Dry Type Transformer Market in Asia Pacific would register a CAGR of 7.3% during 2020-2026

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According to a new report Asia Pacific Dry Type Transformer Market, published by KBV research, the Asia Pacific Dry Type Transformer Market would witness market growth of 7.3% CAGR during the forecast period (2020-2026).

The China market dominated the Asia Pacific Dry Type Converter Rectifier Transformer Market by Country 2019, growing at a CAGR of 7.5 % during the forecast period. The Japan market is exhibiting a CAGR of 8.8% during (2020 - 2026). Additionally, The India market is poised to grow at a CAGR of 10.1% during (2020 - 2026).

The Cast Resin market dominated the South Korea Dry Type Transformer Market by Technology 2019, growing at a CAGR of 7.9 % during the forecast period. The Vacuum Pressure Impregnated market is witnessing a CAGR of 10% during (2020 - 2026).

The Low Voltage market dominated the Malaysia Dry Type Transformer Market by Voltage 2019, thereby, achieving a market value of $127 million by 2026, growing at a CAGR of 10 % during the forecast period. The Medium Voltage market is expected to witness a CAGR of 12.5% during (2020 - 2026).

Structural Insights: https://www.kbvresearch.com/asia-pacific-dry-type-transformer-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Eaton Corporation Plc., General Electric (GE) Co., Siemens AG, Schneider Electric SE, Hitachi, Ltd., Fuji Electric Co. Ltd. (Furukawa Group), Bharat Heavy Electricals Ltd., Hammond Power Solutions, Inc., Kirloskar Electric Co., Ltd. and Hyosung Heavy Industries Corporation.