세계의 저전력 변압기 시장은 2025-2032년 예측 기간 동안 CAGR 7.89%를 기록하며, 2024년 104억 8,000만 달러에서 2032년 192억 4,000만 달러로 성장할 것으로 예측됩니다. 이 시장은 에너지 소비의 진화와 인프라 개발 등의 상호 관련 요인에 의해 최근 동향에서 큰 성장을 이루고 있으며, 앞으로도 강력한 확대 페이스를 유지할 것으로 예측됩니다. 저전력 변압기에 대한 수요 증가는 주로 신흥국을 중심으로 전기화가 추진되기 때문입니다. 이러한 추세는 기후 변화와 싸우기 위해 세계 각국의 정부가 설정한 야심적인 신재생에너지 목표에 의해 더욱 증폭되고 있습니다. 신재생 에너지원을 기존의 전력망에 통합하기 위해서는 저전력 변압기와 같은 신뢰할 수 있는 기술이 필요하며, 이는 신재생에너지 발전의 변동성을 관리하고 배전의 안정된 전압 레벨을 확보하는데 매우 중요합니다. 또한 운송 부문의 전기화가 진행됨에 따라 견고한 전력 인프라가 필요하고 충전소의 교류 전력을 사용 가능한 직류 전력으로 변환할 수 있는 저전력 변압기에 대한 수요가 증가하고 있습니다. 마지막으로 다양한 부문에서 에너지 소비가 증가함에 따라 전기 인프라 투자가 가속화되고 저전력 변압기 수요가 더욱 증가하고 있습니다.
예를 들어 2024년 11월, EIA 보고서에 따르면 미국에서는 다양한 최종 사용자의 전력 수요 증가로 인해 배전 시스템에 대한 설비 투자가 증가했습니다. 배전 인프라에 대한 자본 투자는 2003년부터 2023년까지 314억 달러(160%) 증가했습니다. 이 개발은 시장에서 저전력 변압기 수요를 견인하는 전력 소비 증가를 부각하고 있습니다.
변압기 설계의 기술적 진보도 효율성과 성능을 높이고 있으며, 최신 저전력 변압기를 유틸리티와 산업 부문에 보다 매력적으로 만들고 있습니다. 신흥국은 신뢰할 수 있는 에너지 솔루션에 대한 수요 증가에 대응하면서 전기 인프라의 현대화를 목표로 하고 있으며, 이는 저전력 변압기 시장의 성장을 가속하고 있습니다. 에너지 효율과 안전 기준을 촉진하는 정부의 지원 정책은 이러한 변압기에 대한 투자를 더욱 강화하고 있습니다. 이러한 복합적인 요인에 의해 저전력 변압기 시장은 향후 수년간 크게 확대될 것으로 보입니다.
모든 부문은 해당 지역 및 국가에서 제공됩니다.
위의 회사는 시장 점유율을 기반으로 순위를 보유하지 않으며 조사 작업 중에 사용 가능한 정보를 기반으로 변경될 수 있습니다.
Global low power transformers market is projected to witness a CAGR of 7.89% during the forecast period 2025-2032, growing from USD 10.48 billion in 2024 to USD 19.24 billion in 2032. The market has experienced significant growth in recent years due to interrelated factors such as the evolving landscape of energy consumption and infrastructure development and is expected to maintain a strong pace of expansion in the coming years. The increasing demand for low-power transformers is primarily driven by the global push toward electrification, particularly in emerging economies. This trend is further amplified by ambitious renewable energy targets set by governments worldwide to combat climate change. Integrating renewable energy sources into existing electrical grids necessitates reliable technologies like low-power transformers, which are crucial for managing the variable nature of renewable energy generation and ensuring stable voltage levels for distribution. Furthermore, the growing electrification of the transportation sector requires a robust power infrastructure, boosting the demand for low-power transformers capable of converting AC power from charging stations into usable DC power. Finally, increasing energy consumption across various sectors is accelerating investment in electrical infrastructure, further fueling the demand for low-power transformers.
For instance, in November 2024, as per the EIA report, in the United States, the rise in the demand for electricity from different end users led to an increase in capital spending on the distribution system. Capital investment in distribution infrastructure increased by USD 31.4 billion, or 160%, from 2003 to 2023. This development highlights the rising power consumption driving the demand for low-power transformers in the market.
Technological advancements in transformer design are also enhancing efficiency and performance, making modern low-power transformers more attractive for utilities and industrial sectors. Developing countries are seeking to modernize their electrical infrastructure while meeting rising demands for reliable energy solutions, thus driving growth in the low-power transformer market. Supportive government policies and regulations that promote energy efficiency and safety standards further incentivize investments in these transformers. These combined factors position the low-power transformer market for significant expansion over the coming years.
Rising Investment in Electrification and Efficient Electrical Infrastructure Development Fuel Low-Power Transformer Market Growth
Developing countries are investing heavily in infrastructure and energy sectors to accommodate rapid urbanization and industrialization. Regions such as Asia-Pacific, Africa, and South America are witnessing large-scale industrial, residential, and commercial construction projects. These developments require substantial electricity consumption, driving demand for low-power transformers to safely distribute and regulate power loads. Concurrently, global initiatives to electrify rural and underserved areas supported by government policies and private-sector grid expansions are further accelerating market growth for these transformers. This dual focus on urban infrastructure development and rural electrification positions the low-power transformer market for sustained expansion during the forecast period.
For instance, in April 2024, European Investment Bank (EIB) granted a loan of USD 411 million to municipal energy supplier Thuringer Energie AG (TEAG) to upgrade and digitise the electricity grid in Thuringia, Germany. The investment will enhance grid performance to support energy transition initiatives. This development reflects growing investments in electrification infrastructure is driving demand for low-power transformers in the market.
Furthermore, the growing awareness of climate change has led to a focus on sustainable practices within the electrical sector which is leading to the deployment of efficient electrical equipment in the system. The low power transformers assist in minimizing the energy losses during transmission and support renewable energy grid integration which aligns with global sustainability goals, thus making the low power transformer more demanded equipment in the market.
Rise in Integration of Renewable Energy Creates Market Opportunity
Low power transformers play a vital role in addressing the challenges associated with managing a more complex and variable energy landscape. Low power transformers facilitate the conversion of high-voltage electricity generated from renewable sources into usable levels for distribution, driving their market demand. Additionally, low power transformers help stabilize voltage fluctuations, ensuring that the electricity produced meets grid standards, which prevents outages and maintains a reliable supply. Furthermore, low power transformers are essential for stepping up voltage to medium levels suitable for grid transmission. Low power transformers are capable of seamlessly integrating renewable energy into existing electrical infrastructure without causing instability or damaging equipment creating significant opportunities for growth in the low power transformer market in the coming years.
Globally every sector is highly prioritizing the adoption of renewable energy sources into the electrical grid. Governments and companies are setting up ambitious renewable energy targets as part of the sustainability goals which could be attained by adopting the proper energy mix. As countries focus on shifting toward decarbonization and energy transition results in high demand for technologies and innovative electrical equipment which could integrate the different sources of energy with less energy loss. The integration feature of low power transformers helps to overcome the challenges and requirements of managing a more complex and variable energy landscape. The low power transformers assist in converting high-voltage electricity generated from renewables into usable levels for distribution which drives its demand in the market.
For instance, in August 2024, the Department of Energy (DOE) of the United States decided to invest USD 2.2 billion in the nation's power grid. As part of the Bipartisan Infrastructure Law's Grid Resilience and Innovation Partnerships (GRIP) Program, funding is allocated to eight major projects across 18 states, improving grid resilience. This development highlights the inclination towards renewable energy integration, which drives the demand for low-power transformers in the market.
Split Core Transformers to Dominate the Market Share
The split-core transformer segment is expected to see high adoption rates and is expected to dominate the market during the forecast period. This growth is primarily due to the ease of installation and versatility of split-core transformers. Split-core transformers' ease of installation around existing wiring minimizes downtime and costs, making them ideal for retrofitting and upgrading existing electrical systems. Their versatility in space-constrained environments and ability to maintain accuracy without circuit interruption further solidify their dominance in diverse applications.
Furthermore, split core transformers facilitate the integration of variable energy sources into existing electrical grids, helping to stabilize power supply and improve grid reliability. The ongoing electrification of various sectors, including transportation and industrial processes, has led to a higher demand for transformers to manage power loads which drive the demand for split core low power transformers in the market.
Asia-Pacific Leads the Low Power Transformers Market
Asia-Pacific dominates the low power transformers market and holds the largest market share. The Asia-Pacific region comprises numerous developing countries which are heavily investing in renewable energy sources and enhancing the power distribution sectors, which drives low power transformer market growth. Notably, China and India are among the largest energy consumers, significantly contributing to global consumption levels. Several developing countries in the region are focused on modernizing their power grids, which aim to improve energy efficiency, reduce transmission losses, and ensure a reliable power supply.
Additionally, developing nations are prioritizing the manufacturing sector and the electrification of rural areas which further increases the demand for low power transformers in the region. The growing interest in electrifying the transportation sector in these countries is expected to be a major factor propelling the market growth during the forecast period.
For instance, in January 2025, the Indian power sector presents an investment opportunity of around USD 461.95 billion over the next decade which is driven by rising demand for infrastructure upgrades, and the transition to clean energy. This development highlights the rising investment in the power sector which drives the demand for the low power transformers in the coming market.
Future Market Scenario (2025 - 2032F)
Massive investments in infrastructure projects across Asia-Pacific region is driving the demand for low power transformers in coming years.
Governments are focusing on modernizing existing facilities and constructing new ones, including power plants fostering the demand for low power transformers in the forecast period.
Rise in electrification of rural area, result in rise in the demand for low power transformers in developing countries which lead to growth of the market.
The industrial sector heavily investing in automation which drives the demand for low power transformers in industrial applications in the coming years.
Key Players Landscape and Outlook
Continuous innovation characterizes the landscape of low power transformers globally, as the companies compete in terms of energy efficiency, product life, and unique features. The market outlook remains positive, owing to increased demand for the integration of renewable energy and automation in the industrial sector. Product launches, agreements, business expansions, collaborations, and developing technologies are projected to increase competition in the fast-paced market.
For instance, in January 2025, GE Vernova Inc. is planning to invest nearly USD 600 million in its United States factories and facilities over the next two years to help meet the surging demand for electrical equipment. This development will help the company to increase its production capacity and strong hold in United States market in the coming years.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.