Europe Power Transformer Market Size & Outlook, 2022-2030
Europe power transformer market, 2018-2030 (US$B)
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Europe power transformer market highlights
- The Europe power transformer market generated a revenue of USD 4.2 billion in 2022.
- The market is expected to grow at a CAGR of 5.8% from 2023 to 2030.
- In terms of segment, shell was the largest revenue generating core in 2022.
- Shell is the most lucrative core segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 4.2 billion |
| Market revenue in 2030 | USD 6.6 billion |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Shell |
| Fastest growing segment | Shell |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Closed, Shell, Berry |
| Key market players worldwide | ABB Ltd, Alstom SA, Murugappa Group, GE Aerospace, Siemens Energy AG Ordinary Shares, Mitsubishi Electric Corp, Toshiba Tec Corp ADR |
Other key industry trends
- In terms of revenue, Europe region accounted for 18.4% of the global power transformer market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15.9 billion by 2030.
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Power Transformer Market Scope
Power Transformer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe power transformer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to power transformer market will help companies and investors design strategic landscapes.
Shell was the largest segment with a revenue share of 40.48% in 2022. Horizon Databook has segmented the Europe power transformer market based on closed, shell, berry covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Europe power transformer market databook
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Our clientele includes a mix of power transformer market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe power transformer market , including forecasts for subscribers. This continent databook contains high-level insights into Europe power transformer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe power transformer market size, by country, 2018-2030 (US$B)
Europe Power Transformer Market Outlook Share, 2022 & 2030 (US$B)
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