An industrial control transformer is used for stepping down voltages to machine tool control devices that isolates control circuits from all the power as well as lighting circuits. Industrial control transformers are also referred to as control transformers, machine tool transformers, or control power transformers. The industrial control transformers are especially designed for various industrial applications. These are used to handle the high inrush current from devices such as relays, starters, solenoids that are traditionally employed in large amounts in the industries.
MARKET DYNAMICS
Significant usage of transformers in higher number of industrial applications coupled with the needs to mitigate device failures owing to sudden voltage spikes is anticipated to drive the market for industrial control transformer during the forecast period. Lower take-ups in the oil & gas sector owing to slowdown in these industries is anticipated to hinder the market growth during the forecast period. The need to overhaul the legacy power infrastructures in many industries is anticipated to provide healthy opportunities for the players operating in the industrial control transformer market.
MARKET SCOPE
The "Global Industrial Control Transformer Market Analysis to 2031" is a specialized and in-depth study of the Electronics and Semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the industrial control transformer market with detailed market segmentation by rating, cooling type, and geography. The global industrial control transformer market is expected to witness rapid growth during the forecast period. The report provides key statistics on the market status of the leading industrial control transformer market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global industrial control transformer market is segmented on the basis of rating and cooling type. Based on rating, the industrial control transformer market is segmented into Low (100 MVA to 500 MVA), Medium (501 MVA to 800 MVA), and High (801 MVA to 1200 MVA). On the basis of cooling type, the industrial control transformer market is segmented into air-cooled and oil-cooled.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global industrial control transformer market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial control transformer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the industrial control transformer market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the industrial control transformer in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global industrial control transformer market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial control transformer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the industrial control transformer market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the industrial control transformer in these regions.
MARKET PLAYERSThe reports cover key developments in the industrial control transformer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Industrial control transformer market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial control transformer in the global market. Below mentioned is the list of few companies engaged in the industrial control transformer market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the industrial control transformer market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ABB Ltd.
- Bharat Heavy Electricals Limited
- Crompton Graves Ltd.
- Eaton Corporation PLC
- General Electric
- Hyosung Corporation
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Siemens AG
- Toshiba Corporation
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Industrial Control Transformer Market - By Rating
1.3.2 Industrial Control Transformer Market - By Cooling Type
1.3.3 Industrial Control Transformer Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. INDUSTRIAL CONTROL TRANSFORMER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.3.1 North America - Pest Analysis
4.3.2 Europe - Pest Analysis
4.3.3 Asia-Pacific - Pest Analysis
4.3.4 Middle East and Africa - Pest Analysis
4.3.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. INDUSTRIAL CONTROL TRANSFORMER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. INDUSTRIAL CONTROL TRANSFORMER MARKET - GLOBAL MARKET ANALYSIS
6.1. INDUSTRIAL CONTROL TRANSFORMER - GLOBAL MARKET OVERVIEW
6.2. INDUSTRIAL CONTROL TRANSFORMER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INDUSTRIAL CONTROL TRANSFORMER MARKET - REVENUE AND FORECASTS TO 2028 - RATING
7.1. OVERVIEW
7.2. RATING MARKET FORECASTS AND ANALYSIS
7.3. LOW (100 MVA TO 500 MVA)
7.3.1. Overview
7.3.2. Low (100 MVA to 500 MVA) Market Forecast and Analysis
7.4. MEDIUM (501 MVA TO 800 MVA)
7.4.1. Overview
7.4.2. Medium (501 MVA to 800 MVA) Market Forecast and Analysis
7.5. HIGH (801 MVA TO 1200 MVA)
7.5.1. Overview
7.5.2. High (801 MVA to 1200 MVA) Market Forecast and Analysis
8. INDUSTRIAL CONTROL TRANSFORMER MARKET - REVENUE AND FORECASTS TO 2028 - COOLING TYPE
8.1. OVERVIEW
8.2. COOLING TYPE MARKET FORECASTS AND ANALYSIS
8.3. AIR-COOLED
8.3.1. Overview
8.3.2. Air-cooled Market Forecast and Analysis
8.4. OIL-COOLED
8.4.1. Overview
8.4.2. Oil-cooled Market Forecast and Analysis
9. INDUSTRIAL CONTROL TRANSFORMER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Industrial Control Transformer Market Overview
9.1.2 North America Industrial Control Transformer Market Forecasts and Analysis
9.1.3 North America Market Forecasts and Analysis - By Rating
9.1.4 North America Market Forecasts and Analysis - By Cooling Type
9.1.5 North America Market Forecasts and Analysis - By Countries
9.1.5.1 United States Market
9.1.5.1.1 United States Market by Rating
9.1.5.1.2 United States Market by Cooling Type
9.1.5.2 Canada Market
9.1.5.2.1 Canada Market by Rating
9.1.5.2.2 Canada Market by Cooling Type
9.1.5.3 Mexico Market
9.1.5.3.1 Mexico Market by Rating
9.1.5.3.2 Mexico Market by Cooling Type
9.2. EUROPE
9.2.1 Europe Industrial Control Transformer Market Overview
9.2.2 Europe Industrial Control Transformer Market Forecasts and Analysis
9.2.3 Europe Market Forecasts and Analysis - By Rating
9.2.4 Europe Market Forecasts and Analysis - By Cooling Type
9.2.5 Europe Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Market
9.2.5.1.1 Germany Market by Rating
9.2.5.1.2 Germany Market by Cooling Type
9.2.5.2 France Market
9.2.5.2.1 France Market by Rating
9.2.5.2.2 France Market by Cooling Type
9.2.5.3 Italy Market
9.2.5.3.1 Italy Market by Rating
9.2.5.3.2 Italy Market by Cooling Type
9.2.5.4 United Kingdom Market
9.2.5.4.1 United Kingdom Market by Rating
9.2.5.4.2 United Kingdom Market by Cooling Type
9.2.5.5 Russia Market
9.2.5.5.1 Russia Market by Rating
9.2.5.5.2 Russia Market by Cooling Type
9.2.5.6 Rest of Europe Market
9.2.5.6.1 Rest of Europe Market by Rating
9.2.5.6.2 Rest of Europe Market by Cooling Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Industrial Control Transformer Market Overview
9.3.2 Asia-Pacific Industrial Control Transformer Market Forecasts and Analysis
9.3.3 Asia-Pacific Market Forecasts and Analysis - By Rating
9.3.4 Asia-Pacific Market Forecasts and Analysis - By Cooling Type
9.3.5 Asia-Pacific Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Market
9.3.5.1.1 Australia Market by Rating
9.3.5.1.2 Australia Market by Cooling Type
9.3.5.2 China Market
9.3.5.2.1 China Market by Rating
9.3.5.2.2 China Market by Cooling Type
9.3.5.3 India Market
9.3.5.3.1 India Market by Rating
9.3.5.3.2 India Market by Cooling Type
9.3.5.4 Japan Market
9.3.5.4.1 Japan Market by Rating
9.3.5.4.2 Japan Market by Cooling Type
9.3.5.5 South Korea Market
9.3.5.5.1 South Korea Market by Rating
9.3.5.5.2 South Korea Market by Cooling Type
9.3.5.6 Rest of Asia-Pacific Market
9.3.5.6.1 Rest of Asia-Pacific Market by Rating
9.3.5.6.2 Rest of Asia-Pacific Market by Cooling Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Industrial Control Transformer Market Overview
9.4.2 Middle East and Africa Industrial Control Transformer Market Forecasts and Analysis
9.4.3 Middle East and Africa Market Forecasts and Analysis - By Rating
9.4.4 Middle East and Africa Market Forecasts and Analysis - By Cooling Type
9.4.5 Middle East and Africa Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Market
9.4.5.1.1 South Africa Market by Rating
9.4.5.1.2 South Africa Market by Cooling Type
9.4.5.2 Saudi Arabia Market
9.4.5.2.1 Saudi Arabia Market by Rating
9.4.5.2.2 Saudi Arabia Market by Cooling Type
9.4.5.3 U.A.E Market
9.4.5.3.1 U.A.E Market by Rating
9.4.5.3.2 U.A.E Market by Cooling Type
9.4.5.4 Rest of Middle East and Africa Market
9.4.5.4.1 Rest of Middle East and Africa Market by Rating
9.4.5.4.2 Rest of Middle East and Africa Market by Cooling Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Industrial Control Transformer Market Overview
9.5.2 South and Central America Industrial Control Transformer Market Forecasts and Analysis
9.5.3 South and Central America Market Forecasts and Analysis - By Rating
9.5.4 South and Central America Market Forecasts and Analysis - By Cooling Type
9.5.5 South and Central America Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Market
9.5.5.1.1 Brazil Market by Rating
9.5.5.1.2 Brazil Market by Cooling Type
9.5.5.2 Argentina Market
9.5.5.2.1 Argentina Market by Rating
9.5.5.2.2 Argentina Market by Cooling Type
9.5.5.3 Rest of South and Central America Market
9.5.5.3.1 Rest of South and Central America Market by Rating
9.5.5.3.2 Rest of South and Central America Market by Cooling Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. INDUSTRIAL CONTROL TRANSFORMER MARKET, KEY COMPANY PROFILES
11.1. ABB LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BHARAT HEAVY ELECTRICALS LIMITED
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CROMPTON GRAVES LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EATON CORPORATION PLC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GENERAL ELECTRIC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HYOSUNG CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MITSUBISHI ELECTRIC CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SCHNEIDER ELECTRIC SE
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SIEMENS AG
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TOSHIBA CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ABB Ltd.
2. Bharat Heavy Electricals Limited
3. Crompton Graves Ltd.
4. Eaton Corporation PLC
5. General Electric
6. Hyosung Corporation
7. Mitsubishi Electric Corporation
8. Schneider Electric SE
9. Siemens AG
10. Toshiba Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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