Top 10 Transformer Company in Europe | Leaders & Innovators 2025

Code: MTA3889 Publication Date: Jun 2025

Top 10 Transformer Company in Europe

The market is anticipated to surpass USD 5.4 billion by 2031, growing at a CAGR of 5.4%.

Europe transformer market growth continues to surge due to the rising investments in renewable integration, electric mobility, and grid digitalization.

Countries across the region, such as Germany, France, and the UK have been investing massively in smart grid and EV charging infrastructure, leaving positive impact on the transformer demand. Transformers with IoT-enabled condition monitoring, and eco-friendly insulation fluids have been gaining popularity across the region, there higher adoption rate is estimated to help the market grow.

1.Siemens Energy

CompanySiemens Energy
HeadquartersMunich, Germany
Established Year2020 (as an independent entity; Siemens' history dates back to the 19th century) 
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Siemens Energy is a global leader in energy solutions, offering a comprehensive range of power transformers for transmission, distribution, and industrial applications. Its products are known for reliability, high efficiency, and advanced engineering.

2. ABB (Hitachi Energy)

CompanyABB (Hitachi Energy)
HeadquartersZurich, Switzerland
Established Year1988 (as ABB; Hitachi Energy partnership began in 2020) 
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ABB, now operating under Hitachi Energy for its power grid segment, is a top supplier of transformers and grid solutions. It supports power systems across the globe, combining Swiss precision with Japanese innovation.

3. Schneider Electric

CompanySchneider Electric
HeadquartersRueil-Malmaison, France
Established Year1836
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Schneider Electric is a global player in energy management and automation. The company manufactures distribution and power transformers and integrates smart grid technologies into its systems for improved energy efficiency.

4. GE Grid Solutions

CompanyGE Grid Solutions
HeadquartersParis, France
Established YearGrid Solutions business was formed in 2015 (GE’s European presence dates back over a century)
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GE Grid Solutions provides advanced grid equipment and services, including high-voltage transformers. The company supports utility and industrial sectors with innovation in digital grid and energy transition solutions.

5. SGB-SMIT Group

CompanySGB-SMIT Group
HeadquartersRegensburg, Germany
Established Year1913
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SGB-SMIT is one of Europe’s largest independent transformer manufacturers, producing power, distribution, and special-purpose transformers. It is known for high-quality German engineering and a global manufacturing footprint.

6. Končar Power Transformers Ltd.

CompanyKončar Power Transformers Ltd.
HeadquartersZagreb, Croatia
Established Year1948
WebsiteClick here 

Končar manufactures a wide range of transformers for domestic and international markets. The company emphasizes innovation and sustainability in its design and manufacturing processes.

7. Efacec Power Solutions

CompanyEfacec Power Solutions
HeadquartersPorto, Portugal
Established Year1948
WebsiteClick here 

Efacec is a major Portuguese manufacturer of power transformers and grid automation solutions. It serves markets in Europe, Africa, and the Americas with a strong focus on smart energy systems.

8. TMC Transformers

CompanyTMC Transformers
HeadquartersBusto Arsizio, Italy
Established Year2014 
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TMC specializes in dry-type transformers with applications in railways, renewables, and industrial systems. The company is recognized for its advanced resin technology and customization capabilities.

9. Trafo Elettro

CompanyTrafo Elettro
HeadquartersMilan, Italy
Established Year1969
WebsiteClick here 

This Italian manufacturer focuses on cast resin and oil-immersed transformers. With decades of experience, the company delivers tailor-made solutions for infrastructure and industrial clients.

10. ZTR (Zaporozhtransformator)

CompanyZTR (Zaporozhtransformator)
HeadquartersZaporozhye, Ukraine (operations in Europe and beyond)
Established Year1947
WebsiteClick here 

ZTR is a historical manufacturer of large power transformers, with a strong export footprint in Europe, the Middle East, and Asia. It supplies products to energy companies and grid operators worldwide.

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