Dry Type Transformer Market Set to Reach $7.3 Billion by 2027
?? Asia-Pacific Leads Dry Type Transformer Market Growth Amid Renewable Energy Push ??
WILMINGTON, DE, UNITED STATES, September 17, 2025 /EINPresswire.com/ -- The global dry type transformer market is witnessing significant growth as industries embrace sustainable and safe energy distribution solutions. According to a recent report by Allied Market Research, the dry type transformer market was valued at $5.4 billion in 2019 and is expected to reach $7.3 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.
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?? What Is a Dry Type Transformer?
A dry type transformer is a magnetic core transformer that uses air as the cooling medium instead of oil or other liquids, making it safer and more eco-friendly. The main technologies used to manufacture dry type transformers include cast resin and vacuum pressure impregnation (VPI).
?? In cast resin transformers, high and low-voltage windings are impregnated and cast in epoxy resin, offering excellent fire hazard protection, which makes them ideal for indoor and urban installations.
?? VPI transformers are vacuum impregnated with polyester or epoxy, then baked under controlled pressure, ensuring high mechanical strength and durability under variable loads.
?? Why Dry Type Transformers Are Gaining Popularity
Dry type transformers are increasingly adopted due to several advantages:
? Easy installation and low maintenance
? High resistance to short-circuit currents
? Eco-friendly – no use of hydrocarbon liquids
? Self-extinguishing properties reduce fire risk and civil work costs
This makes them especially suitable for industries, commercial buildings, residential complexes, renewable energy farms, and public infrastructure ???.
? Market Growth Drivers
Key factors driving the dry type transformer market growth include:
?? Rising electricity consumption across industrial, commercial, and residential sectors
?? New civil infrastructure projects
?? Integration of renewable energy sources (solar, wind)
?? Deployment of smart power grids
?? Increasing electrification in the automotive sector, especially electric cars ????
?? Aging power infrastructure that demands replacement and upgrades
These factors drive demand globally, particularly in the industrial segment where specialized transformers are needed for various applications such as photovoltaic systems, wind power applications, traction transformers, and electric welding equipment ????.
?? Regional Insights
The market is analyzed across four major regions:
Asia-Pacific dominated the market in 2019 with over 41.2% revenue share, driven by industrial growth, urbanization, and renewable energy projects in India, China, and Southeast Asia ????.
North America is projected to grow at the highest CAGR of 6.6%, led by increasing electricity demand and renewable energy investments in the U.S. ?????.
Europe and LAMEA follow due to strong industrial sectors and renewable energy adoption policies ????.
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?? Market Segmentation
?? By Type:
Dry Type Converter Transformers led the market due to their extensive usage in industrial and commercial applications.
?? By Technology:
The Cast Resin Dry Type Transformer segment was valued at $3.7 billion in 2019, widely adopted in public buildings, industrial plants, LNG vessels, and solar farms.
? By Phase:
The Single-Phase Dry Type Transformer dominated the market, commonly used in low-voltage distribution applications.
?? By Voltage:
The Low-Voltage Dry Type Transformer segment accounted for the largest share, especially in industrial, commercial, and public building applications.
?? By End Use:
The Industrial Segment led the market, focusing on specialized transformers such as auto-transformers, photovoltaic applications, and traction transformers, fulfilling unique industry needs ????.
?? Impact of COVID-19
The COVID-19 pandemic significantly affected the dry type transformer market:
? Lockdowns halted industrial operations
? Supply chain disruptions caused delays in transformer manufacturing and project construction
? Global dependence on China and Southeast Asia for materials further hindered supply
Despite these challenges, the long-term outlook remains positive, with the renewable energy and smart grid sectors regaining momentum ????.
?? Future Innovations
Emerging technologies such as digital dry type transformers are set to disrupt the market. These transformers use sensors to track real-time performance data, improving monitoring and maintenance strategies ???.Additionally, 3D core vacuum pressure impregnated transformers are likely to enhance dry type transformer efficiency, further expanding applications.
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? Conclusion: A Sustainable Energy Future
The dry type transformer market is positioned for steady growth, driven by the global shift toward sustainable and reliable energy solutions. With increasing adoption in industrial, commercial, and residential sectors, and strong investments in renewable energy infrastructure, the market is projected to reach $7.3 billion by 2027 ???.
As Asia-Pacific continues to dominate and North America leads in growth rate, dry type transformers are critical components of future energy systems that prioritize efficiency, safety, and environmental protection ????.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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