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Oil Filled Transformer Market Share

  • Report ID: GMI2951
  • Published Date: Dec 2022
  • Report Format: PDF

Oil Filled Transformer Market Share

Top companies operating in the oil filled transformer market are;

  • General Electric
  • Siemens Energy
  • Schneider Electric
  • Toshiba International Corporation
  • Elsewedy Electric
  • Eaton
  • CG Power & Industrial Solutions Ltd
  • Ormazabal
  • Hyosung Heavy Industries
  • Celme S.r.l
  • Fuji Electric Co Ltd
  • LS ELECTRIC Co Ltd
  • Elta? Transformatör San. ve Tic. A.
  •  Kitashiba Electric co ltd
  • Lemi Trafo Transformers
  • Mace Power Srl
  • Mettz Group
     

Rising energy demand, loss reduction, aging assets, and environmental concerns coupled with the dire need to eliminate unplanned power outages are propelling innovations in the global industry. For instance, in July 2019, Celme launched the Atex transformer specifically designed for oil & gas applications. The product is compliant with the IEC EN 60079 regulation & the new directive 94/9/EC and was installed on the wellhead platform in Singapore.

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of oil filled transformer crossed USD 37 billion in 2022 and is poised to depict more than 6.5% growth rate through 2032, on account of large-scale expansion of transmission networks to cater to the increasing electricity demand across off-grid areas.

The distribution transformer segment recorded over USD 17 billion in 2022 owing to features such as the capacity to deliver power with a high degree of capillarity.

Powered by the increasing need to refurbish and modernize the region’s aging grid infrastructure, the Europe market is poised to grow with a CAGR of over 7% through 2032.

The major companies operating in the industry include General Electric, Siemens Energy, Schneider Electric, Toshiba International Corporation, Elsewedy Electric, Eaton, CG Power & Industrial Solutions Ltd., Ormazabal, Fuji Electric Co., Ltd., LS ELECTRIC Co., Ltd., Elta? Transformatör San. ve Tic. A.?., Kitashiba Electric co., ltd, Lemi Trafo Transformers, Mace Power Srl, Mettz Group.

Oil Filled Transformer Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 17
  • Tables & Figures: 1790
  • Countries covered: 24
  • Pages: 750
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