GLOBAL DRY TYPE TRANSFORMER MARKET 2021-2028

Energy, Power & Utilities | Power

GLOBAL DRY TYPE TRANSFORMER MARKET 2021-2028

Market by Type, Technology, Phase, Voltage, End-user, and Geography | Forecast 2021-2028

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Triton Market Research’s report determines the global dry type transformer market to advance with an anticipated CAGR of 6.60% during the forecast period 2021-2028. The market was valued at $4188.76 million in 2020 and is predicted to reap a revenue worth $7792.05 million by 2028.


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Dry type transformers are transformers in which the core and windings are placed within a sealed tank. Moreover, these transformers use air as a cooling medium instead of oil or other liquids used in a typical liquid-filled transformer.

Triton’s report on dry type transformers provides an in-depth insight into the market. The complete analysis of the market includes key market insights, Porter’s five forces analysis, key impact analysis, and market attractiveness index. 

Factors such as the surge in domestic demand for power, the growing use of renewable energy, and the increasing adoption of smart grid and smart distribution network are predicted to foster the studied market’s progress over the forecast period. Conducive government policies to limit greenhouse gas emissions, coupled with clean energy initiatives, are influencing renewable energy generation. The major renewable energy sources include wind, solar, and hydroelectricity, while non-conventional energy resources consist of nuclear, biomass, and geothermal. Here, dry type transformers help integrate the new renewable energy plants into the existing transmission networks.

Additionally, the application of 3D core dry type transformer, development of digital dry type transformer, and rising electrification rate in Africa are some of the factors opening new avenues for the considered market. One of the widely adopted applications for 3D core VPI transformers is a charging station for EVs. For instance, these vehicles can reach 80% of full charge within 15 minutes. In recent years, 3D core VPI transformers have gained significant attention due to the economic viability of electric vehicles. These transformers offer high reliability, high overload capability, low sound level, safety, and easy maintenance. Besides, silicon steel and insulation material developments will enable 3D core transformers to have lower no-load losses and less active materials.

Although a dry-type transformer has its advantages, there are several limitations. For instance, during several other situations, oil-cooled transformers are readily preferred over dry-type transformers. Hence, the disadvantages of the dry-type over oil-cooled are likely to create a hurdle for the easy adoption of dry-type transformers in the coming years. Along with this, the adoption of solid-state transformers is also limiting the growth of the dry type transformer market.



Major geographies covered in the global dry type transformer market are:

•           North America: United States and Canada

•           Europe: United Kingdom, France, Germany, Spain, Italy, Russia, and Rest of Europe

•           Asia-Pacific: China, Japan, India, Australia, South Korea, ASEAN Countries, and Rest of Asia-Pacific

•           Latin America: Brazil, Mexico, and Rest of Latin America

•           Middle East and Africa: Saudi Arabia, Turkey, United Arab Emirates, South Africa, and Rest of Middle East & Africa

The segmentation analysis of the dry type transformer market comprises:

•           Based on Type:

           o          Dry Type Converter Transformer

           o          Dry Type Converter Rectifier Transformer

•           Based on Technology:

           o          Cast Resin

           o          Vacuum Pressure Impregnated

•           Based on Phase:

           o          Single-phase

           o          Three-phase

•           Based on Voltage:

           o          Low-Voltage

           o         Medium-Voltage

•           Based on End-user:

           o          Industrial

                      •          Marine           

                      •          Chemical      

                      •          Oil and Gas  

                      •          Renewable Energy Generation    

                      •          Railway         

                      •          Others

           o          Commercial

           o          Others

The prominent companies in the dry type transformer market are Fuji Electric Co Ltd, Bharat Heavy Electricals Ltd, Hitachi Ltd, Power Sp z o o, Crompton Greaves Limited, Schneider Electric, Tbea Co Ltd, General Electric Company, ABB Ltd, Hyundai Heavy Industries Co Ltd, Hammond Power Solutions Inc, Hyosung Heavy Industries, Weg Group, Hanley Energy GCC, Kirloskar Electric Co Ltd, Voltamp Transformers Ltd, Eaton Corporation Plc, and Siemens AG. 

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Table of Content

1. GLOBAL DRY TYPE TRANSFORMER MARKET - SUMMARY   

2. INDUSTRY OUTLOOK  

2.1. KEY INSIGHTS      

2.1.1. INCREASING POPULARITY OF BIO-BASED AND NAPHTHENIC TRANSFORMER OIL        

2.1.2. DETERIORATION OF TRANSFORMER OIL DUE TO MOISTURE INGRESS       

2.2. IMPACT OF COVID-19 ON DRY TYPE TRANSFORMER MARKET          

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS    

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF SUPPLIERS

2.3.4. BARGAINING POWER OF BUYERS      

2.3.5. THREAT OF COMPETITIVE RIVALRY  

2.4. MARKET ATTRACTIVENESS MATRIX

2.5. REGULATORY POLICIES & FRAMEWORK   

2.6. VENDOR SCORECARD 

2.7. KEY MARKET STRATEGIES     

2.7.1. CONTRACTS & PARTNERSHIPS          

2.7.2. ACQUISITIONS & MERGERS      

2.7.3. NEW PRODUCT LAUNCHES      

2.8. MARKET DRIVERS         

2.8.1. SURGE IN DOMESTIC DEMAND FOR POWER          

2.8.2. GROWTH IN RENEWABLE ENERGY USE      

2.8.3. INCREASING ADOPTION OF SMART GRID AND GROWING SMART DISTRIBUTION NETWORKS          

2.9. MARKET CHALLENGES

2.9.1. ADOPTION OF SOLID-STATE TRANSFORMERS      

2.9.2. LIMITATIONS OF DRY TYPE TRANSFORMERS        

2.10. MARKET OPPORTUNITIES     

2.10.1. 3D CORE DRY TYPE TRANSFORMER APPLICATIONS    

2.10.2. DEVELOPMENT OF DIGITAL DRY TRANSFORMERS       

2.10.3. INCREASING ELECTRIFICATION RATE IN AFRICA

3. GLOBAL DRY TYPE TRANSFORMER MARKET - BY TYPE       

3.1. DRY TYPE CONVERTER TRANSFORMER   

3.2. DRY TYPE RECTIFIER TRANSFORMER       

4. GLOBAL DRY TYPE TRANSFORMER MARKET - BY TECHNOLOGY  

4.1. CAST RESIN         

4.2. VACUUM PRESSURE IMPREGNATED          

5. GLOBAL DRY TYPE TRANSFORMER MARKET - BY PHASE    

5.1. SINGLE-PHASE   

5.2. THREE-PHASE    

6. GLOBAL DRY TYPE TRANSFORMER MARKET - BY VOLTAGE           

6.1. LOW-VOLTAGE    

6.2. MEDIUM-VOLTAGE         

7. GLOBAL DRY TYPE TRANSFORMER MARKET - BY END-USER        

7.1. INDUSTRIAL         

7.1.1. MARINE        

7.1.2. CHEMICAL   

7.1.3. OIL AND GAS          

7.1.4. RENEWABLE ENERGY GENERATION 

7.1.5. RAILWAY      

7.1.6. OTHERS       

7.2. COMMERCIAL      

7.3. OTHERS     

8. GLOBAL DRY TYPE TRANSFORMER MARKET - REGIONAL OUTLOOK       

8.1. NORTH AMERICA

8.1.1. MARKET BY TYPE 

8.1.2. MARKET BY TECHNOLOGY        

8.1.3. MARKET BY PHASE          

8.1.4. MARKET BY VOLTAGE     

8.1.5. MARKET BY END-USER  

8.1.6. COUNTRY ANALYSIS       

8.1.6.1. UNITED STATES       

8.1.6.2. CANADA         

8.2. EUROPE    

8.2.1. MARKET BY TYPE 

8.2.2. MARKET BY TECHNOLOGY        

8.2.3. MARKET BY PHASE          

8.2.4. MARKET BY VOLTAGE     

8.2.5. MARKET BY END-USER  

8.2.6. COUNTRY ANALYSIS       

8.2.6.1. UNITED KINGDOM    

8.2.6.2. GERMANY      

8.2.6.3. FRANCE          

8.2.6.4. SPAIN  

8.2.6.5. ITALY    

8.2.6.6. RUSSIA

8.2.6.7. REST OF EUROPE   

8.3. ASIA-PACIFIC       

8.3.1. MARKET BY TYPE 

8.3.2. MARKET BY TECHNOLOGY        

8.3.3. MARKET BY PHASE          

8.3.4. MARKET BY VOLTAGE     

8.3.5. MARKET BY END-USER  

8.3.6. COUNTRY ANALYSIS       

8.3.6.1. CHINA  

8.3.6.2. JAPAN 

8.3.6.3. INDIA    

8.3.6.4. SOUTH KOREA         

8.3.6.5. ASEAN COUNTRIES

8.3.6.6. AUSTRALIA & NEW ZEALAND      

8.3.6.7. REST OF ASIA-PACIFIC      

8.4. LATIN AMERICA  

8.4.1. MARKET BY TYPE 

8.4.2. MARKET BY TECHNOLOGY        

8.4.3. MARKET BY PHASE          

8.4.4. MARKET BY VOLTAGE     

8.4.5. MARKET BY END-USER  

8.4.6. COUNTRY ANALYSIS       

8.4.6.1. BRAZIL

8.4.6.2. MEXICO           

8.4.6.3. REST OF LATIN AMERICA 

8.5. MIDDLE EAST AND AFRICA     

8.5.1. MARKET BY TYPE 

8.5.2. MARKET BY TECHNOLOGY        

8.5.3. MARKET BY PHASE          

8.5.4. MARKET BY VOLTAGE     

8.5.5. MARKET BY END-USER  

8.5.6.   COUNTRY ANALYSIS      

8.5.6.1. UNITED ARAB EMIRATES  

8.5.6.2. TURKEY          

8.5.6.3. SAUDI ARABIA          

8.5.6.4. SOUTH AFRICA         

8.5.6.5. REST OF MIDDLE EAST & AFRICA          

9. COMPETITIVE LANDSCAPE 

9.1. ABB LTD

9.2. BHARAT HEAVY ELECTRICALS LTD 

9.3. CROMPTON GREAVES LIMITED         

9.4. EATON CORPORATION PLC    

9.5. FUJI ELECTRIC CO LTD

9.6. GENERAL ELECTRIC COMPANY        

9.7. HAMMOND POWER SOLUTIONS INC

9.8. HANLEY ENERGY GCC 

9.9. HITACHI LTD         

9.10. HYOSUNG HEAVY INDUSTRIES       

9.11. HYUNDAI HEAVY INDUSTRIES CO LTD     

9.12. KIRLOSKAR ELECTRIC CO LTD        

9.13. POWER SP Z O O          

9.14. SCHNEIDER ELECTRIC          

9.15. SIEMENS AG      

9.16. TBEA CO LTD     

9.17. VOLTAMP TRANSFORMERS LTD     

9.18. WEG GROUP      

10. METHODOLOGY & SCOPE  

10.1. RESEARCH SCOPE & DELIVERABLES      

10.2. SOURCES OF DATA     

10.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: GLOBAL DRY TYPE TRANSFORMER MARKET, BY REGIONAL OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 2: MARKET ATTRACTIVENESS MATRIX

TABLE 3: VENDOR SCORECARD

TABLE 4: LIST OF CONTRACTS & PARTNERSHIPS

TABLE 5: LIST OF ACQUISITIONS & MERGERS

TABLE 6: LIST OF NEW PRODUCT LAUNCHES

TABLE 7: GLOBAL DRY TYPE TRANSFORMER MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 8: GLOBAL DRY TYPE TRANSFORMER MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 9: GLOBAL DRY TYPE TRANSFORMER MARKET, BY PHASE, 2021-2028 (IN $ MILLION)

TABLE 10: GLOBAL DRY TYPE TRANSFORMER MARKET, BY VOLTAGE, 2021-2028 (IN $ MILLION)

TABLE 11: GLOBAL DRY TYPE TRANSFORMER MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 12: GLOBAL DRY TYPE TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

TABLE 13: GLOBAL DRY TYPE TRANSFORMER MARKET, BY REGIONAL OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 14: NORTH AMERICA DRY TYPE TRANSFORMER MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 15: NORTH AMERICA DRY TYPE TRANSFORMER MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 16: NORTH AMERICA DRY TYPE TRANSFORMER MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 17: NORTH AMERICA DRY TYPE TRANSFORMER MARKET, BY PHASE, 2021-2028 (IN $ MILLION)

TABLE 18: NORTH AMERICA DRY TYPE TRANSFORMER MARKET, BY VOLTAGE, 2021-2028 (IN $ MILLION)

TABLE 19: NORTH AMERICA DRY TYPE TRANSFORMER MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 20: NORTH AMERICA DRY TYPE TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

TABLE 21: EUROPE DRY TYPE TRANSFORMER MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 22: EUROPE DRY TYPE TRANSFORMER MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 23: EUROPE DRY TYPE TRANSFORMER MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 24: EUROPE DRY TYPE TRANSFORMER MARKET, BY PHASE, 2021-2028 (IN $ MILLION)

TABLE 25: EUROPE DRY TYPE TRANSFORMER MARKET, BY VOLTAGE, 2021-2028 (IN $ MILLION)

TABLE 26: EUROPE DRY TYPE TRANSFORMER MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 27: EUROPE DRY TYPE TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

TABLE 28: ASIA-PACIFIC DRY TYPE TRANSFORMER MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 29: ASIA-PACIFIC DRY TYPE TRANSFORMER MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 30: ASIA-PACIFIC DRY TYPE TRANSFORMER MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 31: ASIA-PACIFIC DRY TYPE TRANSFORMER MARKET, BY PHASE, 2021-2028 (IN $ MILLION)

TABLE 32: ASIA-PACIFIC DRY TYPE TRANSFORMER MARKET, BY VOLTAGE, 2021-2028 (IN $ MILLION)

TABLE 33: ASIA-PACIFIC DRY TYPE TRANSFORMER MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 34: ASIA-PACIFIC DRY TYPE TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

TABLE 35: LATIN AMERICA DRY TYPE TRANSFORMER MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 36: LATIN AMERICA DRY TYPE TRANSFORMER MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 37: LATIN AMERICA DRY TYPE TRANSFORMER MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 38: LATIN AMERICA DRY TYPE TRANSFORMER MARKET, BY PHASE, 2021-2028 (IN $ MILLION)

TABLE 39: LATIN AMERICA DRY TYPE TRANSFORMER MARKET, BY VOLTAGE, 2021-2028 (IN $ MILLION)

TABLE 40: LATIN AMERICA DRY TYPE TRANSFORMER MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 41: LATIN AMERICA DRY TYPE TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

TABLE 42: MIDDLE EAST AND AFRICA DRY TYPE TRANSFORMER MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 43: MIDDLE EAST AND AFRICA DRY TYPE TRANSFORMER MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 44: MIDDLE EAST AND AFRICA DRY TYPE TRANSFORMER MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 45: MIDDLE EAST AND AFRICA DRY TYPE TRANSFORMER MARKET, BY PHASE, 2021-2028 (IN $ MILLION)

TABLE 46: MIDDLE EAST AND AFRICA DRY TYPE TRANSFORMER MARKET, BY VOLTAGE, 2021-2028 (IN $ MILLION)

TABLE 47: MIDDLE EAST AND AFRICA DRY TYPE TRANSFORMER MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 48: MIDDLE EAST AND AFRICA DRY TYPE TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

FIGURE 2: GLOBAL DRY TYPE TRANSFORMER MARKET, BY TYPE, 2020 & 2028 (IN %)

FIGURE 3: GLOBAL DRY TYPE TRANSFORMER MARKET, BY DRY TYPE CONVERTER TRANSFORMER, 2021-2028 (IN $ MILLION)

FIGURE 4: GLOBAL DRY TYPE TRANSFORMER MARKET, BY DRY TYPE RECTIFIER TRANSFORMER, 2021-2028 (IN $ MILLION)

FIGURE 5: GLOBAL DRY TYPE TRANSFORMER MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)

FIGURE 6: GLOBAL DRY TYPE TRANSFORMER MARKET, BY CAST RESIN, 2021-2028 (IN $ MILLION)

FIGURE 7: GLOBAL DRY TYPE TRANSFORMER MARKET, BY VACUUM PRESSURE IMPREGNATED, 2021-2028 (IN $ MILLION)

FIGURE 8: GLOBAL DRY TYPE TRANSFORMER MARKET, BY PHASE, 2020 & 2028 (IN %)

FIGURE 9: GLOBAL DRY TYPE TRANSFORMER MARKET, BY SINGLE-PHASE, 2021-2028 (IN $ MILLION)

FIGURE 10: GLOBAL DRY TYPE TRANSFORMER MARKET, BY THREE-PHASE, 2021-2028 (IN $ MILLION)

FIGURE 11: GLOBAL DRY TYPE TRANSFORMER MARKET, BY VOLTAGE, 2020 & 2028 (IN %)

FIGURE 12: GLOBAL DRY TYPE TRANSFORMER MARKET, BY LOW-VOLTAGE, 2021-2028 (IN $ MILLION)

FIGURE 13: GLOBAL DRY TYPE TRANSFORMER MARKET, BY MEDIUM-VOLTAGE, 2021-2028 (IN $ MILLION)

FIGURE 14: GLOBAL DRY TYPE TRANSFORMER MARKET, BY END-USER, 2020 & 2028 (IN %)

FIGURE 15: GLOBAL DRY TYPE TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

FIGURE 16: GLOBAL DRY TYPE TRANSFORMER MARKET, BY MARINE, 2021-2028 (IN $ MILLION)

FIGURE 17: GLOBAL DRY TYPE TRANSFORMER MARKET, BY CHEMICAL, 2021-2028 (IN $ MILLION)

FIGURE 18: GLOBAL DRY TYPE TRANSFORMER MARKET, BY OIL AND GAS, 2021-2028 (IN $ MILLION)

FIGURE 19: GLOBAL DRY TYPE TRANSFORMER MARKET, BY RENEWABLE ENERGY GENERATION, 2021-2028 (IN $ MILLION)

FIGURE 20: GLOBAL DRY TYPE TRANSFORMER MARKET, BY RAILWAY, 2021-2028 (IN $ MILLION)

FIGURE 21: GLOBAL DRY TYPE TRANSFORMER MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 22: GLOBAL DRY TYPE TRANSFORMER MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)

FIGURE 23: GLOBAL DRY TYPE TRANSFORMER MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 24: GLOBAL DRY TYPE TRANSFORMER MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 25: UNITED STATES DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 26: CANADA DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 27: UNITED KINGDOM DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 28: GERMANY DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 29: FRANCE DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 30: SPAIN DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 31: ITALY DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 32: RUSSIA DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 33: REST OF EUROPE DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 34: CHINA DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 35: JAPAN DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 36: INDIA DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 37: SOUTH KOREA DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 38: ASEAN COUNTRIES DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 39: AUSTRALIA & NEW ZEALAND DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 40: REST OF ASIA-PACIFIC DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 41: BRAZIL DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 42: MEXICO DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 43: REST OF LATIN AMERICA DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 44: UNITED ARAB EMIRATES DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 45: TURKEY DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 46: SAUDI ARABIA DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 47: SOUTH AFRICA DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

FIGURE 48: REST OF MIDDLE EAST & AFRICA DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)

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