Outlook on the Industrial Control Transformer Global Market to 2027 - by Power Rating, Phase Type, End-user and Geography
Dublin, Feb. 01, 2021 (GLOBE NEWSWIRE) -- The "Industrial Control Transformer - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
According to this report, the Global Industrial Control Transformer market accounted for $790.45 million in 2019 and is expected to reach $1,368.33 million by 2027 growing at a CAGR of 7.1% during the forecast period. Some of the key factors propelling the growth of the market are growing power sector, equipment failure in various industries due to frequent voltage spikes, and rapid urbanization. However, the sluggish growth of the oil & gas industry is the restraining factor for the growth of the market.
Industrial control transformers are specially designed for industrial applications that require relays, solenoids, and other electromagnetic devices. They provide good voltage regulation and a high degree of secondary voltage stability during a brief period of the overload condition. These transformers are generally customized according to the requirement of the end-user.
By phase type, the three-phase segment is expected to grow at a significant market share during the forecast period because it provides better efficiency in industrial applications as compared to the single-phase segment. Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to industrialization and infrastructural developments taking place in the major economies like China and India.
Some of the key players in Industrial Control Transformer Market include Rockwell Automation, Siemens Energy & Automation Inc, MCI Transformers, Emerson Electric Co, ABB, Toshiba Corporation, Schneider Electric, Bharat Heavy Electricals Limited, Mitsubishi Electric Corporation, Eaton, Crompton Greaves Limited, Hyundai Heavy Industries Co Ltd, Hubbell, SNC Manufacturing Co Ltd, Hammond Power Solutions Inc, Foster Transformer Company, Broadman Transformers, and Procon Controls.
Power Ratings Covered:
Above 1,500 VA
1,000-1,500 VA
500-1,000 VA
25-500 VA
Phase Types Covered:
Three Phase
Single Phase
End Users Covered:
Oil & Gas
Power Generation
Chemical
Metal & Mining
Other End Users
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What the report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends Company Profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End-user Analysis
3.7 Emerging Markets
3.8 Impact of COVID-19
4 Porters Five Forces Analysis
4.1 Bargaining Power of Suppliers
4.2 Bargaining Power of Buyers
4.3 Threat of Substitutes
4.4 Threat of New Entrants
4.5 Competitive Rivalry
5 Global Industrial Control Transformer Market, By Power Rating
5.1 Introduction
5.2 Above 1,500 VA
5.3 1,000-1,500 VA
5.4 500-1,000 VA
5.5 25-500 VA
6 Global Industrial Control Transformer Market, By Phase Type
6.1 Introduction
6.2 Three Phase
6.3 Single Phase
7 Global Industrial Control Transformer Market, By End-user
7.1 Introduction
7.2 Oil & Gas
7.3 Power Generation
7.4 Chemical
7.5 Metal & Mining
7.5.1 Aluminum
7.5.2 Steel
7.5.3 Iron
7.6 Other End-users
7.6.1 Cement
7.6.2 Food & Beverage
7.6.3 Paper & Pulp
7.6.4 Water & Wastewater Industries
7.6.5 Glass
8 Global Industrial Control Transformer Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia-Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launches
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Rockwell Automation
10.2 Siemens Energy & Automation Inc.
10.3 MCI Transformers
10.4 Emerson Electric Co
10.5 ABB
10.6 Toshiba Corporation
10.7 Schneider Electric
10.8 Bharat Heavy Electricals Limited
10.9 Mitsubishi Electric Corporation
10.10 Eaton
10.11 Crompton Greaves Limited
10.12 Hyundai Heavy Industries Co Ltd.
10.13 Hubbell
10.14 SNC Manufacturing Co Ltd.
10.15 Hammond Power Solutions Inc.
10.16 Foster Transformer Company
10.17 Boardman Transformers
10.18 Procon Controls
For more information about this report visit https://www.researchandmarkets.com/r/8vjk6b
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