Transformers Market By Product (Power Transformer, Distribution Transformer, and Others), By Application (Power Industry, Metallurgy Industry, Petrochemicals Industry, and Others), and By Region - Trends, Analysis and Forecast till 2030

Report Code: PMI240519 | Publish Date: April 2024 | No. of Pages: 168

Global Transformers Market By Market Companies

  • ABB Ltd.
  • Siemens Aktiengesellschaft
  • Toshiba Corporation
  • Hitachi Ltd.
  • Fuji Electric Co. Ltd.
  • Mitsubishi Electric Corporation
  • Hyosung Corporation
  • General Electric Company
  • CG Power and Industrial
  • SGB-SMIT Holding.

Recent News:

  • In May 2022, Siemens Energy exports 10 mobile transformers and 10 substations to the Nigerian Transmission Company. The company acquired the contract in July 2020 and completed the contract in May 2022.
  • In January 2022, Power Grid Corporation of India Ltd signed a joint development agreement with Africa50 to develop the Kenya Transmission Project on a public-private partnership basis. The project includes the development, financing, construction and operation of the 400 kV Lessos-Loosuk and 220 kV Kisumu-Musaga transmission lines, with PowerGrid India providing technical and operational expertise implementation for the project.
  • In January 2022, the Chinese state announced the construction of 13 UHV lines (10 AC and 3 DC), with a conversion capacity of 340 million kVA and a total investment of US$ 55 billion