Dry Type Transformer Market

Dry Type Transformer Market by Technology (Cast Resin, Vacuum Pressure Impregnated), by Phase (Single-Phase, Three-Phase), by Voltage (Low, Medium), by Application (Industrial, Commercial, Others), by Geography - Global Forecast to 2020

Report Code: EP 3737 Sep, 2015, by marketsandmarkets.com

[131 Pages Report] The global Dry Type Transformer market is expected to reach USD 5.38 Billion by 2020 from USD 4.16 Billion in 2015, at a CAGR of 5.3% between 2015 and 2020. Transformers are electrical devices that transfer energy between two or more circuits through electromagnetic induction. Dry type transformers have their windings enclosed in sealed and pressurized tanks, and are air cooled. Dry type transformers provide safety against fire and leakage, which also reduces environmental and health concerns. These types of transformers are moisture proof and have better impulse and short circuit strength. Dry type transformers have wide applicability in domestic as well as industrial segments.

The major drivers for the market include rise in demand for electricity, eco-friendly product, and safety advantages over liquid-filled transformers. On the other hand, high cost of product, lack of investment by government in grid stability, and load/no. of losses are the major restraints for the market growth.

This report segments the global dry type transformer market by technology, voltage, application, phase, and region. By technology, the market includes cast resin dry type transformer and VPI dry type transformer. The market by voltage includes low and medium voltage. The application segment includes industrial, commercial, and other applications. The market by phase includes single and three phase.

Geographic analysis reveals that Asia-Pacific accounts for the largest share of the global dry type transformer market in 2015. The rate of industrialization is high in Brazil & South Africa. Besides, huge investments are made by the government of Iran & Saudi Arabia.

Major players in this market include Hammond Power Solution Inc. (Canada), ABB Ltd.(Switzerland), Siemens AG (Germany), General Electric (U.S.), Jinpan International Ltd.(China), ABB Ltd. (Switzerland), Schneider Electric (France), TBEA Transformer Industrial Group (China), Eaton Corporation (Ireland), Crompton Graves Ltd. (India), and Voltamp Transformer Ltd.(India).

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Scope of the Report

This research report categorizes the global dry type transformer market into the following segments:

Global Dry type Transformer Market, by Technology

  • Cast resin dry type transformer
  • VPI dry type transformer

Global Dry type Transformer Market, by Voltage

  • Low
  • Medium

Global Dry type Transformer Market, by Application

  • Industrial
  • Commercial
  • Others

Global Dry type Transformer Market, by End Phase

  • Single
  • Three

Global Dry type Transformer Market, by Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Available Customization

  • Products And Services Benchmarking Analysis

Comparison of dry type transformers and different technologies offered by key players

  • Regulatory Framework

Analysis and impacts of local and regional environmental regulations in top 5 countries

  • Company Information

Detailed analysis and profiling of additional market players (Up to 5).

  • Impact Analysis
  • Impact of raw material prices on dry type transformer market
  • Impact of government regulation on dry type transformer manufacturers

The global dry type transformer market is expected to reach USD 5.38 Billion by 2020 from USD 4.16 Billion in 2015, at a CAGR of 5.3% between 2015 and 2020. The major drivers for the market include rise in demand for electricity, eco-friendly product, and safety over liquid-filled transformers. On the other hand, high cost, lack of investment by governments in grid stability, and load/no of losses are some of the factors restraining the market growth.

The report provides a granular understanding of the dry type transformer market. This report segments the global dry type transformer market on the basis of technology, voltage, application, phase, and region. By technology, the market includes cast resin dry type transformer and VPI dry type transformer. Market by voltage includes low and medium voltage. The applications segment includes Industrial, commercial, and other applications. Market by phase includes single and three phase.

The global dry type transformer market is driven by its wide applicability in the distribution of electricity. The expansion of electricity distribution network across the globe, and rapid industrialization in developing countries is further driving the market growth. Heavy to small scale industries employ machineries that have specific voltage requirement. Some industries, such as oil & gas, mining, and marine industry have specialized voltage requirements, as fire safety is important in these sectors.

The geographic segments included in this report are North America, Europe, Asia, and the Rest of the World (RoW). Geographic analysis reveals that Asia-Pacific accounts for the largest share of the global dry type transformer market in 2015, and is expected to be the fastest growing markets during the forecast period.

Major players in this market include Hammond Power Solution Inc. (Canada), ABB Ltd.(Switzerland), Siemens AG (Germany), General Electric (U.S.), Jinpan International Ltd.(China), ABB Ltd. (Switzerland), Schneider Electric (France), TBEA Transformer Industrial Group (China), Eaton Corporation (Ireland), Crompton Graves Ltd. (India), and Voltamp Transformer Ltd.(India).

Dry type Transformer Market Snapshot, 2015 (USD Million)

Dry Type Transformer Market

Dry Type Transformer Market

Dry Type Transformer Market

Dry Type Transformer Market

Dry Type Transformer Market

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Segmentation & Coverage
    1.3 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Integrated Ecosystem of Dry Type Transformer Market
    2.2 Arriving at Dry Type Transformer Market Size
           2.2.1 Top-Down Approach
           2.2.2 Bottom-Up Approach
           2.2.3 Macro Indicator-Based Approach
    2.3 Assumptions

3 Executive Summary (Page No. - 21)

4 Market Overview (Page No. - 23)
    4.1 Introduction
    4.2 Comparison With Distribution Transformer Market (Parent Market)
    4.3 Market Drivers and Inhibitors
    4.4 Key Market Dynamics

5 Dry Type Transformer Market, By Technology (Page No. - 32)
    5.1 Introduction
    5.2 Technology Comparison With Parent Market
    5.3 Cast Resin
    5.4 Vacuum Pressure Impregnated

6 Dry Type Transformer Market, By Application (Page No. - 37)
    6.1 Introduction
    6.2 Industrial
    6.3 Commercial
    6.4 Others

7 Dry Type Transformer Market, By Phase (Page No. - 43)
    7.1 Introduction
    7.2 Phase Comparison With Parent Market
    7.3 Three-Phase
    7.4 Single-Phase

8 Dry Type Transformer Market, By Voltage (Page No. - 48)
    8.1 Introduction
    8.2 Voltage Comparison With Parent Market
    8.3 Low Voltage
    8.4 Medium Voltage

9 Dry Type Transformer Market, By Geography (Page No. - 53)
    9.1 Introduction
    9.2 Asia–Pacific
           9.2.1 By Country
           9.2.2 By Technology
           9.2.3 By Application
           9.2.4 By Voltage
           9.2.5 By Phase
    9.3 North America
           9.3.1 By Country
           9.3.2 By Technology
           9.3.3 By Application
           9.3.4 By Voltage
           9.3.5 By Phase
    9.4 Europe
           9.4.1 By Country
           9.4.2 By Technology
           9.4.3 By Application
           9.4.4 By Voltage
           9.4.5 By Phase
    9.5 RoW
           9.5.1 By Country
           9.5.2 By Technology
           9.5.3 By Application
           9.5.4 By Voltage
           9.5.5 By Phase

10 Competitive Landscape (Page No. - 80)
     10.1 Company Share Analysis
     10.2 Company Presence in Dry Type Transformer Market, By Technology
     10.3 Mergers & Acquisitions
     10.4 Joint Ventures
     10.5 New Contracts
     10.6 New Product Launches
     10.7 Expansions

11 Company Profiles (Page No. - 88)
(Company at A Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis & MnM View)*
     11.1 Hammond Power Solutions Inc.
     11.2 ABB Ltd.
     11.3 Eaton Corporation
     11.4 Siemens AG
     11.5 Crompton Greaves Ltd.
     11.6 Voltamp Transformers Ltd.
     11.7 Schneider Electric SE
     11.8 Tbea Transformer Industrial Group
     11.9 Jinpan International Ltd.
     11.10 Bharat Heavy Electricals Ltd.
     11.11 General Electric

*Details on Company at A Glance, Recent Financials, Products Offered, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 128)
     12.1 Customization Options
     12.2 Introducing RT: Real-Time Market Intelligence
     12.3 Related Reports


List of Tables (106 Tables)

Table 1 Dry Type Transformer Peer Market Size, 2014 (USD Million)
Table 2 Dry Type Transformer Market: Macro Indicator, 2014
Table 3 Dry Type Transformer Market: Comparison With Parent Market, 2013 – 2020 (USD Million)
Table 4 Dry Type Transformer Market: Drivers and Inhibitors
Table 5 Dry Type Transformer Market, By Technology, 2013-2020 (USD Million)
Table 6 Dry Type Transformer Market, By Phase, 2013-2020 (USD Million)
Table 7 Dry Type Transformer Market, By Voltage, 2013-2020 (USD Million)
Table 8 Dry Type Transformer Market, By Application, 2013-2020 (USD Million)
Table 9 Dry Type Transformer Market, By Geography, 2013-2020 (USD Million)
Table 10 Medium Voltage Dry Type Transformer, By Geography, 2013-2020 (USD Million)
Table 11 Dry Type Transformer Market, By Technology, 2013 - 2020 (USD Million)
Table 12 Dry Type Transformer Market: Technology Comparison With Distribution Transformer Market, 2013-2020 (USD Million)
Table 13 Cast Resin Dry Type Transformer Market, By Geography, 2013–2020 (USD Million)
Table 14 Vacuum Pressure Impregnated Dry Type Market, By Geography, 2013 - 2020 (USD Million)
Table 15 Dry Type Transformer Market, By Application, 2013-2020 (USD Million)
Table 16 Dry Type Transformer Market in Industrial Application, By Geography, 2013–2020 (USD Million)
Table 17 Dry Type Transformer Market in Commercial Application, By Geography, 2013-2020 (USD Million)
Table 18 Dry Type Transformer Market in Other Applications, By Geography, 2013 – 2020 (USD Million)
Table 19 Dry Type Transformer Market, By Phase, 2013-2020 (USD Million)
Table 20 Dry Type Transformer Market: Phase Comparison With Distribution Transformer Market, 2013-2020 (USD Million)
Table 21 Three-Phase Dry Type Transformer Market, By Geography, 2013 - 2020 (USD Million)
Table 22 Single-Phase Dry Type Transformer Market, By Geography, 2013-2020 (USD Million)
Table 23 Dry Type Transformer Market, By Voltage, 2013-2020 (USD Million)
Table 24 Dry Type Transformer Market: Voltage Comparison With Distribution Transformer Market, 2013 - 2020 (USD Million)
Table 25 Low Voltage Dry Type Transformer Market, By Geography, 2013-2020 (USD Million)
Table 26 Medium Voltage Dry Type Transformer Market, By Geography, 2013-2020 (USD Million)
Table 27 Dry Type Transformer Market, By Geography, 2013-2020 (USD Million)
Table 28 Dry Type Transformer Market, By Geography, 2013-2020 (‘000 Mva)
Table 29 Asia-Pacific: Dry Type Transformer Market, By Country, 2013-2020 (USD Million)
Table 30 Asia-Pacific: Dry Type Transformer Market, By Country, 2013-2020 (‘000 Mva)
Table 31 Asia-Pacific: Dry Type Transformer Market, By Technology, 2013-2020 (USD Million)
Table 32 Asia-Pacific: Dry Type Transformer Market, By Application, 2013-2020 (USD Million)
Table 33 Asia-Pacific: Dry Type Transformer Market, By Voltage, 2013-2020 (USD Million)
Table 34 Asia-Pacific: Dry Type Transformer Market, By Phase, 2013-2020 (USD Million)
Table 35 North America: Dry Type Transformer Market, By Country, 2013-2020 (USD Million)
Table 36 North America: Dry Type Transformer Market, By Country, 2013-2020 (‘000 Mva)
Table 37 North America: Dry Type Transformer Market, By Technology, 2013-2020 (USD Million)
Table 38 North America: Dry Type Transformer Market, By Application, 2013-2020 (USD Million)
Table 39 North America: Dry Type Transformer Market, By Voltage, 2013-2020 (USD Million)
Table 40 North America: Dry Type Transformer Market, By Phase, 2013-2020 (USD Million)
Table 41 Europe: Dry Type Transformer Market, By Country, 2013-2020 (USD Million)
Table 42 Europe: Dry Type Transformer Market, By Country, 2013-2020 (‘000 Mva)
Table 43 Europe: Dry Type Transformer Market, By Technology, 2013-2020 (USD Million)
Table 44 Europe: Dry Type Transformer Market, By Application, 2013-2020 (USD Million)
Table 45 Europe: Dry Type Transformer Market, By Voltage, 2013-2020 (USD Million)
Table 46 Europe: Dry Type Transformer Market, By Phase, 2013-2020 (USD Million)
Table 47 RoW: Dry Type Transformer Market, By Country, 2013-2020 (USD Million)
Table 48 RoW: Dry Type Transformer Market, By Country, 2013-2020 (‘000 Mva)
Table 49 RoW: Dry Type Transformer Market, By Technology, 2013-2020 (USD Million)
Table 50 RoW: Dry Type Transformer Market, By Application, 2013-2020 (USD Million)
Table 51 RoW: Dry Type Transformer Market, By Voltage, 2013-2020 (USD Million)
Table 52 RoW: Dry Type Transformer Market, By Phase, 2013-2020 (USD Million)
Table 53 Dry Type Transformer Market: Company Share Analysis, 2014 (%)
Table 54 Dry Type Transformer Market: Mergers & Acquisitions
Table 55 Dry Type Transformer Market: Joint Ventures
Table 56 Dry Type Transformer Market: New Contracts
Table 57 Dry Type Transformer Market: New Product Launches
Table 58 Dry Type Transformer Market: Expansions
Table 59 Hammond Power Solutions Inc.: Key Financials, 2010-2014 (USD Million)
Table 60 Hammond Power Solutions Inc.: Revenue By Geography, 2010-2014 (USD Million)
Table 61 Hammond Power Solutions Inc.: Product and Service Offerings
Table 62 Hammond Power Solutions Inc.: Related Developments
Table 63 ABB Ltd.: Key Financials, 2010-2014 (USD Million)
Table 64 ABB Ltd.: Revenue By Geography, 2010-2014 (USD Million)
Table 65 ABB Ltd.: Revenue By Business Segment, 2010-2014 (USD Million)
Table 66 ABB Ltd.: Product and Service Offerings
Table 67 ABB Ltd.: Related Developments
Table 68 Eaton Corporation: Key Financials, 2010-2014 (USD Million)
Table 69 Eaton Corporation: Revenue By Business Segment, 2010-2014 (USD Million)
Table 70 Eaton Corporation: Revenue By Geography, 2010-2014 (USD Million)
Table 71 Eaton Corporation: Product & Service Offerings
Table 72 Eaton Corporation: Recent Developments
Table 73 Siemens AG.: Key Financials, 2010-2014 (USD Million)
Table 74 Siemens AG: Revenue By Geography, 2010-2014 (USD Million)
Table 75 Siemens AG: Revenue By Business Segment, 2009 - 2013 (USD Million)
Table 76 Siemens AG: Product & Service Offerings
Table 77 Siemens AG: Related Developments
Table 78 Crompton Greaves Ltd.: Key Financials, 2010-2014 (USD Million)
Table 79 Crompton Greaves Ltd.: Revenue By Business Segment, 2010-2014 (USD Million)
Table 80 Crompton Greaves Ltd.: Revenue By Geography, 2010-2014 (USD Million)
Table 81 Crompton Greaves Ltd.: Product & Service Offerings
Table 82 Crompton Greaves Ltd.: Related Developments
Table 83 Voltamp Transformers Ltd.: Key Financials, 2010-2014 (USD Million)
Table 84 Voltamp Transformers Ltd.: Product & Service Offerings
Table 85 Schneider Electric SE: Key Financials, 2010-2014 (USD Million)
Table 86 Schneider Electric SE: Revenue By Geography, 2010-2014 (USD Million)
Table 87 Schneider Electric SE: Revenue By Business Segment, 2010-2014 (USD Million)
Table 88 Schneider Electric SE: Product & Service Offerings
Table 89 Schneider Electric SE: Related Developments
Table 90 Tbea Transformer Industrial Group: Key Financials, 2010-2014 (USD Million)
Table 91 Tbea Transformer Industrial Group: Product & Service Offerings
Table 92 Tbea Transformer Industrial Group: Related Developments
Table 93 Jinpan International Ltd.: Key Financials, 2010-2014 (USD Million)
Table 94 Jinpan International Ltd.: Revenue By Geography, 2010-2014 (USD Million)
Table 95 Jinpan International Ltd.: Product & Service Offerings
Table 96 Jinpan International Ltd.: Related Developments
Table 97 Bharat Heavy Electricals Ltd.: Key Financials, 2010-2014 (USD Million)
Table 98 Bharat Heavy Electricals Ltd.: Revenue By Business Segment, 2010-2014 (USD Million)
Table 99 Bharat Heavy Electricals Ltd.: Revenue By Geography, 2010-2014 (USD Million)
Table 100 Bharat Heavy Electricals Ltd.: Product & Service Offerings
Table 101 Bharat Heavy Electricals Ltd.: Related Developments
Table 102 General Electric: Key Financials, 2010-2014 (USD Million)
Table 103 General Electric: Revenue By Business Segment, 2010-2014 (USD Million)
Table 104 General Electric: Revenue By Geography, 2010-2014 (USD Million)
Table 105 General Electric: Product & Service Offerings
Table 106 General Electric: Recent Developments


List of Figures (67 Figures)

Figure 1 Dry Type Transformers Market: Segmentation & Coverage
Figure 2 Dry Type Transformer Market: Integrated Ecosystem
Figure 3 Top-Down Approach
Figure 4 Bottom-Up Approach
Figure 5 Macro Indicator-Based Approach, 2014
Figure 6 Dry Type Transformer Market Snapshot: 2014
Figure 7 Dry Type Transformer Market: Growth Aspects, 2015-2020 (%)
Figure 8 Dry Type Transformer Market: Comparison With Parent Market: 2014-2020
Figure 9 Dry Type Transformer Market, By Technology, 2015 & 2020 (USD Million)
Figure 10 Dry Type Transformer Market, By Phase, 2015 (USD Million)
Figure 11 Dry Type Transformer Market, By Voltage, 2015 & 2020 (USD Million)
Figure 12 Dry Type Transformer Market, By Application, 2015 & 2020 (USD Million)
Figure 13 Dry Type Transformer Market: Growth Analysis, By Geography, 2015-2020 (%)
Figure 14 Dry Type Transformer Market, By Technology, 2015 & 2020 (USD Million)
Figure 15 Dry Type Transformer Market: Technology Comparison With Distribution Transformer Market, 2014–2020 (USD Million)
Figure 16 Cast Resin Dry Type Transformer Market, By Geography, 2015 & 2020 (USD Million)
Figure 17 Vacuum Pressure Impregnated Dry Type Transformer Market, By Geography, 2015 & 2020 (USD Million)
Figure 18 Dry Type Transformer Market: Application Market Scenario
Figure 19 Dry Type Transformer Market, By Application, 2015 & 2020 (USD Million)
Figure 20 Dry Type Transformer Market in Industrial Application, By Geography, 2015 & 2020 (USD Million)
Figure 21 Dry Type Transformer Market in Commercial Application, By Geography, 2015 & 2020 (USD Million)
Figure 22 Dry Type Transformer Market in Other Applications, By Geography, 2015 & 2020 (USD Million)
Figure 23 Dry Type Transformer Market, By Phase, 2015 & 2020 (USD Million)
Figure 24 Dry Type Transformer Market: Phase Comparison With Distribution Transformer Market, 2014–2020 (USD Million)
Figure 25 Three-Phase Dry Type Transformer Market, By Geography, 2015 & 2020 (USD Million)
Figure 26 Single-Phase Dry Type Transformer Market, By Geography, 2015 & 2020 (USD Million)
Figure 27 Dry Type Transformer Market, By Voltage, 2015 & 2020 (USD Million)
Figure 28 Dry Type Transformer Market: Voltage Comparison With Distribution Transformer Market, 2014–2020 (USD Million)
Figure 29 Low Voltage Dry Type Transformer Market, By Geography, 2015 & 2020 (USD Million)
Figure 30 Medium Voltage Dry Type Transformer Market, By Geography, 2015 & 2020 (USD Million)
Figure 31 Dry Type Transformer Market: Growth Analysis, By Geography, 2015-2020 (USD Million)
Figure 32 Dry Type Transformer Market: Growth Analysis, By Geography, 2015-2020 (‘000 Mva)
Figure 33 Asia-Pacific Dry Type Transformer Market Overview, 2015 & 2020 (%)
Figure 34 Asia-Pacific: Dry Type Transformer Market, By Country, 2015 & 2020 (USD Million)
Figure 35 Asia-Pacific: Dry Type Transformer Market, By Technology, 2015 & 2020 (USD Million)
Figure 36 Asia-Pacific: Dry Type Transformer Market, By Application, 2015 & 2020 (USD Million)
Figure 37 Asia-Pacific: Dry Type Transformer Market, By Voltage, 2015 & 2020
Figure 38 Asia-Pacific: Dry Type Transformer Market, By Phase, 2015 & 2020 (USD Million)
Figure 39 North America Dry Type Transformer Market, Overview, 2015 & 2020 (%)
Figure 40 North America: Dry Type Transformer Market, By Country, 2015 & 2020 (USD Million)
Figure 41 North America: Dry Type Transformer Market, By Technology, 2015 & 2020 (USD Million)
Figure 42 North America: Dry Type Transformer Market, By Application, 2015 & 2020 (USD Million)
Figure 43 North America: Dry Type Transformer Market, By Voltage, 2015 & 2020 (USD Million)
Figure 44 North America: Dry Type Transformer Market, By Phase, 2015 & 2020 (USD Million)
Figure 45 Europe: Dry Type Transformer Market, Overview, 2015 & 2020
Figure 46 Europe: Dry Type Transformer Market, By Country, 2015 & 2020 (USD Million)
Figure 47 Europe: Dry Type Transformer Market, By Technology, 2015 & 2020 (USD Million)
Figure 48 Europe: Dry Type Transformer Market, By Application, 2015 & 2020 (USD Million)
Figure 49 Europe: Dry Type Transformer Market, By Voltage, 2015 & 2020 (USD Million)
Figure 50 Europe: Dry Type Transformer Market, By Phase, 2015 & 2020 (USD Million)
Figure 51 RoW: Dry Type Transformer Market, Overview, 2015 & 2020 (%)
Figure 52 RoW: Dry Type Transformer Market, By Country, 2015 & 2020 (USD Million)
Figure 53 RoW: Dry Type Transformer Market, By Technology, 2015 & 2020 (USD Million)
Figure 54 RoW: Dry Type Transformer Market, By Application, 2015 & 2020 (USD Million)
Figure 55 RoW: Dry Type Transformer Market, By Voltage, 2015 & 2020 (USD Million)
Figure 56 RoW: Dry Type Transformer Market, By Phase, 2015 & 2020 (USD Million)
Figure 57 Dry Type Transformer Market: Company Share Analysis, 2014 (%)
Figure 58 Dry Type Transformer Market: Company Product Coverage, By Technology, 2014
Figure 59 Hammond Power Solutions Inc.: Revenue Mix, 2014 (%)
Figure 60 ABB Ltd.: Revenue Mix, 2014 (%)
Figure 61 Eaton Corporation: Revenue Mix, 2014 (%)
Figure 62 Siemens AG: Revenue Mix, 2014 (%)
Figure 63 Crompton Greaves Ltd.: Revenue Mix, 2014 (%)
Figure 64 Schneider Electric SE: Revenue Mix, 2014 (%)
Figure 65 Jinpan International Ltd.: Revenue Mix, 2014 (%)
Figure 66 Bharat Heavy Electricals: Revenue Mix, 2014 (%)
Figure 67 General Electric: Revenue Mix, 2014 (%)


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