- In February 2025, Arteche has launched the URNR-TR-36, a dry-type outdoor voltage transformer designed to withstand VFTO, ferroresonance, and harmonics, ensuring high durability. This strengthens Arteche’s position in the SSVT market by offering a reliable, VFTO-resistant solution with advanced insulation and international compliance, enhancing its credibility among utilities and industrial operators
- In April 2024, Hitachi Energy is investing over USD 1.5 billion to expand global transformer manufacturing by 2027, including a USD 180 million facility in Finland. This enhances production capacity, strengthens market leadership, and meets growing demand for high power voltage instrument transformers while advancing digitalization, sustainability, and innovation
- In November 2021, Sieyuan Electric has supplied its first power transformer to Celsia Energía for the 115 kV Zarzal Substation project in Colombia, paving the way for additional deliveries. This milestone reinforces Sieyuan Electric’s presence in the Latin American market and boosts its reputation in high-voltage equipment supply, potentially driving demand for its Station Service Voltage Transformers (SSVTs) in future substation projects
- In September 2019, Končar – Instrument Transformers has supplied 24 high-voltage instrument transformers (525 kV) for Malaysia’s largest gas combined thermal power plant, commissioned by GE Grid Solutions. Developed by Tenaga Nasional Berhad (TNB), the plant will begin operations in 2021, meeting 10% of the country’s electricity demand. This milestone enhances KONČAR’s expertise in High Power Voltage Instrument Transformers, expanding its global presence, strengthening industry partnerships, and solidifying its role as a trusted supplier for large-scale energy projects in Southeast Asia
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.
- The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, North America versus Country and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
