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Amorphous Core Transformers Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030

ID : MRU_116752 | Date : Feb, 2023 | Pages : 180 | Region : Global

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The report offers detailed coverage of Amorphous Core Transformers industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Amorphous Core Transformers by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The amorphous is a non-crystal substance created by rapidly freezing liquids of high temperature. Because there is no rule of atomic arrangement, the energy loss (hysteresis loss) is small when the flux of magnetic induction passes the iron core. In addition, eddy current loss is decreased because the thickness is approximately 0.03 mm, which is about 1/10 comparing with silicon steel. Therefore, the no load loss (eddy current loss and hysteresis loss) can be decreased to about 1/5 of silicon steel&s.
An amorphous core transformer is a highly efficient electrical transformer, which has a magnetic core comprised of ferromagnetic amorphous metal alloyed with a glass former. This ribbon of steel is wound to form the transformers core. The materials used in amorphous core transformers have high magnetic susceptibility, low coercivity and high electrical resistance.
The initial costs of an amorphous core transformer are higher than of a crystalline silicon steel core transformer: first, the amorphous material itself is more expensive than crystalline silicon steel and second, the saturation magnetic flux density of amorphous steel is lower than that of silicon steel. This means larger sizes of amorphous core transformers are required, which results in a higher cost per unit. However, the higher initial costs can be compensated by lower operating costs over the lifetime of the transformers due to their increased energy efficiency.
Hitachi is the leader with about 17% revenue market share in 2017. The leading companies own the advantages on better performance, more abundant product\'s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions\' unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

The report forecast global Amorphous Core Transformers market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.

First, this report covers the present status and the future prospects of the global Amorphous Core Transformers market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Hitachi
ABB
Siemens
Zhixin Electric
Vijai
CG Global
Howard Industries
STS
CREAT
BRG
Sunten
Eaglerise
Tianwei Group
ProlecGE
Kotsons
Yangdong Electric
Powerstar


At the same time, we classify Amorphous Core Transformers according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Oil-immersed
Dry-type
Market by Application
Factory
Building
Electric Pole
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Amorphous Core Transformers market for the forecast period 2023 - 2030?
• What are the driving forces in the Amorphous Core Transformers market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Amorphous Core Transformers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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