Global Oil Immersed Transformer and Dry Type Transformer Market Growth 2025-2031

Global Oil Immersed Transformer and Dry Type Transformer Market Growth 2025-2031

The global Oil Immersed Transformer and Dry Type 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.

The main functions of the transformer are: voltage transformation, current transformation, impedance transformation, isolation, voltage stabilization, etc. The voltage of AC transmission in China is up to 1,000 kV, while the voltage of generators is generally 3.15 kV, 6.3 kV, 10.5 kV and 15.75 kV, etc., which cannot be directly generated by generators, so it needs to be transmitted for a long distance through transformer boost. In addition, the working voltage required by most electrical appliances is generally 380V, 220V, 36V or smaller voltage, etc., also need to use the transformer to reduce the transmission voltage to meet the demand.

According to different classification methods, transformers are divided into the following categories: (1) according to the number of phase classification, divided into single-phase transformer, three-phase transformer and multi-phase transformer; (2) according to the use of classification, divided into power transformers, instrument transformers, furnace transformers, autotransformer and welding transformers; (3) according to the form of core structure classification, is divided into shell transformer, ring transformer and C type transformer; According to the cooling method, it is divided into oil-immersed transformer, air-cooled transformer, self-cooled transformer and dry-type transformer; According to the classification of core, it is divided into hollow transformer, magnetic core transformer and iron core transformer; According to the classification of moisture-proof, it is divided into open transformer, potting transformer and sealed transformer.

In Chinese Market, Oil Immersed Transformer and Dry Type Transformer key players include Siemens, Hitachi ABB, Schneider, etc. Global top 3 manufacturers hold a share over 33%.

In terms of product, Dry Type Transformer is the largest segment, with a share over 52%. And in terms of application, the largest application is Power Industry, followed by Metallurgical Industry, Rail Traffic, Municipal Construction, Petrochemical Industry, New Energy (Photovoltaic, Wind Power, etc.), Others.

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

This Insight Report provides a comprehensive analysis of the global Oil Immersed Transformer and Dry Type 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 Immersed Transformer and Dry Type Transformer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Oil Immersed Transformer and Dry Type Transformer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil Immersed Transformer and Dry Type 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 Immersed Transformer and Dry Type Transformer.

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

Segmentation by Type:
Oil Immersed Transformer
Dry Type Transformer

Segmentation by Application:
Power Industry
Metallurgical Industry
Rail Traffic
Municipal Construction
Petrochemical Industry
New Energy (Photovoltaic, Wind Power, etc.)
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
TOSHIBA
TBEA
China XD Electric
Baoding Tianwei Baobian Electric
Shandong Electrical Energy&Equipment
Wujiang Transformer
Sunten
Zhixin Dianqi
QRE
Dachi
Wolong
Jinpan Technology
Huapeng Transformer
YiDEA Technology
Sojo
Creat
Hezong
Shenda
Eagle Rise
Bye
Yinhe Biomed
Sanbian Sci-Tech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Oil Immersed Transformer and Dry Type Transformer market?

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

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

How do Oil Immersed Transformer and Dry Type Transformer market opportunities vary by end market size?

How does Oil Immersed Transformer and Dry Type Transformer break out by Type, by Application?

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