The major drivers for the market include rise in demand for electricity, eco-friendly product, and safety over liquid-filled transformers. On the other hand, high cost, lack of investment by governments in grid stability, and load/no of losses are some of the factors restraining the market growth.
By technology, the market includes cast resin dry type transformer and VPI dry type transformer. Market by voltage includes low and medium voltage. The applications segment includes Industrial, commercial, and other applications. Market by phase includes single and three phase.
The Dry Type Transformer market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of 4.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Dry Type Transformer.
This report presents the worldwide Dry Type Transformer market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Hammond Power Solutions Inc.
Crompton Greaves Ltd.
Voltamp Transformers Ltd.
Schneider Electric SE
Tbea Transformer Industrial Group
Jinpan International Ltd.
Bharat Heavy Electricals Ltd.
Dry Type Transformer Breakdown Data by Type
Dry Type Transformer Breakdown Data by Application
Dry Type Transformer Production by Region
Dry Type Transformer Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Dry Type Transformer status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Dry Type Transformer manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Dry Type Transformer :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Dry Type Transformer market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.