Dry Transformer Market Four Segments - Type, Phase Type, Voltage Range, and Application.

Market Scenario: -

Dry type transformer does not utilize liquid where it is winding with core be immersed. Rather windings with core are kept in a sealed tank that is pressurized with air. It is fire resistant transformers and is suited to be installed in high-rise buildings, steel factories, hospitals, school, chemical plants, and other places wherever fire safety is of top importance. This transformer not causing any environmental deterioration, and is highly reliable over the years. Increasing investment in the renewable sector is rigorously driving the global dry transformer market. To reduce the dependency on conventional fossil fuels, many countries across the globe are diverting towards the renewable energy power generation. However, increasing reputation of bio-based and naphthenic transformer oil may hamper the growth of the market.

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. As U.S economy is witnessing enormous growth due to phenomenal industrialization and urbanization across the country, it is expected that the U.S. will hold one of the largest shares in the global transformer market. Europe is another major market for the dry transformers. It is expected to contribute significantly during the forecast period. In South America, Brazil, Argentina, are the major markets for the dry type transformer. The Argentina government is in the process of commissioning large projects, both in the transmission and generation sectors. To meet the rising demand, it has been estimated that about 1,000 MW of new generation capacity is needed each year. All these major factors are expected to boost the dry transformer in the forecast period.

Market Research Analysis

For this study, the global dry transformer market has been divided into four segments type, service, elevator technology, and end user. By phase type, the market has been segmented into Single-Phase, and Three-Phase. The single-phase transformers are usually used in commercial low voltage application as electronic devices. They operate as step down voltage transformer and decrease the home voltage value to the value suitable for electronics supplying. A three-phase transformer is a three-legged iron core. Each leg has a particular primary and secondary winding. This is a more expensive solution and is used in high power system.

Key Player :

The prominent players in the dry transformer market include Hammond Power Solution Inc. (Canada), ABB Ltd.(Switzerland), Siemens AG (Germany), General Electric (U.S.), Jinpan International Ltd.(China), Schneider Electric (France), TBEA Transformer Industrial Group (China), Eaton Corporation (Ireland), Crompton Graves Ltd. (India), Voltamp Transformer Ltd.(India), Virginia Transformer Corp (U.S), Kirloskar Electric Company (India), and Kotsons Pvt. Ltd (India).

The report for Global Dry Transformer Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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