Electrical Transformer Repair Market

Few transformers fail due to old age per se, but rather as a consequence of external faults, short circuit faults, insulation failure (dielectric failure), local overheating (causing gassing) or accessory failure (e.g. bushings, tap changers, coolers, surge-arresters).Repairing a transformer instead of replacing can substantially reduce investment costs and provide a faster turnaround than buying a new transformer.?
Electrical Transformer Repair Market contains market size and forecasts of Electrical Transformer Repair in Global, including the following market information:
Global Electrical Transformer Repair Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Electrical Transformer Repair market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
by Service Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electrical Transformer Repair include Neeltran, Sunbelt Transformer, Hitachi ABB Power Grids, Solomon Corporation, Controlled Magnetics, AIMS, RJW Rewinds, L/C Magnetics Inc and American MTS, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Electrical Transformer Repair companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electrical Transformer Repair Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Electrical Transformer Repair Market Segment Percentages, by Type, 2021 (%)
by Service Type
In Shop Services
On Site Services
by Repair Type
External Faults Repair
Dielectric Failure Repair
Accessory Failure Repair
Other
Global Electrical Transformer Repair Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Electrical Transformer Repair Market Segment Percentages, by Application, 2021 (%)
Electric Utilities
Wind Farms
Photovoltaic Plants
Oil & Gas Industry
Others
Global Electrical Transformer Repair Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Electrical Transformer Repair Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electrical Transformer Repair revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Electrical Transformer Repair revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Neeltran
Sunbelt Transformer
Hitachi ABB Power Grids
Solomon Corporation
Controlled Magnetics
AIMS
RJW Rewinds
L/C Magnetics Inc
American MTS
Electrical Doctor Home Services
SDMyers
Electric Power Systems
ELSCO Transformers
Maddox
Kinectrics
3L2R Inc
GT Wood
VCM Solutions
Lineman