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Air Insulated Transformer Market Share

Report ID: GMI9032
Published Date: Apr 2024
Report Format: PDF

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Air Insulated Transformer Market Share

Global Air Insulated Transformer Company Market Share Analysis, 2023

GE Grid Solutions holds a significant stake in the transformer market, known for its extensive expertise in manufacturing and engineering various transformer types, including gas insulated, vacuum insulated, air insulated transformers, among others. With a strong history deeply ingrained in the electrical equipment sector, the company has provided transformer solutions across a wide range of applications, covering commercial, industrial, and utility sectors.

Air Insulated Transformer Market Companies

Some of the major key players operating across the air insulated transformer industry are:

ABB
ARTECHE
Celme S.r.l.
CG Power & Industrial Solutions Ltd.
DAIHEN Corporation
Eaton
Elsewedy Electric
General Electric
Hyosung Heavy Industries
IMEFY GROUP
Kirloskar Electric Company
Mitsubishi Electric Corporation
Ormazabal
Pfiffner Group
Schneider Electric
Siemens Energy
Toshiba International Corporation
Trench Group

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market valuation of the air insulated transformer was reached USD 4.6 billion in 2023 and is estimated to grow at over 6% CAGR from 2024 to 2032, driven by operational scope, network attributes, customer base, and ownership arrangements.

The auto transformer segment in the air insulated transformer industry is set to reach USD 3.2 billion by 2032, owing to enhanced transformation capabilities and operational adaptability.

Asia Pacific air insulated transformer market is projected to exceed USD 1.5 billion by 2032, propelled by increasing electricity demand in developing nation.

ABB, ARTECHE, Celme S.r.l., CG Power & Industrial Solutions Ltd., DAIHEN Corporation, Eaton, Elsewedy Electric, General Electric, Hyosung Heavy Industries, IMEFY GROUP, Kirloskar Electric Company, Mitsubishi Electric Corporation, Ormazabal, Pfiffner Group, Schneider Electric and others.