North America Transformer Service Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The North America transformer service market is expected to grow at a CAGR of around 5.1% during 2025-2034. This report on North America transformer service market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the North America transformer service market by segmenting the market based on type, application and region. Also, detailed profiles of companies operating in the transformer service market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Growing Deployment of Energy-efficient Transformers
• Increased Investments
Market Challenges
• Regular Maintenance
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Type
• Field Services
• Engineering Services
• Emergency Response and Remote Monitoring
• Decommissioning
• Other Types
Market by Application
• Power Distribution Service
• Power Source Equipment Service
Market by Region
• United States
• Canada
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. North America Transformer Service Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. North America Transformer Service Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. North America Transformer Service Market by Type
- 5.1. Introduction
- 5.2. Field Services
- 5.3. Engineering Services
- 5.4. Emergency Response and Remote Monitoring
- 5.5. Decommissioning
- 5.6. Other Types
- 6. North America Transformer Service Market by Application
- 6.1. Introduction
- 6.2. Power Distribution Service
- 6.3. Power Source Equipment Service
- 7. North America Transformer Service Market by Region
- 7.1. Introduction
- 7.2. United States
- 7.3. Canada
- 8. SWOT Analysis
- 9. Porter’s Five Forces
- 10. Market Value Chain Analysis
- 11. Competitive Landscape
- 11.1. Competitive Scenario
- 11.2. Company Profiles
- 11.2.1. AKF Group LLC
- 11.2.2. American Electrical Testing Co., LLC
- 11.2.3. Electrical Power Systems
- 11.2.4. Electrical Reliability Services
- 11.2.5. General Electric Company
- 11.2.6. Integrated Power Services
- 11.2.7. Potomac Testing
- 11.2.8. RESA Power, LLC
- 11.2.9. Taurus Power and Controls, Inc.
- List of Figures
- Figure 1: North America Transformer Service Market (in US$ Million), 2020-2024
- Figure 2: North America Transformer Service Market by Type, 2024
- Figure 3: North America Transformer Service Market by Application, 2024
- Figure 4: North America Transformer Service Market by Region, 2024
- Figure 5: North America Transformer Service Market (in US$ Million), 2025-2034
- Figure 6: North America Transformer Service Market by Type (in %), 2024 & 2034
- Figure 7: North America Field Services Transformer Service Market (in US$ Million), 2020-2024
- Figure 8: North America Field Services Transformer Service Market (in US$ Million), 2025-2034
- Figure 9: North America Engineering Services Transformer Service Market (in US$ Million), 2020-2024
- Figure 10: North America Engineering Services Transformer Service Market (in US$ Million), 2025-2034
- Figure 11: North America Emergency Response and Remote Monitoring Transformer Service Market (in US$ Million), 2020-2024
- Figure 12: North America Emergency Response and Remote Monitoring Transformer Service Market (in US$ Million), 2025-2034
- Figure 13: North America Decommissioning Transformer Service Market (in US$ Million), 2020-2024
- Figure 14: North America Decommissioning Transformer Service Market (in US$ Million), 2025-2034
- Figure 15: North America Other Types Transformer Service Market (in US$ Million), 2020-2024
- Figure 16: North America Other Types Transformer Service Market (in US$ Million), 2025-2034
- Figure 17: North America Transformer Service Market by Application (in %), 2024 & 2034
- Figure 18: North America Power Distribution Service Transformer Service Market (in US$ Million), 2020-2024
- Figure 19: North America Power Distribution Service Transformer Service Market (in US$ Million), 2025-2034
- Figure 20: North America Power Source Equipment Service Transformer Service Market (in US$ Million), 2020-2024
- Figure 21: North America Power Source Equipment Service Transformer Service Market (in US$ Million), 2025-2034
- Figure 22: North America Transformer Service Market by Region (in %), 2024 & 2034
- Figure 23: United States Transformer Service Market (in US$ Million), 2020-2024
- Figure 24: United States Transformer Service Market (in US$ Million), 2025-2034
- Figure 25: Canada Transformer Service Market (in US$ Million), 2020-2024
- Figure 26: Canada Transformer Service Market (in US$ Million), 2025-2034
- Figure 27: Market Value Chain
- List of Tables
- Table 1: North America Transformer Service Market Portraiture
- Table 2: North America Transformer Service Market by Type (in US$ Million), 2024 & 2034
- Table 3: North America Transformer Service Market by Application (in US$ Million), 2024 & 2034
- Table 4: North America Transformer Service Market by Region (in US$ Million), 2024 & 2034
- Table 5: List of Key Players
Research Assistance
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