インドの乾式変圧器市場：タイプ・電圧・フェーズ・エンドユーザー・地域別の機会および予測 (2019～2033年)

インドの乾式変圧器の市場規模は、予測期間中にCAGR 6.63％で推移し、2025年の5億1,489万米ドルから、2033年には8億6,050万米ドルに成長すると予測されています。

インドの乾式変圧器の市場は、再生可能エネルギーへのシフトや急速な都市化・工業化の進展により、近年著しい成長を遂げています。さらに、スマートシティやインフラプロジェクトへの投資拡大が、乾式変圧器の需要を押し上げています。乾式変圧器は空気または樹脂ベースの冷却方式を採用しており、火災リスクや環境への影響を排除するため、屋内使用や高い安全性が求められる用途に最適です。また、電気機器に対する防火規制の強化も、乾式変圧器の需要増加を後押ししています。

再生可能エネルギー関連プロジェクトへの投資の増加も、乾式変圧器の市場需要を大きくけん引しています。乾式変圧器は、安全性やエネルギー損失の低減に優れることから、再生可能エネルギーを電力網に統合する上で不可欠な機器です。これにより、乾式変圧器市場に新たな機会が生まれています。さらに、インド政府は空港、病院、地下鉄、高層ビルなどの都市開発に積極的に投資しており、これらの施設では安全性が最重要視されるため、乾式変圧器の採用が広がっています。政府が推進する電力配電網の近代化やエネルギー効率の向上政策は、乾式変圧器の利点と完全に一致しており、市場での需要拡大を後押ししています。

当レポートでは、インドの乾式変圧器の市場を調査し、市場の定義と概要、市場規模の推移・予測、各種区分別の詳細分析、ケーススタディ、市場成長への影響因子の分析、競合情勢、主要企業のプロファイルなどをまとめています。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 米国の関税の影響

第4章 エグゼクティブサマリー

第5章 顧客の声

• 購入決定時に考慮される要素
  • 運用およびパフォーマンス要件
  • 安全性と環境要因
  • 経済的および物流的要因
  • アフターサポート

第6章 インドの乾式変圧器市場の展望

• 市場規模の分析・予測
• 市場シェアの分析・予測
  • タイプ別
    • オープンワウンド変圧器
    • キャストコイルレジン変圧器
    • 真空加圧含浸変圧器
    • 真空加圧封入変圧器
  • 電圧別
    • 低電圧
    • 中電圧
    • 高電圧
  • フェーズ別
    • 単相
    • 三相
  • エンドユーザー別
    • 産業
    • 商業
    • ユーティリティ
    • その他
  • 地域別
    • 北部
    • 南部
    • 東部
    • 西部・中央部
  • 企業別シェア分析（上位5社およびその他）
• 市場マップ分析

第7章 輸出入の分析

第8章 バリューチェーン分析

第9章 ポーターのファイブフォース分析

第10章 PESTLE分析

第11章 価格分析

第12章 市場力学

• 市場促進要因
• 市場の課題

第13章 市場動向・展開

第14章 政策と規制状況

第15章 競合情勢

• 上位5社の競合マトリックス
• 上位5社のSWOT分析
• 上位11社の情勢
  • Siemens India
  • Schneider Electric India Private Limited
  • GE Vernova T&D India Limited
  • CG Power & Industrial Solutions Limited
  • Servokon System Limited
  • Raychem RPG Private Limited
  • Sudhir Power Limited
  • Kirloskar Electric Company Limited
  • TMC Transformers (India) Private Limited
  • Kiran Power Rectification Services Private Limited
  • Toshiba Transmission and Distribution Systems (India) Private Limited

第16章 戦略的提言

第17章 調査会社について・免責事項

List of Tables

• Table 1. Competition Matrix of Top 5 Market Leaders
• Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Dry Type Transformers Market, By Value, In USD Million, FY2019-FY2033F
• Figure 2. India Dry Type Transformers Market, By Volume, In Thousand Units, FY2019-FY2033F
• Figure 3. India Dry Type Transformers Market Share (%), By Type, FY2019-FY2033F
• Figure 4. India Dry Type Transformers Market Share (%), By Voltage, FY2019-FY2033F
• Figure 5. India Dry Type Transformers Market Share (%), By Phase, FY2019-FY2033F
• Figure 6. India Dry Type Transformers Market Share (%), By End-user, FY2019-FY2033F
• Figure 7. India Dry Type Transformers Market Share (%), By Region, FY2019-FY2033F
• Figure 8. By Type Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 9. By Voltage Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 10. By Phase Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 11. By End-user Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 12. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2025

India dry type transformers market is projected to witness a CAGR of 6.63% during the forecast period FY2026- FY2033F, growing from USD 514.89 million in FY2025 to USD 860.50 million in FY2033. The India dry type transformer market has experienced significant growth in recent years due to shift toward renewable energy sources and rising rapid urbanization and industrialization. Moreover, with the rising investment in smart cities and infrastructure projects boost the demand for dry type transformers market. The dry type transformers utilize air or resin-based cooling which eliminates the fire hazards and environmental risks thus making dry type transformers ideal for indoor and high-safety applications. Furthermore, the rising stringent regulations towards fire safety for electrical equipment driving the demand for the dry type transformers.

The rising investment in renewable energy projects is significantly driving the demand for dry type transformers in the market. Dry type transformers are essential for integrating renewable sources into the grid due to their safety features, and efficiency in lowering energy loss thus creating the opportunity for the dry type transformers market. In addition, the Indian government is investing in urban development, including airports, hospitals, metro rail networks, and high-rise buildings in which safety is paramount has increased the adoption of dry type transformers in different sectors. The rising government initiatives towards the modernization of electricity distribution networks while promoting energy efficiency, align perfectly with the benefits offered by dry type transformers thereby driving its demand in the market.

For instance, as per India Investment Grid, the country is planning to add 17,500 Ckm of transmission lines and 80,000 MVA transformation capacity annually over three years. The initiatives are taken under the 'Revamped Distribution Sector Scheme' which further solidifies reliable power supply, with a significant investment of USD 36.74 billion from scheme and USD 11.81 billion support from the central government. This development highlights the rising investment in power infrastructure that drives the demand for dry type transformers market.

Rising Integration of Renewable Energy in Grids Propelling Market Growth

India is investing in large-scale renewable energy generation plants across the country which require dry type transformers. Renewable energy sources are inherently variable and often located in remote or challenging environments creating the need for specialized transformers regarding the integration of renewable energy sources in the power grid. The dry type transformers have the ability to operate efficiently under fluctuating loads and ensure reliable grid connection thus driving its demand in the market. Moreover, the rising integration of renewable energy into the rural and suburban areas grids drives the demand for dry type transformers in the market. The dry type transformers are compact in design which allows for easy installation close to load centers which improves energy efficiency by minimizing line losses. Moreover, the country is investing heavily in solar farms, and onshore and offshore wind farms. The integration and expansion of renewable energy plants directly create the dry type of transformer market opportunity in the coming years.

Furthermore, government initiatives and investments in renewable energy infrastructure, such as India's Green Energy Corridor further boost the demand for dry type transformers. The ongoing and upcoming projects aim to integrate large-scale renewable energy installations into existing grids by constructing substations and transmission lines which create the demand for dry type transformers in the market. In addition, India is highly focused on boosting the share of renewable power in its energy mix which drives the demand for dry type transformers in the market.

For instance, The National Renewable Energy Laboratory (NREL) partners directly with states in India to evaluate strategies for integrating renewable energy into India's power system. The Government of India made a commitment to transition to clean energy in its power sector through several nationwide targets, such as reaching 450 GW of renewable energy by 2030 and a nationally determined contribution commitment of 40% renewable electricity capacity by 2030. This development highlights the rising focus on renewable energy integration which drive the demand for dry type transformers in the market.

Government Support and Investment in Power Infrastructure Creates Market Opportunity

The Indian government is prioritizing the efficient electricity supply by investing in grid expansion and modernizing the existing grid. Moreover, the Indian government plans to boost power generation and transmission infrastructure to meet rising electricity demands, thus creating opportunities for dry type transformers in the market. The government is coming up with a revised distribution sector scheme (RDSS) which focuses on modernizing and strengthening distribution infrastructure in urban and rural area, which includes upgrading substations and transmission lines thereby creating the demand for efficient and reliable dry type transformers in the market.

For instance, in November 2024, Kashmir Power Distribution Corporation Limited (KPDCL) is in the process of installing 7,000 new distribution transformer substations across Kashmir valley under the Centre's premier Revamped Distribution Sector Scheme (RDSS). In another instance, in February 2022, the Government of India approved a new project amounting USD 4.12 Billion under the Integrated Power Development Program (IPDP). The program is set up to strengthen sub-transmission and distribution networks in urban areas of the country. This development highlights the government's initiative to drive demand for dry type transformers in the country.

Furthermore, the Indian government has taken initiatives for the electrification of the rural areas in the country by launching schemes such as Integrated Power Development Scheme (IPDS), the National Electricity Fund (NEF), and Green Energy Corridors program which aimed at improving the electrification and modernized transmission infrastructure thereby driving the demand for dry type transformers in the market. India's Saubhagya Scheme and Rajiv Gandhi Grameen Vidyutikaran Yojna (RGGVY) have made substantial improvements in the rural electricity infrastructure, which would directly add to a greater need for dry type transformers and hence market growth opportunities in the future years.

Cast Coil Resin Transformers to Dominate the Market Share

The demand for cast coil resin transformers is increasing in the market as products provide superior performance, reliability, and adaptability across diverse applications. Moreover, the rising investment in the integration of renewable energy drives the demand for efficient transformers that could manage varying power inputs and facilitate smooth integration into the grid. Cast coil resin transformers are able to handle extreme environmental conditions and have a high insulation capacity which drives its demand in different applications.

The cast coil resin transformers have a small carbon footprint and require low maintenance which drives its demand in industrial applications. The product is able to handle high loads and capability to be used safely within indoor environments. Furthermore, rising focus on industrialization necessitates the deployment of effective power distribution equipment which contributes to increasing demand for cast coil resin transformers in the market. Furthermore, upcoming advancements in technology and designs will enhance the cooling systems and bring greater durability to the product which will drive its popularity in the market.

West and Central Region Leads the India Dry Type Transformers Market

The west and central regions dominated the dry type transformers market with the highest market share. The west and central region states that investing in the integration of renewable sources into the grid as well as rising urbanization in the region has propelled the demand for dry type transformers in the market. The state government is looking to modernize the existing power infrastructure which therefore needs to be substituted with more effective transformers, further driving the demand for dry type transformers in the market. The modernization of power infrastructure improves reliability and lowers energy loss which further drives the demand for dry type transformers in the market.

For instance, in December 2024, The Maharashtra Electricity Regulatory Commission (MERC) and Global Energy Alliance for People and Planet (GEAPP) have signed a Statement of Intent (SoI) to advance Maharashtra's energy transition through regulatory and policy innovations. The collaboration focuses on integrating renewable energy and promoting inclusive development which drive the dry type transformers in the market.

The states are focusing on the commercial and manufacturing sectors that promote the demand for effective transformers in the region. In addition, the growing interest in electrification of rural areas and the push towards renewable energy generation is expected to be a major factor for dry type transformer market growth during the forecast period.

Future Market Scenario (FY2026 - FY2033F)

As India modernizes its power infrastructure, the development of smart grids will be a major factor in shaping the dry type transformer market.

Urbanization will continuously drive the demand for dry type transformers as new housing developments extend in addition to commercial complexes, industrial parks, and infrastructure public projects.

Government plans to electrify all forms of the public transport system will further increase demand for dry type transformers.

To meet the energy demand, power grids are being expanded which driving the need for more dry type transformers to support the transmission and distribution of electricity to urban, suburban, and rural areas.

Key Players Landscape and Outlook

India dry type transformer landscape is marked by continuous innovation, with companies competing based on energy efficiency, product lifespan, and distinctive features. The market outlook remains optimistic due to the growing demand for integrating renewable energy and automation in the industrial sector. The competitive environment is expected to intensify with new product releases, strategic partnerships, business expansions, collaborations, and emerging technologies, all contributing to a dynamic and rapidly evolving market.

For instance, in July 2024, Toshiba Transmission and Distribution Systems (India) Private Limited decided to increase its manufacturing capacity of power transformers and distribution transformers over the next three years with an investment of around USD 58 million in a manufacturing plant near Hyderabad. This development will help the company to increase its revenue and production capacity in the coming years.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Impact of U.S. Tariffs

4. Executive Summary

5. Voice of Customers

• 5.1. Factors Considered in Purchase Decisions
  • 5.1.1. Operational and Performance Requirements
  • 5.1.2. Safety and Environmental Factors
  • 5.1.3. Economic and Logistical Factors
  • 5.1.4. After-Sales Support

6. India Dry Type Transformers Market Outlook, FY2019-FY2033F

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
  • 6.1.2. By Volume
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Type
    • 6.2.1.1. Open Wound Transformers
    • 6.2.1.2. Cast Coil Resin Transformers
    • 6.2.1.3. Vacuum Pressure Impregnated Transformers
    • 6.2.1.4. Vacuum Pressure Encapsulated Transformers
  • 6.2.2. By Voltage
    • 6.2.2.1. Low Voltage
    • 6.2.2.2. Medium Voltage
    • 6.2.2.3. High Voltage
  • 6.2.3. By Phase
    • 6.2.3.1. Single Phase
    • 6.2.3.2. Three Phase
  • 6.2.4. By End-user
    • 6.2.4.1. Industrial
    • 6.2.4.2. Commercial
    • 6.2.4.3. Utility
    • 6.2.4.4. Others
  • 6.2.5. By Region
    • 6.2.5.1. North
    • 6.2.5.2. South
    • 6.2.5.3. East
    • 6.2.5.4. West and Central
  • 6.2.6. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2025)
• 6.3. Market Map Analysis, FY2025
  • 6.3.1. By Type
  • 6.3.2. By Voltage
  • 6.3.3. By Phase
  • 6.3.4. By End-user
  • 6.3.5. By Region

All segments will be provided for all regions covered

7. Import and Export Analysis

8. Value Chain Analysis

9. Porter's Five Forces Analysis

10. PESTLE Analysis

11. Pricing Analysis

12. Market Dynamics

• 12.1. Market Drivers
• 12.2. Market Challenges

13. Market Trends and Developments

14. Policies and Regulatory Landscape

15. Competitive Landscape

• 15.1. Competition Matrix of Top 5 Market Leaders
• 15.2. SWOT Analysis for Top 5 Players
• 15.3. Key Players Landscape for Top 11 Market Players
  • 15.3.1. Siemens India
    • 15.3.1.1. Company Details
    • 15.3.1.2. Key Management Personnel
    • 15.3.1.3. Products and Services
    • 15.3.1.4. Financials (As Reported)
    • 15.3.1.5. Key Market Focus and Geographical Presence
    • 15.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 15.3.2. Schneider Electric India Private Limited
  • 15.3.3. GE Vernova T&D India Limited
  • 15.3.4. CG Power & Industrial Solutions Limited
  • 15.3.5. Servokon System Limited
  • 15.3.6. Raychem RPG Private Limited
  • 15.3.7. Sudhir Power Limited
  • 15.3.8. Kirloskar Electric Company Limited
  • 15.3.9. TMC Transformers (India) Private Limited
  • 15.3.10. Kiran Power Rectification Services Private Limited
  • 15.3.11. Toshiba Transmission and Distribution Systems (India) Private Limited

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

16. Strategic Recommendations

17. About Us and Disclaimer