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Global Cast Resin Transformers Market Research Report 2024
Synopsis
Cast-resin power transformers encase the windings in epoxy resin. These transformers simplify installation since they are dry, without cooling oil, and so require no fire-proof vault for indoor installations. The epoxy protects the windings from dust and corrosive atmospheres.Cast-resin power transformers encase the windings in epoxy resin. These transformers simplify installation since they are dry, without cooling oil, and so require no fire-proof vault for indoor installations. The epoxy protects the windings from dust and corrosive atmospheres.
The global Cast Resin Transformers market was valued at US$ 4258.4 million in 2023 and is anticipated to reach US$ 5816.3 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
Global economic growth, increased demand for electricity, expansion of power stations in developing countries and many other factors will drive the transformer market.In the past two decades, the United States and Germany have gradually developed and matured a new generation of environmentally-friendly impregnated dry-type transformers.
This report aims to provide a comprehensive presentation of the global market for Cast Resin Transformers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cast Resin Transformers.
Report Scope
The Cast Resin Transformers market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Cast Resin Transformers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cast Resin Transformers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Siemens
Schneider Electric
GE
JSHP Transformer
TBEA
Legrand
SGB-SMIT Group
TOSHIBA
Fuji Electric
Jinpan International
WEG
Efacec
Sunten Electric
Hyosung Heavy Industries
Jinshanmen
Imefy
Hammond Power Solutions
Hitachi
Voltamp Transformers
Segment by Type
0-500KVA
500-1000 KVA
1000-2000 KVA
Above2000 KVA
Segment by Application
Urban Power Grid
Transportation
Industry
Energy and Smelting
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Cast Resin Transformers manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Cast Resin Transformers by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Cast Resin Transformers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Cast-resin power transformers encase the windings in epoxy resin. These transformers simplify installation since they are dry, without cooling oil, and so require no fire-proof vault for indoor installations. The epoxy protects the windings from dust and corrosive atmospheres.Cast-resin power transformers encase the windings in epoxy resin. These transformers simplify installation since they are dry, without cooling oil, and so require no fire-proof vault for indoor installations. The epoxy protects the windings from dust and corrosive atmospheres.
The global Cast Resin Transformers market was valued at US$ 4258.4 million in 2023 and is anticipated to reach US$ 5816.3 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
Global economic growth, increased demand for electricity, expansion of power stations in developing countries and many other factors will drive the transformer market.In the past two decades, the United States and Germany have gradually developed and matured a new generation of environmentally-friendly impregnated dry-type transformers.
This report aims to provide a comprehensive presentation of the global market for Cast Resin Transformers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cast Resin Transformers.
Report Scope
The Cast Resin Transformers market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Cast Resin Transformers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cast Resin Transformers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Siemens
Schneider Electric
GE
JSHP Transformer
TBEA
Legrand
SGB-SMIT Group
TOSHIBA
Fuji Electric
Jinpan International
WEG
Efacec
Sunten Electric
Hyosung Heavy Industries
Jinshanmen
Imefy
Hammond Power Solutions
Hitachi
Voltamp Transformers
Segment by Type
0-500KVA
500-1000 KVA
1000-2000 KVA
Above2000 KVA
Segment by Application
Urban Power Grid
Transportation
Industry
Energy and Smelting
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Cast Resin Transformers manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Cast Resin Transformers by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Cast Resin Transformers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Cast Resin Transformers Market Overview
1.1 Product Definition
1.2 Cast Resin Transformers Segment by Type
1.2.1 Global Cast Resin Transformers Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 0-500KVA
1.2.3 500-1000 KVA
1.2.4 1000-2000 KVA
1.2.5 Above2000 KVA
1.3 Cast Resin Transformers Segment by Application
1.3.1 Global Cast Resin Transformers Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Urban Power Grid
1.3.3 Transportation
1.3.4 Industry
1.3.5 Energy and Smelting
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Cast Resin Transformers Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Cast Resin Transformers Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Cast Resin Transformers Production Estimates and Forecasts (2019-2030)
1.4.4 Global Cast Resin Transformers Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Cast Resin Transformers Production Market Share by Manufacturers (2019-2024)
2.2 Global Cast Resin Transformers Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Cast Resin Transformers, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Cast Resin Transformers Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Cast Resin Transformers Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Cast Resin Transformers, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Cast Resin Transformers, Product Offered and Application
2.8 Global Key Manufacturers of Cast Resin Transformers, Date of Enter into This Industry
2.9 Cast Resin Transformers Market Competitive Situation and Trends
2.9.1 Cast Resin Transformers Market Concentration Rate
2.9.2 Global 5 and 10 Largest Cast Resin Transformers Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Cast Resin Transformers Production by Region
3.1 Global Cast Resin Transformers Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Cast Resin Transformers Production Value by Region (2019-2030)
3.2.1 Global Cast Resin Transformers Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Cast Resin Transformers by Region (2025-2030)
3.3 Global Cast Resin Transformers Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Cast Resin Transformers Production by Region (2019-2030)
3.4.1 Global Cast Resin Transformers Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Cast Resin Transformers by Region (2025-2030)
3.5 Global Cast Resin Transformers Market Price Analysis by Region (2019-2024)
3.6 Global Cast Resin Transformers Production and Value, Year-over-Year Growth
3.6.1 North America Cast Resin Transformers Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Cast Resin Transformers Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Cast Resin Transformers Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Cast Resin Transformers Production Value Estimates and Forecasts (2019-2030)
4 Cast Resin Transformers Consumption by Region
4.1 Global Cast Resin Transformers Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Cast Resin Transformers Consumption by Region (2019-2030)
4.2.1 Global Cast Resin Transformers Consumption by Region (2019-2024)
4.2.2 Global Cast Resin Transformers Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Cast Resin Transformers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Cast Resin Transformers Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Cast Resin Transformers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Cast Resin Transformers Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Cast Resin Transformers Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Cast Resin Transformers Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Cast Resin Transformers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Cast Resin Transformers Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Cast Resin Transformers Production by Type (2019-2030)
5.1.1 Global Cast Resin Transformers Production by Type (2019-2024)
5.1.2 Global Cast Resin Transformers Production by Type (2025-2030)
5.1.3 Global Cast Resin Transformers Production Market Share by Type (2019-2030)
5.2 Global Cast Resin Transformers Production Value by Type (2019-2030)
5.2.1 Global Cast Resin Transformers Production Value by Type (2019-2024)
5.2.2 Global Cast Resin Transformers Production Value by Type (2025-2030)
5.2.3 Global Cast Resin Transformers Production Value Market Share by Type (2019-2030)
5.3 Global Cast Resin Transformers Price by Type (2019-2030)
6 Segment by Application
6.1 Global Cast Resin Transformers Production by Application (2019-2030)
6.1.1 Global Cast Resin Transformers Production by Application (2019-2024)
6.1.2 Global Cast Resin Transformers Production by Application (2025-2030)
6.1.3 Global Cast Resin Transformers Production Market Share by Application (2019-2030)
6.2 Global Cast Resin Transformers Production Value by Application (2019-2030)
6.2.1 Global Cast Resin Transformers Production Value by Application (2019-2024)
6.2.2 Global Cast Resin Transformers Production Value by Application (2025-2030)
6.2.3 Global Cast Resin Transformers Production Value Market Share by Application (2019-2030)
6.3 Global Cast Resin Transformers Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Cast Resin Transformers Corporation Information
7.1.2 ABB Cast Resin Transformers Product Portfolio
7.1.3 ABB Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens Cast Resin Transformers Corporation Information
7.2.2 Siemens Cast Resin Transformers Product Portfolio
7.2.3 Siemens Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 Schneider Electric
7.3.1 Schneider Electric Cast Resin Transformers Corporation Information
7.3.2 Schneider Electric Cast Resin Transformers Product Portfolio
7.3.3 Schneider Electric Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Schneider Electric Main Business and Markets Served
7.3.5 Schneider Electric Recent Developments/Updates
7.4 GE
7.4.1 GE Cast Resin Transformers Corporation Information
7.4.2 GE Cast Resin Transformers Product Portfolio
7.4.3 GE Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.4.4 GE Main Business and Markets Served
7.4.5 GE Recent Developments/Updates
7.5 JSHP Transformer
7.5.1 JSHP Transformer Cast Resin Transformers Corporation Information
7.5.2 JSHP Transformer Cast Resin Transformers Product Portfolio
7.5.3 JSHP Transformer Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.5.4 JSHP Transformer Main Business and Markets Served
7.5.5 JSHP Transformer Recent Developments/Updates
7.6 TBEA
7.6.1 TBEA Cast Resin Transformers Corporation Information
7.6.2 TBEA Cast Resin Transformers Product Portfolio
7.6.3 TBEA Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.6.4 TBEA Main Business and Markets Served
7.6.5 TBEA Recent Developments/Updates
7.7 Legrand
7.7.1 Legrand Cast Resin Transformers Corporation Information
7.7.2 Legrand Cast Resin Transformers Product Portfolio
7.7.3 Legrand Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Legrand Main Business and Markets Served
7.7.5 Legrand Recent Developments/Updates
7.8 SGB-SMIT Group
7.8.1 SGB-SMIT Group Cast Resin Transformers Corporation Information
7.8.2 SGB-SMIT Group Cast Resin Transformers Product Portfolio
7.8.3 SGB-SMIT Group Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.8.4 SGB-SMIT Group Main Business and Markets Served
7.7.5 SGB-SMIT Group Recent Developments/Updates
7.9 TOSHIBA
7.9.1 TOSHIBA Cast Resin Transformers Corporation Information
7.9.2 TOSHIBA Cast Resin Transformers Product Portfolio
7.9.3 TOSHIBA Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.9.4 TOSHIBA Main Business and Markets Served
7.9.5 TOSHIBA Recent Developments/Updates
7.10 Fuji Electric
7.10.1 Fuji Electric Cast Resin Transformers Corporation Information
7.10.2 Fuji Electric Cast Resin Transformers Product Portfolio
7.10.3 Fuji Electric Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Fuji Electric Main Business and Markets Served
7.10.5 Fuji Electric Recent Developments/Updates
7.11 Jinpan International
7.11.1 Jinpan International Cast Resin Transformers Corporation Information
7.11.2 Jinpan International Cast Resin Transformers Product Portfolio
7.11.3 Jinpan International Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Jinpan International Main Business and Markets Served
7.11.5 Jinpan International Recent Developments/Updates
7.12 WEG
7.12.1 WEG Cast Resin Transformers Corporation Information
7.12.2 WEG Cast Resin Transformers Product Portfolio
7.12.3 WEG Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.12.4 WEG Main Business and Markets Served
7.12.5 WEG Recent Developments/Updates
7.13 Efacec
7.13.1 Efacec Cast Resin Transformers Corporation Information
7.13.2 Efacec Cast Resin Transformers Product Portfolio
7.13.3 Efacec Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Efacec Main Business and Markets Served
7.13.5 Efacec Recent Developments/Updates
7.14 Sunten Electric
7.14.1 Sunten Electric Cast Resin Transformers Corporation Information
7.14.2 Sunten Electric Cast Resin Transformers Product Portfolio
7.14.3 Sunten Electric Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Sunten Electric Main Business and Markets Served
7.14.5 Sunten Electric Recent Developments/Updates
7.15 Hyosung Heavy Industries
7.15.1 Hyosung Heavy Industries Cast Resin Transformers Corporation Information
7.15.2 Hyosung Heavy Industries Cast Resin Transformers Product Portfolio
7.15.3 Hyosung Heavy Industries Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Hyosung Heavy Industries Main Business and Markets Served
7.15.5 Hyosung Heavy Industries Recent Developments/Updates
7.16 Jinshanmen
7.16.1 Jinshanmen Cast Resin Transformers Corporation Information
7.16.2 Jinshanmen Cast Resin Transformers Product Portfolio
7.16.3 Jinshanmen Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Jinshanmen Main Business and Markets Served
7.16.5 Jinshanmen Recent Developments/Updates
7.17 Imefy
7.17.1 Imefy Cast Resin Transformers Corporation Information
7.17.2 Imefy Cast Resin Transformers Product Portfolio
7.17.3 Imefy Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Imefy Main Business and Markets Served
7.17.5 Imefy Recent Developments/Updates
7.18 Hammond Power Solutions
7.18.1 Hammond Power Solutions Cast Resin Transformers Corporation Information
7.18.2 Hammond Power Solutions Cast Resin Transformers Product Portfolio
7.18.3 Hammond Power Solutions Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Hammond Power Solutions Main Business and Markets Served
7.18.5 Hammond Power Solutions Recent Developments/Updates
7.19 Hitachi
7.19.1 Hitachi Cast Resin Transformers Corporation Information
7.19.2 Hitachi Cast Resin Transformers Product Portfolio
7.19.3 Hitachi Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Hitachi Main Business and Markets Served
7.19.5 Hitachi Recent Developments/Updates
7.20 Voltamp Transformers
7.20.1 Voltamp Transformers Cast Resin Transformers Corporation Information
7.20.2 Voltamp Transformers Cast Resin Transformers Product Portfolio
7.20.3 Voltamp Transformers Cast Resin Transformers Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Voltamp Transformers Main Business and Markets Served
7.20.5 Voltamp Transformers Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Cast Resin Transformers Industry Chain Analysis
8.2 Cast Resin Transformers Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Cast Resin Transformers Production Mode & Process
8.4 Cast Resin Transformers Sales and Marketing
8.4.1 Cast Resin Transformers Sales Channels
8.4.2 Cast Resin Transformers Distributors
8.5 Cast Resin Transformers Customers
9 Cast Resin Transformers Market Dynamics
9.1 Cast Resin Transformers Industry Trends
9.2 Cast Resin Transformers Market Drivers
9.3 Cast Resin Transformers Market Challenges
9.4 Cast Resin Transformers Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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