Oil Filled Transformer Market Analysis

  • Report ID: 5201
  • Published Date: Apr 23, 2025
  • Report Format: PDF, PPT

Oil Filled Transformer Market Segmentation:

Mode of Cooling Segment Analysis

The oil natural water forced segment is expected to hold the largest share of about 60% over the coming years in the oil filled transformer market. The transformer core and windings are inserted into the oil tank as a component of the oil natural water force cooling technique. A radiator is attached outside the tank. As the temperature rises and the oil heats up and rises, the heat is released naturally through convection. Oil is transported through the radiator, but water is pumped through a heat exchanger to cool the oil. Hence, this is an excellent method for large-scale projects.

Installation Segment Analysis

The outdoor segment is expected to hold 70% share of the global oil filled transformer market by the end of 2035, due to its capacity to operate in high-voltage application ranges. Additionally, besides providing the best cooling strength, they additionally allay fire safety worries, which increases their demand and fuels the expansion of the sector as a whole over the forecast period.

Our in-depth analysis of the global oil filled transformer market includes the following segments:

          Core

  • Berry
  • Closed
  • Shell

          Product Type

  • Instrument Transformer
  • Distribution Transformer
  • Power Transformer

          Mode of Cooling

  • Oil Natural Air Natural
  • Oil Natural Air Forced
  • Oil Natural Water Forced

          Application

  • Residential
  • Commercial
  • Industrial
  • Utility

 

          Installation

  • Outdoor
  • Indoor

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of oil filled transformer is assessed at USD 47.7 Billion.

The global oil filled transformer market size surpassed USD 45.1 Billion in 2025 and is projected to grow at a CAGR of over 6.4%, reaching USD 83.87 Billion revenue by 2035.

North America oil filled transformer market is anticipated to achieve a 40% share by 2035, driven by government investment in smart grid networks.

Key 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.
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