Global Oil Filled Transformer Market Growth 2025-2031

Product Code: 1629031

Industry: Machinery & Equipment

Published: Aug 06,2025

Pages: 152

Delivery Time: 2-3 business days

Global Oil Filled Transformer Market Growth 2025-2031

Product Code: 1629031

Industry: Machinery & Equipment

Published: Aug 06,2025

Pages: 152

Delivery Time: 2-3 business days

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Description

The global Oil Filled Transformer market size is predicted to grow from US$ 9532 million in 2025 to US$ 13380 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Oil filled transformer has circuit interrupter disposed within the transformer housing and utilizes a bridging contact movable between an open position spaced from a pair of stationary contacts, and a closed position engaging the stationary contacts, to complete a series circuit through the transformer to a low voltage terminal located on the transformer housing.

The global oil filled transformer market is expected to grow steadily, with the core growth drivers coming from the demand for new energy grid connection in the Asia-Pacific region (such as China's UHV projects and India's rural power grid expansion), the upgrade of old power grids in Europe and the United States (70% of transformers in the United States have a lifespan of more than 25 years), and the demand for supporting offshore wind power (such as the North Sea project in Europe). The competitive landscape is dominated by leading companies such as Hitachi, Siemens, and TBEA, which together account for more than 60%. Technological differentiation (UHV, digitalization) and regional cooperation have become the key to competition. Challenges include environmental transformation pressure (the cost of bio-insulating oil has increased by 30%-50%) and price fluctuations of raw materials such as silicon steel. Future trends focus on greening (application of synthetic ester oil), intelligence (IoT monitoring), and high-voltage direct current transmission (such as cross-border power grid interconnection). China's "Belt and Road" and the US IRA policy further boost market expansion, but we need to be vigilant about geopolitical and supply chain risks.

LP Information, Inc. (LPI) ' newest research report, the “Oil Filled Transformer Industry Forecast” looks at past sales and reviews total world Oil Filled Transformer sales in 2024, providing a comprehensive analysis by region and market sector of projected Oil Filled Transformer sales for 2025 through 2031. With Oil Filled Transformer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil Filled Transformer industry.

This Insight Report provides a comprehensive analysis of the global Oil Filled Transformer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oil Filled Transformer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Oil Filled Transformer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil Filled Transformer and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oil Filled Transformer.

This report presents a comprehensive overview, market shares, and growth opportunities of Oil Filled Transformer market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    ≤10KV
    10-110KV
    110-750KV
    Above 750KV

Segmentation by Application:
    Power Industry
    Metallurgical Industry
    Rail
    Municipal
    Petrochemical Industry
    New Energy (Photovoltaic, Wind Power, Etc.)
    Other Industry

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

    Tbea
    China XD Electric
    Hitachi Energy (ABB)
    Huapeng Transformer
    Siemens
    Shandong Electrical Engineering & Equipment Group
    Shandong Dachi Electric
    Toshiba
    SGB-SMIT
    Sanbian Sci-Tech
    Hangzhou Qianjiang Electric Group
    Mitsuibishi Electric
    BTW
    Eaglerise Electric & Electronic
    GE Vernova
    Hyosung
    Sojo
    Schneider Electric
    WEG
    Shihlin Electric & Engineering
    HD Hyundai Electric
    Tianhong

Key Questions Addressed in this Report
What is the 10-year outlook for the global Oil Filled Transformer market?
What factors are driving Oil Filled Transformer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Oil Filled Transformer market opportunities vary by end market size?
How does Oil Filled Transformer break out by Type, by Application?

Table Of Contents

1 Scope of the Report
    1.1 Market Introduction
    1.2 Years Considered
    1.3 Research Objectives
    1.4 Market Research Methodology
    1.5 Research Process and Data Source
    1.6 Economic Indicators
    1.7 Currency Considered
    1.8 Market Estimation Caveats

2 Executive Summary
    2.1 World Market Overview
        2.1.1 Global Oil Filled Transformer Annual Sales 2020-2031
        2.1.2 World Current & Future Analysis for Oil Filled Transformer by Geographic Region, 2020, 2024 & 2031
        2.1.3 World Current & Future Analysis for Oil Filled Transformer by Country/Region, 2020, 2024 & 2031
    2.2 Oil Filled Transformer Segment by Type
        2.2.1 ≤10KV
        2.2.2 10-110KV
        2.2.3 110-750KV
        2.2.4 Above 750KV
        2.2.5 Oil Filled Transformer Sales by Type
            2.2.5.1 Global Oil Filled Transformer Sales Market Share by Type (2020-2025)
            2.2.5.2 Global Oil Filled Transformer Revenue and Market Share by Type (2020-2025)
            2.2.5.3 Global Oil Filled Transformer Sale Price by Type (2020-2025)
    2.3 Oil Filled Transformer Segment by Application
        2.3.1 Power Industry
        2.3.2 Metallurgical Industry
        2.3.3 Rail
        2.3.4 Municipal
        2.3.5 Petrochemical Industry
        2.3.6 New Energy (Photovoltaic, Wind Power, Etc.)
        2.3.7 Other Industry
        2.3.8 Oil Filled Transformer Sales by Application
            2.3.8.1 Global Oil Filled Transformer Sale Market Share by Application (2020-2025)
            2.3.8.2 Global Oil Filled Transformer Revenue and Market Share by Application (2020-2025)
            2.3.8.3 Global Oil Filled Transformer Sale Price by Application (2020-2025)

3 Global by Company
    3.1 Global Oil Filled Transformer Breakdown Data by Company
        3.1.1 Global Oil Filled Transformer Annual Sales by Company (2020-2025)
        3.1.2 Global Oil Filled Transformer Sales Market Share by Company (2020-2025)
    3.2 Global Oil Filled Transformer Annual Revenue by Company (2020-2025)
        3.2.1 Global Oil Filled Transformer Revenue by Company (2020-2025)
        3.2.2 Global Oil Filled Transformer Revenue Market Share by Company (2020-2025)
    3.3 Global Oil Filled Transformer Sale Price by Company
    3.4 Key Manufacturers Oil Filled Transformer Producing Area Distribution, Sales Area, Product Type
        3.4.1 Key Manufacturers Oil Filled Transformer Product Location Distribution
        3.4.2 Players Oil Filled Transformer Products Offered
    3.5 Market Concentration Rate Analysis
        3.5.1 Competition Landscape Analysis
        3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
    3.6 New Products and Potential Entrants
    3.7 Market M&A Activity & Strategy

4 World Historic Review for Oil Filled Transformer by Geographic Region
    4.1 World Historic Oil Filled Transformer Market Size by Geographic Region (2020-2025)
        4.1.1 Global Oil Filled Transformer Annual Sales by Geographic Region (2020-2025)
        4.1.2 Global Oil Filled Transformer Annual Revenue by Geographic Region (2020-2025)
    4.2 World Historic Oil Filled Transformer Market Size by Country/Region (2020-2025)
        4.2.1 Global Oil Filled Transformer Annual Sales by Country/Region (2020-2025)
        4.2.2 Global Oil Filled Transformer Annual Revenue by Country/Region (2020-2025)
    4.3 Americas Oil Filled Transformer Sales Growth
    4.4 APAC Oil Filled Transformer Sales Growth
    4.5 Europe Oil Filled Transformer Sales Growth
    4.6 Middle East & Africa Oil Filled Transformer Sales Growth

5 Americas
    5.1 Americas Oil Filled Transformer Sales by Country
        5.1.1 Americas Oil Filled Transformer Sales by Country (2020-2025)
        5.1.2 Americas Oil Filled Transformer Revenue by Country (2020-2025)
    5.2 Americas Oil Filled Transformer Sales by Type (2020-2025)
    5.3 Americas Oil Filled Transformer Sales by Application (2020-2025)
    5.4 United States
    5.5 Canada
    5.6 Mexico
    5.7 Brazil

6 APAC
    6.1 APAC Oil Filled Transformer Sales by Region
        6.1.1 APAC Oil Filled Transformer Sales by Region (2020-2025)
        6.1.2 APAC Oil Filled Transformer Revenue by Region (2020-2025)
    6.2 APAC Oil Filled Transformer Sales by Type (2020-2025)
    6.3 APAC Oil Filled Transformer Sales by Application (2020-2025)
    6.4 China
    6.5 Japan
    6.6 South Korea
    6.7 Southeast Asia
    6.8 India
    6.9 Australia
    6.10 China Taiwan

7 Europe
    7.1 Europe Oil Filled Transformer by Country
        7.1.1 Europe Oil Filled Transformer Sales by Country (2020-2025)
        7.1.2 Europe Oil Filled Transformer Revenue by Country (2020-2025)
    7.2 Europe Oil Filled Transformer Sales by Type (2020-2025)
    7.3 Europe Oil Filled Transformer Sales by Application (2020-2025)
    7.4 Germany
    7.5 France
    7.6 UK
    7.7 Italy
    7.8 Russia

8 Middle East & Africa
    8.1 Middle East & Africa Oil Filled Transformer by Country
        8.1.1 Middle East & Africa Oil Filled Transformer Sales by Country (2020-2025)
        8.1.2 Middle East & Africa Oil Filled Transformer Revenue by Country (2020-2025)
    8.2 Middle East & Africa Oil Filled Transformer Sales by Type (2020-2025)
    8.3 Middle East & Africa Oil Filled Transformer Sales by Application (2020-2025)
    8.4 Egypt
    8.5 South Africa
    8.6 Israel
    8.7 Turkey
    8.8 GCC Countries

9 Market Drivers, Challenges and Trends
    9.1 Market Drivers & Growth Opportunities
    9.2 Market Challenges & Risks
    9.3 Industry Trends

10 Manufacturing Cost Structure Analysis
    10.1 Raw Material and Suppliers
    10.2 Manufacturing Cost Structure Analysis of Oil Filled Transformer
    10.3 Manufacturing Process Analysis of Oil Filled Transformer
    10.4 Industry Chain Structure of Oil Filled Transformer

11 Marketing, Distributors and Customer
    11.1 Sales Channel
        11.1.1 Direct Channels
        11.1.2 Indirect Channels
    11.2 Oil Filled Transformer Distributors
    11.3 Oil Filled Transformer Customer

12 World Forecast Review for Oil Filled Transformer by Geographic Region
    12.1 Global Oil Filled Transformer Market Size Forecast by Region
        12.1.1 Global Oil Filled Transformer Forecast by Region (2026-2031)
        12.1.2 Global Oil Filled Transformer Annual Revenue Forecast by Region (2026-2031)
    12.2 Americas Forecast by Country (2026-2031)
    12.3 APAC Forecast by Region (2026-2031)
    12.4 Europe Forecast by Country (2026-2031)
    12.5 Middle East & Africa Forecast by Country (2026-2031)
    12.6 Global Oil Filled Transformer Forecast by Type (2026-2031)
    12.7 Global Oil Filled Transformer Forecast by Application (2026-2031)

13 Key Players Analysis
    13.1 Tbea
        13.1.1 Tbea Company Information
        13.1.2 Tbea Oil Filled Transformer Product Portfolios and Specifications
        13.1.3 Tbea Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.1.4 Tbea Main Business Overview
        13.1.5 Tbea Latest Developments
    13.2 China XD Electric
        13.2.1 China XD Electric Company Information
        13.2.2 China XD Electric Oil Filled Transformer Product Portfolios and Specifications
        13.2.3 China XD Electric Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.2.4 China XD Electric Main Business Overview
        13.2.5 China XD Electric Latest Developments
    13.3 Hitachi Energy (ABB)
        13.3.1 Hitachi Energy (ABB) Company Information
        13.3.2 Hitachi Energy (ABB) Oil Filled Transformer Product Portfolios and Specifications
        13.3.3 Hitachi Energy (ABB) Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.3.4 Hitachi Energy (ABB) Main Business Overview
        13.3.5 Hitachi Energy (ABB) Latest Developments
    13.4 Huapeng Transformer
        13.4.1 Huapeng Transformer Company Information
        13.4.2 Huapeng Transformer Oil Filled Transformer Product Portfolios and Specifications
        13.4.3 Huapeng Transformer Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.4.4 Huapeng Transformer Main Business Overview
        13.4.5 Huapeng Transformer Latest Developments
    13.5 Siemens
        13.5.1 Siemens Company Information
        13.5.2 Siemens Oil Filled Transformer Product Portfolios and Specifications
        13.5.3 Siemens Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.5.4 Siemens Main Business Overview
        13.5.5 Siemens Latest Developments
    13.6 Shandong Electrical Engineering & Equipment Group
        13.6.1 Shandong Electrical Engineering & Equipment Group Company Information
        13.6.2 Shandong Electrical Engineering & Equipment Group Oil Filled Transformer Product Portfolios and Specifications
        13.6.3 Shandong Electrical Engineering & Equipment Group Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.6.4 Shandong Electrical Engineering & Equipment Group Main Business Overview
        13.6.5 Shandong Electrical Engineering & Equipment Group Latest Developments
    13.7 Shandong Dachi Electric
        13.7.1 Shandong Dachi Electric Company Information
        13.7.2 Shandong Dachi Electric Oil Filled Transformer Product Portfolios and Specifications
        13.7.3 Shandong Dachi Electric Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.7.4 Shandong Dachi Electric Main Business Overview
        13.7.5 Shandong Dachi Electric Latest Developments
    13.8 Toshiba
        13.8.1 Toshiba Company Information
        13.8.2 Toshiba Oil Filled Transformer Product Portfolios and Specifications
        13.8.3 Toshiba Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.8.4 Toshiba Main Business Overview
        13.8.5 Toshiba Latest Developments
    13.9 SGB-SMIT
        13.9.1 SGB-SMIT Company Information
        13.9.2 SGB-SMIT Oil Filled Transformer Product Portfolios and Specifications
        13.9.3 SGB-SMIT Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.9.4 SGB-SMIT Main Business Overview
        13.9.5 SGB-SMIT Latest Developments
    13.10 Sanbian Sci-Tech
        13.10.1 Sanbian Sci-Tech Company Information
        13.10.2 Sanbian Sci-Tech Oil Filled Transformer Product Portfolios and Specifications
        13.10.3 Sanbian Sci-Tech Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.10.4 Sanbian Sci-Tech Main Business Overview
        13.10.5 Sanbian Sci-Tech Latest Developments
    13.11 Hangzhou Qianjiang Electric Group
        13.11.1 Hangzhou Qianjiang Electric Group Company Information
        13.11.2 Hangzhou Qianjiang Electric Group Oil Filled Transformer Product Portfolios and Specifications
        13.11.3 Hangzhou Qianjiang Electric Group Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.11.4 Hangzhou Qianjiang Electric Group Main Business Overview
        13.11.5 Hangzhou Qianjiang Electric Group Latest Developments
    13.12 Mitsuibishi Electric
        13.12.1 Mitsuibishi Electric Company Information
        13.12.2 Mitsuibishi Electric Oil Filled Transformer Product Portfolios and Specifications
        13.12.3 Mitsuibishi Electric Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.12.4 Mitsuibishi Electric Main Business Overview
        13.12.5 Mitsuibishi Electric Latest Developments
    13.13 BTW
        13.13.1 BTW Company Information
        13.13.2 BTW Oil Filled Transformer Product Portfolios and Specifications
        13.13.3 BTW Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.13.4 BTW Main Business Overview
        13.13.5 BTW Latest Developments
    13.14 Eaglerise Electric & Electronic
        13.14.1 Eaglerise Electric & Electronic Company Information
        13.14.2 Eaglerise Electric & Electronic Oil Filled Transformer Product Portfolios and Specifications
        13.14.3 Eaglerise Electric & Electronic Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.14.4 Eaglerise Electric & Electronic Main Business Overview
        13.14.5 Eaglerise Electric & Electronic Latest Developments
    13.15 GE Vernova
        13.15.1 GE Vernova Company Information
        13.15.2 GE Vernova Oil Filled Transformer Product Portfolios and Specifications
        13.15.3 GE Vernova Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.15.4 GE Vernova Main Business Overview
        13.15.5 GE Vernova Latest Developments
    13.16 Hyosung
        13.16.1 Hyosung Company Information
        13.16.2 Hyosung Oil Filled Transformer Product Portfolios and Specifications
        13.16.3 Hyosung Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.16.4 Hyosung Main Business Overview
        13.16.5 Hyosung Latest Developments
    13.17 Sojo
        13.17.1 Sojo Company Information
        13.17.2 Sojo Oil Filled Transformer Product Portfolios and Specifications
        13.17.3 Sojo Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.17.4 Sojo Main Business Overview
        13.17.5 Sojo Latest Developments
    13.18 Schneider Electric
        13.18.1 Schneider Electric Company Information
        13.18.2 Schneider Electric Oil Filled Transformer Product Portfolios and Specifications
        13.18.3 Schneider Electric Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.18.4 Schneider Electric Main Business Overview
        13.18.5 Schneider Electric Latest Developments
    13.19 WEG
        13.19.1 WEG Company Information
        13.19.2 WEG Oil Filled Transformer Product Portfolios and Specifications
        13.19.3 WEG Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.19.4 WEG Main Business Overview
        13.19.5 WEG Latest Developments
    13.20 Shihlin Electric & Engineering
        13.20.1 Shihlin Electric & Engineering Company Information
        13.20.2 Shihlin Electric & Engineering Oil Filled Transformer Product Portfolios and Specifications
        13.20.3 Shihlin Electric & Engineering Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.20.4 Shihlin Electric & Engineering Main Business Overview
        13.20.5 Shihlin Electric & Engineering Latest Developments
    13.21 HD Hyundai Electric
        13.21.1 HD Hyundai Electric Company Information
        13.21.2 HD Hyundai Electric Oil Filled Transformer Product Portfolios and Specifications
        13.21.3 HD Hyundai Electric Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.21.4 HD Hyundai Electric Main Business Overview
        13.21.5 HD Hyundai Electric Latest Developments
    13.22 Tianhong
        13.22.1 Tianhong Company Information
        13.22.2 Tianhong Oil Filled Transformer Product Portfolios and Specifications
        13.22.3 Tianhong Oil Filled Transformer Sales, Revenue, Price and Gross Margin (2020-2025)
        13.22.4 Tianhong Main Business Overview
        13.22.5 Tianhong Latest Developments

14 Research Findings and Conclusion

List Of Tables

List of Tables
 Table 1. Oil Filled Transformer Annual Sales CAGR by Geographic Region (2020, 2024 & 2031) & ($ millions)
 Table 2. Oil Filled Transformer Annual Sales CAGR by Country/Region (2020, 2024 & 2031) & ($ millions)
 Table 3. Major Players of ≤10KV
 Table 4. Major Players of 10-110KV
 Table 5. Major Players of 110-750KV
 Table 6. Major Players of Above 750KV
 Table 7. Global Oil Filled Transformer Sales by Type (2020-2025) & (MVA)
 Table 8. Global Oil Filled Transformer Sales Market Share by Type (2020-2025)
 Table 9. Global Oil Filled Transformer Revenue by Type (2020-2025) & ($ million)
 Table 10. Global Oil Filled Transformer Revenue Market Share by Type (2020-2025)
 Table 11. Global Oil Filled Transformer Sale Price by Type (2020-2025) & (US$/KVA)
 Table 12. Global Oil Filled Transformer Sale by Application (2020-2025) & (MVA)
 Table 13. Global Oil Filled Transformer Sale Market Share by Application (2020-2025)
 Table 14. Global Oil Filled Transformer Revenue by Application (2020-2025) & ($ million)
 Table 15. Global Oil Filled Transformer Revenue Market Share by Application (2020-2025)
 Table 16. Global Oil Filled Transformer Sale Price by Application (2020-2025) & (US$/KVA)
 Table 17. Global Oil Filled Transformer Sales by Company (2020-2025) & (MVA)
 Table 18. Global Oil Filled Transformer Sales Market Share by Company (2020-2025)
 Table 19. Global Oil Filled Transformer Revenue by Company (2020-2025) & ($ millions)
 Table 20. Global Oil Filled Transformer Revenue Market Share by Company (2020-2025)
 Table 21. Global Oil Filled Transformer Sale Price by Company (2020-2025) & (US$/KVA)
 Table 22. Key Manufacturers Oil Filled Transformer Producing Area Distribution and Sales Area
 Table 23. Players Oil Filled Transformer Products Offered
 Table 24. Oil Filled Transformer Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
 Table 25. New Products and Potential Entrants
 Table 26. Market M&A Activity & Strategy
 Table 27. Global Oil Filled Transformer Sales by Geographic Region (2020-2025) & (MVA)
 Table 28. Global Oil Filled Transformer Sales Market Share Geographic Region (2020-2025)
 Table 29. Global Oil Filled Transformer Revenue by Geographic Region (2020-2025) & ($ millions)
 Table 30. Global Oil Filled Transformer Revenue Market Share by Geographic Region (2020-2025)
 Table 31. Global Oil Filled Transformer Sales by Country/Region (2020-2025) & (MVA)
 Table 32. Global Oil Filled Transformer Sales Market Share by Country/Region (2020-2025)
 Table 33. Global Oil Filled Transformer Revenue by Country/Region (2020-2025) & ($ millions)
 Table 34. Global Oil Filled Transformer Revenue Market Share by Country/Region (2020-2025)
 Table 35. Americas Oil Filled Transformer Sales by Country (2020-2025) & (MVA)
 Table 36. Americas Oil Filled Transformer Sales Market Share by Country (2020-2025)
 Table 37. Americas Oil Filled Transformer Revenue by Country (2020-2025) & ($ millions)
 Table 38. Americas Oil Filled Transformer Sales by Type (2020-2025) & (MVA)
 Table 39. Americas Oil Filled Transformer Sales by Application (2020-2025) & (MVA)
 Table 40. APAC Oil Filled Transformer Sales by Region (2020-2025) & (MVA)
 Table 41. APAC Oil Filled Transformer Sales Market Share by Region (2020-2025)
 Table 42. APAC Oil Filled Transformer Revenue by Region (2020-2025) & ($ millions)
 Table 43. APAC Oil Filled Transformer Sales by Type (2020-2025) & (MVA)
 Table 44. APAC Oil Filled Transformer Sales by Application (2020-2025) & (MVA)
 Table 45. Europe Oil Filled Transformer Sales by Country (2020-2025) & (MVA)
 Table 46. Europe Oil Filled Transformer Revenue by Country (2020-2025) & ($ millions)
 Table 47. Europe Oil Filled Transformer Sales by Type (2020-2025) & (MVA)
 Table 48. Europe Oil Filled Transformer Sales by Application (2020-2025) & (MVA)
 Table 49. Middle East & Africa Oil Filled Transformer Sales by Country (2020-2025) & (MVA)
 Table 50. Middle East & Africa Oil Filled Transformer Revenue Market Share by Country (2020-2025)
 Table 51. Middle East & Africa Oil Filled Transformer Sales by Type (2020-2025) & (MVA)
 Table 52. Middle East & Africa Oil Filled Transformer Sales by Application (2020-2025) & (MVA)
 Table 53. Key Market Drivers & Growth Opportunities of Oil Filled Transformer
 Table 54. Key Market Challenges & Risks of Oil Filled Transformer
 Table 55. Key Industry Trends of Oil Filled Transformer
 Table 56. Oil Filled Transformer Raw Material
 Table 57. Key Suppliers of Raw Materials
 Table 58. Oil Filled Transformer Distributors List
 Table 59. Oil Filled Transformer Customer List
 Table 60. Global Oil Filled Transformer Sales Forecast by Region (2026-2031) & (MVA)
 Table 61. Global Oil Filled Transformer Revenue Forecast by Region (2026-2031) & ($ millions)
 Table 62. Americas Oil Filled Transformer Sales Forecast by Country (2026-2031) & (MVA)
 Table 63. Americas Oil Filled Transformer Annual Revenue Forecast by Country (2026-2031) & ($ millions)
 Table 64. APAC Oil Filled Transformer Sales Forecast by Region (2026-2031) & (MVA)
 Table 65. APAC Oil Filled Transformer Annual Revenue Forecast by Region (2026-2031) & ($ millions)
 Table 66. Europe Oil Filled Transformer Sales Forecast by Country (2026-2031) & (MVA)
 Table 67. Europe Oil Filled Transformer Revenue Forecast by Country (2026-2031) & ($ millions)
 Table 68. Middle East & Africa Oil Filled Transformer Sales Forecast by Country (2026-2031) & (MVA)
 Table 69. Middle East & Africa Oil Filled Transformer Revenue Forecast by Country (2026-2031) & ($ millions)
 Table 70. Global Oil Filled Transformer Sales Forecast by Type (2026-2031) & (MVA)
 Table 71. Global Oil Filled Transformer Revenue Forecast by Type (2026-2031) & ($ millions)
 Table 72. Global Oil Filled Transformer Sales Forecast by Application (2026-2031) & (MVA)
 Table 73. Global Oil Filled Transformer Revenue Forecast by Application (2026-2031) & ($ millions)
 Table 74. Tbea Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 75. Tbea Oil Filled Transformer Product Portfolios and Specifications
 Table 76. Tbea Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 77. Tbea Main Business
 Table 78. Tbea Latest Developments
 Table 79. China XD Electric Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 80. China XD Electric Oil Filled Transformer Product Portfolios and Specifications
 Table 81. China XD Electric Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 82. China XD Electric Main Business
 Table 83. China XD Electric Latest Developments
 Table 84. Hitachi Energy (ABB) Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 85. Hitachi Energy (ABB) Oil Filled Transformer Product Portfolios and Specifications
 Table 86. Hitachi Energy (ABB) Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 87. Hitachi Energy (ABB) Main Business
 Table 88. Hitachi Energy (ABB) Latest Developments
 Table 89. Huapeng Transformer Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 90. Huapeng Transformer Oil Filled Transformer Product Portfolios and Specifications
 Table 91. Huapeng Transformer Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 92. Huapeng Transformer Main Business
 Table 93. Huapeng Transformer Latest Developments
 Table 94. Siemens Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 95. Siemens Oil Filled Transformer Product Portfolios and Specifications
 Table 96. Siemens Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 97. Siemens Main Business
 Table 98. Siemens Latest Developments
 Table 99. Shandong Electrical Engineering & Equipment Group Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 100. Shandong Electrical Engineering & Equipment Group Oil Filled Transformer Product Portfolios and Specifications
 Table 101. Shandong Electrical Engineering & Equipment Group Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 102. Shandong Electrical Engineering & Equipment Group Main Business
 Table 103. Shandong Electrical Engineering & Equipment Group Latest Developments
 Table 104. Shandong Dachi Electric Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 105. Shandong Dachi Electric Oil Filled Transformer Product Portfolios and Specifications
 Table 106. Shandong Dachi Electric Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 107. Shandong Dachi Electric Main Business
 Table 108. Shandong Dachi Electric Latest Developments
 Table 109. Toshiba Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 110. Toshiba Oil Filled Transformer Product Portfolios and Specifications
 Table 111. Toshiba Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 112. Toshiba Main Business
 Table 113. Toshiba Latest Developments
 Table 114. SGB-SMIT Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 115. SGB-SMIT Oil Filled Transformer Product Portfolios and Specifications
 Table 116. SGB-SMIT Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 117. SGB-SMIT Main Business
 Table 118. SGB-SMIT Latest Developments
 Table 119. Sanbian Sci-Tech Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 120. Sanbian Sci-Tech Oil Filled Transformer Product Portfolios and Specifications
 Table 121. Sanbian Sci-Tech Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 122. Sanbian Sci-Tech Main Business
 Table 123. Sanbian Sci-Tech Latest Developments
 Table 124. Hangzhou Qianjiang Electric Group Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 125. Hangzhou Qianjiang Electric Group Oil Filled Transformer Product Portfolios and Specifications
 Table 126. Hangzhou Qianjiang Electric Group Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 127. Hangzhou Qianjiang Electric Group Main Business
 Table 128. Hangzhou Qianjiang Electric Group Latest Developments
 Table 129. Mitsuibishi Electric Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 130. Mitsuibishi Electric Oil Filled Transformer Product Portfolios and Specifications
 Table 131. Mitsuibishi Electric Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 132. Mitsuibishi Electric Main Business
 Table 133. Mitsuibishi Electric Latest Developments
 Table 134. BTW Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 135. BTW Oil Filled Transformer Product Portfolios and Specifications
 Table 136. BTW Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 137. BTW Main Business
 Table 138. BTW Latest Developments
 Table 139. Eaglerise Electric & Electronic Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 140. Eaglerise Electric & Electronic Oil Filled Transformer Product Portfolios and Specifications
 Table 141. Eaglerise Electric & Electronic Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 142. Eaglerise Electric & Electronic Main Business
 Table 143. Eaglerise Electric & Electronic Latest Developments
 Table 144. GE Vernova Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 145. GE Vernova Oil Filled Transformer Product Portfolios and Specifications
 Table 146. GE Vernova Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 147. GE Vernova Main Business
 Table 148. GE Vernova Latest Developments
 Table 149. Hyosung Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 150. Hyosung Oil Filled Transformer Product Portfolios and Specifications
 Table 151. Hyosung Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 152. Hyosung Main Business
 Table 153. Hyosung Latest Developments
 Table 154. Sojo Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 155. Sojo Oil Filled Transformer Product Portfolios and Specifications
 Table 156. Sojo Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 157. Sojo Main Business
 Table 158. Sojo Latest Developments
 Table 159. Schneider Electric Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 160. Schneider Electric Oil Filled Transformer Product Portfolios and Specifications
 Table 161. Schneider Electric Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 162. Schneider Electric Main Business
 Table 163. Schneider Electric Latest Developments
 Table 164. WEG Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 165. WEG Oil Filled Transformer Product Portfolios and Specifications
 Table 166. WEG Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 167. WEG Main Business
 Table 168. WEG Latest Developments
 Table 169. Shihlin Electric & Engineering Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 170. Shihlin Electric & Engineering Oil Filled Transformer Product Portfolios and Specifications
 Table 171. Shihlin Electric & Engineering Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 172. Shihlin Electric & Engineering Main Business
 Table 173. Shihlin Electric & Engineering Latest Developments
 Table 174. HD Hyundai Electric Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 175. HD Hyundai Electric Oil Filled Transformer Product Portfolios and Specifications
 Table 176. HD Hyundai Electric Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 177. HD Hyundai Electric Main Business
 Table 178. HD Hyundai Electric Latest Developments
 Table 179. Tianhong Basic Information, Oil Filled Transformer Manufacturing Base, Sales Area and Its Competitors
 Table 180. Tianhong Oil Filled Transformer Product Portfolios and Specifications
 Table 181. Tianhong Oil Filled Transformer Sales (MVA), Revenue ($ Million), Price (US$/KVA) and Gross Margin (2020-2025)
 Table 182. Tianhong Main Business
 Table 183. Tianhong Latest Developments


List of Figures
 Figure 1. Picture of Oil Filled Transformer
 Figure 2. Oil Filled Transformer Report Years Considered
 Figure 3. Research Objectives
 Figure 4. Research Methodology
 Figure 5. Research Process and Data Source
 Figure 6. Global Oil Filled Transformer Sales Growth Rate 2020-2031 (MVA)
 Figure 7. Global Oil Filled Transformer Revenue Growth Rate 2020-2031 ($ millions)
 Figure 8. Oil Filled Transformer Sales by Geographic Region (2020, 2024 & 2031) & ($ millions)
 Figure 9. Oil Filled Transformer Sales Market Share by Country/Region (2024)
 Figure 10. Oil Filled Transformer Sales Market Share by Country/Region (2020, 2024 & 2031)
 Figure 11. Product Picture of ≤10KV
 Figure 12. Product Picture of 10-110KV
 Figure 13. Product Picture of 110-750KV
 Figure 14. Product Picture of Above 750KV
 Figure 15. Global Oil Filled Transformer Sales Market Share by Type in 2025
 Figure 16. Global Oil Filled Transformer Revenue Market Share by Type (2020-2025)
 Figure 17. Oil Filled Transformer Consumed in Power Industry
 Figure 18. Global Oil Filled Transformer Market: Power Industry (2020-2025) & (MVA)
 Figure 19. Oil Filled Transformer Consumed in Metallurgical Industry
 Figure 20. Global Oil Filled Transformer Market: Metallurgical Industry (2020-2025) & (MVA)
 Figure 21. Oil Filled Transformer Consumed in Rail
 Figure 22. Global Oil Filled Transformer Market: Rail (2020-2025) & (MVA)
 Figure 23. Oil Filled Transformer Consumed in Municipal
 Figure 24. Global Oil Filled Transformer Market: Municipal (2020-2025) & (MVA)
 Figure 25. Oil Filled Transformer Consumed in Petrochemical Industry
 Figure 26. Global Oil Filled Transformer Market: Petrochemical Industry (2020-2025) & (MVA)
 Figure 27. Oil Filled Transformer Consumed in New Energy (Photovoltaic, Wind Power, Etc.)
 Figure 28. Global Oil Filled Transformer Market: New Energy (Photovoltaic, Wind Power, Etc.) (2020-2025) & (MVA)
 Figure 29. Oil Filled Transformer Consumed in Other Industry
 Figure 30. Global Oil Filled Transformer Market: Other Industry (2020-2025) & (MVA)
 Figure 31. Global Oil Filled Transformer Sale Market Share by Application (2024)
 Figure 32. Global Oil Filled Transformer Revenue Market Share by Application in 2025
 Figure 33. Oil Filled Transformer Sales by Company in 2025 (MVA)
 Figure 34. Global Oil Filled Transformer Sales Market Share by Company in 2025
 Figure 35. Oil Filled Transformer Revenue by Company in 2025 ($ millions)
 Figure 36. Global Oil Filled Transformer Revenue Market Share by Company in 2025
 Figure 37. Global Oil Filled Transformer Sales Market Share by Geographic Region (2020-2025)
 Figure 38. Global Oil Filled Transformer Revenue Market Share by Geographic Region in 2025
 Figure 39. Americas Oil Filled Transformer Sales 2020-2025 (MVA)
 Figure 40. Americas Oil Filled Transformer Revenue 2020-2025 ($ millions)
 Figure 41. APAC Oil Filled Transformer Sales 2020-2025 (MVA)
 Figure 42. APAC Oil Filled Transformer Revenue 2020-2025 ($ millions)
 Figure 43. Europe Oil Filled Transformer Sales 2020-2025 (MVA)
 Figure 44. Europe Oil Filled Transformer Revenue 2020-2025 ($ millions)
 Figure 45. Middle East & Africa Oil Filled Transformer Sales 2020-2025 (MVA)
 Figure 46. Middle East & Africa Oil Filled Transformer Revenue 2020-2025 ($ millions)
 Figure 47. Americas Oil Filled Transformer Sales Market Share by Country in 2025
 Figure 48. Americas Oil Filled Transformer Revenue Market Share by Country (2020-2025)
 Figure 49. Americas Oil Filled Transformer Sales Market Share by Type (2020-2025)
 Figure 50. Americas Oil Filled Transformer Sales Market Share by Application (2020-2025)
 Figure 51. United States Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 52. Canada Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 53. Mexico Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 54. Brazil Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 55. APAC Oil Filled Transformer Sales Market Share by Region in 2025
 Figure 56. APAC Oil Filled Transformer Revenue Market Share by Region (2020-2025)
 Figure 57. APAC Oil Filled Transformer Sales Market Share by Type (2020-2025)
 Figure 58. APAC Oil Filled Transformer Sales Market Share by Application (2020-2025)
 Figure 59. China Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 60. Japan Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 61. South Korea Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 62. Southeast Asia Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 63. India Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 64. Australia Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 65. China Taiwan Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 66. Europe Oil Filled Transformer Sales Market Share by Country in 2025
 Figure 67. Europe Oil Filled Transformer Revenue Market Share by Country (2020-2025)
 Figure 68. Europe Oil Filled Transformer Sales Market Share by Type (2020-2025)
 Figure 69. Europe Oil Filled Transformer Sales Market Share by Application (2020-2025)
 Figure 70. Germany Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 71. France Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 72. UK Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 73. Italy Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 74. Russia Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 75. Middle East & Africa Oil Filled Transformer Sales Market Share by Country (2020-2025)
 Figure 76. Middle East & Africa Oil Filled Transformer Sales Market Share by Type (2020-2025)
 Figure 77. Middle East & Africa Oil Filled Transformer Sales Market Share by Application (2020-2025)
 Figure 78. Egypt Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 79. South Africa Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 80. Israel Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 81. Turkey Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 82. GCC Countries Oil Filled Transformer Revenue Growth 2020-2025 ($ millions)
 Figure 83. Manufacturing Cost Structure Analysis of Oil Filled Transformer in 2025
 Figure 84. Manufacturing Process Analysis of Oil Filled Transformer
 Figure 85. Industry Chain Structure of Oil Filled Transformer
 Figure 86. Channels of Distribution
 Figure 87. Global Oil Filled Transformer Sales Market Forecast by Region (2026-2031)
 Figure 88. Global Oil Filled Transformer Revenue Market Share Forecast by Region (2026-2031)
 Figure 89. Global Oil Filled Transformer Sales Market Share Forecast by Type (2026-2031)
 Figure 90. Global Oil Filled Transformer Revenue Market Share Forecast by Type (2026-2031)
 Figure 91. Global Oil Filled Transformer Sales Market Share Forecast by Application (2026-2031)
 Figure 92. Global Oil Filled Transformer Revenue Market Share Forecast by Application (2026-2031)

Companies Mentioned

Tbea

China XD Electric

Hitachi Energy (ABB)

Huapeng Transformer

Siemens

Shandong Electrical Engineering & Equipment Group

Shandong Dachi Electric

Toshiba

SGB-SMIT

Sanbian Sci-Tech

Hangzhou Qianjiang Electric Group

Mitsuibishi Electric

BTW

Eaglerise Electric & Electronic

GE Vernova

Hyosung

Sojo

Schneider Electric

WEG

Shihlin Electric & Engineering

HD Hyundai Electric

Tianhong

Methodology

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

Data Sourse

Primary Source

Secondary Source

Players/Suppliers

Journals and Periodicals

Industry Experts

Government Bodies

Distributors/Traders

Annual Reports

Opinion Leaders

Presentations

Front-line Staff