Dry Type Transformer Market Size, Analysis, Report to 2035
The Global Dry Type Transformer Market Size Was Estimated at USD 6.18 Billion in 2024 and is Projected to Reach USD 12.48 Billion by 2035, Growing at a CAGR of 6.6% from 2025 to 2035. The market for dry-type transformers is expanding due to the need for low-maintenance, eco-friendly, and fire-safe power solutions; growing urbanisation; the integration of renewable energy; and strict safety standards in the commercial, residential, and industrial sectors.