Renewable Energy Transformer Market - Top Companies and Manufacturers

  • Report ID: 3255
  • Published Date: Jul 23, 2024
  • Report Format: PDF, PPT

Companies Dominating the Global Renewable Energy Transformer Landscape

top-features-companies
    • Eaton Corporation Plc
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Hitachi ABB Power Grids
    • CG Power and Industrial Solutions Ltd.
    • DAIHEN Corp.
    • Schneider Electric SE
    • Siemens AG
    • STC Inc.
    • Bharat Heavy Electricals Ltd.
    • ENERCON GmbH
    • General Electric Company

Browse Key Market Insights with Data Illustration:

In the News

  • Hitachi ABB Power Grids have launched a transformer for floating offshore wind energy, which operates by enabling the new generation of floating and turbines and substations. The aim of this product is to overcome large volume of wind to support the energy transition for a sustainable future.
  • Siemens Energy was awarded a contract to set up 22 distribution transformers at China's first industrial 66 kV offshore wind farm, Yuhuan Offshore Wind Power Project Phase 1, near Taizhou, Zhejiang Province.

Author Credits:  Dhruv Bhatia


  • Report ID: 3255
  • Published Date: Jul 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of renewable energy transformer is evaluated at USD 25.14 Billion.

The renewable energy transformer market size was over USD 24.1 Billion in 2023 and is poised to exceed USD 44.34 Billion by the end of 2036, witnessing over 4.8% CAGR during the forecast period i.e., between 2024-2036. The rising demand for electric grids on account of increase in industrialization and urbanization is expected to drive the growth of the market.

North America industry is predicted to have the highest growth through 2036, owing rising number of electricity production plants and transmission facilities in the region.

Eaton Corporation Plc, Hitachi ABB Power Grids, CG Power and Industrial Solutions Ltd., DAIHEN Corp., Schneider Electric SE, Siemens AG, STC Inc., Bharat Heavy Electricals Ltd., ENERCON GmbH, General Electric Company
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