[Market Report] Global Market for Dry-Type Transformers
The global market for dry-type transformers is expected to more than double, reaching 27 billion dollars by 2031.
The global dry transformer market, which recorded sales of 12.37 billion USD in 2022, is projected to reach approximately 27 billion USD by 2031, indicating significant growth. This growth is progressing at a compound annual growth rate (CAGR) of 9.1% from 2023 to 2031, supported by the increasing demand for the latest environmentally friendly transformer technologies. Dry transformers represent a significant advancement in transformer technology. Unlike liquid-filled transformers that use oil or liquids for cooling, dry transformers utilize environmentally friendly high-temperature insulation systems. These transformers adopt forced air cooling or natural cooling mechanisms, making them a safer and more sustainable option. The windings of these transformers are encapsulated in a sealed pressurized tank and cooled by vacuum or air, eliminating the risk of oil leaks and reducing environmental impact. You can check the application method by clicking the [PDF Download] button or apply directly through the related links.
- Company:Panorama Data Insights Ltd.
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