Asia Pacific Dry Type Transformer Market - By Core (Closed, Shell, Berry), By Technology, By Insulation, By Product, By Winding, By Mounting, By Application & Forecast, 2023

Description

List of Tables

Asia Pacific Dry Type Transformer Market will witness 8.6% CAGR between 2023 and 2032. The increasing demand driven by a surge in collaborations between industry players, leading to the introduction of new products, supports the market. For instance, in May 2023, Huntsman, renowned for its advanced materials, collaborated with TBEA Group, a global leader in power transmission and distribution equipment manufacturing, boasting a world-leading annual transformer output of 260 million kVA. Together, they worked on an outdoor dry-type transformer (DDT), distinguished as the world's largest in capacity and voltage. Following successful final trials, this transformer officially began operating at the end of April.

These partnerships promote innovation and offer more efficient and eco-friendly dry type transformers. As a result, the dry type transformer market demand is witnessing substantial growth, with a growing array of technologically advanced and sustainable options available to meet the evolving energy needs in the region.

The overall Asia Pacific Dry Type Transformer Market is classified based on technology, applications, and country.

Self-air segment will undergo significant development from 2023 to 2032. Self-air dry type transformers utilize natural cooling methods without the need for external cooling systems, making them energy-efficient and environmentally friendly. As the region focuses on sustainability and energy conservation, the adoption of self-air technology in dry type transformers is on the rise. This trend is driving dry type transformers market growth in Asia Pacific as it aligns with green energy initiatives and efficiency improvements.

Inner-city substations segment will register a notable CAGR from 2023 to 2032. As urbanization accelerates across the region, inner-city substations are critical to meet the rising energy needs of densely populated areas. Dry type transformers are preferred for their safety and reduced fire risk, making them an ideal choice for these locations. The dry type transformers market demand in inner-city substations continues to grow, ensuring reliable power distribution in urban environments.

Asia Pacific dry type transformer market from Japan will showcase an appreciable CAGR from 2023 to 2032. The country's stringent safety standards and environmental concerns have accelerated the adoption of dry type transformers. They are chosen for their reduced fire risk and environmental friendliness. Japan's focus on energy efficiency and resilience in its power infrastructure has made dry type transformers a preferred choice, contributing to their substantial demand in the region. The rising product launches by prominent players support the market in the country.

For instance, in June 2023, Hitachi Energy enthusiastically took part in CWIEME Berlin 2023, the preeminent exhibition for coil winding, insulation, and electrical manufacturing. A notable highlight by the company at the event was the unveiling of EasyDry®, a groundbreaking family of paperless, dry-type high-voltage (HV) transformer bushings. This innovative solution, with capabilities up to 550 kilovolts (kV), redefines the standards of reliability, sustainability, and cost-effectiveness in transformer bushings, garnering considerable anticipation at the event.

Product Code: 6639

Chapter 1 Methodology & Scope

1.1 Market scope and definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Asia Pacific Dry Type Transformer Industry Insights

2.1 Industry ecosystem analysis
- 2.1.1 Vendor Matrix
2.2 Regulatory landscape
2.3 Industry impact forces
- 2.3.1 Growth drivers
- 2.3.2 Industry pitfalls & challenges
2.4 Growth potential analysis
2.5 Porter's Analysis
- 2.5.1 Bargaining power of supplier
- 2.5.2 Bargaining power of buyer
- 2.5.3 Threat of new entrants
- 2.5.4 Threat of substitutes
2.6 PESTEL Analysis
2.7 COVID- 19 impact on the industry outlook
- 2.7.1 Overall view

Chapter 3 Competitive Benchmarking

3.1 Innovation & sustainability landscape
3.2 Competitive landscape, 2022
- 3.2.1 Strategy dashboard

Chapter 4 Asia Pacific Dry Type Transformer Market, By Core

4.1 Key core trends
4.2 Closed
4.3 Shell
4.4 Berry

Chapter 5 Asia Pacific Dry Type Transformer Market, By Technology

5.1 Key technology trends
5.2 Self air
5.3 Air blast

Chapter 6 Asia Pacific Dry Type Transformer Market, By Insulation

6.1 Key insulation trends
6.2 Class R
6.3 Class H
6.4 Class F
6.5 Class B
6.6 Class A

Chapter 7 Asia Pacific Dry Type Transformer Market, By Product

7.1 Key product trends
7.2 Open wound
7.3 Cast resin
7.4 Vacuum pressure impregnated
7.5 Vacuum pressure encapsulated

Chapter 8 Asia Pacific Dry Type Transformer Market, By Winding

8.1 Key winding trends
8.2 Two winding
8.3 Auto transformer

Chapter 9 Asia Pacific Dry Type Transformer Market, By Rating

9.1 Key rating trends
9.2 ≤ 5 MVA
9.3 > 5 MVA to ≤ 30 MVA
9.4 > 30 MVA

Chapter 10 Asia Pacific Dry Type Transformer Market, By Mounting

10.1 Key mounting trends
10.2 Pad
10.3 Pole
10.4 Others

Chapter 11 Asia Pacific Dry Type Transformer Market, By Application

11.1 Key application trends
11.2 Industries
11.3 Inner-city substations
11.4 Indoor/underground substations
11.5 Renewable generation
11.6 Others

Chapter 12 Asia Pacific Dry Type Transformer Market, By Country

12.1 Key country trends
12.2 China
12.3 Japan
12.4 South Korea
12.5 India
12.6 Australia

Chapter 13 Company Profiles

13.1 ABB
13.2 General Electric
13.3 Eaton
13.4 Schneider Electric
13.5 Siemens Energy
13.6 Hitachi Energy Ltd.
13.7 CG Power & Industrial Solutions Ltd.
13.8 Toshiba Energy Systems & Solutions Corporation
13.9 Bharat Heavy Electricals Limited (BHEL)
13.10 Raychem RPG Private Limited
13.11 Fuji Electric Co., Ltd.
13.12 WEG
13.13 TMC Transformers S.P.A.
13.14 SGB SMIT
13.15 URJA Techniques