APO RESEARCH · REPORT
Phase Shifting Transformers
A phase-shifting transformer is a device for controlling the power flow through specific lines in a complex power transmission network. The basic function of a phase-shifting transformer is to change the effective phase displacement between the input voltage and the output voltage of a transmission line, thus controlling the amount of active power that can flow in the line.
Product & engineering
Understand the product.
A phase-shifting transformer is a device for controlling the power flow through specific lines in a complex power transmission network. The basic function of a phase-shifting transformer is to change the effective phase displacement between the input voltage and the output voltage of a transmission line, thus controlling the amount of active power that can flow in the line.
Phase shifting transformers (PST) are crucial components in the ongoing strive for improved AC network efficiency. Increasing amounts of transmitted energy push the networks to the limit, increasing the risk of network instability.
PSTs allow controlling the power flow in the transmission grid independently of the generation. By avoiding system overloads and instabilities protect transmission lines and HV equipment from thermal overload, improve transmission system stability and control the power flow between different networks, for parallel long distance overhead lines or for parallel cables.
PSTs are highly specialized pieces of equipment that require leading- edge design and manufacturing skills combined with stringent quality control. They are highly complex power transformers, with more windings and tap changers than traditional power transformers and a large number of connections between the three-phases.
Selected research
Industry Research
Phase Shifting Transformers Industry Research Report 2026
Market perspective
A phase-shifting transformer is a device for controlling the power flow through specific lines in a complex power transmission network. The basic function of a phase-shifting transformer is to change the effective phase displacement between the input voltage and the output voltage of a transmission line, thus controlling the amount of active power that can flow in the line.
Phase shifting transformers (PST) are crucial components in the ongoing strive for improved AC network efficiency. Increasing amounts of transmitted energy push the networks to the limit, increasing the risk of network instability.
PSTs allow controlling the power flow in the transmission grid independently of the generation. By avoiding system overloads and instabilities protect transmission lines and HV equipment from thermal overload, improve transmission system stability and control the power flow between different networks, for parallel long distance overhead lines or for parallel cables.
Read the full market overview
PSTs are highly specialized pieces of equipment that require leading- edge design and manufacturing skills combined with stringent quality control. They are highly complex power transformers, with more windings and tap changers than traditional power transformers and a large number of connections between the three-phases.
The main players in Phase Shifting Transformer market are Siemens, ABB, Tamini, Baoding Tianwei Baobian Electric and a few others. The top 3 are Siemens, ABB, Tamini with 93% market shares. Europe is the largest consumption place, with about 95% market shares.
Report Scope
This report quantifies the global Phase Shifting Transformers market in revenue (US$ million) and, where applicable, sales volume (Units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/Units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Phase Shifting Transformers.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Phase Shifting Transformers Market by Company
Siemens
ABB
Toshiba
Raychem RPG
SGB_SMIT
CG
Tamini
Baoding Tianwei Baobian Electric
Phase Shifting Transformers Segment by Type
Below 400 M VA
400 MVA-800 MVA
Over 800 MVA
Phase Shifting Transformers Segment by Application
Re-Distribute Power in Parallel Lines (Both Ends Are at Same Voltage Level)
Direct Power from One Voltage Level to Another (Auto-Transformer + PST)
Phase Shifting Transformers Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Phase Shifting Transformers market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Phase Shifting Transformers and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Phase Shifting Transformers.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Phase Shifting Transformers manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Phase Shifting Transformers by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Phase Shifting Transformers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Below 400 M VA
- 400 MVA-800 MVA
- Over 800 MVA
Applications
- Re-Distribute Power in Parallel Lines (Both Ends Are at Same Voltage Level)
- Direct Power from One Voltage Level to Another (Auto-Transformer + PST)
Companies covered
- Siemens
- ABB
- Toshiba
- Raychem RPG
- SGB_SMIT
- CG
- Tamini
- Baoding Tianwei Baobian Electric
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Phase Shifting Transformers by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Below 400 M VA
- 2.2.3 400 MVA-800 MVA
- 2.2.4 Over 800 MVA
- 2.3 Phase Shifting Transformers by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Re-Distribute Power in Parallel Lines (Both Ends Are at Same Voltage Level)
- 2.3.3 Direct Power from One Voltage Level to Another (Auto-Transformer + PST)
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Phase Shifting Transformers Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Phase Shifting Transformers Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Phase Shifting Transformers Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Phase Shifting Transformers Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Phase Shifting Transformers Production by Manufacturers (2021-2026)
- 3.2 Global Phase Shifting Transformers Production Value by Manufacturers (2021-2026)
- 3.3 Global Phase Shifting Transformers Average Price by Manufacturers (2021-2026)
- 3.4 Global Phase Shifting Transformers Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Phase Shifting Transformers Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Phase Shifting Transformers Manufacturers, Product Type & Application
- 3.7 Global Phase Shifting Transformers Manufacturers Established Date
- 3.8 Global Phase Shifting Transformers Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Siemens
- 4.1.1 Siemens Phase Shifting Transformers Company Information
- 4.1.2 Siemens Phase Shifting Transformers Business Overview
- 4.1.3 Siemens Phase Shifting Transformers Production, Value and Gross Margin (2021-2026)
- 4.1.4 Siemens Product Portfolio
- 4.1.5 Siemens Recent Developments
- 4.2 ABB
- 4.2.1 ABB Phase Shifting Transformers Company Information
- 4.2.2 ABB Phase Shifting Transformers Business Overview
- 4.2.3 ABB Phase Shifting Transformers Production, Value and Gross Margin (2021-2026)
- 4.2.4 ABB Product Portfolio
- 4.2.5 ABB Recent Developments
- 4.3 Toshiba
- 4.3.1 Toshiba Phase Shifting Transformers Company Information
- 4.3.2 Toshiba Phase Shifting Transformers Business Overview
- 4.3.3 Toshiba Phase Shifting Transformers Production, Value and Gross Margin (2021-2026)
- 4.3.4 Toshiba Product Portfolio
- 4.3.5 Toshiba Recent Developments
- 4.4 Raychem RPG
- 4.4.1 Raychem RPG Phase Shifting Transformers Company Information
- 4.4.2 Raychem RPG Phase Shifting Transformers Business Overview
- 4.4.3 Raychem RPG Phase Shifting Transformers Production, Value and Gross Margin (2021-2026)
- 4.4.4 Raychem RPG Product Portfolio
- 4.4.5 Raychem RPG Recent Developments
- 4.5 SGB_SMIT
- 4.5.1 SGB_SMIT Phase Shifting Transformers Company Information
- 4.5.2 SGB_SMIT Phase Shifting Transformers Business Overview
- 4.5.3 SGB_SMIT Phase Shifting Transformers Production, Value and Gross Margin (2021-2026)
- 4.5.4 SGB_SMIT Product Portfolio
- 4.5.5 SGB_SMIT Recent Developments
- 4.6 CG
- 4.6.1 CG Phase Shifting Transformers Company Information
- 4.6.2 CG Phase Shifting Transformers Business Overview
- 4.6.3 CG Phase Shifting Transformers Production, Value and Gross Margin (2021-2026)
- 4.6.4 CG Product Portfolio
- 4.6.5 CG Recent Developments
- 4.7 Tamini
- 4.7.1 Tamini Phase Shifting Transformers Company Information
- 4.7.2 Tamini Phase Shifting Transformers Business Overview
- 4.7.3 Tamini Phase Shifting Transformers Production, Value and Gross Margin (2021-2026)
- 4.7.4 Tamini Product Portfolio
- 4.7.5 Tamini Recent Developments
- 4.8 Baoding Tianwei Baobian Electric
- 4.8.1 Baoding Tianwei Baobian Electric Phase Shifting Transformers Company Information
- 4.8.2 Baoding Tianwei Baobian Electric Phase Shifting Transformers Business Overview
- 4.8.3 Baoding Tianwei Baobian Electric Phase Shifting Transformers Production, Value and Gross Margin (2021-2026)
- 4.8.4 Baoding Tianwei Baobian Electric Product Portfolio
- 4.8.5 Baoding Tianwei Baobian Electric Recent Developments
5 Global Phase Shifting Transformers Production by Region
- 5.1 Global Phase Shifting Transformers Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Phase Shifting Transformers Production by Region: 2021-2032
- 5.2.1 Global Phase Shifting Transformers Production by Region: 2021-2026
- 5.2.2 Global Phase Shifting Transformers Production Forecast by Region (2027-2032)
- 5.3 Global Phase Shifting Transformers Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Phase Shifting Transformers Production Value by Region: 2021-2032
- 5.4.1 Global Phase Shifting Transformers Production Value by Region: 2021-2026
- 5.4.2 Global Phase Shifting Transformers Production Value Forecast by Region (2027-2032)
- 5.5 Global Phase Shifting Transformers Market Price Analysis by Region (2021-2026)
- 5.6 Global Phase Shifting Transformers Production and Value, YOY Growth
- 5.6.1 North America Phase Shifting Transformers Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Phase Shifting Transformers Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Phase Shifting Transformers Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Phase Shifting Transformers Production Value Estimates and Forecasts (2021-2032)
6 Global Phase Shifting Transformers Consumption by Region
- 6.1 Global Phase Shifting Transformers Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Phase Shifting Transformers Consumption by Region (2021-2032)
- 6.2.1 Global Phase Shifting Transformers Consumption by Region: 2021-2026
- 6.2.2 Global Phase Shifting Transformers Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Phase Shifting Transformers Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Phase Shifting Transformers Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Phase Shifting Transformers Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Phase Shifting Transformers Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Phase Shifting Transformers Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Phase Shifting Transformers Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Phase Shifting Transformers Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Phase Shifting Transformers Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Phase Shifting Transformers Production by Type (2021-2032)
- 7.1.1 Global Phase Shifting Transformers Production by Type (2021-2032) & (Units)
- 7.1.2 Global Phase Shifting Transformers Production Market Share by Type (2021-2032)
- 7.2 Global Phase Shifting Transformers Production Value by Type (2021-2032)
- 7.2.1 Global Phase Shifting Transformers Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Phase Shifting Transformers Production Value Market Share by Type (2021-2032)
- 7.3 Global Phase Shifting Transformers Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Phase Shifting Transformers Production by Application (2021-2032)
- 8.1.1 Global Phase Shifting Transformers Production by Application (2021-2032) & (Units)
- 8.1.2 Global Phase Shifting Transformers Production Market Share by Application (2021-2032)
- 8.2 Global Phase Shifting Transformers Production Value by Application (2021-2032)
- 8.2.1 Global Phase Shifting Transformers Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Phase Shifting Transformers Production Value Market Share by Application (2021-2032)
- 8.3 Global Phase Shifting Transformers Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Phase Shifting Transformers Value Chain Analysis
- 9.1.1 Phase Shifting Transformers Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Phase Shifting Transformers Production Mode & Process
- 9.2 Phase Shifting Transformers Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Phase Shifting Transformers Distributors
- 9.2.3 Phase Shifting Transformers Customers
10 Global Phase Shifting Transformers Analyzing Market Dynamics
- 10.1 Phase Shifting Transformers Industry Trends
- 10.2 Phase Shifting Transformers Industry Drivers
- 10.3 Phase Shifting Transformers Industry Opportunities and Challenges
- 10.4 Phase Shifting Transformers Industry Restraints
11 Report Conclusion
12 Disclaimer
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