Report Description Table of Contents The data center transformer market was worth USD 2.2 billion in 2023 and will be worth USD 5.9 billion by 2030, growing at a CAGR of 10% during the forecast period. The Data Center Transformer market is inspired by the advancement of Data centers across the globe owing to the rising adoption of cloud computing solutions, big data analytics, and other digital services. Monthly traffic in the global data network is expected to reach 230 exabytes by 2027; each data center requires a constant and steady power supply. The transformers are very vital in as much as they ensure a motionless and reliable means of electrical power to these establishments. New trends include incorporating efficient, green transformers for use by data centers to conserve energy and attain high levels of sustainability. For instance, hyperscale data center suppliers are gradually shifting to transformers with amorphous core materials, which offer power density enhancement of up to 70% over existing options and can help to cut down overall power losses and contribute to the sector’s greening. A shift towards realizing energy efficiency and guaranteeing reliable power provision is anticipated to be an influential factor in the data center transformer market. The Data Center Transformer market has vast potential due to increasing prospects in the international data center market that is anticipated to expand at least at the compound annual growth rate of over 10% during 2023-2030. This growth is attributed to a growing and evolving cloud services market, the Internet of Things, and the fast-growing digital transformation of industries and businesses, including the need for dependable transformers to manage power. The latest innovations include smart transformers that assist the data centers in monitoring energy use and even predicting failure, reducing the time required to correct a problem. For instance, IoT sensors in transformers offer information on temperature and load alongside the general health status of transformers, indicating that operators can avoid failure occurrences. This direction towards smart power solutions allows suppliers to satisfy an ever-growing need for optimality and reliability of data center processes. Market Segmentation By Type: Liquid-Immersed Transformer Dry-Type Transformer By Cooling Type: Oil-Cooled Air-Cooled By Power Rating: Up to 1 MVA 1-10 MVA Above 10 MVA By Application: Step-Up Transformers Step-Down Transformers By End-User: Enterprise Data Centers Colocation Data Centers Hyperscale Data Centers Edge Data Centers By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA Segment Analysis for the Data Center Transformer Market By Type: Leading Segment: Liquid-Immersed Transformer Liquid-immersed transformers dominate the data center transformer market, accounting for over 65% of total market revenue. These transformers offer superior cooling efficiency, longer lifespan & higher power capacity, making them the preferred choice for large-scale and hyperscale data centers. Major players such as ABB and Siemens supply liquid-immersed transformers to cloud service providers like AWS and Google, where power demands exceed hundreds of megawatts. The segment is projected to grow at a CAGR of 7.5% over the next five years. Fastest-Growing Segment: Dry-Type Transformer Dry-type transformers are growing at a CAGR of 9.5%, driven by increased demand for safety and eco-friendly solutions in edge and colocation data centers. Dry-type transformers eliminate the risk of oil leaks & fire hazards, making them ideal for compact and indoor installations. For example, Schneider Electric's EcoDry transformer series has gained traction in small to mid-scale colocation data centers due to its lower maintenance costs and reduced environmental impact. By Cooling Type: Leading Segment: Oil-Cooled Transformers Oil-cooled transformers hold approximately 70% of the market share, as they provide higher efficiency & thermal stability needed for large-scale data centers. With the rise of hyperscale data centers consuming over 100 MW of power, oil-cooled transformers are essential for load balancing & uninterrupted operations. Amazon Web Services (AWS) and Microsoft Azure employ large-scale oil-cooled transformers in their data center power distribution networks. Fastest-Growing Segment: Air-Cooled Transformers Air-cooled transformers are growing at a CAGR of 10%, fueled by increasing edge data centers and modular colocation facilities that require space-efficient and eco-friendly solutions. These transformers are particularly in demand in urban areas where fire safety & emission regulations are strict. Google's edge data centers, for instance, have adopted air-cooled transformers in certain locations to comply with urban building codes and energy efficiency mandates. By Power Rating: Leading Segment: 1-10 MVA Transformers The 1-10 MVA segment dominates the market with a 45% share, as it serves mid-size & colocation data centers that require medium power capacities. These transformers are widely used in data centers operated by Equinix and Digital Realty, where the need for stable and scalable power distribution is crucial. Fastest-Growing Segment: Above 10 MVA Transformers Transformers above 10 MVA are growing at a CAGR of 12%, driven by the expansion of hyperscale data centers. Cloud providers such as Meta, Oracle Cloud, and Alibaba Cloud are deploying large-scale facilities exceeding 50 MW of power consumption, requiring high-capacity transformers for power-intensive workloads. The rapid adoption of AI & machine learning applications further fuels the demand for high-power transformers capable of sustaining 24/7 operations. By Application: Leading Segment: Step-Down Transformers Step-down transformers hold a market share of over 70%, as they are essential in delivering stable voltage levels from high-voltage grids to data centers. These transformers are used by data center operators such as IBM & NTT Communications, ensuring reliable power distribution while minimizing energy losses. Fastest-Growing Segment: Step-Up Transformers Step-up transformers are growing at a CAGR of 10.5%, primarily due to the rise in on-site renewable energy integration in data centers. Many hyperscale players, including Google & Facebook, are investing in solar and wind farms to power their data centers, requiring step-up transformers to efficiently transmit electricity to the facility’s power distribution system. By End-User: Leading Segment: Hyperscale Data Centers Hyperscale data centers account for 50% of the market, driven by the rapid expansion of Amazon, Microsoft & Google Cloud facilities. These companies require high-voltage power distribution systems, relying heavily on liquid-immersed and oil-cooled transformers for stability and efficiency. The segment is projected to expand at a CAGR of 9%, fueled by increasing cloud adoption and AI-driven workloads. Fastest-Growing Segment: Edge Data Centers Edge data centers are experiencing the highest growth at a CAGR of 13%, driven by 5G rollout, IoT, and real-time data processing needs. Edge facilities require compact, energy-efficient transformers such as air-cooled and dry-type models. Companies like Schneider Electric & Eaton are investing in microgrid-compatible transformers to support the decentralized power needs of edge infrastructure. By Region: Leading Region: North America North America holds the largest market share of 40%, driven by large-scale investments in hyperscale and colocation data centers. The United States. alone has over 2,700 data centers, with Silicon Valley, Northern Virginia, and Texas being major hubs for power-intensive facilities. Government regulations which promote energy efficiency, such as the U.S. Department of Energy's energy conservation standards, also drive transformer innovations in this region. Fastest-Growing Region: Asia Pacific APAC is growing at a CAGR of 12.5%, fueled by expanding cloud infrastructure in China, India, and Southeast Asia. Countries like India, supported by the “Digital India” initiative, are witnessing a surge in colocation & hyperscale data centers. Major cloud providers such as Alibaba Cloud, Tencent, and Huawei Cloud are investing heavily in next-generation power distribution systems, increasing the demand for energy-efficient transformers. Data Center Transformer Market Key Players ABB Ltd. Siemens AG Schneider Electric General Electric Eaton Corporation Mitsubishi Electric Corporation Toshiba Corporation Hitachi Energy Legrand CG Power and Industrial Solutions Data Center Transformer Market Report Coverage Report Attribute Details Forecast Period 2023 – 2030 Market Size Value in 2023 USD 2.2 billion Revenue Forecast in 2030 USD 5.9 billion Overall Growth Rate CAGR of 10% Base Year for Estimation 2022 Historical Data 2017 – 2022 Unit USD Billion, CAGR (2023 - 2030) Segmentation By Type, By Cooling Type, By Power Rating, By Application, By End-User, By Region By Type Liquid-Immersed Transformer, Dry-Type Transformer By Cooling Type Oil-Cooled, Air-Cooled By Power Rating Up to 1 MVA, 1-10 MVA, Above 10 MVA By Application Step-Up Transformers, Step-Down Transformers By End-User Enterprise Data Centers, Colocation Data Centers, Hyperscale Data Centers, Edge Data Centers By Region North America, Europe, Asia Pacific, LAMEA Country Scope US, Mexico, Canada, Germany, UK, France, China, Japan, India, etc. Pricing and Purchase Options Avail customized purchase options to meet your exact research needs. Frequently Asked Question About This Report Which application had the largest Data Center Transformer Market share? The hyperscale data centers segment holds the largest share, as these facilities require robust and efficient power distribution systems to manage substantial computational loads and ensure operational reliability. What are the key factors driving the growth of the Data Center Transformer Market? Global data center expansion, driven by cloud computing, big data, and digital services, along with a focus on energy optimization, fuels the demand for efficient transformers. How big is the Data Center Transformer Market? The data center transformer market was valued at USD 2.2 billion in 2023 and is projected to reach USD 5.9 billion by 2030, growing at a CAGR of 10% during the forecast period. Who are the major players in the Data Center Transformer Market? Key players include ABB Ltd., Siemens AG, Schneider Electric, General Electric, and Eaton Corporation. Which region held the largest Data Center Transformer Market share? North America leads the market, driven by a high concentration of data centers and a strong emphasis on energy efficiency and sustainability in data center operations. . Table of Contents 1. DATA CENTER TRANSFORMER MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. DATA CENTER TRANSFORMER MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – DATA CENTER TRANSFORMER MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Type of Data Center Transformer and End Use Outlook Analysis 4. HISTORIC TRENDS IN DATA CENTER TRANSFORMER MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA DATA CENTER TRANSFORMER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America Data Center Transformer Historical Market ($MILLION), (2017 – 2023) 6.2. North America Data Center Transformer Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 6.3.1. Liquid-Immersed Transformer 6.3.2. Dry-Type Transformer 6.4. North America Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Power Rating 6.4.1. Up to 1 MVA 6.4.2. 1-10 MVA 6.4.3. Above 10 MVA 6.5. North America Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 6.5.1. Step-Up Transformers 6.5.2. Step-Down Transformers 6.6. North America Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 6.6.1. Enterprise Data Centers 6.6.2. Colocation Data Centers 6.6.3. Hyperscale Data Centers 6.6.4. Edge Data Centers 6.7. North America Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA DATA CENTER TRANSFORMER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE DATA CENTER TRANSFORMER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe Data Center Transformer Historical Market ($MILLION), (2017 – 2023) 8.2. Europe Data Center Transformer Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 8.4. Europe Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Power Rating 8.5. Europe Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 8.6. Europe Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 8.7. Europe Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC DATA CENTER TRANSFORMER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC Data Center Transformer Historical Market ($MILLION), (2017 – 2023) 9.2. APAC Data Center Transformer Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 9.4. APAC Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Power Rating 9.5. APAC Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), ByApplication 9.6. APAC Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 9.7. APAC Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA DATA CENTER TRANSFORMER MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America Data Center Transformer Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America Data Center Transformer Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 10.4. Latin America Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Power Rating 10.5. Latin America Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), ByApplication 10.6. Latin America Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 10.7. Latin America Data Center Transformer Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. ABB LTD. 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Siemens AG 11.3. Schneider Electric 11.4. General Electric 11.5. Eaton Corporation 11.6. Mitsubishi Electric Corporation 11.7. Toshiba Corporation 11.8. OTHER MARKET PLAYERS