"Powering Bangladesh’s Transformation with Transformers"

Nitesh02 May, 2025Business

The Bangladesh transformer market has witnessed steady growth over the past decade, fueled primarily by the government’s ambitious rural electrification programs and rapid urbanization. As the country extends grid connectivity to previously underserved areas, demand for distribution transformers (up to 33 kV) has surged, with imports accounting for nearly 70 % of supply. Major global and regional players—particularly from China, India, and South Korea—have established strong footholds, offering cost-competitive oil-filled and dry-type units tailored to local specifications.