What's driving the Dry Type Transformer Market trends? ABB, Siemens, GE, Raychem, Toshiba, TRENCH, Kirloskar, Mehru, Celme, Ruhstrat, WEG, Meramec, Fuji Electric, ITEC, Abaft, BHEL, Voltamp, CG, KONCAR, EATON and Schneider

Dry type Transformer Market size for 2016 was valued over USD 4 billion and the annual installation is set reach over 600 thousand units by 2024. DEC Research add New Report Global Dry Type Transformer Market to its research database. The report focuses on global major leading players with information such as company profiles, Growth, product segment, technology segment, end user segment and region.

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UK dry type transformer market is predicted to exceed 14000 unit annually by 2024.Stringent regulations toward energy efficiency along with technological innovation in smart transformer design will propel the business outlook. Introduction of renewable targets by EU has increased consumer focus toward the expansion of electrical network. Increasing demand for medium and low renewable systems across sub- urban establishments will further complement the industry growth.

Indoor dry type transformer market is predicted to witness growth owing to its less space requirement features along with growing demand for refurbishment and replacement of traditional electric network. Rapid expansion of sustainable energy network coupled with increasing investment toward real estate sector across developing nations will stimulate the industry growth.

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Three phase dry type transformer market is predicted to witness growth over 9% owing to positive outlook towards the establishments of sustainable grid infrastructure to ensure supply security. Growing reforms pertaining to electrification to meet the increasing electricity demand along with operational reliability and competitive cost structure will foster the business growth. Cast resin dry type transformer market is projected to witness growth owing to its ability to self-extinguishing, low maintenance and flame-retardant properties.

Key players in dry type transformer market includes ABB, Siemens, GE, Raychem, Toshiba, TRENCH, Kirloskar, Mehru, Celme, Ruhstrat, WEG, Meramec, Fuji Electric, ITEC, Abaft, BHEL, Voltamp, CG, KONCAR, EATON and Schneider.

Elimination of leakage & spills along with effective operations across climatic extremities propel the dry type transformer market. Advancement in technology along with increasing demand for replacement of conventional insulated systems will further escalate the industry growth. Moreover, improved surge resistance backed by effective short circuit protection will augment the industry.

Table of Content:
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Market definition & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Dry type transformer industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Core trends
2.1.3. Technology trends
2.1.4. Insulation trends
2.1.5. Product trends
2.1.6. Phase trends
2.1.7. Installation trends
2.1.8. Winding trends
2.1.9. Rating trends
2.1.10. Mounting trends
2.1.11. Application trends
2.1.12. Regional trends

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