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Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
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Measure category performance on 15 key parameters across cost, risk and strategy KPIs
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Meet Abi
Discover Market Info
Manage Risk
Find Suppliers
Assess Category Performance
Source Market Indices
Abi will answer all Transformers related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Get up-to-date market and supplier info on Transformers to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
$9.1 Bn
$6.7 Bn
$17.3 Bn
$5.3 Bn
Category Intelligence on Transformers covers the following
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
The top transformer material suppliers (percentage of global transformers revenue for 2018): ABB: 13–14 percent | Siemens: 11–12 percent | GE (acquired Alstom): 10–11 percent | Hyundai Heavy Industries: 2–3 percent | TBEA: 2–3 percent | Others: 54–56 percent.
The global transformers market size: $44.3 billion (2019 E): Expected to grow at a CAGR of 5–7 percent to $49.35 billion by 2021.
The impactful cost components in the transformer market include Raw materials: ~70 percent Design and labor: ~16 percent, Fixed components: ~14 percent.
The High Transformers Market Maturity Regions: APAC and Europe, while the medium transformers market maturity regions are North America, South America, and Middle East.
The emerging engagement strategies: Partnering suppliers/service providers equipped with the best technology infrastructure and know-how (Example: GE’s acquisition of Alstom).
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
Drivers
Constraints
The Transformer material suppliers Market Share (2019E): ABB - 13-14%, Siemens 11-12%, GE (Acquired Alstom) - 10-11%, Hyundai 2-3%, TBEA - 2-3%, Mitsubishi 2-3%, and Others - 54-56%.
Initiatives to replace aging T&D infrastructure is the major driver for the transformers industry in the North America region.
Increasing T&D network expansion projects in developing countries, like China and India, are the major driver for the transformers industry in the APAC region.
Increasing industrialization and growing demand for power are the major drivers for the transformers industry in South American region.
Currently, there is no technology or product, which provides an alternative to transformers from the end use/application point of view.
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