Market Overview:
The global three-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 electricity and rising investments in power infrastructure across the globe. In addition, growing awareness about energy efficiency is also propelling the growth of this market. Based on type, the global three-phase transformer market can be segmented into core-type and shell-type transformers. The core-type transformer segment is expected to account for a larger share of the global three-phase transformer market than the shell-type transformer segment during the forecast period. This can be attributed to their high efficiency and low losses as compared to shell-type transformers. Based on application,the global three phase transformermarket can be divided into industrial, commercial, and residential applications.
Product Definition:
A three-phase transformer is a transformer that has three windings, each connected to a different phase of the AC supply. The three phases are usually designated A, B, and C.
Three-phase transformers are used in many applications, including power transmission and distribution, motor control, and machine drives.
• They can handle more power than a single-phase transformer of the same size.
• They can operate at higher voltages than a single-phase transformer of the same size.
Core-Type Three-Phase Transformer (Single Core,Two Cores):
The global Core-Type Three-Phase Transformer (Single Core,Two Cores) market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period.
Shell-Type Three-Phase Transformer:
A shell-type three-phase transformer is a type of power transformer with an insulating core that has multiple windings around it. The primary phase, secondary phase and tertiary phases are represented by the number of shells in the shell type three-phase transformer. In case of a single winding, it is called Single Shell Type; if there are two windings then it is called Double Shell Type and if there are three windings then it is called Triple Shell Type.
Application Insights:
The industrial segment accounted for the largest revenue share of over 60.0% in 2017 and is projected to witness significant growth during the forecast period. The growing demand for power transformers from various industries including oil & gas, steel, cement, etc. is expected to drive the market growth over the coming years.
The commercial segment was valued at USD 1,252.5 million in 2017.
Residential application segment was valued at USD 685 million in 2017.
Regional Analysis:
Asia Pacific is expected to be the largest market for global three-phase transformers with a revenue share of over 35% by 2030. The region’s growth can be attributed to the presence of key players in countries such as China, Taiwan, and Japan. Moreover, increasing demand for industrialization coupled with rising investments in power infrastructure is also anticipated to drive regional product demand over the forecast period.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 24% in 2017 owing to growing adoption across several industries including commercial and residential along with an increase in investment opportunities especially within Eastern European countries such as Russia and Poland among others.
Growth Factors:
- Increasing demand for three-phase transformers from the industrial sector
- Growing investments in smart grid infrastructure
- Rising popularity of renewable energy sources
- Proliferation of electric vehicles and growing demand for charging stations
- Technological advancements in transformer manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Three-Phase Transformers Market Research Report
By Type
Core-Type Three-Phase Transformer (Single Core,Two Cores), Shell-Type Three-Phase Transformer
By Application
Industrial, Commercial, Residential
By Companies
Siemens, ABB, Eaton, Powertronix, SNC Manufacturing, Mitsubishi Electric, Delta Transformers, Hitachi, Areva, Moloney Electric, Estel Company, Shanghai Xishun Electric, Guangdong NRE Technology, Houston Transformer, Tsuruta Electric
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Three-Phase Transformers Market Report Segments:
The global Three-Phase Transformers market is segmented on the basis of:
Types
Core-Type Three-Phase Transformer (Single Core,Two Cores), Shell-Type Three-Phase 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, 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:
- Siemens
- ABB
- Eaton
- Powertronix
- SNC Manufacturing
- Mitsubishi Electric
- Delta Transformers
- Hitachi
- Areva
- Moloney Electric
- Estel Company
- Shanghai Xishun Electric
- Guangdong NRE Technology
- Houston Transformer
- Tsuruta Electric
Highlights of The Three-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:
- Core-Type Three-Phase Transformer (Single Core,Two Cores)
- Shell-Type Three-Phase Transformer
- 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 Three-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?
A three-phase transformer is a device that converts alternating current (AC) into direct current (DC).
Some of the major players in the three-phase transformers market are Siemens, ABB, Eaton, Powertronix, SNC Manufacturing, Mitsubishi Electric, Delta Transformers, Hitachi, Areva, Moloney Electric, Estel Company, Shanghai Xishun Electric, Guangdong NRE Technology, Houston Transformer, Tsuruta Electric.
The three-phase transformers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Three-Phase 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. Three-Phase Transformers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Three-Phase Transformers Market - Supply Chain
4.5. Global Three-Phase Transformers Market Forecast
4.5.1. Three-Phase Transformers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Three-Phase Transformers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Three-Phase Transformers Market Absolute $ Opportunity
5. Global Three-Phase 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. Three-Phase Transformers Market Size and Volume Forecast by Type
5.3.1. Core-Type Three-Phase Transformer (Single Core,Two Cores)
5.3.2. Shell-Type Three-Phase Transformer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Three-Phase 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. Three-Phase 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 Three-Phase 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. Three-Phase 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 Three-Phase 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. Three-Phase 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 Three-Phase Transformers Demand Share Forecast, 2019-2026
9. North America Three-Phase 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 Three-Phase 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 Three-Phase 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 Three-Phase Transformers Market Size and Volume Forecast by Type
9.7.1. Core-Type Three-Phase Transformer (Single Core,Two Cores)
9.7.2. Shell-Type Three-Phase 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 Three-Phase Transformers Demand Share Forecast, 2019-2026
10. Latin America Three-Phase 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 Three-Phase 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 Three-Phase 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 Three-Phase Transformers Market Size and Volume Forecast by Type
10.7.1. Core-Type Three-Phase Transformer (Single Core,Two Cores)
10.7.2. Shell-Type Three-Phase 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 Three-Phase Transformers Demand Share Forecast, 2019-2026
11. Europe Three-Phase 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 Three-Phase 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 Three-Phase 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 Three-Phase Transformers Market Size and Volume Forecast by Type
11.7.1. Core-Type Three-Phase Transformer (Single Core,Two Cores)
11.7.2. Shell-Type Three-Phase 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 Three-Phase Transformers Demand Share, 2019-2026
12. Asia Pacific Three-Phase 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 Three-Phase 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 Three-Phase 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 Three-Phase Transformers Market Size and Volume Forecast by Type
12.7.1. Core-Type Three-Phase Transformer (Single Core,Two Cores)
12.7.2. Shell-Type Three-Phase 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 Three-Phase Transformers Demand Share, 2019-2026
13. Middle East & Africa Three-Phase 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 Three-Phase 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 Three-Phase 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 Three-Phase Transformers Market Size and Volume Forecast by Type
13.7.1. Core-Type Three-Phase Transformer (Single Core,Two Cores)
13.7.2. Shell-Type Three-Phase 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 Three-Phase Transformers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Three-Phase Transformers Market: Market Share Analysis
14.2. Three-Phase Transformers Distributors and Customers
14.3. Three-Phase Transformers 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. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eaton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Powertronix
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SNC Manufacturing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mitsubishi Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Delta Transformers
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hitachi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Areva
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. Estel Company
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shanghai Xishun Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Guangdong NRE Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Houston Transformer
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tsuruta Electric
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
