Dublin, Jan. 08, 2026 (GLOBE NEWSWIRE) -- The "Chile Transformer Market | Emerging Trends, Shares, Investment Opportunities and Competitive Intelligence" has been added to ResearchAndMarkets.com's offering.
The market is projected to grow at a CAGR of 6.9% in revenue and 6.7% in volume from 2025 to 2031, propelled by the integration of renewable energy into the national power grid. The Planificacion Energetica de Largo Plazo (PELP) 2023-2027 presents a roadmap to expand renewable capacity, modernize grids, and enhance transmission networks, aiming for full implementation by 2050.
The Chile transformer market has marked robust growth, spurred by increased power demand, integration of renewable energy, and continuous grid modernization. The energy-heavy mining sector, crucial to Chile's GDP, relies extensively on electricity for copper and lithium extraction, processing, and refining. This burgeoning production, particularly of lithium, necessitates medium- and high-voltage transformers for transmission voltage step-down, essential for mining operations and associated infrastructure.
Chile's infrastructure expansion, exemplified by Santiago's metro network development, has driven the need for traction substations and station transformers. Furthermore, Chile's dedication to energy transition is evident through the addition of renewable capacity facilitated by specialized transformers necessary for grid integration and stability.
From 2023 to 2032, Chile's investment in mining projects, including copper, demands extensive electrical infrastructure, intensifying the requirement for medium- and high-voltage transformers to support mining and industrial facilities. Moreover, ongoing projects like Oasis de Atacama and H2 Magallanes, alongside new transmission lines, are expected to drive demand for advanced transformers, ensuring strong market growth.
Chile Transformer Market Segmentation Analysis
Market Segmentation by Type - Distribution transformers are predicted to achieve the fastest growth, driven by renewable expansion, urbanization, and increasing electricity demand. They are vital to meeting growing residential, commercial, and industrial power needs, facilitating efficient energy delivery.
Market Segmentation by Rating - The up-to-5 MVA transformers are set to grow rapidly, fueled by decentralized solar and wind projects, distribution network investments, and urban electrification. Major growth is expected in the 100.1-315 kVA range due to urbanization and infrastructure expansion, pivotal for powering utilities and enhancing grid modernization.
Market Segmentation by Cooling System - Oil-immersed transformers are poised for growth, esteemed for their reliability and high load-handling capacity. Renewable projects, mining demands, and grid modernization underscore their position as a preferred choice.
Market Segmentation by Phase - 3-phase transformers will notably grow, driven by increasing renewable integration and grid modernization, valued for their efficiency and capacity in utility and industrial applications.
Market Segmentation by Application - The power utility segment is leading market growth, driven by infrastructure needs, rising demand, government programs, grid modernization, and renewable integration initiatives.
Key Attractiveness of the Report
- 10 Years Market Data
- Historical Data from 2021 to 2024
- Base Year: 2024
- Forecast Data until 2031
- Key Market Performance Indicators
- Upcoming Developments and Projects
Key Highlights of the Report:
- Chile Transformers Market Overview and Outlook
- Revenue and Volume Forecasting from 2021-2031
- Segmentation Analysis by Product, Rating, Cooling, Phase, and Application
- Competitive Landscape and Strategic Recommendations
Market Scope and Segmentation
- By Type: Power Transformer, Distribution Transformer, Instrument Transformer
- By Rating: Upto 5 MVA, 5.1-60 MVA, 60.1-100 MVA, Above 100 MVA
- By Cooling System: Dry, Oil Immersed
- By Phase: Single Phase, 3 - Phase
- By Application: Power Utility, Industrial, Commercial, Residential
Companies Featured
- Siemens Energy AG
- Schneider Electric SE
- GE Vernova Inc.
- Hitachi Energy Limited
- Rhona S.A.
- Efacec Power Solutions, S.A.
- Transformadores Tusan S.A.
- Toshiba International Corporation
- Trutech Products
- Eaton Corporation plc
- WEG Equipamentos Eletricos S.A.
For more information about this report visit https://www.researchandmarkets.com/r/k6iabs
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