .
Product Definition:
Padmount Transformers are used to increase or decrease the voltage of an electrical current. They are often installed near power lines and other large pieces of equipment.
Dry-type Padmount Transformers:
Dry-type padmount transformers are used in applications where the power supply is not affected by moisture or water. These dry type padmount transformers are mainly used in medical, telecom and defense industries. The growth factor for dry-type PadMount Transformers market is driven by factors such as growing demand from end-use industries and technological advancements made to enhance efficiency & performance of these devices.
Liquid-immersed Padmount Transformers:
Liquid-immersed padmount transformers are used in applications where the primary power supply is from a battery and the secondary power source is AC. These devices have an advantage over conventional transformer units as they can be operated at extremely low frequencies, making them suitable for high-performance computing applications such as data centers.
The growing demand for energy efficient data centers has led to increased focus on using renewable energy sources such as solar and wind.
Application Insights:
The industrial application segment accounted for the largest share of over 50.0% in 2017 and is projected to witness significant growth over the forecast period. The growing demand for padmount transformers with high power density, small size, weight reduction and easy installation is expected to drive their demand in industrial applications.
Padmounted transformers are used across a wide range of industries including oil & gas, petrochemicals, energy generation & transmission as well as healthcare among others owing to its ability to provide clean power supply at required voltages and frequencies without the need for additional cables or connections which reduces installation cost and time while also simplifying maintenance procedures. Increasing R&D activities by major players such as ABB Ltd., Schneider Electric SE; Siemens PLM Software Inc.; Mitsubishi Electric Corporation toward developing compact products that can deliver higher performance levels are likely to propel industry growth over the coming years.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand from commercial, industrial, and residential applications. China accounts for a major share of Asia Pacific market owing to large-scale investments in infrastructure development along with rising demand from end-use industries such as manufacturing, oil & gas, telecom/ITC etc.
The growing population coupled with rapid urbanization has led to increased electricity consumption across emerging countries such as India and Vietnam which is anticipated to drive the regional market growth over the forecast period. In addition, favorable government policies aimed at promoting renewable energy sources are expected boost industry expansion within this region thereby driving overall global padmount transformer market growth over the projected period.
Growth Factors:
- Increasing demand from the power sector for padmount transformers to meet the growing electricity needs.
- Rising investments in renewable energy sources such as solar and wind, which require efficient and reliable power transmission and distribution infrastructure, including padmount transformers.
- Rapid urbanization and industrialization across emerging economies are leading to an increase in demand for padmount transformers for new construction projects as well as retrofits of existing infrastructure.
- The increasing use of smart grids and smart meters is also driving demand for padmount transformers, as these devices need a reliable source of power to function properly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Padmount Transformers Market Research Report
By Type
Dry-type Padmount Transformers, Liquid-immersed Padmount Transformers
By Application
Industrial, Commercial, Residential
By Companies
ABB, Eaton, General Electric, Schneider Electric, Siemens, Crompton Greaves, Ermco, Federal Pacific, Hitachi, Moloney Electric, Olsun Electric, Pacific Crest Transformers, Pearl Electric, Vantran Industries, Wenzhou Rockwell Transformer, Solomon Corporation, Brandon & Clark, Pioneer Power Solutions, Maddox Industrial, Manitoba Hydro
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Padmount Transformers Market Report Segments:
The global Padmount Transformers market is segmented on the basis of:
Types
Dry-type Padmount Transformers, Liquid-immersed Padmount Transformers
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, Commercial, Residential
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:
- ABB
- Eaton
- General Electric
- Schneider Electric
- Siemens
- Crompton Greaves
- Ermco
- Federal Pacific
- Hitachi
- Moloney Electric
- Olsun Electric
- Pacific Crest Transformers
- Pearl Electric
- Vantran Industries
- Wenzhou Rockwell Transformer
- Solomon Corporation
- Brandon & Clark
- Pioneer Power Solutions
- Maddox Industrial
- Manitoba Hydro
Highlights of The Padmount 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:
- Dry-type Padmount Transformers
- Liquid-immersed Padmount Transformers
- By Application:
- Industrial
- Commercial
- Residential
- 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 Padmount 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
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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?
Padmount Transformers is a term used to describe a type of transformer that is mounted on the outside of a cabinet or rack. This type of transformer is often used in audio and video applications, as it allows for easy installation and removal.
Some of the major companies in the padmount transformers market are ABB, Eaton, General Electric, Schneider Electric, Siemens, Crompton Greaves, Ermco, Federal Pacific, Hitachi, Moloney Electric, Olsun Electric, Pacific Crest Transformers, Pearl Electric, Vantran Industries, Wenzhou Rockwell Transformer, Solomon Corporation, Brandon & Clark, Pioneer Power Solutions, Maddox Industrial, Manitoba Hydro.
The padmount transformers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Padmount Transformers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Padmount Transformers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Padmount Transformers Market - Supply Chain
4.5. Global Padmount Transformers Market Forecast
4.5.1. Padmount Transformers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Padmount Transformers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Padmount Transformers Market Absolute $ Opportunity
5. Global Padmount Transformers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Padmount Transformers Market Size and Volume Forecast by Type
5.3.1. Dry-type Padmount Transformers
5.3.2. Liquid-immersed Padmount Transformers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Padmount Transformers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Padmount Transformers Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Commercial
6.3.3. Residential
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Padmount Transformers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Padmount Transformers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Padmount Transformers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Padmount Transformers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Padmount Transformers Demand Share Forecast, 2019-2026
9. North America Padmount Transformers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Padmount Transformers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Padmount Transformers Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Commercial
9.4.3. Residential
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Padmount Transformers Market Size and Volume Forecast by Type
9.7.1. Dry-type Padmount Transformers
9.7.2. Liquid-immersed Padmount Transformers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Padmount Transformers Demand Share Forecast, 2019-2026
10. Latin America Padmount Transformers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Padmount Transformers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Padmount Transformers Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Commercial
10.4.3. Residential
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Padmount Transformers Market Size and Volume Forecast by Type
10.7.1. Dry-type Padmount Transformers
10.7.2. Liquid-immersed Padmount Transformers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Padmount Transformers Demand Share Forecast, 2019-2026
11. Europe Padmount Transformers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Padmount Transformers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Padmount Transformers Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Commercial
11.4.3. Residential
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Padmount Transformers Market Size and Volume Forecast by Type
11.7.1. Dry-type Padmount Transformers
11.7.2. Liquid-immersed Padmount Transformers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Padmount Transformers Demand Share, 2019-2026
12. Asia Pacific Padmount Transformers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Padmount Transformers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Padmount Transformers Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Commercial
12.4.3. Residential
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Padmount Transformers Market Size and Volume Forecast by Type
12.7.1. Dry-type Padmount Transformers
12.7.2. Liquid-immersed Padmount Transformers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Padmount Transformers Demand Share, 2019-2026
13. Middle East & Africa Padmount Transformers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Padmount Transformers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Padmount Transformers Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Commercial
13.4.3. Residential
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Padmount Transformers Market Size and Volume Forecast by Type
13.7.1. Dry-type Padmount Transformers
13.7.2. Liquid-immersed Padmount Transformers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Padmount Transformers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Padmount Transformers Market: Market Share Analysis
14.2. Padmount Transformers Distributors and Customers
14.3. Padmount Transformers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eaton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schneider Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siemens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Crompton Greaves
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ermco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Federal Pacific
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hitachi
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Moloney Electric
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Olsun Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pacific Crest Transformers
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Pearl Electric
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Vantran Industries
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Wenzhou Rockwell Transformer
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Solomon Corporation
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Brandon & Clark
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Pioneer Power Solutions
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Maddox Industrial
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Manitoba Hydro
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
