Pad Mounted Transformers Market Analysis By Insulation Type, Size, Share, Trend, Competition, Future Growth 2024

The global pad mounted transformer market is projected to grow at a significant CAGR during the forecast period. The key factor responsible for the growth of global pad mounted transformers market includes large investments by the governing bodies as well as private sectors for the expansion and upgradation of global power distribution networks. Moreover, developments in process management is further anticipated to boost the growth of pad mounted transformers across the globe over the coming years. Additionally, ongoing innovations related to machinery are also positively influencing the market growth. Growing investment in research and development activities are further forecast to spur the growth of global pad mounted transformers market through 2024.

Based on phase, the global pad mounted transformers market is bifurcated into single phase and three phase. Out of which, the three phase pad mounted transformer is anticipated to register highest CAGR during the forecast period. The growth of this segment can be attributed to increasing use of power consuming appliances in the residential sector which requires high capacity pad mounted transformers. Additionally, in most of the developing countries, utility power is supplied in three phase, therefore these transformers are more suitable in such situations when compared to single phase pad mounted transformers.   

Major players operating in the pad mounted transformers market include ABB Ltd., Eaton Corporation PLC., General Electric, Siemens AG., Crompton Greaves, Federal Pacific, Hitachi, Moloney Electric, Inc., Pacific Crest Transformers, Inc., Pearl Electric Co. Ltd. and others. The companies are launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions to expand their geographic reach.

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Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyse and forecast the market size of global pad mounted transformers market.
  • To classify and forecast global pad mounted transformers market based on insulation type, phase, rated power, end-user, company and regional distribution.
  • To identify drivers and challenges for global pad mounted transformers market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global pad mounted transformers market.
  • To conduct pricing analysis for global pad mounted transformers market.
  • To identify and analyse the profile of leading players operating in global pad mounted transformers market.


TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the new products, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global pad mounted transformers market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

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Key Target Audience:

  • Pad mounted transformers manufacturers, suppliers, distributors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to pad mounted transformers  
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, the global pad mounted transformers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Insulation Type:
    • Dry-Type Pad mounted Transformers
    • Liquid-Immersed Pad mounted Transformers
  • Market, By Phase:
    • Single Phase
    • Three Phase
  • Market, By Rated Power:
    • Power <1 MVA
    • Power >1 MVA
  • Market, By End-User:

o   Residential

o   Commercial

o   Industrial

  • Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • UAE
      • Saudi Arabia
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global pad mounted transformers market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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