
India - Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndia: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA 2025
Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in India
In 2022, after ten years of growth, there was significant decline in the Indian market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA, when its value decreased by -23.3% to $X. Over the period under review, consumption, however, continues to indicate a buoyant expansion. Consumption of peaked at $X in 2021, and then dropped significantly in the following year.
Production of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over X kVA in India
In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA soared to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.
Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA
Exports from India
In 2022, shipments abroad of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA decreased by -3% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 14,341% against the previous year. Over the period under review, the exports of hit record highs at X units in 2021, and then fell slightly in the following year.
In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA rose significantly to $X in 2022. In general, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 246%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of failed to regain momentum.
Exports by Country
The UK (X units) was the main destination for exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from India, accounting for a 42% share of total exports. Moreover, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to the UK exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by Bhutan (X units), with a 10% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to +213.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+67.8% per year) and Bhutan (+203.9% per year).
In value terms, Bhutan ($X) remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exports from India, comprising 42% of total exports. The second position in the ranking was taken by Nepal ($X), with an 11% share of total exports. It was followed by Nigeria, with a 4.7% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Bhutan amounted to +110.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+85.9% per year) and Nigeria (+3.4% per year).
Export Prices by Country
In 2022, the average export price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, surging by 18% against the previous year. Over the period under review, the export price, however, recorded a precipitous decline. The growth pace was the most rapid in 2016 an increase of 145%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bhutan ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (-23.1%), while the prices for the other major destinations experienced a decline.
Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA
Imports into India
In 2022, purchases abroad of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA decreased by -67.6% to X units for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 35,708%. Over the period under review, imports of attained the maximum at X units in 2021, and then fell sharply in the following year.
In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA fell dramatically to $X in 2022. Overall, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 78%. As a result, imports reached the peak of $X, and then contracted significantly in the following year.
Imports by Country
In 2022, China (X units) was the main supplier of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to India, with a approx. 97% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from China totaled +57.8%.
In value terms, China ($X) constituted the largest supplier of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to India.
From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +25.2%.
Import Prices by Country
The average import price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2022, jumping by 54% against the previous year. In general, the import price, however, continues to indicate a precipitous slump. The pace of growth was the most pronounced in 2016 an increase of 82% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -20.6% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for electrical transformers with non-liquid dielectric, of power handling capacity over 500 kva in India. 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 27114380 - Transformers, n.e.c., having a power handling capacity > .500 kVA
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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