Home > Energy & Power > Electrical Equipment > Transformers > Europe High Voltage Power Transformer Market

Europe High Voltage Power Transformer Market Share

Report ID: GMI8767
Published Date: Mar 2024
Report Format: PDF

Download Free Sample

Europe High Voltage Power Transformer Market Share

France High Voltage Power Transformer Market Size, 2022 - 2032 (USD Million)

Siemens Energy commands a substantial portion of the Europe high voltage power transformer industry, attributed to its cutting-edge technology, reliability, and extensive track record in delivering power solutions. The company's pioneering transformer designs and dedication to sustainable energy solutions have established it as the favored provider for utility firms and infrastructure ventures throughout the region.

Europe High Voltage Power Transformer Market Companies

Some of the key market players operating across the Europe high voltage power transformer industry are:

ABB
Bharat Heavy Electricals Limited
CG Power & Industrial Solutions Ltd.
Daelim Transformer
DAIHEN Corporation
ENTSO-E
General Electric
Hyosung Heavy Industries
Hitachi Energy Ltd.
Kirloskar Electric Company
LS ELECTRIC Co., Ltd.
SGB SMIT
Siemens Energy
Toshiba Energy Systems & Solutions Corporation
Transformatorenwerk Breimer-Roth GmbH
WEG
WESTRAFO SRL

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size for high voltage power transformer in Europe reached USD 2.4 billion in 2023 and is set to witness 5.3% CAGR from 2024 to 2032, owing to the increasing demand for electricity, expansion of renewable energy infrastructure, and modernization of existing power grids worldwide.

Europe high voltage power transformer industry from the oil-filled high voltage power transformers segment is expected to exceed USD 2.7 billion by 2032, due to its benefits such as, efficient heat dissipation, improved insulation properties, and heightened reliability.

France market is poised to cross USD 600 million by 2032, attributed to the rising demand for electricity, grid modernization initiatives, and integration of renewable energy sources in the country.

General Electric, Kirloskar Electric Company, LS ELECTRIC Co., Ltd., SGB SMIT, Siemens Energy, Toshiba Energy Systems & Solutions Corporation, Transformatorenwerk Breimer-Roth GmbH, WEG, and WESTRAFO SRL, are some of the major high voltage power transformer companies in Europe.