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Vacuum Pressure Encapsulated (VPE) Transformer Market Share

Report ID: GMI7345
Published Date: Nov 2023
Report Format: PDF

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Vacuum Pressure Encapsulated Transformer Market Share

ABB commands a substantial position in the Vacuum Pressure Encapsulated transformer market, distinguished for its extensive knowledge in designing and manufacturing a wide range of transformer technologies. This expertise includes open-wound, Vacuum Pressure Encapsulated, Vacuum Pressure Impregnated (VPI), and oil-immersed transformers, among others. The company has a rich and longstanding history deeply rooted in the transmission and distribution sector. Over the years, ABB has delivered transformer solutions for a diverse range of applications, spanning various industries, inner-city substations, and underground substations.

Some of the major key players operating across the Vacuum Pressure Encapsulated transformer industry are:

ABB
GE
Eaton
Schneider Electric
Siemens Energy
Hitachi Energy Ltd.
CG Power & Industrial Solutions Ltd.
Toshiba Energy Systems & Solutions Corporation
Bharat Heavy Electricals Limited (BHEL)
Raychem RPG Private Limited
Fuji Electric Co., Ltd.
WEG
URJA Techniques
TMC Transformers S.P.A.
SGB SMIT

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of vacuum pressure encapsulated transformer was worth USD 5.1 billion in 2022 and is projected to grow at a CAGR of 7.3% through 2032.

The greater than 5 MVA and up to 30 MVA segment is growing due to the thriving commercial sector in the recent years with the increasing demand for manufactured goods, along with the adaptable operation of these transformers across both primary and secondary distribution networks.

Vacuum Pressure Encapsulated (VPE) transformer market in Asia Pacific held a revenue share of over 38.9% in 2022 and is poised for notable growth through 2032, primarily due to the increasing electricity demand in developing nations.

ABB, GE, Eaton, Schneider Electric, Siemens Energy, Hitachi Energy Ltd., CG Power & Industrial Solutions Ltd., Toshiba Energy Systems & Solutions Corporation, and Bharat Heavy Electricals Limited (BHEL) among others.