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Global Dry-Type Transformers Market 2017-2021

Global Dry-Type Transformers Market 2017-2021

About dry-type transformers

Electrical transformers are devices that convert electricity from one voltage to another for T&D purposes. Dry-type transformers are transformers where windings with core are kept within a sealed tank that is pressurized with air. These transformers are of various types which include cast resin dry-type transformer and vacuum pressure impregnated transformer.

Technavio’s analysts forecast the global dry-type transformers market to grow at a CAGR of 5.31% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global dry-type transformers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of dry-type transformers.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Dry-Type Transformers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Crompton Greaves
  • GE
  • Schneider Electric
  • Siemens
Other prominent vendors
  • DuPont
  • Eaton
  • ELANTAS
  • Fuji Electric
  • Hammond Power Solution (HPS)
  • Jinpan International
  • Kirloskar Electric
  • KOTSONS
  • MGM Transformer Company
  • Prima Transformers
  • Raychem RPG
  • Synergy Transformers
  • TBEA Transformer Industrial Group
  • Temco
  • Vijay Power Control Systems
  • Virginia Transformer
  • Voltamp Transformers
Market driver
  • Modernization of existing transformers
  • For a full, detailed list, view our report
Market challenge
  • Evolution of eco-efficient power transformers
  • For a full, detailed list, view our report
Market trend
  • Increasing popularity of dry-type transformers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Dry-Type Transformers Market 2017-2021

Technavio recognizes the following companies as the key players in the global dry-type transformers market: ABB, Crompton Greaves, GE, Schneider Electric, and Siemens.

Other Prominent Vendors in the market are: DuPont, Eaton, ELANTAS, Fuji Electric, Hammond Power Solution, Jinpan International, Kirloskar Electric, KOTSONS, MGM Transformer Company, Prima Transformers, Raychem RPG, Synergy Transformers, TBEA Transformer Industrial, Temco, Vijay Power Control Systems, Virginia Transformer, and Voltamp Transformers.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing popularity of dry-type transformers. Dry-type transformers due to the absence of inflammable oils, are preferred over oil-filled transformers, to avoid risks of fire. Typical places which have high risks of fire include commercial areas like airports and malls and residential complexes.”

According to the report, one of the major drivers for this market is modernization of existing transformers. The increase in installation activities regarding new transformers and the replacement of old transformers with new ones are fueling the growth of the global dry-type transformers market.

Further, the report states that one of the major factors hindering the growth of this market is evolution of eco-efficient power transformers. Several transformer manufacturers have started to design and manufacture environment-friendly products based on customer demand for the same. Customers need transformers that are negligibly hazardous to the environment and at the same time offer improved life cycle costs along with minimal maintenance requirements and enhanced service lifetime.

Companies Mentioned

ABB, Crompton Greaves, GE, Schneider Electric, Siemens, DuPont, Eaton, ELANTAS, Fuji Electric, Hammond Power Solution, Jinpan International, Kirloskar Electric, KOTSONS, MGM Transformer Company, Prima Transformers, Raychem RPG, Synergy Transformers, TBEA Transformer Industrial, Temco, Vijay Power Control Systems, Virginia Transformer, Voltamp Transformers.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Types of dry-type transformers
    • Cast resin dry-type transformer
    • Vacuum pressure impregnated transformer
      • Table Advantages of vacuum pressure impregnated transformers
  • Market landscape
    • Market size and forecast
      • Table Impact of application sector on global dry-type transformers market 2016-2021
    • Global power outlook
      • Table Global power outlook
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Global dry-type transformers market: Application segmentation 2016 and 2021
    • Distribution transformers
      • Table Global dry-type distribution transformers market 2016-2021 ($ billions)
      • Table Global distribution transformers market 2016-2021 ($ billions)
    • Power transformers
      • Table Global dry-type power transformers market 2016-2021 ($ billions)
      • Table Global power transformers market 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global dry-type transformers market: Geographic segmentation 2016 and 2021
    • Dry-type transformers market in APAC
      • Table T&D line length addition and refurbishment in APAC 2014-2035 (thousand miles)
      • Table Dry-type transformers market in APAC 2016-2021 ($ billions)
    • Dry-type transformers market in EMEA
      • Table T&D line length addition and refurbishment in EMEA 2014-2035 (thousand miles)
      • Table Dry-type transformers market in EMEA 2016-2021 ($ billions)
    • Dry-type transformers market in Americas
      • Table T&D line length addition and refurbishment in Americas 2014-2035 (thousand miles)
      • Table Dry-type transformers market in Americas 2016-2021 ($ billions)
  • Market drivers
    • Modernization of existing transformers
      • Table Power generation capacity addition in India 2013-2015 (GW)
    • Deterioration of transformer oil due to moisture ingress
      • Table Reasons for moisture influx
    • Corrosive nature of sulfur present in transformer oil
  • Market challenges
    • Environmentally friendly and more fire-resistant insulating liquids
      • Table Types of insulating liquids used in transformers
      • Table Advantages of alternative insulating liquids over mineral oil
      • Table Disadvantages of certain alternative insulating liquids
    • Evolution of eco-efficient power transformers
      • Table Seven green criteria covering three phases of product lifecycle
      • Table Conventional and green eco-efficient power transformers: A comparative study
    • Increasing popularity of bio-based and naphthenic transformer oil
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increasing popularity of dry-type transformers
    • T&D expansion leading to increase in transformer installations
    • Renewable power generation capacity expansion
  • Vendor landscape
    • Competitive landscape
      • Table Key vendors
      • Table Geographic presence of key vendors
    • Other prominent vendors
  • Key vendor analysis
    • ABB
    • Crompton Greaves
    • GE
    • Schneider Electric
    • Siemens
  • Appendix
    • List of abbreviations
  • Explore Technavio

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