Power Transformers - Global Market Size, Average Pricing

and Competitive Landscape Analysis to 2020
Reference Code: GDPE1042MAR

Publication Date: May 2012

Global Power Transformer Market Expected to Grow
Considerably in Future
The global power transformer market revenues reached $XX in
2011. The transmission networks all over the world are getting
much-needed attention from utilities. Asia-Pacific and the
Middle East are the main regions which are driving the growth
of the market. Rising populations and economic growth in these
regions are leading to substantial investments in grid expansion
and strengthening.
New power transformers installations in North America and
Europe are comparatively lower. However, with XX% of power
transformers in these regions being more than XX years old,
the replacement market provides big opportunities for power
transformer companies. Supported by strong drivers, the global
power transformer market is expected to reach $XXm in 2020.
Global Power Transformer Market, Market Size, $m, 20112020

China and India, Key Markets for Power Transformers
China and India accounted for XX% of the global revenues in
2011. Massive transmission and distribution (T&D) investments
in these countries are a major driver for the global market. The
share of China and India in the global transformers market
revenues is expected to increase to XX% by 2020.
Previously in China, the focus has been on increasing the
power installed capacities to meet the growing electricity
demand there, which lead to under-investment in grid networks,
making them weak. However, this will change in the forecast
period with the transmission sector getting much-needed
investment. India has plans to add XX MW (Megawatts) of
installed capacity in the country’s XXth Five Year Plan (20122017) which will necessitate a large amount of investment in the
transmission network, thus driving the power transformer
market.
Power Transformer Market, India and China Market Share,
%, 2011-2020
2011

2020

India & China

Revenues ($m)

India & China
Others

Others

Source: GlobalData

2011

2020

Source: GlobalData

Power Transformers - Global Market Size, Average Pricing and
Competitive Landscape Analysis to 2020

GDPE1042MAR / Published MAY 2012
Page 1
© GlobalData. This report is a licensed product and is not to be copied,
reproduced, shared or resold in any form

.....3.......... 2006-2020 .4..................... 7 2.......... 2011 ....... 2006-2020................3..........1 Global Power Transformer Market...... Volume Split between Power and Distribution Transformer..............4.. Power Transformer Market....................................... Market Share by Revenues........ 2011 .......... 12 4........ 11 4.................... shared or resold in any form ................. reproduced............ Power Transformer Market........................................4...... 2006-2020............................................. Power Transformer Market Analysis............... 2011-2020...3 Russian Federation........ Power Transformer Market...4..... 7 Global Transformer Market .................. 12 4....3.................................. 21 Power Transformer Market......... 38 5................................... 3 1...........3 Large Scale Investments Make the Market Volatile ........................ 15 4.... 63 5............................................................3 Canada. Volume........... Overview...............................6 Global Power Transformer Market.4.. Revenue Analysis ($m).. 14 4............... Volume............................................ Power Transformer Market........4.... 2006-2020... (2006-2020).......................................... Annual Production Capacities of Major Players................................3... MVA.........2 GlobalData Report Guidance ........2 Russian Federation........................................Global Market Size........2 Replacement Market to Drive Power Transformer Demand in North America and Europe .........6 Germany......2... 15 4... Geographical Volume Split.....4 Middle East........... Restraints and Impact Analysis......................................... 2006-2020 .... 8 3........... Power Transformer Market........2 Germany...... Revenue Analysis ($m)..................................1 The US.. 7 2...................2 Canada.... 59 5.............7 Russian Federation...... 2006-2020................ Power Transformer Market.... $/MVA............................................ Power Transformer Market... 53 5... 34 5................ Overview ............... Power Transformer Market.......................... Power Transformer Market............... Key Countries ............................................. $/MVA..........3..................... 2011 ............6 Canada.................3 Thriving Economies in the Asia-Pacific to Lead the Demand for new Power Transformers 12 4..........1 Global Transformer Market.. 18 4........ a Prospective Market for Future.......6 The US.. Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 3 © GlobalData.............................. 41 5............................. Regulations and Key Initiatives....... Power Transformer Market........5 The US......5 Global Power Transformer Market...............1 Russian Federation.. Overview... a Constant Driver for the Market ......7 Global Power Transformer Market.......... MVA............. Power Transformer Market.......... 46 5.....................2 Global Power Transformer Market.................. 10 4.. 40 5..... 51 5.......................4 Germany..................1 List of Tables...........1 Global Transformer Market......3.......4.. 22 5................. Annual Production Capacities of Major Players..... 2006-2020.....3.. 22 5.. 2011..3 Germany.2. MVA. Power Transformer Market Analysis .......... 2006-2020.......... 42 5.............. Power Transformer Market...........1 Canada........... 13 4...4 The US................. 8 3.... MVA..2.......4............ Regulations and Key Initiatives ...............1 1 2 3 4 5 Table of Contents Table of Contents ................................. 2011-2020......................... Revenue Analysis ($m).....1.................. 48 5.........1 The US... Regulations and Key Initiatives........ Volume......... Power Transformer Market...... MVA.1 Raw material Price Fluctuations Dent the Profit Margins ........................5 Germany...............1....... Overview . Transformer Market.............. Power Transformer Market..... Power Transformer Market... 20 4............ 13 4............... Average Price......... 36 5.....7. 61 5.................................. Overview ............. Average Price...............2 Cheap Imports from Asian Countries Act as a Threat to the Local Players .3 Canada........ Power Transformer Market........... Power Transformer Market............. 14 4........................... 2006-2020. 11 4... 50 5...................... 53 5............................. Average Price....... 2006-2020................... $/MVA...............1 Overcapacity and Increasing Competition Leads to Pricing Pressures and Market Consolidation..................... 2006-2020 .................2... Power Transformer Market........................ Overview.. Power Transformer Market....................................6 Russian Federation.................... Challenges and Impact Analysis................ Market Share by Revenues (%).....2.. 42 5....... Regulations and Key Initiatives ... Power Transformer Market Analysis .. (%)....... 10 4..................... Power Transformer Market.............2...................1......................... This report is a licensed product and is not to be copied.. 32 5.......... 2011 ..................... 31 5. Power Transformer Market.... 44 5.......2. Drivers and Impact Analysis................ 2011-2020 ..... Average Price............ 24 5..... Market Share by Revenues (%).4 Global Power Transformer Market... MVA.................1 Power Transformer. $/MVA..........4 Canada. Market Share by Revenues (%)................. 63 Power Transformers .....................................5 Russian Federation............. 28 5..2 List of Figures... 2011......3 The US................2 Germany.......1... 6 Introduction .......... Revenue Analysis ($m)..... 16 4... 30 5....... 2006-2020 ........................ Volume................................3 Global Power Transformer Market..4.............. 2006-2020 ........... Volume...............................1.......... Market Share by Revenues (%). Power Transformer Market........ Power Transformer Market.. Power Transformer Market..... 57 5.... Market Forecast ($m)... 22 5... 5 1.....1.........................1 Germany..... 2011..............................................2........2 The US...............2.....4 Russian Federation........5 Canada.........1 Rising Electricity Demand..........3... 55 5...........................2 Local Competition Acts as an Entry Barrier ...2.................. Power Transformer Market Analysis........................... 14 4.4..... 26 5. 32 5........................4 Russian Federation..............2 Global Transformer Market............................................ MVA.. 9 Global Power Transformer Market Analysis .......

........5... 2006-2020............ Overview..................... Power Transformer Market....... 2006-2020 ..........3 Installed Capacity ........7........... 82 5.................................8......................................... Volume...............8 South Africa...........7 China.6.....2 India.... Power Transformer Market.... Power Transformer Market Analysis...........................3 China... ($/MVA)............................. $/MVA...........6................................1 India.. 108 6.................5......... 2006-2020 ..... Regulations and Key Initiatives.. 2011 .... 108 6.... Volume (MVA)...... (%)...............7 South Africa.......6..1 Italy........................ 75 5.......7.... Market Share by Revenues Analysis...................... Transformer Market.......... 104 6.................5 South Africa....... 2011 .... 100 5.................................. MVA.................... Power Transformer Market............... MVA....6.................................. Annual Production Capacities of Major Players........................................2 Abbreviations .... 109 Power Transformers .... Regulations and Key Initiatives .10 Disclaimer ........ 105 6...........................7........... Power Transformer Market....... 77 5....................4 China.....7....2 Italy................................ Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 4 © GlobalData....7 India... 108 6............. 2011 ...................... 87 5....5 China............... 66 5..................................5 India........1........................ 109 6.................. 2006-2020 .... 2006-2020..............6.... 94 5......................................4 South Africa... 94 5............. Power Transformer Market Analysis.......5 Italy..... 74 5...................... 104 6............................. 102 5..............................6 China........... ($m)................................... Revenue Analysis ($m)........................... 2006-2020.... Transformer Market........... Power Transformer Market.............................6............. Power Transformer Market Analysis................... shared or resold in any form ..............................................................8........ 107 6........ 81 5........................................... Power Transformer Market... Power Transformer Market.................... Transformer Market. ($/MVA)....................... Regulations and Key Initiatives ....8 Modeling and Forecasting... MVA.....8.................................................................................. Power Transformer Market..................... 93 5.. Overview ..9 Contact Us .......................... Power Transformer Market.......................1...........5. MVA........ Average Price.... 2011 ...................................7............ 83 5................... Volume.....................................6 South Africa........... Market Share by Revenues Analysis (%)......................... 79 5....... Transformer Market.......5..... 90 5..... 104 6................... Annual Production Capacities of Major Players......... Power Transformer Market.............................. This report is a licensed product and is not to be copied.6 Secondary Research ................................. Power Transformer Market......................... 2006-2020... 2011....2 South Africa.... 98 5.......... 73 5............ 104 6.....Global Market Size.........5 Coverage ............6 India..........4 Methodology ........... Annual Production Capacities of Major Players................... 104 6................................................................................. Power Transformer Market............... 2011... 96 5....... 64 5....1 Power.............3 Bibliography ................ Average Price. 103 6 Appendix .......... 2006-2020.. 103 5.............. Annual Production Capacities of Major Players. Average Price............................. Power Transformer Market............................................. Power Transformer Market..... MVA... 2011 ........................ 84 5.....7... Revenue Analysis..................... Regulations and Key Initiatives . Power Transformer Market...... Power Transformer Market...................1 China................... Power Transformer Market....... Overview ................... 108 6...... Power Transformer Market.........................8............. Power Transformer Market...........4 India....... Volume (MVA)........................3 Italy... 104 6.......6.................... $/MVA........2 Electricity Generation.....7 India................. 72 5.......... Power Transformer Market Analysis .. MVA.................. 68 5.......... Overview ................... Market Share by Revenues Analysis...... 2006-2020 ........... 83 5.........................1 South Africa... Power Transformer Market.5............4 Italy.......1 Definitions .....................2 China.............. 70 5..............................3 India........... 64 5................................. Revenue Analysis ($m)......... 2006-2020 ..7 Primary Research.................... Power Transformer Market. Power Transformer Market.. 2006-2020..6 Italy.......8.......6 China.5................5 Italy...............1.............. 91 5................7 Italy..................1............. 2006-2020.............. 82 5. Power Transformer Market................................. Average Price........ Power Transformer Market....... 2006-2020....7........................................................3 South Africa........... 2006-2020 ........... 93 5............... 2006-2020 ..........5....8........... Revenue Analysis................ 2011............................. Market Share by Revenues Analysis (%)..............8..................... (%)....................................... ($m)...... 74 5.............. reproduced...................................5. 71 5.... 104 6.4 Renewable Power...................................................

.......... MVA..... 89 Power Transformer Market............................... %... Grid Investment...... China............... %...... 21 Global Transformer Market.. 2006-2020 . South Africa. 17 Global Power Transformer Market....... %...... 95 Power Transformer Market...... China......... 2011..............Global Market Size........ 2008-2027 ....... 2005-2008 ................ $/MVA............ TYDP Targets.. Russia...... 56 Power Transformer Market...... Average Price.................................... Market Shares by Revenues.............. India. 93 Power Transformer Market.... 2006-2020 ..... 2006-2020........ 2006-2020........... 33 Power Transformer Market.......................................... $/MVA.... 2006-2020................... Germany.. $/MVA... MVA................................... Italy..... China... 2011-2020................ 2006-2020........................... Power Generation.. 2011 ....... Market Size............... 80 Power Transformer Market.. 2006–2020. South Africa.......... MVA........ Germany....... 29 Power Transformer Market. Germany.... 35 Power Transformer Market.... China....... MVA...... Average Price........... 2011 ....................... 23 Power Transformer Market................. Volume..... $/MVA... 2006-2020........ 63 Power Transformer Market...... Power Generation......... MVA.. 103 Power Transformers . Market Share by Revenues.... 87 Power Transformer Market.. $/MVA.... shared or resold in any form . South Africa..... 102 Transformer Market..... Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 5 © GlobalData. Average Price. $m.. China............... 86 Power Transformer Market.. Market Share by MVA (%).1.. GWh........................... %............... 220kV and 400kV Substations.......... 72 Power Transformer Market....... GWh....... Power Generation.... Canada............. 40 Power Transformer Market..... Annual Production Capacity........................ India.... 2010-2030........ 76 Power Transformer Market. Italy....... 2006-2020.. Power Generation.. India.. Production Capacity. 2011 .... 99 Power Transformer Market..... 2006-2020 .. India...... MVA.. Regional Volume Market Share by MVA (%). $bn. Market Share by Revenues....... Germany....... Volume............... Production Capacity....... Average Price........ The US........ Market Share (%) 2011............ 91 Power Transformer Market...... 101 Power Transformer Market...... Market Share by Revenues. 97 Power Transformer Market.. MW.... 43 Power Transformer Market.................. GWh........... Russia.... 2006-2020 ............................. Market Size ($m)... South Africa......................... 78 Power Transformer Market.................... 2006-2020........................... Russia.. Market Share (%)... 2006-2020.. Italy..... 2011 ....... 2006-2020 .. $/MVA.. The US..... 81 Transformer Market........ Annual Production Capacity. India............................. 71 Transformer Market.. GWh........ MVA..... ZTR and CIS Volume Sales......... Revenues....................... Revenues ($m)............ 2011......... 51 Power Transformer Market............. Power Generation........ $bn.................1 List of Tables Table 1: Table 2: Table 3: Table 4: Table 5: Table 6: Table 7: Table 8: Table 9: Table 10: Table 11: Table 12: Table 13: Table 14: Table 15: Table 16: Table 17: Table 18: Table 19: Table 20: Table 21: Table 22: Table 23: Table 24: Table 25: Table 26: Table 27: Table 28: Table 29: Table 30: Table 31: Table 32: Table 33: Table 34: Table 35: Table 36: Table 37: Table 38: Table 39: Table 40: Table 41: Table 42: Table 43: Table 44: Table 45: Table 46: Table 47: Table 48: Table 49: Table 50: Table 51: Table 52: Table 53: Table 54: Table 55: Table 56: Table 57: Table 58: Global Transformer Market... 9 Global Power Transformer Market.. 21 Power Transformer Market... 47 Power Transformer Market.. 8 Global Transformer Market................ MVA. 2011.... Volume....... Volume........................ 2006-2020.. Canada........ Canada. 75 Power Transformer Market. Canada........ South Africa... 2011 .. GWh. Market Share by Revenues.. 2006-2020.. 25 Power Transformer Market................ reproduced....... 85 Power Transformer Market......... 2011.... Market Share by Revenues (%)......... 2006-2020.... 2009-2030 .... Average Price.. Inter-regional Capacity.. 30 Power Transformer Market...... $m.. 62 Transformer Market......... 2006-2020....................... 37 Power Transformer Market......... 2006–2020 .. MVA....... 63 Power Transformer Market. 45 Power Transformer Market.................. 27 Power Transformer Market. Power Generation.. The US. China..................... South Africa......... Average Price.. 58 Power Transformer Market.. Annual Production Capacity........... 2011 ...................... Germany....... 1997-2011 ............. 2006-2020 .... GWh... 2006-2020................ 84 Power Transformer Market............. Russia........... 2011 ......... Market Size. Market Size ($m).... India.... Volume.. Russia.......... Type of Transformer. 69 Power Transformer Market............. Market Size ($m)...... 2006-2020.... India... Annual Production Capacity.. Italy............... Italy. 52 Power Transformer Market...... MVA....... 61 Power Transformer Market.............. 65 Power Transformer Market.. 2006-2020... India.. 49 Power Transformer Market..... Power Grid Investments... Estimated Capital Cost.... South Africa.... The US........ $m......... $/MVA................. 34 Power Transformer Market.... Canada................. $/MVA... Russia.... 2006-2020 ........ Russia.. %.. Market Share. $m..... 2011........ 2006-2020.... 2006-2020 ......................... Average Price.............. Market Size ($m).............. Italy.... MVA....... 60 Power Transformer Market....... 70 Power Transformer Market............. 54 Power Transformer Market............................. Market Size ($m).............. Volume.... GWh. $m... Volume.. 2011................. Russia......... MVA.. 2007-2011 .................... 19 Global Power Transformer Market. GWh.... Canada. 2011 .. MVA. 39 Power Transformer Market............ 2006-2020........................ 67 Power Transformer Market................ 103 Power Transformer Market.......... The US............. Average Price. 2011 ................................ MVA..... 2006-2020...... 92 Transformer Market........... MVA...... Market Size.. 2006-2020....... 2006-2020 .. This report is a licensed product and is not to be copied.... %.. Volume............... 2006-2020 ............. Power Generation... 2006-2020..... 2011 .. MVA..... 82 Power Transformer Market. Power Generation... 2006–2020 . Germany... 2006-2020 ............

........... 2006-2020..................... $m........... Power Generation...................... Grid Investment............. 40 Figure 22: Power Transformer Market.......... Volume. 2006-2020......... Russia......... 68 Figure 38: Power Transformer Market................. 74 Figure 42: Power Transformer Market.... Italy. 46 Figure 25: Power Transformer Market..... 2006–2020 ......................................... 22 Figure 12: Power Transformer Market....... The US.. 2007-2011 ..... 2006-2020... MVA........ India.. 70 Figure 39: Power Transformer Market........................................... Average Price. GWh. Raw Material Prices.............. $m... $/MVA.... 2011............ $/MVA.. 7 Figure 2: Global Transformer Market.. Introduction........ Inter-regional Capacity.............. 2006-2020 .......................... 77 Figure 44: Power Transformer Market......... Market Size...... 34 Figure 18: Power Transformer Market....... 51 Figure 28: Power Transformer Market.............. Canada........................... Germany. Russia.. 2006–2020... GWh......... 83 Figure 47: Power Transformer Market............ 2006-2020..... Germany.... The US.. China... Volume..... 2008-2027 ...... India........................... India................ India. 53 Figure 29: Power Transformer Market...... Power Generation.. 2012-2020........ 2011 .. Italy....... 11 Figure 5: Global Power Transformer Market. 2006-2020.. 2011. MVA................... 32 Figure 17: Power Transformer Market... 220kV and 400kV Substations.. South Africa.... 14 Figure 7: Global Power Transformer Market.. Power Generation... 79 Figure 45: Power Transformer Market............ %.......... China........... 2011....... GWh.......... South Africa............. Drivers. The US.. 2010-2030. 2011 ........ 2006-2020.... 2010-2014 . 2011 .......... 2006-2020 ........ $m........... 86 Figure 49: Power Transformer Market. Market Size ($m)............. South Africa.... 2011.................. India.................... 2006-2020 ............ 2006-2020............. Canada.. Russia..... 2006-2020.. 2006-2020 ..... 1997-2011 ............. 35 Figure 19: Power Transformer Market.... %.. 2006-2020.... 59 Figure 33: Power Transformer Market... 36 Figure 20: Power Transformer Market.. 2006-2020.... Average Price........... Power Generation...................... 2009-2012........................ $m........... Market Size ($m)...... Market Share by Revenues..... 50 Figure 27: Power Transformer Market................... Germany.... MVA.. 15 Figure 8: Global Power Transformer Market............ MW.... Volume..... Russia. GWh.. GWh...... $/MVA..... GWh....... $m............... Canada.... 13 Figure 6: Global Power Transformer Market.... 71 Figure 40: Transformer Market..... Average Price.. 55 Figure 30: Power Transformer Market.. 2006-2020 ..... Canada......... Market Share by Revenues..... 73 Figure 41: Power Transformer Market.............. Market Share by MVA* (%)................ Grid Investment........ Germany. MVA........................................................ Revenues................. 2006-2020................................ Market Share. Volume... %.. 91 Figure 53: Power Transformer Market.. 66 Figure 37: Power Transformer Market.... 18 Figure 10: Global Power Transformer Market. 96 Figure 56: Power Transformer Market..... Market Size ($m).... 8 Figure 3: Global Transformer Market.. Italy....... 42 Figure 23: Power Transformer Market......... %.... Market Size ($m)... 2006-2020. 76 Figure 43: Power Transformer Market.. Russia. 2006-2020.............. 20 Figure 11: Power Transformer Market.. MVA.....Global Market Size........... 2011.. 2006-2020 .. Drivers.......... Volume...... 38 Figure 21: Power Transformer Market..................... MVA...... Average Price.1.. Power Generation.. Market Size... 56 Figure 31: Power Transformer Market....... 94 Figure 55: Power Transformer Market....... Germany... 2006-2020 ..... 61 Figure 34: Power Transformer Market.... 2006-2020 ... This report is a licensed product and is not to be copied......... 2006-2020.......... Italy........... reproduced.. India........ $/MVA.... 2012-2020 ....................................... Italy............... $bn....... 2006-2020 ... %........... $/MVA....... 2006-2020.... China..................... 2006-2020..... GWh............. $/MVA...... ZTR and CIS Volume Sales.. Average Price................................................. Germany.. Volume........ 90 Figure 52: Power Transformer Market............ 2011 ......... Power Generation.............. 30 Figure 16: Power Transformer Market.. 2006-2020 ..... %.......2 List of Figures Figure 1: Global Transformer Market.. 24 Figure 13: Power Transformer Market.. 2006-2020 .. Important Domestic Players.... Regional Volume Market Share by MVA (%).................................... €bn...... 87 Figure 50: Power Transformer Market....... 81 Figure 46: Power Transformer Market................................ $/MVA... The US.............. Volume.............. MVA... Canada.... Italy.. 2011 ....... 102 Power Transformers ... Market Shares by Revenues............................... South Africa....... 16 Figure 9: Global Power Transformer Market............... 44 Figure 24: Power Transformer Market. Market Share by Revenues.................... Market Share.. Russia.......... 62 Figure 35: Power Transformer Market.. Revenues ($m). shared or resold in any form .......................... 28 Figure 15: Power Transformer Market.... $/MVA......... 2006–2020 .......... RUBbn.. Market Share by Revenues..... 2011 ...... India.......... 92 Figure 54: Power Transformer Market........ 2006-2020......... Russia.. 2005-2008 .... Average Price. 48 Figure 26: Power Transformer Market................. Volume................ GWh............. China..... 64 Figure 36: Power Transformer Market.. China. 2012-2020 ... MVA. 26 Figure 14: Power Transformer Market. India.................. MVA..................... Type of Transformer..... 57 Figure 32: Power Transformer Market.. 98 Figure 57: Power Transformer Market. Power Generation..... Restraints........ Estimated Capital Cost........... Average Price........... Average Price.... Market Share by Revenues (%)..................... 88 Figure 51: Power Transformer Market.......... 2011 .................. Volume............... 100 Figure 58: Power Transformer Market. MVA... Italian Transmission Network Development Plan............... MVA.. The US..... Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 6 © GlobalData......... Market Size....... 85 Figure 48: Power Transformer Market.. 2006-2020.... Market Share (%) 2011.... Canada...................... 2006-2020 ..... Power Generation............. %. 2006-2020........ 9 Figure 4: Global Power Transformer Market.............. South Africa..

A power transformer is installed at all substations. Canada.  Chapter two provides an introduction on power transformers. India and South Africa.  Production capacity is the estimated plant capacity of a company in a country. Federal Institute of Materials Research and Testing. reproduced. prices. Power Transformers . Note:  The report covers all sizes of power transformers above the rating level of 10 MVA and voltage level 33kV. volume sales and market shares. and exports. In this chapter the global transformer market size is segmented by region. Germany. The section provides insights on drivers.2 Introduction 2. Italy. The countries covered in this chapter are the US. 2011 Source: GlobalData.  Chapter five discusses the power transformer market for key countries. Introduction.1 Power Transformer. The mentioned production capacities include transformers of all ratings and types. regulations and market shares are covered for all of these key countries. restraints and challenges in the global power transformer industry. press releases and news articles have been referred to in obtaining approximate production capacities of the companies. shared or resold in any form .Global Market Size. Russia. Overview Transformers are devices used to step-up or step-down voltage levels in power transmission and power distribution networks. before power distribution starts. Analysis of the market revenues. starting from the power generation plant to the last substation in the transmission network. This report is a licensed product and is not to be copied. Power transformers are above XX Kilovolts (kV)/XX Megavolt-amperes (MVA) Figure 1: Global Transformer Market. The section also discusses global revenues. if any. volume. Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 7 © GlobalData. China.  Chapter three introduces the global transformer market. Company websites. 2011 2. The figure below illustrates specific points where power transformers are installed in a grid network.  Chapter four talks about the global power transformer industry. The chapter also provides the share of power transformers in the total transformer market.2 GlobalData Report Guidance  The report starts with an executive summary covering the key points of the market.

* Megavolt-amperes (MVA) Table 1: Global Transformer Market. Figure 2: Global Transformer Market. These transformers are responsible for stepping-down high voltage levels from the transmission networks to below XXkV. 2011 Type of Transformer Volume (%) Power Transformers Distribution Transformers Source: GlobalData Power Transformers . This report is a licensed product and is not to be copied. reproduced. 2011 Distribution Transformers Power Transformers Source: GlobalData. shared or resold in any form .Global Market Size.1 Global Transformer Market. Volume Split between Power and Distribution Transformer In grid networks. two main types of transformers are used – power transformers and distribution transformers. Type of Transformer. Market Share by MVA* (%). Distribution transformers cover XX% of the total transformer market in volume terms. Market Share by MVA (%). A distribution transformer is smaller in size when compared to a power transformer. Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 8 © GlobalData. Type of Transformer. Distribution transformers on the other hand are used in the distribution networks and are of the step-down type. Power transformers are installed in transmission or sub-transmission networks and can be of the step-up or step-down types.3 Global Transformer Market 3.

Also. The market has now entered a recovery phase and orders in North America and Europe are seeing a revival. as an effect of the economic recession.5 Global Power Transformer Market. declining the overall revenues of the market. Over the historic period the market revenues increased from $XXm in 2006 to $XXm in 2011. with utilities holding back orders for new installations and canceling plans for the replacement of old ones.4. This report is a licensed product and is not to be copied. respectively. The market saw sizable growth in 2007 and 2008. The market is still performing below its potential as utilities in North America and Europe are taking some time to open up investments in the transmission sector. with revenues reaching $XXm and $XXm. the global power transformer market is in a recovery phase. the market will grow at a CAGR of XX% over the forecast period 2012-2020. shared or resold in any form . 2006-2020 After the global recession in 2008. during the forecast period. Revenues. 2006-2020 Revenues ($m) Figure 8: 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Source: GlobalData. this growth momentum was derailed in late 2008. With market conditions improving and investor confidence coming back. Market Forecast ($m).Global Market Size. the market is expected to benefit from the increasing need to replace the aging power transformers and growing investor confidence in North America and Europe. reproduced. $m. Primary Interview with Industry Participants Power Transformers . The growth over the forecast period will primarily led by the Asia-Pacific region. Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 16 © GlobalData. However. Global Power Transformer Market. During this period the prices of power transformers also saw a downward trend.

2006-2020 Year Revenues ($m) 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Source: GlobalData. reproduced. Primary Interview with Industry Participants Power Transformers . Revenues. shared or resold in any form .Table 3: Global Power Transformer Market.Global Market Size. This report is a licensed product and is not to be copied. Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 17 © GlobalData. $m.

shared or resold in any form . or system is rated by the manufacturer. 6. The energy resources include: biomass.Global Market Size.4 Renewable Power Renewable power is defined as the electricity generated from naturally replenishing energy resources.1. geothermal.1 Power According to "Energy Information Administration" power is defined as the rate of producing. transferring. solar. 6. most commonly associated with electricity.2 Abbreviations AT&C Aggregate Technical and Commercial Losses BHEL Bharat Heavy Electricals Ltd BNA Federal Network Agency CAGR Compound Annual Growth Rate CEA Central Electricity Authority CIS Common Wealth of Independent States CTI Critical Transmission Infrastructural DC Direct Current DOE Department of Energy EHV Extra High Voltage EnWG Energy Industry Act FYIP Five Year Investment Programs FYP Five Year Plan GDP Gross Domestic Product GVA Gigavolt-amperes GW Gigawatts HVDC High Voltage Direct Current IRP Integrated Resource Plan kV Kilovolts Power Transformers . transformer. station. biogas. turbine. These energy sources are flow-limited. Power is measured in watts and often expressed in kilowatts (kW) or megawatts (MW). 6.1 Definitions The report covers the global power transformer market. tidal.1. pricing analysis and market share of the market with respect to different countries. also. or using energy.1. globally. transmission circuit.6 Appendix 6.1.3 Installed Capacity According to "Energy Information Administration" installed capacity is defined as the amount of electric power delivered or required for which a generator. 6. 6.2 Electricity Generation According to "Energy Information Administration" electricity generation is defined as the process of producing electric energy by transforming other forms of energy. Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 104 © GlobalData. reproduced. the amount of electric energy produced. This report is a licensed product and is not to be copied. wave and wind. expressed Gigawatt hours (GWh). The report covers the revenue.

3  Bibliography (ABB. Department of Mineral and Energy (2004).pdf th [Accessed on: 20 Feb. ABB (2006). 2004).Global Market Size.compete-bioafrica. Planning and Engineering Issues. Available From: http://www. reproduced.nsf/veritydisplay/d967bbdbeb0dba49c125737c0046b9a8/$file/ 05%20cigre_brasil_hvdc_planning_raj%20iyer.pdf [Accessed on: 16th March. Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 105 © GlobalData. This report is a licensed product and is not to be copied.kWh kilowatt-hours LTP Alberta Long Term Transmission Plan MVA Megavolt amperes NABeG Grid Expansion Acceleration Act NAPEE National Action Plan for Energy Efficiency NBP National Build Program NTG National Transmission Grid OPA Ontario Power Authority PGCIL Power Grid Corporation of India R&D Research and Development R-APDRP Restructured Accelerated Power Development & Reforms Programme REW Renewable Energy Law ROW Rest of the World SGC State Grid Corporation TRIL Transformers & Rectifiers Ltd TRP Transmission Reliability Program TSOs Transmission Systems Operators TYDP Transmission Ten Year Development Plan UHV Ultra High Voltage ZTR JSC Zaporozhtransformator 6. dena (2011). Available From: http://www05. Available From: http://www. shared or resold in any form . 2012]  (dena. Draft Energy Efficiency Strategy of the Republic of South Africa.dena.pdf [Accessed on: 27th March. 2006). 2012]  (DME. Brazil-China-India meeting on HVDC and Hybrid Systems.abb.net/policy/energy_efficiency_strategy. 2011).com/global/scot/scot221. dena Grid Study II – Integration of Renewable Energy Sources in the German Power Supply System from 2015 – 2020 with an Outlook to 2025. 2012] Power Transformers .de/fileadmin/user_upload/Publikationen/Sonstiges/Dokumente/Summary_dena_Grid_Stu dy_II.

Available From: http://www.pdf [Accessed on: 20th Feb.in/more_upload/base_baper_int_conclave.pdf [Accessed on: 3rd March 2012]  (IEEMA. shared or resold in any form . Available From: http://www. Key Inputs for Accelerated Development of Indian Power Sector for 12th Plan and Beyond. 2009). “Grid 2030” A National Vision for Electricity’s Second 100 Years. 2011). reproduced. HIGH WIRE ACT.ru/projects/docs/ES-2030_%28Eng%29.com/STEEL/ieema-welcomes-deferment-of-notification [Accessed on: 7th April 2012]  ME and CEA (2009).pdf [Accessed on: 25th Feb.org/journal/index.siemens.energystrategy. Letha Tawney et al. (2009). IEEMA welcomes deferment of notification Available From: http://www.za/content/Executive_Summary_Draft_IRP2010_22Oct2010.climatevision. Ministry of Power & Central Electricity Authority. Republic of South Africa (2010). Department of Energy.doe-irp. Siemens Energy: Power Transmission Division.pdf rd [Accessed on: 23 March. Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 106 © GlobalData.php/ass/article/download/4545/3878 st [Accessed on: 1 March 2012] Power Transformers . Electricity Transmission Infrastructure and its Impact on the Renewable Energy Market Available From: http://pdf. 2010). 2010). Executive Summary of the Draft Integrated Electricity Resource Plan for South Africa . Ministry of Energy of the Russian Federation (2009). 2012]  (Peng and Guoliang. Peng Gao and Guoliang Luo (2009).wri.ccsenet. 2003).pdf [Accessed on: 25th April 2012]  (DOE. Energy Strategy of Russia.cea.projectsmonitor.. 2012]  (Letha et al.org/high_wire_act. Available From: http://www. 2009). Available From: http://www.nic. 2009). Udo Niehage (2010). 2012]  (Niehage. Available From: http://www.pdf [Accessed on: 20th March 2012]  (IRP.gov/sectors/electricpower/pdfs/electric_vision. Problems in Development of Electrical Power in Rural China Available From: http://www.co. This report is a licensed product and is not to be copied.2010 to 2030. (ME. United States Department of Energy. Asian Social Science.Global Market Size.com/investor/pool/en/investor_relations/financial_publications/speeches_and_present ations/cmd_energy_2010/100629_transmission_presentation_u_niehage. IEEMA via Projectmonitor. Office of Electricity Transmission and Distribution.

International Energy Agency (2003). All GlobalData databases are continuously updated and revised. PPP Insights. Russian Transmission Grid: Present and Future Available From: http://www. World Energy Outlook.02. 2009). Available From: http://www. Available From: http://www. 2003).pdf [Accessed on: 20th March 2012]  (IEA. 2011).Global Market Size. 2010). Russian Electricity Reform. 2011]  (IEA. 2012]  (Terna. This report is a licensed product and is not to be copied.Kazachenkov_Presentation_(07. shared or resold in any form .worldbank.pdf [Accessed on: 12th March. Available From: http://ppp.iea. reproduced.org). and advanced statistical expertise. Available From: http://www. The following research methodology is followed for all databases and reports.fstrf.org/public-privatepartnership/sites/ppp.org/files/PPPInsight/1201061_PPP_Insights_Energy_v1n1. 2012]  (FGC. Table 6.mrs. market research and consulting backgrounds in the power industry.pdf [Accessed on: 25th Feb 2012] 6.4 Methodology GlobalData’s dedicated research and analysis teams consist of experienced professionals with marketing. The Expansion of China’s Generation Capacity. GlobalData adheres to the codes of practice of the Market Research Society (www.scip.pdf [Accessed on: 22nd March.iea.org/textbase/nppdf/free/archives/russianelec. 2011 through 2020. RE-Shaping workshop Development of Renewable Energy Joint Projects with Third Countries. Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 107 © GlobalData.reshaping-res-policy.org. Federal Grid Company of Unified Energy System (2009). Available From: http://www. North American Electric Reliability Corporation.org/textbase/nppdf/free/2009/weo2009. 2011). Proposed High-voltage Transmission Line Additions Filed Covering Calendar Year 2010.worldbank. Emerging challenges and opportunities. Power Transformers . Terna (2011). 2009).2012). Yijia Nan and Mark Moseley (2011).pdf [Accessed on: 25th April 2012]  (Yijia and Mark.eia.xls [Accessed on: 25th Feb.eu/downloads/Milano-presentations/Presentation_Terna_1.uk) and the Strategic and Competitive Intelligence Professionals (www.gov/cneaf/electricity/page/eia411/schedule6_2010. International Energy Agency (2009).ru/about/activity/inter/meropr/11/3/05. (NERC.

business development managers. 6.  Industry trade journals and other literature. market trends. and as a quality control mechanism. annual reports. but are not limited to:  Company websites. shared or resold in any form . category.  News articles.  National government documents. segment and sub-segment across all the relevant geographies.  Internal and external proprietary databases.  Outside experts: investment bankers.  It helps in validating and strengthening the secondary research findings. Average Pricing and Competitive Landscape Analysis to 2020 GDPE1042MAR / Published MAY 2012 Page 108 © GlobalData. The participants who typically take part in such a process include. This aspect of the research program serves both as a means of obtaining updates regarding issues such as changes in policy frameworks.7 Primary Research A primary research effort further substantiates findings and information captured through desk research. technological breakthroughs and policy updates. among other things. broker reports. market intelligence managers and national sales managers. 6. Our articles and reports investigate these trends in detail and evaluate the market implications of these trends. we identify the key trends being witnessed by the industry. This report is a licensed product and is not to be copied. research analysts and key opinion leaders specializing in power industry. power sector development.5 Coverage The objective of updating GlobalData coverage is to ensure that it represents the most up-to-date vision of the industry. reproduced. financial reports. statistical databases and market reports. Power Transformers . We track hundreds of Power news sources on a daily basis. valuation experts. and future outlook of the market. Using this news flow and regular interaction with the industry experts. 6. These could be market opportunities.  It further develops the analysis team’s expertise and market understanding.6. we use in-house models to forecast the data. The forecast data is validated through various industry experts and a back-of-envelope test is also carried out. industry consolidations. GlobalData conducts a number of primary interviews a year with industry participants and commentators in order to validate its data and analysis. The secondary research sources that are typically referred to include. VPs.  It provides primary research involving email interactions and telephone interviews as well as face-toface interviews for each market.Global Market Size.8 Modeling and Forecasting In the case of data gaps and especially while forecasting the market. press releases and web-casts specific to the companies operating in the market. A typical research interview fulfills the following functions:  It provides first-hand information on the market size. investor presentations and US Securities and Exchanges (SEC) filings. Various qualitative and quantitative factors are usually taken into account for estimating the future growth.6 Secondary Research The research process begins with exhaustive secondary research on internal and external sources being carried out to source qualitative and quantitative information relating to each market. Historic data and the analysis of trends within it form the basis of all forecasting methodology. but are not limited to:  Industry participants: CEOs. competitive landscape. growth trends.

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