Medium Voltage Transformer Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Medium Voltage Transformer Suppliers and it is segmented by Type (Liquid-Filled Transformer and Dry-Type Transformer), Mounting (Pad-Mounted Transformer and Pole-Mounted Transformer), Application (Residential, Commercial, and Industrial), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Medium Voltage Transformer Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Medium Voltage Transformer Market Size

Medium Voltage Transformer Market Size
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 2.50 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

Major Players

Medium Voltage Transformer Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Medium Voltage Transformer Market Analysis

The Medium Voltage Transformer Market is expected to register a CAGR of greater than 2.5% during the forecast period.

  • Dry-type medium voltage transformer is expected to be the largest segment during the forecast period, owing to its several advantages over liquid-type transformer, as they are generally smaller, lighter, and easier to maintain, requiring only occasional cleaning and inspection.
  • With the falling cost of renewable-based power generation, the requirement for T&D infrastructure is expected to increase, thereby, providing an opportunity to the players involved in manufacturing and supplying the medium voltage transformers.
  • Asia-Pacific is expected to lead the market and also be the fastest growing market during the forecast period, driven by China, India, Indonesia, and South Korea which are the major drivers of the power generation growth.

Medium Voltage Transformer Industry Overview

The medium voltage transformer market is moderately fragmented. Some of the key players are ABB Ltd., Schneider Electric SE, General Electric Company, Eaton Corporation PLC and Siemens AG.

Medium Voltage Transformer Market Leaders

  1. ABB Ltd.

  2. Schneider Electric SE

  3. General Electric Company

  4. Eaton Corporation PLC

  5. Siemens AG

  6. *Disclaimer: Major Players sorted in no particular order
 ABB Ltd., Schneider Electric SE, General Electric Company, Eaton Corporation PLC and Siemens AG.
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Medium Voltage Transformer Market Report - Table of Contents

1. INTRODUCTION

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

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, 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 Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Liquid-Filled Transformer
    • 5.1.2 Dry-Type Transformer
  • 5.2 Mounting
    • 5.2.1 Pad-Mounted Transformer
    • 5.2.2 Pole-Mounted Transformer
  • 5.3 Application
    • 5.3.1 Residential
    • 5.3.2 Commercial
    • 5.3.3 Industrial
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.2 Europe
    • 5.4.3 Asia-Pacific
    • 5.4.4 South America
    • 5.4.5 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 Schneider Electric SE
    • 6.3.3 General Electric Company
    • 6.3.4 CG Power and Industrial Solutions Ltd
    • 6.3.5 Emerson Electric Co.
    • 6.3.6 Hammond Power Solutions Inc.
    • 6.3.7 Siemens AG
    • 6.3.8 Eaton Corporation PLC
    • 6.3.9 SMA Solar Technology AG
    • 6.3.10 Kirloskar Electric Company
    • 6.3.11 Ningbo Tianan Group Co. Ltd
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Medium Voltage Transformer Industry Segmentation

The medium voltage transformer market report include:

Type Liquid-Filled Transformer
Dry-Type Transformer
Mounting Pad-Mounted Transformer
Pole-Mounted Transformer
Application Residential
Commercial
Industrial
Geography North America
Europe
Asia-Pacific
South America
Middle-East and Africa
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Medium Voltage Transformer Market Research FAQs

What is the current Medium Voltage Transformer Market size?

The Medium Voltage Transformer Market is projected to register a CAGR of greater than 2.5% during the forecast period (2025-2030)

Who are the key players in Medium Voltage Transformer Market?

ABB Ltd., Schneider Electric SE, General Electric Company, Eaton Corporation PLC and Siemens AG are the major companies operating in the Medium Voltage Transformer Market.

Which is the fastest growing region in Medium Voltage 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 Medium Voltage Transformer Market?

In 2025, the Asia Pacific accounts for the largest market share in Medium Voltage Transformer Market.

What years does this Medium Voltage Transformer Market cover?

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

MV Transformers Industry Report

Statistics for the 2025 Medium Voltage Transformer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Medium Voltage 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.