Distribution Transformer Market Research Report - Forecast to 2027

Global Distribution Transformer Market Research report: Information by Type (pole mounted, pad mounted, underground), Insulation (oil-immersed, dry), Power Rating (<500 kVA, 500 kVA – 2500 kVA, 2500 kVA – 10000 kVA, >10000kVA), End-Use– Forecast till 2027

ID: MRFR/E&P/1941-HCR | February 2021 | Region: Global | 140 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill Sample form for updated data.

Market Scenario


An efficient, economically feasible, and eco-friendly electricity infrastructure is the backbone of modern civilization. Recent years have experienced noticeable trends in power industry, be it smart grid concepts, rising demand for electrical and automated vehicles, transformation in battery storage, rapid energy transition from conventional to renewable. The ever-rising demand for power is due to the factors such as industrialization and urbanization, increasing technological appliances, and rising economy of nations.  All these trends are somehow related to the increased demand for power. However, according to BP stats 2017, in Asia Pacific, the total electricity generated in 2016 was 10904.7 TWh, while the overall consumption was only 9,331 TWh. This paves the way for a higher demand for power distribution infrastructure to bridge the gap of supply and demand.


Power distribution network comprises all interconnections such as substations, circuits, switches, switchgears, and distribution transformers. Distribution transformers are highly significant in smart grid integration projects. The widening gap between supply and demand creates heavy demand for distribution transformers from emerging nations such as China, South Korea, and India as these nations lack proper power supply infrastructure. 


The Distribution Transformer market is expected to progress at ~8.70% CAGR during the forecast period.


Market Segmentation


  distribution transformer market


Global Distribution Transformer Market


The global distribution transformer market is expected to rise at USD ~19.0 billion by 2023 at a CAGR of ~8.70% in the forecast period. The growth is driven by improvements in the existing power infrastructure in developing countries, expansion in the current plans of transforming and distribution sector, smart grid initiatives for economic efficiency, and growth in the renewable sector. The major restraint is calibration of proper equipment in the market.


The global distribution transformer market is segmented by type as pole mounted, pad mounted and underground, by insulation as oil immersed and dry, by power rating as <500 kVA, 500 kVA-2500 kVA, 2500 kVA- 10000 kVA, and > 10000 kVA , by end user as industrial, Utilities and commercial & residential  and by region as North America, Asia Pacific, Europe and Middle East & Africa.


Based on by type, pad mounted have projected to have more growth in forecast period as it majorly used in electric power distribution. The growth of this segment is driven by improvements in process control systems, rapid development in industrialization & urbanization, and technological developments.


Based on by insulation, oil immersed transformers are widely being accepted because of its features. Oil removes heat and ensures dielectric strength of insulation, loss reduction technology, high reliable insulation, and temperature control systems.


Based on by region, Europe is expected to rise at USD ~1.5 billion by 2023, especially in oil filled distribution transformer. Renewable energy is giving boost to power sector, especially in Europe. As carbon emissions increase gradually, energy efficient norms are getting tighter across the region. Consequently, constructive aspect towards renewable integration are favored by regulatory authorities, establishing maintainable energy mix that drive the demand for oil immersed transformers.


Key Players


The major players operating in the market of global distribution transformer are Wilson Power Solutions Ltd (U.K), Emerson Electric (U.S.), Hitachi (Japan), Kirloskar Electric Co. Ltd. (India), Wenzhou Rockwell Transformer Co., Ltd. (China), ABB Ltd (Switzerland), Eaton Corporation (Dublin), and General Electric (U.S.). Mitsubishi Electric Corporation (Japan), Ormazabal (Spain), SPX Transformer Solutions Inc. (U.S.), EREMU, S.A. (Spain), Lemi Trafo Jsc (Bulgaria), Hammond Power Solutions Inc. (Canada), Bowers Electricals Ltd (U.K), Bharat Heavy Electricals Ltd (India), and Crompton Greaves Ltd. (India) are among others who are exceedingly proficient to offer the finest solutions to the industry.



Frequently Asked Questions (FAQ) :


The distribution transformer market can surge at 8.70% CAGR by 2023.

By 2023, the distribution transformer market can value at USD 19 Bn.

ABB Ltd (Switzerland), Wenzhou Rockwell Transformer Co., Ltd. (China), and Eaton Corporation (Dublin) are some key players of the distribution transformer market.

Pole mounted, underground, and pad mounted are types of distribution transformers.

<500 kVA, 2500 kVA- 10000 kVA, 500 kVA-2500 kVA, and > 10000 kVA are segments of the distribution transformer market based on power rating.

Table of content

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Distribution Transformer Market, By Type

5.1 Introduction

5.2 Pole Mounted

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 Pad Mounted

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

5.4 Underground

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast by Region, 2020-2027

6 Global Distribution Transformer Market, By Insulation

6.1 Introduction

6.2 Oil- Immersed

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Dry

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

7 Global Distribution Transformer Market, By Power Rating

7.1 Introduction

7.2 Less than 500 kVA

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 500 kVA-2500 kVA

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 2500 kVA- 10000 kVA

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2017-2023

7.5 Greater than 10000 kVA

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

8 Global Distribution Transformer Market, By End user

8.1 Introduction

8.2 Industrial

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2017-2023

8.3 Utilities

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Commercial & Residential

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2017-2023

9 Global Distribution Transformer Market, By Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Type, 2020-2027

9.2.3 Market Estimates & Forecast by Insulation, 2020-2027

9.2.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.2.5 Market Estimates & Forecast by End User, 2020-2027

9.2.6 U.S.

9.2.6.1 Market Estimates & Forecast, 2020-2027

9.2.6.2 Market Estimates & Forecast by Type, 2020-2027

9.2.6.3 Market Estimates & Forecast by Insulation, 2020-2027

9.2.6.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.2.6.5 Market Estimates & Forecast by End User, 2020-2027

9.2.7 Canada

9.2.7.1 Market Estimates & Forecast, 2020-2027

9.2.7.2 Market Estimates & Forecast by Type, 2020-2027

9.2.7.3 Market Estimates & Forecast by Insulation, 2020-2027

9.2.7.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.2.7.5 Market Estimates & Forecast by End User, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Type, 2020-2027

9.3.3 Market Estimates & Forecast by Insulation, 2020-2027

9.3.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.3.5 Market Estimates & Forecast by End User, 2020-2027

9.3.5 Russia

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Type, 2020-2027

9.3.5.3 Market Estimates & Forecast by Insulation, 2020-2027

9.3.5.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.3.5.5 Market Estimates & Forecast by End User, 2020-2027

9.3.6 Norway

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Type, 2020-2027

9.3.6.3 Market Estimates & Forecast by Insulation, 2020-2027

9.3.6.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.3.6.5 Market Estimates & Forecast by End User, 2020-2027

9.3.7 Rest of Europe

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Type, 2020-2027

9.3.6.3 Market Estimates & Forecast by Insulation, 2020-2027

9.3.6.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.3.6.5 Market Estimates & Forecast by End User, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Type, 2020-2027

9.4.3 Market Estimates & Forecast by Insulation, 2020-2027

9.4.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.4.5 Market Estimates & Forecast by End User, 2020-2027

9.4.6 China

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Type, 2020-2027

9.4.6.3 Market Estimates & Forecast by Insulation, 2020-2027

9.4.6.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.4.6.5 Market Estimates & Forecast by End User, 2020-2027

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Type, 2020-2027

9.4.7.3 Market Estimates & Forecast by Insulation, 2020-2027

9.4.7.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.4.7.5 Market Estimates & Forecast by End User, 2020-2027

9.4.8 Rest of Asia Pacific

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast by Type, 2020-2027

9.4.8.3 Market Estimates & Forecast by Insulation, 2020-2027

9.4.8.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.4.8.5 Market Estimates & Forecast by End User, 2020-2027

9.5 Middle East and Africa

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Type, 2020-2027

9.5.3 Market Estimates & Forecast by Insulation, 2020-2027

9.5.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.5.5 Market Estimates & Forecast by End User, 2020-2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Type, 2020-2027

9.6.3 Market Estimates & Forecast by Insulation, 2020-2027

9.6.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.6.5 Market Estimates & Forecast by End User, 2020-2027

9.7 Rest of the World

9.7.1 Market Estimates & Forecast, 2020-2027

9.7.2 Market Estimates & Forecast by Type, 2020-2027

9.7.3 Market Estimates & Forecast by Insulation, 2020-2027

9.7.4 Market Estimates & Forecast by Power Rating, 2020-2027

9.7.5 Market Estimates & Forecast by End User, 2020-2027

10 Competitive Landscape

11 Company Profile

11.1 Wilson Power Solutions Ltd

11.1.1 Company Overview

11.1.2 Product/Services Offering

11.1.3 Financial Overview

11.1.4 Key Developments

11.1.5 Strategy

11.1.6 SWOT Analysis

11.2 Emerson Electric

11.2.1 Company Overview

11.2.2 Product /Services Offering

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 Strategy

11.2.6 SWOT Analysis

11.3 Hitachi

11.3.1 Company Overview

11.3.2 Product /Services Offering

11.3.3 Financial Overview

11.3.4 Key Developments

11.3.5 Strategy

11.3.6 SWOT Analysis

11.4 Kirloskar Electric Co. Ltd.

11.4.1 Company Overview

11.4.2 Product /Services Offering

11.4.3 Financial Overview

11.4.4 Key Developments

11.4.5 Strategy

11.4.6 SWOT Analysis

11.5 Wenzhou Rockwell Transformer Co., Ltd.

11.5.1 Company Overview

11.5.2 Product /Services Offering

11.5.3 Financial Overview

11.5.4 Key Developments

11.5.5 Strategy

11.5.6 SWOT Analysis

11.6 ABB Ltd

11.6.1 Company Overview

11.6.2 Product /Services Offering

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 Strategy

11.6.6 SWOT Analysis

11.7 Eaton Corporation

11.7.1 Company Overview

11.7.2 Product /Services Offering

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 Strategy

11.7.6 SWOT Analysis

11.8 General Electric

11.8.1 Company Overview

11.8.2 Product /Services Offering

11.8.3 Financial Overview

11.8.4 Key Developments

11.8.5 Strategy

11.8.6 SWOT Analysis

11.9 Mitsubishi Electric Corporation

11.9.1 Company Overview

11.9.2 Product /Services Offering

11.9.3 Financial Overview

11.9.4 Key Developments

11.9.5 Strategy

11.9.6 SWOT Analysis

11.10 SPX Transformer Solutions

11.10.1 Company Overview

11.10.2 Product /Services Offering

11.10.3 Financial Overview

11.10.4 Key Developments

11.10.5 Strategy

11.10.6 SWOT Analysis

11.9 Bowers Electricals Ltd

11.11.1 Company Overview

11.11.2 Product /Services Offering

11.11.3 Financial Overview

11.11.4 Key Developments

11.11.5 Strategy

11.11.6 SWOT Analysis

12 Conclusion

13 Appendix

List of Tables

Table 1 Global Distribution Transformer Market: By Region, 2020-2027

Table 2 North America Distribution Transformer Market: By Country, 2020-2027

Table 3 Europe Distribution Transformer Market: By Country, 2020-2027

Table 4 Asia Pacific Distribution Transformer Market: By Country, 2020-2027

Table 5 RoW Distribution Transformer Market: By Country, 2020-2027

Table 6 Global Distribution Transformer Market by Type: By Regions, 2020-2027

Table 7 North America Distribution Transformer Market by Type: By Country, 2020-2027

Table 8 Europe Distribution Transformer Market by Type: By Country, 2020-2027

Table 9 Asia Pacific Distribution Transformer Market by Type: By Country, 2020-2027

Table 10 RoW Distribution Transformer Market by Type: By Country, 2020-2027

Table 11 Global Distribution Transformer Market, by Insulation, By Regions, 2020-2027

Table 12 North America Distribution Transformer Market, by Insulation, By Country, 2020-2027

Table 13 Europe Distribution Transformer Market, by Insulation, By Country, 2020-2027

Table 14 Asia Pacific Distribution Transformer Market, by Insulation, By Country, 2020-2027

Table 15 RoW Distribution Transformer Market, by Insulation, By Country, 2020-2027

Table 16 Global Distribution Transformer Market, by Power Rating, By Regions, 2020-2027

Table 17 North America Distribution Transformer Market, by Power Rating, By Country, 2020-2027

Table 18 Europe Distribution Transformer Market, by Power Rating, By Country, 2020-2027

Table 19 Asia Pacific Distribution Transformer Market, by Power Rating, By Country, 2020-2027

Table 20 RoW Distribution Transformer Market, by Power Rating, By Country, 2020-2027

Table 21 Global Distribution Transformer Market: By Region, 2020-2027

Table 22 Global Distribution Transformer Market: By Region, 2020-2027

Table 23 Global Distribution Transformer Market: By Region, 2020-2027

Table 24 North America Distribution Transformer Market, By Country

Table 25 North America Distribution Transformer Market, by Type

Table 26 North America Distribution Transformer Market, By Insulation

Table 27 North America Distribution Transformer Market, By Power Rating

Table 28 Europe: Distribution Transformer Market, By Country

Table 29 Europe: Distribution Transformer Market, by Type

Table 30 Europe: Distribution Transformer Market, By Insulation

Table 31 Europe: Distribution Transformer Market, By Power Rating

Table 32 Europe: Distribution Transformer Market, By Power Rating

Table 33 Asia Pacific: Distribution Transformer Market, By Country

Table 34 Asia Pacific: Distribution Transformer Market, by Type

Table 35 Asia Pacific: Distribution Transformer Market, By Insulation

Table 36 Asia Pacific: Distribution Transformer Market, By Power Rating

Table 37 RoW: Distribution Transformer Market, By Region

Table 38 RoW Distribution Transformer Market, by Type

Table 39 RoW Distribution Transformer Market, By Insulation

Table 40 RoW Distribution Transformer Market, By Power Rating




List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL DISTRIBUTION TRANSFORMER MARKETSHARE, BY TYPE, 2020 (%)

FIGURE 9 GLOBAL DISTRIBUTION TRANSFORMER MARKET, BY TYPE, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL DISTRIBUTION TRANSFORMER MARKETSHARE, BY INSULATION, 2020 (%)

FIGURE 11 GLOBAL DISTRIBUTION TRANSFORMER MARKET, BY INSULATION, 2020-2027 (USD MILLION)

FIGURE 12 GLOBAL DISTRIBUTION TRANSFORMER MARKET SHARE (%), BY REGION, 2020

FIGURE 13 GLOBAL DISTRIBUTION TRANSFORMER MARKET, BY REGION, 2020-2027 (USD MILLION)

FIGURE 14 NORTH AMERICA DISTRIBUTION TRANSFORMER MARKETSHARE (%), 2020

FIGURE 15 NORTH AMERICA DISTRIBUTION TRANSFORMER MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 16 EUROPE DISTRIBUTION TRANSFORMER MARKETSHARE (%), 2020

FIGURE 17 EUROPE DISTRIBUTION TRANSFORMER MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 18 ASIA PACIFIC DISTRIBUTION TRANSFORMER MARKETSHARE (%), 2020

FIGURE 19 ASIA PACIFIC DISTRIBUTION TRANSFORMER MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 20 REST OF THE WORLD DISTRIBUTION TRANSFORMER MARKETSHARE (%), 2020

FIGURE 21 REST OF THE WORLD DISTRIBUTION TRANSFORMER MARKETBY COUNTRY, 2020-2027 (USD MILLION)