Market Forecast By Core (Closed, Shell, Berry), By Product (Power transformer, Distribution transformer, Instrument transformer, Others), By Winding (Two-winding, Auto-transformer), By Application (Residential & Commercial, Utility, Industrial), By Cooling (Dry-type, Oil Immersed), By Phase (Single phase, 3 - phase), By Rating (10 MVA, 11 MVA to 60 MVA, 61 MVA to 600 MVA, > 600 MVA) And Competitive Landscape
Product Code: ETC014288 | Publication Date: Dec 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Africa Transformer market currently, in 2023, has witnessed an HHI of 1673, Which has decreased slightly as compared to the HHI of 1829 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
South Africa Transformer Market report thoroughly covers market by Core, Product, Winding, application, Cooling, Rating and Phase. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
South Africa Transformer Market has been growing exponentially and is expected to project substantial growth during the upcoming years owing to the rising construction sector. An upsurging population backed by rising demand for electricity is driving the South Africa Transformer Market Growth. Moreover, increasing urbanization and the rising need for the replacement of existing power grid technology is driving the share of this market.
According to 6Wresearch, South Africa Transformer Market size is projected to register a CAGR of 7.4% during 2025-2031. One of the primary drivers of the South Africa transformer market is the increasing demand for electricity. With a population of over 58 million people and a growing economy, South Africa is in constant need of more energy. Transformers play a critical role in transmitting electricity from power plants to homes, businesses, and industries. Hence, as the demand for energy increases, the demand for transformers also rises. Another driver of the transformer market is technology. Advancements in technology have led to the development of more efficient and reliable transformers. These transformers not only provide better energy transmission but also reduce energy losses and carbon emissions. The adoption of smart grid technology has further boosted the transformer market as it enables real-time monitoring and control of power networks.
Despite the growth prospects, the transformer market in South Africa faces some challenges. Firstly, the lack of skilled labor and infrastructure hinders the growth of the market. It makes it difficult to deploy transformers in remote areas, causing inadequate power supply to some parts of the country. Additionally, economic downturns have also affected the transformer market, reducing investments and delaying projects. Another significant challenge of the transformer market is counterfeit products. Counterfeit transformers flood the market, competing with genuine products and jeopardizing consumers' safety. These low-quality transformers may cause electrocution, fires, or explosions, posing significant risks to public safety.
Several companies operate in the South Africa transformer market, with some of the key players being Transformers and Electricals(Pty) Ltd, Powertech Transformers (Pty) Ltd, Voltex Group, and Siemens AG. Each of these manufacturers brings unique products and services to the market, contributing to the growth and development of the transformer market. These key players play a huge role in stimulating the South Africa Transformer Market Growth.
The South African government aims to promote a sustainable and reliable energy supply by developing appropriate policies and regulations. The National Energy Regulator of South Africa (NERSA) has established guidelines for the production, installation, and maintenance of transformers. The regulations aim to ensure that the transformers are safe, reliable, and of high quality. This market is one of the biggest parts of the Africa Transformer Market which helps it to attain major growth.
According to Parth, Senior Research Manager, 6Wresearch, the distribution transformer segment accounted for a significant share owing to the rising development in the construction sector and increasing industrialization.
The South Africa transformer market, based on its application is segmented into residential and commercial, utility, and industrial. Among all these segments, the industrial segment dominates the market, accounting for the majority of its revenue. This is because the industrial sector requires heavy-duty transformers for power-intensive operations.
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Core
By Product
By Winding
By Application
By Cooling
By Phase
By Rating
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Africa Transformer Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 South Africa Transformer Market - Industry Life Cycle |
3.4 South Africa Transformer Market - Porter's Five Forces |
3.5 South Africa Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F |
3.6 South Africa Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 South Africa Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F |
3.8 South Africa Transformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 South Africa Transformer Market Revenues & Volume Share, By Cooling, 2021 & 2031F |
3.10 South Africa Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F |
3.11 South Africa Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
4 South Africa Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Transformer Market Trends |
6 South Africa Transformer Market, By Types |
6.1 South Africa Transformer Market, By Core |
6.1.1 Overview and Analysis |
6.1.2 South Africa Transformer Market Revenues & Volume, By Core, 2021 - 2031F |
6.1.3 South Africa Transformer Market Revenues & Volume, By Closed, 2021 - 2031F |
6.1.4 South Africa Transformer Market Revenues & Volume, By Shell, 2021 - 2031F |
6.1.5 South Africa Transformer Market Revenues & Volume, By Berry, 2021 - 2031F |
6.2 South Africa Transformer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 South Africa Transformer Market Revenues & Volume, By Power transformer, 2021 - 2031F |
6.2.3 South Africa Transformer Market Revenues & Volume, By Distribution transformer, 2021 - 2031F |
6.2.4 South Africa Transformer Market Revenues & Volume, By Instrument transformer, 2021 - 2031F |
6.2.5 South Africa Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 South Africa Transformer Market, By Winding |
6.3.1 Overview and Analysis |
6.3.2 South Africa Transformer Market Revenues & Volume, By Two-winding, 2021 - 2031F |
6.3.3 South Africa Transformer Market Revenues & Volume, By Auto-transformer, 2021 - 2031F |
6.4 South Africa Transformer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 South Africa Transformer Market Revenues & Volume, By Residential & Commercial, 2021 - 2031F |
6.4.3 South Africa Transformer Market Revenues & Volume, By Utility, 2021 - 2031F |
6.4.4 South Africa Transformer Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5 South Africa Transformer Market, By Cooling |
6.5.1 Overview and Analysis |
6.5.2 South Africa Transformer Market Revenues & Volume, By Dry type, 2021 - 2031F |
6.5.3 South Africa Transformer Market Revenues & Volume, By Oil Immersed, 2021 - 2031F |
6.6 South Africa Transformer Market, By Insulation |
6.6.1 Overview and Analysis |
6.6.2 South Africa Transformer Market Revenues & Volume, By Gas, 2021 - 2031F |
6.6.3 South Africa Transformer Market Revenues & Volume, By Oil, 2021 - 2031F |
6.6.4 South Africa Transformer Market Revenues & Volume, By Solid, 2021 - 2031F |
6.6.5 South Africa Transformer Market Revenues & Volume, By Air, 2021 - 2031F |
6.6.6 South Africa Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.7 South Africa Transformer Market, By Phase |
6.7.1 Overview and Analysis |
6.7.2 South Africa Transformer Market Revenues & Volume, By Single phase, 2021 - 2031F |
6.7.3 South Africa Transformer Market Revenues & Volume, By 3 - phase, 2021 - 2031F |
6.8 South Africa Transformer Market, By Rating |
6.8.1 Overview and Analysis |
6.8.2 South Africa Transformer Market Revenues & Volume, By ? 10 MVA, 2021 - 2031F |
6.8.3 South Africa Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2021 - 2031F |
6.8.4 South Africa Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
6.8.5 South Africa Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
7 South Africa Transformer Market Import-Export Trade Statistics |
7.1 South Africa Transformer Market Export to Major Countries |
7.2 South Africa Transformer Market Imports from Major Countries |
8 South Africa Transformer Market Key Performance Indicators |
9 South Africa Transformer Market - Opportunity Assessment |
9.1 South Africa Transformer Market Opportunity Assessment, By Core, 2021 & 2031F |
9.2 South Africa Transformer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 South Africa Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F |
9.4 South Africa Transformer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 South Africa Transformer Market Opportunity Assessment, By Cooling, 2021 & 2031F |
9.6 South Africa Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F |
9.7 South Africa Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.7 South Africa Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F |
10 South Africa Transformer Market - Competitive Landscape |
10.1 South Africa Transformer Market Revenue Share, By Companies, 2024 |
10.2 South Africa Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Market Forecast By Core (Closed, Shell, Berry), By Product (Power transformer, Distribution transformer, Instrument transformer, Others), By Winding (Two-winding, Auto-transformer), By Application (Residential & Commercial, Utility, Industrial), By Cooling (Dry-type, Oil Immersed), By Phase (Single phase, 3 - phase), By Rating (10 MVA, 11 MVA to 60 MVA, 61 MVA to 600 MVA, > 600 MVA) And Competitive Landscape
Product Code: ETC014288 | Publication Date: Oct 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
South Africa Transformer Market is projected to grow over the coming years. South Africa Transformer Market report is a part of our periodical regional publication Africa Transformer Market outlook report. 6W tracks transformer market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Transformer Market outlook report annually.
South Africa Transformer Market report thoroughly covers market by Core, Product, Winding, application, Cooling, Rating and Phase. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
South Africa Transformer Market Synopsis
South Africa Transformer Market is expected to project substantial growth during the upcoming years owing to the rising construction sector. Upsurging population backed by rising demand for electricity is driving the South Africa Transformer Market Growth. Moreover, increasing urbanization and rising need for replacement of existing power grid technology is driving the South Africa Transformer Market Share.
According to 6Wresearch, South Africa Transformer Market size is projected to register growth during 2020-2026. The growth of Transformer market in South Africa is driven by the factors such as growing focus of consumers towards smart monitoring units and sustainable electricity. Moreover, stringent government policies towards rural electrification in order to minimize the power theft is driving the South Africa Transformer Market Revenue. However, the outburst of COVID-19 pandemic has disrupted the growth of the market owing to nationwide lockdown hampering the on-going projects. The upcoming development projects were also delayed that further led to the negative growth of the market.
Market Analysis by Product
On the basis of product, the distribution transformer segment accounted the significant share owing to the rising development in construction sector and increasing industrialization.
Key Attractiveness of the Report
Key Highlights of the Report:
Market Scope and Segmentation
The report provides a detailed analysis of the following Market segments: