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Transformers are used to increase or decrease voltages and currents in an electrical circuit. Industrial control transformers supply machine tool control equipment with step-down voltages. A control transformer, (also known as an industrial control transformer, or a control power transformer, or even a machine tool transformer), is essentially an isolation transformer that provides excellent voltage regulation.
It also offers excellent voltage regulation and intended during a short period of overload condition to provide a high degree of secondary voltage stabilization. Specially designed for industrial applications requiring relays, solenoids and other electromagnetic devices. In general, industrial control transformers are tailored, which may vary in characteristics depending on the end-user requirement. These transformers, for example, can be intended to meet the sound levels of NEMA ST-20.
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The industrial control transformer market will be driven by the need to decrease equipment failure induced by frequent voltage spikes and increase the application of industrial control transformers across sectors. Growing energy generation objectives, adopting disruptive technologies, increasing clean coal, and share of renewable energy resources offer enormous possibilities for utility suppliers to incorporate all these aspects while supplying end-users with reliable power supplies.
The Industrial control transformers market is categorized by phase, power rating & end-users. Due to improved effectiveness in industrial apps, the three-phase segment dominated the market. Three-phase industrial transformers are used to drive a range of general machineries such as compressors, pumps, crushers, cutting machine tools, and other mechanical equipment in the oil, chemical, power plants, and other industrial and mining sectors.
The section above 1,500 VA dominated the transformer industrial power industry. A significant amount of installations in heavy industries like oil & gas, metal & mining, and energy generation drive this section. Due to enhanced growth in industrialization, manufacturing, and infrastructure operations, the metal & mining section dominated the industrial control transformer market.
The industrial control transformer market is driven by its broad applicability in the distribution of electricity. The enhanced power generation capacity globally, reduced machinery failure due to frequent voltage peaks and increasing use of industrial transformer control across main sectors are driving the market across the world.
However, the main obstacle to the development of the industrial power transformer market is the steady growth of the oil & gas sector and a slowdown in the mining sector in Asia-Pacific, South America, and Africa. The major challenges include growing grey market, which provides low quality and inexpensive products.
Some of the major companies that are present in industrial control transformers market are MCI Transformers, Broadman Transformers, Rockwell Automation, Hubbell, Eaton, ABB, Siemens AG, Schneider Electric, Emerson Electric Co., Electric Hammond Power Solutions, Dongan Electric Manufacturing Co., SNC Manufacturing Co., Ltd, Foster Transformer Company, Toshiba, Kotsons Pvt., Ltd, and Crompton Graves Ltd.
By Power Rating
· 25-500 VA
· 500-1000 VA
· 1000-1500 VA
· >1500 VA
· Power Generation
· Oil & Gas
· Metal & Mining
· 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 the Middle East & Africa)
The global industrial control transformers market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America industrial control transformers market is expected to be a major market due to ongoing technological enhancements along with increased spending for the development of long-distance electricity networks in the region. Europe is expected to contribute to development for the Industrial Control Transformers market due to the extensive deployment of smart transformer units along with ongoing regulatory initiatives to cater to the rising energy demand. Asia-Pacific is expected to be the dominant player all over the world, due to its growing population along with improvement in lifestyle which has led to the increase in consumption of energy in economies such as China and India along with the need to reduce equipment failure caused by frequent voltage spikes are driving the market in the region. In Latin America, economies such as Brazil and Argentina are the major markets due to the rise in demand from different sectors. Additionally, increasing private funding from financial institutions toward electrification programs will considerably enhance the business landscape. The Argentina government is also in the process of commissioning large projects, both in the transmission and generation sectors.
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