Top Companies in Industrial Control Transformer Market | Key Players Forecast Report 2022-2028, Growth Analysis, Supply and Demand, Historical data, Company Size & Share | Comprehensive Report by Vantage Market Research

Industrial control transformers supply machine tool control devices with stepped-down voltages to isolate control circuits from all lighting and power circuits and enable the use of grounded or ungrounded circuits.

Top Companies in Industrial Control Transformer Market | Key Players Forecast Report 2022-2028, Growth Analysis, Supply and Demand, Historical data, Company Size & Share | Comprehensive Report by Vantage Market Research
industrial control transformer market

Market Overview:

The Global Industrial Control Transformer Market was valued at USD 848.1 Million in the year 2021 and is anticipated to reach a value of USD 1123.6 Million by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 4.8% over the forecast period. The transformer plays an essential role in the distribution of energy to the countries that can meet their energy efficiency target, as saving the point is the device's primary function. This device ensures that the end customer and the industries to which the power is supplied will be reliable and the quality is up to mark. An industrial control transformer, also known as an isolation transformer, provides effective voltage regulation; they are used to maintain the power constant and stability. The device is used for captive generation expansion optimization, load planning, and preventive maintenance of the load and voltage fluctuation. Many mechanical components are required for the device to be running. There is also a high risk of transformer failure by lightning transients.

The adoption of disruptive technologies, surge in the energy generation targets, and growing adoption of industrial control transformers across the industries are some growth factors driving the market expansion. Moreover, other factors expected to propel the market's growth during the forecast period include the increase in clean coal, the growing usage of coal resources, and the rising share of renewable energy resources. Besides, the key companies are dealing with the development in the market, to sum up, the opportunities offered in this industry.                                

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Some of the key players operating in the Industrial Control Transformer Market are listed below:

Company Name

Revenue in the US

  • MCI Transformer

<$5 Million

  • Rockwell Automation

$7 Billion

  • Emerson Electric Co

$18 Billion

  • Electric Hammond Power Solutions Inc

$270 Million

  • Foster Transformer Company

<$5 Million

  • Boardman Transformers

<$5 Million

  • Eaton

$19 Billion

  1. MCI Transformers

MCI Transformer Corporation specializes in magnetic component manufacturing of catalog and custom transformers. The company is headquartered at 150 Sanhedrin Cir, Willits, California, 95490, United States, and its website is www.mcitransformer.com. They provide a wide range of magnetics from power transformers, chokes, class 2 transformers, UL 60601-1 medical certified transformers, current, toroid, and AC & DC switch mode with configurations of horizontal and vertical pc board or chassis mount. They have been serving both large & small customers for over 50 years, and their products are UL, CSA, and TUV-CE certified. 

  1. Rockwell Automation Inc

Rockwell Automation produces industrial automation products. The company offers control systems, motor control devices, sensors, and industrial control panels and markets its products across the globe. The company is in Milwaukee, Wisconsin, the United States, and its website is www.rockwellautomation.com.

  1. Emerson Electric Co.

Founded in 1890, Emerson Electric Co. designs and manufactures electronic and electrical equipment, software, systems, and services. The company offers its products worldwide for industrial, commercial, and consumer markets through its network power, process management, industrial automation, climate technologies, and commercial and residential solutions divisions. The company is based in St. Louis, Missouri (USA), Emerson and its website is www.emerson.com.

  1. Electric Hammond Power Solutions

Founded in 1917 and headquartered in Guelph, Ontario, N1G 3W6, Canada, 4. Electric Hammond Power Solutions Inc. manufactures a range of standard & custom dry transformers. Also, the company services the utility market with oil-filled distribution transformers. In addition, Hammond Power serves original equipment manufacturers, capital projects, and the maintenance, repair, and overhaul market. The company's website is www.hammondpowersolutions.com.

  1. Foster Transformer Company

Established in 1937, Foster Transformer Company is a recognized world leader in the design and manufacture of transformers, inductors, power supplies, and related magnetic components and one of the largest suppliers and manufacturers of DC power supplies. Also, the company is one of the oldest transformer manufacturers. They have over 16,000 designs in their database and more than 200 designs that are UL and C-UL Listed or Recognized. Also, they have a selection of transformers certified to international safety standards. The company is based in Cincinnati, Ohio, the United States, and its website is www.foster-transformer.com.

  1. Broadman Transformers

Established in 1955 and based in Ulverston, Cumbria, LA12 9EE, United Kingdom, Boardman Transformers is the leading UK designer & producer of high-performance industrial, power, and control circuit transformers and monitoring relays and power supplies. Also, the company supplies a growing network of distributors, OEM, and end-user customers with the Control Circuit Transformers and allied products in the UK and worldwide. The company's website is www.boardman-transformers.co.uk.

  1. Eaton 

Founded in 1911, Eaton is a diversified power management company and a technology provider of electrical components and systems for power quality, distribution, etc. It is dedicated to improving the quality of life and protecting the environment for people everywhere. The company is headquartered at Eaton House, 30 Pembroke Road, Dublin, Leinster, Ireland, and the company's website is www.eaton.com.

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