Transformers Market Intelligence

Transformers Market Description

The global transformers market is expected to grow at a CAGR of 7-8 percent to $46.9 billion by 2020. Increasing demand for electricity in emerging and developed countries, backed by increasing investment in infrastructure, is foreseen to drive the global transformers market. Also, initiatives taken to replace aging transformers with energy-efficient transformers, especially in North America and Europe, are further anticipated to drive the power transformers market. Volatility in raw material prices, such as copper and steel, may restrain the growth of the transformers industry globally.

The report highlights the regional market overview of the transformers market for North America, APAC, Europe, the Middle East, and South America. It also analyses Porter’s Five Forces in detail for the global transformers market. A comprehensive suppliers analysis comprising of supply trends & insights, supplier market share & their major projects and capacity expansion has also been discussed. The report further covers a detailed supplier profile and SWOT analysis of the key global suppliers like ABB, Siemens, General Electric, Hyundai Electric & Energy Systems Co., Ltd., and TBEA.

Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.

Report Coverage

Supply Landscape
Key Global Supplier Profiles
Cost Structure Analysis
Price Driver Analysis
Recent Technology Developments

Transformers Market Trend, Analysis & Forecast

Category Intelligence on Transformers covers the following

Information relating to market, supply, cost, and pricing analysis
Hard to find data on cost and TCO models, supplier details, and performance benchmarks
Macroeconomic and regional trends impacting cost, supply, and other market dynamics
Category-specific negotiation and sourcing advice

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Executive Summary

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Market Analysis

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Supply Analysis

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Cost & Pricing Analysis

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Best Practices

1. Transformers Executive Summary

1.1 Executive Summary

2. Transformers Market Analysis

2.1 Market Maturity
2.2 Market Size and Trend
2.3 Drivers and Constraints
2.4 Regional Market Outlook
2.5 Porter’sFive Forces Analysis

3. Transformers Supply Analysis

3.1 Supply Market Outlook
3.2 Key Players and Market Share
3.3 Supplier Events
- Major Projects and Capacity Expansion
3.4 Supplier Profile
3.5 Top Five Suppliers Profile and SWOT Analysis
3.6 ABB, Siemens, GE, Hyundai, and TBEA

4. Transformers Cost & Pricing Analysis

4.1 Cost Structure Analysis
4.2 Price Driver Analysis
– Copper
– Grain-oriented Electrical Steel
– Carbon Steel
– Mineral Oil
– Electricity
– Labor

5. Transformers Procurement Best Practices

5.1 Supply Chain
5.2 Industry Sourcing Channels
5.3 Typical Contract Model
5.4 Typical Contract and Payment Terms
5.6 Recent Technology Development

Global Market Outlook on Transformers

The APAC will continue to dominate the market, in terms of growth prospects through to 2019.Increasing demand for electricity in emerging and developed countries, backed by increasing investment in infrastructure, is expected to drive the transformers market globally. Also, initiatives taken to replace aging transformers with energy- efficient transformers, especially in North America and Europe, are further expected to drive the power transformers market

transformers-market-size

Global Market Maturity

Increasing demand for electricity in emerging and developed countries, backed by increasing investment in infrastructure, is expected to drive the transformers market globally. However, slowdown of economy and investments in the mining sector are likely to affect the demand for transformers in this particular segment

Global Market Size and Trend

The global transformers market was around $33.2 billion in 2014, and it is expected to reach $46.9 billion by 2020, growing at a CAGR of 5-7 percent during 2014–2020
Increasing demand for electricity in emerging and developed countries, backed by increasing investment in infrastructure, is expected to drive the transformers market globally. Also, initiatives taken to replace aging transformers with energy-efficient transformers, especially in North America and Europe, are further expected to drive the power transformers market
The growth of the large power transformers segment is higher, due to the increasing adoption of HVDC transmission projects, in the APAC region, so as to reduce transmission loss during transmission over large distances
Volatility in raw material prices, such as copper and steel, may restrain the growth of transformers industry globally

Global Drivers and Constraints

Drivers

Increasing demand for electricity in emerging and developed countries, such as China, India, Germany, and the UK, backed by increasing investment in infrastructure, is expected to drive the transformers market globally
Governments have started taking initiatives for improving energy efficiency and minimizing loss by putting pressure on the utilities to replace old transformers, and in turn, install technologically advanced power transformers, thereby, modernizing the existing power grids. Such is the case in China, India, Germany, and the UK
Developed countries are integrating wind and other renewable energies, thereby increasing load flow on aging grids, which may lead to frequent short-circuit situations, and thus provide more opportunities for the transformer industry growth
Improvements in the mining sector is expected to further boost the growth of the transformer industry in this region

Constraints

Volatility in steel, copper, and crude oil prices is expected to restrain the growth of transformers globally
Such volatility in raw material prices has created pressure on manufacturers’ profit margin, due to which, some of the global players in the industry have shifted their production facilities to regions that facilitate lower cost of manufacturing as well have a higher demand, like China, India, etc.
Power transformers are special ordered machineries and require highly skilled workforces. Low availability of skilled service engineers is likely to hinder the growth in this industry

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