Transformer oil is the most widely used form of insulating medium owing to its low affinity
towards oxidation
Windings are insulated with cellulose which has substantial affinity to oxygen. When immersed
in oil, the exposure to air is cut off. Moreover, it has been the most conventional form of fluid
that has been used in these applications for arc quenching, in conjunction with other
switchgears and circuit breakers. However, in order to reduce the environmental impacts and
the carbon footprint, several other ecofriendly biodegradable substitutes have started gaining
momentum in the industry applications. In conjunction with minimal environmental impacts,
these offer enhanced life cycle and considerably reduce the maintenance requirements, in turn
leading to increased inclination of the users and manufacturers.
Asia Pacific is expected to remain the most dominating regional segment, primarily owing to the
large scale requirements, and the presence of the largest consumer base. Technological
advancements that can enhance the functioning of these equipment by several decimal units
will find increased consumer inclinations owing to the energy efficiency that can be achieved
owing to large scale power requirements.
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Key liquid-immersed transformers market participants include CG, ABB, Schneider Electric, GE,
and Siemens. Industry presence is characterized by the presence of several regional participants
competing in their specific region with the international players. Since pricing is the chief
perspective in the transmission and distribution segment, regional players are expected to
present significant challenge to the international players. Some other vendors in the industry
include Altrafo Transformers, CNC Group, CELME, Dandong Xintai Electric, China XD Group
EREMU, and Elsewedy Electric.