Romania Transformer Market (2024-2030) | Value, Industry, Size, Companies, Analysis, Trends, Outlook, Revenue, Forecast, Growth & Share

Topics Covered in Romania Transformer Market Report

Romania Transformer Market report thoroughly covers the market by Core, Product, Winding, application, Cooling, Rating and Phase. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Romania Transformer Market Synopsis

Romania Transformer Market has been growing steadily, and the market will attain major growth during the forecast period owing to the increased demand for energy and power from various sectors. The energy sector is one of the primary drivers of transformer demand in the country. Romania is a net exporter of electricity, and its energy consumption is expected to rise in the coming years, leading to an increase in the local transformer industry's growth. 

According to 6Wresearch, Romania Transformer Market size is anticipated to grow at a CAGR of 3.6% during 2024-2030. The electricity market is powered by the growing need for electricity. As Romania expands its infrastructure to meet new demands, the country's energy demand in the commercial and industrial sectors is expected to rise. This will necessitate more transformer gear to be produced. The country's abundance of natural resources such as oil, gas, and coal feeds about half of the electricity production sector in the country. However, Romania is also investing in renewable energy, which is expected to account for an increase in demand for transformer gear. These drivers have been driving the Romania Transformer Market Growth.

Though Romania's transformer market is growing, there are challenges the sector is likely to face. Firstly, the need to modernize and replace outdated infrastructure that threatens the country's power sector is one significant issue. Additionally, the country must tackle the issue of high transmission and distribution losses in its energy distribution networks, which is currently one of the highest in all of Europe. Lastly, there are significant challenges in the market from rising competition from innovative technologies and price pressures, which is a concern for small and medium enterprises in the industry.

Romania Transformer Industry: Key Players

The Romania transformer market is dominated by foreign multinational corporations, with competition from local small and medium enterprises as well. Some of the global multinationals include TrafoStar, Siemens, ABB, and Schneider Electric. Local transformers produced by SMEs are utilized throughout the country, especially in rural areas, although the quality of these transformers is often lower, consumers often look for cheaper prices with the installations led by these companies. Regional governments and distribution companies have also initiated tenders for the procurement of transformer gear, which offers a promising opportunity for local SMEs.

Transformer Market in Romania: Government Regulations

Over the years, the Romanian government has implemented regulations that affect the electrical transformer market. The country has regulations in place to ensure environmental and safety standards are met within the industry. The government regulates the production and distribution of low-voltage switching equipment. These safety regulations are overseen by the Romanian Regulatory Authority for Energy and are closely monitored by EU standards.

Market Segmentation by Product

According to Kapil, Senior Research Analyst, at 6Wresearch, power transformers are dominating the market due to emerging renewable energy projects and the modernization of power transmission and distribution networks. Distribution transformers, instrument transformers, and speciality transformers are also growing segments, mainly due to the increasing need for rural electrification, distributed energy resources, and electric vehicles.

Market Segmentation by Winding

The two-winding segment is the largest in the Romania transformer market, accounting for a significant share of the market. The two-winding transformer is used in a wide range of applications, including power plants, transmission, and distribution networks, and industrial sectors.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Romania Transformer Market Outlook
• Market Size of Romania Transformer Market, 2023
• Forecast of Romania Transformer Market, 2030
• Historical Data and Forecast of Romania Transformer Revenues & Volume for the Period 2020 - 2030
• Romania Transformer Market Trend Evolution
• Romania Transformer Market Drivers and Challenges
• Romania Transformer Price Trends
• Romania Transformer Porter's Five Forces
• Romania Transformer Industry Life Cycle
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Core for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Closed for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Shell for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Berry for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Product for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Power transformer for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Distribution transformer for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Instrument transformer for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Winding for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Two-winding for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Auto-transformer for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Residential & Commercial for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Utility for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Industrial for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Cooling for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Dry type for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Oil Immersed for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Insulation for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Gas for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Oil for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Solid for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Air for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Phase for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Single phase for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By 3 - phase for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By Rating for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By ? 10 MVA for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By 11 MVA to 60 MVA for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By 61 MVA to 600 MVA for the Period 2020 - 2030
• Historical Data and Forecast of Romania Transformer Market Revenues & Volume By > 600 MVA for the Period 2020 - 2030
• Romania Transformer Import Export Trade Statistics
• Market Opportunity Assessment By Core
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Winding
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Cooling
• Market Opportunity Assessment By Insulation
• Market Opportunity Assessment By Phase
• Market Opportunity Assessment By Rating
• Romania Transformer Top Companies Market Share
• Romania Transformer Competitive Benchmarking By Technical and Operational Parameters
• Romania Transformer Company Profiles
• Romania Transformer Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Core

• Closed
• Shell
• Berry

By Product

• Power Transformer
• Distribution Transformer
• Instrument Transformer
• Others

By Winding

• Two-Winding
• Auto-Transformer

By Application

• Residential & Commercial
• Utility
• Industrial

By Cooling

• Dry-Type
• Oil Immersed

By Phase

• Single Phase
• 3 – Phase

By Rating

• 10 MVA
• 11 MVA To 60 MVA
• 61 MVA To 600 MVA
• > 600 MVA

Romania Transformer Market (2024-2030): FAQs