Dry Type Transformer Market

The major drivers for the market include rise in demand for electricity, eco-friendly product, and safety over liquid-filled transformers. On the Others 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.
Dry Type Transformer Market contains market size and forecasts of Dry Type Transformer in global, including the following market information:
Global Dry Type Transformer Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Dry Type Transformer Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Dry Type Transformer companies in 2021 (%)
The global Dry Type Transformer market was valued at 5862.6 million in 2021 and is projected to reach US$ 7946.4 million by 2028, at a CAGR of 4.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Low Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Dry Type Transformer include Hammond Power Solutions Inc., ABB Ltd., Eaton Corporation, Siemens Ag, Crompton Greaves Ltd., Voltamp Transformers Ltd., Schneider Electric Se, Tbea Transformer Industrial Group and Jinpan International Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Dry Type Transformer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Dry Type Transformer Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Dry Type Transformer Market Segment Percentages, by Type, 2021 (%)
Low
Medium
Global Dry Type Transformer Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Dry Type Transformer Market Segment Percentages, by Application, 2021 (%)
Industrial
Commercial
Others
Global Dry Type Transformer Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Dry Type Transformer Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Dry Type Transformer revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Dry Type Transformer revenues share in global market, 2021 (%)
Key companies Dry Type Transformer sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Dry Type Transformer sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hammond Power Solutions Inc.
ABB Ltd.
Eaton Corporation
Siemens Ag
Crompton Greaves Ltd.
Voltamp Transformers Ltd.
Schneider Electric Se
Tbea Transformer Industrial Group
Jinpan International Ltd.
Bharat Heavy Electricals Ltd.
General Electric