Home > Energy & Power > Electrical Equipment > Transformers > Pad Mounted Transformer Market

Pad Mounted Transformer Market Share

  • Report ID: GMI5492
  • Published Date: Mar 2023
  • Report Format: PDF

Pad Mounted Transformer Market Share

Top participants operating in the global pad mounted transformer market are ABB,

  • Eaton Corporation
  • General Electric
  • Schneider Electric
  • Hitachi Energy Ltd.
  • Siemens Energy,
  • WEG
  • Olsun Electrics Corporation
  • Sunbelt Solomon
  • Rockwill Electric Group Co., Ltd
  • Pearl Electric Co., Ltd
  •  Servokon Systems Ltd.
  • ELSCO
  • Jiangshan Scotech Electrical Co.
  •  Southwest Electric Co.

These firms are engaging in production capacity expansion tactics to attain a competitive edge. For instance, in May 2022, Hitachi Energy, a power technologies and energy systems provider, extended its distribution transformer office in Missouri to increase capacity and upgrade its manufacturing abilities. The manufacturing plant produces pad-mounted, liquid-filled, and submersible distribution transformers for electric grids, industrial offices, and business structures

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of pad mounted transformer surpassed USD 18.5 billion in 2022 and is primed to progress at over 7% gains through 2032 propelled by favorable regulatory policies and schemes toward the refurbishment of conventional technologies

The > 1 MVA -10 MVA rating segment reached over USD 5 billion in 2022 as privately owned substations are increasingly used to supply power to factories and commercial buildings.

The industrial segment is poised to progress at 6.5% CAGR through 2032 owing to the rise of the cross-border electrical distribution network and the rising awareness for energy-efficient electricity corridors.

The North America market is slated to grow at more than 6% CAGR over 2023-2032 as a result of the favorable regulatory framework for the integration of sustainable grids, together with the funding support offered by respective national utility companies in the region.

Pad Mounted Transformer Market Scope

Buy Now


Premium Report Details

  • Base Year: 2022
  • Companies covered: 17
  • Tables & Figures: 933
  • Countries covered: 24
  • Pages: 400
 Download Free Sample