Global Oil-immersed Transformers and Dry-type Transformers Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Oil-immersed Transformers and Dry-type Transformers market size will reach  Million USD in 2025 and is projected to reach  Million USD by 2032, with a CAGR of  % (2025-2032). Notably, the China Oil-immersed Transformers and Dry-type Transformers market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

Oil-immersed transformers, also known as liquid-filled transformers, are electrical transformers that use oil as a coolant and insulating medium. These transformers are typically filled with mineral oil or less frequently, with synthetic oil. The oil serves multiple purposes, including cooling the transformer, providing insulation between the windings and core, and preventing the formation of air bubbles or voids that may lead to electrical discharges. The oil-immersed transformers are generally preferred for higher voltage applications due to their excellent cooling properties and higher power ratings. On the other hand, dry-type transformers are transformer units that do not use any liquid as an insulating or cooling medium. They have insulated windings and core that are encapsulated and protected by epoxy resin or other suitable materials. Dry-type transformers are often used in applications where fire safety and environmental concerns are important, such as commercial buildings, schools, hospitals, and indoor industrial settings. They have the advantage of being maintenance-free, reducing the risk of oil leaks or spills, and eliminating the need for oil containment systems. Dry-type transformers are also more suitable for locations where maintenance access is limited or where it is not feasible to have liquid-filled equipment.

The major global  manufacturers of Oil-immersed Transformers and Dry-type Transformers include Hitachi ABB, Siemens, Schneider, TOSHIBA, China XD Electric, TBEA, Baoding Tianwei Baobian Electric, Shandong Electrical Energy&Equipment, Wujiang Transformer, Zhixin Dianqi, Sunten, QRE, Dachi, Huapeng Transformer, Jinpan Technology, Wolong, YiDEA Technology, Sojo, Creat, Hezong, Shenda, Eagle Rise, Bye, Yinhe Biomed, Sanbian Sci-Tech, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Oil-immersed Transformers and Dry-type Transformers. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Oil-immersed Transformers and Dry-type Transformers market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Oil-immersed Transformers and Dry-type Transformers market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Oil-immersed Transformers and Dry-type Transformers industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Oil-immersed Transformers and Dry-type Transformers Include:

Hitachi ABB

Siemens

Schneider

TOSHIBA

China XD Electric

TBEA

Baoding Tianwei Baobian Electric

Shandong Electrical Energy&Equipment

Wujiang Transformer

Zhixin Dianqi

Sunten

QRE

Dachi

Huapeng Transformer

Jinpan Technology

Wolong

YiDEA Technology

Sojo

Creat

Hezong

Shenda

Eagle Rise

Bye

Yinhe Biomed

Sanbian Sci-Tech

Oil-immersed Transformers and Dry-type Transformers Product Segment Include:

Oil Immersed Transformer

Dry Type Transformer

Oil-immersed Transformers and Dry-type Transformers Product Application Include:

Power Industry

Metallurgical Industry

Rail Traffic

Municipal Construction

Petrochemical Industry

New Energy Industry

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Oil-immersed Transformers and Dry-type Transformers Industry PESTEL Analysis

Chapter 3: Global Oil-immersed Transformers and Dry-type Transformers Industry Porter's Five Forces Analysis

Chapter 4: Global Oil-immersed Transformers and Dry-type Transformers Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Oil-immersed Transformers and Dry-type Transformers Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Oil-immersed Transformers and Dry-type Transformers Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Oil-immersed Transformers and Dry-type Transformers Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources