Market by Type, Technology, Phase, Voltage, End-user, and Country | Forecast 2021-2028
According to Triton’s research report, Europe’s dry type transformer market is estimated to gather a CAGR of 6.84% based on revenue during the evaluated phase of 2021-2028.
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The
countries researched in this market include:
• The United Kingdom
• Spain
• Germany
• Italy
• France
• Russia
• Rest of Europe
Over
the years, Germany witnessed a decline in the use of nuclear power for energy
generation. Moreover, the country is anticipated to mitigate the use of fossil
fuels and increase the adoption of renewable resources for power generation.
Additionally, renewable energy sources have emerged as an essential source of
electricity, owing to the introduction of the Renewable Energy Sources Act.
Furthermore, the country plans to generate most of its electricity from
renewable sources by 2050, decreasing the carbon footprints. This growth will
ultimately increase the need for dry type transformers in renewable energy
plants, thereby positioning the dry type transformer market on a growth path
across Germany.
Likewise,
the French government planned to decrease its dependence on nuclear power
generation by 2025, which was later postponed to 2030. This was owing to the
risks associated with power supply shortages. Moreover, the need for new
generation capacities is anticipated to rise with the reduction in nuclear
capacity. Furthermore, several European utilities are expected to significantly
invest in upgrading their networks, including replacing old cables, deploying
smart meters, and others. This will further open lucrative opportunities for
the dry type transformer market across France over the next few years.
ABB
Ltd is one the leading in electrification products, robotics, industrial automation,
and power grids. It primarily serves consumers in utilities, industry, and
transport, among others. The company’s business segments consist of
electrification products, discrete motion, process automation, transformers,
and power grid. ABB offers dry type transformers under its transformers
segment. It has operations across several countries and is headquartered in
Switzerland.
1. EUROPE
DRY TYPE TRANSFORMER MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. KEY
INSIGHTS
2.1.1. INCREASING
POPULARITY OF BIO-BASED AND NAPHTHENIC TRANSFORMER OIL
2.1.2. DETERIORATION
OF TRANSFORMER OIL DUE TO MOISTURE INGRESS
2.2. IMPACT
OF COVID-19 ON DRY TYPE TRANSFORMER INDUSTRY
2.3. PORTERS
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS MATRIX
2.5. REGULATORY
POLICIES & FRAMEWORK
2.6. VENDOR
SCORECARD
2.7. KEY
MARKET STRATEGIES
2.7.1. CONTRACTS
& PARTNERSHIPS
2.7.2. ACQUISITIONS
& MERGERS
2.7.3. NEW
PRODUCT LAUNCHES
2.8. MARKET
DRIVERS
2.8.1. SURGE
IN DOMESTIC DEMAND FOR POWER
2.8.2. GROWTH
IN RENEWABLE ENERGY USE
2.8.3. INCREASING
ADOPTION OF SMART GRID AND GROWING SMART DISTRIBUTION NETWORKS
2.9. MARKET
CHALLENGES
2.9.1. ADOPTION
OF SOLID-STATE TRANSFORMERS
2.9.2. LIMITATIONS
OF DRY TYPE TRANSFORMERS
2.10. MARKET
OPPORTUNITIES
2.10.1. 3D
CORE DRY TYPE TRANSFORMER APPLICATIONS
2.10.2. DEVELOPMENT
OF DIGITAL DRY TRANSFORMERS
3. EUROPE
DRY TYPE TRANSFORMER MARKET – BY TYPE
3.1. DRY
TYPE CONVERTER TRANSFORMER
3.2. DRY
TYPE RECTIFIER TRANSFORMER
4. EUROPE
DRY TYPE TRANSFORMER MARKET - BY TECHNOLOGY
4.1. CAST RESIN
4.2. VACUUM
PRESSURE IMPREGNATED
5. EUROPE
DRY TYPE TRANSFORMER MARKET - BY PHASE
5.1. SINGLE-PHASE
5.2. THREE-PHASE
6. EUROPE
DRY TYPE TRANSFORMER MARKET - BY VOLTAGE
6.1. LOW-VOLTAGE
6.2. MEDIUM-VOLTAGE
7. EUROPE
DRY TYPE TRANSFORMER MARKET - BY END-USER
7.1. INDUSTRIAL
7.1.1. MARINE
7.1.2. CHEMICAL
7.1.3. OIL
AND GAS
7.1.4. RENEWABLE
ENERGY GENERATION
7.1.5. RAILWAY
7.1.6. OTHERS
7.2. COMMERCIAL
7.3. OTHERS
8. EUROPE
DRY TYPE TRANSFORMER MARKET – REGIONAL OUTLOOK
8.1. COUNTRY
ANALYSIS
8.1.1. UNITED
KINGDOM
8.1.2. GERMANY
8.1.3. FRANCE
8.1.4. SPAIN
8.1.5. ITALY
8.1.6. RUSSIA
8.1.7. REST
OF EUROPE
9. COMPETITIVE
LANDSCAPE
9.1. ABB
LTD
9.2. BHARAT
HEAVY ELECTRICALS LTD
9.3. CROMPTON
GREAVES LIMITED
9.4. EATON
CORPORATION PLC
9.5. FUJI
ELECTRIC CO LTD
9.6. GENERAL
ELECTRIC COMPANY
9.7. HAMMOND
POWER SOLUTIONS INC
9.8. HANLEY
ENERGY GCC
9.9. HITACHI
LTD
9.10. HYOSUNG
HEAVY INDUSTRIES
9.11. HYUNDAI
HEAVY INDUSTRIES CO LTD
9.12. KIRLOSKAR
ELECTRIC CO LTD
9.13. POWER
SP Z O O
9.14. SCHNEIDER
ELECTRIC
9.15. SIEMENS
AG
9.16. TBEA
CO LTD
9.17. VOLTAMP
TRANSFORMERS LTD.
9.18. WEG
GROUP
10. METHODOLOGY
& SCOPE
10.1. RESEARCH
SCOPE & DELIVERABLES
10.2. SOURCES
OF DATA
10.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE DRY TYPE
TRANSFORMER MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)
TABLE 2: MARKET ATTRACTIVENESS
MATRIX
TABLE 3: VENDOR SCORECARD
TABLE 4: LIST OF CONTRACTS
& PARTNERSHIPS
TABLE 5: LIST OF ACQUISITIONS
& MERGERS
TABLE 6: LIST OF NEW PRODUCT
LAUNCHES
TABLE 7: EUROPE DRY TYPE
TRANSFORMER MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 8: EUROPE DRY TYPE
TRANSFORMER MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)
TABLE 9: EUROPE DRY TYPE
TRANSFORMER MARKET, BY PHASE, 2021-2028 (IN $ MILLION)
TABLE 10: EUROPE DRY TYPE
TRANSFORMER MARKET, BY VOLTAGE, 2021-2028 (IN $ MILLION)
TABLE 11: EUROPE DRY TYPE
TRANSFORMER MARKET, BY END-USER, 2021-2028 (IN $ MILLION)
TABLE 12: EUROPE DRY TYPE
TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)
TABLE 13: EUROPE DRY TYPE
TRANSFORMER MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: EUROPE DRY TYPE
TRANSFORMER MARKET, BY TYPE, 2020 & 2028 (IN %)
FIGURE 3: EUROPE DRY TYPE TRANSFORMER
MARKET, BY DRY TYPE CONVERTER TRANSFORMER, 2021-2028 (IN $ MILLION)
FIGURE 4: EUROPE DRY TYPE
TRANSFORMER MARKET, BY DRY TYPE RECTIFIER TRANSFORMER, 2021-2028 (IN $ MILLION)
FIGURE 5: EUROPE DRY TYPE
TRANSFORMER MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)
FIGURE 6: EUROPE DRY TYPE
TRANSFORMER MARKET, BY CAST RESIN, 2021-2028 (IN $ MILLION)
FIGURE 7: EUROPE DRY TYPE
TRANSFORMER MARKET, BY VACUUM PRESSURE IMPREGNATED, 2021-2028 (IN $ MILLION)
FIGURE 8: EUROPE DRY TYPE
TRANSFORMER MARKET, BY PHASE, 2020 & 2028 (IN %)
FIGURE 9: EUROPE DRY TYPE
TRANSFORMER MARKET, BY SINGLE-PHASE, 2021-2028 (IN $ MILLION)
FIGURE 10: EUROPE DRY TYPE
TRANSFORMER MARKET, BY THREE-PHASE, 2021-2028 (IN $ MILLION)
FIGURE 11: EUROPE DRY TYPE
TRANSFORMER MARKET, BY VOLTAGE, 2020 & 2028 (IN %)
FIGURE 12: EUROPE DRY TYPE
TRANSFORMER MARKET, BY LOW-VOLTAGE, 2021-2028 (IN $ MILLION)
FIGURE 13: EUROPE DRY TYPE
TRANSFORMER MARKET, BY MEDIUM-VOLTAGE, 2021-2028 (IN $ MILLION)
FIGURE 14: EUROPE DRY TYPE
TRANSFORMER MARKET, BY END-USER, 2020 & 2028 (IN %)
FIGURE 15: EUROPE DRY TYPE
TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)
FIGURE 16: EUROPE DRY TYPE
TRANSFORMER MARKET, BY MARINE, 2021-2028 (IN $ MILLION)
FIGURE 17: EUROPE DRY TYPE
TRANSFORMER MARKET, BY CHEMICAL, 2021-2028 (IN $ MILLION)
FIGURE 18: EUROPE DRY TYPE
TRANSFORMER MARKET, BY OIL AND GAS, 2021-2028 (IN $ MILLION)
FIGURE 19: EUROPE DRY TYPE
TRANSFORMER MARKET, BY RENEWABLE ENERGY GENERATION, 2021-2028 (IN $ MILLION)
FIGURE 20: EUROPE DRY TYPE
TRANSFORMER MARKET, BY RAILWAY, 2021-2028 (IN $ MILLION)
FIGURE 21: EUROPE DRY TYPE
TRANSFORMER MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 22: EUROPE DRY TYPE
TRANSFORMER MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)
FIGURE 23: EUROPE DRY TYPE
TRANSFORMER MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 24: EUROPE DRY TYPE
TRANSFORMER MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 25: UNITED KINGDOM DRY
TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)
FIGURE 26: GERMANY DRY TYPE
TRANSFORMER MARKET 2021-2028 (IN $ MILLION)
FIGURE 27: FRANCE DRY TYPE
TRANSFORMER MARKET 2021-2028 (IN $ MILLION)
FIGURE 28: SPAIN DRY TYPE
TRANSFORMER MARKET 2021-2028 (IN $ MILLION)
FIGURE 29: ITALY DRY TYPE
TRANSFORMER MARKET 2021-2028 (IN $ MILLION)
FIGURE 30: RUSSIA DRY TYPE
TRANSFORMER MARKET 2021-2028 (IN $ MILLION)
FIGURE 31: REST OF EUROPE DRY
TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)