How big is the data center transformer market?

The global data center transformer market size was estimated at USD 7.77 billion in 2024 and is expected to reach USD 8.24 billion in 2025

What is the data center transformer market growth?

The data center transformer market is expected to grow at a compound annual growth rate of 6.3% from 2025 to 2030 to reach USD 11.21 billion by 2030

Which segment accounted for the largest data center transformer market share?

North America region dominated the data center transformer market with a share of over 37% in 2024. In North America, the data center transformer market is witnessing a trend toward increased adoption of energy-efficient and sustainable transformer technologies. This includes a growing preference for dry-type transformers due to their enhanced safety and reduced environmental impact.

Who are the key players in data center transformer market?

Some key players operating in the data center transformer market include ABB, Eaton, General Electric, Hitachi Energy, HYOSUNG HEAVY INDUSTRIES, Legrand, Mitsubishi Electric Corporation, Schneider Electric, SGB-SMIT Group, Siemens, Toshiba Corporation, Vertiv Group Corp., and Virginia Transformer Corp.

What are the factors driving the data center transformer market?

Several key factors are driving the data center transformer market. One of the primary drivers is the rapid expansion of data centers globally, fueled by the growing demand for cloud computing, big data analytics, and internet services. The increasing digitalization across industries, coupled with the rise of IoT (Internet of Things) and AI (Artificial Intelligence), has resulted in a surge of data processing and storage needs, necessitating more robust and efficient power infrastructure.