Industry: Machinery & Equipment
Published Date: 2024-01-06
Pages: 92 Pages
Report ld: 2159679
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Phase Shifting Transformers Market Size(US$)

CAGR 2024-2030
6.6%
Market Size,2030
USD 150.9
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
A phase-shifting transformer is a device for controlling the power flow through specific lines in a complex power transmission network. The basic function of a phase-shifting transformer is to change the effective phase displacement between the input voltage and the output voltage of a transmission line, thus controlling the amount of active power that can flow in the line.
Phase shifting transformers (PST) are crucial components in the ongoing strive for improved AC network efficiency. Increasing amounts of transmitted energy push the networks to the limit, increasing the risk of network instability.
PSTs allow controlling the power flow in the transmission grid independently of the generation. By avoiding system overloads and instabilities protect transmission lines and HV equipment from thermal overload, improve transmission system stability and control the power flow between different networks, for parallel long distance overhead lines or for parallel cables.
PSTs are highly specialized pieces of equipment that require leading- edge design and manufacturing skills combined with stringent quality control. They are highly complex power transformers, with more windings and tap changers than traditional power transformers and a large number of connections between the three-phases.
The global market for Phase Shifting Transformers was estimated to be worth US$ 96 million in 2023 and is forecast to a readjusted size of US$ 150.9 million by 2030 with a CAGR of 6.6% during the forecast period 2024-2030
The main players in Phase Shifting Transformer market are Siemens, ABB, Tamini, Baoding Tianwei Baobian Electric and a few others. The top 3 are Siemens, ABB, Tamini with 93% market shares. Europe is the largest consumption place, with about 95% market shares.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Phase Shifting Transformers, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Phase Shifting Transformers by region & country, by Type, and by Application.
The Phase Shifting Transformers market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Phase Shifting Transformers.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Phase Shifting Transformers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Phase Shifting Transformers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Phase Shifting Transformers in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
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Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 Market Overview
1.1 Phase Shifting Transformers Product Introduction
1.2 Global Phase Shifting Transformers Market Size Forecast
1.2.1 Global Phase Shifting Transformers Sales Value (2019-2030)
1.2.2 Global Phase Shifting Transformers Sales Volume (2019-2030)
1.2.3 Global Phase Shifting Transformers Sales Price (2019-2030)
1.3 Phase Shifting Transformers Market Trends & Drivers
1.3.1 Phase Shifting Transformers Industry Trends
1.3.2 Phase Shifting Transformers Market Drivers & Opportunity
1.3.3 Phase Shifting Transformers Market Challenges
1.3.4 Phase Shifting Transformers Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Phase Shifting Transformers Players Revenue Ranking (2023)
2.2 Global Phase Shifting Transformers Revenue by Company (2019-2024)
2.3 Global Phase Shifting Transformers Players Sales Volume Ranking (2023)
2.4 Global Phase Shifting Transformers Sales Volume by Company Players (2019-2024)
2.5 Global Phase Shifting Transformers Average Price by Company (2019-2024)
2.6 Key Manufacturers Phase Shifting Transformers Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Phase Shifting Transformers Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Phase Shifting Transformers
2.9 Phase Shifting Transformers Market Competitive Analysis
2.9.1 Phase Shifting Transformers Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Phase Shifting Transformers Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Phase Shifting Transformers as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Below 400 M VA
3.1.2 400 MVA-800 MVA
3.1.3 Over 800 MVA
3.2 Global Phase Shifting Transformers Sales Value by Type
3.2.1 Global Phase Shifting Transformers Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Phase Shifting Transformers Sales Value, by Type (2019-2030)
3.2.3 Global Phase Shifting Transformers Sales Value, by Type (%) (2019-2030)
3.3 Global Phase Shifting Transformers Sales Volume by Type
3.3.1 Global Phase Shifting Transformers Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Phase Shifting Transformers Sales Volume, by Type (2019-2030)
3.3.3 Global Phase Shifting Transformers Sales Volume, by Type (%) (2019-2030)
3.4 Global Phase Shifting Transformers Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Re-Distribute Power in Parallel Lines (Both Ends Are at Same Voltage Level)
4.1.2 Direct Power from One Voltage Level to Another (Auto-Transformer + PST)
4.2 Global Phase Shifting Transformers Sales Value by Application
4.2.1 Global Phase Shifting Transformers Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Phase Shifting Transformers Sales Value, by Application (2019-2030)
4.2.3 Global Phase Shifting Transformers Sales Value, by Application (%) (2019-2030)
4.3 Global Phase Shifting Transformers Sales Volume by Application
4.3.1 Global Phase Shifting Transformers Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Phase Shifting Transformers Sales Volume, by Application (2019-2030)
4.3.3 Global Phase Shifting Transformers Sales Volume, by Application (%) (2019-2030)
4.4 Global Phase Shifting Transformers Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Phase Shifting Transformers Sales Value by Region
5.1.1 Global Phase Shifting Transformers Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Phase Shifting Transformers Sales Value by Region (2019-2024)
5.1.3 Global Phase Shifting Transformers Sales Value by Region (2025-2030)
5.1.4 Global Phase Shifting Transformers Sales Value by Region (%), (2019-2030)
5.2 Global Phase Shifting Transformers Sales Volume by Region
5.2.1 Global Phase Shifting Transformers Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Phase Shifting Transformers Sales Volume by Region (2019-2024)
5.2.3 Global Phase Shifting Transformers Sales Volume by Region (2025-2030)
5.2.4 Global Phase Shifting Transformers Sales Volume by Region (%), (2019-2030)
5.3 Global Phase Shifting Transformers Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Phase Shifting Transformers Sales Value, 2019-2030
5.4.2 North America Phase Shifting Transformers Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Phase Shifting Transformers Sales Value, 2019-2030
5.5.2 Europe Phase Shifting Transformers Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Phase Shifting Transformers Sales Value, 2019-2030
5.6.2 Asia Pacific Phase Shifting Transformers Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Phase Shifting Transformers Sales Value, 2019-2030
5.7.2 South America Phase Shifting Transformers Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Phase Shifting Transformers Sales Value, 2019-2030
5.8.2 Middle East & Africa Phase Shifting Transformers Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Phase Shifting Transformers Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Phase Shifting Transformers Sales Value
6.2.1 Key Countries/Regions Phase Shifting Transformers Sales Value, 2019-2030
6.2.2 Key Countries/Regions Phase Shifting Transformers Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Phase Shifting Transformers Sales Value, 2019-2030
6.3.2 United States Phase Shifting Transformers Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Phase Shifting Transformers Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Phase Shifting Transformers Sales Value, 2019-2030
6.4.2 Europe Phase Shifting Transformers Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Phase Shifting Transformers Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Phase Shifting Transformers Sales Value, 2019-2030
6.5.2 China Phase Shifting Transformers Sales Value by Type (%), 2023 VS 2030
6.5.3 China Phase Shifting Transformers Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Phase Shifting Transformers Sales Value, 2019-2030
6.6.2 Japan Phase Shifting Transformers Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Phase Shifting Transformers Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Phase Shifting Transformers Sales Value, 2019-2030
6.7.2 South Korea Phase Shifting Transformers Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Phase Shifting Transformers Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Phase Shifting Transformers Sales Value, 2019-2030
6.8.2 Southeast Asia Phase Shifting Transformers Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Phase Shifting Transformers Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Phase Shifting Transformers Sales Value, 2019-2030
6.9.2 India Phase Shifting Transformers Sales Value by Type (%), 2023 VS 2030
6.9.3 India Phase Shifting Transformers Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Siemens
7.1.1 Siemens Company Information
7.1.2 Siemens Introduction and Business Overview
7.1.3 Siemens Phase Shifting Transformers Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Siemens Phase Shifting Transformers Product Offerings
7.1.5 Siemens Recent Development
7.2 ABB
7.2.1 ABB Company Information
7.2.2 ABB Introduction and Business Overview
7.2.3 ABB Phase Shifting Transformers Sales, Revenue and Gross Margin (2019-2024)
7.2.4 ABB Phase Shifting Transformers Product Offerings
7.2.5 ABB Recent Development
7.3 Toshiba
7.3.1 Toshiba Company Information
7.3.2 Toshiba Introduction and Business Overview
7.3.3 Toshiba Phase Shifting Transformers Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Toshiba Phase Shifting Transformers Product Offerings
7.3.5 Toshiba Recent Development
7.4 Raychem RPG
7.4.1 Raychem RPG Company Information
7.4.2 Raychem RPG Introduction and Business Overview
7.4.3 Raychem RPG Phase Shifting Transformers Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Raychem RPG Phase Shifting Transformers Product Offerings
7.4.5 Raychem RPG Recent Development
7.5 SGB_SMIT
7.5.1 SGB_SMIT Company Information
7.5.2 SGB_SMIT Introduction and Business Overview
7.5.3 SGB_SMIT Phase Shifting Transformers Sales, Revenue and Gross Margin (2019-2024)
7.5.4 SGB_SMIT Phase Shifting Transformers Product Offerings
7.5.5 SGB_SMIT Recent Development
7.6 CG
7.6.1 CG Company Information
7.6.2 CG Introduction and Business Overview
7.6.3 CG Phase Shifting Transformers Sales, Revenue and Gross Margin (2019-2024)
7.6.4 CG Phase Shifting Transformers Product Offerings
7.6.5 CG Recent Development
7.7 Tamini
7.7.1 Tamini Company Information
7.7.2 Tamini Introduction and Business Overview
7.7.3 Tamini Phase Shifting Transformers Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Tamini Phase Shifting Transformers Product Offerings
7.7.5 Tamini Recent Development
7.8 Baoding Tianwei Baobian Electric
7.8.1 Baoding Tianwei Baobian Electric Company Information
7.8.2 Baoding Tianwei Baobian Electric Introduction and Business Overview
7.8.3 Baoding Tianwei Baobian Electric Phase Shifting Transformers Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Baoding Tianwei Baobian Electric Phase Shifting Transformers Product Offerings
7.8.5 Baoding Tianwei Baobian Electric Recent Development
8 Industry Chain Analysis
8.1 Phase Shifting Transformers Industrial Chain
8.2 Phase Shifting Transformers Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Phase Shifting Transformers Sales Model
8.5.2 Sales Channel
8.5.3 Phase Shifting Transformers Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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