Global Amorphous Core Transformers Market is Projected to Reach 2,110 million USD by 2025

Author: QYResearch  |   Published Date: 2018-08-18   |   Views: 292


An amorphous core transformer is a highly efficient electrical transformer, which has a magnetic core comprised of ferromagnetic amorphous metal alloyed with a glass former. This ribbon of steel is wound to form the transformers core. The materials used in amorphous core transformers have high magnetic susceptibility, low coercivity and high electrical resistance.

In comparison, conventional transformers use silicon steel within their core, which is usually supplied in coil form and cut into laminations which are then used to form the transformer core. Amorphous Metal Distribution Transformers are the proven energy savers and this is because the Amorphous Metal core reduces the No load losses by about 75% when compared to the conventional CRGO grade.

The Amorphous Core Transformers industry was 1,274 million USD in 2017 and is projected to reach USD 2,110 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 6.5% between 2017 and 2025.

The market for Amorphous Metal Ribbons is concentrated with players such as Hitachi, ABB, Siemens, Zhixin Electric, Vijai, CG Global, Howard Industries, STS, CREAT, BRG, Sunten, Eaglerise, Tianwei Group, ProlecGE, Kotsons, Yangdong Electric, Powerstar and so on. Among them, Hitachi is the leader with about 17% revenue market share in 2017.


The initial costs of an amorphous core transformer are higher than of a crystalline silicon steel core transformer: first, the amorphous material itself is more expensive than crystalline silicon steel and second, the saturation magnetic flux density of amorphous steel is lower than that of silicon steel. This means larger sizes of amorphous core transformers are required, which results in a higher cost per unit. However, the higher initial costs can be compensated by lower operating costs over the lifetime of the transformers due to their increased energy efficiency.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence.

The Global Amorphous Core Transformers Market Research Report 2018 report released by QYResearch provides a basic overview of the Amorphous Core Transformers industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Amorphous Core Transformers industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

Click to view the full report TOC, figure and tables


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