재생에너지용 변압기 시장 : 세계 산업 규모, 점유율, 동향, 기회 및 예측 - 제품별, 냉각 방식별, 용도별, 지역별 및 경쟁 구도(2021-2031년)

The Global Renewable Energy Transformer Market will grow from USD 44.77 Billion in 2025 to USD 64.92 Billion by 2031 at a 6.39% CAGR. Renewable energy transformers are specialized electrical devices designed to regulate variable voltage and manage harmonics generated by non-dispatchable power sources, such as solar photovoltaic and wind systems, to ensure their stable integration into the grid.

Key Market Drivers

The rapid expansion of global renewable energy generation capacity acts as a fundamental driver for the transformer market, necessitating equipment capable of managing the intermittency of non-fossil fuel sources. Utility-scale solar and wind projects require specialized transformers for efficient long-distance transmission and grid stability.

Key Market Challenges

The acute strain on the global supply chain, characterized by material shortages and logistical bottlenecks, acts as a severe brake on the Renewable Energy Transformer Market. This disruption effectively caps the industry's ability to capitalize on the rising demand for grid modernization. As manufacturers struggle to source critical components and raw materials, production schedules are destabilized, leading to an inability to fulfill orders within reasonable timeframes.

Key Market Trends

The transition to biodegradable natural and synthetic ester insulation fluids is fundamentally reshaping transformer design, driven by the dual imperatives of environmental sustainability and enhanced fire safety. Unlike traditional mineral oils, these ester-based fluids offer superior biodegradability and higher flash points, making them indispensable for ecologically sensitive areas and high-density urban substations where risk mitigation is paramount. Manufacturers are now overcoming historical voltage limitations, successfully engineering these fluids for ultra-high-voltage applications previously dominated by fossil-based coolants.

Key Market Players

• ABB Ltd
• Bharat Heavy Electricals Limited
• Crompton Greaves Consumer Electricals Limited
• DAIHEN Corp.
• General Electric Company
• Hitachi Group
• HD Hyundai Heavy Industries Co., Ltd
• Hyosung Heavy Industries
• Kirloskar Electric Co. Ltd.
• Mitsubishi Electric Corporation

Report Scope:

In this report, the Global Renewable Energy Transformer Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Renewable Energy Transformer Market, By Product:

• Distribution Transformer
• Power Transformer

Renewable Energy Transformer Market, By Cooling:

• Dry Type
• Water Cooled
• Fluid Immerged Reactor

Renewable Energy Transformer Market, By Application:

• Solar PV
• Wind Farm
• Hydro-Energy

Renewable Energy Transformer Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Renewable Energy Transformer Market.

Available Customizations:

Global Renewable Energy Transformer Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Renewable Energy Transformer Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Product (Distribution Transformer, Power Transformer)
  • 5.2.2. By Cooling (Dry Type, Water Cooled, Fluid Immerged Reactor)
  • 5.2.3. By Application (Solar PV, Wind Farm, Hydro-Energy)
  • 5.2.4. By Region
  • 5.2.5. By Company (2025)
• 5.3. Market Map

6. North America Renewable Energy Transformer Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Product
  • 6.2.2. By Cooling
  • 6.2.3. By Application
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Renewable Energy Transformer Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Product
      • 6.3.1.2.2. By Cooling
      • 6.3.1.2.3. By Application
  • 6.3.2. Canada Renewable Energy Transformer Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Product
      • 6.3.2.2.2. By Cooling
      • 6.3.2.2.3. By Application
  • 6.3.3. Mexico Renewable Energy Transformer Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Product
      • 6.3.3.2.2. By Cooling
      • 6.3.3.2.3. By Application

7. Europe Renewable Energy Transformer Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Product
  • 7.2.2. By Cooling
  • 7.2.3. By Application
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Renewable Energy Transformer Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Product
      • 7.3.1.2.2. By Cooling
      • 7.3.1.2.3. By Application
  • 7.3.2. France Renewable Energy Transformer Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Product
      • 7.3.2.2.2. By Cooling
      • 7.3.2.2.3. By Application
  • 7.3.3. United Kingdom Renewable Energy Transformer Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Product
      • 7.3.3.2.2. By Cooling
      • 7.3.3.2.3. By Application
  • 7.3.4. Italy Renewable Energy Transformer Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Product
      • 7.3.4.2.2. By Cooling
      • 7.3.4.2.3. By Application
  • 7.3.5. Spain Renewable Energy Transformer Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Product
      • 7.3.5.2.2. By Cooling
      • 7.3.5.2.3. By Application

8. Asia Pacific Renewable Energy Transformer Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Product
  • 8.2.2. By Cooling
  • 8.2.3. By Application
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Renewable Energy Transformer Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Product
      • 8.3.1.2.2. By Cooling
      • 8.3.1.2.3. By Application
  • 8.3.2. India Renewable Energy Transformer Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Product
      • 8.3.2.2.2. By Cooling
      • 8.3.2.2.3. By Application
  • 8.3.3. Japan Renewable Energy Transformer Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Product
      • 8.3.3.2.2. By Cooling
      • 8.3.3.2.3. By Application
  • 8.3.4. South Korea Renewable Energy Transformer Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Product
      • 8.3.4.2.2. By Cooling
      • 8.3.4.2.3. By Application
  • 8.3.5. Australia Renewable Energy Transformer Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Product
      • 8.3.5.2.2. By Cooling
      • 8.3.5.2.3. By Application

9. Middle East & Africa Renewable Energy Transformer Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Product
  • 9.2.2. By Cooling
  • 9.2.3. By Application
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Renewable Energy Transformer Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Product
      • 9.3.1.2.2. By Cooling
      • 9.3.1.2.3. By Application
  • 9.3.2. UAE Renewable Energy Transformer Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Product
      • 9.3.2.2.2. By Cooling
      • 9.3.2.2.3. By Application
  • 9.3.3. South Africa Renewable Energy Transformer Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Product
      • 9.3.3.2.2. By Cooling
      • 9.3.3.2.3. By Application

10. South America Renewable Energy Transformer Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Product
  • 10.2.2. By Cooling
  • 10.2.3. By Application
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Renewable Energy Transformer Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Product
      • 10.3.1.2.2. By Cooling
      • 10.3.1.2.3. By Application
  • 10.3.2. Colombia Renewable Energy Transformer Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Product
      • 10.3.2.2.2. By Cooling
      • 10.3.2.2.3. By Application
  • 10.3.3. Argentina Renewable Energy Transformer Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Product
      • 10.3.3.2.2. By Cooling
      • 10.3.3.2.3. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Renewable Energy Transformer Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. ABB Ltd
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Bharat Heavy Electricals Limited
• 15.3. Crompton Greaves Consumer Electricals Limited
• 15.4. DAIHEN Corp.
• 15.5. General Electric Company
• 15.6. Hitachi Group
• 15.7. HD Hyundai Heavy Industries Co., Ltd
• 15.8. Hyosung Heavy Industries
• 15.9. Kirloskar Electric Co. Ltd.
• 15.10. Mitsubishi Electric Corporation

16. Strategic Recommendations

17. About Us & Disclaimer