Liquid-immersed Transformers Market

Liquid-immersed Transformers Market Global Industry Insights, Trends,
Outlook, 2017–2025
Increasing demands for electrical energy and proliferating energy generating
capacities of renewable sources are expected to fuel the industry growth
According to International Energy Outlook 2016, by U.S. Energy Information
Administration, world energy consumption is expected to witness surge of over 48% by
2040, with China and India accounting the major share of the increased demands.
Moreover, increasing reliance on renewable fuels that include solar, wind, hydroelectric,
and geothermal are among the major forms of energy to for on grid installations are
expected to attract major demand. Requirement to step-up the voltage and transmit the
electrical energy over the long distance range is expected to be the primary growth
factor over the forecast period. Moreover, increasing kWh demands in conjunction with
the increasing costs of space, specifically in the urban areas, will present substantial
growth prospects for the liquid-immersed transformers market.
Asia Pacific is expected to remain the most dominating regional segment, primarily
owing to the large scale requirements, and the presence of the largest consumer base.
Technological advancements that can enhance the functioning of these equipment by
several decimal units will find increased consumer inclinations owing to the energy
efficiency that can be achieved owing to large scale power requirements.
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Better performance characteristics such as long life cycles, low noises and
smaller sizes are expected to garner higher consumer inclination
Most commonly used alternative products used in the all the major applications includes
dry-type and pad-mounted transformers. However, other than low cost of the dry type
alternatives, liquid immersed transformers are featured with longer operating lifecycles,
minimal or no annual maintenance time and costs, no outages over its lifecycles, and
enhanced safety against fire hazards. Increased power capacities also result in
significant decline in the overall capital expenditure, owing to the economies of scale.
Moreover, capability of the equipment to repairable is among the chief advantageous
factors which has led to increased applications specifically at power generation end.
Transformer oil is the most widely used form of insulating medium owing to its
low affinity towards oxidation
Windings are insulated with cellulose which has substantial affinity to oxygen. When
immersed in oil, the exposure to air is cut off. Moreover, it has been the most
conventional form of fluid that has been used in these applications for arc quenching, in
conjunction with other switchgears and circuit breakers. However, in order to reduce the
environmental impacts and the carbon footprint, several other ecofriendly biodegradable
substitutes have started gaining momentum in the industry applications. In conjunction
with minimal environmental impacts, these offer enhanced life cycle and considerably
reduce the maintenance requirements, in turn leading to increased inclination of the
users and manufacturers.
Key liquid-immersed transformers market participants include CG, ABB, Schneider
Electric, GE, and Siemens. Industry presence is characterized by the presence of
several regional participants competing in their specific region with the international
players. Since pricing is the chief perspective in the transmission and distribution
segment, regional players are expected to present significant challenge to the
international players. Some other vendors in the industry include Altrafo Transformers,
CNC Group, CELME, Dandong Xintai Electric, China XD Group EREMU, and Elsewedy
For More Information :
Liquid-Immersed Transformers Market Taxonomy
On the basis of dielectric fluids, the global liquid-immersed transformers market is
classified into:
Natural esters
Synthetic esters
Mineral oils
Silicone oils
On the basis of application, the global liquid-immersed transformers market is classified
Power transformers
Distribution transformers
○ Residential
○ Commercial
○ Industries
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Liquid-immersed Transformers Market report categorizes global market on the basis of dielectric fluids and applications - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025