According to a new market research report launched by Inkwood Research, the Global Dry-Type Transformer Marketis projected to rise around $7.93 billion in terms of revenue by 2028, with 6.25% of CAGR over the forecast period
Browse 61 market data Tables and 51 figures spread over 220Pages, along with in-depth analysis on Global Dry-Type Transformer Market by Type, Technology, Phase, Voltage, End-User & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Dry-Type Transformer Market Scenario
Dry-type transformers are magnetic systems in which windings and cores are reserved in a sealed tank that utilizes air as a cooling medium instead of oil or other liquids. The technologies equipped to produce these transformers are vacuum impregnation and cast resin. In recent years, it has gained popularity among the commercial, industrial, non-residential, and residential sectors. These transformers are available in 2 types, three-phase and single-phase, and mainly operate in low and medium ranges.
Factors such as, developments in new civil infrastructure, rise in electricity consumption, adoption of renewable energy sources, and aging distribution and transmission infrastructure are prime drivers propelling the global dry-type transformer market. However, limitations of oil-cooled transformers and the development of solid-state transformers (SSTS) are key restraints to the overall growth of the market.
The Global Dry-Type Transformer Market report provides data tables and includes charts and graphs for visual analysis.
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Market by Technology
- Vacuum Pressure Impregnated
- Cast Resin
Market by Type
- Dry-Type Rectifier Transformer
- Dry-Type Converter Transformer
Market by Voltage
Market by End-User
- Oil & Gas Industry
- Renewable Energy Generation
Market by Phase
– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2028, using estimated market values as the base numbers
– Key market trends across the business segments, regions and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2028
- POWER SP ZOO
- HITACHI LTD
- ABB LTD
- GENERAL ELECTRIC COMPANY
- FUJI ELECTRIC CO LTD
- HYUNDAI HEAVY INDUSTRIES CO LTD
- HYOSUNG HEAVY INDUSTRIES
- KIRLOSKAR ELECTRIC CO LTD
- WEG GROUP
- SCHNEIDER ELECTRIC SE
- CROMPTON GREAVES LIMITED
- BHARAT HEAVY ELECTRICALS LTD
- HAMMOND POWER SOLUTIONS INC
- TBEA CO LTD
- HANLEY ENERGY GCC
- SIEMENS AG
- EATON CORPORATION PLC
- VOLTAMP TRANSFORMERS LTD
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