The distribution transformer market in Europe was valued at US$ 3.5 Bn in 2019 and is anticipated to expand at a CAGR of 6.5% during the forecast period. Based on insulation, the liquid segment held dominant share of the distribution transformer market in Europe in 2019. In terms of insulation type, the replacement segment accounted for a larger share of the distribution transformer market in Europe in 2019. Power failures have been rising due to the aging power grids. This calls for replacement of distribution transformers. Based on type, the three phase segment constituted significant share of the distribution transformer market in Europe in 2019, as three phase transformers are efficient, cost effective, more stable & reliable, and easier to conduct parallel operations vis-à-vis the single phase transformers.
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In terms of power rating, the 0-200 kVA segment occupied large share of the distribution transformer market in Europe in 2019. These transformers are primarily used outdoors. Based on winding material, the copper segment accounted for major share of the distribution transformer market in Europe in 2019, as copper is harder, stronger, and more ductile than aluminum. Thus, its periodic inspection is not required. Based on application, the utility segment dominated the distribution transformer market in Europe in 2019. Utilities are owned by governments. They are the major producers and distributors of electricity in Europe.
Based on the mounting, the pad segment accounted for key share of the distribution transformer market in Europe in 2019. Pad mounting transformers are safe and reliable, as they have enclosed cabinets. The distribution transformer market in the U.K. is likely to expand at a substantial pace during the forecast period, owing to high investments in power industry in the country.
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Aging energy generation and distribution infrastructure is one of the major challenges in developed countries. It creates significant pressure on energy generation and distribution infrastructure. Many countries in Europe are incurring high costs associated with disruptions and Customer Minutes Lost (CML). The level of investment needed to maintain and upgrade the network is also high. Romania is also facing issues, such as run-down infrastructure, that cannot withstand the demand placed on the energy infrastructure. The power generation technology is evolving constantly; therefore, energy distribution and generating facilities need to come up with planned upgrades. Energy distribution and generating facilities need to work in tandem with ‘future proof’ networks, as more coal plants are decommissioned. Renewables and nuclear power are expected to continue to play a bigger role in power generation. New technologies and fuel choices need to be integrated into the grid (such as smart grids) in the future.
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Major Developments in Europe Distribution Transformer Market
In February 2019, Schneider Electric SE was named among 100 of the World’s Most Ethical Companies by the Ethisphere Institute for the ninth consecutive year. In October 2018, Schneider Electric SE was declared one of the best-performing companies in the eCAC40 ranking for digital progress, achieving the highest-ever score. The result reflected the company’s successful digital strategy, which was launched more than 10 years ago.
Competition Landscape
The distribution transformer market in Europe is led by multinational players operating across the region. Prominent players functioning in the distribution transformer market in Europe are Siemens AG, General Electric, Schneider Electric, ABB Ltd, Kirloskar Electric Ltd., Toshiba International Corporation, Crompton Greaves Ltd, and Eaton Corporation.
Europe Distribution Transformer Market: Segmentation
Europe Distribution Transformer Market, by Insulation
- Gas
- Solid
- Liquid
Europe Distribution Transformer Market, by Insulation Type
- New Installation
- Replacement
Europe Distribution Transformer Market, by Type
- Single Phase
- Three Phase
Europe Distribution Transformer Market, by Power Rating
- 0-200 kVA
- 201 kVA-500 kVA
- 501 kVA-1,000 kVA
- 1,001 kVA-5,000 kVA
- Above 5,000 kVA
Europe Distribution Transformer Market, by Winding Material
- Aluminum
- Copper
Europe Distribution Transformer Market, by Application
- Residential & Commercial
- Industrial
- Utility
- Renewables
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