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Dry Type Transformer Market by Type (Dry Type Converter Transformer and Dry Type Rectifier Transformer), Technology (Cast Resin and Vacuum Pressure Impregnation), Phase (Single-phase and Three-phase), Voltage (Low and Medium), and End Use (Industrial, Commercial, and Others): Opportunity Analysis and Industry Forecast, 2020–2027

A00804
Pages: 345
Jul 2020 | 3900 Views
 
Author(s) : Krunal Yeware , Eswara Prasad
Tables: 189
Charts: 79
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Dry Type Transformer Market Outlook - 2027

The global dry type transformer market size was valued at $5.4 billion in 2019, and is projected to reach $7.3 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.Dry type transformer is a type of magnetic core transformer designed on a comparatively modern technology that uses natural or forced air cooling instead of oil. Unlike liquid fill transformers that require oil or liquid to cool, dry type transformers use only high temperature insulation systems that are environmentally safe. It consists of no moving parts; therefore, it requires minimum maintenance, while offering reliability and long-run cycle. As these transformers are completely hazard-free, they can be easily installed in hospitals, schools, factories, chemical plants, and buildings where fire safety is a great concern. 

The global market is driven by its wide applicability in the distribution of electricity. The expansion of electricity distribution network across the globe and rapid industrialization in developing countries drive the dry type transformer market growth. Heavy to small scale industries employ machineries that have specific voltage requirement. Some industries, such as oil & gas, mining, and marine have specialized voltage requirements, as fire safety is important in these sectors. In an effort to reduce the dependence of coal-based electricity generation, countries have agreed to increase the adoption of renewable energy generation in the total electricity produced. Dry type transformers are replacing wet transformers in the renewable energy sector due to their safety and design aspects. Safety accounts for greater significance in energy sector meaning that dry type transformer is becoming a transformer of choice in cleaner energy segment that offer extended protection. This is a major driving force for the global market. 

Infographics_Global Dry Type Transformer Market, 2020-2027

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Dry type transformers have some disadvantages over liquid-filled transformers, which limits the growth of the dry type transformer market. Compared with liquid transformers such as oil-immersed transformer, dry type transformer such as cast resin transformer has relatively poor heat dissipation performance, while the heat dissipation performance of the oil radiator is better. The complex construction of dry type transformer makes it costlier than oil-immersed transformer. These factors are expected to restrain the adoption of dry type transformers; thereby, hampering the market growth. Furthermore, development of solid-state transformers as a replacement for conventional transformers is also likely to limit the market growth during the forecast period. However, expansion and replacement of power grids with smart grids will increase the demand for digital dry type transformers during the forecast period. Digital dry type transformers can supply the user with information on its performance. This will enable the user to analyze the data and schedule the maintenance and retirement schedule of the transformer. Informed decisions will prevent or at least reduce the downtime of the transformer; thereby, increasing productivity and profitability. In addition, the development of 3D core VPI transformer for the electric vehicle charging stations has the potential to offer fresh opportunities for the dry type transformer market. 

The global dry type transformer market is segmented on the basis of type, technology, phase, voltage, end use, and region. Based on type, the market is divided into dry type converter dry type transformer and dry type rectifier dry type transformer. By technology, the market is divided into cast resin and vacuum pressure impregnated dry type transformer. On the basis of phase, the market is studied across single-phase and three-phase dry type transformer. Based on the voltage, the market is segmented into low voltage and medium voltage dry type transformer. The end uses of dry type transformer include industrial, commercial, and others. Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Complete or partial lockdown situation globally due to COVID-19 has led to supply chain disruption, leading to delays in project construction, having a direct impact on the commissioning of renewable electricity projects, biofuel facilities, and renewable heat investments. In the global solar industry, more than 40% of the supply chain is reliant on supply from China and other Southeast Asian countries. As China is the known source of this pandemic and the country is the most affected one in terms of material supply and material transport due to COVID-19. This factor has a huge impact on the dry type transformer market

Major players operating in the dry type transformer industry include Bharat Heavy Electricals Ltd., Eaton Corporation Plc, Fuji Electric Co. Ltd., General Electric Company, Hammond Power Solutions Inc., Henley Energy GCC, Hitachi Ltd., Hyosung Heavy Industries, Kirloskar Electric Co. Ltd., Power Sp. z o.o., Schneider Electric SE, Siemens AG, TBEA Co. Ltd., Voltamp Transformers Ltd., and WEG Group. 

Dry Type Transformer Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

North America would exhibit a CAGR of 6.6% during 2020-2027.

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Dry type transformer market, by region

Asia-Pacific accounted for the largest share of $2.2 billion in 2019, and is projected to be $2.9 billion by 2027, growing at a CAGR of 5.7%. The largest share is attributed to factors such as the presence of highly populated countries such as India and China, new electrification projects in industrial, commercial, and infrastructure sectors. North America is expected to growth at the highest rate of 6.6% during the dry type transformer market forecast period, owing to growth in electricity demand in countries such as the U.S. Further, the growth potential of renewable energy sources in the U.S. is high

Dry Type Transformer Market
By Type

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Dry Type Rectifier Transformer segment is projected as the fastest growing segment.

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Dry type transformer market, by type

The dry type converter transformers segment accounted for the largest revenue share of $3.3 billion in 2019, owing to its extensive use in industrial, commercial, and other end uses.

Dry Type Transformer Market
By Technology

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Vacuum Pressure Impregnated segment is projected as the fastest growing segment.

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Dry type transformer market, by technology

The cast resin dry type transformer segment accounted for the largest revenue of $3.7 billion in 2019, owing to its widespread adoption in areas such as general & public buildings, industrial plants, wind turbine plants, solar farms, LNG vessels; commercial spaces such as airports & railway and special transformer applications such as furnace transformer, electric welding equipment, and UPS systems

Dry Type Transformer Market
By Phase

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Three-phase segment is projected as the fastest growing segment.

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Dry type transformer market, by phase

Single-phase dry type transformer accounted for $4.8 billion in 2019, owing to its large-scale adoption in low voltage distribution applications

Dry Type Transformer Market
By Voltage

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Low Voltage segment is projected as the fastest growing segment.

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Dry type transformer market, by voltage

Low-voltage dry type transformer accounted for $3.9 billion in 2019 due to its use in low-voltage industrial applications, commercial, and public buildings.

Dry Type Transformer Market
By End use

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Commercial segment is projected as the fastest growing segment.

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Dry type transformer market, by end use

Industrial end use segment accounted for the largest share in 2019, owing to its large-scale adoption in marine, chemical, oil & gas, renewable energy generation, railway and others. Key manufacturers of dry type transformers focus on providing specialized transformers suited for each application.

Key Benefits For Stakeholders

  • The report includes in-depth analysis of different segments and provides market estimations between 2019 and 2027. 
  • Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
  • The key market players are profiled to gain an understanding of the strategies adopted by them.
  • This report provides a detailed analysis of the current dry type transformer market trends and future estimations from 2020 to 2027, which helps identify the prevailing market opportunities.

Key market segments

Type

  • Dry Type Converter Transformer
  • Dry Type Converter Rectifier Transformer

Technology

  • Cast Resin
  • Vacuum Pressure Impregnated

Phase

  • Single-phase
  • Three-phase

Voltage

  • Low
  • Medium

End Use

  • Industrial
  • Commercial
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Key Players in the global dry type transformer market:

  • Bharat Heavy Electricals Ltd.
  • Eaton Corporation Plc
  • Fuji Electric Co. Ltd.
  • General Electric Company
  • Hammond Power Solutions Inc.
  • Henley Energy GCC
  • Hitachi Ltd.
  • Hyosung Heavy Industries
  • Kirloskar Electric Co. Ltd.
  • Power Sp. z o.o.
  • Schneider Electric SE
  • Siemens AG
  • TBEA Co. Ltd.
  • Voltamp Transformers Ltd.
  • WEG Group
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.1.1.Key benefits for stakeholders
1.2.Key market segments
1.3.Research methodology

1.3.1.Primary research
1.3.2.Secondary research
1.3.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.KEY FINDINGS OF THE STUDY
2.2.CXO Perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.2.2.Porter's five forces analysis

3.3.Market Dynamics

3.3.1.Drivers

3.3.1.1.Increase in demand for electricity throughout the world for different end uses
3.3.1.2.Rise in adoption of renewable and non-conventional energy sources

3.3.2.Restraint

3.3.2.1.Development of solid-state transformers (SSTs)

3.3.3.Opportunities

3.3.3.1.Development and adoption of smart grids and digital dry transformers
3.3.3.2.Application of 3D core vacuum pressure impregnated (VPI) dry type transformer

3.4.Value Chain Analysis
3.5.Impact of key regulation
3.6.Parent-peer market overview
3.7.Impact of COVID-19 on the global dry type transformer market
3.8.Patent analysis, 2015-2019
3.9.Supplier Analysis

CHAPTER 4:DRY TYPE TRANSFORMER MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Dry Type Converter Transformer

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region

4.3.Dry Type Rectifier Transformer

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region

CHAPTER 5:DRY TYPE TRANSFORMER MARKET, BY TECHNOLOGY

5.1.Overview

5.1.1.Market size and forecast

5.2.Cast resin

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region

5.3.Vacuum pressure impregnated

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region

CHAPTER 6:DRY TYPE TRANSFORMER MARKET, BY PHASE

6.1.Overview

6.1.1.Market size and forecast

6.2.Single-Phase

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region

6.3.Three-Phase

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region

CHAPTER 7:DRY TYPE TRANSFORMER MARKET, BY VOLTAGE

7.1.Overview

7.1.1.Market size and forecast

7.2.Low-voltage

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region

7.3.Medium-voltage

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region

CHAPTER 8:DRY TYPE TRANSFORMER MARKET, BY END USE

8.1.Overview

8.1.1.Market size and forecast

8.2.Industrial

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by region

8.2.2.1.Marine
8.2.2.2.Chemical
8.2.2.3.Oil & Gas industry
8.2.2.4.Renewable energy generation
8.2.2.5.Railway
8.2.2.6.Others
8.2.2.7.Market size and forecast, by industrial end-use

8.3.Commercial

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by region

8.4.Others

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by region

CHAPTER 9:DRY TYPE TRANSFORMER MARKET, BY REGION

9.1.Overview

9.1.1.Market size and forecast

9.2.North America

9.2.1.Key market trends, growth factors, and opportunities
9.2.2.Market size and forecast, by type
9.2.3.Market size and forecast, by technology
9.2.4.Market size and forecast, by phase
9.2.5.Market size and forecast, by voltage
9.2.6.Market size and forecast, by end use
9.2.7.Market share analysis, by country
9.2.8.U.S.

9.2.8.1.Market size and forecast, by type
9.2.8.2.Market size and forecast, by technology
9.2.8.3.Market size and forecast, by phase
9.2.8.4.Market size and forecast, by voltage
9.2.8.5.Market size and forecast, by end use

9.2.9.Canada

9.2.9.1.Market size and forecast, by type
9.2.9.2.Market size and forecast, by technology
9.2.9.3.Market size and forecast, by phase
9.2.9.4.Market size and forecast, by voltage
9.2.9.5.Market size and forecast, by end use

9.2.10.Mexico

9.2.10.1.Market size and forecast, by type
9.2.10.2.Market size and forecast, by technology
9.2.10.3.Market size and forecast, by phase
9.2.10.4.Market size and forecast, by voltage
9.2.10.5.Market size and forecast, by end use

9.3.Europe

9.3.1.Key market trends, growth factors, and opportunities
9.3.2.Market size and forecast, by type
9.3.3.Market size and forecast, by technology
9.3.4.Market size and forecast, by phase
9.3.5.Market size and forecast, by voltage
9.3.6.Market size and forecast, by end use
9.3.7.Market share analysis, by country
9.3.8.Germany

9.3.8.1.Market size and forecast, by type
9.3.8.2.Market size and forecast, by technology
9.3.8.3.Market size and forecast, by phase
9.3.8.4.Market size and forecast, by voltage
9.3.8.5.Market size and forecast, by end use

9.3.9.France

9.3.9.1.Market size and forecast, by type
9.3.9.2.Market size and forecast, by technology
9.3.9.3.Market size and forecast, by phase
9.3.9.4.Market size and forecast, by voltage
9.3.9.5.Market size and forecast, by end use

9.3.10.Italy

9.3.10.1.Market size and forecast, by type
9.3.10.2.Market size and forecast, by technology
9.3.10.3.Market size and forecast, by phase
9.3.10.4.Market size and forecast, by voltage
9.3.10.5.Market size and forecast, by end use

9.3.11.Spain

9.3.11.1.Market size and forecast, by type
9.3.11.2.Market size and forecast, by technology
9.3.11.3.Market size and forecast, by phase
9.3.11.4.Market size and forecast, by voltage
9.3.11.5.Market size and forecast, by end use

9.3.12.UK

9.3.12.1.Market size and forecast, by type
9.3.12.2.Market size and forecast, by technology
9.3.12.3.Market size and forecast, by phase
9.3.12.4.Market size and forecast, by voltage
9.3.12.5.Market size and forecast, by end use

9.3.13.Rest of Europe

9.3.13.1.Market size and forecast, by type
9.3.13.2.Market size and forecast, by technology
9.3.13.3.Market size and forecast, by phase
9.3.13.4.Market size and forecast, by voltage
9.3.13.5.Market size and forecast, by end use

9.4.Asia-Pacific

9.4.1.Key market trends, growth factors, and opportunities
9.4.2.Market size and forecast, by type
9.4.3.Market size and forecast, by technology
9.4.4.Market size and forecast, by phase
9.4.5.Market size and forecast, by voltage
9.4.6.Market size and forecast, by end use
9.4.7.Market share analysis, by country
9.4.8.China

9.4.8.1.Market size and forecast, by type
9.4.8.2.Market size and forecast, by technology
9.4.8.3.Market size and forecast, by phase
9.4.8.4.Market size and forecast, by voltage
9.4.8.5.Market size and forecast, by end use

9.4.9.Japan

9.4.9.1.Market size and forecast, by type
9.4.9.2.Market size and forecast, by technology
9.4.9.3.Market size and forecast, by phase
9.4.9.4.Market size and forecast, by voltage
9.4.9.5.Market size and forecast, by end use

9.4.10.India

9.4.10.1.Market size and forecast, by type
9.4.10.2.Market size and forecast, by technology
9.4.10.3.Market size and forecast, by phase
9.4.10.4.Market size and forecast, by voltage
9.4.10.5.Market size and forecast, by end use

9.4.11.Australia

9.4.11.1.Market size and forecast, by type
9.4.11.2.Market size and forecast, by technology
9.4.11.3.Market size and forecast, by phase
9.4.11.4.Market size and forecast, by voltage
9.4.11.5.Market size and forecast, by end use

9.4.12.South Korea

9.4.12.1.Market size and forecast, by type
9.4.12.2.Market size and forecast, by technology
9.4.12.3.Market size and forecast, by phase
9.4.12.4.Market size and forecast, by voltage
9.4.12.5.Market size and forecast, by end use

9.4.13.Rest of Asia-Pacific

9.4.13.1.Market size and forecast, by type
9.4.13.2.Market size and forecast, by technology
9.4.13.3.Market size and forecast, by phase
9.4.13.4.Market size and forecast, by voltage
9.4.13.5.Market size and forecast, by end use

9.5.LAMEA

9.5.1.Key market trends, growth factors, and opportunities
9.5.2.Market size and forecast, by type
9.5.3.Market size and forecast, by technology
9.5.4.Market size and forecast, by phase
9.5.5.Market size and forecast, by voltage
9.5.6.Market size and forecast, by end use
9.5.7.Market share analysis, by country
9.5.8.Brazil

9.5.8.1.Market size and forecast, by type
9.5.8.2.Market size and forecast, by technology
Market size and forecast, by phase
9.5.8.3.Market size and forecast, by voltage
9.5.8.4.Market size and forecast, by end use

9.5.9.Saudi Arabia

9.5.9.1.Market size and forecast, by type
9.5.9.2.Market size and forecast, by technology
9.5.9.3.Market size and forecast, by phase
9.5.9.4.Market size and forecast, by voltage
9.5.9.5.Market size and forecast, by end use

9.5.10.South Africa

9.5.10.1.Market size and forecast, by type
9.5.10.2.Market size and forecast, by technology
9.5.10.3.Market size and forecast, by phase
9.5.10.4.Market size and forecast, by voltage
9.5.10.5.Market size and forecast, by end use

9.5.11.Rest of LAMEA

9.5.11.1.Market size and forecast, by type
9.5.11.2.Market size and forecast, by technology
9.5.11.3.Market size and forecast, by phase
9.5.11.4.Market size and forecast, by voltage
9.5.11.5.Market size and forecast, by end use

CHAPTER 10:COMPETITIVE LANDSCAPE

10.1.Introduction

10.1.1.Market player positioning, 2019

10.2.Top winning strategies
10.3.Product mapping of top 10 player
10.4.Competitive heatmap
10.5.Key developments

10.5.1.Key Acquisition and product launch

CHAPTER 11:COMPANY PROFILES

11.1.BHARAT HEAVY ELECTRICALS LTD.

11.1.1.Company overview
11.1.2.Company snapshot
11.1.3.Operating business segments
11.1.4.Product portfolio
11.1.5.Business performance

11.2.EATON CORPORATION PLC

11.2.1.Company overview
11.2.2.Company snapshot
11.2.3.Operating business segments
11.2.4.Product portfolio
11.2.5.Business performance
11.2.6.Key strategic moves and developments

11.3.FUJI ELECTRIC CO. LTD.

11.3.1.Company overview
11.3.2.Company snapshot
11.3.3.Operating business segments
11.3.4.Product portfolio
11.3.5.Business performance

11.4.GENERAL ELECTRIC COMPANY

11.4.1.Company overview
11.4.2.Company snapshot
11.4.3.Operating business segments
11.4.4.Product portfolio
11.4.5.Business performance

11.5.HAMMOND POWER SOLUTIONS INC.

11.5.1.Company overview
11.5.2.Company snapshot
11.5.3.Product portfolio
11.5.4.Business performance

11.6.HANLEY ENERGY GCC

11.6.1.Company overview
11.6.2.Company snapshot
11.6.3.Product portfolio

11.7.HITACHI LTD.

11.7.1.Company overview
11.7.2.Company snapshot
11.7.3.Operating business segments
11.7.4.Product portfolio
11.7.5.Business performance
11.7.6.Key strategic moves and developments

11.8.HYOSUNG HEAVY INDUSTRIES

11.8.1.Company overview
11.8.2.Company snapshot
11.8.3.Product portfolio
11.8.4.Business performance

11.9.KIRLOSKAR ELECTRIC CO. LTD.

11.9.1.Company overview
11.9.2.Company snapshot
11.9.3.Product portfolio

11.10.POWER SP. Z O.O.

11.10.1.Company overview
11.10.2.Company snapshot
11.10.3.Product portfolio

11.11.SCHNEIDER ELECTRIC SE

11.11.1.Company overview
11.11.2.Company snapshot
11.11.3.Operating business segments
11.11.4.Product portfolio
11.11.5.Business performance

11.12.SIEMENS AG

11.12.1.Company overview
11.12.2.Company snapshot
11.12.3.Operating business segments
11.12.4.Product portfolio
11.12.5.Business performance

11.13.TBEA CO. LTD.

11.13.1.Company overview
11.13.2.Company snapshot
11.13.3.Product portfolio

11.14.VOLTAMP TRANSFORMERS LTD.

11.14.1.Company overview
11.14.2.Company snapshot
11.14.3.Product portfolio
11.14.4.Business performance

11.15.WEG GROUP

11.15.1.Company overview
11.15.2.Company snapshot
11.15.3.Operating business segments
11.15.4.Product portfolio
11.15.5.Business performance

LIST OF TABLES

TABLE 01.GLOBAL DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 02.DRY TYPE CONVERTER TRANSFORMER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 03.DRY TYPE RECTIFIER TRANSFORMER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 04.GLOBAL DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 05.CAST RESIN DRY TYPE TRANSFORMER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 06.VACUUM PRESSURE IMPREGNATED DRY TYPE TRANSFORMER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 07.GLOBAL DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 08.SINGLE-PHASE DRY TYPE TRANSFORMER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 09.THREE-PHASE DRY TYPE TRANSFORMER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 10.GLOBAL DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 11.LOW-VOLTAGE DRY TYPE TRANSFORMER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 12.MEDIUM-VOLTAGE DRY TYPE TRANSFORMER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 13.GLOBAL DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 14.INDUSTRIAL DRY TYPE TRANSFORMER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 15.DRY TYPE TRANSFORMER MARKET, BY INDUSTRIAL END-USE, 2019–2027 ($MILLION)
TABLE 16.COMMERICAL DRY TYPE TRANSFORMER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 17.OTHERS DRY TYPE TRANSFORMER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 18.GLOBAL DRY TYPE TRANSFORMER MARKET FOR, BY REGION, 2019–2027 ($MILLION)
TABLE 19.NORTH AMERICA DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 20.NORTH AMERICA DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 21.NORTH AMERICA DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 22.NORTH AMERICA DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 23.NORTH AMERICA DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 24.NORTH AMERICA DRY TYPE TRANSFORMER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 25.U.S. DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 26.U.S. DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 27.U.S. DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 28.U.S. DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 29.U.S. DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 30.CANADA DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 31.CANADA DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 32.CANADA DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 33.CANADA DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 34.CANADA DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 35.MEXICO DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 36.MEXICO DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 37.MEXICO DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 38.MEXICO DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 39.MEXICO DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 40.EUROPE DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 41.EUROPE DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 42.EUROPE DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 43.EUROPE DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 44.EUROPE DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 45.EUROPE DRY TYPE TRANSFORMER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 46.GERMANY DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 47.GERMANY DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 48.GERMANY DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 49.GERMANY DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 50.GERMANY DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 51.FRANCE DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 52.FRANCE DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 53.FRANCE DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 54.FRANCE DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 55.FRANCE DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 56.ITALY DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 57.ITALY DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 58.ITALY DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 59.ITALY DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 60.ITALY DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 61.SPAIN DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 62.SPAIN DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 63.SPAIN DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 64.SPAIN DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 65.SPAIN DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 66.UK DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 67.UK DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 68.UK DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 69.UK DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 70.UK DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 71.REST OF EUROPE DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 72.REST OF EUROPE DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 73.REST OF EUROPE DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 74.REST OF EUROPE DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 75.REST OF EUROPE DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 76.ASIA-PACIFIC DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 77.ASIA-PACIFIC DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 78.ASIA-PACIFIC DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 79.ASIA-PACIFIC DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 80.ASIA-PACIFIC DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 81.ASIA-PACIFIC DRY TYPE TRANSFORMER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 82.CHINA DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 83.CHINA DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 84.CHINA DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 85.CHINA DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 86.CHINA DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 87.JAPAN DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 88.JAPAN DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 89.JAPAN DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 90.JAPAN DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 91.JAPAN DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 92.INDIA DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 93.INDIA DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 94.INDIA DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 95.INDIA DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 96.INDIA DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 97.AUSTRALIA DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 98.AUSTRALIA DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 99.AUSTRALIA DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 100.AUSTRALIA DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 101.AUSTRALIA DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 102.SOUTH KOREA DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 103.SOUTH KOREA DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 104.SOUTH KOREA DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 105.SOUTH KOREA DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 106.SOUTH KOREA DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 107.REST OF ASIA-PACIFIC DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 108.REST OF ASIA-PACIFIC DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 109.REST OF ASIA-PACIFIC DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 110.REST OF ASIA-PACIFIC DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 111.REST OF ASIA-PACIFIC DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 112.LAMEA DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 113.LAMEA DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 114.LAMEA DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 115.LAMEA DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 116.LAMEA DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 117.LAMEA DRY TYPE TRANSFORMER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 118.BRAZIL DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 119.BRAZIL DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 120.BRAZIL DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 121.BRAZIL DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 122.BRAZIL DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 123.SAUDI ARABIA DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 124.SAUDI ARABIA DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 125.SAUDI ARABIA DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 126.SAUDI ARABIA DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 127.SAUDI ARABIA DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 128.SOUTH AFRICA DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 129.SOUTH AFRICA DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 130.SOUTH AFRICA DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 131.SOUTH AFRICA DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 132.SOUTH AFRICA DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 133.REST OF LAMEA DRY TYPE TRANFORMER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 134.REST OF LAMEA DRY TYPE TRANFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 135.REST OF LAMEA DRY TYPE TRANFORMER MARKET, BY PHASE, 2019–2027 ($MILLION)
TABLE 136.REST OF LAMEA DRY TYPE TRANFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILLION)
TABLE 137.REST OF LAMEA DRY TYPE TRANFORMER MARKET, BY END USE, 2019–2027 ($MILLION)
TABLE 138.ACQUISTION AND PRODUCT LAUNCH
TABLE 139.BHEL: COMPANY SNAPSHOT
TABLE 140.BHEL: OPERATING SEGMENTS
TABLE 141.BHEL: PRODUCT PORTFOLIO
TABLE 142.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 143.EATON: COMPANY SNAPSHOT
TABLE 144.EATON: OPERATING SEGMENTS
TABLE 145.EATON: PRODUCT PORTFOLIO
TABLE 146.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 147.EATON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 148.FUJI: COMPANY SNAPSHOT
TABLE 149.FUJI: OPERATING SEGMENTS
TABLE 150.FUJI: PRODUCT PORTFOLIO
TABLE 151.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 152.GE: COMPANY SNAPSHOT
TABLE 153.GE: OPERATING SEGMENTS
TABLE 154.GE: PRODUCT PORTFOLIO
TABLE 155.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 156.HAMMOND: COMPANY SNAPSHOT
TABLE 157.HAMMOND: PRODUCT PORTFOLIO
TABLE 158.OVERALL FINANCIAL STATUS ($THOUSAND)
TABLE 159.HANLEY: COMPANY SNAPSHOT
TABLE 160.HANLEY: PRODUCT PORTFOLIO
TABLE 161.HITACHI: COMPANY SNAPSHOT
TABLE 162.HITACHI: OPERATING SEGMENTS
TABLE 163.HITACHI: PRODUCT PORTFOLIO
TABLE 164.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 165.HITACHI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 166.HHI: COMPANY SNAPSHOT
TABLE 167.HHI: PRODUCT PORTFOLIO
TABLE 168.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 169.KIRLOSKAR: COMPANY SNAPSHOT
TABLE 170.KIRLOSKAR: PRODUCT PORTFOLIO
TABLE 171.POWER: COMPANY SNAPSHOT
TABLE 172.POWER: PRODUCT PORTFOLIO
TABLE 173.SCHNEIDER: COMPANY SNAPSHOT
TABLE 174.SCHNEIDER: OPERATING SEGMENTS
TABLE 175.SCHNEIDER: PRODUCT PORTFOLIO
TABLE 176.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 177.SIEMENS: COMPANY SNAPSHOT
TABLE 178.SIEMENS: OPERATING SEGMENTS
TABLE 179.SIEMENS: PRODUCT PORTFOLIO
TABLE 180.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 181.TBEA: COMPANY SNAPSHOT
TABLE 182.TBEA: PRODUCT PORTFOLIO
TABLE 183.VOLTAMP: COMPANY SNAPSHOT
TABLE 184.VOLTAMP: PRODUCT PORTFOLIO
TABLE 185.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 186.WEG: COMPANY SNAPSHOT
TABLE 187.WEG: OPERATING SEGMENTS
TABLE 188.WEG: PRODUCT PORTFOLIO
TABLE 189.OVERALL FINANCIAL STATUS ($MILLION)

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.EXECUTIVE SUMMARY, BY COUNTRY
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.BARGAINING POWER OF SUPPLIERS
FIGURE 06.THREAT OF NEW ENTRANTS
FIGURE 07.THREAT OF SUBSTITUTES
FIGURE 08.INTENSITY OF RIVALRY
FIGURE 09.BARGAINING POWER OF BUYERS
FIGURE 10.DRY TYPE TRANSFORMER MARKET DYNAMICS
FIGURE 11.VALUE CHAIN ANALYSIS
FIGURE 12.PARENT-PEER MARKET OVERVIEW
FIGURE 13.PATENT ANALYSIS, BY COUNTRY, 2019
FIGURE 14.PATENT ANALYSIS, BY APPLICANT, 2019
FIGURE 15.PATENT ANALYSIS, BY INVENTOR, 2019
FIGURE 16.GLOBAL DRY TYPE TRANSFORMER MARKET, BY TYPE, 2019–2027 ($MILILION)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF DRY TYPE CONVERTER TRANSFORMER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF DRY TYPE RECTIFIER TRANSFORMER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 19.GLOBAL DRY TYPE TRANSFORMER MARKET, BY TECHNOLOGY, 2019–2027 ($MILILION)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF CAST RESIN DRY TYPE TRANSFORMER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF VACUUM PRESSURE IMPREGNATED DRY TYPE TRANSFORMER MARKET,  BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 22.GLOBAL DRY TYPE TRANSFORMER MARKET, BY PHASE, 2019–2027 ($MILILION)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF SINGLE-PHASE DRY TYPE TRANSFORMER MARKET, BY COUNTRY,  2019 & 2027 ($MILLION)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF THREE-PHASE DRY TYPE TRANSFORMER MARKET, BY COUNTRY,  2019 & 2027 ($MILLION)
FIGURE 25.GLOBAL DRY TYPE TRANSFORMER MARKET, BY VOLTAGE, 2019–2027 ($MILILION)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF LOW-VOLTAGE TRANSFORMER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF MEDIUM-VOLTAGE DRY TYPE TRANSFORMER MARKET, BY COUNTRY,  2019 & 2027 ($MILLION)
FIGURE 28.GLOBAL DRY TYPE TRANSFORMER MARKET, BY END USE, 2019–2027 ($MILILION)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL DRY TYPE TRANSFORMER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF COMMERCIAL DRY TYPE TRANSFORMER MARKET, BY COUNTRY,  2019 & 2027 ($MILLION)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF OTHERS DRY TYPE TRANSFORMER MARKET, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 51.MARKET PLAYER POSITIONING, 2019
FIGURE 52.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 53.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 54.BHEL: REVENUE, 2017-2019 ($MILLION)
FIGURE 55.BHEL: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 56.EATON: REVENUE, 2017-2019 ($MILLION)
FIGURE 57.EATON: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 58.EATON: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 59.FUJI: REVENUE, 2017-2019 ($MILLION)
FIGURE 60.FUJI: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 61.FUJI: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 62.GE: REVENUE, 2017–2019 ($MILLION)
FIGURE 63.GE: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 64.GE: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 65.HAMMOND: REVENUE, 2017–2019 ($THOUSAND)
FIGURE 66.HAMMOND: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 67.HITACHI: REVENUE, 2017–2019 ($MILLION)
FIGURE 68.HITACHI: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 69.HITACHI: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 70.HHI: REVENUE, 2018-2019 ($MILLION)
FIGURE 71.SCHNEIDER: NET SALES, 2017–2019 ($MILLION)
FIGURE 72.SCHNEIDER: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 73.SCHNEIDER: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 74.SIEMENS: REVENUE, 2017–2019 ($MILLION)
FIGURE 75.SIEMENS: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 76.SIEMENS: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 77.VOLTAMP: REVENUE, 2017–2019 ($MILLION)
FIGURE 78.WEG: REVENUE, 2017–2019 ($MILLION)
FIGURE 79.WEG: REVENUE SHARE BY REGION, 2019 (%)

 
 

The dry type transformer market provides a substantial scope for growth. Increase in demand for electricity fueled by increased construction activities, increase in cross-country power transmission and distribution networks, replacement of old units, and mainstream adoption of renewable energy generation provide growth opportunities for the market expansion. 

The limitations of dry type transformer over liquid-filled transformer is a major limiting factor in the adoption of dry type transformers. For the power and voltage rating, dry type transformer is costlier than oil cooled transformer. In addition, the development of solid-state transformers is likely to hamper the market growth. However, dry type transformers offer enhanced fire-retardant characteristics that makes it ideal for installations in fire prone areas. Only dry transformers can be used in areas such as multi-storey or high-rise buildings due to safety concerns. 

The global dry type transformer market is segmented on the basis of type, technology, phase, voltage, and end use. The industrial sector is the main user of dry type transformers. Its applications include marine, chemical & petrochemical industries, manufacturing plants, smelting units, railways, and mining industries.

 
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A. The global dry type transformer market is expected to reach $7.3 billion by 2027

A. Cast Resin dry type transformer holds the largest market share in 2019

A. To get latest version of dry type transformer market report can be obtained on demand from the website.

A. Adoption of dry type transformer in the renewable energy generation and industrial installations is a key trend favouring the growth of the dry type transformer market

A. The global dry type transformer market was $5.4 billion in 2019

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. Company profile has been done on the basis of each company's product differerentiation and its market presence globally.

A. Developments in the liquid-filled transformers tailored for individual applications, and development of solid-state transformers are likley to hamper the market growth

A. Acquisition and product launches are key growth strategies adopted by the players profiled in the report

A. Dry type transformers are distributor transformers suitable for use in fire-prone areas such as industrial and commercial setups as well as indoor residential applications where safety is a priority. Dry type transformers are designed to withstand harsh and corrosive environments

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