United States Power Transformer Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

United States Power Transformer Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War


The United States power transformer market is expected to grow at a CAGR of around 5.4% during 2024-2033. This report on United States power transformer 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 United States power transformer market by segmenting the market based on type, phase, rating, application and region. Also, detailed profiles of companies operating in the power transformer market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Increasing Integration of Renewable Energy Generation
• Aging Power Grids and Investments

Market Challenges

• Lack Of Investor Confidence

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Type

• Oil Filled
• Dry Type

Market by Phase

• Single
• Three

Market by Rating

• 100 MVA to 500 MVA
• 501 MVA to 800 MVA
• 801 MVA to 1200 MVA

Market by Application

• Residential
• Commercial
• Industrial

Market by Region

• Northeast
• Midwest
• South
• West


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. United States Power Transformer Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. United States Power Transformer 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. United States Power Transformer Market by Type
5.1. Introduction
5.2. Oil Filled
5.3. Dry Type
6. United States Power Transformer Market by Phase
6.1. Introduction
6.2. Single
6.3. Three
7. United States Power Transformer Market by Rating
7.1. Introduction
7.2. 100 MVA to 500 MVA
7.3. 501 MVA to 800 MVA
7.4. 801 MVA to 1200 MVA
8. United States Power Transformer Market by Application
8.1. Introduction
8.2. Residential
8.3. Commercial
8.4. Industrial
9. United States Power Transformer Market by Region
9.1. Introduction
9.2. Northeast
9.3. Midwest
9.4. South
9.5. West
10. SWOT Analysis
11. Porter’s Five Forces
12. Market Value Chain Analysis
13. Competitive Landscape
13.1. Competitive Scenario
13.2. Company Profiles
13.2.1. ABB Ltd.
13.2.2. Eaton Corporation PLC
13.2.3. Emerson Electric Company
13.2.4. General Electric Company
13.2.5. Hitachi, Ltd.
13.2.6. Hyundai Heavy Industries Co. Ltd
13.2.7. Kirloskar Electric Co.
13.2.8. MGM Transformer Company
13.2.9. Panasonic Corporation
13.2.10. Schneider Electric SE
13.2.11. Siemens AG
List of Figures
Figure 1: United States Power Transformer Market (in US$ Million), 2019-2023
Figure 2: United States Power Transformer Market by Type, 2023
Figure 3: United States Power Transformer Market by Phase, 2023
Figure 4: United States Power Transformer Market by Rating, 2023
Figure 5: United States Power Transformer Market by Application, 2023
Figure 6: United States Power Transformer Market by Region, 2023
Figure 7: United States Power Transformer Market (in US$ Million), 2024-2033
Figure 8: United States Power Transformer Market by Type (in %), 2023 & 2033
Figure 9: United States Oil Filled Power Transformer Market (in US$ Million), 2019-2023
Figure 10: United States Oil Filled Power Transformer Market (in US$ Million), 2024-2033
Figure 11: United States Dry Type Power Transformer Market (in US$ Million), 2019-2023
Figure 12: United States Dry Type Power Transformer Market (in US$ Million), 2024-2033
Figure 13: United States Power Transformer Market by Phase (in %), 2023 & 2033
Figure 14: United States Single Power Transformer Market (in US$ Million), 2019-2023
Figure 15: United States Single Power Transformer Market (in US$ Million), 2024-2033
Figure 16: United States Three Power Transformer Market (in US$ Million), 2019-2023
Figure 17: United States Three Power Transformer Market (in US$ Million), 2024-2033
Figure 18: United States Power Transformer Market by Rating (in %), 2023 & 2033
Figure 19: United States 100 MVA to 500 MVA Power Transformer Market (in US$ Million), 2019-2023
Figure 20: United States 100 MVA to 500 MVA Power Transformer Market (in US$ Million), 2024-2033
Figure 21: United States 501 MVA to 800 MVA Power Transformer Market (in US$ Million), 2019-2023
Figure 22: United States 501 MVA to 800 MVA Power Transformer Market (in US$ Million), 2024-2033
Figure 23: United States 801 MVA to 1200 MVA Power Transformer Market (in US$ Million), 2019-2023
Figure 24: United States 801 MVA to 1200 MVA Power Transformer Market (in US$ Million), 2024-2033
Figure 25: United States Power Transformer Market by Application (in %), 2023 & 2033
Figure 26: United States Residential Power Transformer Market (in US$ Million), 2019-2023
Figure 27: United States Residential Power Transformer Market (in US$ Million), 2024-2033
Figure 28: United States Commercial Power Transformer Market (in US$ Million), 2019-2023
Figure 29: United States Commercial Power Transformer Market (in US$ Million), 2024-2033
Figure 30: United States Industrial Power Transformer Market (in US$ Million), 2019-2023
Figure 31: United States Industrial Power Transformer Market (in US$ Million), 2024-2033
Figure 32: United States Power Transformer Market by Region (in %), 2023 & 2033
Figure 33: Northeast Power Transformer Market (in US$ Million), 2019-2023
Figure 34: Northeast Power Transformer Market (in US$ Million), 2024-2033
Figure 35: Midwest Power Transformer Market (in US$ Million), 2019-2023
Figure 36: Midwest Power Transformer Market (in US$ Million), 2024-2033
Figure 37: South Power Transformer Market (in US$ Million), 2019-2023
Figure 38: South Power Transformer Market (in US$ Million), 2024-2033
Figure 39: West Power Transformer Market (in US$ Million), 2019-2023
Figure 40: West Power Transformer Market (in US$ Million), 2024-2033
Figure 41: Market Value Chain
List of Tables
Table 1: United States Power Transformer Market Portraiture
Table 2: United States Power Transformer Market by Type (in US$ Million), 2023 & 2033
Table 3: United States Power Transformer Market by Phase (in US$ Million), 2023 & 2033
Table 4: United States Power Transformer Market by Rating (in US$ Million), 2023 & 2033
Table 5: United States Power Transformer Market by Application (in US$ Million), 2023 & 2033
Table 6: United States Power Transformer Market by Region (in US$ Million), 2023 & 2033
Table 7: List of Key Players

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
Cookie Settings