Companies like ABB, General Electric, Eaton, and Schneider Electric lead the two-winding cast resin transformer market on account of their extensive experience and established reputation in the industry lend credibility and trust to their products. Their focus on innovation allows them to offer cutting-edge technology and solutions tailored to meet various customer needs efficiently.
Two Winding Cast Resin Transformer Market Companies
ABB
Bharat Heavy Electricals Limited
CG Power & Industrial Solutions
Eaton
Fuji Electric Co. Ltd.
General Electric
Hitachi Energy
Raychem RPG Private Limited
SGB SMIT
Schneider Electric
Siemens Energy
Toshiba Energy Systems and Solutions Corporation
TMC Transformers
URJA Techniques
WEG
Authors:
Ankit Gupta, Utkarsh Mahajan
Frequently Asked Questions (FAQ) :
The market size of two winding cast resin transformer was reached USD 1.8 billion in 2023 and is projected to depict 9.4% CAGR from 2024 to 2032, owing to the increasing investments in renewable energy projects and the rising emphasis on energy efficiency.
The ? 5 MVA segment in the two winding cast resin transformer market is estimated to be worth more than USD 2 billion by 2032, due to their use in a wide range of applications, including residential, commercial, and small industrial setups.
Asia Pacific two winding cast resin transformer industry is projected to surpass USD 1.1 billion by 2032, on account of the presence of robust industrial sector and surging demand for reliable electricity infrastructure.
ABB, Bharat Heavy Electricals Limited, CG Power & Industrial Solutions, Eaton, Fuji Electric Co. Ltd., General Electric, Hitachi Energy, Raychem RPG Private Limited, SGB SMIT, Schneider Electric, Siemens Energy, Toshiba Energy Systems and Solutions Corporation, TMC Transformers, URJA Techniques, and WEG.