The United States Distribution Transformer Market size is expected to grow from USD 3,839.95 billion in 2023 to USD 4,616 billion by 2028, at a CAGR of 3.75% during the forecast period (2023-2028).
The COVID-19 pandemic negatively impacted the power industry. However, the market is expected to grow at a steady pace during the forecast period.
The United States distribution transformer market is fragmented. Some of the key players in this market (in no particular order) include Siemens AG, Hitachi Energy Ltd, General Electric Company, Schneider Electric SE, and Emerson Electric Co.
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