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Vacuum Pressure Impregnated (VPI) Transformer Market Share

Report ID: GMI7329
Published Date: Nov 2023
Report Format: PDF

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Vacuum Pressure Impregnated Transformer Market Share

ABB holds a significant presence in the VPI transformer industry, known for its extensive expertise in the design and manufacture of various transformer technologies, including open-wound, Vacuum Pressure Impregnated (VPI), Vacuum Pressure Encapsulated (VPE), and oil-immersed transformers, among others. The company boasts a long and storied history deeply embedded in the transmission and distribution sector. Over the years, ABB has provided transformer solutions across a wide range of applications, spanning various industries, inner-city substations, and underground substations.

Some of the key market players operating across the vacuum pressure impregnated 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) :

Vacuum pressure impregnated (VPI) transformer industry size reached USD 4.9 billion in 2022 and is projected to witness 9.4% CAGR from 2023-2032 influenced by factors, such as the size of operations, network characteristics, customer demographics, and ownership models

Vacuum pressure impregnated transformer industry size from auto transformers exceeded USD 1.5 billion in 2022 owing to higher integration of intelligent monitoring technologies for enhancing the reliability and cost-effectiveness

How is the demand for vacuum pressure impregnated transformers driven across industries?

North America held over 19.4% of the vacuum pressure impregnated transformer industry share in 2022 driven by the surging demand for electrical products in the United States, Canada, and Mexico