Transformer manufacturers support electricity distribution by creating devices that modify voltage levels from one circuit to the other through electromagnetic induction.
Known as power transformers, the devices enable power generators to distribute power efficiently from the power stations to cities and industries.
Here are the top 6 power transformer manufacturers in the world.
General Electric (GE), an American multinational with annual revenues of about $100 billion, is one of the well-known transformer manufacturers in USA and the world.
The company is a leading producer of high voltage, network, distribution, auxiliary, substation, industrial, instrument as well as current and capacitive transformers.
GE devices are classified as dry-type encapsulated and enclosed, dry type vented, dry-type non ventilated, control power core and coil, power, secondary substation, and distribution.
In 2020, the company’s total revenue dropped to $79.6 billion from $95.2 in 2019.
Siemens, a German multinational with annual revenues of more than $90 billion, is the leading transformers manufacturer in Europe.
The company offers a range of transformers including HVDC transformers, phase shifting transformers, power transformers, and industrial transformers among others.
Some of the industries served by Siemens include oil & gas, mining, cement, automotive, aerospace, chemical, pharmaceutical, cranes, as well as food and beverage.
In 2020, Siemens’ revenue dropped to $64 billion from $98 billion in 2019.
Mitsubishi Electric, a Japanese multinational headquartered in Chiyoda City in Tokyo, Japan, is naturally one of the leading transformers manufacturers in the world.
The company that makes over $40 billion annually produces various types of transformers including gas insulated, recti-formers, substation, auto, traction, and step-up transformers.
Mitsubishi Electric’s 2020 revenues dropped to $42.4 billion from $42.9 billion in 2019.
With annual revenues of more than $30 billion, Toshiba – also a Japanese conglomerate that is based in Minato, Tokyo, is without a doubt a leading manufacturer of transformer.
Since 1894 when Toshiba manufactured its first power transformer, the company has grown into a global market leader with an installed base that covers 35 countries.
Toshibaoffers transformers with power ratings of between 69 kV and 765 kV and from 100 MVA to 800 MVA as well as 1,100+ MVA for custom orders.
In 2020, Toshiba’s revenues dropped to $31.4 billion from $33.9 billion in 2019.
Schneider Electric, which is based in France, is one of the major transformer makers in Europe with annual revenues of more than $25 billion.
Schneider Electric produces general purpose, industrial control, dry type, liquid, low voltage, instrument as well as three- and single-phase transformers.
The US is the biggest market for Schneider Electric, accounting for 40% of its customers. This is followed by India and France at 8% each, with the UK accounting for 5%.
In 2020, the company reported $28.7 billion in revenues down from $30.4 billion in 2019.
ABB (formerly ASEA Brown Boveri) is one of the top transformer manufacturers providing liquid-filled and dry-type transformers as well as full life-cycle support that includes replacement parts and components.
The Swedish–Swiss multinational also manufactures distribution, power, and special application transformers to a diverse range of clients across various industries.
The company made $28 billion in revenues in 2020.
