Learn about the global low power transformers market through The Business Research Company, which provides information on low power transformers market size, low power transformers market drivers and restraints, low power transformers market players, the COVID-19 impact on the low power transformers market, and more.

The global low power transformers market size is expected to grow from $42.07 billion in 2021 to $53.65 billion in 2022 at a compound annual growth rate (CAGR) of 27.5%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The low power transformer market is expected to reach $130.23 billion in 2026 at a CAGR of 24.8%.

The low power transformers market was mainly driven by rapid growth in emerging markets.

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The low power transformers market consists of sales of low power transformers. A low power transformer is a static device that works on the principles of mutual induction to transform power from one circuit to another circuit without changing frequency. Low power transformers manufacturing establishments manufacture power transformers with ratings of 100 MVA to 500 MVA.

Global Low Power Transformers Market Segments Include:
By Product Type: Split-Core, Solid-Core

By Cooling Method: Oil-Cooled, Air-Cooled

By Application: Power Plants, Factory, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the low power transformers market in 2021.

The transformer manufacturing market is moving towards the evolution of independent and self-regulating smart transformers. Smart transformers are programmed to constantly regulate voltage and maintain contact with the stakeholders and provide information and feedback on the power supply. They provide the exact amount of power that is needed and respond to fluctuations through a process known as voltage optimization. They significantly reduce greenhouse gas emissions and power consumption as they supply electrical equipment with the ideal amount of power.

TBRC’s low power transformers market report covers:

Major Market Players: Eaton, Wurth Elektronik, Analog Devices, RITZ Instrument Transformers, Bourns, Osram, Schneider Electric, Rockwell Automation, Dechang Electronics, and Leviton.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Low Power Transformers Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides low power transformers market overviews, analyzes and forecasts market size, share, low power transformers market players, low power transformers market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s low power transformers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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