"Actionable Insights to Fuel Your Growth"
The rapid development in every corner of the world in various fields is only possible through the invention of electricity. Today, electricity is playing a vital role in the development of economies. While the generation of electricity consumes millions of tons of fossil fuel which causing environmental degradation. The significant portion of electricity is lost in transmission and distribution of electricity due to the inefficient transformer.
Amorphous core transformer has been employed to save a substantial portion of the electricity generated from fossil. The magnetic core of the amorphous core transformer is made of monocrystalline amorphous metal instead of traditional grain-oriented silicon steel. Absence of crystallization structure enables easy magnetization and combined with low thickness and high electricity resistivity which helps to reduce greatly no-load losses.
To gain extensive insights into the market, Request for Customization
By utilizing the amorphous core transformer, it is possible to achieve higher transformer efficiency due to improved magnetic properties and the physical dimension of the material. Amorphous core transformers are an energy-efficient transformer. If conventional transformers are replaced by amorphous core transformer, a considerable amount of energy will be saved.
The amorphous core transformer market is segmented on the basis of the type and application. There are two types of transformer, i.e. Dry and Oil-immersed transformer. Dry transformer never uses any insulating liquid where oil-immersed transformer uses insulating liquid with its core immersed in it.
Dry-type of transformer is majorly used due to its various advantages and long-lasting property. Amorphous core transformer is used in multiple industries and utility is expected to share a significant portion of the market.
Amorphous metal allows a significant reduction in no-load losses as compared to the traditional transformer and delivers high efficiency. Furthermore, reduced operating temperature, reduced energy consumption resulting in reduced CO2 production will contribute to sustainable developments in energy distribution, which expected to accelerate the growth of the amorphous core transformer market.
Amorphous core transformers are not able to withstand with load fluctuation which might happen in most of the electric grid utility and they are too bulky in size and weight that would obstruct the growth of the amorphous metal transformer. Besides this its high failure rate, impossible to repair the core, and ability to stand with short-circuit is low, which hamper its growth.
The key players in the amorphous core transformer market are ABB, Siemens, Hitachi, Vijai Electricals Limited, CG Power and Industrial Solutions Limited, Howard Industries, Kotsons, ABC Transformers, Rhino Electric Co., Ltd., Baoding Tianwei Group Tebian Electric Co., Ltd., Prolec GE, Jiangsu Yangdong Electric Co, and Power Star.
· Dry-Type Transformer
· Oil Immersed Transformer
· Commercial & Residential Buildings
· North America (the USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
The amorphous core transformer market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The United States has agreed to expand the production of amorphous core transformer for efficient transmission & distribution of electricity. The per capita consumption of electricity in the US is the highest in the world. Government and utility companies are taking the initiative to introduce energy-efficient transformer that would accelerate the growth of the amorphous core transformer market in North America. The European market for the amorphous transformer is in the beginning phase. Spanish utility company ENDESA has started to purchase amorphous transformer from outside Europe and is promoting this technology to local manufacturers. The Asia Pacific has the highest potential market for amorphous core transformer driven by major installation in China and India. Both the government are heavily investing in this technology to reduce transmission and distribution. The major electrification projects rolling out in India and China is immensely investing in energy-efficient technology is leading the growth of the amorphous core transformer market in the Asia Pacific.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry