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Market Analysis and Insights: Global and United States High Voltage Power Transformer Market
This report focuses on global and United States High Voltage Power Transformer market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global High Voltage Power Transformer market size is estimated to be worth US$ 972.6 million in 2022 and is forecast to a readjusted size of US$ 1295.9 million by 2028 with a CAGR of 4.9% during the review period. Fully considering the economic change by this health crisis, by Type, Dry-Type Transformer accounting for % of the High Voltage Power Transformer global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, 35-110KV was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
The main global High Voltage Power Transformer players include Hitachi ABB Power Grids, TBEA, Siemens, China XD Group, SGB-SMIT, etc. The top five High Voltage Power Transformer players account for approximately 32% of the total market. China is the largest consumer market for High Voltage Power Transformer, accounting for about 57%, followed by Europe and India. In terms of type, Oil-Immersed Transformer is the largest segment, with a share about 90%. And in terms of application, the largest application is 110-220KV, followed by 35-110KV.
Global High Voltage Power Transformer Scope and Market Size
High Voltage Power Transformer market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global High Voltage Power Transformer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the High Voltage Power Transformer market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Dry-Type Transformer
Oil-Immersed Transformer
Segment by Application
35-110KV
110-220KV
220-330KV
330-550KV
550-750KV
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Hitachi ABB Power Grids
TBEA
Siemens
China XD Group
SGB-SMIT
Mitsubishi Electric Group
Baoding Tianwei Group Tebian Electric
Jiangsu Huapeng Group
Toshiba
Shandong Electrical Engineering & Equipment Group
GE
SPX
Wujiang Transformer
Nanjing Liye Power Transformer
Shandong Taikai Transformer
Crompton Greaves
Hyosung
Shandong Luneng Mount.Tai Electric Equipment
Shandong Dachi Electric
ZTR
Weg
Hyundai Electric
CHINT
Harbin Special Transformer Factory
Schneider Electric
Sanbian Sci-Tech Co., Ltd.
Hangzhou Qiantang Riever Electric Group
Alstom
Efacec
Fuji Electric
This report focuses on global and United States High Voltage Power Transformer market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global High Voltage Power Transformer market size is estimated to be worth US$ 972.6 million in 2022 and is forecast to a readjusted size of US$ 1295.9 million by 2028 with a CAGR of 4.9% during the review period. Fully considering the economic change by this health crisis, by Type, Dry-Type Transformer accounting for % of the High Voltage Power Transformer global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, 35-110KV was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
The main global High Voltage Power Transformer players include Hitachi ABB Power Grids, TBEA, Siemens, China XD Group, SGB-SMIT, etc. The top five High Voltage Power Transformer players account for approximately 32% of the total market. China is the largest consumer market for High Voltage Power Transformer, accounting for about 57%, followed by Europe and India. In terms of type, Oil-Immersed Transformer is the largest segment, with a share about 90%. And in terms of application, the largest application is 110-220KV, followed by 35-110KV.
Global High Voltage Power Transformer Scope and Market Size
High Voltage Power Transformer market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global High Voltage Power Transformer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the High Voltage Power Transformer market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Dry-Type Transformer
Oil-Immersed Transformer
Segment by Application
35-110KV
110-220KV
220-330KV
330-550KV
550-750KV
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Hitachi ABB Power Grids
TBEA
Siemens
China XD Group
SGB-SMIT
Mitsubishi Electric Group
Baoding Tianwei Group Tebian Electric
Jiangsu Huapeng Group
Toshiba
Shandong Electrical Engineering & Equipment Group
GE
SPX
Wujiang Transformer
Nanjing Liye Power Transformer
Shandong Taikai Transformer
Crompton Greaves
Hyosung
Shandong Luneng Mount.Tai Electric Equipment
Shandong Dachi Electric
ZTR
Weg
Hyundai Electric
CHINT
Harbin Special Transformer Factory
Schneider Electric
Sanbian Sci-Tech Co., Ltd.
Hangzhou Qiantang Riever Electric Group
Alstom
Efacec
Fuji Electric
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
