Home > Energy & Power > Electrical Equipment > Transformers > Europe Oil Filled Transformer Market

Europe Oil Filled Transformer Market Share

Report ID: GMI5473
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

Europe Oil Filled Transformer Market Share

Europe Oil Filled Transformer Company Market Share Analysis, 2024

ABB is a leading player in the Europe oil-filled transformer industry, offering a wide range of electrical equipment, including both standard and tailored designs. With a strong presence in the electrical industry, ABB reliably delivers customized bushing solutions to address various application requirements.

Europe Oil Filled Transformer Market Companies

Some of the key market players operating across the Europe oil filled transformer industry are:

CG Power
Eaton
Elettromeccanica Colombo
Elsewedy Electric
General Electric
Hyosung
Ormazabal
Schneider Electric
Siemens Energy
Toshiba

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The European Market for oil filled transformer was reached USD 6.3 billion in 2024 and is projected to grow at a 7.4% CAGR from 2025 to 2034, driven by the modernization of aging power grids.

The closed core segment is expected to surpass USD 3.2 billion by 2034, due to their efficient design and compact size, making them ideal for urban areas with limited space.

The utility segment is anticipated to expand at a CAGR of over 6.5% through 2034, led by Europe's focus on integrating renewable energy sources like wind, solar, and hydropower into the grid.

The Germany oil-filled transformer market is likely to exceed USD 1.6 billion by 2034, supported by the Energiewende policy aimed at reducing carbon emissions and increasing renewable energy use.

Key players in the market include CG Power, Eaton, Elettromeccanica Colombo, Elsewedy Electric, General Electric, Hyosung, Ormazabal, Schneider Electric, Siemens Energy, and Toshiba.