US Dry Type Transformer Market: Market Research by Knowledge Sourcing Intelligence
US Dry Type Transformer Market A dry type transformer is a static device that uses natural ventilation instead of oil, silicone or a liquid to cool the coils. It is an environment-friendly insulation system and is also known as ‘voltage changing’. The transformers are used for increasing and decreasing voltage and transferring energy between two or more circuits by using electromagnetic induction. The dry transformers provide safety against the fire and are in high demand and use in high-rise buildings, steel factories, underground tunnels, hospitals, schools, chemical plants, and other places. It also helps in addressing the environmental and health concern by using air for ventilation. The demand for the market is driven by the increasing population and industrialization in the developing countries, raising awareness, and use of sources of renewable power generation sources, and exponentially high demand for electricity. Moreover, the rising personal disposable income an...