A control transformer is an isolation transformer that provides good voltage regulation, and is also designed to provide a high degree of secondary voltage stability (regulation) during a brief period of overload condition (also referred to as “inrush current”). Control transformers are also known as Machine Tool Transformers, Industrial Control Transformers or Control Power Transformers.
The three-phase segment dominated the market owing to better efficiency in industrial applications. Three-phase industrial compressors are used to drive a variety of general machinery such as compressors, pumps, crushers, cutting machine tools, and other mechanical equipment in petroleum, chemical, power plants, and other industrial and mining industries.
The metal & mining segment dominated the industrial control transformer market owing to increased expansion in industrialization, construction, and infrastructure activities.
Asia Pacific dominated the market. The market in Asia Pacific is expected to hold the largest share of the global market till 2023. Need to reduce equipment failure caused by frequent voltage spikes are driving the market in Asia Pacific.
The Industrial Control Transformer market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Industrial Control Transformer.
This report presents the worldwide Industrial Control Transformer market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Electric Hammond Power Solutions (HPS)
Industrial Control Transformer Breakdown Data by Type
Industrial Control Transformer Breakdown Data by Application
Oil & Gas
Metal & Mining
Industrial Control Transformer Production by Region
Industrial Control Transformer Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Industrial Control Transformer status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Industrial Control Transformer manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Industrial Control Transformer :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Industrial Control Transformer market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.