The global Oil Immersed Inductive Voltage Transformer market size is predicted to grow from US$ 423 million in 2025 to US$ 664 million in 2031; it is expected to grow at a CAGR of 7.8% from 2025 to 2031.

An Oil-Immersed Inductive Voltage Transformer (IVT) is a type of voltage transformer that uses oil as an insulating and cooling medium. It steps down high system voltages to lower, standardized levels for safe measurement, monitoring, and control. These transformers are widely used in power systems, especially in high-voltage applications like substations.

United States market for Oil Immersed Inductive Voltage Transformer is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Oil Immersed Inductive Voltage Transformer is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Oil Immersed Inductive Voltage Transformer is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Oil Immersed Inductive Voltage Transformer players cover Hitachi Energy, Emek, Arteche Group, Sieyuan Electric, ITEC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

Infinity Market Research newest research report, the Oil Immersed Inductive Voltage Transformer Industry Forecast looks at past sales and reviews total world Oil Immersed Inductive Voltage Transformer sales in 2024, providing a comprehensive analysis by region and market sector of projected Oil Immersed Inductive Voltage Transformer sales for 2025 through 2031. With Oil Immersed Inductive Voltage Transformer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil Immersed Inductive Voltage Transformer industry.

This Insight Report provides a comprehensive analysis of the global Oil Immersed Inductive Voltage 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 Immersed Inductive Voltage Transformer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Oil Immersed Inductive Voltage Transformer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil Immersed Inductive Voltage 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 Immersed Inductive Voltage Transformer.

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

Segmentation by Type:

    Less than 72 KV
    72-360 KV
    Above 360 KV

Segmentation by Application:

    Power Plants and Substations
    Railways and Transportation Systems
    New Energy Fields
    Others

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 companys coverage, product portfolio, its market penetration.

    Hitachi Energy
    Emek
    Arteche Group
    Sieyuan Electric
    ITEC
    RITZ
    CG Power and Industrial
    Trench Group
    Pfiffner Group
    Guangdong Sihui Instrument Transformer
    Dalian Huayi Electric Power Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Oil Immersed Inductive Voltage Transformer market?
What factors are driving Oil Immersed Inductive Voltage Transformer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Oil Immersed Inductive Voltage Transformer market opportunities vary by end market size?
How does Oil Immersed Inductive Voltage Transformer break out by Type, by Application?