With Market Size Valued at $39.5 Billion by 2026, it`s a Sedate Outlook for the Global Liquid-Immersed Transformers Market

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Oct 20, 2021, 10:31 ET

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Liquid-Immersed Transformers - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

Global Liquid-Immersed Transformers Market

FACTS AT A GLANCE
Edition: 7; Released: April 2021
Executive Pool: 17852
Companies: 36 - Players covered include ABB Group; Celme Srl; CG Power and Industrial Solutions Ltd.; China XD Group; ElSewedy Electric; ELTAS Transformator Sanayi ve Ticaret A.S.; Eremu SA; Fuji Electric Co., Ltd.; GE Energy Management - Industrial Solutions; Hitachi Industrial Equipment Systems Co., Ltd.; Hyosung Power & Industrial Systems Performance Group; Hyundai Heavy Industries Co., Ltd.; Imefy Group; ismet AG; J. Schneider Elektrotechnik GmbH; Kitashiba Electric Co., Ltd.; LAYER ELECTRONICS S.R.L.; Lemi Trafo JSC; LSIS Co., Ltd.; Mace Ltd.; METTZ Group; Mitsubishi Electric Corporation; Ormazabal Velatia; Ruhstrat GmbH; Schneider Electric SA; Siemens AG; SPX Transformer Solutions, Inc.; Tebian Electric Apparatus Stock Co., Ltd. (TBEA); Toshiba Corporation; Yangzhou Power Electric Co., Ltd. and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Power Transformers, Distribution Transformer)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Liquid-Immersed Transformers Market to Reach $39.5 Billion by 2026
Amid the COVID-19 crisis, the global market for Liquid-Immersed Transformers estimated at US$32.1 Billion in the year 2020, is projected to reach a revised size of US$39.5 Billion by 2026, growing at a CAGR of 3.4% over the analysis period. Power Transformers, one of the segments analyzed in the report, is projected to record a 3.1% CAGR and reach US$23.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Distribution Transformer segment is readjusted to a revised 4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $8.9 Billion in 2021, While China is Forecast to Reach $8 Billion by 2026
The Liquid-Immersed Transformers market in the U.S. is estimated at US$8.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$8 Billion by the year 2026 trailing a CAGR of 6.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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