GLOBAL DRY-TYPE TRANSFORMER MARKET FORECAST 2021-2028

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GLOBAL DRY-TYPE TRANSFORMER MARKET FORECAST 2021-2028

According to Inkwood Research, the global dry-type transformer market was valued at $4.37 billion in 2020. Moreover, it is expected to reach $7.93 billion by 2028, growing with a CAGR of 6.25% over the forecast years. The base year considered for the market study is 2020, and the forecast period is from 2021 to 2028.

GLOBAL DRY-TYPE TRANSFORMER MARKET FORECAST 2021-2028

Global Dry-type Transformer Market by Type (Dry-type Converter Transformer, Dry-type Rectifier Transformer) by Technology (Cast Resin, Vacuum Pressure Impregnated) by Phase (Single-phase, Three-phase) by Voltage (Low-voltage, Medium-voltage) by End-user (Industrial (Marine, Chemical, Oil & Gas Industry, Renewable Energy Generation, Railway, Others), Commercial, Others) and by Geography.

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According to Inkwood Research, the global dry-type transformer market was valued at $4.37 billion in 2020. Moreover, it is expected to reach $7.93 billion by 2028, growing with a CAGR of 6.25% over the forecast years. The base year considered for the market study is 2020, and the forecast period is from 2021 to 2028.
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Key market drivers fueling the global dry-type transformer market growth:

  • Growing demand for electricity for different end-users
    • The global dry type transformer market observes a growing trend due to rapid industrialization and increased domestic demand for power. Besides, the need for electricity, worldwide, is steadily rising, leading to higher energy sources’ utilization.
    • Electrification projects in metro railways, stadiums, and other commercial spaces are likely to further increase the demand for dry-type transformers.
  • Growing adoption of non-conventional and renewable energy
  • Aging distribution and transmission infrastructure

Key factors restraining the global dry-type transformer market:

  • Development of solid-state transformers (SSTs)
  • Limitations of oil-cooled transformers
    • Dry-type transformers are inherently designed to handle small to medium voltage and MVA, thereby being highly suitable for smaller applications. However, oil-cooled transformers are capable of handling heavier loads.
    • As a result, applications that need higher voltages will require oil units. Therefore, oil-cooled transformers are used instead of dry-type transformers

The report scope of the global dry-type transformer market covers the segmentation analysis of type, technology, phase, voltage, and end-user:

Market by Type:

  • Dry-Type Converter Transformer
    • The dry-type converter transformer segment, under the type category, holds the largest market share.
    • Converter transformers are mainly used in excitation systems for turbo and hydro-generators, electric drives of drilling equipment, as semiconductor converters for the city’s traction substation, electrified public transport, and DC and AC electric drives.
    • New solar and wind energy farm investments are likely to increase the demand for converter transformers.
  • Dry-Type Rectifier Transformer

Geographically, the global dry-type transformer market has been segmented based on four major regions, which includes:

  • North America: The United States and Canada
    • North America is anticipated to be the fastest-growing region for the global dry-type transformer market.
    • Manufacturing plants such as automotive, chemical, oil & gas, solar energy, and electronics industries are the primary end-users of dry-type transformers.
    • Moreover, the increased adoption of renewable energy generation, and new metro projects are likely to offer new opportunities for power distribution systems such as, dry-type transformers.
  • Europe: The United Kingdom, Germany, France, Italy, Russia, Belgium, Poland, and Rest of Europe
  • Asia Pacific: China, Japan, India, South Korea, Indonesia, Thailand, Vietnam, Australia & New Zealand, and Rest of Asia Pacific
  • Rest of World: Latin America, the Middle East & Africa

Major players operating in the global dry-type transformer market:

  • Hammond Power Solutions Inc
  • Bharat Heavy Electricals Ltd
  • Fuji Electric Co Ltd
  • Eaton Corporation PLC
  • General Electric Company
  • Others

Key strategies adopted by some of these companies:

In July 2020, Hitachi acquired an 80.1% stake in ABB Ltd.’s power grid business, and formed a joint venture named Hitachi ABB power Grids Ltd. The acquisition helped Hitachi enhance its product portfolio of transformers. In February 2019, HPS announced the availability of an entirely new line of transformer products compliant to the NRCan 2019 efficiency regulations, which works for both industrial and harsh environments, termed HPS Titan N.

Key trends of the global dry-type transformer market:

  • Application of 3D core vacuum pressure impregnated (VPI) dry-type transformer presents lucrative market growth opportunities.
  • The development and adoption of smart grids and digital dry transformers increase productivity and profitability.
  • The low-voltage transformers segment, leads the voltage category, in the dry-type transformer market, during the forecast period.

 

Frequently Asked Questions & Answers (FAQ):

  • Why are dry-type transformers replacing wet transformers, within the renewable energy generation sector?

     A: Wet transformers are being replaced by dry-type transformers within the renewable energy sector, due to aspects such as their safety and design.

  • Which is the fastest-growing technology across the global dry-type transformer market?

     A: Vacuum pressure impregnated is the fastest-growing technology, across the dry-type transformer market.

  • Which phase holds the largest market share in the global dry-type transformer market?

     A: Single-phase holds the largest market share in the global dry-type transformer market.

  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    •    KEY DRIVER
      • GROWING DEMAND FOR ELECTRICITY FOR DIFFERENT END-USERS
      • GROWING ADOPTION OF NON-CONVENTIONAL AND RENEWABLE ENERGY
      • AGING DISTRIBUTION AND TRANSMISSION INFRASTRUCTURE
    •    KEY RESTRAINTS
      • DEVELOPMENT OF SOLID-STATE TRANSFORMERS (SSTS)
      • LIMITATIONS OF OIL-COOLED TRANSFORMERS
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 ON DRY-TYPE TRANSFORMER MARKET
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • REGULATORY FRAMEWORK
  2. MARKET BY TYPE
    • DRY-TYPE CONVERTER TRANSFORMER
    • DRY-TYPE RECTIFIER TRANSFORMER
  3. MARKET BY TECHNOLOGY
    • CAST RESIN
    • VACUUM PRESSURE IMPREGNATED
  4. MARKET BY PHASE
    • SINGLE-PHASE
    • THREE-PHASE
  5. MARKET BY VOLTAGE
    • LOW-VOLTAGE
    • MEDIUM-VOLTAGE
  6. MARKET BY END-USER
    •     INDUSTRIAL
      • MARINE
      • CHEMICAL
      • OIL & GAS INDUSTRY
      • RENEWABLE ENERGY GENERATION
      • RAILWAY
      • OTHERS
    • COMMERCIAL
    • OTHERS
  7. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    •    EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
    •    ASIA PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA PACIFIC
    •    REST OF WORLD
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    REGIONAL ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST & AFRICA
  8. COMPETITIVE LANDSCAPE
    •    KEY STRATEGIC DEVELOPMENTS
      • MERGER & ACQUISITIONS
      • PRODUCT LAUNCH & DEVELOPMENTS
      • PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
    •    COMPANY PROFILE
      • BHARAT HEAVY ELECTRICALS LTD
      • EATON CORPORATION PLC
      • FUJI ELECTRIC CO LTD
      • GENERAL ELECTRIC COMPANY
      • HAMMOND POWER SOLUTIONS INC
      • HANLEY ENERGY GCC
      • HITACHI LTD
      • HYOSUNG HEAVY INDUSTRIES
      • KIRLOSKAR ELECTRIC CO LTD
      • POWER SP ZOO
      • SCHNEIDER ELECTRIC SE
      • SIEMENS AG
      • TBEA CO LTD
      • VOLTAMP TRANSFORMERS LTD
      • WEG GROUP
      • CROMPTON GREAVES LIMITED
      • ABB LTD
      • HYUNDAI HEAVY INDUSTRIES CO LTD

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – DRY-TYPE TRANSFORMER

TABLE 2: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 4: GLOBAL DRY-TYPE CONVERTER TRANSFORMER MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: GLOBAL DRY-TYPE CONVERTER TRANSFORMER MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 6: GLOBAL DRY-TYPE RECTIFIER TRANSFORMER MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: GLOBAL DRY-TYPE RECTIFIER TRANSFORMER MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 8: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 9: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 10: GLOBAL CAST RESIN MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 11: GLOBAL CAST RESIN MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 12: GLOBAL VACUUM PRESSURE IMPREGNATED MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 13: GLOBAL VACUUM PRESSURE IMPREGNATED MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 14: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY PHASE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 15: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY PHASE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 16: GLOBAL SINGLE-PHASE MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 17: GLOBAL SINGLE-PHASE MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 18: GLOBAL THREE-PHASE MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 19: GLOBAL THREE-PHASE MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 20: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY VOLTAGE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 21: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY VOLTAGE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 22: GLOBAL LOW-VOLTAGE MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 23: GLOBAL LOW-VOLTAGE MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 24: GLOBAL MEDIUM-VOLTAGE MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 25: GLOBAL MEDIUM-VOLTAGE MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 26: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 27: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 28: GLOBAL INDUSTRIAL MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 29: GLOBAL INDUSTRIAL MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 30: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY INDUSTRIAL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 31: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY INDUSTRIAL, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 32: GLOBAL MARINE MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 33: GLOBAL MARINE MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 34: GLOBAL CHEMICAL MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 35: GLOBAL CHEMICAL MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 36: GLOBAL OIL AND GAS MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 37: GLOBAL OIL AND GAS MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 38: GLOBAL RENEWABLE ENERGY GENERATION MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 39: GLOBAL RENEWABLE ENERGY GENERATION MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 40: GLOBAL RAILWAY MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 41: GLOBAL RAILWAY MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 42: GLOBAL OTHERS MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 43: GLOBAL OTHERS MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 44: GLOBAL COMMERCIAL MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 45: GLOBALCOMMERCIAL MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 46: GLOBAL OTHERS MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 47: GLOBAL OTHERS MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 48: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 49: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY GEOGRAPHY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 50: NORTH AMERICA DRY-TYPE TRANSFORMER MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 51: NORTH AMERICA DRY-TYPE TRANSFORMER MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 52: LEADING PLAYERS OPERATING IN NORTH AMERICA DRY-TYPE TRANSFORMER MARKET

TABLE 53: EUROPE DRY-TYPE TRANSFORMER MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 54: EUROPE DRY-TYPE TRANSFORMER MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 55: LEADING PLAYERS OPERATING IN EUROPE DRY-TYPE TRANSFORMER MARKET

TABLE 56: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 57: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 58: LEADING PLAYERS OPERATING IN ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET

TABLE 59: REST OF WORLD DRY-TYPE TRANSFORMER MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 60: REST OF WORLD DRY-TYPE TRANSFORMER MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 61: LEADING PLAYERS OPERATING IN REST OF WORLD DRY-TYPE TRANSFORMER MARKET

LIST OF FIGURE

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: GLOBAL DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

FIGURE 6: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY DRY-TYPE CONVERTER TRANSFORMER, 2021-2028 (IN $ MILLION)

FIGURE 7: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY DRY-TYPE RECTIFIER TRANSFORMER, 2021-2028 (IN $ MILLION)

FIGURE 8: GLOBAL DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020

FIGURE 9: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY CAST RESIN, 2021-2028 (IN $ MILLION)

FIGURE 10: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY VACUUM PRESSURE IMPREGNATED, 2021-2028 (IN $ MILLION)

FIGURE 11: GLOBAL DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY PHASE, IN 2020

FIGURE 12: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY SINGLE-PHASE, 2021-2028 (IN $ MILLION)

FIGURE 13: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY THREE-PHASE, 2021-2028 (IN $ MILLION)

FIGURE 14: GLOBAL DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY VOLTAGE, IN 2020

FIGURE 15: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY LOW-VOLTAGE, 2021-2028 (IN $ MILLION)

FIGURE 16: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY MEDIUM-VOLTAGE, 2021-2028 (IN $ MILLION)

FIGURE 17: GLOBAL DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

FIGURE 18: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

FIGURE 19: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY MARINE, 2021-2028 (IN $ MILLION)

FIGURE 20: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY CHEMICAL, 2021-2028 (IN $ MILLION)

FIGURE 21: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY OIL AND GAS, 2021-2028 (IN $ MILLION)

FIGURE 22: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY RENEWABLE ENERGY, 2021-2028 (IN $ MILLION)

FIGURE 23: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY RAILWAY, 2021-2028 (IN $ MILLION)

FIGURE 24: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 25: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)

FIGURE 26: GLOBAL DRY-TYPE TRANSFORMER MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 27: NORTH AMERICA DRY-TYPE TRANSFORMER MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 28: UNITED STATES DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 29: CANADA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 30: EUROPE DRY-TYPE TRANSFORMER MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 31: UNITED KINGDOM DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 32: GERMANY DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 33: FRANCE DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 34: ITALY DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 35: RUSSIA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 36: BELGIUM DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 37: POLAND DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 38: REST OF EUROPE DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 39: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 40: CHINA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 41: JAPAN DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 42: INDIA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 43: SOUTH KOREA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 44: INDONESIA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 45: THAILAND DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 46: VIETNAM DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 47: AUSTRALIA & NEW ZEALAND DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 48: REST OF ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION

FIGURE 49: REST OF WORLD DRY-TYPE TRANSFORMER MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 50: LATIN AMERICA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 51: MIDDLE EAST & AFRICA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

  1. MARKET BY TYPE
    • DRY-TYPE CONVERTER TRANSFORMER
    • DRY-TYPE RECTIFIER TRANSFORMER
  2. MARKET BY TECHNOLOGY
    • CAST RESIN
    • VACUUM PRESSURE IMPREGNATED
  3. MARKET BY PHASE
    • SINGLE-PHASE
    • THREE-PHASE
  4. MARKET BY VOLTAGE
    • LOW-VOLTAGE
    • MEDIUM-VOLTAGE
  5. MARKET BY END-USER
    •    INDUSTRIAL
      • MARINE
      • CHEMICAL
      • OIL & GAS INDUSTRY
      • RENEWABLE ENERGY GENERATION
      • RAILWAY
      • OTHERS
    • COMMERCIAL
    • OTHERS
  6. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    •    EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
    •    ASIA PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA PACIFIC
    •    REST OF WORLD
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    REGIONAL ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST & AFRICA

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