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 contains market size and forecasts of Transformer Cores in global, including the following market information:
Global Transformer Cores Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Transformer Cores Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Transformer Cores companies in 2021 (%)
The global Transformer Cores market was valued at 7162.5 million in 2021 and is projected to reach US$ 9745.8 million by 2028, at a CAGR of 4.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Steel Laminated Cores Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Transformer Cores include ABB, SIEMENS, Alstom, TOSHIBA, Mitsubishi Electric, Hitachi, HYOSUNG, ZTR and SGB-SMIT, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has 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, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Transformer Cores Market Segment Percentages, by Type, 2021 (%)
Steel Laminated Cores
Solid Cores
Global Transformer Cores Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Transformer Cores Market Segment Percentages, by Application, 2021 (%)
Power Industry Transformer
Consumer Electronics Transformer
Global Transformer Cores Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Transformer Cores Market Segment Percentages, By Region and Country, 2021 (%)
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, 2017-2022 (Estimated), ($ millions)
Key companies Transformer Cores revenues share in global market, 2021 (%)
Key companies Transformer Cores sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Transformer Cores sales share in global market, 2021 (%)
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