Features
Top 10 Transformer Manufacturers
Leading transformer manufacturers in USA and globally.
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 10 transformer manufacturers in the world.
Top 10 transformer manufacturers
1. General Electric
General Electric (GE), an American multinational with annual revenues of about $100 billion, is one of the well-known power 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.
2. Siemens
Siemens, a German multinational with annual revenues of more than $90 billion, is the leading transformer 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.
3. Mitsubishi Electric
Mitsubishi Electric, a Japanese multinational headquartered in Chiyoda City in Tokyo, Japan, is naturally one of the leading electrical transformer 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.
4. Toshiba
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.
5. Schneider Electric
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.
6. ABB Ltd
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.
7. Hyundai Heavy Industries
Renowned as one of the principal heavy industries in the world, South Korean Hyundai Heavy Industries is well diversified into production of power transformers.
Indeed, Hyundai Heavy Industries is Asia’s leading transformer manufacturer.
The company uses advanced technology to create various types of transformers including dry-type, cast resin, oil immersed, and specialised transformers that are designed to meet the needs of its clienteles.
The company made $13.1 billion in revenues in 2020.
8. TBEA
Headquartered in Changji, China, TBEA is one of the oldest transformer makers in China. The company produces and distributes a range of apparatuses including transformers, cables, wires, and HV switches.
TBEA also offers inverter and energy solutions for the design, construction, repair, operation, and maintenance of photovoltaic electric and wind power plants.
The company’s annual output capacity for its projects exceeds 200 million kVA.
9. China XD Electric Co Ltd
Founded in 2008, China XD Electric Co Ltd., which is based in Xi’an, China, manufactures and distributes high quality power transmission, distribution and control apparatus.
These apparatuses include instrument transformer, HV switchgear substation, insulator, capacitor, lightening conductors, and electric reactors.
China XD Electric Co. is also involved in related engineering, trading, research, development, and testing businesses. The company trades in both domestic and foreign markets.
10. Jiangsu Huapeng
Jiangsu Huapeng, a family-owned transformer manufacturer, is China’s top manufacturer of transformer according to a study by the China Transformer Manufacturers Association.
Located in Liyang city, Jiangsu province Jiangsu Huapeng manufactures three-phase, pole-top, oil immersed, and dry type transformers.
The company focuses on the production of transformers with power ratings of up to 750kV, 1000MVA. It generates annual revenues of about $800 million.
The 10 Most Read Construction Stories of 2023
The ten biggest construction stories of 2023 that you shouldn't miss.
Road Curve Design and Construction
Everything you need to know about road curves.
The ABCs of Drainage Construction
Everything you need to know about construction of drains.