Report Details:
15 Companies Covered
100 Pages
Market Research Future (MRFR) has published a cooked research report on the “Europe and South America Transformer Station Market” that contains the information from 2019 to 2035.
The Transformer Station market is estimated to register a CAGR of 4.0% during the forecast period of 2025 to 2035.
MRFR recognizes the following companies as the key players in the Europe and South America Transformer Station Market— ABB, Hitachi Energy, Eaton Corporation, ZPUE S.A., Scheidt GmbH & Co. KG, Faber E-Tec, SGB-SMIT GmbH, Augier Energy, ELSTA-Mosdorfer Gesellschaft M.B.H, Končar Group , Siemens Energy and WEG.
Europe and South America Transformer Station Market Highlights
The Europe and South America Transformer Station Market is accounted for to register a CAGR of 4.0% during the forecast period and is estimated to reach USD 6,395.61 million by 2035.
The rapid expansion of data centers and electric vehicle (EV) charging infrastructure is emerging as a transformative opportunity for transformer station development in South America and Europe, with both regions recognizing the need for robust, modernized power infrastructure to support these growing sectors.
In South America, governments are actively promoting the development of digital infrastructure and sustainable energy solutions, which directly drive demand for advanced transformer stations. For instance, Chile has launched a National Data Centers Plan led by the Ministry of Science, Technology, Knowledge and Innovation. This plan aims to position Chile as a leading digital hub in Latin America by improving investment conditions, streamlining regulatory processes, and encouraging the development of decentralized, sustainable data centers powered by renewable energy. The plan includes measures such as a digital investment platform to guide infrastructure development, standardized environmental criteria for impact assessments, and public-private initiatives to promote energy efficiency and reduce carbon footprints. These efforts are designed to attract investment in data center infrastructure and, by extension, in the transformer stations required to deliver reliable, high-capacity power to these facilities. Similarly, in Brazil, the federal government is developing a new national policy on data centers (Redata), which may include import tax exemptions and other incentives to foster the growth of the sector. These policies are expected to accelerate the deployment of new data centers and the associated electrical infrastructure, including transformer stations.
In Europe, the expansion of data centers and EV charging infrastructure is similarly recognized as a catalyst for transformer station development. The European Union and national governments have prioritized grid modernization to accommodate the increased and variable loads from data centers and the electrification of transport. EU policy frameworks emphasize the importance of resilient and efficient grid infrastructure, with standards and incentives that promote the adoption of high efficiency, digitally enabled transformers. The European Commission supports investment in modern transformer stations that can meet the unique requirements of data centers, such as high reliability and energy efficiency, and the dynamic demands of EV charging networks.
Segment Analysis
The Europe and South America Transformer Station Market has been segmented based on Type of Station, Component, Voltage Level, Installation Type, Application and Region.
The Europe and South America Transformer Station Market segmentation, based on Type of Station has been segmented into Step-Up Substation, Transmission Substation, Distribution Substation, Collector Substation and Others. Among these, the Distribution Substation Transformer Station is projected to dominate the Europe and South America Transformer Station Market revenue through the projected period. Based on Component it has been segmented into Power Transformer, Circuit Breakers, Current Transformers, Voltage Regulators, Lightning Arresters, Secondary Winding and Others. Power Transformer is projected to dominate the Europe and South America Transformer Station Market revenue through the projected period.
In Voltage Level segment, the market is categorized ≤1 kV, 1 kV – 69 kV, 69 kV – 230 kV, 230 kV – 765 kV and Above 765 kV. Out of which the Above 765 kV segment held the maximum share in the base year market and is also expected to be holding a significant share in the forecasted period as well.
In Installation Type segment, the market is categorized Indoor Transformer Station and Outdoor Transformer Station. Out of which the Outdoor Transformer Station segment held the maximum share in the base year market and is also expected to be holding a significant share in the forecasted period as well. The Europe and South America Transformer Station Market segmentation, based on Application has been segmented into Utility Sector, Industrial Sector, Renewable Energy Integration and Commercial and Residential. Among these, the Utility Sector is projected to dominate the Europe and South America Transformer Station Market revenue through the projected period.
Region Analysis
By Region, the Transformer Station market is segmented into Europe and South America. Europe Transformer Station market holds a considerable market share and is also forecasted to hold the largest share during the forecast period.
Key Findings of the Study
- The Europe and South America Transformer Station Market is expected to reach 6,395.61 million by 2035, at a CAGR of 4.0% during the forecast period.
- Europe accounted for the fastest-growing market.
- Based on Type of Station, the Distribution Substation segment was attributed to holding the largest market in 2024.
- Based on Component, the Power Transformer segment was attributed to holding the largest market in 2024.
- Based on Voltage, the Above 765 kV segment was attributed to holding the largest market in 2024.
- Based on Installation Type, the Outdoor Transformer Station segment was attributed to holding the largest market in 2024.
- Based on Application, the Utility Sector was attributed to holding the largest market in 2024.
- ABB, Hitachi Energy, Eaton Corporation, ZPUE S.A., Scheidt GmbH & Co. KG, Faber E-Tec, SGB-SMIT GmbH, Augier Energy, ELSTA-Mosdorfer Gesellschaft M.B.H, Končar Group , Siemens Energy and WEG are the key market players.