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: ETC014258 | Publication Date: Oct 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Romania Transformer market currently, in 2023, has witnessed an HHI of 1027, Which has decreased slightly as compared to the HHI of 1547 in 2017. The market is moving towards highly 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.
Romania 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.
Romania Transformer Market has been growing steadily, and the market will attain major growth during the forecast period owing to the increased demand for energy and power from various sectors. The energy sector is one of the primary drivers of transformer demand in the country. Romania is a net exporter of electricity, and its energy consumption is expected to rise in the coming years, leading to an increase in the local transformer industry's growth.
According to 6Wresearch, Romania Transformer Market size is anticipated to grow at a CAGR of 3.6% during 2025-2031. The electricity market is powered by the growing need for electricity. As Romania expands its infrastructure to meet new demands, the country's energy demand in the commercial and industrial sectors is expected to rise. This will necessitate more transformer gear to be produced. The country's abundance of natural resources such as oil, gas, and coal feeds about half of the electricity production sector in the country. However, Romania is also investing in renewable energy, which is expected to account for an increase in demand for transformer gear. These drivers have been driving the Romania Transformer Market Growth.
Though Romania's transformer market is growing, there are challenges the sector is likely to face. Firstly, the need to modernize and replace outdated infrastructure that threatens the country's power sector is one significant issue. Additionally, the country must tackle the issue of high transmission and distribution losses in its energy distribution networks, which is currently one of the highest in all of Europe. Lastly, there are significant challenges in the market from rising competition from innovative technologies and price pressures, which is a concern for small and medium enterprises in the industry.
The Romania transformer market is dominated by foreign multinational corporations, with competition from local small and medium enterprises as well. Some of the global multinationals include TrafoStar, Siemens, ABB, and Schneider Electric. Local transformers produced by SMEs are utilized throughout the country, especially in rural areas, although the quality of these transformers is often lower, consumers often look for cheaper prices with the installations led by these companies. Regional governments and distribution companies have also initiated tenders for the procurement of transformer gear, which offers a promising opportunity for local SMEs.
Over the years, the Romanian government has implemented regulations that affect the electrical transformer market. The country has regulations in place to ensure environmental and safety standards are met within the industry. The government regulates the production and distribution of low-voltage switching equipment. These safety regulations are overseen by the Romanian Regulatory Authority for Energy and are closely monitored by EU standards.
According to Kapil, Senior Research Analyst, at 6Wresearch, power transformers are dominating the market due to emerging renewable energy projects and the modernization of power transmission and distribution networks. Distribution transformers, instrument transformers, and speciality transformers are also growing segments, mainly due to the increasing need for rural electrification, distributed energy resources, and electric vehicles.
The two-winding segment is the largest in the Romania transformer market, accounting for a significant share of the market. The two-winding transformer is used in a wide range of applications, including power plants, transmission, and distribution networks, and industrial sectors.
The report provides a detailed analysis of the following market segments:
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 Romaniaia Transformer Market Overview |
3.1 Romania Country Macro Economic Indicators |
3.2 Romaniaia Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 Romaniaia Transformer Market - Industry Life Cycle |
3.4 Romaniaia Transformer Market - Porter's Five Forces |
3.5 Romaniaia Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F |
3.6 Romaniaia Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Romaniaia Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F |
3.8 Romaniaia Transformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Romaniaia Transformer Market Revenues & Volume Share, By Cooling, 2021 & 2031F |
3.10 Romaniaia Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F |
3.11 Romaniaia Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
4 Romaniaia Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Romaniaia Transformer Market Trends |
6 Romaniaia Transformer Market, By Types |
6.1 Romaniaia Transformer Market, By Core |
6.1.1 Overview and Analysis |
6.1.2 Romaniaia Transformer Market Revenues & Volume, By Core, 2021 - 2031F |
6.1.3 Romaniaia Transformer Market Revenues & Volume, By Closed, 2021 - 2031F |
6.1.4 Romaniaia Transformer Market Revenues & Volume, By Shell, 2021 - 2031F |
6.1.5 Romaniaia Transformer Market Revenues & Volume, By Berry, 2021 - 2031F |
6.2 Romaniaia Transformer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Romaniaia Transformer Market Revenues & Volume, By Power transformer, 2021 - 2031F |
6.2.3 Romaniaia Transformer Market Revenues & Volume, By Distribution transformer, 2021 - 2031F |
6.2.4 Romaniaia Transformer Market Revenues & Volume, By Instrument transformer, 2021 - 2031F |
6.2.5 Romaniaia Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Romaniaia Transformer Market, By Winding |
6.3.1 Overview and Analysis |
6.3.2 Romaniaia Transformer Market Revenues & Volume, By Two-winding, 2021 - 2031F |
6.3.3 Romaniaia Transformer Market Revenues & Volume, By Auto-transformer, 2021 - 2031F |
6.4 Romaniaia Transformer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Romaniaia Transformer Market Revenues & Volume, By Residential & Commercial, 2021 - 2031F |
6.4.3 Romaniaia Transformer Market Revenues & Volume, By Utility, 2021 - 2031F |
6.4.4 Romaniaia Transformer Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5 Romaniaia Transformer Market, By Cooling |
6.5.1 Overview and Analysis |
6.5.2 Romaniaia Transformer Market Revenues & Volume, By Dry type, 2021 - 2031F |
6.5.3 Romaniaia Transformer Market Revenues & Volume, By Oil Immersed, 2021 - 2031F |
6.6 Romaniaia Transformer Market, By Insulation |
6.6.1 Overview and Analysis |
6.6.2 Romaniaia Transformer Market Revenues & Volume, By Gas, 2021 - 2031F |
6.6.3 Romaniaia Transformer Market Revenues & Volume, By Oil, 2021 - 2031F |
6.6.4 Romaniaia Transformer Market Revenues & Volume, By Solid, 2021 - 2031F |
6.6.5 Romaniaia Transformer Market Revenues & Volume, By Air, 2021 - 2031F |
6.6.6 Romaniaia Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.7 Romaniaia Transformer Market, By Phase |
6.7.1 Overview and Analysis |
6.7.2 Romaniaia Transformer Market Revenues & Volume, By Single phase, 2021 - 2031F |
6.7.3 Romaniaia Transformer Market Revenues & Volume, By 3 - phase, 2021 - 2031F |
6.8 Romaniaia Transformer Market, By Rating |
6.8.1 Overview and Analysis |
6.8.2 Romaniaia Transformer Market Revenues & Volume, By ? 10 MVA, 2021 - 2031F |
6.8.3 Romaniaia Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2021 - 2031F |
6.8.4 Romaniaia Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
6.8.5 Romaniaia Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
7 Romaniaia Transformer Market Import-Export Trade Statistics |
7.1 Romaniaia Transformer Market Export to Major Countries |
7.2 Romaniaia Transformer Market Imports from Major Countries |
8 Romaniaia Transformer Market Key Performance Indicators |
9 Romaniaia Transformer Market - Opportunity Assessment |
9.1 Romaniaia Transformer Market Opportunity Assessment, By Core, 2021 & 2031F |
9.2 Romaniaia Transformer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Romaniaia Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F |
9.4 Romaniaia Transformer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Romaniaia Transformer Market Opportunity Assessment, By Cooling, 2021 & 2031F |
9.6 Romaniaia Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F |
9.7 Romaniaia Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.7 Romaniaia Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F |
10 Romaniaia Transformer Market - Competitive Landscape |
10.1 Romaniaia Transformer Market Revenue Share, By Companies, 2024 |
10.2 Romaniaia Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |