Dry-Type Transformer Market, By Voltage (Low Voltage, and Medium Voltage), By Type (Power Transformer, and Distribution Transformer), By End-Phase (Single Phase, and Three Phase), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI396220 | Publish Date: April 2024 | No. of Pages: 180

Global DryType Transformer Market By Overview

Dry-type transformers, also known as cast resin transformers, is a type of transformer that never usages any insulating liquid where it’s windings and core are kept within a sealed tank that is pressurized with air. This makes the installation process easier because dryness and do not require cooling oil. Also, they do not need to be contained in a fire-proof vault. This Dry-type transformer is used in a wide variety of Types and can be installed indoors or outdoors there is a range of transformers, including liquid-type transformers but the dry-type transformer t are more economical, they pack important safety features, and they are more efficient in dry-type transformers.

Global DryType Transformer Market By Dynamics

Increasing demand for electricity is a major factor driving the growth for the target market. For instance, according to IEA ORG global electricity demand raises at 2.1% per year to 2040. Additionally, growth in the absorption of renewable-based power generation factor drives the market during the forecast period. for instance, according to IEA ORG Electricity generation from renewables continued to raise in 2018 with output up by 450 terawatt-hours (TWh) around 7% compared to the previous year. Furthermore, the benefit of dry-type transformers such as moisture-proof and which make it suitable for use near building Types and better efficiency offers over a low voltage, eco-friendly, and safety advantages led to increasing the demand for a target market. However, the booming oil and gas and chemicals sectors, create demand due to need of hazard-free operational environment, led to offer plenty of opportunities for the target market.

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Global DryType Transformer Market By Segmentation

Dry-type transformer market is segmented based on by voltage, by type, by end-phase and region.

 By voltage the dry-type transformer market is classified into low voltage, and medium voltage. By type, the dry-type transformer market is classified into a power transformer and distribution transformer. By End-Phase the global Dry-Type Transformer market is classified into a single-phase and three-phase.

By region, North America is expected to domination the market. Owing to constant rising restoration demand for existing grid networks across the nation. Additionally some favourable regulatory for safety improvements of network sustainability coupled with the rapid deployment of smart monitoring and control units lead to drive the growth for the target market.

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Dry-Type Transformer Market, By Voltage:

  • Low Voltage
  • Medium Voltage

 Dry-Type Transformer Market, By Type:

  • Power Transformer
  • Distribution Transformer

Dry-Type Transformer Market, By End-Phase:

  • Single Phase
  • Three Phase

Dry-Type Transformer Market, By Region:

  • North America
    • Middle East & Africa
      • Middle East & Africa Dry-Type Transformer  Market, By Voltage
      • Middle East & Africa Dry-Type Transformer  Market, By Type
      • Middle East & Africa Dry-Type Transformer  Market, By End-Phase
      • Middle East & Africa Dry-Type Transformer  Market, By Country
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
      • Latin America Dry-Type Transformer  Market, By Voltage
      • Latin America Dry-Type Transformer  Market, By Type
      • Latin America Dry-Type Transformer  Market, By End-Phase
      • Latin America Dry-Type Transformer  Market, By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
      • Asia Pacific Dry-Type Transformer  Market, By Voltage
      • Asia Pacific Dry-Type Transformer  Market, By Type
      • Asia Pacific Dry-Type Transformer  Market, By End-Phase
      • Asia Pacific Dry-Type Transformer  Market, By Country
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
      • Europe Dry-Type Transformer  Market, By Voltage
      • Europe Dry-Type Transformer  Market, By Type
      • Europe Dry-Type Transformer  Market, By End-Phase
      • Europe Dry-Type Transformer  Market, By Country
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • North America Dry-Type Transformer  Market, By Voltage
    • North America Dry-Type Transformer  Market, By Type
    • North America Dry-Type Transformer  Market, By End-Phase
    • North America Dry-Type Transformer  Market, By Country
      • U.S.
      • Canada

Global DryType Transformer Market By Key Players

The key players operating the global Dry-Type Transformer market include Siemens AG, Schneider Electric SE, TBEA, Hyundai Heavy Industries Co. Ltd, Hammond Power Solutions, Crompton Greaves Limited, ABB Ltd., and Eaton Corporation. The key players in the market are focusing on improving production facilities. For instance, Siemens has completed the innovative ceremony for their advanced Guangzhou distribution transformer factory, is new factory will apply “Industry 4.0” standard and converted a Siemens model factory in the global distribution transformer field.

Global DryType Transformer Market By Company Profile

  • Siemens AG
    • Company Overview
    • Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Schneider Electric SE
  • TBEA
  • Hyundai Heavy Industries Co. Ltd
  • Hammond Power Solutions
  • Crompton Greaves Limited
  • ABB Ltd.,

“*” marked represents similar segmentation in other categories in the respective section

Global DryType Transformer Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Dry-Type Transformer  Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Voltage
      • Market Snippet, By Type
      • Market Snippet, By End-Phase
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Voltage, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Low Voltage
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Medium Voltage
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Market Segmentation, By Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Power Transformer
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Distribution Transformer
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Market Segmentation, By End-Phase, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Single Phase
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Three Phase
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Global Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Voltage, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-Phase, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Voltage, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-Phase, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Voltage, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-Phase, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Voltage, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-Phase, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Voltage, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-Phase, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profile
  • Siemens AG
    • Company Overview 
    • Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Schneider Electric SE
  • TBEA
  • Hyundai Heavy Industries Co. Ltd
  • Hammond Power Solutions
  • Crompton Greaves Limited
  • ABB Ltd. 

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FAQs

Dry-Type Transformer Market is projected to increase at a CAGR of 6.5% during the forecast period.

Dry-type transformer market is segmented based on by voltage, by type, by end-phase and region.

Increasing demand for electricity is a major factor driving the growth for the target market. Additionally, growth in the absorption of renewable-based power generation factor drives the market during the forecast period.

Asia-Pacific was the dominant region for the market in 2019, owing to the growing population and industrialization causing a rise in the electricity demand.

The key players in the market are focusing on improving production facilities.