The global Oil Immersed Transformer and Dry Type Transformer market size is expected to reach $ million by 2032, rising at a market growth of %CAGR during the forecast period (2026-2032).
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.
This report studies the global Oil Immersed Transformer and Dry Type Transformer production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Oil Immersed Transformer and Dry Type Transformer and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Oil Immersed Transformer and Dry Type Transformer that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Oil Immersed Transformer and Dry Type Transformer total production and demand, 2021-2032, (K kVA)
Global Oil Immersed Transformer and Dry Type Transformer total production value, 2021-2032, (USD Million)
Global Oil Immersed Transformer and Dry Type Transformer production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K kVA), (based on production site)
Global Oil Immersed Transformer and Dry Type Transformer consumption by region & country, CAGR, 2021-2032 & (K kVA)
U.S. VS China: Oil Immersed Transformer and Dry Type Transformer domestic production, consumption, key domestic manufacturers and share
Global Oil Immersed Transformer and Dry Type Transformer production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K kVA)
Global Oil Immersed Transformer and Dry Type Transformer production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K kVA)
Global Oil Immersed Transformer and Dry Type Transformer production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K kVA)
This report profiles key players in the global Oil Immersed Transformer and Dry Type Transformer market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, Hitachi ABB, Schneider, TOSHIBA, TBEA, China XD Electric, Baoding Tianwei Baobian Electric, Shandong Electrical Energy&Equipment, Wujiang Transformer, Sunten, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Oil Immersed Transformer and Dry Type Transformer market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K kVA) and average price (US$/kVA) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Oil Immersed Transformer and Dry Type Transformer Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Oil Immersed Transformer and Dry Type Transformer Market, Segmentation by Type:
Oil Immersed Transformer
Dry Type Transformer
Global Oil Immersed Transformer and Dry Type Transformer Market, Segmentation by Application:
Power Industry
Metallurgical Industry
Rail Traffic
Municipal Construction
Petrochemical Industry
New Energy (Photovoltaic, Wind Power, etc.)
Others
Companies Profiled:
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 Answered:
1. How big is the global Oil Immersed Transformer and Dry Type Transformer market?
2. What is the demand of the global Oil Immersed Transformer and Dry Type Transformer market?
3. What is the year over year growth of the global Oil Immersed Transformer and Dry Type Transformer market?
4. What is the production and production value of the global Oil Immersed Transformer and Dry Type Transformer market?
5. Who are the key producers in the global Oil Immersed Transformer and Dry Type Transformer market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on Oil Immersed Transformer and Dry Type Transformer. Industry analysis & Market Report on Oil Immersed Transformer and Dry Type Transformer is a syndicated market report, published as Global Oil Immersed Transformer and Dry Type Transformer Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Oil Immersed Transformer and Dry Type Transformer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.