Dry Type Transformer Market

Researchers profile top players in the Dry type Transformer Market, Report By Market Size Forecasters

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Dry type Transformer Market is set to exceed USD 9 billion by 2024 by Market Size Forecasters Add New Global Dry type Transformer Market by Manufacturers, Countries, Type and Application, Forecast to 2024 to its research database. The report presents a deep study of the market growth factors and drivers.

Three phase dry type transformer market is projected to witness growth of over 9% by 2024. The industry has undergone significant upsurge on account of growing inclination towards the establishment of a sustainable grid infrastructure to ensure security of supply. Ongoing electrification reforms to cater the rising demand coupled with competitive cost structure and operational reliability will encourage the product deployment.

Ongoing technological advancements coupled with rising inclination towards the replacement of conventional insulated systems will augment the dry type transformer market. Elimination of spills & leakage coupled with effective operations under climatic extremities will further uplift the product demand. Furthermore, improved surge resistance adhered by effective short circuit protection will positively influence the industry growth.

Future Scope:

Dry type transformer market is projected to witness upsurge owing to its economical cost structure along with efficient noiseless operations. Effective applicability across underground substations coupled with expanding medium & low voltage renewable networks will foster the product deployment. The technology has gained appreciable penetration across industrial establishments on account of its lower toxicity when compared to its conventional counterparts. Thereby, advancing product precision coupled with growing demand for sustainable units will positively impact the business outlook.

UK dry type transformer market is set to reach over 14,000 annual unit installations by 2024. Stringent energy efficiency norms coupled with advancing smart transformer technologies will positively influence the industry growth.

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Dry type Transformer Market, By Product

Open wound, Cast resin, Vacuum Pressure Impregnated (VPI), Vacuum Pressure Encapsulated(VPE)

Dry type Transformer Market, By Phase



Dry type Transformer Market, By Installation



Dry type Transformer Market, By Winding


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Data Tables

Table 1    Dry type transformer industry 360 degree synopsis, 2013 – 2024

Table 2    Global market estimates, 2013 – 2016 (Volume & Revenue)

Table 3    Global market estimates and forecast, 2017 – 2024 (Volume & Revenue)

Table 4    Global market estimates by core, 2013 – 2016 (‘000 units)

Table 5    Global estimates and forecast by core 2017 – 2024 (‘000 units)

Table 6    Global market estimates by core 2013 – 2016 (USD Million)

Table 7    Global estimates and forecast by core, 2017 – 2024 (USD Million)

Table 8    Global market estimates by technology, 2013 – 2016 (‘000 units)

Table 9    Global estimates and forecast by technology, 2017 – 2024 (‘000 units)

Table 10    Global market estimates by technology, 2013 – 2016 (USD Million)

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