A control transformer is an isolation transformer that provides good voltage regulation, and is also designed to provide a high degree of secondary voltage stability (regulation) during a brief period of overload condition (also referred to as “inrush current”). Control transformers are also known as Machine Tool Transformers, Industrial Control Transformers or Control Power Transformers.
The three-phase segment dominated the market owing to better efficiency in industrial applications. Three-phase industrial compressors are used to drive a variety of general machinery such as compressors, pumps, crushers, cutting machine tools, and other mechanical equipment in petroleum, chemical, power plants, and other industrial and mining industries.
The metal & mining segment dominated the industrial control transformer market owing to increased expansion in industrialization, construction, and infrastructure activities.
Asia Pacific dominated the market. The market in Asia Pacific is expected to hold the largest share of the global market till 2023. Need to reduce equipment failure caused by frequent voltage spikes are driving the market in Asia Pacific.
In 2019, the market size of Industrial Control Transformer is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Industrial Control Transformer.
This report studies the global market size of Industrial Control Transformer, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Industrial Control Transformer production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
ABB
Eaton
Siemens
GE
Schneider Electric
Hubbell
Emerson Electric
Rockwell Automation
Electric Hammond Power Solutions (HPS)
Broadman Transformers
Dongan Electric
MCI Transformers
Market Segment by Product Type
Single Phase
Three Phase
Market Segment by Application
Power Generation
Oil & Gas
Chemical
Metal & Mining
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Industrial Control Transformer status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Industrial Control Transformer manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Industrial Control Transformer are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Industrial Control Transformer. Industry analysis & Market Report on Industrial Control Transformer is a syndicated market report, published as Global (United States, European Union and China) Industrial Control Transformer Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Industrial Control Transformer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.