A new analysis report on the global isolation transformer market, which is forecasted between 2021 and 2028, has been published by Knowledge Sourcing Intelligence.
The prime factors propelling the market growth of the global isolation transformer market are the increasing demand for reliable power quality, rising adoption of electronic devices in various industries, stringent safety regulations, and the growing emphasis on mitigating electrical disturbances and electromagnetic interference.
As per the report, the global isolation transformer market is expected to grow at a significant pace.
An isolation transformer is an electrical device designed to provide electrical separation between its input and output windings, thereby preventing the direct flow of electrical current between connected devices or systems. This isolation effectively shields sensitive equipment from voltage fluctuations, noise, and potential hazards, enhancing safety, reducing interference, and ensuring stable power delivery for reliable performance in various applications such as industrial machinery, medical equipment, data centers, and electronics.
The market is witnessing multiple collaborations and technological advancements, for instance in Aug 2022 TDK Corporation introduced the EPCOS E13EMHV series of compact surface-mount transformers, designed for diverse DC-DC converter setups. These transformers offer high dielectric strength and comply with standards such as IEC 60664-1 and 61558-2-16. They support a substantial working voltage of 1000 V DC and can withstand transient overvoltages up to 2500 Vpeak, providing robust isolation in various applications.
Based on phase the global isolation transformer market is divided into single phase and three phases. The three-phase segment is experiencing significant growth in the global isolation transformer market. This surge can be attributed to the widespread industrial applications of three-phase power systems, where higher power demands necessitate efficient power distribution and enhanced safety measures. Three-phase isolation transformers are essential in industrial processes requiring industrial motors, heavy machinery, and complex equipment, as they ensure balanced power distribution, minimize voltage fluctuations, and offer greater power stability. Additionally, industries are increasingly adopting energy-efficient practices and integrating renewable energy sources, which often involve three-phase systems. These factors collectively contribute to the heightened demand for three-phase isolation transformers, driving their substantial growth in the market.
Based on type the market is divided into dry isolation transformer, ultra isolation transformer, constant voltage transformer and others. The ultra isolation transformer segment is witnessing substantial growth in the market due to its critical role in ensuring the utmost level of electrical isolation and noise reduction. As industries and technologies become more sophisticated, the need to protect sensitive electronic equipment from power fluctuations, surges, and electromagnetic interference has intensified. Ultra isolation transformers excel in providing a high degree of isolation between input and output, offering superior protection to devices and systems. With applications in industries such as healthcare, telecommunications, data centers, and precision manufacturing, the demand for ultra isolation transformers is surging, fuelled by the increasing requirement for uninterrupted and reliable performance in the face of complex electrical environments.
Based on application the market is divided into power transmission & distribution, medical equipment, electrical and electronic circuits, telecommunication equipment and others. Isolation transformers are gaining prominence in the global isolation transformers market due to their expanding utility in the medical sector. This trend is primarily driven by their pivotal role in ensuring patient safety and the reliable operation of medical equipment. In medical settings, precision and safety are paramount, and isolation transformers play a crucial part by providing electrical separation between sensitive medical devices and the power supply. This prevents the risk of electrical currents, disturbances, or potential shocks from compromising patient well-being or the accuracy of equipment. By mitigating electrical noise, fluctuations, and interference, isolation transformers contribute to consistent and accurate performance of diagnostic tools, life support systems, and surgical instruments.
Based on Geography, the Asia Pacific region gained a significant presence in the global isolation transformers market due to a combination of factors. The rapid industrialization and urban development observed in countries such as China and India resulted in higher electricity consumption, creating a need for improved power quality and safety precautions. Isolation transformers, known for their capacity to establish galvanic separation between circuits, played a crucial role in protecting delicate electronic devices and ensuring dependable power distribution. Moreover, the growing renewable energy sector in the area, coupled with an increasing emphasis on clean energy, led to a surge in the demand for isolation transformers to facilitate the smooth integration of renewable sources into existing power grids. This, in conjunction with a proactive approach to technological innovation and strong manufacturing capabilities, enabled the Asia Pacific region to capture a substantial market share within the isolation transformer industry.
As a part of the report, the major players operating in the global isolation transformer market, that have been covered are ABB Ltd., Hitachi Energy Ltd. (Hitachi Group), Johnson Electric Coil Company, MGM Transformer Company, Osborne Transformer Corporation, Power-One Micro System Ltd., Trutech Products, Lenco Electronics Inc.
View a sample of the report or purchase the complete study at: https://www.knowledge-sourcing.com/report/global-isolation-transformers-market
These analytics report segments the global isolation transformer market on the following basis:
- By Phase
- Single Phase
- Three Phase
- By Type
- Dry Isolation Transformer
- Ultra Isolation Transformer
- Constant Voltage Transformer
- By Application
- Power Transmission & Distribution
- Medical Equipment
- Electrical and Electronic Circuits
- Telecommunication Equipment
- By Geography
- North America
- South America
- Middle East and Africa
- Saudi Arabia
- Asia Pacific
- South Korea
- North America