Market research Future Dry Transformer Market Industry Demand 2018. | Page 2

Dry transformer Research Report- Forecast to 2023
1 Summary
Dry type transformer does not utilize liquid where it is winding with core be immersed. Rather windings
with core are kept in a sealed tank that is pressurized with air. It is fire resistant transformers and is suited
to be installed in high-rise buildings, steel factories, hospitals, school, chemical plants, and other places
wherever fire safety is of top importance. This transformer not causing any environmental deterioration,
and is highly reliable over the years. Increasing investment in the renewable sector is rigorously driving
the global dry transformer market. To reduce the dependency on conventional fossil fuels, many countries
across the globe are diverting towards the renewable energy power generation. However, increasing
reputation of bio-based and naphthenic transformer oil may hamper the growth of the market.
Key Players:
The prominent players in the dry transformer market include Hammond Power Solution Inc. (Canada),
ABB Ltd.(Switzerland), Siemens AG (Germany), General Electric (U.S.), Jinpan International Ltd.(China),
Schneider Electric (France), TBEA Transformer Industrial Group (China), Eaton Corporation (Ireland),
Crompton Graves Ltd. (India), Voltamp Transformer Ltd.(India), Virginia Transformer Corp (U.S),
Kirloskar Electric Company (India), and Kotsons Pvt. Ltd (India).
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