Industrial Control Transformer Market

Industrial Control Transformer Market by Phase (Single and Three), Power Rating (25–500 VA, 500–1,000 VA, 1,000–1,500 VA, and > 1,500 VA), End-User (Power Generation, Oil & Gas, Chemical, Metal & Mining), and Region - Global Forecast to 2023

Report Code: EP 6241 May, 2018, by marketsandmarkets.com

[127 Pages Report] The global industrial control transformer market reached USD 777.7 Million in 2017.  It is projected to reach USD 1.04 Billion by 2023, growing at a CAGR of 5.14% from 2018 to 2023. Booming power sector and augmented power generation capacities worldwide, need to reduce equipment failure caused by frequent voltage spikes, and increased usage of industrial control transformer across major industries are driving the market across the world. The industrial control transformer market is segmented on the basis of phase, power rating, end-user, and region.

The years considered for the study are as follows:

  • Base Year: 2017
  • Estimated Year: 2018
  • Projected Year: 2023
  • Forecast Period: 2018–2023

The base year considered for company profiles is 2017. Whenever information was unavailable for the base year, the prior year has been considered.

Objectives of the Study

  • To define, describe, and forecast the industrial control transformer market on the basis of phase type, power rating, end-user, and region
  • To provide detailed information regarding the major factors influencing the growth of themarket (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the market with respect to individual growth trends, future projections, and the contribution of each segment to the market
  • To track and analyze competitive developments such as contracts & agreements, new product launches, expansions & investments, and partnerships & collaborations in the market
  • To profile key players and comprehensively analyze their market ranking and core competencies

Research Methodology

This research study involved the use of extensive secondary sources, directories, and databases, such as D&B, Bloomberg Businessweek, and Factiva, to identify and collect information useful for a technical, market-oriented, and commercial study of the industrial control transformer market. Primary sources are mainly industry experts from the core and related industries, preferred suppliers, manufacturers, distributors, service providers, technology developers, standard and certification organizations of companies, and organizations related to all the segments of this industry’s value chain. The points given below explain the research methodology.

  • Study of the annual revenue and market developments of major players that provide industrial control transformer
  • Assessment of future trends and growth of end-users
  • Assessment of the market with respect to the type of technology used for different applications
  • Study of contracts and developments related to the market by key players across different regions
  • Finalization of overall market sizes by triangulating the supply-side data, which includes product developments, supply chain, and annual revenues of companies supplying industrial control transformer across the globe

After arriving at the overall market size, the total market has been split into several segments and subsegments. The figure given below illustrates the breakdown of primaries conducted during the research study, based on the company type, designation, and region.

Industrial Control Transformer Market

To know about the assumptions considered for the study, download the pdf brochure

Some of the leading global manufacturers of industrial control transformers are ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider (France), GE (US), Hubbell (US), Emerson (US), and Rockwell (US).

Target Audience:

The report’s target audience includes:

  • Consulting companies and associations in the energy and power sector
  • Government and research organizations
  • Industrial control transformer manufacturers
  • Investment banks
  • Power generation utilities
  • State and national regulatory authorities

Scope of the report:

Industrial Control Transformer Market:

  • By Phase Type
    • Single Phase
    • Three Phase
  • By Power Rating
    • 25-500 VA
    • 500-1,000 VA
    • 1,000-1,500 VA
    • Above 1,500 VA
  • By End-User
    • Power Generation
    • Oil & Gas
    • Chemical
    • Metal & Mining (Iron, Steel, and Aluminum)
    • Others (Food & beverage, paper & pulp, cement, glass, and water & wastewater industries)
  • By Region
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for the report:

Regional Analysis

  • Further breakdown of region/country-specific analysis

Company Information

  • Detailed analysis and profiling of additional market players (Up to 5)

The global industrial control transformer market is estimated to grow from USD 809.2 Million in 2018 to USD 1039.8 Million by 2023, at a CAGR of 5.14% during the forecast period. Booming power sector and augmented power generation capacities worldwide, need to reduce equipment failure caused by frequent voltage spikes, and increased usage of industrial control transformer across major industries are driving the market across the world.

In this report, the industrial control transformer market is segmented on the basis of phase into single and three. The three-phase segment dominated the market owing to better efficiency in industrial applications. Three-phase industrial compressors are used to drive a variety of general machinery such as compressors, pumps, crushers, cutting machine tools, and other mechanical equipment in petroleum, chemical, power plants, and other industrial and mining industries.

The industrial control transformer is further segmented on the basis of power rating into 25-500 VA, 500-1,000 VA, 1,000-1,500 VA, and above 1,500 VA. The above 1,500 VA segment dominated the industrial control transformer market. This segment is driven by a large number of installation in heavy industries such as oil & gas, metal & mining and power generation.

Based on end-user, the market has been segmented into power generation, oil & gas, chemical, metal  &  mining,  and  others.  The  metal  & mining  segment  dominated  the industrial  control transformer market owing to increased expansion in industrialization, construction, and infrastructure activities.

The industrial control transformer market is analyzed with respect to five regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific dominated the market. The market in Asia Pacific is expected to hold the largest share of the global market till 2023. Need to reduce equipment failure caused by frequent voltage spikes are driving the market in Asia Pacific.

Industrial Control Transformer Market

The major factor restraining the growth of the industrial control transformer market is the stagnant growth in oil & gas industry and a slowdown in the mining industry in Asia Pacific, South America, and Africa. The industrial control transformer industry is very fragmented and offers opportunities for consolidation.  This can be seen by the several major mergers & acquisitions taking place in the industry.

In this industry, most players are global multinational companies. Some of the leading players in the industrial control transformer market include ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schneider (France), GE (US), Hubbell (US), Emerson (US), and Rockwell (US). These players have adopted growth strategies such as new product launches, mergers & acquisitions, and expansions & investments to capture a larger share in the market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Introduction
    2.2 Research Data
           2.2.1 Secondary Data
           2.2.2 Primary Data
                    2.2.2.1 Key Data From Primary Sources
                    2.2.2.2 Key Industry Insights
                    2.2.2.3 Breakdown of Primary Interviews
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top Down Approach
    2.4 Market Breakdown & Data Triangulation
    2.5 Research Limitations
    2.6 Research Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 29)
    4.1 Attractive Opportunities in the Industrial Control Transformer Market During the Forecast Period
    4.2 Market, By Country
    4.3 Asia Pacific Market, By End-User & Country
    4.4 Market, By Phase
    4.5 Market, By Power Rating
    4.6 Market, By End-User

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
    5.3 Drivers
           5.3.1 Need to Reduce Equipment Failure Caused By Frequent Voltage Spikes
           5.3.2 Booming Power Sector and Augmented Power Generation Capacities Worldwide
           5.3.3 Increased Usage of Industrial Control Transformers Across Major Industries
    5.4 Restraints
           5.4.1 Stagnant Growth of the Oil & Gas Industry
           5.4.2 Slowdown in the Mining Industry in Asia Pacific, South America, and Africa
    5.5 Opportunities
           5.5.1 Changing the Face of the Middle East Manufacturing Industry
           5.5.2 Aging Power Infrastructure
           5.5.3 Growing Robotics Technology
    5.6 Challenges
           5.6.1 Dependent on Other Devices for Voltage Regulation
           5.6.2 Gray Market Providing Low-Quality & Inexpensive Products

6 Industrial Control Transformer Market, By Power Rating (Page No. - 40)
    6.1 Introduction
    6.2 25–500 VA
    6.3 500–1,000 VA
    6.4 1,000–1,500 VA
    6.5 Above 1,500 VA

7 Industrial Control Transformer Market, By Phase (Page No. - 46)
    7.1 Introduction
    7.2 Three-Phase
    7.3 Single-Phase

8 Industrial Control Transformer Market, By End-User (Page No. - 50)
    8.1 Introduction
    8.2 Power Generation
    8.3 Oil & Gas
    8.4 Chemical
    8.5 Metal & Mining
    8.6 Others

9 Industrial Control Transformer Market, By Region (Page No. - 56)
    9.1 Introduction
    9.2 Asia Pacific
           9.2.1 By Phase
           9.2.2 By Power Rating
           9.2.3 By End-User
           9.2.4 By Country
                    9.2.4.1 China
                    9.2.4.2 Australia
                    9.2.4.3 India
                    9.2.4.4 Japan
                    9.2.4.5 South Korea
                    9.2.4.6 Rest of Asia Pacific
    9.3 North America
           9.3.1 By Power Rating
           9.3.2 By End-User
           9.3.3 By Country
                    9.3.3.1 US
                    9.3.3.2 Canada
                    9.3.3.3 Mexico
    9.4 Europe
           9.4.1 By Phase
           9.4.2 By Power Rating
           9.4.3 By End-User
           9.4.4 By Country
                    9.4.4.1 Germany
                    9.4.4.2 UK
                    9.4.4.3 France
                    9.4.4.4 Russia
                    9.4.4.5 Rest of Europe
    9.5 Middle East & Africa
           9.5.1 By Phase
           9.5.2 By Power Rating
           9.5.3 By End-User
           9.5.4 By Country
                    9.5.4.1 Saudi Arabia
                    9.5.4.2 Iran
                    9.5.4.3 UAE
                    9.5.4.4 Nigeria
                    9.5.4.5 South Africa
                    9.5.4.6 Rest of the Middle East & Africa
    9.6 South America
           9.6.1 By Phase
           9.6.2 By Power Rating
           9.6.3 By End-User
           9.6.4 By Country
                    9.6.4.1 Brazil
                    9.6.4.2 Argentina
                    9.6.4.3 Rest of South America

10 Competitive Landscape (Page No. - 91)
     10.1 Overview
     10.2 Ranking of Players
     10.3 Competitive Scenario
             10.3.1 Expansions & Investments
             10.3.2 New Product Launches
             10.3.3 Mergers & Acquisitions

11 Company Profiles (Page No. - 95)
(Business Overview, Products Offered, Recent Developments, MnM View)*
     11.1 Benchmarking
     11.2 ABB
     11.3 Eaton
     11.4 Siemens
     11.5 GE
     11.6 Schneider Electric
     11.7 Hubbell
     11.8 Emerson Electric Co.
     11.9 Rockwell Automation
     11.10 Electric Hammond Power Solutions (HPS)
     11.11 Broadman Transformers
     11.12 Dongan Electric Manufacturing Co.
     11.13 MCI Transformers

*Details on Business Overview, Products Offered, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 119)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (62 Tables)

Table 1 Industrial Control Transformer Market Snapshot
Table 2 Market Size, By Power Rating, 2016–2023 (USD Million)
Table 3 25–500 VA: Market Size, By Region, 2016–2023 (USD Million)
Table 4 500–1,000 VA: Market Size, By Region, 2016–2023 (USD Million)
Table 5 1,000–1,500 VA: Market Size, By Region, 2016–2023 (USD Million)
Table 6 Above 1,500 VA: Market Size, By Region, 2016–2023 (USD Million)
Table 7 Industrial Control Transformer Market Size, By Phase, 2016–2023 (USD Million)
Table 8 Three-Phase: Market Size, By Region, 2016–2023 (USD Million)
Table 9 Single-Phase:Market Size, By Region, 2016–2023 (USD Million)
Table 10 Industrial Control Transformer Market Size, By End-User, 2016-2023 (USD Million)
Table 11 Power Generation: Market Size, By Region, 2016–2023 (USD Million)
Table 12 Oil & Gas: Market Size, By Region, 2016–2023 (USD Million)
Table 13 Chemical: Market Size, By Region, 2016–2023 (USD Million)
Table 14 Metal & Mining: Market Size, By Region, 2016–2023 (USD Million)
Table 15 Others: Market Size, By Region, 2016–2023 (USD Million)
Table 16 Industrial Control Transformer Market Size, By Region, 2016–2023 (USD Million)
Table 17 Top Five Largest Markets, 2016–2023 (USD Million)
Table 18 Top Five Fastest Growing Markets, 2016–2023 (USD Million)
Table 19 Asia Pacific: Industrial Control Transformer Market Size, By Phase, 2016–2023 (USD Million)
Table 20 Asia Pacific: Market Size, By Power Rating, 2016–2023 (USD Million)
Table 21 Asia Pacific: Market Size, By End-User, 2016–2023 (USD Million)
Table 22 Asia Pacific: Market Size, By Country, 2016–2023 (USD Million)
Table 23 China: Market Size, By End-User, 2016–2023 (USD Million)
Table 24 Australia: Market Size, By End-User, 2016–2023 (USD Million)
Table 25 India: Market Size, By End-User, 2016–2023 (USD Million)
Table 26 Japan: Market Size, By End-User, 2016–2023 (USD Million)
Table 27 South Korea: Market Size, By End-User, 2016–2023 (USD Million)
Table 28 Rest of Asia Pacific: Market Size, By End-User, 2016–2023 (USD Million)
Table 29 North America: Industrial Control Transformer Market Size, By Phase, 2016–2023 (USD Million)
Table 30 North America: Market Size, By Power Rating, 2016–2023 (USD Million)
Table 31 North America: Market Size, By End-User, 2016–2023 (USD Million)
Table 32 North America: Market Size, By Country, 2016–2023 (USD Million)
Table 33 US: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 34 Canada: Market Size, By End-User, 2016–2023 (USD Million)
Table 35 Mexico: Market Size, By End-User, 2016–2023 (USD Million)
Table 36 Europe: Market Size, By Phase, 2016–2023 (USD Million)
Table 37 Europe: Market Size, By Power Rating, 2016–2023 (USD Million)
Table 38 Europe: Market Size, By End-User, 2016–2023 (USD Million)
Table 39 Europe: Market Size, By Country, 2016–2023 (USD Million)
Table 40 Germany: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 41 UK: Market Size, By End-User, 2016–2023 (USD Million)
Table 42 France: Market Size, By End-User, 2016–2023 (USD Million)
Table 43 Russia: Market Size, By End-User, 2016–2023 (USD Million)
Table 44 Rest of Europe: Market Size, By End-User, 2016–2023 (USD Million)
Table 45 Middle East & Africa: Market Size, By Phase, 2016–2023 (USD Million)
Table 46 Middle East & Africa: Market Size, By Power Rating, 2016–2023 (USD Million)
Table 47 Middle East & Africa: Market Size, By End-User, 2016–2023 (USD Million)
Table 48 Middle East & Africa: Market Size, By Country, 2016–2023 (USD Million)
Table 49 Saudi Arabia: Industrial Control Transformer Market Size, By End-User, 2016–2023 (USD Million)
Table 50 Iran: Market Size, By End-User, 2016–2023 (USD Million)
Table 51 UAE: Market Size, By End-User, 2016–2023 (USD Million)
Table 52 Nigeria: Market Size, By End-User, 2016–2023 (USD Million)
Table 53 South Africa: Market Size, By End-User, 2016–2023 (USD Million)
Table 54 Rest of Middle East & Africa: Market Size, By End-User, 2016–2023 (USD Million)
Table 55 South America: Industrial Control Transformer Market Size, By Phase, 2016–2023 (USD Million)
Table 56 South America: Market Size, By Power Rating, 2016–2023 (USD Million)
Table 57 South America: Market Size, By End-User, 2016–2023 (USD Million)
Table 58 South America: Market Size, By Country, 2016–2023 (USD Million)
Table 59 Brazil: Market Size, By End-User, 2016–2023 (USD Million)
Table 60 Argentina: Market Size, By End-User, 2016–2023 (USD Million)
Table 61 Rest of South America: Market Size, By End-User, 2016–2023 (USD Million)
Table 62 Developments of Key Players in the Market, 2014–March 2018


List of Figures (36 Figures)

Figure 1 Markets Covered: Industrial Control Transformer Market
Figure 2 Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Three-Phase Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 8 Above 1,500 VA Segment is Expected to Lead the Industrial Control Transformer Market During the Forecast Period
Figure 9 Chemical Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 10 Asia Pacific Was Expected to Dominate the Market in 2017
Figure 11 Need to Reduce Equipment Failure is Likely to Drive the Market, From 2018–2023
Figure 12 The Market in China is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 13 Metal & Mining Segment and China Dominated the Market in Asia Pacific
Figure 14 Three-Phase Segment is Expected to Dominate the Market During the Forecast Period
Figure 15 Above 1,500 VA Segment Dominated the Market, By Power Rating, in 2017
Figure 16 Metal & Mining Segment Dominated the Market, By End-User, in 2017
Figure 17 Industrial Control Transformer Market: Drivers, Restraints, Opportunities, & Challenges
Figure 18 The Fastest Growing Power Generation Countries in Asia Pacific, Middle East, and Africa
Figure 19 The Fastest Growing Oil and Gas Industry in Asia Pacific, Middle East, and Africa
Figure 20 Above 1,500 VA Power Rating Segment Dominated the Market in 2017
Figure 21 Three-Phase Segment Dominated the Market in 2017
Figure 22 Metal & Mining is Expected to Lead the Market During the Forecast Period
Figure 23 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Asia Pacific Led the Industrial Control Transformer Market in 2017
Figure 25 Asia Pacific: Market Snapshot
Figure 26 North America: Market Snapshot
Figure 27 Key Developments in the Industrial Control Transformer Market, 2014– March 2018
Figure 28 Ranking of Key Players & Industry Concentration, 2017
Figure 29 ABB: Company Snapshot
Figure 30 Eaton: Company Snapshot
Figure 31 Siemens: Company Snapshot
Figure 32 GE: Company Snapshot
Figure 33 Schneider Electric: Company Snapshot
Figure 34 Hubbell: Company Snapshot
Figure 35 Emerson Electric Co.: Company Snapshot
Figure 36 Rockwell Automation: Company Snapshot


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Report Code
EP 6241
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