Report overview
A transformer core is typically made of a high perm material with little or no gap. Energy is transferred constantly from an AC source through the coupling of the lines of flux between the winding on the primary and the winding on the secondary. An ideal transformer provides minimum core losses and maximum power transfer, at a low cost in the least amount of space. Core materials for transformers are typically ferrites, strip wound products and, less commonly, powder cores.
This report aims to provide a comprehensive presentation of the global market for Transformer Cores, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Transformer Cores. This report contains market size and forecasts of Transformer Cores in global, including the following market information:
Global Transformer Cores Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Transformer Cores Market Sales, 2018-2023, 2024-2029, (Kiloton)
Global top five Transformer Cores companies in 2022 (%)
The global Transformer Cores market was valued at US$ 7162.5 million in 2022 and is projected to reach US$ 9745.8 million by 2029, at a CAGR of 4.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Transformer Cores key players include ABB, SIEMENS, Alstom, TBEA, TOSHIBA, etc. Global top five manufacturers hold a share over 25%.
China is the largest market, with a share over 35%, followed by North America and Europe, both have a share over 40%.
In terms of product, Steel Laminated Cores is the largest segment, with a share over 95%. And in terms of application, the largest application is Power Industry Transformer, followed by Consumer Electronics Transformer, etc.
We surveyed the Transformer Cores manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Transformer Cores Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Transformer Cores Market Segment Percentages, by Type, 2022 (%)
Steel Laminated Cores
Solid Cores
Global Transformer Cores Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Transformer Cores Market Segment Percentages, by Application, 2022 (%)
Power Industry Transformer
Consumer Electronics Transformer
Global Transformer Cores Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Transformer Cores Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Transformer Cores revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Transformer Cores revenues share in global market, 2022 (%)
Key companies Transformer Cores sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Transformer Cores sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
SIEMENS
Alstom
TOSHIBA
Mitsubishi Electric
Hitachi
HYOSUNG
ZTR
SGB-SMIT
Fuji Electric
CG
SPX
TDK
Efacec
Laird
Fair-Rite Products Corp
Ferroxcube
TBEA
JSHP Transformer
Wujiang Transformer
China XD Group
Tianwei Group
Dachi Electric
Liye Power Transformer
Luneng Mount.Tai Electric
Qiantang River Electric
AT&M
Sanbian Sci-Tech
Gaotune technologies
Outline of Major Chapters:
Chapter 1: Introduces the definition of Transformer Cores, market overview.
Chapter 2: Global Transformer Cores market size in revenue and volume.
Chapter 3: Detailed analysis of Transformer Cores manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Transformer Cores in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Transformer Cores capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.