Global Autotransformer Market Size, Share, Opportunities, And Trends By Type (Single Phase, Three Phase, Variable), By Application (Power Transmission & Distribution, Electrical Appliances, Laboratories, Induction, Motors, Others), And By Geography - Forecasts From 2025 To 2030

Description

Autotransformer Market Size:

The global autotransformer market is estimated to grow at a CAGR of 3.72% during the forecast period.

Autotransformer uses a single winding to step up or down the voltage between its input and output terminals. Unlike a conventional transformer, an autotransformer has a common winding that serves both as the primary and secondary winding. Autotransformers are commonly used in power transmission and distribution systems, electrical appliances, and laboratories due to their higher efficiency and smaller size compared to conventional transformers. Autotransformer market growth is driven by the increasing demand for energy-efficient power transformers, rapid industrialization, growing investments in renewable energy sources, and the rising need for electricity in emerging economies.

Autotransformer Market Growth Drivers:

• The growing demand for efficient power transmission and distribution is boosting the global autotransformer market growth.

Autotransformers play a critical role in ensuring efficient power transmission, as they help to regulate the voltage levels and ensure that the electricity produced is of the appropriate voltage for distribution. The electricity demand continues to grow globally due to increasing industrialization and urbanization. The demand for autotransformers in the power transmission sector is expected to increase as autotransformers help to step up or step down the voltage of the electricity produced by power plants. According to the Energy Information Administration (EIA), global electricity demand will grow by 2.1% in 2021, after a 1.9% decline in 2020 due to the COVID-19 pandemic. The World Bank reported that access to electricity has been steadily improving globally, with the global electrification rate reaching 89% in 2019, up from 83% in 2010. Renewable energy sources such as solar and wind generate electricity at varying voltages, and autotransformers will be used to step up or down the varying voltage to match the grid voltage for distribution. Smart grid technology in the renewable energy sector requires advanced transformers for efficient power management and distribution, and autotransformers play a crucial role in this process. As the demand for renewable energy sources continues to grow globally, the demand for autotransformers in the renewable energy sector is expected to increase. According to the International Energy Agency (IEA), in 2020, renewable energy sources accounted for 30% of global electricity generation, and the IEA projects that by 2025, renewable energy will account for 40% of global electricity generation.

Autotransformer Market Geographical Outlook:

• The Asia Pacific region held a significant share of the market.

The Asia-Pacific region is expected to hold a significant market share of the global autotransformer due to the increasing electricity demand, the growing focus on renewable energy, and the increasing urbanization and industrialization in nations like China, India, and Japan. The National Energy Administration of China released the "Guiding Opinions on Promoting the High-quality Development of the Power Equipment Manufacturing Industry" plan in June 2020, which aims to promote the development of China's power equipment manufacturing industry, including autotransformers. In 2020, the Japanese government launched the Green Innovation Fund, a 300 billion yen ($2.7 billion) fund to support companies developing innovative technologies in the renewable energy sector. In 2020, the Indian government launched the National Smart Grid Mission (NSGM), focusing on modernizing the country's power grid infrastructure to improve the reliability, efficiency, and sustainability of the power sector. These factors all add up together for the growth of the autotransformer market.

Market Segmentation:

• GLOBAL AUTOTRANSFORMER MARKET BY TYPE
  • Step-Up Transformer
  • Step-Down Transformer
  • Variable
• GLOBAL AUTOTRANSFORMER MARKET BY PHASE
  • Single Phase
  • Three Phase
• GLOBAL AUTOTRANSFORMER MARKET BY POWER OUTPUT
  • Up to 100V
  • 100 to 300 V
  • Greater than 300 V
• GLOBAL AUTOTRANSFORMER MARKET BY APPLICATION
  • Power Distribution & Transmission
  • Induction Motors
  • Industrial Machinery
  • Laboratory & Testing Equipment
  • Electronic Appliances
  • Others
• GLOBAL AUTOTRANSFORMER MARKET BY APPLICATION
  • Residential
  • Commercial
  • Industrial
• GLOBAL AUTOTRANSFORMER MARKET BY GEOGRAPHY
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Thailand
    • Others

Table Of Contents

1. EXECUTIVE SUMMARY
2. MARKET SNAPSHOT
    2.1. Market Overview
    2.2. Market Definition
    2.3. Scope of the Study
    2.4. Market Segmentation
3. BUSINESS LANDSCAPE
    3.1. Market Drivers
    3.2. Market Restraints
    3.3. Market Opportunities
    3.4. Porter’s Five Forces Analysis
    3.5. Industry Value Chain Analysis
    3.6. Policies and Regulations
    3.7. Strategic Recommendations
4. TECHNOLOGICAL OUTLOOK
5. GLOBAL AUTOTRANSFORMER MARKET BY TYPE
    5.1. Introduction
    5.2. Step-Up Transformer
    5.3. Step-Down Transformer
    5.4. Variable
6. GLOBAL AUTOTRANSFORMER MARKET BY PHASE
    6.1. Introduction
    6.2. Single Phase
    6.3. Three Phase
7. GLOBAL AUTOTRANSFORMER MARKET BY POWER OUTPUT
    7.1. Introduction
    7.2. Up to 100V
    7.3. 100 to 300 V
    7.4. Greater than 300 V
8. GLOBAL AUTOTRANSFORMER MARKET BY APPLICATION
    8.1. Introduction
    8.2. Power Distribution & Transmission
    8.3. Induction Motors
    8.4. Industrial Machinery
    8.5. Laboratory & Testing Equipment
    8.6. Electronic Appliances
    8.7. Others
9. GLOBAL AUTOTRANSFORMER MARKET BY APPLICATION
    9.1. Introduction
    9.2. Residential
    9.3. Commercial
    9.4. Industrial
10. GLOBAL AUTOTRANSFORMER MARKET BY GEOGRAPHY
    10.1. Introduction
    10.2. North America
        10.2.1. USA
        10.2.2. Canada
        10.2.3. Mexico
    10.3. South America
        10.3.1. Brazil
        10.3.2. Argentina
        10.3.3. Others
    10.4. Europe
        10.4.1. Germany
        10.4.2. France
        10.4.3. United Kingdom
        10.4.4. Spain
        10.4.5. Others
    10.5. Middle East and Africa
        10.5.1. Saudi Arabia
        10.5.2. UAE
        10.5.3. Israel
        10.5.4. Others
    10.6. Asia Pacific
        10.6.1. China
        10.6.2. India
        10.6.3. Japan
        10.6.4. South Korea
        10.6.5. Indonesia
        10.6.6. Thailand
        10.6.7. Others
11. COMPETITIVE ENVIRONMENT AND ANALYSIS
    11.1. Major Players and Strategy Analysis
    11.2. Market Share Analysis
    11.3. Mergers, Acquisitions, Agreements, and Collaborations
    11.4. Competitive Dashboard
12. COMPANY PROFILES
    12.1. ABB Ltd
    12.2. Hitachi Energy Ltd.
    12.3. Johnson Electric Coil Company
    12.4. Lenco Electronics, Inc.
    12.5. Meidensha Corporation
    12.6. MGM Transformers (Forgent)
    12.7. Osborne Transformer Corporation
    12.8. Trutech Products
    12.9. Mitsubishi Electric Corporation
    12.10. Toshiba Energy Systems & Solutions Corporation
    12.11. Bharat Heavy Electricals Limited
    12.12. General Electric
13. APPENDIX
    13.1. Currency
    13.2. Assumptions
    13.3. Base and Forecast Years Timeline
    13.4. Key benefits for the stakeholders
    13.5. Research Methodology
    13.6. Abbreviations
LIST OF FIGURES
LIST OF TABLES

Companies Profiled

ABB Ltd

Hitachi Energy Ltd

Johnson Electric Coil Company

Lenco Electronics, Inc

Meidensha Corporation

MGM Transformers (Forgent)

Osborne Transformer Corporation

Trutech Products

Mitsubishi Electric Corporation

Toshiba Energy Systems & Solutions Corporation

Bharat Heavy Electricals Limited

General Electric

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