Oil Filled Transformer Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global oil filled transformer market is expected to grow at a CAGR of around 6.4% during 2025-2034. This report on global oil filled transformer market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global oil filled transformer market by segmenting the market based on product, rating, mounting, installation, application and region. Also, detailed profiles of companies operating in the oil filled transformer market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing Electric Infrastructure Spending
• Growing Smart Grid Adoption
Market Challenges
• Adoption of Alternate Transformer Technologies
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Product
• Distribution Transformers
• Power Transformers
• Instrument Transformers
• Other Products
Market by Rating
• Less Than 5 MVA
• 5 MVA To 10 MVA
• Above 10 MVA
Market by Mounting
• Pad
• Pole
• Foundation
• Other Mounting
Market by Installation
• Indoor
• Outdoor
Market by Application
• Residential and Commercial
• Industrial
• Utility
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Oil Filled Transformer Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Oil Filled Transformer Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Oil Filled Transformer Market by Product
- 5.1. Introduction
- 5.2. Distribution Transformers
- 5.3. Power Transformers
- 5.4. Instrument Transformers
- 5.5. Other Products
- 6. Global Oil Filled Transformer Market by Rating
- 6.1. Introduction
- 6.2. Less Than 5 MVA
- 6.3. 5 MVA To 10 MVA
- 6.4. Above 10 MVA
- 7. Global Oil Filled Transformer Market by Mounting
- 7.1. Introduction
- 7.2. Pad
- 7.3. Pole
- 7.4. Foundation
- 7.5. Other Mounting
- 8. Global Oil Filled Transformer Market by Installation
- 8.1. Introduction
- 8.2. Indoor
- 8.3. Outdoor
- 9. Global Oil Filled Transformer Market by Application
- 9.1. Introduction
- 9.2. Residential and Commercial
- 9.3. Industrial
- 9.4. Utility
- 10. Global Oil Filled Transformer Market by Region
- 10.1. Introduction
- 10.2. Europe
- 10.2.1. Germany
- 10.2.2. United Kingdom
- 10.2.3. France
- 10.2.4. Italy
- 10.2.5. Spain
- 10.2.6. Russia
- 10.2.7. Netherlands
- 10.2.8. Rest of the Europe
- 10.3. North America
- 10.3.1. United States
- 10.3.2. Canada
- 10.4. Asia Pacific
- 10.4.1. China
- 10.4.2. Japan
- 10.4.3. India
- 10.4.4. South Korea
- 10.4.5. Australia
- 10.4.6. Indonesia
- 10.4.7. Rest of the Asia Pacific
- 10.5. Latin America
- 10.5.1. Mexico
- 10.5.2. Brazil
- 10.5.3. Argentina
- 10.5.4. Rest of Latin America
- 10.6. Middle East & Africa
- 10.6.1. Saudi Arabia
- 10.6.2. Turkey
- 10.6.3. Iran
- 10.6.4. United Arab Emirates
- 10.6.5. Rest of Middle East & Africa
- 11. SWOT Analysis
- 12. Porter’s Five Forces
- 13. Market Value Chain Analysis
- 14. Competitive Landscape
- 14.1. Competitive Scenario
- 14.2. Company Profiles
- 14.2.1. ABB Ltd.
- 14.2.2. Eaton Corporation
- 14.2.3. Elsewedy Electricc
- 14.2.4. Hitachi Ltd.
- 14.2.5. Kitashiba Electric Co.,Ltd.
- 14.2.6. Schneider Electric SE
- 14.2.7. Siemens AG
- 14.2.8. Toshiba Corporation
- 14.2.9. Virginia Transformer Corp.
- 14.2.10. Voltamp Transformers Limited
- List of Figures
- Figure 1: Global Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 2: Global Oil Filled Transformer Market by Product, 2024
- Figure 3: Global Oil Filled Transformer Market by Rating, 2024
- Figure 4: Global Oil Filled Transformer Market by Mounting, 2024
- Figure 5: Global Oil Filled Transformer Market by Installation, 2024
- Figure 6: Global Oil Filled Transformer Market by Region, 2024
- Figure 7: Global Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 8: Global Oil Filled Transformer Market by Product (in %), 2024 & 2034
- Figure 9: Global Distribution Transformers Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 10: Global Distribution Transformers Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 11: Global Power Transformers Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 12: Global Power Transformers Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 13: Global Instrument Transformers Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 14: Global Instrument Transformers Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 15: Global Other Products Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 16: Global Other Products Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 17: Global Oil Filled Transformer Market by Rating (in %), 2024 & 2034
- Figure 18: Global Less Than 5 MVA Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 19: Global Less Than 5 MVA Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 20: Global 5 MVA To 10 MVA Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 21: Global 5 MVA To 10 MVA Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 22: Global Above 10 MVA Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 23: Global Above 10 MVA Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 24: Global Oil Filled Transformer Market by Mounting (in %), 2024 & 2034
- Figure 25: Global Pad Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 26: Global Pad Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 27: Global Pole Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 28: Global Pole Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 29: Global Foundation Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 30: Global Foundation Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 31: Global Other Mounting Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 32: Global Other Mounting Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 33: Global Oil Filled Transformer Market by Installation (in %), 2024 & 2034
- Figure 34: Global Indoor Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 35: Global Indoor Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 36: Global Outdoor Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 37: Global Outdoor Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 38: Global Oil Filled Transformer Market by Application (in %), 2024 & 2034
- Figure 39: Global Residential and Commercial Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 40: Global Residential and Commercial Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 41: Global Industrial Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 42: Global Industrial Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 43: Global Utility Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 44: Global Utility Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 45: Global Oil Filled Transformer Market by Region (in %), 2024 & 2034
- Figure 46: Europe Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 47: Europe Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 48: Europe Oil Filled Transformer Market by Country (in %), 2024 & 2034
- Figure 49: Germany Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 50: United Kingdom Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 51: France Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 52: Italy Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 53: Spain Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 54: Russia Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 55: Netherlands Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 56: North America Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 57: North America Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 58: North America Oil Filled Transformer Market by Country (in %), 2024 & 2034
- Figure 59: United States Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 60: Canada Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 61: Asia Pacific Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 62: Asia Pacific Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 63: Asia Pacific Oil Filled Transformer Market by Country (in %), 2024 & 2034
- Figure 64: China Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 65: Japan Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 66: India Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 67: South Korea Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 68: Australia Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 69: Indonesia Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 70: Latin America Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 71: Latin America Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 72: Latin America Oil Filled Transformer Market by Country (in %), 2024 & 2034
- Figure 73: Mexico Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 74: Brazil Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 75: Argentina Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 76: Middle East & Africa Oil Filled Transformer Market (in US$ Million), 2020-2024
- Figure 77: Middle East & Africa Oil Filled Transformer Market (in US$ Million), 2025-2034
- Figure 78: Middle East & Africa Oil Filled Transformer Market by Country (in %), 2024 & 2034
- Figure 79: Saudi Arabia Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 80: Turkey Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 81: Iran Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 82: UAE Oil Filled Transformer Market (in US$ Million), 2020-2034
- Figure 83: Market Value Chain
- List of Tables
- Table 1: Global Oil Filled Transformer Market Portraiture
- Table 2: Global Oil Filled Transformer Market by Product (in US$ Million), 2024 & 2034
- Table 3: Global Oil Filled Transformer Market by Rating (in US$ Million), 2024 & 2034
- Table 4: Global Oil Filled Transformer Market by Mounting (in US$ Million), 2024 & 2034
- Table 5: Global Oil Filled Transformer Market by Installation (in US$ Million), 2024 & 2034
- Table 6: Global Oil Filled Transformer Market by Application (in US$ Million), 2024 & 2034
- Table 7: Global Oil Filled Transformer Market by Region (in US$ Million), 2024 & 2034
- Table 8: Europe Oil Filled Transformer Market by Country (in US$ Million), 2024 & 2034
- Table 9: North America Oil Filled Transformer Market by Country (in US$ Million), 2024 & 2034
- Table 10: Asia Pacific Oil Filled Transformer Market by Country (in US$ Million), 2024 & 2034
- Table 11: Latin America Oil Filled Transformer Market by Country (in US$ Million), 2024 & 2034
- Table 12: Middle East & Africa Oil Filled Transformer Market by Country (in US$ Million),
- 2024 & 2034
- Table 13: List of Key Players
Research Assistance
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