Global Phase Shifting Transformers Sales Market Report 2020

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.
In an increasingly complex power-generation landscape and a growing energy market, the capability to control the flow of power is fast gaining in crucial importance. This is the area, where phase-shifting transformers (PST) excel. Grid operators use this capability to increase the transmission capacity of the network, while minimizing expensive grid expansions. These transformers protect lines, make grids more reliable, and reduce transmission losses. And they are among the most economic and cost-efficient solutions for power-flow management out there.

With growing need from power grids worldwide, orders are growing year by year. The main players in Phase Shifting Transformer market are Siemens, ABB, Tamini, Baoding Tianwei Baobian Electric and a few others. They attracted most of the orders, either for domestic or out abroad requirements.

Phase Shifting Transformers can be Single-Core or Two-Core, Single tank or Two tank, Symmetrical or Non-symmetrical, 90° regulation or 60° regulation design, based on different parameters. The most common types are: Two-core design in symmetric or asymmetric configuration and Single-core design in symmetric or asymmetric configuration. Both of them allow a possible addition of an in-phase voltage regulation, to compensate the net voltage fluctuation or to combine in-phase and quadrature regulation. Phase-shifting transformers are highly complex units. To meet the unique needs of each specific customer, phase shifters are often custom-designed and manufactured to specification.
The growth of the Phase Shifting Transformer (PST) market is likely to be driven by developing economies such as India, Brazil, and Saudi Arabia, with upcoming long-distance transmission network projects. However, the market in certain developed countries such as the US, Japan, and Australia is expected to decline in the long term future, thereby restricting the scope of future market growth in these countries.

Market Analysis and Insights: Global Phase Shifting Transformers Market
The global Phase Shifting Transformers market size is projected to reach US$ 131.5 million by 2026, from US$ 90 million in 2020, at a CAGR of 6.6% during 2021-2026.

Global Phase Shifting Transformers Scope and Market Size
The global Phase Shifting Transformers market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Phase Shifting Transformers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Phase Shifting Transformers market is segmented into
Below 400 M VA
400 MVA-800 MVA
Over 800 MVA

Segment by Application, the Phase Shifting Transformers market is segmented into
re-distribute power in parallel lines (both ends are at same voltage level)
direct power from one voltage level to another (auto-transformer + PST)

The Phase Shifting Transformers market is analysed and market size information is provided by regions (countries). Segment by Application, the Phase Shifting Transformers market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Phase Shifting Transformers Market Share Analysis
Phase Shifting Transformers market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Phase Shifting Transformers business, the date to enter into the Phase Shifting Transformers market, Phase Shifting Transformers product introduction, recent developments, etc.

The major vendors covered:
Siemens
ABB
Tamini
Baoding Tianwei Baobian Electric