The Latin America, Middle East and Africa Power Transformer Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).
The power transformers have a voltage range that varies between 33kV to 400kV. The essential part of the power transformers is core, primary winding, and secondary winding. The other elements of the power transformers comprise tap changers, insulating materials, transformer tank, bushings, breather, conservator, explosion vent, Buchholz relay, and cooling system. Power transformers could be categorized based on turns ratio, core & winding construction, core material, and phases.
The transformer losses that affects power transformers’ efficiency are hysteresis loss, copper loss, flux loss, and eddy current loss. In the core power transformers, the secondary and primary windings surrounds the core. The core of these transformers is designed by stacking them to form the layer and linking two L-shaped steel strips. The strips are organized so that continuous joints are removed to avoid high reluctance at the joints.
Isolation transformers have a turns ratio that equals 1, indicating that the number of turns in the secondary and primary windings is same. They are utilized to separate the load from the origin of power while providing alternating currents. They protect people, operations, and electronic devices from electrical damage, shock, and noise. They are usually utilized in measurement devices, computers, laboratory and medical equipment, industrial machinery, and other sensitive equipment.
One of the most significant changes the African continent will experience in the twenty-first century is urbanization. Cities in Africa are the youngest and changing the fastest, with the fastest population growth rates worldwide. They are projected to have a significant impact on Africa's economic, social, and political landscape in the ensuing decades. Therefore, urbanization offers a tremendous opportunity to further the 2030 and 2063 development objectives. This would further support the growth of the power transformer market.
The Brazil market dominated the LAMEA Power Transformer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $660 Million by 2028. The Argentina market is experiencing a CAGR of 9.1% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 8.2% during (2022 - 2028).
Based on Insulation, the market is segmented into Oil, Gas, Air, Solid and Others. Based on Application, the market is segmented into Industrial, Residential & Commercial and Utilities. Based on Rating, the market is segmented into 100 MVA to 500 MVA, 501 MVA to 800 MVA and 801 MVA to 1,200 MVA. Based on Phase, the market is segmented into Three and Single. Based on Core, the market is segmented into Shell, Closed and Berry. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Power Transformer Market is Predict to reach $33.7 Billion by 2028, at a CAGR of 6.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Toshiba Corporation, ABB Group, General Electric Company, Siemens Energy AG, Alstom SA, Mitsubishi Electric Corporation, Hyosung Heavy Industries Corporation, CG Power & Industrial Solutions Ltd. (Murugappa Group), Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.), and Bharat Heavy Electricals Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Insulation
By Application
- Industrial
- Residential & Commercial
- Utilities
By Rating
- 100 MVA to 500 MVA
- 501 MVA to 800 MVA
- 801 MVA to 1,200 MVA
By Phase
By Core
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Toshiba Corporation
- ABB Group
- General Electric Company
- Siemens Energy AG
- Alstom SA
- Mitsubishi Electric Corporation
- Hyosung Heavy Industries Corporation
- CG Power & Industrial Solutions Ltd. (Murugappa Group)
- Hyundai Construction Equipment Co., Ltd. (Hyundai Heavy Industries Co., Ltd.)
- Bharat Heavy Electricals Ltd.
TABLE 1 LAMEA Power Transformer Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Power Transformer Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Power Transformer Market by Insulation, 2018 - 2021, USD Million
TABLE 4 LAMEA Power Transformer Market by Insulation, 2022 - 2028, USD Million
TABLE 5 LAMEA Oil Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Oil Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Gas Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Gas Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Air Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Air Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Solid Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Solid Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Power Transformer Market by Application, 2018 - 2021, USD Million
TABLE 16 LAMEA Power Transformer Market by Application, 2022 - 2028, USD Million
TABLE 17 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Residential & Commercial Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Residential & Commercial Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Utilities Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Utilities Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Power Transformer Market by Rating, 2018 - 2021, USD Million
TABLE 24 LAMEA Power Transformer Market by Rating, 2022 - 2028, USD Million
TABLE 25 LAMEA 100 MVA to 500 MVA Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA 100 MVA to 500 MVA Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA 501 MVA to 800 MVA Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA 501 MVA to 800 MVA Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA 801 MVA to 1,200 MVA Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA 801 MVA to 1,200 MVA Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Power Transformer Market by Phase, 2018 - 2021, USD Million
TABLE 32 LAMEA Power Transformer Market by Phase, 2022 - 2028, USD Million
TABLE 33 LAMEA Three Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Three Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Single Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Single Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Power Transformer Market by Core, 2018 - 2021, USD Million
TABLE 38 LAMEA Power Transformer Market by Core, 2022 - 2028, USD Million
TABLE 39 LAMEA Shell Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Shell Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Closed Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Closed Market by Country, 2022 - 2028, USD Million
TABLE 43 LAMEA Berry Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Berry Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA Power Transformer Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA Power Transformer Market by Country, 2022 - 2028, USD Million
TABLE 47 Brazil Power Transformer Market, 2018 - 2021, USD Million
TABLE 48 Brazil Power Transformer Market, 2022 - 2028, USD Million
TABLE 49 Brazil Power Transformer Market by Insulation, 2018 - 2021, USD Million
TABLE 50 Brazil Power Transformer Market by Insulation, 2022 - 2028, USD Million
TABLE 51 Brazil Power Transformer Market by Application, 2018 - 2021, USD Million
TABLE 52 Brazil Power Transformer Market by Application, 2022 - 2028, USD Million
TABLE 53 Brazil Power Transformer Market by Rating, 2018 - 2021, USD Million
TABLE 54 Brazil Power Transformer Market by Rating, 2022 - 2028, USD Million
TABLE 55 Brazil Power Transformer Market by Phase, 2018 - 2021, USD Million
TABLE 56 Brazil Power Transformer Market by Phase, 2022 - 2028, USD Million
TABLE 57 Brazil Power Transformer Market by Core, 2018 - 2021, USD Million
TABLE 58 Brazil Power Transformer Market by Core, 2022 - 2028, USD Million
TABLE 59 Argentina Power Transformer Market, 2018 - 2021, USD Million
TABLE 60 Argentina Power Transformer Market, 2022 - 2028, USD Million
TABLE 61 Argentina Power Transformer Market by Insulation, 2018 - 2021, USD Million
TABLE 62 Argentina Power Transformer Market by Insulation, 2022 - 2028, USD Million
TABLE 63 Argentina Power Transformer Market by Application, 2018 - 2021, USD Million
TABLE 64 Argentina Power Transformer Market by Application, 2022 - 2028, USD Million
TABLE 65 Argentina Power Transformer Market by Rating, 2018 - 2021, USD Million
TABLE 66 Argentina Power Transformer Market by Rating, 2022 - 2028, USD Million
TABLE 67 Argentina Power Transformer Market by Phase, 2018 - 2021, USD Million
TABLE 68 Argentina Power Transformer Market by Phase, 2022 - 2028, USD Million
TABLE 69 Argentina Power Transformer Market by Core, 2018 - 2021, USD Million
TABLE 70 Argentina Power Transformer Market by Core, 2022 - 2028, USD Million
TABLE 71 UAE Power Transformer Market, 2018 - 2021, USD Million
TABLE 72 UAE Power Transformer Market, 2022 - 2028, USD Million
TABLE 73 UAE Power Transformer Market by Insulation, 2018 - 2021, USD Million
TABLE 74 UAE Power Transformer Market by Insulation, 2022 - 2028, USD Million
TABLE 75 UAE Power Transformer Market by Application, 2018 - 2021, USD Million
TABLE 76 UAE Power Transformer Market by Application, 2022 - 2028, USD Million
TABLE 77 UAE Power Transformer Market by Rating, 2018 - 2021, USD Million
TABLE 78 UAE Power Transformer Market by Rating, 2022 - 2028, USD Million
TABLE 79 UAE Power Transformer Market by Phase, 2018 - 2021, USD Million
TABLE 80 UAE Power Transformer Market by Phase, 2022 - 2028, USD Million
TABLE 81 UAE Power Transformer Market by Core, 2018 - 2021, USD Million
TABLE 82 UAE Power Transformer Market by Core, 2022 - 2028, USD Million
TABLE 83 Saudi Arabia Power Transformer Market, 2018 - 2021, USD Million
TABLE 84 Saudi Arabia Power Transformer Market, 2022 - 2028, USD Million
TABLE 85 Saudi Arabia Power Transformer Market by Insulation, 2018 - 2021, USD Million
TABLE 86 Saudi Arabia Power Transformer Market by Insulation, 2022 - 2028, USD Million
TABLE 87 Saudi Arabia Power Transformer Market by Application, 2018 - 2021, USD Million
TABLE 88 Saudi Arabia Power Transformer Market by Application, 2022 - 2028, USD Million
TABLE 89 Saudi Arabia Power Transformer Market by Rating, 2018 - 2021, USD Million
TABLE 90 Saudi Arabia Power Transformer Market by Rating, 2022 - 2028, USD Million
TABLE 91 Saudi Arabia Power Transformer Market by Phase, 2018 - 2021, USD Million
TABLE 92 Saudi Arabia Power Transformer Market by Phase, 2022 - 2028, USD Million
TABLE 93 Saudi Arabia Power Transformer Market by Core, 2018 - 2021, USD Million
TABLE 94 Saudi Arabia Power Transformer Market by Core, 2022 - 2028, USD Million
TABLE 95 South Africa Power Transformer Market, 2018 - 2021, USD Million
TABLE 96 South Africa Power Transformer Market, 2022 - 2028, USD Million
TABLE 97 South Africa Power Transformer Market by Insulation, 2018 - 2021, USD Million
TABLE 98 South Africa Power Transformer Market by Insulation, 2022 - 2028, USD Million
TABLE 99 South Africa Power Transformer Market by Application, 2018 - 2021, USD Million
TABLE 100 South Africa Power Transformer Market by Application, 2022 - 2028, USD Million
TABLE 101 South Africa Power Transformer Market by Rating, 2018 - 2021, USD Million
TABLE 102 South Africa Power Transformer Market by Rating, 2022 - 2028, USD Million
TABLE 103 South Africa Power Transformer Market by Phase, 2018 - 2021, USD Million
TABLE 104 South Africa Power Transformer Market by Phase, 2022 - 2028, USD Million
TABLE 105 South Africa Power Transformer Market by Core, 2018 - 2021, USD Million
TABLE 106 South Africa Power Transformer Market by Core, 2022 - 2028, USD Million
TABLE 107 Nigeria Power Transformer Market, 2018 - 2021, USD Million
TABLE 108 Nigeria Power Transformer Market, 2022 - 2028, USD Million
TABLE 109 Nigeria Power Transformer Market by Insulation, 2018 - 2021, USD Million
TABLE 110 Nigeria Power Transformer Market by Insulation, 2022 - 2028, USD Million
TABLE 111 Nigeria Power Transformer Market by Application, 2018 - 2021, USD Million
TABLE 112 Nigeria Power Transformer Market by Application, 2022 - 2028, USD Million
TABLE 113 Nigeria Power Transformer Market by Rating, 2018 - 2021, USD Million
TABLE 114 Nigeria Power Transformer Market by Rating, 2022 - 2028, USD Million
TABLE 115 Nigeria Power Transformer Market by Phase, 2018 - 2021, USD Million
TABLE 116 Nigeria Power Transformer Market by Phase, 2022 - 2028, USD Million
TABLE 117 Nigeria Power Transformer Market by Core, 2018 - 2021, USD Million
TABLE 118 Nigeria Power Transformer Market by Core, 2022 - 2028, USD Million
TABLE 119 Rest of LAMEA Power Transformer Market, 2018 - 2021, USD Million
TABLE 120 Rest of LAMEA Power Transformer Market, 2022 - 2028, USD Million
TABLE 121 Rest of LAMEA Power Transformer Market by Insulation, 2018 - 2021, USD Million
TABLE 122 Rest of LAMEA Power Transformer Market by Insulation, 2022 - 2028, USD Million
TABLE 123 Rest of LAMEA Power Transformer Market by Application, 2018 - 2021, USD Million
TABLE 124 Rest of LAMEA Power Transformer Market by Application, 2022 - 2028, USD Million
TABLE 125 Rest of LAMEA Power Transformer Market by Rating, 2018 - 2021, USD Million
TABLE 126 Rest of LAMEA Power Transformer Market by Rating, 2022 - 2028, USD Million
TABLE 127 Rest of LAMEA Power Transformer Market by Phase, 2018 - 2021, USD Million
TABLE 128 Rest of LAMEA Power Transformer Market by Phase, 2022 - 2028, USD Million
TABLE 129 Rest of LAMEA Power Transformer Market by Core, 2018 - 2021, USD Million
TABLE 130 Rest of LAMEA Power Transformer Market by Core, 2022 - 2028, USD Million
TABLE 131 Key Information – Toshiba Corporation
TABLE 132 Key Information – ABB Group
TABLE 133 KEY INFORMATION – GENERAL ELECTRIC Company
TABLE 134 Key Information – Siemens Energy AG
TABLE 135 Key Information – aLSTOM SA
TABLE 136 key information – Mitsubishi Electric Corporation
TABLE 137 Key Information – Hyosung Heavy Industries Corporation
TABLE 138 Key Information – CG Power & Industrial Solutions Ltd.
TABLE 139 Key Information – Hyundai Construction Equipment Co., Ltd.
TABLE 140 Key information – Bharat Heavy Electricals Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Toshiba Corporation
FIG 3 SWOT Analysis: ABB Group
FIG 4 Swot analysis: General electric (GE) Co.
FIG 5 Recent strategies and developments: Siemens Energy AG