Dry Type Transformer Market Size

  • Report ID: 5176
  • Published Date: Sep 11, 2025
  • Report Format: PDF, PPT

Dry Type Transformer Market Outlook:

Dry Type Transformer Market size was over USD 7.21 billion in 2025 and is poised to exceed USD 13.53 billion by 2035, witnessing over 6.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of dry type transformer is estimated at USD 7.63 billion.

Stricter safety and environmental regulations around the world are encouraging the adoption of dry-type transformers. The absence of flammable insulating oil in dry-type transformers reduces the risk of fires and environmental contamination, making them a preferred choice in areas where safety and compliance are paramount.

As sustainability becomes a central focus for many industries, including construction and infrastructure, dry-type transformers align with green building initiatives due to their lower environmental impact and energy efficiency. These transformers use air instead of oil as a cooling and insulating medium, which eliminates the possibility of oil leaking into the environment.


Dry Type Transformer Market Size

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of dry type transformer is estimated at USD 7.63 billion.

The global dry type transformer market size was more than USD 7.21 billion in 2025 and is anticipated to witness a CAGR of around 6.5%, crossing USD 13.53 billion revenue by 2035.

The Asia Pacific dry type transformer market will hold over 31% share by 2035, driven by growing need for reliable power transmission and increasing demand for electrical products.

Key players in the market include Siemens AG, WEG Industries, Eaton Corporation, Schneider Electric SE, Bharat Heavy Electricals Limited, Virginia Transformer Corp, General Electric Company, Hyosung Heavy Industries, Hammond Power SolutionsInc., ABB Ltd., Hyundai Electric & Energy Systems Co., Ltd.
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