Oil Filled Transformer Market - Top Companies and Manufacturers

Companies Dominating the Oil Filled Transformer Market

ABB
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Schneider Electric
General Electric
Crompton Greaves Consumer Electricals Limited
Bharti Heavy Electricals Limited
Jinan Co., Ltd.
Mettz Group
Celme s.r.l.
Kirloskar Electric Company
Kotsons Pvt. Ltd.

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Oil Filled Transformer Market Size & Share - Forecast Report 2037

In the News

A long-term cooperation agreement on transformer recycling has been inked between ABB Power Grids and Stena Recycling, a Swedish company. The partnership is a crucial step towards a circular economy in a sustainable world and includes joint design development for efficient recycling of new transformers.
A number of recent victories for its low-maintenance, high-performing digital power transformers were announced by General Electric Renewable Energy's Grid Solutions division.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of oil filled transformer is assessed at USD 48.92 billion.

The oil filled transformer market size was valued at USD 46.22 billion in 2024 and is expected to reach USD 115.51 billion by 2037, expanding at around 7.3% CAGR during the forecast period i.e., between 2025-2037. The market growth is propelled by growing demand for renewable energy, rising use of natural oil in oil filled transformer, and surge in construction of tall buildings.

North America industry is predicted to dominate majority revenue share of 40% by 2037, due to growing government investment in smart grid network projects in the region.

The major players in the market include ABB, Schneider Electric, General Electric, Crompton Greaves Consumer Electricals Limited, Bharti Heavy Electricals Limited, Jinan Co., Ltd., Mettz Group, Celme s.r.l., Kirloskar Electric Company, Kotsons Pvt. Ltd.

Oil Filled Transformer Market - Top Companies and Manufacturers

Companies Dominating the Oil Filled Transformer Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the oil filled transformer market worth?

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