Dry Type Transformer Market Size & Share, by Type (Dry Type Converter Transformer, Dry Type Rectifier Transformer); Technology (Cast Resin, Vacuum Pressure Impregnation); Rating (Less than 5 MVA, 5 MVA to 30 MVA, More than 30 MVA); End Use (Industries, Inner-City Substations, Underground Substations, Renewable Generation) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5176
  • Published Date: Aug 22, 2023
  • Report Format: PDF, PPT

Companies Dominating the Dry Type Transformer Landscape

    • Siemens AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • WEG Industries
    • Eaton Corporation
    • Schneider Electric SE
    • Bharat Heavy Electricals Limited
    • Virginia Transformer Corp
    • General Electric Company
    • Hyosung Heavy Industries
    • Hammond Power Solutions Inc.
    • ABB Ltd.
    • Hyundai Electric & Energy Systems Co., Ltd.

Browse Key Market Insights with Data Illustration:


In The News

  • In an effort to advance energy transition based on renewable sources Siemens AG and the International Renewable Energy Agency (IRENA) have signed a partnership agreement. This collaboration aims to support development goals and climate action initiatives.
  • WEG Industries recently announced that they have supplied their encapsulated dry type transformer, which has a capacity of 2.5 MVA to data center facilities located in Chile. This transformer is equipped with a protection enclosure box that operates at a voltage class of 24/1.1kV allowing WEG Industries to expand its presence in the industry.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 5176
  • Published Date: Aug 22, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the dry type transformer market are increased demand for reliable and efficient power supply, rising investments in the electricity transmission and distribution sector, and technological advancements in dry type transformer manufacturing.

The market size of dry type transformer is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Siemens AG, WEG Industries, Eaton Corporation, Schneider Electric SE, Bharat Heavy Electricals Limited, Virginia Transformer Corp, General Electric Company, and others.

The cast resin segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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