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Europe Distribution Transformer Market Share

Report ID: GMI8461
Published Date: Mar 2024
Report Format: PDF

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Europe Distribution Transformer Market Share

Company Market Share Analysis, 2023, (%)

Siemens holds a substantial market share in the Europe distribution transformer industry due to its extensive product portfolio, advanced technology offerings, and strong presence in key European markets. With a reputation for reliability and innovation, Siemens remains a top choice for customers seeking high-quality distribution transformer solutions.

Europe Distribution Transformer Market Companies

Some of the key participants operating across the Europe distribution transformer industry are:

ABB
CG Power & Industrial Solutions Ltd.
Elsewedy Electric
Eaton Corporation
General Electric
HYOSUNG HEAVY INDUSTRIES
Hitachi Energy Ltd.
IMEFY GROUP
IEO Transformers
Mitsubishi Electric Corporation
ORMAZABAL
Siemens
SGB SMIT
Schneider Electric
Toshiba Energy Systems & Solutions Corporation

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

European market for distribution transformer was reached USD 6.5 billion in 2023 and is expected to record a CAGR of over 10.6% through 2032, driven by increased urbanization and industrialization.

Two-winding distribution transformers segment in Europe accounted for 52% market share in 2023, backed by simplified design, reduced cost, and enhanced efficiency in power distribution networks.

France distribution transformer market is projected to be worth over USD 2.2 billion by 2032, favored by country's ambitious renewable energy targets, government initiatives promoting energy efficiency, and grid modernization.

ABB, CG Power & Industrial Solutions Ltd., Elsewedy Electric, Eaton Corporation, General Electric, HYOSUNG HEAVY INDUSTRIES, Hitachi Energy Ltd., IMEFY GROUP, IEO Transformers, Mitsubishi Electric Corporation, ORMAZABAL, Siemens, SGB SMIT, and Schneider Electric.