Power Transformer Market Players:
- ABB
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- CG Power & Industrial Solutions Ltd.
- Siemens Energy
- General Electric
- HD HYUNDAI ELECTRIC CO., LTD.
- HYOSUNG USA
- Powertech Transformers &Controls Pvt Ltd
- Bharat Bijlee Limited
- Transformers & Rectifiers India Ltd
- Mitsubishi Electric Corporation
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of power transformer is assessed at USD 30.12 billion.
The global power transformer market size was valued at over USD 28.43 billion in 2025 and is expected to expand at a CAGR of more than 6.6%, surpassing USD 53.87 billion revenue by 2035.
Asia Pacific power transformer market will secure over 43.20% share by 2035, fueled by renewable energy adoption and increased grid integration.
Key players in the market include of HD HYUNDAI ELECTRIC CO., LTD., HYOSUNG USA, Powertech Transformers &Controls Pvt Ltd, Bharat Bijlee Limited, Transformers & Rectifiers India Ltd, Mitsubishi Electric Corporation.
