World - Electrical Transformers - Market Analysis, Forecast, Size, Trends and Insights
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Electrical transformer market: get the most recent facts and figures secured by an Ai-driven business intelligence tool. Info include trade, companies, consumption, exports, imports, market size, market prices, and production. There is a breakdown by country, including Africa, Latin America, the U.S., the Middle East, the U.K., Russia, China, and EU. Market insights and outlook to 2030 are also featured in the reports.
Electrical Transformer - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Brazil |
| 2 | Turkey |
| 3 | India |
| 4 | United States |
| 5 | China |
In value terms, Brazil led the market, alone. The second position in the ranking was occupied by Turkey. It was followed by India.
In Brazil, the electrical transformer market increased at an average annual rate of +2.1% over the period from 2018-2019. In the other countries, the average annual rates were as follows: Turkey (+6.4% per year) and India (+24.1% per year).
Electrical Transformer Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| China | 1.2 | 1.2 | -0.8% | |
| Hong Kong SAR | 1.9 | 2.1 | 12.3% | |
| Germany | 6.9 | 5.7 | -17.8% | |
| South Korea | 22 | 11 | -49.8% | |
| Average | 4.3 | 4 | -6.9% | |
There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was South Korea ($11 per unit), while China ($1.2 per unit) was amongst the lowest.
From 2018 to 2019, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| United States | 5.9 | 5.6 | -5.7% | |
| Mexico | 3.2 | 3.3 | 5.3% | |
| Vietnam | 2.7 | 3.2 | 16.1% | |
| Singapore | 2.6 | 2.4 | -8.9% | |
| Thailand | 2.7 | 2.2 | -16.3% | |
| Germany | 2.4 | 2.1 | -14.0% | |
| Japan | 1.9 | 1.9 | -0.7% | |
| Poland | 1.7 | 1.7 | 3.4% | |
| Hungary | 1.3 | 0.9 | -26.8% | |
| China | 0.9 | 0.8 | -7.9% | |
| India | 1.4 | 0.8 | -45.2% | |
| Taiwan (Chinese) | 1 | 0.7 | -30.1% | |
| South Korea | 0.8 | 0.6 | -27.8% | |
| Average | 4.4 | 4 | -9.1% | |
There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was the United States ($5.6 per unit), while South Korea ($0.6 per unit) was amongst the lowest.
From 2018 to 2019, the most notable rate of growth in terms of prices was attained by Vietnam, while the other global leaders experienced more modest paces of growth.
Electrical Transformer - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 2.5 | 2.5 | -1.6% | |
| Germany | 0.9 | 0.8 | -13.6% | |
| China | 0.5 | 0.4 | -19.1% | |
| Japan | 0.4 | 0.4 | -14.6% | |
| Vietnam | 0.2 | 0.3 | 16.9% | |
In value terms, the United States ($2.5B) constitutes the largest market for imported electrical transformers worldwide, comprising 19% of global imports. The second position in the ranking was occupied by Germany ($779M), with a 5.8% share of global imports. It was followed by China, with a 3% share.
From 2018 to 2019, the average annual rate of growth in terms of value in the United States stood at -1.6%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-13.6% per year) and China (-19.1% per year).
Electrical Transformer - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 3.2 | 3.2 | -2.0% | |
| Germany | 1.3 | 1.1 | -16.9% | |
| South Korea | 0.6 | 0.6 | -2.0% | |
| Hong Kong SAR | 0.1 | 0.1 | 15.8% | |
In value terms, China ($3.2B) remains the largest electrical transformer supplier worldwide, comprising 23% of global exports. The second position in the ranking was occupied by Germany ($1.1B), with a 8% share of global exports. It was followed by South Korea, with a 4.4% share.
In China, electrical transformer exports shrank by an average annual rate of -2.0% over the period from 2018-2019. In the other countries, the average annual rates were as follows: Germany (-16.9% per year) and South Korea (-2.0% per year).
Electrical Transformer - Market Forecast
Driven by increasing demand for electrical transformer worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2019 to 2030, which is projected to bring the market volume to by the end of 2030.
Electrical Transformer - Top Companies
ABB Turbo Systems AG, ABB Sécheron SA, Ansaldo Energia Switzerland AG, Bussmann International Inc.. U.S.A.. Filial I Danmark, ABB Holdings Inc., TBEA Co., Ltd., Kraftwerke Ilanz AG (KWI), ABB AG, NARI Group Corporation, ABB AB, Wuhan Zhongqiao Electric Co., Ltd., Carlyle Partners II, L.P., Vishay Intertechnology, Inc., Grid Solutions (u.s.) LLC, TATUNG CO., General Electric (Switzerland) GmbH, Vishay Israel Ltd., AL FANAR COMPANY, Cooper Power Systems, LLC, AVX Corporation
Electrical Transformer - Product Coverage
- HS 850421 - Electrical transformers; liquid dielectric, having a power handling capacity not exceeding 650kVA
- HS 850422 - Electrical transformers; liquid dielectric, having a power handling capacity exceeding 650kVA but not exceeding 10,000kVA
- HS 850423 - Electrical transformers; liquid dielectric, having a power handling capacity exceeding 10,000kVA
- HS 850432 - Transformers; n.e.s. in item no. 8504.2, having a power handling capacity exceeding 1kVA but not exceeding 16kVA
- HS 850433 - Transformers; n.e.s. in item no. 8504.2, having a power handling capacity exceeding 16kVA but not exceeding 500kVA
- HS 850434 - Transformers; n.e.s. in item no. 8504.2, having a power handling capacity exceeding 500kVA
This report provides an in-depth analysis of the global electrical transformer market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27114120 - Liquid dielectric transformers having a power handling capacity . .650 kVA
- Prodcom 27114150 - Liquid dielectric transformers having a power handling capacity > .650 kVA but . .10 .000 kVA
- Prodcom 27114180 - Liquid dielectric transformers having a power handling capacity > .10 .000 kVA
- Prodcom 27114220 - Measuring transformers having a power handling capacity . 1 kVA (including for voltage measurement)
- Prodcom 27114240 - Other transformers, n.e.c., having a power handling capacity. 1 kVA
- Prodcom 27114260 - Other transformers, having a power handling capacity > 1 kVA but . .16 kVA
- Prodcom 27114330 - Transformers, n.e.c., having a power handling capacity > .16 kVA but . .500 kVA
- Prodcom 27114380 - Transformers, n.e.c., having a power handling capacity > .500 kVA
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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