PUBLISHER: TechNavio | PRODUCT CODE: 1911433
PUBLISHER: TechNavio | PRODUCT CODE: 1911433
The global dry type transformer market is forecasted to grow by USD 4040.9 mn during 2025-2030, accelerating at a CAGR of 6.2% during the forecast period. The report on the global dry type transformer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing emphasis on safety and stringent environmental regulations, expansion of renewable energy infrastructure, proliferation of digital infrastructure and data centers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 6.2% |
| CAGR | 6.2% |
| Incremental Value | $4040.9 mn |
Technavio's global dry type transformer market is segmented as below:
By Type
By Product
By Technology
Geography
This study identifies the integration of smart technologies and digitalization as one of the prime reasons driving the global dry type transformer market growth during the next few years. Also, focus on enhanced eco-friendliness and energy efficiency and expansion into higher voltage ratings and increased power density will lead to sizable demand in the market.
The report on the global dry type transformer market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global dry type transformer market vendors that include ABB Ltd., alfanar Group, Bharat Heavy Electricals Ltd., CG Power and Industrial Ltd., Eaton Corp. Plc, Fuji Electric Co. Ltd., General Electric Co., Hammond Power Inc., Hitachi Ltd., Hyundai Motor Co., Mitsubishi Electric Corp., Schneider Electric SE, Siemens Energy AG, TBEA Co. Ltd., Toshiba Corp., Voltamp Transformers Ltd, WEG S.A. Also, the global dry type transformer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.