Dry Type Transformer Market Estimated to Hit $7.3 Billion by 2027

The global dry type transformer market was valued at $5.4 billion in 2019, and is projected to reach $7.3 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027. Dry type transformers are magnetic core transformers in which the windings and core are kept in a sealed tank that uses air as …

Dry Type Transformer Market to Hit $7.3 billion by 2027, at a CAGR of 6.1%

According to a new report published by Allied Market Research, titled, “Dry Type Transformer Market by Type, Technology, Phase, Voltage, and End Use:  Opportunity Analysis and Industry Forecast, 2020-2027,”The global dry type transformer market was valued at $5.4 billion in 2019, and is projected to reach $7.3 billion by 2027, growing at a CAGR of 6.1% …