Amorphous Alloy Transformer Market: Information by Type (Vertical, Wall-mounted, Others) End-use (Electric Equipment, Electronic Equipment, Others), and Region (Asia-Pacific, North America, Europe, Latin America, and Others) — Global Forecast till 2026
Amorphous alloy transformer is a type of energy efficient transformer found on electric grids, which is typically made of an alloy of iron with boron, silicon, and phosphorus in the form of thin foils rapidly cooled from the melt, as these materials have high magnetic susceptibility, relatively low coercivity, and high electrical resistance.
Amorphous Alloy Transformer market is expected to witness growth due to its energy efficiency and power saving capability better than conventional power transformers, shaping a trend as an emerging alternative for end-user applications. The global Amorphous Alloy Transformer market is estimated to be USD 790 million in 2019 and is expected to reach USD 1,220 million by 2026, with a CAGR of 6.41% during the forecast period.
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Key Dynamics
The global Amorphous Alloy Transformer market is basically driven by the growing demand for the equipment due to numerous properties, such as amorphous metal transformer uses an amorphous metal core instead of an ordinary metalcore, lacks the crystalline structure unlike those conventional transformers, the excellent strength and superior magnetic properties attached by the raw materials, by these benefits, making it ideal for various applications. Out of this, with growing initiatives for better efficiency and reduce transmission losses, as well as lower carbon footprint on the environment, these factors may positively trigger the global Amorphous Alloy Transformer market.
Segmentation
Based on type, Amorphous Alloy Transformer Market segmented into
l Wall-mounted
Based on application, Amorphous Alloy Transformer Market segmented into
l Electric Equipment
l Electronic Equipment
l Others
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Competitive Landscape
Vijai Electricals
ABB
BRG
STS
Hitachi
Wilson
Powerstar
ProlecGE
ZHIXIN ELEVTRIC
China Power Equipment
Regional Spotlights
By regions, the global Amorphous Alloy Transformer market was mainly concentrated in the regions of North America, Asia-Pacific, and Europe, with the market value of 32.95%, 29.64%, and 25.81% respectively, accounting for a total of over 88.4%. North America is a leading contributor both in terms of production and sales of Amorphous Alloy Transformer, which can be attributed to the well-established power grids, surging requirement for upgrading the aging grid, along with stringent government regulations on the efficiency of power transmission equipment. While the Asia-Pacific area is estimated to make substantial growth in sales generation during 2019-2026 owing to the presence of emerging economies such as India, China, and some countries in Southeast Asia. The study highlights Brazil as an attractive market for such equipment as well.
l North America (U.S., Canada, Mexico)
l Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe
l Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
l Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries.
l Others
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Amorphous Alloy Transformer Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Amorphous Alloy Transformer Market by Types
4 Segmentation of Amorphous Alloy Transformer Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Amorphous Alloy Transformer Market in Major Countries
7 North America Amorphous Alloy Transformer Landscape Analysis
8 Europe Amorphous Alloy Transformer Landscape Analysis
9 Asia Pacific Amorphous Alloy Transformer Landscape Analysis
10 Latin America, Middle East & Africa Amorphous Alloy Transformer Landscape Analysis
11 Major Players Profile
11.1 Vijai Electricals
11.1.1 Vijai Electricals Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 ABB
11.3 BRG
11.4 STS
11.5 Hitachi
11.6 Wilson
11.7 Powerstar
11.8 ProlecGE
11.9 ZHIXIN ELEVTRIC
11.10 China Power Equipment
…
In-depth Amorphous Alloy Transformer Market Report: Intended Audience
l Amorphous Alloy Transformer manufacturers
l Raw material suppliers of Amorphous Alloy Transformer
l Downstream vendors and end-users
l Traders, distributors, and resellers of Amorphous Alloy Transformer
l Equipment, Machinery industry associations and research organizations
l Product managers, Amorphous Alloy Transformer industry administrator, C-level executives of the industries
l Market Research and consulting firms
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Years considered for the study
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
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