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Europe Oil Filled Distribution Transformer Market Analysis

  • Report ID: GMI2475
  • Published Date: Aug 2023
  • Report Format: PDF

Europe Oil Filled Distribution Transformer Market Analysis

Growing significant emphasis on energy efficiency and reduced environmental impact along with region's evolving energy landscape and sustainability goals will complement the industry landscape. European countries are increasingly replacing older transformers with more energy-efficient models that meet stringent eco-friendly standards. This drive towards eco-friendly transformers not only lowers energy losses but also aligns with the continent's commitment to reducing greenhouse gas emissions.
 

Shell core transformers market have witnessed a significant surge in market adoption due to their enhanced efficiency and cost-effectiveness when compared to conventional closed-core transformers. These transformers stand out for their superior kVA-to-weight ratios, improved short-circuit strength attributes, and heightened resistance to damage during transportation. Moreover, the flexibility offered by advanced shell core transformer products, coupled with the integration of smart monitoring units, has further accelerated Europe oil filled distribution transformer market.
 

Two-winding transformer units have historically held a substantial presence within traditional electrical networks, the introduction of advanced transformer technologies has posed challenges to their continued adoption. In addition, the increasing technological maturity and swift functional advancements in the industry may potentially limit future adoption rates. Nevertheless, these transformers continue to maintain a notable share in the market due to their widespread usability, especially for high-power applications.
 

Europe Oil Filled Distribution Transformer Market  Revenue Share, By Rating, (2022)

Transformers rated between > 250 kVA to ≤ 1 MVA is projected to grow at a 5% growth through 2032, owing to the expansion of the commercial and industrial sectors. The increasing demand for manufactured goods, coupled with the adaptability of secondary and primary distribution networks, is estimated to fuel industry growth. Furthermore, the imperative focus on operational safety and compliance with energy efficiency standards is poised to significantly enhance the business landscape. Ongoing research endeavours aimed at creating sustainable transformer units, combined with stringent manufacturing regulations in the region, are anticipated to further boost the Europe oil filled distribution transformer market development.
 

Pole-mounted transformers are defined as units that are mounted on an electrical service pole made of concrete or wood and are generally at the level of the overhead cables. Ease of installation on single pole structures & compact size will strengthen the product adoption, thereby minimizing vandalism and reducing the risk of injury to animals. These transformers have gained considerable market penetration owing to their ability to service rural and urban residential & commercial loads.
 

Germany Oil Filled Distribution Transformer Market Size, 2021 – 2032 (USD Million)

The Germany oil filled distribution transformer market is likely to observe gains at nearly 9% up to 2032. The growth of the Germany market is expected to be boosted by a surge in electricity demand and increased efforts to expand grid networks. Countries including China and India are This country is seen as a promising market as it continues to modernize and expand its current power capacities and infrastructure. Increasing concerns about grid safety and reliability, coupled with government support for the development of sustainable networks, will further enhance the industry's prospects.
 

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of oil filled distribution transformer in Europe was exceeded USD 2.9 billion in 2022 and is anticipated to reach USD 7.1 billion by 2032, owing to the ongoing investments in utility-based enterprises aimed at meeting the growing electricity demand which is expected to drive the product adoption.

The Europe oil filled distribution transformer market from the transformers rated between > 250 kVA to ? 1 MVA segment is poised to witness 5% CAGR from through 2032, driven by the expansion of the commercial and industrial sectors coupled with the adaptability of these transformers in both secondary and primary distribution networks.

The Germany oil filled distribution transformer industry is projected to expand at a notable rate of more than 9% through 2032, driven by the surging electricity demand and increased efforts to expand grid networks.

Hitachi ABB Power Grids, Siemens, General Electric, Toshiba Corporation, Hyosung Heavy Industries, ERMCO, Schneider Electric, and Eaton, among others.

Europe Oil Filled Distribution Transformer Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 312
  • Countries covered: 5
  • Pages: 270
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