Market forecast for dry-type transformers: Revenue will exceed $16 billion by 2035

The global dry-type transformer market is projected to improve at a compound annual rate of increase of 9% from 2023 to 2035. By the end of 2035, the market is expected to generate revenue of $16 billion, which is higher than the increase of $6 billion in oil transformer fire incidents in 2022, which is expected to increase the adoption of dry-type transformers. It is estimated that in a year, eight out of every thousand distribution oil transformers will fail, with 30% of the failures caused by lightning. High return peak current, high current rise rate, multiple flashes, and positive lightning are lightning parameters directly related to transformer faults.

Due to the low heat resistance, flammability, and ageing of transformer oil, many details need to be done when using it as a cooling medium. Dry-type transformers are widely popular due to their ability to lack oil and reduce building fire resistance requirements. Therefore, in many cases where oil-immersed transformers are not allowed, such as underground and high-rise buildings, dry-type transformers with strong fire safety standards can be constructed.

Dry Type Transformer is a special type of transformer. The core components of the TransformerTransformer are the coil and iron core, which use special insulation materials to prevent oil leakage and other hazards during operation. Dry-type transformers are more environmentally friendly and safe than traditional oil-immersed transformers.

The characteristics of Dry Type Transformer:

1. Environmental safety: Since oil is not an insulation medium, there are no safety hazards such as oil leakage and fire, making it more environmentally friendly.

2. Efficient and energy-saving: Dry-type transformers have lower losses and can reduce energy waste.

3. Easy maintenance: Due to the lack of oil, there is no need for oil sample inspection, oil change, and other maintenance work, which reduces maintenance costs.

4. Strong adaptability: Dry-type transformers can adapt to rough environmental conditions, such as high temperature, low temperature, humidity, etc.

Application of Dry Type Transformer:

1. In the power system, dry-type transformers are widely used as key equipment for transmission and distribution.

2. Industrial field: In the industrial field, dry-type transformers are often used in various production equipment and machines as power supply equipment.

3. Construction field: Dry-type transformers have been widely used in high-rise buildings, subways, and other places due to their safety performance, such as fire and explosion prevention.

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