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Global MV-Transformers Market Research Report 2025
Synopsis
The MV-Transformer is a type of transformer, generally, the input voltage is between 1KV~10KV, which can provide the final voltage transformation in the distribution system, reducing the voltage used in the distribution line to the level used by the customer.
Global MV-Transformers market is projected to reach US$ 16300 million in 2029, increasing from US$ 11710 million in 2022, with the CAGR of 4.6% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole MV-Transformers market research.
Instead of using fossil fuels to run generators, most end users are turning to other types of electricity or energy sources. All types of electrical end customers are increasingly interested in these alternative energy sources, including solar panels, wind turbines, and more. Adoption of these renewable energy sources in many countries is expected to drive the market for medium voltage transformers used in power transmission and distribution. Self-regulating, self-contained smart transformers are gaining popularity. Medium voltage transformers are designed to communicate with the user and provide data and insights about the power supply while maintaining voltage regulation. Increasing applicability across sectors, stations, grids, control panels, and switchgear for metering and safety purposes increases the demand for medium-sized power transformers. Energy consumption is growing due to rapid urbanization in emerging countries and the expansion of transmission and distribution (T&D) networks to incorporate renewable energy. Moreover, significant changes are being made in the transmission and distribution system to reduce losses, which requires upgrading of electrical components such as medium voltage transformers, which is likely to drive the demand for medium voltage transformers. Dependence on fossil resources and carbon emissions are also rapidly increasing. Therefore, to reduce this dependence, the use of renewable energy is encouraged. Many countries are planning to adopt these renewable energy sources, which is expected to increase the demand for transmission and distribution medium voltage transformers.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global MV-Transformers market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Schneider Electric
Siemens
ABB
General Electric
Fuji Electric
Hitachi
Eaton
Mitsubishi Electric
CG Power & Industrial Solutions
Fortune Electric
Schaffner Holding
Hammond Power Solutions
Kirloskar Electric
MGM Transformer
Amran
Jinpan
Koncar
Panasonic
Honeywell
Emersion
Alston
Segment by Type
Single-Phase Medium Voltage Transformers
Three-Phase Medium Voltage Transformers
Segment by Application
Commercial Building
Residential
Civil Infrastructure
IT - Data & Server Centers
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
The MV-Transformers report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
The MV-Transformer is a type of transformer, generally, the input voltage is between 1KV~10KV, which can provide the final voltage transformation in the distribution system, reducing the voltage used in the distribution line to the level used by the customer.
Global MV-Transformers market is projected to reach US$ 16300 million in 2029, increasing from US$ 11710 million in 2022, with the CAGR of 4.6% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole MV-Transformers market research.
Instead of using fossil fuels to run generators, most end users are turning to other types of electricity or energy sources. All types of electrical end customers are increasingly interested in these alternative energy sources, including solar panels, wind turbines, and more. Adoption of these renewable energy sources in many countries is expected to drive the market for medium voltage transformers used in power transmission and distribution. Self-regulating, self-contained smart transformers are gaining popularity. Medium voltage transformers are designed to communicate with the user and provide data and insights about the power supply while maintaining voltage regulation. Increasing applicability across sectors, stations, grids, control panels, and switchgear for metering and safety purposes increases the demand for medium-sized power transformers. Energy consumption is growing due to rapid urbanization in emerging countries and the expansion of transmission and distribution (T&D) networks to incorporate renewable energy. Moreover, significant changes are being made in the transmission and distribution system to reduce losses, which requires upgrading of electrical components such as medium voltage transformers, which is likely to drive the demand for medium voltage transformers. Dependence on fossil resources and carbon emissions are also rapidly increasing. Therefore, to reduce this dependence, the use of renewable energy is encouraged. Many countries are planning to adopt these renewable energy sources, which is expected to increase the demand for transmission and distribution medium voltage transformers.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global MV-Transformers market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Schneider Electric
Siemens
ABB
General Electric
Fuji Electric
Hitachi
Eaton
Mitsubishi Electric
CG Power & Industrial Solutions
Fortune Electric
Schaffner Holding
Hammond Power Solutions
Kirloskar Electric
MGM Transformer
Amran
Jinpan
Koncar
Panasonic
Honeywell
Emersion
Alston
Segment by Type
Single-Phase Medium Voltage Transformers
Three-Phase Medium Voltage Transformers
Segment by Application
Commercial Building
Residential
Civil Infrastructure
IT - Data & Server Centers
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
The MV-Transformers report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 MV-Transformers Market Overview
1.1 Product Definition
1.2 MV-Transformers Segment by Type
1.2.1 Global MV-Transformers Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Single-Phase Medium Voltage Transformers
1.2.3 Three-Phase Medium Voltage Transformers
1.3 MV-Transformers Segment by Application
1.3.1 Global MV-Transformers Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Commercial Building
1.3.3 Residential
1.3.4 Civil Infrastructure
1.3.5 IT - Data & Server Centers
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global MV-Transformers Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global MV-Transformers Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global MV-Transformers Production Estimates and Forecasts (2018-2029)
1.4.4 Global MV-Transformers Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global MV-Transformers Production Market Share by Manufacturers (2018-2023)
2.2 Global MV-Transformers Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of MV-Transformers, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global MV-Transformers Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global MV-Transformers Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of MV-Transformers, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of MV-Transformers, Product Offered and Application
2.8 Global Key Manufacturers of MV-Transformers, Date of Enter into This Industry
2.9 MV-Transformers Market Competitive Situation and Trends
2.9.1 MV-Transformers Market Concentration Rate
2.9.2 Global 5 and 10 Largest MV-Transformers Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 MV-Transformers Production by Region
3.1 Global MV-Transformers Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global MV-Transformers Production Value by Region (2018-2029)
3.2.1 Global MV-Transformers Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of MV-Transformers by Region (2024-2029)
3.3 Global MV-Transformers Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global MV-Transformers Production by Region (2018-2029)
3.4.1 Global MV-Transformers Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of MV-Transformers by Region (2024-2029)
3.5 Global MV-Transformers Market Price Analysis by Region (2018-2023)
3.6 Global MV-Transformers Production and Value, Year-over-Year Growth
3.6.1 North America MV-Transformers Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe MV-Transformers Production Value Estimates and Forecasts (2018-2029)
3.6.3 China MV-Transformers Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan MV-Transformers Production Value Estimates and Forecasts (2018-2029)
4 MV-Transformers Consumption by Region
4.1 Global MV-Transformers Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global MV-Transformers Consumption by Region (2018-2029)
4.2.1 Global MV-Transformers Consumption by Region (2018-2023)
4.2.2 Global MV-Transformers Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America MV-Transformers Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America MV-Transformers Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe MV-Transformers Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe MV-Transformers Consumption by Country (2018-2029)
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 MV-Transformers Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific MV-Transformers Consumption by Region (2018-2029)
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 MV-Transformers Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa MV-Transformers Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global MV-Transformers Production by Type (2018-2029)
5.1.1 Global MV-Transformers Production by Type (2018-2023)
5.1.2 Global MV-Transformers Production by Type (2024-2029)
5.1.3 Global MV-Transformers Production Market Share by Type (2018-2029)
5.2 Global MV-Transformers Production Value by Type (2018-2029)
5.2.1 Global MV-Transformers Production Value by Type (2018-2023)
5.2.2 Global MV-Transformers Production Value by Type (2024-2029)
5.2.3 Global MV-Transformers Production Value Market Share by Type (2018-2029)
5.3 Global MV-Transformers Price by Type (2018-2029)
6 Segment by Application
6.1 Global MV-Transformers Production by Application (2018-2029)
6.1.1 Global MV-Transformers Production by Application (2018-2023)
6.1.2 Global MV-Transformers Production by Application (2024-2029)
6.1.3 Global MV-Transformers Production Market Share by Application (2018-2029)
6.2 Global MV-Transformers Production Value by Application (2018-2029)
6.2.1 Global MV-Transformers Production Value by Application (2018-2023)
6.2.2 Global MV-Transformers Production Value by Application (2024-2029)
6.2.3 Global MV-Transformers Production Value Market Share by Application (2018-2029)
6.3 Global MV-Transformers Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Schneider Electric
7.1.1 Schneider Electric MV-Transformers Corporation Information
7.1.2 Schneider Electric MV-Transformers Product Portfolio
7.1.3 Schneider Electric MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Schneider Electric Main Business and Markets Served
7.1.5 Schneider Electric Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens MV-Transformers Corporation Information
7.2.2 Siemens MV-Transformers Product Portfolio
7.2.3 Siemens MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 ABB
7.3.1 ABB MV-Transformers Corporation Information
7.3.2 ABB MV-Transformers Product Portfolio
7.3.3 ABB MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.3.4 ABB Main Business and Markets Served
7.3.5 ABB Recent Developments/Updates
7.4 General Electric
7.4.1 General Electric MV-Transformers Corporation Information
7.4.2 General Electric MV-Transformers Product Portfolio
7.4.3 General Electric MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.4.4 General Electric Main Business and Markets Served
7.4.5 General Electric Recent Developments/Updates
7.5 Fuji Electric
7.5.1 Fuji Electric MV-Transformers Corporation Information
7.5.2 Fuji Electric MV-Transformers Product Portfolio
7.5.3 Fuji Electric MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Fuji Electric Main Business and Markets Served
7.5.5 Fuji Electric Recent Developments/Updates
7.6 Hitachi
7.6.1 Hitachi MV-Transformers Corporation Information
7.6.2 Hitachi MV-Transformers Product Portfolio
7.6.3 Hitachi MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Hitachi Main Business and Markets Served
7.6.5 Hitachi Recent Developments/Updates
7.7 Eaton
7.7.1 Eaton MV-Transformers Corporation Information
7.7.2 Eaton MV-Transformers Product Portfolio
7.7.3 Eaton MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Eaton Main Business and Markets Served
7.7.5 Eaton Recent Developments/Updates
7.8 Mitsubishi Electric
7.8.1 Mitsubishi Electric MV-Transformers Corporation Information
7.8.2 Mitsubishi Electric MV-Transformers Product Portfolio
7.8.3 Mitsubishi Electric MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Mitsubishi Electric Main Business and Markets Served
7.7.5 Mitsubishi Electric Recent Developments/Updates
7.9 CG Power & Industrial Solutions
7.9.1 CG Power & Industrial Solutions MV-Transformers Corporation Information
7.9.2 CG Power & Industrial Solutions MV-Transformers Product Portfolio
7.9.3 CG Power & Industrial Solutions MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.9.4 CG Power & Industrial Solutions Main Business and Markets Served
7.9.5 CG Power & Industrial Solutions Recent Developments/Updates
7.10 Fortune Electric
7.10.1 Fortune Electric MV-Transformers Corporation Information
7.10.2 Fortune Electric MV-Transformers Product Portfolio
7.10.3 Fortune Electric MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Fortune Electric Main Business and Markets Served
7.10.5 Fortune Electric Recent Developments/Updates
7.11 Schaffner Holding
7.11.1 Schaffner Holding MV-Transformers Corporation Information
7.11.2 Schaffner Holding MV-Transformers Product Portfolio
7.11.3 Schaffner Holding MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Schaffner Holding Main Business and Markets Served
7.11.5 Schaffner Holding Recent Developments/Updates
7.12 Hammond Power Solutions
7.12.1 Hammond Power Solutions MV-Transformers Corporation Information
7.12.2 Hammond Power Solutions MV-Transformers Product Portfolio
7.12.3 Hammond Power Solutions MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Hammond Power Solutions Main Business and Markets Served
7.12.5 Hammond Power Solutions Recent Developments/Updates
7.13 Kirloskar Electric
7.13.1 Kirloskar Electric MV-Transformers Corporation Information
7.13.2 Kirloskar Electric MV-Transformers Product Portfolio
7.13.3 Kirloskar Electric MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Kirloskar Electric Main Business and Markets Served
7.13.5 Kirloskar Electric Recent Developments/Updates
7.14 MGM Transformer
7.14.1 MGM Transformer MV-Transformers Corporation Information
7.14.2 MGM Transformer MV-Transformers Product Portfolio
7.14.3 MGM Transformer MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.14.4 MGM Transformer Main Business and Markets Served
7.14.5 MGM Transformer Recent Developments/Updates
7.15 Amran
7.15.1 Amran MV-Transformers Corporation Information
7.15.2 Amran MV-Transformers Product Portfolio
7.15.3 Amran MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Amran Main Business and Markets Served
7.15.5 Amran Recent Developments/Updates
7.16 Jinpan
7.16.1 Jinpan MV-Transformers Corporation Information
7.16.2 Jinpan MV-Transformers Product Portfolio
7.16.3 Jinpan MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.16.4 Jinpan Main Business and Markets Served
7.16.5 Jinpan Recent Developments/Updates
7.17 Koncar
7.17.1 Koncar MV-Transformers Corporation Information
7.17.2 Koncar MV-Transformers Product Portfolio
7.17.3 Koncar MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.17.4 Koncar Main Business and Markets Served
7.17.5 Koncar Recent Developments/Updates
7.18 Panasonic
7.18.1 Panasonic MV-Transformers Corporation Information
7.18.2 Panasonic MV-Transformers Product Portfolio
7.18.3 Panasonic MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.18.4 Panasonic Main Business and Markets Served
7.18.5 Panasonic Recent Developments/Updates
7.19 Honeywell
7.19.1 Honeywell MV-Transformers Corporation Information
7.19.2 Honeywell MV-Transformers Product Portfolio
7.19.3 Honeywell MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.19.4 Honeywell Main Business and Markets Served
7.19.5 Honeywell Recent Developments/Updates
7.20 Emersion
7.20.1 Emersion MV-Transformers Corporation Information
7.20.2 Emersion MV-Transformers Product Portfolio
7.20.3 Emersion MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.20.4 Emersion Main Business and Markets Served
7.20.5 Emersion Recent Developments/Updates
7.21 Alston
7.21.1 Alston MV-Transformers Corporation Information
7.21.2 Alston MV-Transformers Product Portfolio
7.21.3 Alston MV-Transformers Production, Value, Price and Gross Margin (2018-2023)
7.21.4 Alston Main Business and Markets Served
7.21.5 Alston Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 MV-Transformers Industry Chain Analysis
8.2 MV-Transformers Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 MV-Transformers Production Mode & Process
8.4 MV-Transformers Sales and Marketing
8.4.1 MV-Transformers Sales Channels
8.4.2 MV-Transformers Distributors
8.5 MV-Transformers Customers
9 MV-Transformers Market Dynamics
9.1 MV-Transformers Industry Trends
9.2 MV-Transformers Market Drivers
9.3 MV-Transformers Market Challenges
9.4 MV-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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