According to the latest market research report “Transformer Cores Industry Market Growth, Trends, Size, Share, Players, Product Scope, Regional Demand, COVID-19 Impacts and 2026 Forecast” released by Global Market Monitor, the global Transformer Cores market will reach $6 billion in 2020 and is expected to reach $8.1 billion by 2026.
A transformer core is typically made of a high perm material with little or no gap. Energy is transferred constantly from an AC source through the coupling of the lines of flux between the winding on the primary and the winding on the secondary. An ideal transformer provides minimum core losses and maximum power transfer, at a low cost in the least amount of space. Core materials for transformers are typically ferrites, strip wound products and, less commonly, powder cores.
Increasing global demand for electricity production, as well as increased integration of electricity produced by renewable energy sources, are driving market growth. In addition, the increase in government investment in renewable energy projects and the rapid development of industrialization and urbanization have greatly increased the transformer core market.
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The Major Players Profiled in This Report Include:
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
Steel Laminated Cores
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Power industry transformer
Consumer electronics transformer
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The Asia-Pacific region provides substantial profit margins for investment in this market. Due to the increase in the number of power projects, the Asia-Pacific region is expected to provide an opportunity market for new entrants. In addition, the rapid industrialization, urbanization, and the integration of renewable energy and power generation in emerging economies, as well as the increasing infrastructure development, are the key factors that cause this situation.
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Transformer Cores Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Transformer Cores Market by Types
Chapter 4 Segmentation of Transformer Cores Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Transformer Cores Market in Major Countries
Chapter 7 North America Transformer Cores Landscape Analysis
Chapter 8 Europe Transformer Cores Landscape Analysis
Chapter 9 Asia Pacific Transformer Cores Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Transformer Cores Landscape Analysis
Chapter 11 Major Players Profile
11.1.1 ABB Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2.1 SIEMENS Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3.1 Alstom Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Transformer Cores Report Provide:
Potential opportunities and challenges analysis in Transformer Cores market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Transformer Cores market and related industry.
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