
- Get in Touch with Us
Last Updated: Apr 25, 2025 | Study Period:
A transformer is an electrical energy transfer device that either steps up or steps down the voltage from one alternating-current circuit to one or more other circuits. A transformer is a tool used to move electrical energy across circuits. Two circuits are connected via mutual induction.
Additionally, it is used to transmit electrical power through electromagnetic induction. Without any frequency change, electrical power is conveyed.
Transformers are used to adjust the AC voltage levels; these transformers are classified as step-up or step-down types depending on whether they raise or decrease the voltage level.
Additionally, transformers can be employed to connect the stages of signal-processing circuits and to provide galvanic isolation between circuits.
The fabrication of magnetic transformers is essentially straightforward. They are made up of an iron core and two sets of copper wire windings. Using the line voltage (120V), the main coil generates a magnetic field that induces current into the secondary winding.
As long as both sets of coils are connected to the same magnetic circuit, transformers are static devices that transmit energy from one set of coils to another by a fluctuating magnetic flux (core). Electromotive forces are produced when flux connections fluctuate in size over time.
The Global Magnetic Transformers Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The efficiency of transformers can be increased using Hitachi's new magnetic domain control metal.
Utilizing its magnetic domain control technology and Metglas iron-based amorphous alloy, Hitachi Metals has created a new magnetic amorphous metal that promises to significantly increase the efficiency of distribution transformers.
The designation MaDC-A, which stands for magnetic domain controlled, is given to the substance. According to the business, the new metal has a higher flux density and a roughly lower core loss than traditional core materials. Energy conservation has become increasingly important due to the growing call to reduce carbon dioxide emissions as a response to global warming.
In many nations, the requirements for distribution transformer energy efficiency are tightening, necessitating the development of metal core materials with lower core losses.The amorphous alloy has minimal hysteresis loss, or energy loss that is independent of the frequency produced when a magnetic field is applied to the core, since it lacks a crystalline structure.
A notably low eddy-current loss, or energy loss brought on by the eddy current produced when a DC magnetic field is applied to the core, is also created by its thinness and high electrical resistivity.
According to Hitachi, this has the effect of reducing core loss in transformers as compared to magnetic steel sheets, also known as electrical steel or silicon steel, which are constructed of iron and silicon elements.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |