Sweden Transformer Market (2025-2031) | Trends, Outlook, Share, Industry, Companies, Forecast, Value, Revenue, Analysis, Size, Segmentation & Growth

Market Forecast By Core (Closed, Shell, Berry), By Product (Power transformer, Distribution transformer, Instrument transformer, Others), By Winding (Two-winding, Auto-transformer), By Installation (Outdoor, Indoor), By Cooling (Dry type, Oil Immersed), By Insulation (Gas, Oil, Solid, Air, Others), By Phase (Single phase, 3 - phase), By Rating ( 10 MVA, 11 MVA to 60 MVA, 61 MVA to 600 MVA, > 600 MVA) And Competitive Landscape
Product Code: ETC4800610 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Sweden Transformer Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Sweden continued to rely on transformer imports from a diverse range of countries, with Italy, Germany, Spain, Ireland, and China leading the way. Despite the presence of key players, the market remained highly competitive with a low Herfindahl-Hirschman Index (HHI) concentration. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 4.33%, showcasing steady growth. However, there was a slight decline in growth rate from 2023 to 2024, with a -7.88% change. This fluctuation suggests potential shifts in market dynamics or external factors influencing the industry`s performance.

Transformer Market: Sweden vs Top 5 Major Economies in 2027 (Europe)


The Transformer market in Sweden is projected to grow at a negative growth rate of -0.00% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Transformer Market: Sweden vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Sweden Transformer Market Outlook
  • Market Size of Sweden Transformer Market, 2024
  • Forecast of Sweden Transformer Market, 2031
  • Historical Data and Forecast of Sweden Transformer Revenues & Volume for the Period 2021-2031
  • Sweden Transformer Market Trend Evolution
  • Sweden Transformer Market Drivers and Challenges
  • Sweden Transformer Price Trends
  • Sweden Transformer Porter`s Five Forces
  • Sweden Transformer Industry Life Cycle
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Core for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Closed for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Shell for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Berry for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Power transformer for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Distribution transformer for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Instrument transformer for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Winding for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Two-winding for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Auto-transformer for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Installation for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Outdoor for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Indoor for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Cooling for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Dry type for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Oil Immersed for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Insulation for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Gas for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Oil for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Solid for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Air for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Phase for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Single phase for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By 3 - phase for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By Rating for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By 10 MVA for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By 11 MVA to 60 MVA for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By 61 MVA to 600 MVA for the Period 2021-2031
  • Historical Data and Forecast of Sweden Transformer Market Revenues & Volume By > 600 MVA for the Period 2021-2031
  • Sweden Transformer Import Export Trade Statistics
  • Market Opportunity Assessment By Core
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Winding
  • Market Opportunity Assessment By Installation
  • Market Opportunity Assessment By Cooling
  • Market Opportunity Assessment By Insulation
  • Market Opportunity Assessment By Phase
  • Market Opportunity Assessment By Rating
  • Sweden Transformer Top Companies Market Share
  • Sweden Transformer Competitive Benchmarking By Technical and Operational Parameters
  • Sweden Transformer Company Profiles
  • Sweden Transformer Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Sweden Transformer Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Sweden Transformer Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Sweden Transformer Market Overview

3.1 Sweden Country Macro Economic Indicators

3.2 Sweden Transformer Market Revenues & Volume, 2021 & 2031F

3.3 Sweden Transformer Market - Industry Life Cycle

3.4 Sweden Transformer Market - Porter's Five Forces

3.5 Sweden Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F

3.6 Sweden Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F

3.7 Sweden Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F

3.8 Sweden Transformer Market Revenues & Volume Share, By Installation, 2021 & 2031F

3.9 Sweden Transformer Market Revenues & Volume Share, By Cooling, 2021 & 2031F

3.10 Sweden Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F

3.11 Sweden Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F

4 Sweden Transformer Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for electricity in Sweden

4.2.2 Growing focus on renewable energy sources

4.2.3 Government initiatives promoting energy efficiency and grid modernization

4.3 Market Restraints

4.3.1 High initial investment costs for transformer infrastructure

4.3.2 Regulatory challenges and compliance requirements

4.3.3 Limited availability of skilled workforce in the transformer industry

5 Sweden Transformer Market Trends

6 Sweden Transformer Market Segmentations

6.1 Sweden Transformer Market, By Core

6.1.1 Overview and Analysis

6.1.2 Sweden Transformer Market Revenues & Volume, By Closed, 2021-2031F

6.1.3 Sweden Transformer Market Revenues & Volume, By Shell, 2021-2031F

6.1.4 Sweden Transformer Market Revenues & Volume, By Berry, 2021-2031F

6.2 Sweden Transformer Market, By Product

6.2.1 Overview and Analysis

6.2.2 Sweden Transformer Market Revenues & Volume, By Power transformer, 2021-2031F

6.2.3 Sweden Transformer Market Revenues & Volume, By Distribution transformer, 2021-2031F

6.2.4 Sweden Transformer Market Revenues & Volume, By Instrument transformer, 2021-2031F

6.2.5 Sweden Transformer Market Revenues & Volume, By Others, 2021-2031F

6.3 Sweden Transformer Market, By Winding

6.3.1 Overview and Analysis

6.3.2 Sweden Transformer Market Revenues & Volume, By Two-winding, 2021-2031F

6.3.3 Sweden Transformer Market Revenues & Volume, By Auto-transformer, 2021-2031F

6.4 Sweden Transformer Market, By Installation

6.4.1 Overview and Analysis

6.4.2 Sweden Transformer Market Revenues & Volume, By Outdoor, 2021-2031F

6.4.3 Sweden Transformer Market Revenues & Volume, By Indoor, 2021-2031F

6.5 Sweden Transformer Market, By Cooling

6.5.1 Overview and Analysis

6.5.2 Sweden Transformer Market Revenues & Volume, By Dry type, 2021-2031F

6.5.3 Sweden Transformer Market Revenues & Volume, By Oil Immersed, 2021-2031F

6.6 Sweden Transformer Market, By Insulation

6.6.1 Overview and Analysis

6.6.2 Sweden Transformer Market Revenues & Volume, By Gas, 2021-2031F

6.6.3 Sweden Transformer Market Revenues & Volume, By Oil, 2021-2031F

6.6.4 Sweden Transformer Market Revenues & Volume, By Solid, 2021-2031F

6.6.5 Sweden Transformer Market Revenues & Volume, By Air, 2021-2031F

6.6.6 Sweden Transformer Market Revenues & Volume, By Others, 2021-2031F

6.7 Sweden Transformer Market, By Phase

6.7.1 Overview and Analysis

6.7.2 Sweden Transformer Market Revenues & Volume, By Single phase, 2021-2031F

6.7.3 Sweden Transformer Market Revenues & Volume, By 3 - phase, 2021-2031F

6.8 Sweden Transformer Market, By Rating

6.8.1 Overview and Analysis

6.8.2 Sweden Transformer Market Revenues & Volume, By ? 10 MVA, 2021-2031F

6.8.3 Sweden Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2021-2031F

6.8.4 Sweden Transformer Market Revenues & Volume, By > 600 MVA, 2021-2031F

6.8.5 Sweden Transformer Market Revenues & Volume, By > 600 MVA, 2021-2031F

7 Sweden Transformer Market Import-Export Trade Statistics

7.1 Sweden Transformer Market Export to Major Countries

7.2 Sweden Transformer Market Imports from Major Countries

8 Sweden Transformer Market Key Performance Indicators

8.1 Percentage of electricity generated from renewable sources in Sweden

8.2 Number of new energy efficiency projects initiated by the government

8.3 Investment in smart grid technologies in Sweden

8.4 Rate of adoption of digital transformation in the transformer industry

8.5 Number of transformer installations in key sectors such as renewable energy and manufacturing

9 Sweden Transformer Market - Opportunity Assessment

9.1 Sweden Transformer Market Opportunity Assessment, By Core, 2021 & 2031F

9.2 Sweden Transformer Market Opportunity Assessment, By Product, 2021 & 2031F

9.3 Sweden Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F

9.4 Sweden Transformer Market Opportunity Assessment, By Installation, 2021 & 2031F

9.5 Sweden Transformer Market Opportunity Assessment, By Cooling, 2021 & 2031F

9.6 Sweden Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F

9.7 Sweden Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F

9.7 Sweden Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F

10 Sweden Transformer Market - Competitive Landscape

10.1 Sweden Transformer Market Revenue Share, By Companies, 2024

10.2 Sweden Transformer Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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