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Dry-Type Transformers-Global Market Insights and Sales Trends 2025
Synopsis
A dry type transformer is one in which the transformer core and coils are not immersed in a liquid.
The global Dry-Type Transformers market size is expected to reach US$ 5748 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of Dry-Type Transformers in various end use industries. The expanding demands from the Industrial, Commercial and Others,, are propelling Dry-Type Transformers market. Single-Phase, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Three-Phase segment is estimated at % CAGR for the next seven-year period.
North America is the second largest region for dry transformers. High investment in transmission & distribution network creating a wide scope for the electrical components in this region. U.S.is the major market in the North America region. It is one of the leading countries in overall transformer shipments around the world.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Dry-Type Transformers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Dry-Type Transformers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Dry-Type Transformers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Dry-Type Transformers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Dry-Type Transformers covered in this report include Hammond Power Solution, ABB, Siemens, General Electric, Jinpan International, Schneider Electric, TBEA Transformer Industrial, Eaton and Crompton Graves, etc.
The global Dry-Type Transformers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Hammond Power Solution
ABB
Siemens
General Electric
Jinpan International
Schneider Electric
TBEA Transformer Industrial
Eaton
Crompton Graves
Voltamp Transformer
Virginia Transformer
Kirloskar Electric
Kotsons
Global Dry-Type Transformers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Dry-Type Transformers market, Segment by Type:
Single-Phase
Three-Phase
Global Dry-Type Transformers market, by Application
Industrial
Commercial
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Dry-Type Transformers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Dry-Type Transformers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A dry type transformer is one in which the transformer core and coils are not immersed in a liquid.
The global Dry-Type Transformers market size is expected to reach US$ 5748 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of Dry-Type Transformers in various end use industries. The expanding demands from the Industrial, Commercial and Others,, are propelling Dry-Type Transformers market. Single-Phase, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Three-Phase segment is estimated at % CAGR for the next seven-year period.
North America is the second largest region for dry transformers. High investment in transmission & distribution network creating a wide scope for the electrical components in this region. U.S.is the major market in the North America region. It is one of the leading countries in overall transformer shipments around the world.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Dry-Type Transformers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Dry-Type Transformers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Dry-Type Transformers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Dry-Type Transformers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Dry-Type Transformers covered in this report include Hammond Power Solution, ABB, Siemens, General Electric, Jinpan International, Schneider Electric, TBEA Transformer Industrial, Eaton and Crompton Graves, etc.
The global Dry-Type Transformers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Hammond Power Solution
ABB
Siemens
General Electric
Jinpan International
Schneider Electric
TBEA Transformer Industrial
Eaton
Crompton Graves
Voltamp Transformer
Virginia Transformer
Kirloskar Electric
Kotsons
Global Dry-Type Transformers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Dry-Type Transformers market, Segment by Type:
Single-Phase
Three-Phase
Global Dry-Type Transformers market, by Application
Industrial
Commercial
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Dry-Type Transformers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Dry-Type Transformers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Dry-Type Transformers Market Overview
1.1 Dry-Type Transformers Product Overview
1.2 Dry-Type Transformers Market Segment by Type
1.2.1 Single-Phase
1.2.2 Three-Phase
1.3 Global Dry-Type Transformers Market Size by Type
1.3.1 Global Dry-Type Transformers Market Size Overview by Type (2018-2029)
1.3.2 Global Dry-Type Transformers Historic Market Size Review by Type (2018-2023)
1.3.3 Global Dry-Type Transformers Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Dry-Type Transformers Sales Breakdown by Type (2018-2023)
1.4.2 Europe Dry-Type Transformers Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Dry-Type Transformers Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Dry-Type Transformers Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Dry-Type Transformers Sales Breakdown by Type (2018-2023)
2 Global Dry-Type Transformers Market Competition by Company
2.1 Global Top Players by Dry-Type Transformers Sales (2018-2023)
2.2 Global Top Players by Dry-Type Transformers Revenue (2018-2023)
2.3 Global Top Players by Dry-Type Transformers Price (2018-2023)
2.4 Global Top Manufacturers Dry-Type Transformers Manufacturing Base Distribution, Sales Area, Product Type
2.5 Dry-Type Transformers Market Competitive Situation and Trends
2.5.1 Dry-Type Transformers Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Dry-Type Transformers Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Dry-Type Transformers as of 2022)
2.7 Date of Key Manufacturers Enter into Dry-Type Transformers Market
2.8 Key Manufacturers Dry-Type Transformers Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Dry-Type Transformers Status and Outlook by Region
3.1 Global Dry-Type Transformers Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Dry-Type Transformers Historic Market Size by Region
3.2.1 Global Dry-Type Transformers Sales in Volume by Region (2018-2023)
3.2.2 Global Dry-Type Transformers Sales in Value by Region (2018-2023)
3.2.3 Global Dry-Type Transformers Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Dry-Type Transformers Forecasted Market Size by Region
3.3.1 Global Dry-Type Transformers Sales in Volume by Region (2024-2029)
3.3.2 Global Dry-Type Transformers Sales in Value by Region (2024-2029)
3.3.3 Global Dry-Type Transformers Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Dry-Type Transformers by Application
4.1 Dry-Type Transformers Market Segment by Application
4.1.1 Industrial
4.1.2 Commercial
4.1.3 Others
4.2 Global Dry-Type Transformers Market Size by Application
4.2.1 Global Dry-Type Transformers Market Size Overview by Application (2018-2029)
4.2.2 Global Dry-Type Transformers Historic Market Size Review by Application (2018-2023)
4.2.3 Global Dry-Type Transformers Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Dry-Type Transformers Sales Breakdown by Application (2018-2023)
4.3.2 Europe Dry-Type Transformers Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Dry-Type Transformers Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Dry-Type Transformers Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Dry-Type Transformers Sales Breakdown by Application (2018-2023)
5 North America Dry-Type Transformers by Country
5.1 North America Dry-Type Transformers Historic Market Size by Country
5.1.1 North America Dry-Type Transformers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Dry-Type Transformers Sales in Volume by Country (2018-2023)
5.1.3 North America Dry-Type Transformers Sales in Value by Country (2018-2023)
5.2 North America Dry-Type Transformers Forecasted Market Size by Country
5.2.1 North America Dry-Type Transformers Sales in Volume by Country (2024-2029)
5.2.2 North America Dry-Type Transformers Sales in Value by Country (2024-2029)
6 Europe Dry-Type Transformers by Country
6.1 Europe Dry-Type Transformers Historic Market Size by Country
6.1.1 Europe Dry-Type Transformers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Dry-Type Transformers Sales in Volume by Country (2018-2023)
6.1.3 Europe Dry-Type Transformers Sales in Value by Country (2018-2023)
6.2 Europe Dry-Type Transformers Forecasted Market Size by Country
6.2.1 Europe Dry-Type Transformers Sales in Volume by Country (2024-2029)
6.2.2 Europe Dry-Type Transformers Sales in Value by Country (2024-2029)
7 Asia-Pacific Dry-Type Transformers by Region
7.1 Asia-Pacific Dry-Type Transformers Historic Market Size by Region
7.1.1 Asia-Pacific Dry-Type Transformers Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Dry-Type Transformers Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Dry-Type Transformers Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Dry-Type Transformers Forecasted Market Size by Region
7.2.1 Asia-Pacific Dry-Type Transformers Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Dry-Type Transformers Sales in Value by Region (2024-2029)
8 Latin America Dry-Type Transformers by Country
8.1 Latin America Dry-Type Transformers Historic Market Size by Country
8.1.1 Latin America Dry-Type Transformers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Dry-Type Transformers Sales in Volume by Country (2018-2023)
8.1.3 Latin America Dry-Type Transformers Sales in Value by Country (2018-2023)
8.2 Latin America Dry-Type Transformers Forecasted Market Size by Country
8.2.1 Latin America Dry-Type Transformers Sales in Volume by Country (2024-2029)
8.2.2 Latin America Dry-Type Transformers Sales in Value by Country (2024-2029)
9 Middle East and Africa Dry-Type Transformers by Country
9.1 Middle East and Africa Dry-Type Transformers Historic Market Size by Country
9.1.1 Middle East and Africa Dry-Type Transformers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Dry-Type Transformers Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Dry-Type Transformers Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Dry-Type Transformers Forecasted Market Size by Country
9.2.1 Middle East and Africa Dry-Type Transformers Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Dry-Type Transformers Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Hammond Power Solution
10.1.1 Hammond Power Solution Company Information
10.1.2 Hammond Power Solution Introduction and Business Overview
10.1.3 Hammond Power Solution Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Hammond Power Solution Dry-Type Transformers Products Offered
10.1.5 Hammond Power Solution Recent Development
10.2 ABB
10.2.1 ABB Company Information
10.2.2 ABB Introduction and Business Overview
10.2.3 ABB Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ABB Dry-Type Transformers Products Offered
10.2.5 ABB Recent Development
10.3 Siemens
10.3.1 Siemens Company Information
10.3.2 Siemens Introduction and Business Overview
10.3.3 Siemens Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Siemens Dry-Type Transformers Products Offered
10.3.5 Siemens Recent Development
10.4 General Electric
10.4.1 General Electric Company Information
10.4.2 General Electric Introduction and Business Overview
10.4.3 General Electric Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.4.4 General Electric Dry-Type Transformers Products Offered
10.4.5 General Electric Recent Development
10.5 Jinpan International
10.5.1 Jinpan International Company Information
10.5.2 Jinpan International Introduction and Business Overview
10.5.3 Jinpan International Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Jinpan International Dry-Type Transformers Products Offered
10.5.5 Jinpan International Recent Development
10.6 Schneider Electric
10.6.1 Schneider Electric Company Information
10.6.2 Schneider Electric Introduction and Business Overview
10.6.3 Schneider Electric Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Schneider Electric Dry-Type Transformers Products Offered
10.6.5 Schneider Electric Recent Development
10.7 TBEA Transformer Industrial
10.7.1 TBEA Transformer Industrial Company Information
10.7.2 TBEA Transformer Industrial Introduction and Business Overview
10.7.3 TBEA Transformer Industrial Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.7.4 TBEA Transformer Industrial Dry-Type Transformers Products Offered
10.7.5 TBEA Transformer Industrial Recent Development
10.8 Eaton
10.8.1 Eaton Company Information
10.8.2 Eaton Introduction and Business Overview
10.8.3 Eaton Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Eaton Dry-Type Transformers Products Offered
10.8.5 Eaton Recent Development
10.9 Crompton Graves
10.9.1 Crompton Graves Company Information
10.9.2 Crompton Graves Introduction and Business Overview
10.9.3 Crompton Graves Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Crompton Graves Dry-Type Transformers Products Offered
10.9.5 Crompton Graves Recent Development
10.10 Voltamp Transformer
10.10.1 Voltamp Transformer Company Information
10.10.2 Voltamp Transformer Introduction and Business Overview
10.10.3 Voltamp Transformer Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Voltamp Transformer Dry-Type Transformers Products Offered
10.10.5 Voltamp Transformer Recent Development
10.11 Virginia Transformer
10.11.1 Virginia Transformer Company Information
10.11.2 Virginia Transformer Introduction and Business Overview
10.11.3 Virginia Transformer Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Virginia Transformer Dry-Type Transformers Products Offered
10.11.5 Virginia Transformer Recent Development
10.12 Kirloskar Electric
10.12.1 Kirloskar Electric Company Information
10.12.2 Kirloskar Electric Introduction and Business Overview
10.12.3 Kirloskar Electric Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Kirloskar Electric Dry-Type Transformers Products Offered
10.12.5 Kirloskar Electric Recent Development
10.13 Kotsons
10.13.1 Kotsons Company Information
10.13.2 Kotsons Introduction and Business Overview
10.13.3 Kotsons Dry-Type Transformers Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Kotsons Dry-Type Transformers Products Offered
10.13.5 Kotsons Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Dry-Type Transformers Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Dry-Type Transformers Industrial Chain Analysis
11.4 Dry-Type Transformers Market Dynamics
11.4.1 Dry-Type Transformers Industry Trends
11.4.2 Dry-Type Transformers Market Drivers
11.4.3 Dry-Type Transformers Market Challenges
11.4.4 Dry-Type Transformers Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Dry-Type Transformers Distributors
12.3 Dry-Type Transformers Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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