Global Industrial Control Transformer Market Insights, Forecast to 2028

A control transformer is an isolation transformer that provides good voltage regulation, and is also designed to provide a high degree of secondary voltage stability (regulation) during a brief period of overload condition (also referred to as “inrush current”). Control transformers are also known as Machine Tool Transformers, Industrial Control Transformers or Control Power Transformers.
Market Analysis and Insights: Global Industrial Control Transformer Market
Due to the COVID-19 pandemic, the global Industrial Control Transformer market size is estimated to be worth US$ 715.2 million in 2022 and is forecast to a readjusted size of US$ 819.7 million by 2028 with a CAGR of 2.3% during the review period. Fully considering the economic change by this health crisis, Single Phase accounting for % of the Industrial Control 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 Power Generation segment is altered to an % CAGR throughout this forecast period.
The three-phase segment dominated the market owing to better efficiency in industrial applications. Three-phase industrial compressors are used to drive a variety of general machinery such as compressors, pumps, crushers, cutting machine tools, and other mechanical equipment in petroleum, chemical, power plants, and other industrial and mining industries.
In terms of production side, this report researches the Industrial Control Transformer capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Industrial Control Transformer by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Industrial Control Transformer Scope and Segment
Industrial Control Transformer market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Industrial Control Transformer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Single Phase
Three Phase
Segment by Application
Power Generation
Oil & Gas
Chemical
Metal & Mining
Others
By Company
ABB
Eaton
Siemens
GE
Schneider Electric
Hubbell
Emerson Electric
Rockwell Automation
Electric Hammond Power Solutions (HPS)
Broadman Transformers
Dongan Electric
MCI Transformers
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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