Europe Power & Distribution Transformer Market (2024-2030) | Size, Share, Revenue, Forecast, Trends, Growth

Latest 2023 Developments of the Europe Power & Distribution Transformer Market

The Europe Power & Distribution Transformer Market is witnessing significant growth and developments that are happening in the market play a key role in the sector's growth. The rising focus on sources of renewable energy is leading to a growth in demand for power transformers. The European Union allocated substantial funds for the development of transmission as well as distribution infrastructure, which is fueling the Europe Power & Distribution Transformer Growth.

Integration of smart grids needs the deployment of smart transformers which can handle bidirectional power flows, advanced communication capabilities, and voltage regulation. This is leading to a rise in demand for distribution transformers that are able to operate effectively in the smart grid system, which in turn is stimulating the growth of the Europe Power & Distribution Transformer Industry.

The rising adoption of electric vehicles in the region also led to a growth in demand for charging infrastructure, which needs the deployment of transformers in order to hand power supply. The Power & Distribution Transformer Market in Europe is consolidated, with a few key companies dominating the sector. The rising consolidation in the sector is leading to intense competition as well as innovation. 

Europe Power & Distribution Transformer Market Synopsis

Europe power & distribution transformer market is projected to witness significant growth during the forecast period. Europe has a remarkable per capita electricity consumption, which is anticipated to be growing further in the years to come thus, making it one of the prominent markets for power & distribution transformers, globally. The refurbishment of aging electrical infrastructure and the development of a new distribution network coupled with rising investment in the renewable energy sector is the key factors that would contribute heavily towards the market growth of power & distribution transformers in Europe in the years to come.

According to 6Wresearch, Europe Power & Distribution Transformer Market size is anticipated to register growth during 2020-2026. The United Kingdom is expected to witness high growth during the forecast period mainly on account of shifting focus toward renewable energy resources. The UK government has taken various initiatives for the implementation of power & distribution transformers for achieving higher efficiency and full capacity utilization. Further, several government initiatives such as “Horizon 2020’ and “Trans-European Energy Infrastructure” along with various subsidies and tax exemptions provided by the government of France, Italy, etc. for the implementation of power & distribution transformers in the region would augment the market growth during the forecast period. However, sluggish market growth is expected in 2020 due to the outbreak of the coronavirus pandemic in Europe in the past few months resulting in major economic disruptions across several countries in the region.

By rating, 315.1 KVA - 5 MVA and 1 MVA - 50 MVA are the most commonly used power ratings for distribution transformers and power transformers, respectively, in the European region. Further, the distribution transformer segment dominated the overall Europe power & distribution transformer market in 2019 on account of the high utilization of such transformers in the distribution network and industrial setup.

The Europe power & distribution transformer market report thoroughly covers the market by types, rating, cooling systems, applications, and country including Germany, France, Italy, Spain, the United Kingdom, and the rest of Europe The European power & distribution transformer market outlook provides an unbiased and detailed analysis of the on-going Europe power & distribution transformer market trends, opportunities/high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

Europe power and distribution transformer market is anticipated to register sound revenue in the upcoming six years to the back of the rising renewable power generation process. Increased government initiative by investing in power grids development in order to generate renewable energy where wind, solar, and hydro are the main source, as a result, the government is using renewable energy during the power distribution process which is expected to upsurge the demand for power and distribution transformers in the coming years. The United Kingdom power and distribution transformer market is estimated to gain momentum owing to rising government efforts in providing low-emission-based energy which is estimated to instigate power transformer deployment in the country as a result, the United Kingdom low-emission power distribution process is expected to contribute towards the optimistic growth of the entire Europe power and distribution transformer market in the coming time zone.

Europe power & distribution transformer market is projected to find its potential growth in the market owing to the increased industrial landscape in the country. Additionally, on the basis of the country, the German power & distribution transformer market is estimated to be a high possibility for new growth avenues on the back of the Intensive efforts being made by the German solar association to upsurge expansion of solar power plant considerably, majorly to reduce the carbon footprint and to meet the residential and commercial massive electricity demand, therefore power and distribution transformer plays a crucial role in distributing renewable energy to the population and would benefit the growth of the Europe power & distribution transformer market in the foreseeable future.

Key Highlights of The Report

• Europe Power & Distribution Transformer Market Overview
• Europe Power & Distribution Transformer Market Outlook
• Europe Power & Distribution Transformer Market Forecast
• Historical data of Europe Power & Distribution Transformer Market Revenues for the Period 2016-2019
• Europe Power & Distribution Transformer Market Size & Europe Power & Distribution Transformer Market Forecast of Revenues until 2026
• Historical data of Germany, France, Italy, Spain, and United Kingdom Power & Distribution Transformer Market Revenues for the Period 2016-2019
• Market Size & Forecast of Germany, France, Italy, Spain, and United Kingdom Power & Distribution Transformer Market Revenues until 2026
• Historical Data of Germany, France, Italy, Spain, and United Kingdom Power & Distribution Transformer Market Revenues, By Types, for the period 2016-2019
• Market Size and Forecast of Germany, France, Italy, Spain, and United Kingdom Power & Distribution Transformer Market Revenues, By Types, until 2026
• Historical Data of Germany, France, Italy, Spain, and United Kingdom Power & Distribution Transformer Market Revenues, By Rating, for the period 2016-2019
• Market Size and Forecast of Germany, France, Italy, Spain, and United Kingdom Power & Distribution Transformer Market Revenues, By Rating, until 2026
• Historical Data of Germany, France, Italy, Spain, and United Kingdom Power & Distribution Transformer Market Revenues, By Cooling System, for the period 2016-2019
• Market Size and Forecast of Germany, France, Italy, Spain, and the United Kingdom Power & Distribution Transformer Market Revenues, By Cooling System, until 2026
• Historical Data of Germany, France, Italy, Spain, and United Kingdom Power & Distribution Transformer Market Revenues, By Applications, for the period 2016-2019
• Market Size and Forecast of Germany, France, Italy, Spain, and United Kingdom Power & Distribution Transformer Market Revenues, By Applications, until 2026
• Europe Power & Distribution Transformer Market Drivers & Restraints
• Europe Power & Distribution Transformer Market Trends & Evolution
• Europe Power & Distribution Transformer Market Industry Life Cycle
• Europe Power & Distribution Transformer Market Opportunity Assessment
• Europe Power & Distribution Transformer Market Share, By Players
• Europe Power & Distribution Transformer Market Share, By Countries
• Europe Power & Distribution Transformer Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations 

Markets Covered

The Europe power & distribution transformer market report provides a detailed analysis of the following market segments:

By Types

• Power Transformer
• Distribution Transformer

By Rating

• Power Transformer
• 1 MVA – 50 MVA
• 50.1 MVA – 160 MVA
• 160.1 MVA – 350 MVA
• Above 350 MVA
• Distribution Transformer
• Up to 100 kVA
• 100.1 kVA – 315 kVA
• 315.1 kVA– 5 MVA

By Cooling System

• Dry Type
• Liquid Type
• By Applications
• Power Utilities
• Industrial

By Country

• Germany
• Italy
• Spain
• France
• United Kingdom
• Rest of Europe