EUROPE TRANSFORMER MARKET

KEY FINDINGS

• ABB launched the world’s first digitally integrated power transformer, which is equipped with remote monitoring and data analytics technologies.
• Murata announced the launch of the highly innovative distribution transformer particularly designed for high frequency and high-power applications.
• Efacec launches new modular concept for its core power transformers as it will allow greater optimization and efficiency, deliveries to the same will start from March, 2021.
• Romanian utility Hidroelectrica has completed the modernisation works of two 110 kV transformer substations and installation of new secondary circuit. Contract was worth $310k. 
• Scotish and Suthern Electricity Network (SSEN) has announced $1 million for the refurbishment and installation of new transformer for Dundee’s Lyndhurst substation.
• New eco-design for medium and large power transformers will minimize the losses and improve the transmission efficiency as per the amended commission regulation of Europe.
• Growth in power generation from renewable energies is creating demand for the distribution transformer market in Europe.

INTRODUCTION TOEUROPE TRANSFORMERMARKET

Transformers are electrical equipment, which consist of two or more number of coils of wire and are used to transfer electrical energy via changing magnetic field. Transformers are used for different purposes in electric power system like Generation, Transmission, Distribution and utilization of electrical power.

Depending on the purpose, transformers can be classified into different types-

• Step- up and Step- down transformer
• Power transformer
• Distribution transformer
• Instrument transformer
  • Current transformer
  • Potential transformer
• Single phase transformer
• Three phase transformer

EUROPE TRANSFORMERMARKET SEGMENTATION

Europe transformer market is segmented by-

1. TRANSFORMER TYPE

1. POWER TRANSFORMER

These transformers are used in high voltage transmission networks i.e. 400 KV, 200 KV, 110 KV, 66 KV, 33 KV. Since power can’t be transferred at high voltage to the customers, so the power is stepped down using step-down power transformer. They are mainly rated above 200 MVA.

These transformers have appx. 100% efficiency and mainly installed at generating station and transmission substations. They are relatively bigger in size as compared to distribution transformers.

2. DISTRIBUTION TRANSFORMER

These transformers have low voltage rating i.e. 11 KV, 6.6 KV, 3.3 KV, 440 V, 230 V and are rated less than 200 MVA. These are used in distribution network to step down the voltage level to suitable value for the use of consumer.

Recent increase in the use of renewable energy such as solar, wind etc. have increased the demand of distribution transformer. This will be the key driver for the European transformer market.

Various eco-design statistics consideration given by European government as amendments in order to improve efficiency in electricity transmission. 

2. POWER RATINGS

1. SMALL

A power transformer with a highest voltage for equipment not exceeding 1,1 kV.

2. MEDIUM

A power transformer with a highest voltage for equipment higher than 1,1 kV, but not exceeding 36 kV and a rated power equal to or higher than 5 kVA but lower than 40 MVA.

3. LARGE

A power transformer with a highest voltage for equipment exceeding 36 kV and a rated power equal to or higher than 5 kVA, or a rated power equal to or higher than 40 MVA regardless of the highest voltage for equipment.

New eco-design of medium and large power transformers will minimize the losses and improve the transmission efficiency as per the amended commission regulation of Europe.

3. COOLING TYPE

Depending on the type of dielectric insulation material, transformers may be classified in to two types-

1. OIL-COOLED

In this type of transformers, winding sand core are immersed in oil, in a tank with radiators. Here oil act as both insulator and cooling agent. Common application of these type of transformer are-

• Step-up transformer in power plants
• Step-down transformers in substations (EHV/EHV, EHV/HV, HV/MV)

Oil filled sealed transformers are used in distribution networks (MV/LV) and in installation up to 52 kV having power rating up to 2.5 MVA. Few manufacturers have built this kind of transformers for power rating up to 30 MVA.

2. AIR-COOLED

These falls under the category of dry type transformers, where air is used as a cooling agent instead of oil. This type of transformers is most suitable where distribution of energy requires absolute safety. These requires less maintenance and are safer as compared to oil type transformers. Possess very less space and are simple in design with onsite replacement of winding s feasibility.

Dry type transformers are used in-

• Multistorey building
• Hotels
• Hospitals and clinics
• Airports
• Places where fire safety is a great concern

4. GEOGRAPHY

1. CENTRAL WESTERN EUROPE (Austria, Belgium, France, Germany, Luxembourg, the Netherlands, Switzerland)
2. NORTHERN EUROPE (Denmark, Estonia, Finland, Latvia, Lithuania, Sweden, Norway)
3. SOUTH WESTERN EUROPE (Czechia, Hungary, Poland, Romania, Slovakia, Slovenia)
4. SOUTH EATERN EUROPE (Bulgaria, Croatia, Greece and Serbia)

EUROPE TRANSFORMERMARKETKEY PLAYERS

• Siemens AG
• General Electric
• Schneider Electric
• ABB Ltd
• Kirloskar Electric Ltd
• Toshiba International Corporation
• Crompton Greaves Ltd
• Eaton Corporation

THISEUROPE TRANSFORMERMARKETREPORT WILL ANSWER FOLLOWING QUESTIONS

1. Europe Transformer Market size and Forecast, by region, by application
2. Average B-2-B price for Europe Transformer Market, by region, per user
3. Technology trends and related opportunity for new Europe Transformer Market tech suppliers
4. Europe Transformer Market share of leading vendors, by region,
5. Coronavirus impact on Europe Transformer Market earnings