Market Research Heavy Industry Market Research Energy & Resources Market Research Utilities Market Research Utilities Equipment Market Research

North America Transformer Market Research Report Forecast to 2032

Best Price Guarantee Length Publisher Published Date SKU
from $2,950 109 Pages Market Research Future February, 2024 RESFT18566550
Best Price Guarantee
Price from $2,950
Length 109 Pages
Publisher Market Research Future
Published Date February, 2024
SKU RESFT18566550

North America Transformer Market Research Report Forecast to 2032



The North America Transformer Market is projected to register a CAGR of 4.9% during the review period. The North America Transformer Market is conspicuously affected by many market-driven factors. Key drivers driving development of North America Transformer Market incorporates expanding energy requests from ventures and updating old transmission and dissemination frameworks and quick reception of savvy matrix innovation. Numerous transmission frameworks in North America are maturing and needing overhauls. Updating these frameworks includes supplanting obsolete gear, including transformers, with additional advanced and proficient ones. This works on the dependability and limit of the power matrix, guaranteeing a steady stockpile of power to fulfill the developing energy needs.

Businesses in North America have been encountering a developing interest for power. This expanded interest is driven by variables like modern development, innovative progressions, and the requirement for dependable power supply. As ventures grow their tasks, the interest in transformers to help power appropriation and usage additionally increments. Also, the maturing foundation of transmission and dispersion frameworks in North America expects moves up to guarantee effective and dependable power transmission. Updating these frameworks includes supplanting obsolete gear, including transformers, with current and more proficient models. This works on the general execution and unwavering quality of the power network.

As per the U.S. Energy Data Organization, the typical length of yearly electric power interference remained at 7 hours from 2017 to 2021. Electric service organizations in the U.S. are stood up to with a huge obstruction through heightening support costs related with maturing foundation. Roughly 70% of transmission lines in the U.S. are over 25 years of age and approaching the finish of their normal 50-80-year life expectancy. Over the long haul, different parts of the foundation, for example, transmission pinnacles, transformers, and electrical cables, go through decay, bringing about continuous breakdowns and blackouts. As indicated by the Division of Energy, blackouts cost U.S. economy USD 28 billion to USD 169 billion every year.

Market Segmentation

Based on type, the North America Transformer Market is divided into dry type and oil filled.

By power rating, the North America Transformer Market is divided into <500 kVA, 500 kVA-2500 kVA, 2500 kVA-10,000 kVA and >10,000 kVA.

In terms of phase, the Market is divided into single phase and three phase. Among these, three phases arise as the prevailing fragment in the market. Considering voltage, the Market is divided into low, medium, and high.

Considering mounting, the North America Transformer Market is divided into pad, pole, and others. Based on end-client, the Market is divided into modern, utility, and private and business.

Major Players

The major players operating in the Market are General Electric (GE), Eaton, Hammond Power Solutions, Hammond Power Solutions, Olsun Electrics Corporation, MGM Transformer Company, Virginia Transformer Corp, Northern Transformer Corporation, Prolec-GE Waukesha, Inc., VanTran Transformers.

Companies Mentioned

General Electric (GE)
Eaton
Hammond Power Solutions
Hammond Power Solutions
Olsun Electrics Corporation
MGM Transformer Company
Virginia Transformer Corp
Northern Transformer Corporation
Prolec-GE Waukesha
Inc.
VanTran Transformers.


1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.6 Approaches For Market Size Estimation:
3.6.1 Trade Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Technique
3.8 Data Modeling
3.8.1 Data Modeling:
3.9 Teams And Analyst Contribution
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Energy Demands From Indu.S.Tries And Upgrading Old Transmission And Distribution Systems
4.2.2 Rapid Adoption Of Smart Grid Technology
4.3 Restraints
4.3.1 Instability In Raw Material Prices
4.3.2 Restraint Impact Analysis (2023-2032)
4.4 Opportunity
4.4.1 Escalating Population And Electricity Demand
4.5 Impact Analysis Of Covid-19
4.5.1 Impact On North America Transformers Market Size
4.5.2 Impact On Market Demand Of North America Transformers
5 Market Factor Analysis
5.1 Supply/Value Chain Analysis
5.1.1 Raw Material Suppliers
5.1.2 Manufacturers
5.1.3 Distribution And Sales Channel
5.1.4 End Users
5.2 Porter’s Five Forces Model
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Suppliers
5.2.3 Threat Of Substitutes
5.2.4 Bargaining Power Of Buyers
5.2.5 Intensity Of Rivalry
6 North America Transformer Market, By Type
6.1 Introduction
6.2 Dry-type Transformer
6.3 Oil-filled Transformer
7 North America Transformers Market, By Power Rating
7.1 Introduction
7.2 <<500 Kva
7.3 500 Kva-2500 Kva
7.4 2500 Kva-10,000 Kva
7.5 >10,000 Kva
8 North America Transformers Market, By Phase
8.1 Introduction
8.2 Single Phase
8.3 Three Phase
9 North Ameirca Transformer Market, By Voltage
9.1 Introduction
9.2 Low
9.3 Medium
9.4 High
10 North Ameirca Transformer Market, By Mounting
10.1 Introduction
10.2 Pad
10.3 Pole
11 North America Transformer Market, By End-user
11.1 Introduction
11.2 Industrial
11.3 Utility
11.4 Residential & Commercial
12 North America Transformers Market, By Country
12.1.1 Us
12.1.2 Canada
12.1.3 Mexico
13 Competitive Landscape
13.1 Introduction
13.2 Company Market Share Analysis, 2022 (%)
13.3 Competitive Benchmarking
13.4 Leading Players In Terms Of The Number Of Developments In The North America Transformers Market
13.5 List Of Tier Ii And Tier Iii Companies
13.6 Comparative Analysis: Key Players Financial, 2022
13.7 Key Developments & Growth Strategies
13.7.1 Merger & Acquisition
13.7.2 Joint Ventures
13.7.3 Capacity Expansion
13.7.4 Investment
14 Company Profiles
14.1 General Electric
14.1.1 Company Overview
14.1.2 Financial Overview
14.1.3 Products Offered
14.1.4 Key Developments
14.1.5 Swot Analysis
14.1.6 Key Strategy
14.2 Eaton Corporation
14.2.1 Company Overview
14.2.2 Financial Overview
14.2.3 Products Offered
14.2.4 Key Developments
14.2.5 Swot Analysis
14.2.6 Key Strategy
14.3 Hammond Power Solutions
14.3.1 Company Overview
14.3.2 Financial Overview
14.3.3 Products Offeredx
14.3.4 Key Developments
14.3.5 Swot Analysis
14.3.6 Key Strategy
14.4 Weg
14.4.1 Company Overview
14.4.2 Financial Overview
14.4.3 Products Offered
14.4.4 Key Developments
14.4.5 Swot Analysis
14.4.6 Key Strategy
14.5 Olsun Electrics Corporation
14.5.1 Company Overview
14.5.2 Financial Overview
14.5.3 Products Offered
14.5.4 Key Developments
14.5.5 Swot Analysis
14.5.6 Key Strategy
14.6 Mgm Transformer Company
14.6.1 Company Overview
14.6.2 Financial Overview
14.6.3 Products Offered
14.6.4 Key Developments
14.6.5 Swot Analysis
14.6.6 Key Strategy
14.7 Virginia Transformer Corp
14.7.1 Company Overview
14.7.2 Financial Overview
14.7.3 Products Offered
14.7.4 Key Developments
14.7.5 Swot Analysis
14.7.6 Key Strategy
14.8 Northern Transformer Corporation
14.8.1 Company Overview
14.8.2 Financial Overview
14.8.3 Products Offered
14.8.4 Key Developments
14.8.5 Swot Analysis
14.8.6 Key Strategy
14.9 Prolec-ge Waukesha, Inc.
14.9.1 Company Overview
14.9.2 Prolec-ge Waukesha, Inc. Corporation: Financial Overview Snapshot
14.9.3 Products Offered
14.9.4 Key Developments
14.9.5 Swot Analysis
14.9.6 Key Strategy
14.10 Vantran Transformers
14.10.1 Company Overview
14.10.2 Financial Overview
14.10.3 Products Offered
14.10.4 Key Developments
14.10.5 Swot Analysis
14.10.6 Key Strategy 109
List Of Tables
Table 1 Qfd Modeling For Market Share Assessment
Table 2 North America Transformer Market, By Type, 2018-2032 (Usd Million)
Table 3 North America Transformers Market, By Power Rating, 2018-2032 (Usd Million)
Table 4 North America Transformers Market, By Phase, 2018-2032 (Usd Million)
Table 5 North Ameirca Transformer Market, By Voltage, 2018-2032 (Usd Million)
Table 6 North Ameirca Transformer Market, By Mounting, 2018-2032 (Usd Million)
Table 7 North America Transformer Market, By End-user, 2018-2032 (Usd Million)
Table 8 North America Transformers Market, By Country, 2018-2032 (Usd Million)
Table 9 Us: Transformers Market, By Type, 2018-2032 (Usd Million)
Table 10 Us Transformers Market, By Power Rating, 2018-2032 (Usd Million)
Table 11 Us Transformers Market, By Phase, 2018-2032 (Usd Million)
Table 12 Us Transformer Market, By Voltage, 2018-2032 (Usd Million)
Table 13 Us Transformer Market, By Mounting, 2018-2032 (Usd Million)
Table 14 Us Transformer Market, By End-user, 2018-2032 (Usd Million)
Table 15 Canada: Transformers Market, By Type, 2018-2032 (Usd Million)
Table 16 Canada Transformers Market, By Power Rating, 2018-2032 (Usd Million)
Table 17 Canada Transformers Market, By Phase, 2018-2032 (Usd Million)
Table 18 Canada Transformer Market, By Voltage, 2018-2032 (Usd Million)
Table 19 Canada Transformer Market, By Mounting, 2018-2032 (Usd Million)
Table 20 Canada Transformer Market, By End-user, 2018-2032 (Usd Million)
Table 21 Mexico: Transformers Market, By Type, 2018-2032 (Usd Million)
Table 22 Mexico Transformers Market, By Power Rating, 2018-2032 (Usd Million)
Table 23 Mexico Transformers Market, By Phase, 2018-2032 (Usd Million)
Table 24 Mexico Transformer Market, By Voltage, 2018-2032 (Usd Million)
Table 25 Mexico Transformer Market, By Mounting, 2018-2032 (Usd Million)
Table 26 Mexico Transformer Market, By End-user, 2018-2032 (Usd Million)
Table 27 Leading Players In Terms Of The Number Of Developments In The North America Transformers Market
Table 28 General Electric: Products Offered
Table 29 General Electric: Key Developments
Table 30 Eaton Corporation: Products Offered
Table 31 Eaton Corporation: Key Developments
Table 32 Hammond Power Solutions: Oducts Offered
Table 33 Hammond Power Solutions: Key Developments
Table 34 Weg: Products Offered
Table 35 Olsun Electrics Corporation: Products Offered
Table 36 Olsun Electrics Corporation: Key Developments
Table 37 Olsun Electrics Corporation: Mgm Transformer Company: Swot Analysis
Table 38 Mgm Transformer Company: Products Offered
Table 39 Virginia Transformer Corp: Products Offered
Table 40 Northern Transformer Corporation: Key Developments
Table 41 Prolec-ge Waukesha, Inc. Corporation: Products Offered
Table 42 Vantran Transformers: Products Offered 108
List Of Figures
Figure 1 North America Transformers Market: Structure
Figure 2 North America Transformers Market: Market Growth Factor Analysis (2018-2032)
Figure 3 Driver Impact Analysis (2023-2032)
Figure 4 Supply Chain: North America Transformers Market
Figure 5 Porter's Five Forces Analysis: North America Transformer Market
Figure 6 North America Transformer Market, By Type, Segment Attarctiveness Analysis
Figure 7 North America Transformer Market, By Type, 2022 (% Share)
Figure 8 North America Transformers Market, By Power Rating, Segment Analysis
Figure 9 North America Transformers Market, By Power Rating, 2022 (% Share)
Figure 10 North America Transformers Market, By Phase, Segment Analysis
Figure 11 North America Transformers Market, By Phase, 2022 (% Share)
Figure 12 North Ameirca Transformer Market, By Voltage, Segment Attarctiveness Analysis
Figure 13 North Ameirca Transformer Market, By Voltage, 2022 (% Share)
Figure 14 North Ameirca Transformer Market, By Mounting, Segment Attarctiveness Analysis
Figure 15 North Ameirca Transformer Market, By Mounting, 2022 (% Share)
Figure 16 North America Transformer Market, By End-user, Segment Attarctiveness Analysis
Figure 17 North America Transformer Market, By End-user, 2022 (% Share)
Figure 18 North America Market: Comparative Analysis
Figure 19 North America Market: Swot Analysis
Figure 20 North America: Transformers Market Share, By Country, 2022 (% Share)
Figure 21 North America Transformers Market Major Players Market Share Analysis, 2022 (%)
Figure 22 Benchmarking Of Major Competitors
Figure 23 Comparative Analysis: Key Players Financial, 2022
Figure 24 Merger & Acquisition
Figure 25 Joint Ventures
Figure 26 Capacity Expansion
Figure 27 Investment
Figure 28 General Electric: Swot Analysis
Figure 29 Eaton Corporation: Financial Overview Snapshot
Figure 30 Eaton Corporation: Swot Analysis
Figure 31 Hammond Power Solutions: Financial Overview Snapshot
Figure 32 Hammond Power Solutions: Swot Analysis
Figure 33 Weg: Swot Analysis
Figure 34 Mgm Transformer Company: Swot Analysis
Figure 35 Virginia Transformer Corp: Swot Analysis
Figure 36 Northern Transformer Corporation.: Products Offered
Figure 37 Northern Transformer Corporation.: Swot Analysis
Figure 38 Prolec-ge Waukesha, Inc. Corporation: Swot Analysis
Figure 39 Vantran Transformers: Swot Analysis 109

$2,950
$3,950
$5,250

Research Assistance

US: 800.298.5699
Int'l: +1.240.747.3093
Live help
Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Other tasks

Cookie Settings