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Europe Oil Filled Transformer Market Share

  • Report ID: GMI5473
  • Published Date: Mar 2023
  • Report Format: PDF

Europe Oil Filled Transformer Market Share

Leading participants operating in the oil filled transformer market in Europe are

  • General Electric
  • Schneider Electric
  • Eaton Corporation
  • Siemens Energy
  • Hyosung Heavy Industries
  • Toshiba Corporation
  • CG Power & Industrial Solutions Ltd.
  • Elsewedy Electric
  • Ormazabal
  • Elettromeccanica Colombo s.a.s

These firms majorly engage in product innovation and strategic partnership deals to achieve a competitive edge in the market. For instance, in November 2022, Elsewedy Electric, an Egyptian energy firm, opened its phase two industrial complex transformer factory for regional manufacturing & exporting of wires, insulators, cables, meters, logistics centers, and transformers in Africa & Tanzania.

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of Europe oil filled transformer crossed USD 5 billion in 2022 and is primed to progress at over 7.5% CAGR through 2032 propelled by the refurbishment of existing grid networks and government initiatives to expand energy availability in rural areas.

The distribution transformer segment is poised to grow at 9% CAGR from 2023 to 2032 as a result of growing investments in uplifting distribution networks to electrify remote areas.

The oil natural water forced (ONWF) segment is anticipated to reach a valuation of USD 740 million by 2032 owing to the availability of ONWF in compact and simple designs enabling easy installation and maintenance.

The France industry held over 16% of the revenue share in 2022 on account of notable funding and investment plans from foreign and private participants to increase the level of electrification in the country.

Europe Oil Filled Transformer Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 605
  • Countries covered: 7
  • Pages: 350
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