Global Dry Type Transformer Market to reach USD 4.53 billion by 2027

Global Dry Type Transformer Market Size study by Voltage (Low Voltage and Medium Voltage), by Type (Offshore and Onshore), by End phase (Three Phase and Single Phase) and Regional Forecasts 2020-2027
Product Code:  EESAC_27840808
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1.	Dry Type Transformer Market, by Region, 2018-2027 (USD Billion)
1.2.2.	Dry Type Transformer Market, by Voltage, 2018-2027 (USD Billion)
1.2.3.	 Dry Type Transformer Market, by Type, 2018-2027 (USD Billion)
1.2.4.	 Dry Type Transformer Market, by End-phase, 2018-2027 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Dry Type Transformer Market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Dry Type Transformer Market Dynamics	
3.1.	Dry Type Transformer Market Impact Analysis (2018-2027)
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global Dry Type Transformer Market: Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economical
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Dry Type Transformer Market, by Voltage          
5.1.	Market Snapshot 
5.2.	Global Dry Type Transformer Market by Voltage, Performance - Potential Analysis
5.3.	Global Dry Type Transformer Market Estimates & Forecasts by Voltage 2017-2027 (USD Billion)
5.4.	Dry Type Transformer Market, Sub Segment Analysis
5.4.1.	 Low Voltage
5.4.2.	 Medium Voltage
Chapter 6.	Global Dry Type Transformer Market, by Type         
6.1.	Market Snapshot 
6.2.	Global Dry Type Transformer Market by Type, Performance - Potential Analysis
6.3.	Global Dry Type Transformer Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
6.4.	Dry Type Transformer Market, Sub Segment Analysis
6.4.1.	 Distribution Transformer
6.4.2.	 Power Transformer
Chapter 7.	Global Dry Type Transformer Market, by End-phase         
7.1.	Market Snapshot 
7.2.	Global Dry Type Transformer Market by End-phase, Performance - Potential Analysis
7.3.	Global Dry Type Transformer Market Estimates & Forecasts by End-phase 2017-2027 (USD Billion)
7.4.	Dry Type Transformer Market, Sub Segment Analysis
7.4.1.	 Three Phase
7.4.2.	Single Phase
Chapter 8.	Global Dry Type Transformer Market, Regional Analysis
8.1.	Dry Type Transformer Market, Regional Market Snapshot 
8.2.	North America Dry Type Transformer Market 
8.2.1.	U.S. Dry Type Transformer Market	  Voltage breakdown estimates & forecasts, 2017-2027	 Type breakdown estimates & forecasts, 2017-2027	 End-phase breakdown estimates & forecasts, 2017-2027
8.2.2.	 Canada Dry Type Transformer Market
8.3.	Europe Dry Type Transformer Market Snapshot
8.3.1.	U.K. Dry Type Transformer Market 
8.3.2.	Germany Dry Type Transformer Market
8.3.3.	France Dry Type Transformer Market
8.3.4.	Spain Dry Type Transformer Market
8.3.5.	Italy Dry Type Transformer Market
8.3.6.	Rest of Europe Dry Type Transformer Market
8.4.	Asia-Pacific Dry Type Transformer Market Snapshot
8.4.1.	China Dry Type Transformer Market 
8.4.2.	India Dry Type Transformer Market 
8.4.3.	Japan Dry Type Transformer Market
8.4.4.	Australia Dry Type Transformer Market
8.4.5.	South Korea Dry Type Transformer Market
8.4.6.	Rest of Asia Pacific Dry Type Transformer Market
8.5.	Latin America Dry Type Transformer Market Snapshot
8.5.1.	Brazil Dry Type Transformer Market
8.5.2.	Mexico Dry Type Transformer Market
8.6.	Rest of The World Dry Type Transformer Market

Chapter 9.	Competitive Intelligence
9.1.	Top Market Strategies
9.2.	Company Profiles
9.2.1.	 Hammond Power Solutions Inc.	Key Information	Overview	Financial (Subject to Data Availability)	Voltage Summary	Recent Developments
9.2.2.	  ABB Ltd.
9.2.3.	 Eaton Corporation
9.2.4.	 Siemens AG
9.2.5.	 Crompton Greaves Ltd.
9.2.6.	 Voltamp Transformers Ltd.
9.2.7.	 Schneider Electric SE
9.2.8.	  Tbea Transformer Industrial Group
9.2.9.	 Jinpan International Ltd.
9.2.10.	Bharat Heavy Electricals Ltd.
Chapter 10.	Research Voltage
10.1.	Research Voltage
10.1.1.	Data Mining
10.1.2.	Analysis
10.1.3.	Market Estimation
10.1.4.	Validation
10.1.5.	Publishing
10.2.	Research Attributes
10.3.	Research Assumption

Global Dry Type Transformer Market is valued approximately at USD 2.19 billion in 2019 and is anticipated to grow with a growth rate of more than 4.20% over the forecast period 2020-2027. The dry type transformers are environment friendly transformers that use air in place of liquid to cool down the electrical coils. The dry type transformer is a completely stationery solid state device which requires lesser maintenance to offer problem free services. The dry type transformer is gaining larger demand from energy and power industries as it is helpful in reducing fire hazards and found as a safe method to distribute electricity for residential and commercial applications. The rapid growth in demand for energy across the globe is paving the way for growth of dry type transformer market over the forecast years. According to the Indian Brand Equity Foundation, installed renewable power generation in India grown with CAGR of 17.33% between 2016-2020 and stood at 87.26 GW out of which wind & solar comprised 34.74 GW and 34.81 GW respectively. As per China’s National Energy Administration, China’s renewable energy installation capacity has reached to 728 GW in 2018 which is an increase of over 12 % from 2017 that is 647.32 GW which includes 52 GW (up 2.5 percent) for hydro,184 GW (up 12.4 percent) for wind,17.8 GW (up 20.7 percent) for biomass and 174 GW (up 34 percent) for photovoltaic (PV). In addition, increasing demand for the distributed transformer is the factor propelling the market growth. However, high cost of dry type transformers is the factor restraining the market growth.

The regional analysis of global Dry Type Transformer Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rapid growth in energy generation across the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as government initiatives regarding usage of renewable energy would create lucrative growth prospects for the Dry Type Transformer Market across Asia-Pacific region.

Major market player included in this report are:
Hammond Power Solutions Inc.
ABB Ltd.
Eaton Corporation
Siemens AG
Crompton Greaves Ltd.
Voltamp Transformers Ltd.
Schneider Electric SE
Tbea Transformer Industrial Group
Jinpan International Ltd.
Bharat Heavy Electricals Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Voltage offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Voltage:
Low Voltage
Medium Voltage

By Type:
Distribution Transformer
Power Transformer

By End-phase:
Three Phase
Single Phase

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Dry Type Transformer Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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