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North America Oil Filled Transformer Market 2021 Research
Report by Share, Size, Growth, Trends and Forecast to 2027
A research report on North America Oil Filled Transformer Market Added by Global Market
Insights Inc. features a succinct analysis on the latest market trends. The report also includes
detailed abstracts about statistics, revenue forecasts and market valuation, which additionally
highlights its status in the competitive landscape and growth trends accepted by major
Browse Report Summery @ https://www.gminsights.com/industry-analysis/north-america-oil-
The North America oil filled transformer market is expected to witness significant growth by
2027 owing to the increasing focus of North American markets on enhancing energy efficiency
and refurbishing existing grid networks.
The surging dependence on renewable energy for power generation across the region is
anticipated to further drive the regional oil filled transformer market demand through the
Oil filled transformer or oil immersed transformer is a type of voltage transformation device
that employs an oil cooling method to lower the transformer temperature.
Unlike dry type transformer, the oil filled transformer is installed within a welded steel oil
tank that is filled with insulation oil.
For industry-wide assessment, the North America oil filled transformer market has been
categorized on the basis of winding, core, product, installation, application, modes of cooling,
mounting, rating, phase, substation connectivity, and country.
In terms of product, the market has been divided into distribution transformer, power
transformer, and instrument transformer.
The power transformer sub-segment is projected to grow at a substantial CAGR through the
forecast period. Rising need for an efficient transmission system to ensure reliable power