Residential & Commercial - Power Transformer Market Statistics
The global residential & commercial power transformer market size was valued at US$ 8.2 billion in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 6.1% from 2022 to 2030.
Related Statistics
Residential & commercial - Power transformer market highlights
- The global residential & commercial segment generated a revenue of USD 8.2 billion in 2022 and is expected to reach USD 13.1 billion by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.2% by 2030.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Market summary
| Market revenue in 2022 | USD 8.2 billion |
| Market revenue in 2030 | USD 13.1 billion |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Power Transformer Market Scope
Power transformer market segmentation & scope
Power Transformer Market Outlook
- HTML
- PPT
- -
Everything on Power Transformer Market Outlook in one document: edited and divided into chapters, including detailed references.
Related industry reports
Related Regional Reports
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
