Global Cast Resin Dry-Type Transformers for Wind Power Market Growth 2024-2030

Global Cast Resin Dry-Type Transformers for Wind Power Market Growth 2024-2030

Transformers are one of the main equipment in wind farms. Wind power generation needs to pass through substations before it can be connected to the grid. Wind farm substations are mainly equipped with transformers, distribution devices and control equipment, etc., which are used to increase voltage, control the gathering and transmission of power generated by wind turbines. The step-up transformer realizes the voltage conversion from the wind turbine outlet voltage of 690V to 35kV/10kV (with the increase of wind turbine unit capacity, the voltage on the low and high voltage sides will also be further increased), reducing the loss of wind turbine output power during transmission. Depending on the capacity of the wind turbine, it may be placed inside or outside the wind turbine tower. Epoxy cast dry-type transformers use epoxy resin as the insulation material. The high and low voltage windings are wound with copper strips (foils), and epoxy resin is cast and cured in a vacuum to form a high-strength fiberglass structure. The insulation grades are F and H. Epoxy resin dry-type transformers have the characteristics of good electrical performance, strong lightning impact resistance, strong short-circuit resistance, small size and light weight. A temperature display controller can be installed to display and control the operating temperature of the transformer winding to ensure the normal service life of the transformer.

The global Cast Resin Dry-Type Transformers for Wind Power market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Cast Resin Dry-Type Transformers for Wind Power Industry Forecast” looks at past sales and reviews total world Cast Resin Dry-Type Transformers for Wind Power sales in 2023, providing a comprehensive analysis by region and market sector of projected Cast Resin Dry-Type Transformers for Wind Power sales for 2024 through 2030. With Cast Resin Dry-Type Transformers for Wind Power sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cast Resin Dry-Type Transformers for Wind Power industry.

This Insight Report provides a comprehensive analysis of the global Cast Resin Dry-Type Transformers for Wind Power 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 Cast Resin Dry-Type Transformers for Wind Power portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cast Resin Dry-Type Transformers for Wind Power market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cast Resin Dry-Type Transformers for Wind Power 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 Cast Resin Dry-Type Transformers for Wind Power.

Global total installation of wind power is 117GW in 2023 represents a 50% year-on-year increase from 2022. 2023 was a year of continued global growth – 54 countries representing all continents built new wind power. GWEC has revised its 2024-2030 growth forecast (1210GW) upwards by 10%, in response to the establishment of national industrial policies in major economies, gathering momentum in offshore wind and promising growth among emerging markets and developing economies.

This report presents a comprehensive overview, market shares, and growth opportunities of Cast Resin Dry-Type Transformers for Wind Power market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
35KV
66KV
Others

Segmentation by Application:
Onshore Wind
Offshore Wind

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.
Hitachi Energy
Siemens
SGB-SMIT Group
Schneider Electric
Jinpan Technology
Jiangsu Huapeng Transformer
Shandong Taikai
Guangdong Mingyang Electric
Sanbian Sci-Tech Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cast Resin Dry-Type Transformers for Wind Power market?

What factors are driving Cast Resin Dry-Type Transformers for Wind Power market growth, globally and by region?

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

How do Cast Resin Dry-Type Transformers for Wind Power market opportunities vary by end market size?

How does Cast Resin Dry-Type Transformers for Wind Power break out by Type, by Application?



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