Industry revenue for Oil Immersed Power Transformer is expected to rise to $36.9 billion by 2030 from $22.1 billion of 2023. The revenue growth of industry players is estimated to average at 7.6% annually for period 2023 to 2030. Growing end-industries in major countries like U.S., China and India, is driving the market demand towards short-term peak; and with such a growth trajectory, Oil Immersed Power Transformer’s from transformer core supplier to end user is expected to evolve & shift towards integration. Recent market developments indicate that leading market players are making the strategic market advancements in frontier markets including Vietnam, Turkey and South Africa. Industry Leadership and Strategies: Companies such Siemens, ABB, Schneider Electric, General Electric, Hitachi Energy, Toshiba, Hyundai Electric, Eaton, Mitsubishi Electric, SPX Transformer Solutions, CG Power and Industrial Solutions and Bharat Heavy Electricals Limited (BHEL) are well placed in this market’s competition, which is intensely competitive at application scale. Industry Transitions: Smart grids need transformers that can keep an eye on and adjust to grid requirements to maintain grid stability. Access report details here – https://datastringconsulting.com/industry-analysis/oil-immersed-power-transformer-market-research-report About DataString Consulting DataString Consulting offers a complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. We offer bespoke market research projects designed to meet the specific strategic objectives of the business. DataString’s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. DataString Consulting’s data aggregators and Industry experts monitor high growth segments within more than 15 industries on an ongoing basis. DataString Consulting is a professional market research company which aims at providing all the market & business research solutions under one roof. Get the right insights for your goals with our unique approach to market research and precisely tailored solutions. We offer services in strategy consulting, comprehensive opportunity assessment across various sectors, and solution-oriented approaches to solve business problems.