Europe Transformer Market (2020-2026) | Size, Companies, Share, Revenue, Value, Outlook, Forecast, Growth, COVID-19 IMPACT, Industry, Analysis & Trends

The rise in the popularity of green energy and the growing demand for distribution transformers are the major factors driving the European Transformer Market. Moreover, a surge in demand for energy coupled with growing government investment to ensure a continuous supply of electricity would fuel the demand for the transformers market over the forthcoming years.

According to 6Wresearch, the Europe Transformer Market size is expected to grow during 2020-2026. Germany is the leading revenue-generating country in the Europe transformer market owing to the growing government investment for the deployment of distribution transformers in the country. Also, the rise in the green energy projects in the country coupled with the government plans to convert Germany into an affordable energy supplier during the next five years would lead to further growth in demand for transformers in the country over the forecast period.

Based on cooling, the market is segmented into oil-cooled and air-cooled transformers. The oil-cooled transformer market has registered high growth over the past years owing to the expansion of cross-border distribution projects and high government investments. The largescale investments toward the development of manufacturing facilities along with a positive consumer outlook toward manufactured products would further lead to the growth of the market over the forecast period. The European government is immensely promoting investments by transmission and distribution for rising access to continuous and reliable power supply all over Europe

The Europe transformer market report thoroughly covers the market by cooling, power ratings, applications, and key countries including the United Kingdom, France, Germany, Italy, and the Rest of Europe. Europe transformer market outlook provides an unbiased and detailed analysis of the on-going Europe transformer 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.

The Europe transformer market is expected to register significant growth in the coming years on the back of the rising need for power transmission and distribution which is instigating the expansion of the same and is anticipated to instigate significant demand numbers for power and distribution transformers across the region in the foreseeable future. Additionally, the rising number of power distribution projects to boost the development of power and distribution transmission systems along with efforts to bring in advancements in the distribution and power electric transformers is expected to augment the potential growth of the Europe transformer market in the coming timeframe.

Europe's transformer market is estimated to gain traction in the upcoming six years on the back of the rising power utility sector. Increased government initiative by investing in renewable power generation processes due to where they require transformers in order to supply substantial energy and ensure better environmental conditions that help to achieve a positive market portion in the country. Further, the rising deployment of smart transformers in the market backed by powering batteries for multiple electric vehicles, as a result, is estimated to Strengthening Europe transformers market in the upcoming six years.

Europe transformer market is estimated to secure tremendous growth in the coming years on the back of the rising expansion of industrialization and the commercial sector is also poised to gain traction. Further, Germany transformer market is expected to mark its presence in the market underpinned by the government measures remain to continue to make electricity 100% renewable, this has led to upgrading the existing power grid system and the establishment of new power stations which is estimated to accelerate the use of transformers and as a result is expected to pioneer the growth of the Europe transformers market in the forthcoming years.

Key Highlights of the Report:

• Europe Transformer Market Overview
• Europe Transformer Market Outlook
• Europe Transformer Market Forecast
• Historical Data of Europe Transformer Market Revenues and Volume for the Period 2016-2019
• Europe Transformer Market Size and Europe Transformer Market Forecast of Revenues and Volume, Until 2026
• Historical Data of Europe Transformer Market Revenues and Volume, By Cooling, for the Period 2016-2019
• Market Size & Forecast of Europe Transformer Market Revenues and Volume, By Cooling, until 2026
• Historical Data of Europe Transformer Market Revenues and Volume, By Power Ratings, for the Period 2016-2019
• Market Size & Forecast of Europe Transformer Market Revenues and Volume, By Power Ratings, until 2026
• Historical Data of Europe Transformer Market Revenues and Volume, By Applications, for the Period 2016-2019
• Market Size & Forecast of Europe Transformer Market Revenues and Volume, By Applications, until 2026
• Historical Data of France Transformer Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of France Transformer Market Revenues and Volume, until 2026
• Historical Data of Germany Transformer Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Germany Transformer Market Revenues and Volume, until 2026
• Historical Data of United Kingdom Transformer Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of United Kingdom Transformer Market Revenues and Volume, until 2026
• Historical Data of Italy Transformer Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Italy Transformer Market Revenues and Volume, until 2026
• Historical Data of Rest of Europe Transformer Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Rest of Europe Transformer Market Revenues and Volume, until 2026
• Market Drivers and Restraints
• Europe Transformer Market Trends and Industry Life Cycle
• Europe Transformer Market Revenue Share, By Regions
• Europe Transformer Market Revenue Share, By Players
• Europe Transformer Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

 Markets Covered

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

• By Cooling
  • Oil-Cooled
  • Air-Cooled
• By Power Ratings
  • Small Power Transformer
  • Medium Power Transformer
  • Large Power Transformer
• By Applications
  • Smart Grid
  • Smart Transformer
  • Green Energy
  • Power infrastructure
• By Key Countries:
  • Germany
  • France
  • Italy
  • United Kingdom
  • Rest of Europe

 Other key Reports available

• Germany Transformer Market Report
• France Transformer Market Report
• Italy Transformer Market Report
• United Kingdom Transformer Market Report

Frequently Asked Questions About the Market Study (FAQs):