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

The global medium power transformers market size is expected to grow from $33.82 billion in 2021 to $41.86 billion in 2022 at a compound annual growth rate (CAGR) of 23.8%. 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 medium power transformer market is expected to reach $90.17 billion in 2026 at a CAGR of 21.1%.

Favourable government policies to increase electrification contributed to the growth of the medium power transformers market in the historic period.

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The medium power transformers market consists of sales of medium power transformers. Medium Power Transformers are used in lowering voltages to the level required and are eligible for voltage regulations. These types of transformers are mostly used in the manufacturing and construction industries. Medium Power Transformers manufacturing establishments manufacture power transformers with ratings of 501 MVA to 800 MVA.

Global Medium Power Transformers Market Segments Include:
By Cooling Method: Oil-Cooled, Air-Cooled

By Mounting: Pad, Pole, PC/PCB, Others

By End-User: Residential, Commercial, Industrial

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 medium 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 medium power transformers market report covers:

Major Market Players: Siemens AG, ABB Group, General Electric Company, Fuji Electric Co. Ltd., Hitachi, Ltd., Schneider Electric SE, Eaton Corporation PLC, Mitsubishi Electric Corporation, and Japan International USA Ltd.

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 Medium 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 medium power transformers market overviews, analyzes and forecasts market size, share, medium power transformers market players, medium power transformers market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s medium 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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