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    Oil Filled Transformer Market Report

    Oil Filled Transformer Market Report
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    Oil Filled Transformer Market Size, Share, Trend, Forecast, & Industry Analysis &ndash See more...

    Impact of COVID-19 on Oil Filled Transformer Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Oil Filled Transformer Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Oil Filled Transformer Market is likely to witness an impressive CAGR of 6.2% during the forecast period. Development of effective grid systems due to increasing spending on the upgrading of electric infrastructure, initiatives to rejuvenate power grids and making them sustainable, resilient, and affordable and growing electricity demand are some of the major factors driving the market growth during the forecast period.

    Oil Filled Transformer Market - Snapshot

    Growth

    6.2% for the next five years

    Major Core Type

    Shell

    Leading Product Type

    Power Transformer

    Major Winding Type

    Auto Transformer

    Major Installation Type

    Outdoor

    Leading Phase Type

    Three Phase

    Major Application Type

    Utility

    Region with the highest demand

    North America

    Key Players

    ABB Ltd, CNC Electric Group Co.,Ltd., Eaton Corporation plc, Elsewedy Electric Co S.A.E., General Electric, ISMET Gmbh, Ormazabal, Schneider Electric SE, Siemens AG, and Toshiba Corporation

    Segment Analysis

    Oil-Filled-Transformer-Market-Dominant-Segments

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    Oil Filled Transformer Market Share: By Core Type

    Based on the core type, the market is segmented as closed, shell, and berry. Shell oil filled transformer is projected to witness strong growth rate in the market owing to the development of HVDC networks to fulfil the continuously increasing electricity demand. Furthermore, the widespread application of shell transformers across higher power ratings and higher voltages, and their special design, that gives them innately better kVA to weight ratio, improved immunity to transit damage and healthier short circuit strength features will boost the product demand during the forecast period.

    Oil Filled Transformer Market Share: By Product Type

    Based on the product type, the market is segmented as distribution transformer, power transformer, instrument transformer, and others. Power transformer is anticipated to be the leading segment of the market owing to the growing need for a competent transmission system to safeguard reliable power supply. In addition, optimistic leaning towards the development of high voltage lines to accommodate the surging electricity demand across developed economies will fuel the segment growth over the forecast period.

    Oil Filled Transformer Market Share: By Installation Type

    Based on the installation type, the market is segmented as outdoor and indoor. Outdoor oil filled transformers are likely to take the lead in the market on account of their ability to function at high voltage application ranges. In addition, along with offering optimum cooling strength they also mitigate the concerns relating to the dangers of fire, which boost their demand, thus driving the overall industry growth during the forecast period.

    Oil Filled Transformer Market Share: By Phase Type

    Based on the phase type, the market is segmented as three phase and single phase. Three-phase transformers are expected to be the bigger segment of the market during the forecast period owing to the advantageous regulatory policies for the upgradation of small-scale industrial sector across developing economies. Furthermore, the ability of three-phase transformers to run smoothly over voltages transmitted over long distances paired with their economic viability will further promote the product adoption.

    Oil Filled Transformer Market Share: By Application Type

    Based on the application type, the market is segmented as residential & commercial, utility, and industrial. The utility oil filled transformers market is estimated to be the leading segment of the market given the growing R&D spending aimed at the restoration of grid infrastructure coupled with huge fund distribution by regulatory authorities for the development of grid networks, which will further promote the industry landscape.

    Oil Filled Transformer Market Share: By Region

    In terms of regions, North America is estimated to be the leading region in the market owing to the ongoing technological improvements blended with amplified spending for the development of long-distance electricity networks in the US. On the other hand, Europe and the Middle East are also expected to offer substantial growth opportunities during the forecast period.

    Oil-Filled-Transformer-Market-By-Region

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    Market Scope & Segmentation

    Oil filled transformers are transformers whose windings and magnetic circuits are absorbed in oil with good electrical insulating properties to wedge the flow of current through the oil.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Oil Filled Transformer Market Research Report - Features

    Market Segmentation

    11

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The oil filled transformer market is segmented into the following categories.

    Oil Filled Transformer Market Size, Share, & Forecast, by Core Type:

    • Closed (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Shell (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Berry (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Oil Filled Transformer Market Size, Share, & Forecast, by Product Type:

    • Distribution Transformer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Power Transformer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Instrument Transformer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Oil Filled Transformer Market Size, Share, & Forecast, by Winding Type:

    • Two Winding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Auto Transformer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Oil Filled Transformer Market Size, Share, & Forecast, by Installation Type:

    • Outdoor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Indoor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Oil Filled Transformer Market Size, Share, & Forecast, by Modes of Cooling Type:

    • Oil Natural Air Natural (ONAN) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Oil Natural Water Forced (ONWF) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Oil Natural Air Forced (ONAF) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Oil Filled Transformer Market Size, Share, & Forecast, by Phase Type:

    • Three Phase (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Single Phase (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Oil Filled Transformer Market Size, Share, & Forecast, by Mounting Type:

    • Pad (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pole (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Foundation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Oil Filled Transformer Market Size, Share, & Forecast, by Rating Type:

    • < 5 MVA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 5 to 10 MVA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • >10 MVA (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Oil Filled Transformer Market Size, Share, & Forecast, by Substation Connectivity Type:

    • Distribution (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Transmission (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Oil Filled Transformer Market Size, Share, & Forecast, by Application Type:

    • Residential & Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Utility (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Oil Filled Transformer Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the key players in the oil filled transformer market are-

    • ABB Ltd
    • CNC Electric Group Co., Ltd.
    • Eaton Corporation plc
    • Elsewedy Electric Co S.A.E.
    • General Electric
    • ISMET Gmbh
    • Ormazabal
    • Schneider Electric SE
    • Siemens AG
    • Toshiba Corporation.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the rating types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].

    Frequently Asked Questions (FAQs)

    The oil filled transformer market is expected to grow at an impressive CAGR of 6.2% in the foreseeable future.

    ABB Ltd, CNC Electric Group Co.,Ltd., Eaton Corporation plc, Elsewedy Electric Co S.A.E., General Electric, ISMET Gmbh, Ormazabal, Schneider Electric SE, Siemens AG, and Toshiba Corporation are among the key players in the oil filled transformer market.

    North America is expected to be the leading oil filled transformer market during the forecast period.

    Shell oil filled transformer is expected to witness strong growth rate in the oil filled transformer market in the coming five years.

    Power transformer is expected to be the leading product type in the oil filled transformer market in the next five years.

    Development of effective grid systems due to increasing spending on the upgrading of electric infrastructure, initiatives to rejuvenate power grids and making them sustainable, resilient, and affordable and growing electricity demand are the factors driving the growth of oil filled transformer market.

    Three-phase transformers are expected to be the bigger segment of the oil filled transformer market in the coming years.

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