Dry Type Transformer Market Size to Hit USD 11.90 Billion by 2033 | Straits Research

The global dry type transformer market size was valued at USD 7.07 billion in 2024 and is projected to reach from USD 7.49 Billion in 2025 to USD 11.90 billion by 2033, growing at a CAGR of 5.95% during the forecast period (2025-2033).New York, United States, Jan. 23, 2025 (GLOBE NEWSWIRE) -- A dry type transformer is one that is constructed using comparatively modern technology and uses forced or natural air cooling in place of oil cooling. Unlike liquid-fill transformers that require oil or liquid to cool ...