Closed Core Power Transformer Market Players:
- Siemens Energy
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Schneider Electric
- ABB Ltd
- Bharat Heavy Electricals Limited (BHEL)
- Hyosung Heavy Industries
- Hyundai Electric & Energy Systems Co., Ltd.
- JSHP Transformer
- CG Power & Industrial Solutions Ltd.
- Celme S.r.l.
- General Electric Company
- Hitachi Energy Ltd.
Key players in the closed core power transformer market are employing strategies such as new product launches, technological advancements, strategic collaborations, and regional expansions to earn high profits. Companies are investing in advanced materials and technologies to develop innovative and space-saving transformers. They are also forming strategic alliances with other players to expand their research and development leading to improved product offerings and market reach.
Some of the key players include:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of closed core power transformer is evaluated at USD 17.12 billion.
The global closed core power transformer market size exceeded USD 16.45 billion in 2025 and is set to register a CAGR of around 4.5%, exceeding USD 25.55 billion revenue by 2035.
Asia Pacific closed core power transformer market will account for 50.80% share by 2035, driven by renewable energy investment and industrial expansion.
Key players in the market include Siemens Energy AG, General Electric Company, ABB Ltd., Schneider Electric SE, Hitachi Energy Ltd., Toshiba Energy Systems & Solutions Corporation, Mitsubishi Electric Corporation, Eaton Corporation plc, Hyosung Heavy Industries, Crompton Greaves Limited (CG Power).
