Australia Transformer Market (2024-2030) | Size, Analysis, Companies, Growth, Revenue, Share, Outlook, Industry, Forecast, Value & Trends

Topics Covered in Australia Transformer Market Report

Australia Transformer Market report thoroughly covers the market by Core, Product, Winding, application, Cooling, Rating and Phase. The market report provides an unbiased and detailed analysis of the ongoing 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.

Australia Transformer Market Synopsis

Australia Transformer Market is expected to attain growth during the forthcoming years owing to surging investment to improve the existing power grid infrastructure. Growing industrialization coupled with increasing demand for electricity beholds the Australian transformer Market Growth. Additionally, increasing government to develop clean and green power supply is driving the development of the market. 

According to 6Wresearch, Australia Transformer Market size is likely to grow at a CAGR of 5.8% during 2024-2030. The Australian transformer market is mainly driven by the increasing demand for energy due to the growth in industrialization and urbanization in the country. There is a growing need for more transformers to improve the power transmission and distribution network, ensuring the supply of electricity to both residential and industrial areas. Additionally, the government's initiatives to increase the production of renewable energy, such as solar and wind energy, have contributed to the growth of the transformer market in Australia.

of the major challenges facing the Australia Transformer market is the cost of production. The high cost of raw materials, such as copper and steel, used in the manufacturing of transformers, has led to an increase in transformer prices. Additionally, the lack of skilled labor in the production of transformers is a significant challenge to the industry. Moreover, the need to invest in new technologies and equipment to improve the efficiency and effectiveness of transformers is another challenge facing the Australia Transformer market.

Australia Transformer Industry: Key Players

The Australian transformer market has several key players, including ABB Ltd., Siemens AG, General Electric Corporation, Toshiba Corporation, and Mitsubishi Electric Corporation. These key players dominate the market, accounting for a significant market share. They offer a range of products such as power transformers, distribution transformers, and instrument transformers.

Transformer Market in Australia: Government Initiatives

The Australian government has established several regulations to ensure safety in the transformer market. For example, transformers must comply with the Australian Energy Market Commission's (AEMC) National Electricity Rules (NER). The NER outlines the technical requirements for transformers, such as insulation, cooling, and load tap changers. Additionally, the NER mandates the protection and control systems of transformers to ensure safe operation. Furthermore, the Australian government imposes quality and safety standards on transformer products. This includes complying with the International Electrotechnical Committee (IEC), which sets international standards for electrical equipment. The transformer has to meet IEC standards to be certified as safe for use in Australia. The government also demands compliance with the Australian Standard AS/NZS 60076. This standard specifies the requirements for transformers, including specifications for insulation, material, testing, and rating.

Market Segmentation by Product

According to Shubham Deep, Senior Research Analyst, 6Wresearch, the growth of the power transformer segment is expected to remain dominant, whereas the instrument transformer segment is projected to have faster growth.

Market Segmentation by Winding

The two-winding transformer continues to dominate the market, the auto-transformer is slowly gaining popularity due to its energy efficiency and cost-saving advantages.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report: 

• Australia Transformer Market Outlook
• Market Size of Australia Transformer Market, 2023
• Forecast of Australia Transformer Market, 2030
• Historical Data and Forecast of Australia Transformer Revenues & Volume for the Period 2020 - 2030
• Australia Transformer Market Trend Evolution
• Australia Transformer Market Drivers and Challenges
• Australia Transformer Price Trends
• Australia Transformer Porter's Five Forces
• Australia Transformer Industry Life Cycle
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Core for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Closed for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Shell for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Berry for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Product for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Power transformer for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Distribution transformer for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Instrument transformer for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Winding for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Two-winding for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Auto-transformer for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Residential & Commercial for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Utility for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Industrial for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Cooling for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Dry type for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Oil Immersed for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Insulation for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Gas for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Oil for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Solid for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Air for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Phase for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Single phase for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By 3 - phase for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By Rating for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By ? 10 MVA for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By 11 MVA to 60 MVA for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By 61 MVA to 600 MVA for the Period 2020 - 2030
• Historical Data and Forecast of Australia Transformer Market Revenues & Volume By > 600 MVA for the Period 2020 - 2030
• Australia Transformer Import Export Trade Statistics
• Market Opportunity Assessment By Core
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Winding
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Cooling
• Market Opportunity Assessment By Insulation
• Market Opportunity Assessment By Phase
• Market Opportunity Assessment By Rating
• Australia Transformer Top Companies Market Share
• Australia Transformer Competitive Benchmarking By Technical and Operational Parameters
• Australia Transformer Company Profiles
• Australia Transformer Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

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

Australia Transformer Market (2024-2030): FAQs