Renewable Energy Transformer Market - Top Companies and Manufacturers

Companies Dominating the Global Renewable Energy Transformer Landscape

Eaton Corporation Plc
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Hitachi ABB Power Grids
CG Power and Industrial Solutions Ltd.
DAIHEN Corp.
Schneider Electric SE
Siemens AG
STC Inc.
Bharat Heavy Electricals Ltd.
ENERCON GmbH
General Electric Company

Browse Key Market Insights with Data Illustration:

Renewable Energy Transformer Market Share Report - 2037

In the News

Hitachi ABB Power Grids have launched a transformer for floating offshore wind energy, which operates by enabling the new generation of floating and turbines and substations. The aim of this product is to overcome large volume of wind to support the energy transition for a sustainable future.
Siemens Energy was awarded a contract to set up 22 distribution transformers at China's first industrial 66 kV offshore wind farm, Yuhuan Offshore Wind Power Project Phase 1, near Taizhou, Zhejiang Province.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of renewable energy transformer is evaluated at USD 27.3 billion.

The renewable energy transformer market size was valued at USD 25.28 billion in 2024 and is set to exceed USD 47.08 billion by 2037, expanding at over 4.9% CAGR during the forecast period i.e., between 2025-2037. The rising demand for electric grids on account of increase in industrialization and urbanization will drive the market growth.

Asia Pacific industry is likely to dominate majority revenue share by 2037, owing to rising number of electricity production plants and transmission facilities in the region.

The major players in the market are Eaton Corporation Plc, Hitachi ABB Power Grids, CG Power and Industrial Solutions Ltd., DAIHEN Corp., Schneider Electric SE, Siemens AG, STC Inc., Bharat Heavy Electricals Ltd., ENERCON GmbH, General Electric Company

Renewable Energy Transformer Market - Top Companies and Manufacturers

Companies Dominating the Global Renewable Energy Transformer Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the renewable energy transformer market?

What are the factors driving the renewable energy transformer landscape?

Which region held the largest renewable energy transformer industry share?

Who are the key players in the renewable energy transformer sector?