Energy & PowerJul 17, 2026

Hyundai Electric & Energy Systems Co., Ltd.

Company Profile Analysis

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Hyundai Electric & Energy Systems Co., Ltd. - Energy & Power showcase

Year Founded & Workforce

1976-12-31

Industry

Energy & Power

Services

Hyundai Electric & Energy Systems Co., Ltd. Overview

Company Headquarters: Seoul, South Korea

Founded: 1977

Company Overview: Hyundai Electric & Energy Systems Co., Ltd. is the subsidiary of Hyundai Heavy Industries Co. Ltd. and deals in power equipment, and power solutions. The company operates through four major business divisions including power solution, industrial solution, marine solution, and energy solution. Under these divisions, the company offers various products such as transformers, switchgears, motors, circuit breakers, AC drives, generators, supervision solutions including DCS and SCADA, rotating machines, and ship automation systems.

The company offers power transformers under its power solution category, which derive their applications from the substations and power plants. The company is involved in manufacturing extra-high-voltage transformers with wide specifications ranging up to 800 kV, and a total production capacity of up to 100,000 MVA, per year. Hyundai Electric & Energy System also offers other equipment of the substation such as gas insulated switchgears, and circuit breakers for the smooth operations of the transmission and distribution infrastructure. The company exports its power transformers to more than 70 countries, worldwide. The company has seven overseas branches, three R&D centers in China, Switzerland, and Hungary, and overseas corporate offices in four countries.

Strategy

Hyundai Electric & Energy Systems Co., Ltd. is a newly formed spin-off from its parent company, which is now operating as an individual entity. The company’s focus is on expanding in the potential markets as of now. The company has decided to open its manufacturing facilities in South Asian nations such as Thailand, where the government is supporting the industrialization. Also, the company plans to improve its revenue and sales by 2021, to become a strong entity in power transformer market

Company Snapshot

$2,381.7M

Revenue

1976-12-31

Founded

Seoul, South Korea

Headquarters

SWOT Analysis

Strengths

Strong brand position in the market
Offers power transformers to many end use industries
high-quality products and customer-centered service

Weaknesses

Declining sales from some segments such as parts and accessories
Recent spin-off is leading to share price decline

Opportunities

Joint venture and collaborations with power utilities
Increasing power generation from the renewable sources demand for more T&D infrastructure

Threats

Economic recession
Weakening domestic currency with respect to USD

Product Offering

Hyundai Electric & Energy Systems Co., Ltd.
- Power Transformer

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Hyundai Electric & Energy Systems Co., Ltd. as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Hyundai Electric & Energy Systems Co., Ltd.

Company Headquarters: Seoul, South Korea Founded: 1977 Company Overview: Hyundai Electric & Energy Systems Co., Ltd. is the subsidiary of Hyundai Heavy Industries Co. Ltd. and deals in power equipment, and power solutions. The company operates through four major business divisions including power solution, industrial solution, marine solution, and energy solution. Under these divisions, the company offers various products such as transformers, switchgears, motors, circuit breakers, AC drives, generators, supervision solutions including DCS and SCADA, rotating machines, and ship automation systems. The company offers power transformers under its power solution category, which derive their applications from the substations and power plants. The company is involved in manufacturing extra-high-voltage transformers with wide specifications ranging up to 800 kV, and a total production capacity of up to 100,000 MVA, per year. Hyundai Electric & Energy System also offers other equipment of the substation such as gas insulated switchgears, and circuit breakers for the smooth operations of the transmission and distribution infrastructure. The company exports its power transformers to more than 70 countries, worldwide. The company has seven overseas branches, three R&D centers in China, Switzerland, and Hungary, and overseas corporate offices in four countries.

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