Global Industrial Control Transformers Market Report 2020: Trajectory & Analytics, 2012-2019 & 2020-2027 - Market to Reach $1 Billion

Global Industrial Control Transformers Market Report 2020: Trajectory & Analytics, 2012-2019 & 2020-2027 - Market to Reach $1 Billion

GlobeNewswire

Published

Dublin, Jan. 21, 2021 (GLOBE NEWSWIRE) -- The "Industrial Control Transformers - Global Market Trajectory & Analytics" report has been added to *ResearchAndMarkets.com's* offering.

*Global Industrial Control Transformers Market to Reach $1 Billion by 2027*

Amid the COVID-19 crisis, the global market for Industrial Control Transformers estimated at US$818 Million in the year 2020, is projected to reach a revised size of US$1 Billion by 2027, growing at a CAGR of 3.5% over the period 2020-2027.

Single Phase, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$307.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Three Phase segment is readjusted to a revised 3.4% CAGR for the next 7-year period.

*The U. S. Market is Estimated at $220.8 Million, While China is Forecast to Grow at 6.4% CAGR*

The Industrial Control Transformers market in the U. S. is estimated at US$220.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$219.3 Million by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

*Competitors identified in this market include, among others:*

· Dongan Electric Manufacturing Company
· Emerson Electric Company
· General Electric Company
· Hubbell, Inc.
· MCI Transformer Corporation
· Rockwell Automation, Inc.
· Schneider Electric SA
· Siemens AG

*Key Topics Covered:*

* I. INTRODUCTION, METHODOLOGY & REPORT SCOPE*

*II. EXECUTIVE SUMMARY*

*1. MARKET OVERVIEW*

· Industrial Control Transformer: Market Dynamics
· Growing Power Sector Drives Growth in the Market
· Asia-Pacific: The Fastest Growing Market
· INNOVATIONS AND ADVANCEMENTS
· Technology Innovations for the Future
· Advancements Lead to Maintenance Reduction
· Hybrid Technology in Vogue
· Key Industry Developments Shape the Market
· PRODUCT OVERVIEW
· Transformer, Types and Theory of Operation
· Applications of Transformers
· Control Transformer Defined
· Performance Specifications
· Phase, Output Voltage, and Winding Turns
· Form Factor
· Use and Selection of Control Transformer
· Control Transformer Applications
· Global Competitor Market Shares
· Industrial Control Transformer Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
· Impact of Covid-19 and a Looming Global Recession

*2. FOCUS ON SELECT PLAYERS*

*3. MARKET TRENDS & DRIVERS*

· Recent Trends in the Transformer Market
· International Standards and Mandatory Compliance Influence Demand

*4. GLOBAL MARKET PERSPECTIVE*

*III. MARKET ANALYSIS*

*GEOGRAPHIC MARKET ANALYSIS*

*UNITED STATES*

· Market Facts & Figures
· US Industrial Control Transformer Market Share (in %) by Company: 2019 & 2025
· Market Analytics

*CANADA*

*JAPAN*

*CHINA*

*EUROPE*

· Market Facts & Figures
· European Industrial Control Transformer Market: Competitor Market Share Scenario (in %) for 2019 & 2025
· Market Analytics

*FRANCE*

*GERMANY*

*ITALY*

*UNITED KINGDOM*

*SPAIN*

*RUSSIA*

*REST OF EUROPE*

*ASIA-PACIFIC*

*AUSTRALIA*

*INDIA*

*SOUTH KOREA*

*REST OF ASIA-PACIFIC*

*LATIN AMERICA*

*ARGENTINA*

*BRAZIL*

*MEXICO*

*REST OF LATIN AMERICA*

*MIDDLE EAST*

*IRAN*

*ISRAEL*

*SAUDI ARABIA*

*UNITED ARAB EMIRATES*

*REST OF MIDDLE EAST*

*AFRICA*

*IV. COMPETITION*

· Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/b9eqfw

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT:
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Full Article