the world markets and manufacturers of …the world markets and manufacturers of transformers, 2012...
TRANSCRIPT
The World Markets
and
Manufacturers of Transformers
2012 - 2020
© GOULDEN REPORTS March 2013
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The World Markets and Manufacturers of Transformers, 2012 - 2020
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The World Markets and Manufacturers of Transformers, 2012 - 2020
CONTENTS
1. INTRODUCTION ............................................................................................................................................... 1
1.1 OBJECTIVES AND SCOPE ....................................................................................................................... 1 1.2 METHODOLOGY ....................................................................................................................................... 3
2. SUMMARY ......................................................................................................................................................... 5
2.1 SUMMARY TABLES ................................................................................................................................. 7
3. THE WORLD MARKET ................................................................................................................................. 13
3.1 FORECAST WORLD MARKET 2013-2020 ............................................................................................ 21
4. THE WORLD’S MAJOR TRANSFORMER MANUFACTURERS ........................................................... 23
4.1 TRANSFORMER INDUSTRY CONTACT DETAILS ............................................................................ 27 4.2 ARGENTINA ............................................................................................................................................ 27 4.3 AUSTRALIA ............................................................................................................................................. 27 4.4 AUSTRIA .................................................................................................................................................. 29 4.5 BELARUS ................................................................................................................................................. 29 4.6 BELGIUM ................................................................................................................................................. 29 4.7 BRAZIL ..................................................................................................................................................... 30 4.8 BULGARIA ............................................................................................................................................... 31 4.9 CANADA................................................................................................................................................... 32 4.10 CHILE ........................................................................................................................................................ 35 4.11 CHINA ....................................................................................................................................................... 36 4.12 COLOMBIA .............................................................................................................................................. 40 4.13 COSTA RICA ............................................................................................................................................ 40 4.14 CROATIA .................................................................................................................................................. 41 4.15 CZECH REPUBLIC .................................................................................................................................. 41 4.16 DENMARK ............................................................................................................................................... 43 4.17 EGYPT ....................................................................................................................................................... 43 4.18 ESTONIA................................................................................................................................................... 44 4.19 FINLAND .................................................................................................................................................. 44 4.20 FRANCE .................................................................................................................................................... 44 4.21 GEORGIA .................................................................................................................................................. 46 4.22 GERMANY ............................................................................................................................................... 46 4.23 GREECE .................................................................................................................................................... 49 4.24 HUNGARY ................................................................................................................................................ 49 4.25 INDIA ........................................................................................................................................................ 51 4.26 INDONESIA .............................................................................................................................................. 57 4.27 IRAN .......................................................................................................................................................... 58 4.28 IRELAND .................................................................................................................................................. 59 4.29 ISRAEL ...................................................................................................................................................... 59 4.30 ITALY ........................................................................................................................................................ 60 4.31 JAPAN ....................................................................................................................................................... 61 4.32 MACEDONIA ........................................................................................................................................... 68 4.33 MALAYSIA ............................................................................................................................................... 68 4.34 MEXICO .................................................................................................................................................... 69 4.35 MOROCCO ............................................................................................................................................... 72 4.36 NETHERLANDS ....................................................................................................................................... 73 4.37 NORWAY .................................................................................................................................................. 73 4.38 PAKISTAN ................................................................................................................................................ 74 4.39 PERU ......................................................................................................................................................... 74 4.40 PHILIPPINES ............................................................................................................................................ 75 4.41 POLAND ................................................................................................................................................... 75 4.42 PORTUGAL .............................................................................................................................................. 78
The World Markets and Manufacturers of Transformers, 2012 - 2020
4.43 ROMANIA ................................................................................................................................................. 78 4.44 RUSSIA ..................................................................................................................................................... 79 4.45 SAUDI ARABIA ....................................................................................................................................... 79 4.46 SLOVAKIA ............................................................................................................................................... 80 4.47 SLOVENIA ................................................................................................................................................ 81 4.48 SOUTH AFRICA ....................................................................................................................................... 81 4.49 SOUTH KOREA ........................................................................................................................................ 82 4.50 SPAIN ........................................................................................................................................................ 83 4.51 SRI LANKA .............................................................................................................................................. 84 4.52 SWEDEN ................................................................................................................................................... 84 4.53 SWITZERLAND ....................................................................................................................................... 85 4.54 TAIWAN ................................................................................................................................................... 88 4.55 TAJIKISTAN ............................................................................................................................................. 89 4.56 TANZANIA ............................................................................................................................................... 89 4.57 THAILAND ............................................................................................................................................... 90 4.58 TUNISIA .................................................................................................................................................... 91 4.59 TURKEY ................................................................................................................................................... 91 4.60 UAE ........................................................................................................................................................... 92 4.61 UKRAINE .................................................................................................................................................. 93 4.62 UK .............................................................................................................................................................. 93 4.63 USA ............................................................................................................................................................ 95 4.64 UZBEKISTAN ......................................................................................................................................... 102 4.65 VENEZUELA .......................................................................................................................................... 102 4.66 VIETNAM ............................................................................................................................................... 103
5. REGIONAL MARKETS ................................................................................................................................ 105
5.1 WESTERN EUROPE .............................................................................................................................. 105 5.2 EASTERN EUROPE ............................................................................................................................... 115 5.3 FORMER SOVIET UNION .................................................................................................................... 125 5.4 NORTH AFRICA .................................................................................................................................... 135 5.5 WEST AFRICA ....................................................................................................................................... 139 5.6 CENTRAL AFRICA ................................................................................................................................ 148 5.7 EAST AFRICA ........................................................................................................................................ 153 5.8 SOUTHERN AFRICA ............................................................................................................................. 163 5.9 MIDDLE EAST ....................................................................................................................................... 169 5.10 INDIAN SUB CONTINENT ................................................................................................................... 179 5.11 ASIA ........................................................................................................................................................ 185 5.12 SOUTH AMERICA ................................................................................................................................. 195 5.13 CENTRAL AMERICA AND CARIBBEAN .......................................................................................... 205 5.14 NORTH AMERICA ................................................................................................................................. 215 5.15 OCEANIA ................................................................................................................................................ 221
6. PRODUCTION ............................................................................................................................................... 227
7. TRADE ANALYSIS ....................................................................................................................................... 229
7.1 TOP 25 EXPORTERS ............................................................................................................................. 229 7.2 TOP 25 IMPORTERS .............................................................................................................................. 235 7.3 EXPORT VALUES ................................................................................................................................. 241 7.4 EXPORT PERCENTAGES ..................................................................................................................... 249 7.5 IMPORT VALUES .................................................................................................................................. 257 7.6 IMPORT PERCENTAGES...................................................................................................................... 266 7.7 TRANSFORMER COMPONENT TRADE ............................................................................................ 275
8. APPENDICES ................................................................................................................................................. 283
8.1 BACKGROUND COUNTRY INFORMATION ..................................................................................... 283 8.1.1 Europe ...................................................................................................................................................... 283 8.1.2 Africa ........................................................................................................................................................ 285 8.1.3 Asia .......................................................................................................................................................... 287 8.1.4 South America .......................................................................................................................................... 289 8.1.5 North and Central America and Caribbean ............................................................................................. 290
The World Markets and Manufacturers of Transformers, 2012 - 2020
8.1.6 Oceania .................................................................................................................................................... 292 8.2 EXCHANGE RATES .............................................................................................................................. 293 8.3 ESTIMATED PRODUCTION BY COMPANY BY COUNTRY .......................................................... 295
The World Markets and Manufacturers of Transformers, 2012 - 2020
TABLE OF TABLES
1. INTRODUCTION ............................................................................................................................................... 1
1.1 OBJECTIVES AND SCOPE ....................................................................................................................... 1 1.2 METHODOLOGY ....................................................................................................................................... 3
2. SUMMARY ......................................................................................................................................................... 5
2.1 SUMMARY TABLES ................................................................................................................................. 7 The Fastest Growing National Markets for Transformers 2008 - 2012 (US$ Thousand) ............................................... 7 The Fastest Growing National Markets for Transformers 2008 - 2012 (US$ Thousand) .............................................. 8 The Fastest Declining National Markets for Transformers 2008- 2012 (US$ Thousand) ............................................. 9 The Fastest Declining National Markets for Transformers 2008 - 2012 (US$ Thousand)........................................... 10 The Largest National Markets for Transformers 2012 (US$ Million) .......................................................................... 11
3. THE WORLD MARKET ................................................................................................................................. 13
The World Market for Transformers, by Region, 2008 - 2012 (US$ Thousand) .......................................................... 13 The World Market for Transformers, by Region,2007/2012 (% Change) .................................................................... 14 The World Market for Transformers, by Region, by Function Type 2012(US$ Thousand) ......................................... 15 The World Market for Transformers, by Region, by Function Type 2012 (MVA) ...................................................... 16 The World Market for Transformers, by Region, by Insulation Type 2012 (US$ Thousand) ...................................... 17 The World Market for Transformers, by Region, by Size of Transformer 2012 (US$ Thousand) ............................... 18 The World Market for Transformers, by Region, by End Use Customer 2012 (US$ Thousand) ................................. 19
3.1 FORECAST WORLD MARKET 2013-2020 ............................................................................................ 21 The Forecast World Market for Transformers, by Region, 2013 - 2020 (US$ Thousand) ........................................... 21 The Forecast World Market for Transformers, by Region, 2013 - 2020 (MVA Demand) ........................................... 22
4. THE WORLD’S MAJOR TRANSFORMER MANUFACTURERS ........................................................... 23
Leading Manufacturers’ Sales of Transformers 2012 (US$ Thousand) ........................................................................ 23 Leading Manufacturers’ Sales of Transformers, per Region, 2012 (US$ Million) - continued .................................... 25
4.1 TRANSFORMER INDUSTRY CONTACT DETAILS ............................................................................ 27 4.2 ARGENTINA ............................................................................................................................................ 27 4.3 AUSTRALIA ............................................................................................................................................. 27 4.4 AUSTRIA .................................................................................................................................................. 29 4.5 BELARUS ................................................................................................................................................. 29 4.6 BELGIUM ................................................................................................................................................. 29 4.7 BRAZIL ..................................................................................................................................................... 30 4.8 BULGARIA ............................................................................................................................................... 31 4.9 CANADA................................................................................................................................................... 32 4.10 CHILE ........................................................................................................................................................ 35 4.11 CHINA ....................................................................................................................................................... 36 4.12 COLOMBIA .............................................................................................................................................. 40 4.13 COSTA RICA ............................................................................................................................................ 40 4.14 CROATIA .................................................................................................................................................. 41 4.15 CZECH REPUBLIC .................................................................................................................................. 41 4.16 DENMARK ............................................................................................................................................... 43 4.17 EGYPT ....................................................................................................................................................... 43 4.18 ESTONIA................................................................................................................................................... 44 4.19 FINLAND .................................................................................................................................................. 44 4.20 FRANCE .................................................................................................................................................... 44 4.21 GEORGIA .................................................................................................................................................. 46 4.22 GERMANY ............................................................................................................................................... 46 4.23 GREECE .................................................................................................................................................... 49 4.24 HUNGARY ................................................................................................................................................ 49 4.25 INDIA ........................................................................................................................................................ 51 4.26 INDONESIA .............................................................................................................................................. 57 4.27 IRAN .......................................................................................................................................................... 58 4.28 IRELAND .................................................................................................................................................. 59
The World Markets and Manufacturers of Transformers, 2012 - 2020
4.29 ISRAEL ...................................................................................................................................................... 59 4.30 ITALY ........................................................................................................................................................ 60 4.31 JAPAN ....................................................................................................................................................... 61 4.32 MACEDONIA ........................................................................................................................................... 68 4.33 MALAYSIA ............................................................................................................................................... 68 4.34 MEXICO .................................................................................................................................................... 69 4.35 MOROCCO ............................................................................................................................................... 72 4.36 NETHERLANDS ....................................................................................................................................... 73 4.37 NORWAY .................................................................................................................................................. 73 4.38 PAKISTAN ................................................................................................................................................ 74 4.39 PERU ......................................................................................................................................................... 74 4.40 PHILIPPINES ............................................................................................................................................ 75 4.41 POLAND ................................................................................................................................................... 75 4.42 PORTUGAL .............................................................................................................................................. 78 4.43 ROMANIA ................................................................................................................................................. 78 4.44 RUSSIA ..................................................................................................................................................... 79 4.45 SAUDI ARABIA ....................................................................................................................................... 79 4.46 SLOVAKIA ............................................................................................................................................... 80 4.47 SLOVENIA ................................................................................................................................................ 81 4.48 SOUTH AFRICA ....................................................................................................................................... 81 4.49 SOUTH KOREA ........................................................................................................................................ 82 4.50 SPAIN ........................................................................................................................................................ 83 4.51 SRI LANKA .............................................................................................................................................. 84 4.52 SWEDEN ................................................................................................................................................... 84 4.53 SWITZERLAND ....................................................................................................................................... 85 4.54 TAIWAN ................................................................................................................................................... 88 4.55 TAJIKISTAN ............................................................................................................................................. 89 4.56 TANZANIA ............................................................................................................................................... 89 4.57 THAILAND ............................................................................................................................................... 90 4.58 TUNISIA .................................................................................................................................................... 91 4.59 TURKEY ................................................................................................................................................... 91 4.60 UAE ........................................................................................................................................................... 92 4.61 UKRAINE .................................................................................................................................................. 93 4.62 UK .............................................................................................................................................................. 93 4.63 USA ............................................................................................................................................................ 95 4.64 UZBEKISTAN ......................................................................................................................................... 102 4.65 VENEZUELA .......................................................................................................................................... 102 4.66 VIETNAM ............................................................................................................................................... 103
5. REGIONAL MARKETS ................................................................................................................................ 105
5.1 WESTERN EUROPE .............................................................................................................................. 105 Western Europe: The Market for Transformers, by Country, 2007 - 2011 (US$ Thousand) ...................................... 105 Western Europe: The Market for Transformers, by Country, 2007 - 2012 (% Change) ............................................. 106 Western Europe: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) ................................... 107 Western Europe: The Market for Transformers, by Country, 2012 (MVA) ............................................................... 108 Western Europe: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ........................... 109 Western Europe: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) ........... 110 Western Europe: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) ............. 111 Western Europe: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand) .................................... 112 Western Europe: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) .................................... 113
5.2 EASTERN EUROPE ............................................................................................................................... 115 Eastern Europe: The Market for Transformers, by Country,2007 - 2011 (US$ Thousand) ........................................ 115 Eastern Europe: The Market for Transformers, by Country,2007 - 2012 (% Change) ............................................... 116 Eastern Europe: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) ................................... 117 Eastern Europe: The Market for Transformers, by Country, 2012 (MVA)................................................................. 118 Eastern Europe: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ............................ 119 Eastern Europe: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) ............ 120 Eastern Europe: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) .............. 121 Eastern Europe: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand) ..................................... 122 Eastern Europe: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) ..................................... 123
5.3 FORMER SOVIET UNION .................................................................................................................... 125 Former Soviet Union: The Market for Transformers, by Country, 2007- 2011 (US$ Thousand) ............................... 125
The World Markets and Manufacturers of Transformers, 2012 - 2020
Former Soviet Union: The Market for Transformers, by Country, 2007 - 2012 (% Change) ..................................... 126 Former Soviet Union: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) .......................... 127 Former Soviet Union: The Market for Transformers, by Country, 2012 (MVA) ....................................................... 128 Former Soviet Union: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ................... 129 Former Soviet Union: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) ... 130 Former Soviet Union: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) ..... 131 Former Soviet Union: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand) ............................ 132 Former Soviet Union: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) ............................ 133
5.4 NORTH AFRICA .................................................................................................................................... 135 North Africa The Market for Transformers, by Country,2007 - 2011 (US$ Thousand) ............................................. 135 North Africa: The Market for Transformers, by Country, 2007 - 2012 (% Change) .................................................. 135 North Africa: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) ....................................... 136 North Africa: The Market for Transformers, by Country, 2012 (MVA)..................................................................... 136 North Africa: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ................................ 137 North Africa: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) ................ 137 North Africa: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) .................. 138 North Africa: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand) ......................................... 138 North Africa: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) ......................................... 138
5.5 WEST AFRICA ....................................................................................................................................... 139 West Africa: The Market for Transformers, by Country,2007 - 2011 (US$ Thousand) ............................................. 139 West Africa: The Market for Transformers, by Country, 2007 - 2012 (% Change) ................................................... 140 West Africa: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) ........................................ 141 West Africa: The Market for Transformers, by Country, 2012 (MVA) ...................................................................... 142 West Africa: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ................................. 143 West Africa: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand).................. 144 West Africa: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) ................... 145 West Africa: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand) .......................................... 146 West Africa: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) .......................................... 147
5.6 CENTRAL AFRICA ................................................................................................................................ 148 Central Africa: The Market for Transformers, by Country,2007 - 2011 (US$ Thousand).......................................... 148 Central Africa: The Market for Transformers, by Country,2007 - 2012 (% Change) ................................................. 148 Central Africa: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) ..................................... 149 Central Africa: The Market for Transformers, by Country, 2012 (MVA) .................................................................. 149 Central Africa: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) .............................. 150 Central Africa: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) .............. 150 Central Africa: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) ................ 151 Central Africa: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand) ....................................... 151 Central Africa: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) ....................................... 152
5.7 EAST AFRICA ........................................................................................................................................ 153 East Africa: The Market for Transformers, by Country, 2007 - 2011 (US$ Thousand) ............................................. 153 East Africa: The Market for Transformers, by Country, 2007 - 2012 (% Change) ..................................................... 154 East Africa: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) .......................................... 155 East Africa: The Market for Transformers, by Country, 2012 (MVA) ....................................................................... 156 East Africa: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ................................... 157 East Africa: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) ................... 158 East Africa: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) ..................... 159 East Africa: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand) ............................................ 160 East Africa: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) ............................................ 161
5.8 SOUTHERN AFRICA ............................................................................................................................. 163 Southern Africa: The Market for Transformers, by Country, 2007 - 2011 (US$ Thousand) ...................................... 163 Southern Africa: The Market for Transformers, by Country, 2007 - 2012 (% Change) ............................................. 163 Southern Africa: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) .................................. 164 Southern Africa: The Market for Transformers, by Country, 2012 (MVA) ............................................................... 164 Southern Africa: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ........................... 165 Southern Africa: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) ........... 165 Southern Africa: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) ............. 166 Southern Africa: The Market for Transformers, by Country, 2013 to 2020(US$ Thousand) ..................................... 166 Southern Africa: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) .................................... 167
5.9 MIDDLE EAST ....................................................................................................................................... 169 Middle East: The Market for Transformers, by Country, 2007 - 2011 (US$ Thousand) ............................................ 169 Middle East: The Market for Transformers, by Country, 2007 - 2012 (% Change) ................................................... 170 Middle East: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) ........................................ 171 Middle East: The Market for Transformers, by Country, 2012 (MVA) ...................................................................... 172 Middle East: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ................................. 173 Middle East: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand).................. 174 Middle East: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) ................... 175
The World Markets and Manufacturers of Transformers, 2012 - 2020
Middle East: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand) .......................................... 176 Middle East: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) .......................................... 177
5.10 INDIAN SUB CONTINENT ................................................................................................................... 179 Indian Sub Con.: The Market for Transformers, by Country, 2007 - 2011 (US$ Thousand) ..................................... 179 Indian Sub Con.: The Market for Transformers, by Country, 2007 - 2012 (% Change) ............................................. 179 Indian Sub Con.: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) .................................. 180 Indian Sub Con.: The Market for Transformers, by Country, 2012 (MVA) ............................................................... 180 Indian Sub Con.: The Market for Transformers, by Country, by Insulation 2012(US$ Thousand) ............................ 181 Indian Sub Con.: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) ........... 181 Indian Sub Con.: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) ............. 182 Indian Sub Con.: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand) .................................... 182 Indian Sub Con.: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) .................................... 183
5.11 ASIA ........................................................................................................................................................ 185 Asia: The Market for Transformers, by Country, 2007 - 2011 (US$ Thousand) ........................................................ 185 Asia: The Market for Transformers, by Country, 2007 - 2012 (% Change) ............................................................... 186 Asia: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) .................................................... 187 Asia: The Market for Transformers, by Country, 2012 (MVA) .................................................................................. 188 Asia: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ............................................. 189 Asia: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) ............................. 190 Asia: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) ............................... 191 Asia: The Market for Transformers, by Country, 2013 to 2020(US$ Thousand) ....................................................... 192 Asia: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) ...................................................... 193
5.12 SOUTH AMERICA ................................................................................................................................. 195 South America: The Market for Transformers, by Country, 2007 – 2011 (US$ Thousand) ....................................... 195 South America: The Market for Transformers, by Country, 2007 - 2012 (% Change) ............................................... 196 South America: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) .................................... 197 South America: The Market for Transformers, by Country, 2012 (MVA) ................................................................. 198 South America: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ............................. 199 South America: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) ............. 200 South America: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) ............... 201 South America: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand) ...................................... 202 South America: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) ...................................... 203
5.13 CENTRAL AMERICA AND CARIBBEAN .......................................................................................... 205 Central America and Caribbean: The Market for Transformers, by Country, 2007 - 2011 (US$ Thousand) ............. 205 Central America and Caribbean: The Market for Transformers, by Country, 2007 - 2012 (% Change) .................... 206 Central America and Caribbean: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) ......... 207 Central America and Caribbean: The Market for Transformers, by Country, 2012 (MVA) ....................................... 208 Central America and Caribbean: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ... 209 Central America and Caribbean: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) ................................................................................................................................................................... 210 Central America and Caribbean: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) ................................................................................................................................................................... 211 Central America and Caribbean: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand) ........... 212 Central America and Caribbean: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) ........... 213
5.14 NORTH AMERICA ................................................................................................................................. 215 North America: The Market for Transformers, by Country, 2007 - 2011 (US$ Thousand) ....................................... 215 North America: The Market for Transformers, by Country, 2007 - 2012 (% Change) ............................................... 215 North America: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) .................................... 216 North America: The Market for Transformers, by Country, 2012 (MVA) ................................................................. 216 North America: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ............................. 217 North America: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) ............. 217 North America: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) ............... 218 North America: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand) ...................................... 218 North America: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand) ...................................... 219
5.15 OCEANIA ................................................................................................................................................ 221 Oceania: The Market for Transformers, by Country, 2007 - 2011 (US$ Thousand) .................................................. 221 Oceania: The Market for Transformers, by Country,2007 - 2012 (% Change) .......................................................... 221 Oceania: The Market for Transformers, by Country, by Type 2012 (US$ Thousand) .............................................. 222 Oceania: The Market for Transformers, by Country, 2012 (MVA) ............................................................................ 222 Oceania: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand) ........................................ 223 Oceania: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand) ........................ 223 Oceania: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand) .......................... 224 Oceania: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand)................................................. 224 Oceania: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand)................................................. 225
6. PRODUCTION ............................................................................................................................................... 227
The World Markets and Manufacturers of Transformers, 2012 - 2020
The Top 25 Producers of Transformers, 2012 (US$ Million) .................................................................................... 227
7. TRADE ANALYSIS ....................................................................................................................................... 229
7.1 TOP 25 EXPORTERS ............................................................................................................................. 229 The Top 25 Exporters of Power & Distribution Transformers, 2008 to 2010 (US$ Thousands) ................................ 229 The Top 25 Exporters of Transformers up to 650kVA 2008 to 2010 (US$ Thousands) ............................................ 230 The Top 25 Exporters of Transformers, 650 -10,000kVA 2008 to 2010 (US$ Thousands) ....................................... 231 The Top 25 Exporters of Transformers, over 10,000kVA 2008 to 2010 (US$ Thousands) ....................................... 232 The Top 25 Exporters of Dry Transformers, up to 500kVA 2008 to 2010 (US$ Thousands) .................................... 233 The Top 25 Exporters of Transformers over 500 kVA 2008 to 2010 (US$ Thousands) ............................................ 234
7.2 TOP 25 IMPORTERS .............................................................................................................................. 235 The Top 25 Importers of Power & Distribution Transformers, 2008 to 2010 (US$ Thousands) ................................ 235 The Top 25 Importers of Transformers up to 650kVA 2008 to 2010 (US$ Thousands) ............................................ 236 The Top 25 Importers of Transformers 650-10,000kVA 2008 to 2010 (US$ Thousands) ......................................... 237 The Top 25 Importers of Transformers over 10,000kVA 2008 to 2010 (US$ Thousands) ........................................ 238 The Top 25 Importers of Transformers up to 500kVA 2008 to 2010 (US$ Thousands) ............................................ 239 The Top 25 Importers of Transformers Over 500kVA 2008 to 2010 (US$ Thousands) ............................................ 240
7.3 EXPORT VALUES ................................................................................................................................. 241 The Top 25 Exporters of Transformers to Principal Destinations, Austria - Brazil, 2012 (US$ Thousand) .............. 241 The Top 25 Exporters of Transformers to Principal Destinations, Canada-Colombia, 2012 (US$ Thousand) .......... 242 The Top 25 Exporters of Transformers to Principal Destinations, Croatia- Finland 2012 (US$ Thousand) .............. 243 The Top 25 Exporters of Transformers to Principal Destinations, France- India 2012 (US$ Thousand) .................. 244 The Top 25 Exporters of Transformers to Principal Destinations, Italy- Mexico, 2012 (US$ Thousand) ................. 245 The Top 25 Exporters of Transformers to Principal Destinations, Netherlands- Portugal 2012 (US$ Thousand) ..... 246 The Top 25 Exporters of Transformers to Principal Destinations, S Korea-Sweden 2012 (US$ Thousand) .............. 247 The Top 25 Exporters of Transformers to Principal Destinations, Switzerland- USA, 2012 (US$ Thousand) .......... 248
7.4 EXPORT PERCENTAGES ..................................................................................................................... 249 The Top 25 Exporters of Transformers to Principal Destinations, Austria - Brazil, 2012 (%) .................................. 249 The Top 25 Exporters of Transformers to Principal Destinations, Canada-Colombia, 2012 (%) .............................. 250 The Top 25 Exporters of Transformers to Principal Destinations, Croatia- Finland 2012 (%) ................................... 251 The Top 25 Exporters of Transformers to Principal Destinations, France- India 2012 (%) ....................................... 252 The Top 25 Exporters of Transformers to Principal Destinations, Italy- Mexico, 2012 (%) ..................................... 253 The Top 25 Exporters of Transformers to Principal Destinations, Netherlands- Portugal 2012 (%) ......................... 254 The Top 25 Exporters of Transformers to Principal Destinations, S Korea-Sweden 2012 (%) .................................. 255 The Top 25 Exporters of Transformers to Principal Destinations, Switzerland- USA, 2012 (%) ............................... 256
7.5 IMPORT VALUES .................................................................................................................................. 257 Import Values By Importing Country, Algeria - Canada, 2012 (US$ Thousand) ....................................................... 257 Import Values By Importing Country, Chile - France, 2012 (US$ Thousand) ........................................................... 258 Import Values By Importing Country, Germany - Italy, 2012 (US$ Thousand)......................................................... 259 Import Values By Importing Country, Korea S - Mexico, 2012 (US$ Thousand) ...................................................... 260 Import Values By Importing Country Nigeria - Qatar, 2012 (US$ Thousand) ........................................................... 261 Import Values By Importing Country, Russia – South Africa, 2012 (US$ Thousand) ............................................... 262 Import Values By Importing Country, Spain - Turkey, 2012 (US$ Thousand) .......................................................... 263 Import Values By Importing Country, UAE - UK, 2012 (US$ Thousand) ................................................................. 264 Import Values By Importing Country, USA - Venezuela, 2012 (US$ Thousand) ...................................................... 265
7.6 IMPORT PERCENTAGES...................................................................................................................... 266 Import Values By Importing Country, Algeria - Canada, 2012 (%) ........................................................................... 266 Import Values By Importing Country, Chile - France, 2012 (%) ............................................................................... 267 Import Values By Importing Country, Germany - Italy, 2012 (%) ............................................................................. 268 Import Values By Importing Country, Korea S - Mexico, 2012 (%) .......................................................................... 269 Import Values By Importing Country Nigeria - Qatar, 2012 (%) ............................................................................... 270 Import Values By Importing Country, Russia – South Africa, 2012 (%) ................................................................... 271 Import Values By Importing Country, Spain - Turkey, 2012 (%) .............................................................................. 272 Import Values By Importing Country, UAE - UK, 2012 (%) ..................................................................................... 273 Import Values By Importing Country, USA - Venezuela, 2012 (%) .......................................................................... 274
7.7 TRANSFORMER COMPONENT TRADE ............................................................................................ 275 The Top 25 Exporters of Transformers to Principal Destinations, Austria - Brazil, 2010 ($).................................... 275 The Top 25 Exporters of Transformers to Principal Destinations, Canada-Colombia, 2010 ($) ............................... 276 The Top 25 Exporters of Transformers to Principal Destinations, Croatia- Finland 2010 ($) .................................... 277 The Top 25 Exporters of Transformers to Principal Destinations, France- India 2010 ($) ........................................ 278 The Top 25 Exporters of Transformers to Principal Destinations, Italy- Mexico, 2010 ($) ...................................... 279 The Top 25 Exporters of Transformers to Principal Destinations, Netherlands- Portugal 2010 ($) .......................... 280 The Top 25 Exporters of Transformers to Principal Destinations, S Korea-Sweden 2010 ($) ................................... 281 The Top 25 Exporters of Transformers to Principal Destinations, Switzerland- USA, 2010 ($) ................................ 282
8. APPENDICES ................................................................................................................................................. 283
The World Markets and Manufacturers of Transformers, 2012 - 2020
8.1 BACKGROUND COUNTRY INFORMATION ..................................................................................... 283 8.1.1 Europe ...................................................................................................................................................... 283
Europe: Basic Demographics and Power Loading, by Country .................................................................................. 283 Europe: Basic Demographics and Power Loading, by Country - continued ............................................................... 284
8.1.2 Africa ........................................................................................................................................................ 285 Africa: Basic Demographics and Power Loading, by Country ................................................................................... 285 Africa: Basic Demographics and Power Loading, by Country - continued ................................................................ 286
8.1.3 Asia .......................................................................................................................................................... 287 Asia: Basic Demographics and Power Loading, by Country ...................................................................................... 287 Asia: Basic Demographics and Power Loading, by Country - continued ................................................................... 288
8.1.4 South America .......................................................................................................................................... 289 South America: Basic Demographics and Power Loading, by Country ..................................................................... 289
8.1.5 North and Central America and Caribbean ............................................................................................. 290 North & Central America & Caribbean: Basic Demographics and Power Loading, by Country ............................... 290 North & Central America & Caribbean: Basic Demographics and Power Loading, by Country - continued ............. 291
8.1.6 Oceania .................................................................................................................................................... 292 Oceania: Basic Demographics and Power Loading, by Country ................................................................................ 292
8.2 EXCHANGE RATES .............................................................................................................................. 293 Exchange Rates for Major Currencies against US Dollar 2007-2012 ......................................................................... 293
8.3 ESTIMATED PRODUCTION BY COMPANY BY COUNTRY .......................................................... 295 Estimated Production by Company by Country Millions US Dollar 2012 ................................................................. 295
The World Markets and Manufacturers of Transformers, 2012 - 2020
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1. INTRODUCTION
1.1 OBJECTIVES AND SCOPE
The objective of this report is to provide a concise overview of the world transformer market. The report gives an estimate of the volume and value of transformer consumption in each national market, broken down by product category. For the purposes of this report the categories of transformers have been defined as follows:
Generator Transformers - defined as step-up transformers attached to power generation plants. The purpose of these transformers is to increase the voltage from alternator output to transmission level.
Transmission Transformers - defined as transformers installed in transmission sub-stations. For the purposes of this report, Transmission Transformers are further defined as generally in developing markets having a power handling capacity equal to, or greater than, 5MVA and in industrialised countries nearer 10MVA. Also know as system transformers, the purpose of these transformers is to step-down the voltage from transmission levels to sub-transmission and distribution levels.
Distribution Transformers - defined as transformers installed in distribution and consumer sub-stations. Distribution Transformers are further defined as generally having a power handling capacity of less than 5MVA.
These categories include all transformers with a power handling capacity exceeding 16kVA. Measuring transformers, instrument transformers or transformers for use in civil aircraft are not included in this report.
The scope for this report is world-wide - that is, every country having a significant transformer customer base. The report is designed to be used as a first line planning tool by companies interested in the global market for transformer products and as a screen on which to identify national markets worthy of further investigation.
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1.2 METHODOLOGY
Data in the markets report is presented in both millions of US dollars and in terms of power capacity (MVA). The salient points of the methodology are as follows:-
For the data presented in US dollars, the survey was based primarily on desk research, including a review of available published production and trade statistics. Import and export figures are calculated from national and United Nations’ figures for 2007 – 2011 the most comprehensive and up-to-date statistics available. Market values are assumed to be equal to Production + (Imports - Exports). National production estimates are based on statistics provided by national governments and trade associations. Market sizes for 2012 are estimated by analysing a range of economic indicators together with trends in trade flow and the pattern of market size growth over the period 2007-2011.
Market values for the period 2013 to 2020 have been estimated based on two separate methodologies. Firstly the past growth rate in market values for each country have been extrapolated and have been compared with general macro-economic indicators such as GDP, GDP growth and inputs to the value added for each economy. Secondly, the development of the electrical power system in each country has been studied to provide indications for future system growth, and hence transformer market growth.
The future MVA demand for each country has been forecast using the following method. The current year-on-year growth in installed capacity for each country has been tracked for the last 40 years. The development over the last ten years has been used as the basis for establishing the new MVA of generator capacity in each country for the period 2012 to 2020. To this new capacity has been added the power station capacity that is necessary to replace redundant or retired plant. Typical rates for this are based on 2.5% of the installed capacity in 1970 and 1975, yielding an assumed plant life of approximately 40 years. The new and replacement generator MVA has then been used as the basis for calculating the transmission and distribution transformer MVA over the forecast period.
Market values are at factory gate prices - they reflect the prices for the products by the importer and do not include trade mark-ups and installation costs. It should be noted that published classifications of products, especially with respect to trade statistics, are sometimes inaccurate, as products may be shipped under generic titles. It should also be noted that Goulden Reports chronicles shipments rather than contracts. A contract to supply goods over a number of years will not appear as a one-off event in a Goulden Report, but rather will be recorded from the trade statistics. The nature of the market means that demand within countries, especially developing ones, can fluctuate greatly from year to year as purchases are often made on a one-off basis rather than spread evenly over a number of years.
Within national markets, where published figures were unavailable to us, the breakdown between different product categories is based on intelligence about the pattern of consumption in the country concerned. In these cases the breakdown is made from an estimate of the Total market size rather than the value of the entire market being calculated from the individual product categories.
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4
Clients that have purchased previous editions of this report this edition contains a more detailed analysis of the market in each country. Market data by value, by MVA, by insulation type, by size, by end use and forecasts through to 2020 by value and by MVA are all included in this report.
We have also changed the source of trade data that has been in this report. Previous editions have used the Standard International Classification system, revision 3 - SITC Rev 3; in this edition the Harmonised System HS2002 has been used. This has allowed a greater depth of analysis of international trade by type of transformer; however the two systems are not interchangeable and purchasers comparing figures from this edition with previous reports will notice changes in figures for years 2002 to 2008. As a generalisation the levels of trade shown in this report are lower than in previous editions, primarily at the lower end of the range of transformers. In order to exclude smaller, out of scope, industrial transformers from previous editions a calculation was made to assess the size of this segment; whereas the HS classification provides a much clearer definition which allows an accurate assessment of transformers greater than 16kVA (the minimum practical pole top size) to be made.
Figures for non-UN countries are based on data obtained from individual countries and are consequently not necessarily comparable with UN-derived information. Clearly the report is only as accurate as the information upon which it draws - the sources are regarded as being the best and most comprehensive available.
The World Markets and Manufacturers of Transformers, 2012 - 2020
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2. SUMMARY
The global market for Transformers was valued at US$xxxx million in 2012.
The largest national market in 2012 was that of China, which was valued at US$xxxx million and which accounted for xx% of the overall world market.
The second largest national market was that of xxxxx (US$xxxx million) followed by xxxxx (US$xxxx million), xxxxx (US$xxxx million), xxxxx (US$xxxx million) and xxxxx (US$xxxx million).
The largest regional market for Transformers in 2012 was xxxxxx (US$xxxxx million) followed by xxxxx (US$xxxxx million) and xxxxxx (US$xxxxx million).
The largest producer in 2012 was xxxxx, with production Totalling US$xxxxx million.
Reported exports of Transformers Totalled US$xxxxxx million in 2011.
The largest exporter in 2011 was xxxxxx (US$xxxxx million), followed by xxxxx (US$xxxxx million) and Mexico (US$xxxxx million).
The largest importer in 2011 was xxxxxx (US$xxxxx million) followed by xxxxxx (US$xxxxx million) and xxxxxx (US$xxxxx million)
World demand in 2012 is estimated to be xxxxxxx MVA. The largest regional demand is in xxxxx with a requirement for xxxxxx MVA; followed by xxxxxx with xxxxxx MVA and xxxxxxx with xxxxx MVA.
In value terms the world market has grown by xxxx%cagr during the period 2007 to 2011. This however includes a period of much higher growth (…..%cagr from 2007 to 2009) which was then followed by a contraction in 2010 and 2011.
The estimates future growth by value (2012 US dollars) is estimated to be a little over xx% to 2015 and just under xx% during the period 2015 to 2020.
The gowth in global demand for transformers during the period 2007 to 2015 is estimated to be xxx% cagr, xxx% cagr 2007 to 2019 and xxx% 2011 to 2015.
xxxx and xxxx remain the leading manufacturers of Transformers, with a combined market share of just under xxx%; however their domination has decreased slightly. In the previous edition of this report ther combined share was estimated to be just over xxx%.
These three companies have all expanded their manufacturing capabilities in both India and China and yet it is from these two countries that other manufacturers are growing – commensurate with their home markets – to narrow the gap on the big three. The CG group (Crompton Greaves, Pauwels and Ganz) now have an estimated xxx% global share and the two largest Chinese manufacturers TBEA and Xian have xxx% and xxx% global share respectively.
The World Markets and Manufacturers of Transformers, 2012 - 2020
6
The dramatic increase in raw materials that have occurred in transformer oil, steel and copper have been a principal cause of the equally dramatic cagr figures that have been recorded during the period up to 2008; nevertheless there have been some very encouraging volume increases during that time and as we reported in the last edition of this report this was “the first time since the mid 1990’s transformer manufacturers are making healthy returns on the capital employed in manufacturing the equipment.”
The near global financial crisis from 2008 to date halted theis unbroken trend and 2009 saw an overall decline in the global market. Distribution transformer demand, especially in the developed world declined dramatically and larger scale projects involving transmission transformers have also been phased back. At present we estimate a more or less flat market with growth in some regions and contractions in others and it will be 2014 before the global market recovers to 2008 levels.
The World Markets and Manufacturers of Transformers, 2012 - 2020
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2.1 SUMMARY TABLES
Table 1
The Fastest Growing National Markets for Transformers 2008 - 2012 (US$ Thousand)
Country Market Size 2012 % Change 2008 - 2012
Cagr 2008-2012
Source: Goulden Reports and United Nations
Note: Only countries with market sizes greater than US$20 million are included in this section. Smaller markets may display significantly larger percentage changes.
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Table 2
The Fastest Growing National Markets for Transformers 2008 - 2012 (US$ Thousand)
Country Market Size 2008 Market Size 2012 % change
Source: Goulden Reports and United Nations
Note: Only countries with market sizes greater than US$20 million are included in this section. Smaller markets may display significantly larger percentage changes.
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Table 3
The Fastest Declining National Markets for Transformers 2008- 2012 (US$ Thousand)
Country Market Size 2012 % Change 2008 - 2012
Cagr 2008 - 2012
Source: Goulden Reports and United Nations
Note: Only countries with market sizes greater than US$1 million are included in this section. Smaller markets may display significantly larger percentage changes.
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Table 4
The Fastest Declining National Markets for Transformers 2008 - 2012 (US$ Thousand)
Country Market Size 2008 Market Size 2012 % Change 2008 - 2012
Source: Goulden Reports and United Nations
Note: Only countries with market sizes greater than US$1 million are included in this section. Smaller markets may display significantly larger percentage changes.
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Table 5
The Largest National Markets for Transformers 2012 (US$ Million)
Country Market Size 2012
Source: Goulden Reports and United Nations
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13
3. THE WORLD MARKET
Table 6
The World Market for Transformers, by Region, 2008 - 2012 (US$ Thousand)
Region 2008 2009 2010 2011 2012
Source: Goulden Reports and United Nations
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Table 7
The World Market for Transformers, by Region,2007/2012 (% Change)
Region 2007/2008 2008/2009 2009/2010 2010/2011 2011/2012
cagr
Source: Goulden Reports and United Nations
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Table 8
The World Market for Transformers, by Region, by Function Type 2012(US$ Thousand)
Region Generator Transmission Distribution Of Which -
Pole Top
Total
World
Source: Goulden Reports and United Nations
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Table 9
The World Market for Transformers, by Region, by Function Type 2012 (MVA)
Region Generation Transformers
Transmission Transformers
Distribution Transformers
Total
Source: Goulden Reports and United Nations
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Table 10
The World Market for Transformers, by Region, by Insulation Type 2012 (US$ Thousand)
Region Oil Filled Safety Fluid Cast Resin & Dry Types
Total
World
Source: Goulden Reports and United Nations
The World Markets and Manufacturers of Transformers, 2012 - 2020
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Table 11
The World Market for Transformers, by Region, by Size of Transformer 2012 (US$ Thousand)
Region 5kVA to
50kVA
50kVA to
500kVA
500kVA to
5MVA
5MVA to
50MVA
50MVA to
150MVA
Over
150MVA
Total
World
Source: Goulden Reports and United Nations
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Table 12
The World Market for Transformers, by Region, by End Use Customer 2012 (US$ Thousand)
Region Utility Organisations
Construction & Industry
Rail & Transport
Mining, Marine & Offshore
Total
World
Source: Goulden Reports and United Nations
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21
3.1 FORECAST WORLD MARKET 2013-2020
Table 13
The Forecast World Market for Transformers, by Region, 2013 - 2020 (US$ Thousand)
Region 2013 2014 2015 2020 Cagr 10-15
Cagr 15-20
Source: Goulden Reports
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Table 14
The Forecast World Market for Transformers, by Region, 2013 - 2020 (MVA Demand)
Region 2013 2014 2015 2020 Cagr 10-15 Cagr 15-20
Source: Goulden Reports
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4. THE WORLD’S MAJOR TRANSFORMER MANUFACTURERS
The figures in this section are from published annual company reports and other official sources. The figures are, however, designed to serve as a general overview – inaccuracies may occur as a result of exchange rate fluctuations or insufficient primary data.
Table 15
Leading Manufacturers’ Sales of Transformers 2012 (US$ Thousand)
Company Country Total Company Sales 2012
Transformer Sales 2012
Transformer % Of Sales
2012
Estimated World Market
Share %
ABB (inc Kuhlman) Switzerland
Aichi Japan
Alstom France
Baoding Baoling Co Ltd China
BHEL India
Cooper USA
Crompton-Pauwels Belgium
Daihen Japan
Fuji Japan
GE USA
Hitachi Japan
Howard USA
Meidensha Japan
Mitsubishi Japan
Nissin Japan
Schneider France
Siemens Germany
Takaoka Japan
TBEA China
Toshiba Japan
Xian China
Waukesha USA
Sub-Total
Other
Total
Source: Goulden Reports
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Table 16
Leading Manufacturers’ Sales of Transformers, per Region, 2012 (US$ Million)
Company Western Europe Eastern Europe & Former USSR
Africa Middle East
ABB (inc Kuhlman)
Aichi
Alstom
Baoding Baoling Co Ltd
BHEL
Cooper
Crompton-Pauwels
Daihen
Fuji
GE
Hitachi
Howard
Meidensha
Mitsubishi
Nissin
Schneider
Siemens
Takaoka
TBEA
Toshiba
Xian
Waukesha
Sub-Total
Other
Total
continued...
The World Markets and Manufacturers of Transformers, 2012 - 2020
25
Table 17
Leading Manufacturers’ Sales of Transformers, per Region, 2012 (US$ Million) - continued
Company Asia-Pacific North America South & Central America & Caribbean
Total
ABB (inc Kuhlman)
Aichi
Alstom
Baoding Baoling Co Ltd
BHEL
Cooper
Crompton-Pauwels
Daihen
Fuji
GE
Hitachi
Howard
Meidensha
Mitsubishi
Nissin
Schneider
Siemens
Takaoka
TBEA
Toshiba
Xian
Waukesha
Sub-Total
Other
Total
Source: Goulden Reports
The World Markets and Manufacturers of Transformers, 2012 - 2020
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4.1 TRANSFORMER INDUSTRY CONTACT DETAILS
4.2 ARGENTINA
Areva SA Avda Leandro N. Alem 896, Piso 5 Tel:+54 11 4891 9600 1001 Buenos Aires Fax:+54 11 4311 1040
CATCompania Argentina de Coronel Pagola 1308 Tel:+54 1 655 1077 Transformadores 1752 L. Delmirador Fax:+54 1 652 4876
Buenos Aires Faraday SAICF Parana 552 7th Piso
1017 Buenos Aires Siemens SA Calle No 122, 4785, Ruta 8, km 18 Tel:+54 11 47 38 71 00
Casilla de Correo 32 Fax:+54 11 47 38 71 71 1650 San Martin Prov. de Buenos Aires
Siemens SA Casilla de Correo 12 32 Tel:+54 11 43 40 84 00
1000 Buenos Aires Fax:+54 11 43 31 99 97 Tadeo Czerweny SA Republica 328 Tel:+54 404 82873
2252 Galvez Santa Fe Fax:+54 404 82873 Tavco M Rodriguez 202 Tel:+54 4253 4826
Quilmes 1879 Tobos Trans Electric SA Pern 590 - 7th Piso
1068 Buenos Aires VA Tech International Av Cordoba 1561, Piso 12 Tel:+54 1 815 3964 Argentina SA 1055 Buenos Aires Fax:+54 1 815 3968 WEG Equipamientos Moreno 794 Piso 7 Tel:+54 11 4334 1901 Electricos SA 1091 Buenos Aires Fax:+54 11 4335 6646
4.3 AUSTRALIA
ABB Power Transmission Pty Ltd PO Box 41 Tel:+61 7327 48111 Darra Fax:+61 7327 48298 Brisbane Queensland 4076
ABB Pty Ltd PO Box R 1406, Royal Exchange Tel:+61 2 9255 3999
Level 20, Gold Fields House Fax:+61 2 9255 3988 1 Alfred Street Sydney, NSW 2000
ABB Transmission and Power Transformer Division Tel: +61 2 9821 0145 Distribution Ltd PO Box 315 Fax: +61 2 9602 9192
Liverpool, NSW 2170 Areva Australia 35, Evans Road Tel: +61 7 3274 7700
The World Markets and Manufacturers of Transformers, 2012 - 2020
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FOLLOWS SIMILAR LISTING FOR EACH COUNTRY ALPHABETICALLY
ENDING WITH 4.66 VIETNAM
4.66 VIETNAM
ABB Transformers Ltd Milestone 9 Tel:+84 4 261 878 National Highway No 1 Fax:+84 4 261 880 Hoang Liet, Thanh Tri, Hanoi
ABB Vietnam Level 6, HITC Building Tel:+84 4 8333 828
Cau Giay, Tu Liem Fax:+84 4 8342 037 Hanoi
Areva Office 502, Metropole Centre Tel:+84 4 824 3053
56 Ly Thai To Fax:+84 4 824 7450 Hanoi
VA Tech International 163 Hai Ba Trung Street, 6th Floor Tel:+84 8 823 43 49
District 3 Fax:+84 8 5823 43 50 Ho Chi Minh City
--OOOOOOOO--
The World Markets and Manufacturers of Transformers, 2012 - 2020
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5. REGIONAL MARKETS
5.1 WESTERN EUROPE
Table 18
Western Europe: The Market for Transformers, by Country, 2007 - 2011 (US$ Thousand)
Country 2007 2008 2009 2010 2011
Austria
Belgium
Cyprus
Denmark
Finland
France
Germany
Greece
Iceland
Ireland
Italy
Luxembourg
Malta
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
United Kingdom
Total
Source: Goulden Reports and United Nations
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Table 19
Western Europe: The Market for Transformers, by Country, 2007 - 2012 (% Change)
Country 2007/2008 2008/2009 2009/2010 2010/2011 2011/2012 Cagr
Total
Source: Goulden Reports and United Nations
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Table 20
Western Europe: The Market for Transformers, by Country, by Type 2012 (US$ Thousand)
Country Generation Transformer
Transmission Transformer
Distribution Transformer
Of Which
Pole Top
Total
Austria
Belgium
Cyprus
Denmark
Finland
France
Germany
Greece
Iceland
Ireland
Italy
Luxembourg
Malta
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
United Kingdom
Source: Goulden Reports and United Nations
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Table 21
Western Europe: The Market for Transformers, by Country, 2012 (MVA)
Country Generation Transformers
Transmission Transformers
Distribution Transformers
Total
Total
Source: Goulden Reports and United Nations
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Table 22
Western Europe: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand)
Country Oil Filled Safety Fluid Cast Resin & Dry Types
Total
Total
Source: Goulden Reports and United Nations
The World Markets and Manufacturers of Transformers, 2012 - 2020
34
Table 23
Western Europe: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand)
Country 5kVA to
50kVA
50kVA to
500kVA
500kVA to
5MVA
5MVA to
50MVA
50MVA to
150MVA
Over
150MVA
Total
Source: Goulden Reports and United Nations
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35
Table 24
Western Europe: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand)
Country Utility Organisations
Construction & Industry
Rail & Transport
Mining, Marine & Offshore
Total
Total
Source: Goulden Reports and United Nations
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Table 25
Western Europe: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand)
Country 2013 2014 2015 2020 Cagr 10-15 Cagr 15-20
Total
Source: Goulden Reports and United Nations
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Table 26
Western Europe: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand)
Country 2013 2014 2015 2020 Cagr 10-15 Cagr 15-20
Total
Source: Goulden Reports and United Nations
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6. FOLLOWS SIMILAR LISTING FOR EACH REGION OF THE WORLD ENDING WITH OCEANIA BELOW
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39
5.15 Oceania
Table 27
Oceania: The Market for Transformers, by Country, 2007 - 2011 (US$ Thousand)
Country 2007 2008 2009 2010 2011
Australia
Fiji
New Caledonia
New Zealand
Papua New Guinea
Total
Source: Goulden Reports and United Nations
Table 28
Oceania: The Market for Transformers, by Country,2007 - 2012 (% Change)
Country 2007/2008 2008/2009 2009/2010 2010/2011 2011/2012 Cagr
Source: Goulden Reports and United Nations
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Table 29
Oceania: The Market for Transformers, by Country, by Type 2012 (US$ Thousand)
Country Generation Transformer
Transmission Transformer
Distribution Transformer
Of Which
Pole Top
Total
Source: Goulden Reports and United Nations
Table 30
Oceania: The Market for Transformers, by Country, 2012 (MVA)
Country Generation Transformers
Transmission Transformers
Distribution Transformers
Total
Source: Goulden Reports and United Nations
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Table 31
Oceania: The Market for Transformers, by Country, by Insulation 2012 (US$ Thousand)
Country Oil Filled Safety Fluid Cast Resin & Dry Types
Total
Source: Goulden Reports and United Nations
Table 32
Oceania: The Market for Transformers, by Country, by Size of Transformer 2012 (US$ Thousand)
Country 5kVA to
50kVA
50kVA to
500kVA
500kVA to
5MVA
5MVA to
50MVA
50MVA to
150MVA
Over
150MVA
Source: Goulden Reports and United Nations
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42
Table 33
Oceania: The Market for Transformers, by Country, by End Use Customer 2012 (US$ Thousand)
Country Utility Organisations
Construction & Industry
Rail & Transport
Mining, Marine & Offshore
Total
Source: Goulden Reports and United Nations
Table 34
Oceania: The Market for Transformers, by Country, 2013 to 2020 (US$ Thousand)
Country 2013 2014 2015 2020 Cagr 10-15 Cagr 15-20
Source: Goulden Reports and United Nations
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43
Table 35
Oceania: The Market for Transformers, by Country, 2013 to 2020 (MVA Demand)
Country 2013 2014 2015 2020 Cagr 10-15 Cagr 15-20
Source: Goulden Reports and United Nations
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7. PRODUCTION
Table 36
The Top 25 Producers of Transformers, 2012 (US$ Million)
Country Production % share
Source: Goulden Reports and United Nations
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47
8. TRADE ANALYSIS
8.1 TOP 25 EXPORTERS Table 37
The Top 25 Exporters of Power & Distribution Transformers, 2008 to 2010 (US$ Thousands)
Country 2008 to 2010 Av. Value 2010 % Total 2010
Source: Goulden Reports and United Nations
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Table 38
The Top 25 Exporters of Transformers up to 650kVA 2008 to 2010 (US$ Thousands)
Country 2008 to 2010 Av. Value 2010 % Total 2010
Source: Goulden Reports and United Nations
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49
Table 39
The Top 25 Exporters of Transformers, 650 -10,000kVA 2008 to 2010 (US$ Thousands)
Country 2008 to 2010 Av. Value 2010 % Total 2010
Source: Goulden Reports and United Nations
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Table 40
The Top 25 Exporters of Transformers, over 10,000kVA 2008 to 2010 (US$ Thousands)
Country 2008 to 2010 Av. Value 2010 % Total 2010
Source: Goulden Reports and United Nations
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Table 41
The Top 25 Exporters of Dry Transformers, up to 500kVA 2008 to 2010 (US$ Thousands)
Country 2008 to 2010 Av. Value 2010 % Total 2010
Source: Goulden Reports and United Nations
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Table 42
The Top 25 Exporters of Transformers over 500 kVA 2008 to 2010 (US$ Thousands)
Country 2008 to 2010 Av. Value 2010 % Total 2010
Source: Goulden Reports and United Nations
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53
8.2 TOP 25 IMPORTERS
Table 43
The Top 25 Importers of Power & Distribution Transformers, 2008 to 2010 (US$ Thousands)
Country 2008 to 2010 Av. Value 2010 % Total 2010
Source: Goulden Reports and United Nations
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Table 44
The Top 25 Importers of Transformers up to 650kVA 2008 to 2010 (US$ Thousands)
Country 2008 to 2010 Av. Value 2010 % Total 2010
Source: Goulden Reports and United Nations
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Table 45
The Top 25 Importers of Transformers 650-10,000kVA 2008 to 2010 (US$ Thousands)
Country 2008 to 2010 Av. Value 2010 % Total 2010
Source: Goulden Reports and United Nations
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Table 46
The Top 25 Importers of Transformers over 10,000kVA 2008 to 2010 (US$ Thousands)
Country 2008 to 2010 Av. Value 2010 % Total 2010
Source: Goulden Reports and United Nations
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57
Table 47
The Top 25 Importers of Transformers up to 500kVA 2008 to 2010 (US$ Thousands)
Country 2008 to 2010 Av. Value 2010 % Total 2010
Source: Goulden Reports and United Nations
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Table 48
The Top 25 Importers of Transformers Over 500kVA 2008 to 2010 (US$ Thousands)
Country 2008 to 2010 Av. Value 2010 % Total 2010
Source: Goulden Reports and United Nations
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8.3 EXPORT VALUES
Table 49
The Top 25 Exporters of Transformers to Principal Destinations, Austria - Brazil, 2012 (US$ Thousand)
Austria Belgium Brazil
Source: Goulden Reports and United Nations
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Table 50
The Top 25 Exporters of Transformers to Principal Destinations, Canada-Colombia, 2012 (US$ Thousand)
Table 51
The Top 25 Exporters of Transformers to Principal Destinations, Croatia- Finland 2012 (US$ Thousand)
Table 52
The Top 25 Exporters of Transformers to Principal Destinations, France- India 2012 (US$ Thousand)
Table 53
The Top 25 Exporters of Transformers to Principal Destinations, Italy- Mexico, 2012 (US$ Thousand)
Table 54
The Top 25 Exporters of Transformers to Principal Destinations, Netherlands- Portugal 2012 (US$ Thousand)
Table 55
The Top 25 Exporters of Transformers to Principal Destinations, S Korea-Sweden 2012 (US$ Thousand)
Table 56
The Top 25 Exporters of Transformers to Principal Destinations, Switzerland- USA, 2012 (US$ Thousand)
Source: Goulden Reports and United Nations
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8.4 EXPORT PERCENTAGES
Table 57
The Top 25 Exporters of Transformers to Principal Destinations, Austria - Brazil, 2012 (%)
Austria Belgium Brazil
Source: Goulden Reports and United Nations
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62
Table 58
The Top 25 Exporters of Transformers to Principal Destinations, Canada-Colombia, 2012 (%)
Table 59
The Top 25 Exporters of Transformers to Principal Destinations, Croatia- Finland 2012 (%)
Table 60
The Top 25 Exporters of Transformers to Principal Destinations, France- India 2012 (%)
Table 61
The Top 25 Exporters of Transformers to Principal Destinations, Italy- Mexico, 2012 (%)
Table 62
The Top 25 Exporters of Transformers to Principal Destinations, Netherlands- Portugal 2012 (%)
Table 63
The Top 25 Exporters of Transformers to Principal Destinations, S Korea-Sweden 2012 (%)
Table 64
The Top 25 Exporters of Transformers to Principal Destinations, Switzerland- USA, 2012 (%)
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8.5 IMPORT VALUES Table 65
Import Values By Importing Country, Algeria - Canada, 2012 (US$ Thousand)
Algeria Value Australia Value Canada Value
Source: Goulden Reports and United Nations
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64
Table 66
Import Values By Importing Country, Chile - France, 2012 (US$ Thousand)
Table 67
Import Values By Importing Country, Germany - Italy, 2012 (US$ Thousand)
Table 68
Import Values By Importing Country, Korea S - Mexico, 2012 (US$ Thousand)
Table 69
Import Values By Importing Country Nigeria - Qatar, 2012 (US$ Thousand)
Table 70
Import Values By Importing Country, Russia – South Africa, 2012 (US$ Thousand)
Table 71
Import Values By Importing Country, Spain - Turkey, 2012 (US$ Thousand)
Table 72
Import Values By Importing Country, UAE - UK, 2012 (US$ Thousand)
Table 73
Import Values By Importing Country, USA - Venezuela, 2012 (US$ Thousand)
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8.6 IMPORT PERCENTAGES Table 74
Import Values By Importing Country, Algeria - Canada, 2012 (%)
Algeria % Australia % Canada %
Source: Goulden Reports and United Nations
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66
Table 75
Import Values By Importing Country, Chile - France, 2012 (%)
Table 76
Import Values By Importing Country, Germany - Italy, 2012 (%)
Table 77
Import Values By Importing Country, Korea S - Mexico, 2012 (%)
Table 78
Import Values By Importing Country Nigeria - Qatar, 2012 (%)
Table 79
Import Values By Importing Country, Russia – South Africa, 2012 (%)
Table 80
Import Values By Importing Country, Spain - Turkey, 2012 (%)
Table 81
Import Values By Importing Country, UAE - UK, 2012 (%)
Table 82
Import Values By Importing Country, USA - Venezuela, 2012 (%)
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8.7 TRANSFORMER COMPONENT TRADE
Table 83
The Top 25 Exporters of Transformers to Principal Destinations, Austria - Brazil, 2010 ($)
Austria Belgium Brazil
Source: Goulden Reports and United Nations
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Table 84
The Top 25 Exporters of Transformers to Principal Destinations, Canada-Colombia, 2010 ($)
Table 85
The Top 25 Exporters of Transformers to Principal Destinations, Croatia- Finland 2010 ($)
Table 86
The Top 25 Exporters of Transformers to Principal Destinations, France- India 2010 ($)
Table 87
The Top 25 Exporters of Transformers to Principal Destinations, Italy- Mexico, 2010 ($)
Table 88
The Top 25 Exporters of Transformers to Principal Destinations, Netherlands- Portugal 2010 ($)
Table 89
The Top 25 Exporters of Transformers to Principal Destinations, S Korea-Sweden 2010 ($)
Table 90
The Top 25 Exporters of Transformers to Principal Destinations, Switzerland- USA, 2010 ($)
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69
9. APPENDICES
9.1 BACKGROUND COUNTRY INFORMATION
9.1.1 Europe
Table 91
Europe: Basic Demographics and Power Loading, by Country
Country Country Area
(sq.km)
Population (millions)
2010
GDP (US$ millions)
2010
GDP per Capita
(US$) 2010
Load (GWh)
2010
Average Load (kWh/capita)
2010
Albania 28,748 3.2 6,124 1913.75 5,399 1,687
Austria 83,859 8.1 251,456 31,044 55,092 6,801
Belarus 207,600 9.9 17,493 1,767 29,170 2,946
Belgium 30,519 10.3 302,217 29,341 78,819 7,652
Bosnia Herzegovina 51,129 4.1 6963 1,698 8,318 2,029
Bulgaria 110,912 7.8 18,859 2,418 32,713 4,194
Croatia 56,538 4.5 28,322 6,294 15,198 3,377
Czech Republic 78,864 10.2 85,438 8,376 55,328 5,424
Denmark 43,094 5.4 212,404 39,334 31,633 5,858
Estonia 45,100 1.4 8,383 5,988 6,358 4,541
Faeroe Islands 1,399 0.05 - - 205 4,100
Finland 338,145 5.2 161,549 31,067 78,578 15,111
France 551,500 59.7 1,747,973 29,279 414,699 6,946
Germany 356,733 82.6 2,400,655 29,064 512,905 6,210
Gibraltar 6 0.03 - - 97 3,233
Greece 131,957 10.7 173,045 16,172 47,416 4,431
Hungary 93,032 10.1 82,805 8,199 35,990 3,563
Iceland 103,000 0.3 8,813 29,377 7,692 25,640
Ireland 70,284 3.9 148,553 38,091 21,777 5,584
Italy 301,268 57.6 1,465,895 25,450 293,896 5,102
Latvia 64,600 2.3 9,671 4,205 5,829 2,534
Lithuania 65,200 3.5 18,213 5,204 10,172 2,906
continued...FOR EACH COUNTRY BY REGION
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9.1.2 Africa
9.1.3 Asia
9.1.4 South America
9.1.5 North and Central America and Caribbean
9.1.6 Oceania
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9.2 EXCHANGE RATES
Table 92
Exchange Rates for Major Currencies against US Dollar 2007-2012
Currency 2007† 2008† 2009* 2010* 2011* 2012*
Argentinean Peso 1 3.6 2.99 2.96 3.17 3.74
Australian Dollar 1.91 1.75 1.54 1.36 1.19 1.28
Austrian Schilling 15.12 See € See € See € See € See €
Belgian Franc 44.32 See € See € See € See € See €
Brazilian Real 2.09 2.78 3.12 2.93 1.84 2.01
British Pound 0.69 0.67 0.61 0.55 0.55 0.64
Canadian Dollar 1.54 1.53 1.4 1.3 1.07 1.14
Chinese Yuan 8.28 8.29 8.29 8.29 6.96 6.84
Czech Koruna 38.12 32.56 28.23 25.73 17.10 19.1
Danish Kroner 8.2 7.7 6.58 5.99 5.09 5.36
Dutch Guilder 2.42 See € See € See € See € See €
Egyptian Pound 3.88 4.66 5.91 6.24 5.49 5.60
Euro 1.1 1.04 0.89 0.81 0.68 0.72
Finnish Markka 6.53 See € See € See € See € See €
French Franc 7.21 See € See € See € See € See €
German Mark 2.15 See € See € See € See € See €
Greek Drachma 374.39 See € See € See € See € See €
Hong Kong Dollar 7.8 7.8 7.79 7.79 7.79 7.75
Indian Rupee 46.69 49 46.66 45.34 43.81 48.85
Indonesian Rupiah 10,321.92 8,621.80 8,592.80 8,945.80 9,684.9 10428.9
Irish Punt 0.86 See € See € See € See € See €
Israeli Shekel 4.15 4.98 4.55 4.49 3.59 3.93
Italian Lira 2,127.27 See € See € See € See € See €
Japanese Yen 120.08 123.52 115.98 108.17 103.47 93.61
Malaysian Ringgit 3.8 3.8 3.8 3.8 3.34 3.53
Mexican Peso 9.54 9.92 10.81 11.31 11.16 13.52
New Zealand Dollar 2.35 2.03 1.72 1.51 1.43 1.59
Nigerian Naiar 117.71 124.19 133.1 133.5 120.19 150.96
Norwegian Kroner 8.96 7.65 7.08 6.74 5.65 6.29
Polish Zloty 4.06 4.02 3.89 3.65 2.41 3.12
Portuguese Escudo 220.26 See € See € See € See € See €
Russian Rouble 28.72 31.43 30.7 28.81 24.87 31.82
Saudi Riyal 3.75 3.75 3.75 3.75 3.75 3.75
South African Rand 7.9 10.47 7.57 6.46 8.27 8.44
South Korean Won 1,289.12 1,220.10 1194.5 1150.9 1102.8 1279.01
Spanish Peseta 182.8 See € See € See € See € See €
Swedish Kroner 9.92 9.39 8.08 7.35 6.59 7.65
Swiss Franc 1.68 1.52 1.35 1.24 1.08 1.09
Taiwanese Dollar 32.71 34.02 34.48 33.47 31.56 33.07
Thai Baht 44.12 42.08 41.6 40.31 33.27 34.57
Turkish Lira 934,904 1,585,170 1.53 1.45 1.31 1.56
*Average rates January to December †Average Rates January to June Source: OANDA, HSBC Library and Goulden Reports
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73
9.3 ESTIMATED PRODUCTION BY COMPANY BY COUNTRY
Table 93
Estimated Production by Company by Country Millions US Dollar 2012
Country Company Power Transformer
Distribution Transformers
Special Transformers
2012 Production US$ Million
WESTERN EUROPE
Austria
Siemens - VATech
Trafomodern
Schrack
Others Belgium
Pauwels Denmark
ABB
Others Finland
ABB Oy - Power Transformers
Others
Continued…….
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74
FOLLOWS SIMILAR LISTING BY COUNTRY BY REGION DOWN TO AUSTRALIA
Country Company Power Transformer
Distribution Transformers
Special Transformers
2012 Production US$ Million
USA
Pauwels
GE
Cooper
Waukesha
Howard
ABB (Inc Kuhlman)
Others
Australia
Wilson Transformer Co Pty Ltd
Areva T&D
Schnieder
World