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India Dry Type Transformer Market Analysis

  • Report ID: GMI2402
  • Published Date: Jul 2024
  • Report Format: PDF

India Dry Type Transformer Market Analysis

Based on core, the closed segment is expected to cross USD 1 billion by 2032 since they are known for their superior efficiency and performance. They offer better magnetic flux distribution, reducing energy losses and improving overall efficiency. This makes them ideal for applications where energy efficiency is critical, such as in urban infrastructure, commercial buildings, and industrial facilities. Closed core transformers are designed with safety in mind. They have lower risk of electrical faults and are less susceptible to environmental factors like dust and moisture, which can affect open core transformers. This reliability makes them suitable for critical applications, including hospitals, data centers, and other facilities where uninterrupted power supply is essential.
 

India Dry Type Transformer Market Revenue Share, By Technology, 2023

Based on technology, the air blast segment is anticipated to grow with CAGR more than 8.4% through 2032, owing to their utilization as forced air cooling, which significantly enhances heat dissipation compared to natural cooling methods. This improved cooling efficiency allows for better performance and reliability, especially in high-load and high-temperature environments. The ability to maintain optimal operating temperatures makes air blast transformers suitable for various demanding applications. The growing emphasis on safety and environmental sustainability in power distribution systems is driving the adoption of air blast transformers in India.
 

Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of India dry type transformer was valued at USD 800 million in 2023 and is anticipated to grow at a CAGR of 9% through 2032, as these transformers are commonly used in renewable energy installations due to their ability to operate in harsh environments and their higher resistance to moisture and contaminants.

The closed core segment is expected to cross USD 1 billion by 2032, due to the rapid urbanisation and need for efficient space utilization are boosting production adoption as these transformers are known for their compact and enclosed design.

The air blast segment is anticipated to record a CAGR of more than 8.4% through 2032, owing to their utilization as forced air cooling, which significantly enhances heat dissipation compared to natural cooling methods.

ABB, GE, Eaton, Schneider Electric, Siemens Energy, Hitachi Energy Ltd., CG Power & Industrial Solutions Ltd., Toshiba Energy Systems & Solutions Corporation, Bharat Heavy Electricals Limited (BHEL), URJA Techniques among others.

India Dry Type Transformer Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 15
  • Countries covered: 1
  • Pages: 110
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