Industrial Control Transformer Market
Industrial Control Transformer Market - Global Industry Assessment & Forecast
#
Pages:
146
2022
Aug - 2022
VMR-1777
Segments Covered
By
Phase Single Phase, Three Phase
-
By
Power Rating 25-500 VA, 500-1,000 VA, 1,000-1,500 VA, Above 1,500 VA
-
By
Primary Voltage Up to 120 V, 121-240 V, Above 240 V
-
By
Frequency 50 Hz, 60 Hz
-
By
End User Power Generation, Oil & Gas, Chemical, Metal & Mining, Other Users
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 887.01 Million |
 Revenue 2030:
|
USD 1271.10 Million |
 Revenue CAGR
(2023 - 2030): |
4.60% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Industrial Control Transformer Market by Phase by Power Rating by Primary Voltage by Frequency by End User by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
Vantage Market
Research | 18-Aug-2022
FAQ
Frequently Asked Question
What is the global demand for Industrial Control Transformer in terms of revenue?
-
The global Industrial Control Transformer valued at USD 887.01 Million in 2022 and is expected to reach USD 1271.10 Million in 2030 growing at a CAGR of 4.60%.
Which are the prominent players in the market?
-
The prominent players in the market are ABB (Switzerland), Schneider Electric (France), Siemens (Germany), Eaton (Ireland), General Electric (US), Hubbell (US), Rockwell Automation Inc. (US), Broadman Transformers (UK), Dogan Electric Company (US), MCI Transformer Corporation (US), SNC Manufacturing Co. Inc. (US), Foster Transformer Company (US), TEMCO Industrial (US), Controlled Magnetics Inc. (US), Micron (US), Grant Transformers (Australia), Troytrans (Spain), RECO Transformers Pvt. Ltd. (India), Trutech Products (India).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.60% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Industrial Control Transformer include
- Rise in energy consumption across industries
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Industrial Control Transformer in 2022.
