The market dynamics and growth prospects of the global dry-type transformers market largely depend on the performance and health of the global distribution transformer sector as it adopts air insulation most widely worldwide.The distribution transformers market has a significant impact on the overall market dynamics of the dry-type transformers market.The requirement for expansion and renovation of

the existing T&D network is increasing globally,primarily affected by the demand created due to factors such as growing demand for electric power, especially in the developing regions, and the need to replace age-old T&D equipment (includes power and distribution transformers as the two most important equipment).The growing need for electric power is triggered by rising urban population in countries like China, India, Indonesia, Thailand, Vietnam, Russia, Ukraine, Brazil, Mexico, and African countries such as Nigeria and South Africa. The increased need for power comes from the residential sector as well as the commercial and industrial sectors.

PART 01: Executive summary 5

PART 02: Scope of the report 16

PART 03: Research Methodology 21

PART 04: Introduction 24

Key market highlights 24

Cast resin dry-type transformer 25

Vacuum pressure impregnated transformer 25

PART 05: Market landscape 28

Market size and forecast 28

Global power outlook 30

Five forces analysis 32

PART 06: Market segmentation by application 33

Market overview 33

Distribution transformers 34

Power transformers 36

PART 07: Geographical segmentation 38

Market overview 38

Dry-type transformers market in APAC 39

Dry-type transformers market in EMEA 41

Dry-type transformers market in Americas 43

PART 08: Market drivers 45

Modernization of existing transformers 45

Deterioration of transformer oil due to moisture ingress 46

Corrosive nature of sulfur present in transformer oil 48

PART 09: Market challenges 49

Environmentally friendly and more fire-resistant

insulating liquids 49

Evolution of eco-efficient power transformers 51

Increasing popularity of bio-based and naphthenic

transformer oil 54

PART 10: Impact of drivers and challenges 55

PART 11: Market trends 56

Increasing popularity of dry-type transformers 56

T&D expansion leading to increase in transformer

installations 57

Renewable power generation capacity expansion 59

PART 12: Vendor landscape 61

Competitive landscape 61

Other prominent vendors 62

PART 13: Key vendor analysis 64

ABB 64

Crompton Greaves 64

GE 65

Schneider Electric 65

Siemens 65

PART 14: Appendix 67

List of abbreviations 67

PART 15: Explore Technavio 68