The global potential transformer market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for protection, metering and instrumentation applications in various industries such as oil & gas, power generation and distribution, mining and metals. The low voltage potential transformer segment accounted for the largest share of the global potential transformer market in 2018. This can be attributed to its wide application across various industries such as oil & gas, power generation and distribution, mining and metals. The medium voltage potential transformer segment is expected to grow at a higher CAGR during the forecast period due to its high demand in protection applications across various industries such as oil & gas, power generation and distribution, mining and metals.
Some Of The Growth Factors Of This Market:
- The increasing demand for renewable energy sources is driving the growth of the potential transformer market.
- The need to reduce carbon emissions and increase efficiency in power generation is also driving the growth of this market.
- Increasing population and urbanization are also contributing to the growth of this market as more people are living in cities, which require more power generation capacity than rural areas do.
- The increasing use of electric vehicles will drive up demand for potential transformers as they require a higher voltage than traditional vehicles do, which means that there will be an increased need for transformers to step up voltage from low-voltage grids to high-voltage grids or vice versa depending on where they are being used at any given time.
- Increasing investments in renewable energy sources such as solar and wind power will also drive up demand for potential transformers because these types of energy sources have intermittent output, meaning that there needs to be a way to store their excess output so that it can be used when needed later on down the line.
Industry Growth Insights published a new data on “Potential Transformer Market”. The research report is titled “Potential Transformer Market research by Types (Low Voltage Potential Transformer, Medium Voltage Potential Transformer, High Voltage Potential Transformer), By Applications (Protection, Metering, Instrumentation, Others), By Players/Companies Siemens, GE Grid Solutions, ABB, SNC Manufacturing, Toshiba, KONCAR, Schneider Electric, Eaton, Arteche, Pfiffner, Acutran, Emek, Dalian Beifang, XD Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Potential Transformer Market Research Report
By Type
Low Voltage Potential Transformer, Medium Voltage Potential Transformer, High Voltage Potential Transformer
By Application
Protection, Metering, Instrumentation, Others
By Companies
Siemens, GE Grid Solutions, ABB, SNC Manufacturing, Toshiba, KONCAR, Schneider Electric, Eaton, Arteche, Pfiffner, Acutran, Emek, Dalian Beifang, XD Group
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Potential Transformer Market Report Segments:
The global Potential Transformer market is segmented on the basis of:
Types
Low Voltage Potential Transformer, Medium Voltage Potential Transformer, High Voltage Potential 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
Protection, Metering, Instrumentation, 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:
- Siemens
- GE Grid Solutions
- ABB
- SNC Manufacturing
- Toshiba
- KONCAR
- Schneider Electric
- Eaton
- Arteche
- Pfiffner
- Acutran
- Emek
- Dalian Beifang
- XD Group
Highlights of The Potential 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:
- Low Voltage Potential Transformer
- Medium Voltage Potential Transformer
- High Voltage Potential Transformer
- By Application:
- Protection
- Metering
- Instrumentation
- 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 Potential 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?
Potential transformer is a term used in electrical engineering to describe an electronic device that can be used to change the voltage, current, or power of an electric circuit.
Some of the major companies in the potential transformer market are Siemens, GE Grid Solutions, ABB, SNC Manufacturing, Toshiba, KONCAR, Schneider Electric, Eaton, Arteche, Pfiffner, Acutran, Emek, Dalian Beifang, XD Group.
The potential transformer market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Potential Transformer 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. Potential Transformer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Potential Transformer Market - Supply Chain
4.5. Global Potential Transformer Market Forecast
4.5.1. Potential Transformer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Potential Transformer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Potential Transformer Market Absolute $ Opportunity
5. Global Potential Transformer 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. Potential Transformer Market Size and Volume Forecast by Type
5.3.1. Low Voltage Potential Transformer
5.3.2. Medium Voltage Potential Transformer
5.3.3. High Voltage Potential Transformer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Potential Transformer 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. Potential Transformer Market Size and Volume Forecast by Application
6.3.1. Protection
6.3.2. Metering
6.3.3. Instrumentation
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Potential Transformer 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. Potential Transformer 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 Potential Transformer 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. Potential Transformer 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 Potential Transformer Demand Share Forecast, 2019-2026
9. North America Potential Transformer 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 Potential Transformer 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 Potential Transformer Market Size and Volume Forecast by Application
9.4.1. Protection
9.4.2. Metering
9.4.3. Instrumentation
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Potential Transformer Market Size and Volume Forecast by Type
9.7.1. Low Voltage Potential Transformer
9.7.2. Medium Voltage Potential Transformer
9.7.3. High Voltage Potential Transformer
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 Potential Transformer Demand Share Forecast, 2019-2026
10. Latin America Potential Transformer 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 Potential Transformer 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 Potential Transformer Market Size and Volume Forecast by Application
10.4.1. Protection
10.4.2. Metering
10.4.3. Instrumentation
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Potential Transformer Market Size and Volume Forecast by Type
10.7.1. Low Voltage Potential Transformer
10.7.2. Medium Voltage Potential Transformer
10.7.3. High Voltage Potential Transformer
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 Potential Transformer Demand Share Forecast, 2019-2026
11. Europe Potential Transformer 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 Potential Transformer 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 Potential Transformer Market Size and Volume Forecast by Application
11.4.1. Protection
11.4.2. Metering
11.4.3. Instrumentation
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Potential Transformer Market Size and Volume Forecast by Type
11.7.1. Low Voltage Potential Transformer
11.7.2. Medium Voltage Potential Transformer
11.7.3. High Voltage Potential Transformer
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 Potential Transformer Demand Share, 2019-2026
12. Asia Pacific Potential Transformer 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 Potential Transformer 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 Potential Transformer Market Size and Volume Forecast by Application
12.4.1. Protection
12.4.2. Metering
12.4.3. Instrumentation
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Potential Transformer Market Size and Volume Forecast by Type
12.7.1. Low Voltage Potential Transformer
12.7.2. Medium Voltage Potential Transformer
12.7.3. High Voltage Potential Transformer
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 Potential Transformer Demand Share, 2019-2026
13. Middle East & Africa Potential Transformer 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 Potential Transformer 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 Potential Transformer Market Size and Volume Forecast by Application
13.4.1. Protection
13.4.2. Metering
13.4.3. Instrumentation
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Potential Transformer Market Size and Volume Forecast by Type
13.7.1. Low Voltage Potential Transformer
13.7.2. Medium Voltage Potential Transformer
13.7.3. High Voltage Potential Transformer
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 Potential Transformer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Potential Transformer Market: Market Share Analysis
14.2. Potential Transformer Distributors and Customers
14.3. Potential Transformer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE Grid Solutions
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SNC Manufacturing
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Toshiba
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KONCAR
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Schneider Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Eaton
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Arteche
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pfiffner
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Acutran
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Emek
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Dalian Beifang
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. XD Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook