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Europe Distribution Transformer Market Size - By Core (Closed, Shell, Berry), By Winding (Two Winding, Auto Transformer), By Installation (Outdoor, Indoor), By Cooling, Country Insights & Forecast, 2024 – 2032

  • Report ID: GMI8461
  • Published Date: Mar 2024
  • Report Format: PDF

Europe Distribution Transformer Market Size

Europe Distribution Transformer Market was valued at USD 6.5 billion in 2023 and is expected to grow at 10.6% CAGR between 2024 and 2032. Increased urbanization and industrialization drive demand for electricity infrastructure, while renewable energy integration necessitates grid upgrades. Aging infrastructure replacement initiatives and smart grid advancements also propel market expansion.

Europe Distribution Transformer Market

In late 2022, the EU introduced the "Digitalization of the Energy System" initiative, anticipating investments of USD 633 billion by 2030. Among these, USD 184 billion is earmarked for grid digitalization efforts which will fuel the product adoption. Additionally, stringent energy efficiency regulations and the need for reliable power distribution fuel the adoption of advanced transformer technologies.

COVID–19 Impact

The COVID-19 pandemic disrupted the Europe distribution transformer market, leading to supply chain interruptions, project delays, and reduced demand amid economic uncertainty. Despite these challenges, resilience is evident, supported by ongoing grid modernization, renewable energy integration, and government infrastructure initiatives, albeit with some implementation slowdowns.

Europe Distribution Transformer Market Trends

Europe distribution transformer industry is growing at a substantial rate owing to various factors including a shift towards digitalization and smart grid technologies for improved efficiency and reliability. Growing integration of renewable energy sources and emphasis on sustainability drive demand for eco-friendly transformers.Additionally, innovations in materials and design enhance performance and reduce environmental impact. Market players are also focusing on predictive maintenance and advanced monitoring systems to ensure optimal transformer performance and longevity in the evolving energy landscape.

Europe Distribution Transformer Market Analysis

Europe Distribution Transformer Market Size, By Winding, 2022 - 2032 (USD Billion)

Two-winding distribution transformers market accounted for over 52% of the market share in 2023. These transformers offer several advantages, including simplified design, reduced cost, and enhanced efficiency in power distribution networks. Their versatility in various applications, coupled with improved reliability and performance, has driven their increased demand. Moreover, two-winding configuration transformers accommodate evolving grid requirements, facilitating seamless integration of renewable energy sources. As a result, they continue to dominate the market and are poised for further expansion in the region.

Europe Distribution Transformer Market Share, By Installation, 2023

Europe distribution transformer market from outdoor installation is estimated to grow at a CAGR of over 9.5% through 2032. Outdoor installation offers numerous advantages, including reduced space requirements, lower installation costs, and simplified maintenance compared to indoor installations. Outdoor transformers also provide enhanced ventilation and cooling, improving their efficiency and lifespan. Additionally, outdoor installations are better suited to withstand harsh environmental conditions, ensuring reliable performance in diverse settings. With increasing emphasis on expanding electricity infrastructure and grid modernization initiatives across Europe, the demand for outdoor installation distribution transformers continues to surge, driving the market growth in this segment.

France Distribution Transformer Market Size, 2022 – 2032 (USD Billion)

France distribution transformer market is projected to surpass USD 2.2 billion by 2032. The growth of the distribution transformer market in France is driven by several factors. These include the country's ambitious renewable energy targets, government initiatives promoting energy efficiency and grid modernization, and the increasing demand for electricity in various sectors including residential, commercial, and industrial. Additionally, R&D, and technological advancements across digital technologies including smart grid integration and the adoption of eco-friendly transformer solutions, further propel market expansion in France.

Europe Distribution Transformer Market Share

Company Market Share Analysis, 2023, (%)

Siemens holds a substantial market share in the Europe distribution transformer industry due to its extensive product portfolio, advanced technology offerings, and strong presence in key European markets. With a reputation for reliability and innovation, Siemens remains a top choice for customers seeking high-quality distribution transformer solutions.

Europe Distribution Transformer Market Companies

Some of the key participants operating across the Europe distribution transformer industry are:

  • ABB
  • CG Power & Industrial Solutions Ltd.
  • Elsewedy Electric
  • Eaton Corporation
  • General Electric
  • Hitachi Energy Ltd.
  • IEO Transformers
  • Mitsubishi Electric Corporation
  • Siemens
  • Schneider Electric
  • Toshiba Energy Systems & Solutions Corporation

Europe Distribution Transformer Industry News

  • In July 2021, Ormazabal supplied its inaugural 1,000 kVA Tier 2 transformer to power SOREGIES headquarters in Vienne, France. This unit, easily accessible, facilitates the expansion of the MV switchgear for PV energy management and allows for future installation of photovoltaic panels on parking shades and building roofs. This initiative broadened Ormazabal's market presence in Europe and enhanced its standing in the transformer industry. In addition, Ormazabal's provision of the 1,000 kVA Tier 2 transformer underscores its commitment to advancing sustainable energy solutions and supporting the transition towards renewable energy sources in Europe.
  • In January 2020, GE Renewable Energy's Grid Solutions, EDF Renewables, and ESB secured a multi-million-dollar wind farm project. The project involves onshore and offshore substation equipment, including power reactors, transformers, STATCOM, gas-insulated switchgear at 66kV, 220kV, and 400kV, power quality components, SCADA, protection and control, and telecommunication systems. The collaboration among GE Renewable Energy's Grid Solutions, EDF Renewables, and ESB underscores the industry's concerted efforts to expand renewable energy infrastructure and address the growing demand for sustainable power solutions worldwide.

This market research report on Europe distribution transformer includes an in–depth coverage of the industry with estimates & forecast in terms of units and revenue in ‘000 Units and USD Million from 2019 to 2032, for the following segments:

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Market, By Core

  • Closed
  • Shell
  • Berry

Market, By Winding

  • Two - Winding
  • Auto - Transformer

Market, By Installation

  • Outdoor
  • Indoor

Market, By Cooling

  • Dry Type
    • Self Air
    • Air Blast
  • Oil Immersed
    • Self Cooled
    • Water Cooled
    • Forced Oil
    • Others

Market, By Insulation

  • Gas
  • Oil
  • Solid
  • Air
  • Others

Market, By Phase

  • Single Phase
  • Three Phase

Market, By Rating

  • ≤ 2.5 MVA
  • 2.6 MVA to 10 MVA
  • > 10 MVA

Market, By Mounting

  • Pad
  • Pole
  • Others

Market, By Application

  • Residential & Commercial
  • Utility
  • Industrial

The above information has been provided for the following countries:

  • Germany
  • France
  • Russia
  • UK
  • Italy
  • Spain
  • Netherlands


Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

European market for distribution transformer was reached USD 6.5 billion in 2023 and is expected to record a CAGR of over 10.6% through 2032, driven by increased urbanization and industrialization.

Two-winding distribution transformers segment in Europe accounted for 52% market share in 2023, backed by simplified design, reduced cost, and enhanced efficiency in power distribution networks.

France distribution transformer market is projected to be worth over USD 2.2 billion by 2032, favored by country's ambitious renewable energy targets, government initiatives promoting energy efficiency, and grid modernization.

ABB, CG Power & Industrial Solutions Ltd., Elsewedy Electric, Eaton Corporation, General Electric, HYOSUNG HEAVY INDUSTRIES, Hitachi Energy Ltd., IMEFY GROUP, IEO Transformers, Mitsubishi Electric Corporation, ORMAZABAL, Siemens, SGB SMIT, and Schneider Electric.

Europe Distribution Transformer Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 786
  • Countries covered: 7
  • Pages: 570
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