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Asia Pacific Dry Type Distribution Transformer Market Size - By Core (Closed, Shell, Berry), By Product, By Winding, By Rating (= 250 kVA, > 250 kVA to = 1 MVA, > 1 MVA), By Application, Country Insights & Forecast, 2024 – 2032

Publisher Global Market Insights
Published Mar 22, 2024
Length 150 Pages
SKU # GMI18979742

Description

Asia Pacific Dry Type Distribution Transformer Market Size - By Core (Closed, Shell, Berry), By Product, By Winding, By Rating (≤ 250 kVA, > 250 kVA to ≤ 1 MVA, > 1 MVA), By Application, Country Insights & Forecast, 2024 – 2032


Asia Pacific Dry Type Distribution Transformer Market size will record 8.8% CAGR from 2024 to 2032, driven by continuous advancements in transformer technology coupled with increasing environmental conservation awareness. With technological evolution, these transformers have become more efficient, reliable, and eco-friendly, further aligning with the sustainability goals of the region. The strong government emphasis on energy efficiency have made way for stringent regulations.

With the growing focus on reducing carbon footprints, the superior performance and environmental benefits of dry type transformers will position them as the preferred choice, driving market expansion across the region. For instance, in June 2023, Straton Electricals introduced cycloaliphatic cast resin instrument transformers, rigorously tested and ideal for outdoor use for providing numerous benefits compared to traditional oil transformers. As industries across the Asia Pacific prioritize energy efficiency and environmental sustainability, the adoption of these advanced transformers will drive the market growth.

The overall industry is segmented on the basis of core, rating, winding, application, product, and country.

Based on product, the cast resin segment will capture considerable share by 2032, owing to its superior insulation properties, resistance to environmental factors, and enhanced safety features. As industries across the region prioritize efficiency and sustainability, the demand for cast resin dry type transformers will surge. With their reliability and versatility, they stand as the preferred choice for various applications

In terms of application, the Asia Pacific dry type distribution transformer market from the commercial & industrial segment will witness significant growth by 2032 due to the escalating energy demands of commercial complexes, manufacturing facilities, and infrastructure projects across the region. As businesses increasingly prioritize efficiency, reliability, and safety, the adoption of dry type transformers in commercial and industrial applications will rise.

India dry type distribution transformer industry will demonstrate a remarkable CAGR from 2024 to 2032, attributed to ambitious infrastructure projects, rapid urbanization, and government initiatives for promoting renewable energy. As the nation marches towards energy efficiency and sustainability goals, the demand for dry type transformers will continue to escalate. With the burgeoning industrial sector and increasing investments in modernizing the electrical grid, India will emerge as a notable contributor to the transformer market growth.

Table of Contents

150 Pages
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Market estimates & forecast parameters
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
Chapter 2 Executive Summary
2.1 Industry 360 degree synopsis, 2019 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Vendor matrix
3.2 Regulatory landscape
3.3 Industry impact forces
3.3.1 Growth drivers
3.3.2 Industry pitfalls & challenges
3.4 Growth potential analysis
3.5 Porter's analysis
3.5.1 Bargaining power of suppliers
3.5.2 Bargaining power of buyers
3.5.3 Threat of new entrants
3.5.4 Threat of substitutes
3.6 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Strategic outlook
4.2 Innovation & sustainability landscape
Chapter 5 Market Size and Forecast, By Core ('000 Units & USD Million)
5.1 Key trends
5.2 Closed
5.3 Shell
5.4 Berry
Chapter 6 Market Size and Forecast, By Product ('000 Units & USD Million)
6.1 Key trends
6.2 Open wound
6.3 Cast resin
6.4 Vacuum pressure impregnated
6.5 Vacuum pressure encapsulated
Chapter 7 Market Size and Forecast, By Winding ('000 Units & USD Million)
7.1 Key trends
7.2 Two winding
7.3 Auto transformer
Chapter 8 Market Size and Forecast, By Rating ('000 Units & USD Million)
8.1 Key trends
8.2< 250 kVA
8.3 > 250 kVA to< 1 MVA
8.4 > 1 MVA
Chapter 9 Market Size and Forecast, By Application ('000 Units & USD Million)
9.1 Key trends
9.2 Residential
9.3 Commercial & industrial
9.4 Utility
Chapter 10 Market Size and Forecast, By Country ('000 Units & USD Million)
10.1 Key trends
10.2 China
10.3 Japan
10.4 South Korea
10.5 India
10.6 Australia
Chapter 11 Company Profiles
11.1 ABB
11.2 Bharat Heavy Electricals Limited
11.3 CG Power & Industrial Solutions Ltd.
11.4 Eaton
11.5 Elsewedy Electric
11.6 Fuji Electric Co., Ltd.
11.7 General Electric
11.8 Hitachi Energy Ltd.
11.9 Huntsman International LLC
11.10 HYOSUNG HEAVY INDUSTRIES
11.11 IMEFY GROUP
11.12 Mitsubishi Electric Corporation
11.13 ORMAZABAL
11.14 Schneider Electric
11.15 Siemens
11.16 Toshiba Energy Systems & Solutions Corporation
11.17 Voltamp
11.18 WEG

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