| Product Code: ETC6741778 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, China continued to dominate the market for dry type transformer imports, with significant contributions also coming from Vietnam, Japan, Germany, and the USA. The market concentration, as measured by the HHI index, remained high in 2024, indicating the presence of major players. However, the negative CAGR of -9.88% over the period 2020-2024 and a further decline in growth rate to -12.79% in 2024 suggest challenges and potential shifts in the market dynamics. Stakeholders should closely monitor these trends to make informed decisions and strategies for the future.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Dry Type Transformer Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Dry Type Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 China Dry Type Transformer Market - Industry Life Cycle |
3.4 China Dry Type Transformer Market - Porter's Five Forces |
3.5 China Dry Type Transformer Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.6 China Dry Type Transformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 China Dry Type Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.8 China Dry Type Transformer Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 China Dry Type Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and sustainability in China leading to the adoption of dry type transformers. |
4.2.2 Government initiatives promoting the use of dry type transformers for reducing carbon footprint. |
4.2.3 Growth in renewable energy projects driving the demand for dry type transformers in China. |
4.3 Market Restraints |
4.3.1 High initial cost of dry type transformers compared to traditional oil-filled transformers. |
4.3.2 Lack of awareness and understanding about the benefits of dry type transformers among end-users in China. |
4.3.3 Challenges related to installation and maintenance of dry type transformers. |
5 China Dry Type Transformer Market Trends |
6 China Dry Type Transformer Market, By Types |
6.1 China Dry Type Transformer Market, By Voltage |
6.1.1 Overview and Analysis |
6.1.2 China Dry Type Transformer Market Revenues & Volume, By Voltage, 2021- 2031F |
6.1.3 China Dry Type Transformer Market Revenues & Volume, By Low Voltage, 2021- 2031F |
6.1.4 China Dry Type Transformer Market Revenues & Volume, By Medium Voltage, 2021- 2031F |
6.2 China Dry Type Transformer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China Dry Type Transformer Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 China Dry Type Transformer Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.4 China Dry Type Transformer Market Revenues & Volume, By Others, 2021- 2031F |
6.3 China Dry Type Transformer Market, By Phase |
6.3.1 Overview and Analysis |
6.3.2 China Dry Type Transformer Market Revenues & Volume, By Single Phase, 2021- 2031F |
6.3.3 China Dry Type Transformer Market Revenues & Volume, By Three Phase, 2021- 2031F |
6.4 China Dry Type Transformer Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 China Dry Type Transformer Market Revenues & Volume, By Cast Resin, 2021- 2031F |
6.4.3 China Dry Type Transformer Market Revenues & Volume, By Vacuum Impregnated, 2021- 2031F |
7 China Dry Type Transformer Market Import-Export Trade Statistics |
7.1 China Dry Type Transformer Market Export to Major Countries |
7.2 China Dry Type Transformer Market Imports from Major Countries |
8 China Dry Type Transformer Market Key Performance Indicators |
8.1 Percentage increase in the adoption of dry type transformers in China over time. |
8.2 Number of government policies and regulations supporting the use of dry type transformers. |
8.3 Growth in the installation of renewable energy projects using dry type transformers. |
8.4 Percentage reduction in carbon emissions attributed to the use of dry type transformers. |
9 China Dry Type Transformer Market - Opportunity Assessment |
9.1 China Dry Type Transformer Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.2 China Dry Type Transformer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 China Dry Type Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.4 China Dry Type Transformer Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 China Dry Type Transformer Market - Competitive Landscape |
10.1 China Dry Type Transformer Market Revenue Share, By Companies, 2024 |
10.2 China Dry Type Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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