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Global Converter Transformer Market Size, Share & Industry Trends Analysis Report By Application (Grid Connections, Wind Farms, and Oil & Gas), By Type (401-600 Kv, 201-400 Kv, and 601-800 Kv), By Regional Outlook and Forecast, 2022 - 2028

Published Date : 30-Jun-2022

Pages: 158

Formats: PDF

The Global Converter Transformer Market size is expected to reach $4.4 billion by 2028, rising at a market growth of 13.4% CAGR during the forecast period.

A converter transformer is a type of transformer that is designed to provide high current, low voltage solutions for a variety of applications. Voltage converters adjust the voltage of electronic equipment, whereas transformers transport power from one voltage to another. By adopting a star-to-delta (wye-delta) transformer winding connection, the conversion transformers can function with 12 pulses for each cycle in the AC supply, removing several harmonic current components. Transformer winding insulation must be properly built to withstand significant DC potentials to the ground. Converter transformers can be constructed in sizes up to 300 Megavolt-amperes (MW).

Converter Transformer Market - Global Opportunities and Trends Analysis Report 2018-2028

Vibrational devices for turbo and hydro-generators, electric drives of drilling equipment, semiconductor converters of the traction substation for city electrified public transportation (tram, trolley bus, and subway), and DC & AC electric drives are all applications for converter transformers. Through a rectifier, stimulation transformers are used to stimulate the field of generators. Static excitation systems for power plant generators use transformers with a rating of up to 5.2 MVA. Converting transformers are mostly made of cast resin dry-type transformers. Leading dry-type transformer manufacturers offer customized configurations for specific purposes.

The development of sophisticated electric cars, as well as incentives utilized them, is driving up electricity usage in the automotive industry. Due to the power plants are typically located in remote areas, the electricity generated is then carried via power transmission lines to substations, where it is stepped down and supplied to end consumers. A converter transformer performs the step-down function. Converter transformers are used in industries, environmentally sensitive locations, forest substations, indoor and subterranean substations, and onshore and offshore sites where there is a lot of moisture or a lot of fire threat. Furthermore, most countries have underutilized energy resources, whereas developing countries' power systems need to be improved across the board.

COVID-19 Impact Analysis

The pandemic has significantly impacted many people's general economic conditions, resulting in lower consumer spending for non-essential goods, decreasing demand for converter transformers. Weekly electricity usage has decreased by 10-35 percent across the pandemic-affected regions as a result of COVID-19 lockdown measures. Furthermore, the demand for converter transformers has increased as the intake of variable renewable energy to the distribution system has increased. Furthermore, consumer demand has decreased as people are now more focused on removing non-essential expenditures from their budgets as the overall economic situation of most people has been badly impacted by the outbreak.

Market Growth Factors

Demand for Efficient Power Transmission Solutions is Growing

Converter transformer demand has increased dramatically as the demand for efficient power transmission networks grows. As a result of endeavors to provide electricity to every home, the need for high voltage transmission technologies is likely to remain high. The focus is mostly on a variety of government projects and huge expenditures aimed at improving the electricity generation and distribution industry. As a result, converter transformer demand for high-efficiency power distribution applications has skyrocketed.

Smart grid technologies are being implemented all around the world.

The use of smart grid solutions is moving the Converter transformer market forward. HVDC (high-voltage direct current) is a frequently used smart grid solution around the world since it is a cost-effective way to carry huge amounts of energy over long distances and for unique uses. As a crucial facilitator in the future energy system based on renewables, HVDC is genuinely shaping the grid of the future. It serves as a link between the AC system and the thyristor valves in HVDC systems. A Converter transformer's main benefit is that it functions as a capacitive border between the AC and DC systems, preventing DC potential from entering the AC systems. Between the AC supply and the HVDC system, it also converts voltage.

Market Restraining Factors

Investing in installation costs of converter transformer is expensive

One of the most important issues limiting the growth of the Converter Transformer Market is the high installation cost. The cost of manufacturing a converter transformer is higher because it is made up of a variety of components. Converter transformers have a lower power factor and excess tolerance during installation, thus they're preferred among small-scale power generation and distribution units. Furthermore, converter transformers are highly noisy when in use, causing significant disruption in many densely populated regions. As a result, the installation location is equally important.

Application Outlook

Based on Application, the market is segmented into Grid Connections, Wind Farms, and Oil & Gas. The wind farms segment witnessed a significant revenue share in the converter transformer market in 2021. It is due to the wind turbines with variable speeds to capture more energy than fixed-speed competitors. Induction generators have been demonstrated to be superior to DC generators in many areas when it comes to generating electrical power over a wide range of speeds: efficiency, maintainability, power density, and so on.

Converter Transformer Market Share and Industry Analysis Report 2021

Type Outlook

Based on Type, the market is segmented into 401-600 Kv, 201-400 Kv, and 601-800 Kv. The 401-600 Kv segment procured the largest revenue share in the converter transformer market in 2021. Due to the demand for converter transformers rises as crude oil demand rises in the petroleum and chemical industries. As the population and industrialization grew, so did demand for power, prompting the development of renewable energy sources such as large-scale offshore wind farms. The power generation from offshore wind farms is rapidly increasing, which has a beneficial impact on converter transformer demand.

Converter Transformer Market Report Coverage
Report Attribute Details
Market size value in 2021 USD 1.8 Billion
Market size forecast in 2028 USD 4.4 Billion
Base Year 2021
Historical Period 2018 to 2020
Forecast Period 2022 to 2028
Revenue Growth Rate CAGR of 13.4% from 2022 to 2028
Number of Pages 158
Number of Tables 259
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling
Segments covered Type, Application, Region
Country scope US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria
Growth Drivers
  • Demand for Efficient Power Transmission Solutions is Growing
  • Smart grid technologies are being implemented all around the world.
Restraints
  • Investing in installation costs of converter transformer is expensive

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. The Asia Pacific region garnered the highest revenue share in the converter transformer market in 2021. Asia-Pacific, which includes China, India, Japan, South Korea, Australia, and the rest of Asia-Pacific, accounts for the majority of the converter transformer market. Due to the large number of ongoing electricity projects in China, it is quickly becoming a powerhouse in Asia. China has risen to the top of the renewable energy sources market, with a slew of solar projects. As a result, China has emerged as a key player in the converter transformer industry. In China, the ongoing COVID-19 pandemic has had little impact on new railway developments.

Free Valuable Insights: Global Converter Transformer Market size to reach USD 4.4 Billion by 2028

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Siemens AG, General Electric (GE) Co., Toshiba Corporation, Mitsubishi Electric Corporation, Kirloskar Electric Co. Ltd., CG Power & Industrial Solutions Ltd., Bharat Heavy Electricals Ltd., and Xi'an Xidian Transformer Co., Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Application

  • Grid Connections
  • Wind Farms
  • Oil & Gas

By Type

  • 401-600 Kv
  • 201-400 Kv
  • 601-800 Kv

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • ABB Group
  • Siemens AG
  • General Electric (GE) Co.
  • Toshiba Corporation
  • Mitsubishi Electric Corporation
  • Kirloskar Electric Co. Ltd.
  • CG Power & Industrial Solutions Ltd.
  • Bharat Heavy Electricals Ltd.
  • Xi'an Xidian Transformer Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Converter Transformer Market, by Application
1.4.2 Global Converter Transformer Market, by Type
1.4.3 Global Converter Transformer Market, by Geography
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Global Converter Transformer Market by Application
3.1 Global Grid Connections Market by Region
3.2 Global Wind Farms Market by Region
3.3 Global Oil & Gas Market by Region

Chapter 4. Global Converter Transformer Market by Type
4.1 Global 401-600 Kv Market by Region
4.2 Global 201-400 Kv Market by Region
4.3 Global 601-800 Kv Market by Region

Chapter 5. Global Converter Transformer Market by Region
5.1 North America Converter Transformer Market
5.1.1 North America Converter Transformer Market by Application
5.1.1.1 North America Grid Connections Market by Country
5.1.1.2 North America Wind Farms Market by Country
5.1.1.3 North America Oil & Gas Market by Country
5.1.2 North America Converter Transformer Market by Type
5.1.2.1 North America 401-600 Kv Market by Country
5.1.2.2 North America 201-400 Kv Market by Country
5.1.2.3 North America 601-800 Kv Market by Country
5.1.3 North America Converter Transformer Market by Country
5.1.3.1 US Converter Transformer Market
5.1.3.1.1 US Converter Transformer Market by Application
5.1.3.1.2 US Converter Transformer Market by Type
5.1.3.2 Canada Converter Transformer Market
5.1.3.2.1 Canada Converter Transformer Market by Application
5.1.3.2.2 Canada Converter Transformer Market by Type
5.1.3.3 Mexico Converter Transformer Market
5.1.3.3.1 Mexico Converter Transformer Market by Application
5.1.3.3.2 Mexico Converter Transformer Market by Type
5.1.3.4 Rest of North America Converter Transformer Market
5.1.3.4.1 Rest of North America Converter Transformer Market by Application
5.1.3.4.2 Rest of North America Converter Transformer Market by Type
5.2 Europe Converter Transformer Market
5.2.1 Europe Converter Transformer Market by Application
5.2.1.1 Europe Grid Connections Market by Country
5.2.1.2 Europe Wind Farms Market by Country
5.2.1.3 Europe Oil & Gas Market by Country
5.2.2 Europe Converter Transformer Market by Type
5.2.2.1 Europe 401-600 Kv Market by Country
5.2.2.2 Europe 201-400 Kv Market by Country
5.2.2.3 Europe 601-800 Kv Market by Country
5.2.3 Europe Converter Transformer Market by Country
5.2.3.1 Germany Converter Transformer Market
5.2.3.1.1 Germany Converter Transformer Market by Application
5.2.3.1.2 Germany Converter Transformer Market by Type
5.2.3.2 UK Converter Transformer Market
5.2.3.2.1 UK Converter Transformer Market by Application
5.2.3.2.2 UK Converter Transformer Market by Type
5.2.3.3 France Converter Transformer Market
5.2.3.3.1 France Converter Transformer Market by Application
5.2.3.3.2 France Converter Transformer Market by Type
5.2.3.4 Russia Converter Transformer Market
5.2.3.4.1 Russia Converter Transformer Market by Application
5.2.3.4.2 Russia Converter Transformer Market by Type
5.2.3.5 Spain Converter Transformer Market
5.2.3.5.1 Spain Converter Transformer Market by Application
5.2.3.5.2 Spain Converter Transformer Market by Type
5.2.3.6 Italy Converter Transformer Market
5.2.3.6.1 Italy Converter Transformer Market by Application
5.2.3.6.2 Italy Converter Transformer Market by Type
5.2.3.7 Rest of Europe Converter Transformer Market
5.2.3.7.1 Rest of Europe Converter Transformer Market by Application
5.2.3.7.2 Rest of Europe Converter Transformer Market by Type
5.3 Asia Pacific Converter Transformer Market
5.3.1 Asia Pacific Converter Transformer Market by Application
5.3.1.1 Asia Pacific Grid Connections Market by Country
5.3.1.2 Asia Pacific Wind Farms Market by Country
5.3.1.3 Asia Pacific Oil & Gas Market by Country
5.3.2 Asia Pacific Converter Transformer Market by Type
5.3.2.1 Asia Pacific 401-600 Kv Market by Country
5.3.2.2 Asia Pacific 201-400 Kv Market by Country
5.3.2.3 Asia Pacific 601-800 Kv Market by Country
5.3.3 Asia Pacific Converter Transformer Market by Country
5.3.3.1 China Converter Transformer Market
5.3.3.1.1 China Converter Transformer Market by Application
5.3.3.1.2 China Converter Transformer Market by Type
5.3.3.2 Japan Converter Transformer Market
5.3.3.2.1 Japan Converter Transformer Market by Application
5.3.3.2.2 Japan Converter Transformer Market by Type
5.3.3.3 India Converter Transformer Market
5.3.3.3.1 India Converter Transformer Market by Application
5.3.3.3.2 India Converter Transformer Market by Type
5.3.3.4 South Korea Converter Transformer Market
5.3.3.4.1 South Korea Converter Transformer Market by Application
5.3.3.4.2 South Korea Converter Transformer Market by Type
5.3.3.5 Singapore Converter Transformer Market
5.3.3.5.1 Singapore Converter Transformer Market by Application
5.3.3.5.2 Singapore Converter Transformer Market by Type
5.3.3.6 Malaysia Converter Transformer Market
5.3.3.6.1 Malaysia Converter Transformer Market by Application
5.3.3.6.2 Malaysia Converter Transformer Market by Type
5.3.3.7 Rest of Asia Pacific Converter Transformer Market
5.3.3.7.1 Rest of Asia Pacific Converter Transformer Market by Application
5.3.3.7.2 Rest of Asia Pacific Converter Transformer Market by Type
5.4 LAMEA Converter Transformer Market
5.4.1 LAMEA Converter Transformer Market by Application
5.4.1.1 LAMEA Grid Connections Market by Country
5.4.1.2 LAMEA Wind Farms Market by Country
5.4.1.3 LAMEA Oil & Gas Market by Country
5.4.2 LAMEA Converter Transformer Market by Type
5.4.2.1 LAMEA 401-600 Kv Market by Country
5.4.2.2 LAMEA 201-400 Kv Market by Country
5.4.2.3 LAMEA 601-800 Kv Market by Country
5.4.3 LAMEA Converter Transformer Market by Country
5.4.3.1 Brazil Converter Transformer Market
5.4.3.1.1 Brazil Converter Transformer Market by Application
5.4.3.1.2 Brazil Converter Transformer Market by Type
5.4.3.2 Argentina Converter Transformer Market
5.4.3.2.1 Argentina Converter Transformer Market by Application
5.4.3.2.2 Argentina Converter Transformer Market by Type
5.4.3.3 UAE Converter Transformer Market
5.4.3.3.1 UAE Converter Transformer Market by Application
5.4.3.3.2 UAE Converter Transformer Market by Type
5.4.3.4 Saudi Arabia Converter Transformer Market
5.4.3.4.1 Saudi Arabia Converter Transformer Market by Application
5.4.3.4.2 Saudi Arabia Converter Transformer Market by Type
5.4.3.5 South Africa Converter Transformer Market
5.4.3.5.1 South Africa Converter Transformer Market by Application
5.4.3.5.2 South Africa Converter Transformer Market by Type
5.4.3.6 Nigeria Converter Transformer Market
5.4.3.6.1 Nigeria Converter Transformer Market by Application
5.4.3.6.2 Nigeria Converter Transformer Market by Type
5.4.3.7 Rest of LAMEA Converter Transformer Market
5.4.3.7.1 Rest of LAMEA Converter Transformer Market by Application
5.4.3.7.2 Rest of LAMEA Converter Transformer Market by Type

Chapter 6. Company Profiles
6.1 ABB Group
6.1.1 Company Overview
6.1.1 Financial Analysis
6.1.2 Segmental and Regional Analysis
6.1.3 Research & Development Expense
6.1.4 Recent strategies and developments:
6.1.4.1 Partnerships, Collaborations, and Agreements:
6.1.4.2 Acquisition and Mergers:
6.1.5 SWOT Analysis
6.2 Siemens AG
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Product Launches and Product Expansions:
6.2.5.2 Acquisition and Mergers:
6.2.6 SWOT Analysis
6.3 General Electric (GE) Co.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 SWOT Analysis
6.4 Toshiba Corporation
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research and Development Expense
6.4.5 SWOT Analysis
6.5 Mitsubishi Electric Corporation
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.5.5 SWOT Analysis
6.6 Kirloskar Electric Co. Ltd.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental Analysis
6.7 CG Power & Industrial Solutions Ltd. (Murugappa Group)
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.8 Bharat Heavy Electricals Ltd.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental Analysis
6.9 Xi'an Xidian Transformer Co., Ltd.
6.9.1 Company Overview
TABLE 1 Global Converter Transformer Market, 2018 - 2021, USD Million
TABLE 2 Global Converter Transformer Market, 2022 - 2028, USD Million
TABLE 3 Global Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 4 Global Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 5 Global Grid Connections Market by Region, 2018 - 2021, USD Million
TABLE 6 Global Grid Connections Market by Region, 2022 - 2028, USD Million
TABLE 7 Global Wind Farms Market by Region, 2018 - 2021, USD Million
TABLE 8 Global Wind Farms Market by Region, 2022 - 2028, USD Million
TABLE 9 Global Oil & Gas Market by Region, 2018 - 2021, USD Million
TABLE 10 Global Oil & Gas Market by Region, 2022 - 2028, USD Million
TABLE 11 Global Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 12 Global Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 13 Global 401-600 Kv Market by Region, 2018 - 2021, USD Million
TABLE 14 Global 401-600 Kv Market by Region, 2022 - 2028, USD Million
TABLE 15 Global 201-400 Kv Market by Region, 2018 - 2021, USD Million
TABLE 16 Global 201-400 Kv Market by Region, 2022 - 2028, USD Million
TABLE 17 Global 601-800 Kv Market by Region, 2018 - 2021, USD Million
TABLE 18 Global 601-800 Kv Market by Region, 2022 - 2028, USD Million
TABLE 19 Global Converter Transformer Market by Region, 2018 - 2021, USD Million
TABLE 20 Global Converter Transformer Market by Region, 2022 - 2028, USD Million
TABLE 21 North America Converter Transformer Market, 2018 - 2021, USD Million
TABLE 22 North America Converter Transformer Market, 2022 - 2028, USD Million
TABLE 23 North America Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 24 North America Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 25 North America Grid Connections Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Grid Connections Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Wind Farms Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Wind Farms Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 32 North America Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 33 North America 401-600 Kv Market by Country, 2018 - 2021, USD Million
TABLE 34 North America 401-600 Kv Market by Country, 2022 - 2028, USD Million
TABLE 35 North America 201-400 Kv Market by Country, 2018 - 2021, USD Million
TABLE 36 North America 201-400 Kv Market by Country, 2022 - 2028, USD Million
TABLE 37 North America 601-800 Kv Market by Country, 2018 - 2021, USD Million
TABLE 38 North America 601-800 Kv Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Converter Transformer Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Converter Transformer Market by Country, 2022 - 2028, USD Million
TABLE 41 US Converter Transformer Market, 2018 - 2021, USD Million
TABLE 42 US Converter Transformer Market, 2022 - 2028, USD Million
TABLE 43 US Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 44 US Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 45 US Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 46 US Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 47 Canada Converter Transformer Market, 2018 - 2021, USD Million
TABLE 48 Canada Converter Transformer Market, 2022 - 2028, USD Million
TABLE 49 Canada Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 50 Canada Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 51 Canada Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 52 Canada Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 53 Mexico Converter Transformer Market, 2018 - 2021, USD Million
TABLE 54 Mexico Converter Transformer Market, 2022 - 2028, USD Million
TABLE 55 Mexico Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 56 Mexico Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 57 Mexico Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 58 Mexico Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 59 Rest of North America Converter Transformer Market, 2018 - 2021, USD Million
TABLE 60 Rest of North America Converter Transformer Market, 2022 - 2028, USD Million
TABLE 61 Rest of North America Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 62 Rest of North America Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 63 Rest of North America Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 64 Rest of North America Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 65 Europe Converter Transformer Market, 2018 - 2021, USD Million
TABLE 66 Europe Converter Transformer Market, 2022 - 2028, USD Million
TABLE 67 Europe Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 68 Europe Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 69 Europe Grid Connections Market by Country, 2018 - 2021, USD Million
TABLE 70 Europe Grid Connections Market by Country, 2022 - 2028, USD Million
TABLE 71 Europe Wind Farms Market by Country, 2018 - 2021, USD Million
TABLE 72 Europe Wind Farms Market by Country, 2022 - 2028, USD Million
TABLE 73 Europe Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 74 Europe Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 75 Europe Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 76 Europe Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 77 Europe 401-600 Kv Market by Country, 2018 - 2021, USD Million
TABLE 78 Europe 401-600 Kv Market by Country, 2022 - 2028, USD Million
TABLE 79 Europe 201-400 Kv Market by Country, 2018 - 2021, USD Million
TABLE 80 Europe 201-400 Kv Market by Country, 2022 - 2028, USD Million
TABLE 81 Europe 601-800 Kv Market by Country, 2018 - 2021, USD Million
TABLE 82 Europe 601-800 Kv Market by Country, 2022 - 2028, USD Million
TABLE 83 Europe Converter Transformer Market by Country, 2018 - 2021, USD Million
TABLE 84 Europe Converter Transformer Market by Country, 2022 - 2028, USD Million
TABLE 85 Germany Converter Transformer Market, 2018 - 2021, USD Million
TABLE 86 Germany Converter Transformer Market, 2022 - 2028, USD Million
TABLE 87 Germany Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 88 Germany Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 89 Germany Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 90 Germany Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 91 UK Converter Transformer Market, 2018 - 2021, USD Million
TABLE 92 UK Converter Transformer Market, 2022 - 2028, USD Million
TABLE 93 UK Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 94 UK Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 95 UK Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 96 UK Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 97 France Converter Transformer Market, 2018 - 2021, USD Million
TABLE 98 France Converter Transformer Market, 2022 - 2028, USD Million
TABLE 99 France Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 100 France Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 101 France Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 102 France Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 103 Russia Converter Transformer Market, 2018 - 2021, USD Million
TABLE 104 Russia Converter Transformer Market, 2022 - 2028, USD Million
TABLE 105 Russia Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 106 Russia Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 107 Russia Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 108 Russia Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 109 Spain Converter Transformer Market, 2018 - 2021, USD Million
TABLE 110 Spain Converter Transformer Market, 2022 - 2028, USD Million
TABLE 111 Spain Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 112 Spain Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 113 Spain Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 114 Spain Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 115 Italy Converter Transformer Market, 2018 - 2021, USD Million
TABLE 116 Italy Converter Transformer Market, 2022 - 2028, USD Million
TABLE 117 Italy Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 118 Italy Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 119 Italy Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 120 Italy Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 121 Rest of Europe Converter Transformer Market, 2018 - 2021, USD Million
TABLE 122 Rest of Europe Converter Transformer Market, 2022 - 2028, USD Million
TABLE 123 Rest of Europe Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 124 Rest of Europe Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 125 Rest of Europe Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 126 Rest of Europe Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 127 Asia Pacific Converter Transformer Market, 2018 - 2021, USD Million
TABLE 128 Asia Pacific Converter Transformer Market, 2022 - 2028, USD Million
TABLE 129 Asia Pacific Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 130 Asia Pacific Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 131 Asia Pacific Grid Connections Market by Country, 2018 - 2021, USD Million
TABLE 132 Asia Pacific Grid Connections Market by Country, 2022 - 2028, USD Million
TABLE 133 Asia Pacific Wind Farms Market by Country, 2018 - 2021, USD Million
TABLE 134 Asia Pacific Wind Farms Market by Country, 2022 - 2028, USD Million
TABLE 135 Asia Pacific Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 136 Asia Pacific Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 137 Asia Pacific Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 138 Asia Pacific Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 139 Asia Pacific 401-600 Kv Market by Country, 2018 - 2021, USD Million
TABLE 140 Asia Pacific 401-600 Kv Market by Country, 2022 - 2028, USD Million
TABLE 141 Asia Pacific 201-400 Kv Market by Country, 2018 - 2021, USD Million
TABLE 142 Asia Pacific 201-400 Kv Market by Country, 2022 - 2028, USD Million
TABLE 143 Asia Pacific 601-800 Kv Market by Country, 2018 - 2021, USD Million
TABLE 144 Asia Pacific 601-800 Kv Market by Country, 2022 - 2028, USD Million
TABLE 145 Asia Pacific Converter Transformer Market by Country, 2018 - 2021, USD Million
TABLE 146 Asia Pacific Converter Transformer Market by Country, 2022 - 2028, USD Million
TABLE 147 China Converter Transformer Market, 2018 - 2021, USD Million
TABLE 148 China Converter Transformer Market, 2022 - 2028, USD Million
TABLE 149 China Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 150 China Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 151 China Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 152 China Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 153 Japan Converter Transformer Market, 2018 - 2021, USD Million
TABLE 154 Japan Converter Transformer Market, 2022 - 2028, USD Million
TABLE 155 Japan Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 156 Japan Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 157 Japan Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 158 Japan Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 159 India Converter Transformer Market, 2018 - 2021, USD Million
TABLE 160 India Converter Transformer Market, 2022 - 2028, USD Million
TABLE 161 India Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 162 India Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 163 India Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 164 India Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 165 South Korea Converter Transformer Market, 2018 - 2021, USD Million
TABLE 166 South Korea Converter Transformer Market, 2022 - 2028, USD Million
TABLE 167 South Korea Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 168 South Korea Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 169 South Korea Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 170 South Korea Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 171 Singapore Converter Transformer Market, 2018 - 2021, USD Million
TABLE 172 Singapore Converter Transformer Market, 2022 - 2028, USD Million
TABLE 173 Singapore Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 174 Singapore Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 175 Singapore Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 176 Singapore Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 177 Malaysia Converter Transformer Market, 2018 - 2021, USD Million
TABLE 178 Malaysia Converter Transformer Market, 2022 - 2028, USD Million
TABLE 179 Malaysia Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 180 Malaysia Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 181 Malaysia Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 182 Malaysia Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 183 Rest of Asia Pacific Converter Transformer Market, 2018 - 2021, USD Million
TABLE 184 Rest of Asia Pacific Converter Transformer Market, 2022 - 2028, USD Million
TABLE 185 Rest of Asia Pacific Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 186 Rest of Asia Pacific Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 187 Rest of Asia Pacific Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 188 Rest of Asia Pacific Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 189 LAMEA Converter Transformer Market, 2018 - 2021, USD Million
TABLE 190 LAMEA Converter Transformer Market, 2022 - 2028, USD Million
TABLE 191 LAMEA Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 192 LAMEA Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 193 LAMEA Grid Connections Market by Country, 2018 - 2021, USD Million
TABLE 194 LAMEA Grid Connections Market by Country, 2022 - 2028, USD Million
TABLE 195 LAMEA Wind Farms Market by Country, 2018 - 2021, USD Million
TABLE 196 LAMEA Wind Farms Market by Country, 2022 - 2028, USD Million
TABLE 197 LAMEA Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 198 LAMEA Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 199 LAMEA Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 200 LAMEA Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 201 LAMEA 401-600 Kv Market by Country, 2018 - 2021, USD Million
TABLE 202 LAMEA 401-600 Kv Market by Country, 2022 - 2028, USD Million
TABLE 203 LAMEA 201-400 Kv Market by Country, 2018 - 2021, USD Million
TABLE 204 LAMEA 201-400 Kv Market by Country, 2022 - 2028, USD Million
TABLE 205 LAMEA 601-800 Kv Market by Country, 2018 - 2021, USD Million
TABLE 206 LAMEA 601-800 Kv Market by Country, 2022 - 2028, USD Million
TABLE 207 LAMEA Converter Transformer Market by Country, 2018 - 2021, USD Million
TABLE 208 LAMEA Converter Transformer Market by Country, 2022 - 2028, USD Million
TABLE 209 Brazil Converter Transformer Market, 2018 - 2021, USD Million
TABLE 210 Brazil Converter Transformer Market, 2022 - 2028, USD Million
TABLE 211 Brazil Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 212 Brazil Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 213 Brazil Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 214 Brazil Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 215 Argentina Converter Transformer Market, 2018 - 2021, USD Million
TABLE 216 Argentina Converter Transformer Market, 2022 - 2028, USD Million
TABLE 217 Argentina Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 218 Argentina Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 219 Argentina Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 220 Argentina Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 221 UAE Converter Transformer Market, 2018 - 2021, USD Million
TABLE 222 UAE Converter Transformer Market, 2022 - 2028, USD Million
TABLE 223 UAE Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 224 UAE Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 225 UAE Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 226 UAE Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 227 Saudi Arabia Converter Transformer Market, 2018 - 2021, USD Million
TABLE 228 Saudi Arabia Converter Transformer Market, 2022 - 2028, USD Million
TABLE 229 Saudi Arabia Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 230 Saudi Arabia Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 231 Saudi Arabia Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 232 Saudi Arabia Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 233 South Africa Converter Transformer Market, 2018 - 2021, USD Million
TABLE 234 South Africa Converter Transformer Market, 2022 - 2028, USD Million
TABLE 235 South Africa Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 236 South Africa Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 237 South Africa Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 238 South Africa Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 239 Nigeria Converter Transformer Market, 2018 - 2021, USD Million
TABLE 240 Nigeria Converter Transformer Market, 2022 - 2028, USD Million
TABLE 241 Nigeria Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 242 Nigeria Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 243 Nigeria Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 244 Nigeria Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 245 Rest of LAMEA Converter Transformer Market, 2018 - 2021, USD Million
TABLE 246 Rest of LAMEA Converter Transformer Market, 2022 - 2028, USD Million
TABLE 247 Rest of LAMEA Converter Transformer Market by Application, 2018 - 2021, USD Million
TABLE 248 Rest of LAMEA Converter Transformer Market by Application, 2022 - 2028, USD Million
TABLE 249 Rest of LAMEA Converter Transformer Market by Type, 2018 - 2021, USD Million
TABLE 250 Rest of LAMEA Converter Transformer Market by Type, 2022 - 2028, USD Million
TABLE 251 Key Information – ABB Group
TABLE 252 Key Information – Siemens AG
TABLE 253 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 254 Key Information – Toshiba Corporation
TABLE 255 key information – Mitsubishi Electric Corporation
TABLE 256 Key Information – Kirloskar Electric Co., Ltd.
TABLE 257 Key Information – CG Power & Industrial Solutions Ltd.
TABLE 258 Key information – Bharat Heavy Electricals Ltd.
TABLE 259 Key Information – Xi'an Xidian Transformer Co., Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 Global Converter Transformer Market share by Application, 2021
FIG 3 Global Converter Transformer Market share by Application, 2028
FIG 4 Global Converter Transformer Market by Application, 2018 - 2028, USD Million
FIG 5 Global Converter Transformer Market share by Type, 2021
FIG 6 Global Converter Transformer Market share by Type, 2028
FIG 7 Global Converter Transformer Market by Type, 2018 - 2028, USD Million
FIG 8 Global Converter Transformer Market share by Region, 2021
FIG 9 Global Converter Transformer Market share by Region, 2028
FIG 10 Global Converter Transformer Market by Region, 2018 - 2028, USD Million
FIG 11 SWOT Analysis: ABB Group
FIG 12 Swot analysis: Siemens AG
FIG 13 Swot analysis: General electric (GE) Co.
FIG 14 SWOT Analysis: Toshiba Corporation
FIG 15 SWOT Analysis: Mitsubishi Electric Corporation

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