Key Findings
The Europe dry-type transformer market is evaluated to record a CAGR of 6.49%, during the forecast period of 2021 to 2028. Economic reforms by the government and the growing need for reliable distribution systems are attributed to the region’s market growth.

Market Insights
The Europe dry-type transformer market growth is assessed by analyzing the United Kingdom, Italy, Russia, France, Germany, Poland, Belgium, and the rest of Europe. Over the last decade, Belgium’s share of renewables, in its final energy consumption, has been growing steadily. As a result, the country is projected to meet its 2020 objective of 13%. The country’s electricity from renewable sources is mainly encouraged through a quota system, based on certificates trade. Moreover, Belgium’s renewable energy is decentralized, with only hydropower and offshore wind power governed by federal regulations. The central grid operators are expected to fulfill public obligations, including purchasing green certificates at subsidized prices for specific renewable electricity generation technologies. For instance, in Brussels, the capital of Belgium, electricity production from renewable energy sources is extensively promoted through the federal system of green certificates. Additionally, regional support schemes, like net-metering and investment assistance for enterprises, also facilitate it.
On the other hand, Poland is rapidly progressing in the provision of electricity, across the country. Moreover, the rapid economic growth has enabled the nation to re-industrialize, and align the Polish energy sector with the European Union’s stringent environmental regulations. Thus, such factors are influential in augmenting the dry-transformer market growth,

Competitive Insights
Key enterprises operating in the market are, Hanley Energy GCC, ABB Ltd, Siemens AG, Schneider Electric SE, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments