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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

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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

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900