Industrial Control Transformer Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Industrial Control Transformer Market Analysis and it is segmented by Phase (Single Phase, and Three Phase), End-User (Power Generation, Oil & Gas, Chemical, Metal & Mining, and Others), and Geography (North America, Asia-Pacific, Europe, South America, and Middle-East and Africa)

Industrial Control Transformer Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Industrial Control Transformers Market Size

Industrial Control Transformer Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 3.50 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Industrial Control Transformer Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Industrial Control Transformer Market with other markets in Energy & Power Industry

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Industrial Control Transformers Market Analysis

The Industrial Control Transformer Market is expected to register a CAGR of greater than 3.5% during the forecast period.

  • With significant global capital spending during 2018 and increasing demand for chemicals in multiple industries, it is expected that the chemical industry is likely to witness significant growth during the forecast period.
  • The government of the United Arab Emirates (UAE) is concentrating on having a higher share of the manufacturing sector in its country's GDP. With its shrinking prospects for investment in the oil & gas industry, the country is planning to diversify its business to other business segments, such as manufacturing. For instance, the Abu Dhabi Economic Vision 2030 aims to grow the non-oil sector by more than 7.5% annually to help the country achieve a neutral non-oil trade balance. This, in turn, is expected to create an opportunity for the industrial control transformer market in the near future.
  • Asia-Pacific is likely to dominate the market during the forecast period, with the majority of the demand coming from China, India, Japan, and South Korea.

Industrial Control Transformers Industry Overview

The industrial control transformer market is moderately fragmented. Some of the key players in the market include ABB Ltd, Siemens AG, Schneider Electric SE, Eaton Corporation Plc, General Electric Company, Emerson Electric Co., Dongan Electric Manufacturing Co., Hubbell Incorporated, TEMCo Industrial, and Carotron LLC.

Industrial Control Transformers Market Leaders

  1. ABB Ltd

  2. Siemens AG

  3. Schneider Electric SE

  4. Eaton Corporation Plc.

  5. General Electric Company

  6. *Disclaimer: Major Players sorted in no particular order
Industrial Control Transformer Market Concentration
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Industrial Control Transformers Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD million, till 2025
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitute Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Phase
    • 5.1.1 Single Phase
    • 5.1.2 Three Phase
  • 5.2 End-user
    • 5.2.1 Power Generation
    • 5.2.2 Oil & Gas
    • 5.2.3 Chemical
    • 5.2.4 Metal & Mining
    • 5.2.5 Others
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Asia-Pacific
    • 5.3.3 Europe
    • 5.3.4 South America
    • 5.3.5 Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 ABB Ltd
    • 6.3.2 Siemens AG
    • 6.3.3 Schneider Electric SE
    • 6.3.4 Eaton Corporation Plc
    • 6.3.5 General Electric Company
    • 6.3.6 Emerson Electric Co.
    • 6.3.7 Dongan Electric Manufacturing Co.
    • 6.3.8 Hubbell Incorporated
    • 6.3.9 TEMCo Industrial
    • 6.3.10 Carotron LLC
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Industrial Control Transformers Industry Segmentation

The industrial control transformer market report includes:

Phase Single Phase
Three Phase
End-user Power Generation
Oil & Gas
Chemical
Metal & Mining
Others
Geography North America
Asia-Pacific
Europe
South America
Middle-East and Africa
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Industrial Control Transformers Market Research FAQs

What is the current Industrial Control Transformer Market size?

The Industrial Control Transformer Market is projected to register a CAGR of greater than 3.5% during the forecast period (2025-2030)

Who are the key players in Industrial Control Transformer Market?

ABB Ltd, Siemens AG, Schneider Electric SE, Eaton Corporation Plc. and General Electric Company are the major companies operating in the Industrial Control Transformer Market.

Which is the fastest growing region in Industrial Control Transformer Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Industrial Control Transformer Market?

In 2025, the Asia Pacific accounts for the largest market share in Industrial Control Transformer Market.

What years does this Industrial Control Transformer Market cover?

The report covers the Industrial Control Transformer Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Industrial Control Transformer Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Industrial Control Transformers Industry Report

Statistics for the 2025 Industrial Control Transformer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Industrial Control Transformer analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.