Global Oil Transformer Market Growth 2025-2031

The global Oil Transformer market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Oil transformer is one of the important equipment in the power supply and distribution system of industrial and mining enterprises and civil buildings. This kind of product is suitable for AC 50 (60) Hz, three-phase maximum rated capacity 2500kVA (single-phase maximum rated capacity 833kVA, generally not recommended to use single-phase transformer), can be used indoors (outside), the capacity of 315kVA and below can be installed on the pole, the ambient temperature is not higher than 40 ° C, not lower than -25 ° C. The maximum daily average temperature is 30℃, the maximum annual average temperature is 20℃, the relative humidity is not more than 90% (ambient temperature is 25℃), and the altitude is not more than 1000m. Transformer oil is a petroleum liquid, which has the possibility of combustion and has disadvantages in environmental protection. However, due to the characteristics of transformer oil with excellent performance and low price, the vast majority of power transformers still use transformer oil as insulation and cooling media. Can be divided into three phase transformer and single phase transformer. In the three-phase power system, three-phase transformers are generally used, and when the capacity is too large and limited by transportation conditions, three single-phase transformers can also be used in the three-phase power system to form a transformer group.

United States market for Oil Transformer is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Oil Transformer is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Oil Transformer is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Oil Transformer players cover Siemens, Hitachi ABB, Schneider, GE, TOSHIBA, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Oil Transformer Industry Forecast” looks at past sales and reviews total world Oil Transformer sales in 2024, providing a comprehensive analysis by region and market sector of projected Oil Transformer sales for 2025 through 2031. With Oil Transformer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil Transformer industry.

This Insight Report provides a comprehensive analysis of the global Oil Transformer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oil Transformer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Oil Transformer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil Transformer and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oil Transformer.

This report presents a comprehensive overview, market shares, and growth opportunities of Oil Transformer market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Three-Phase Transformer
Single-Phase Transformer

Segmentation by Application:
Electricity
Metallurgy
Rail Traffic
Petrification
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Siemens
Hitachi ABB
Schneider
GE
TOSHIBA
Eaton
ElsewedyElectric
Celme
TBEA
China XD Electric
Baobian Electric
Shandong Electrical Engineering&Equipment
Wujiang Transformer
Areva-Sunten Electric
State Grid Yingda
Hangzhou Qianjiang Electric
Shandong Dachi Electric
Wolong Holding
Daqo Group
Jiangsu Huapeng Transformer
Jiangsu Yangdong Electric
Beijing Shuangjie Electric
Beijing Hezong Science&Technology
Shanghai Electric Group
Eaglerise Electric&Electronic
Guangzhou Baiyun Electric Equipment

Key Questions Addressed in this Report

What is the 10-year outlook for the global Oil Transformer market?

What factors are driving Oil Transformer market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Oil Transformer market opportunities vary by end market size?

How does Oil Transformer break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.