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North America Oil Immersed Power Transformer Market Size, Share & Trends Analysis Report By Phase, By Installation (Pad-mounted, Pole-mounted, and Substation Installation), By Voltage (High, Medium, and Low), By End User, By Country and Growth Forecast, 2

Publisher Knowledge Based Value (KBV) Research
Published Feb 09, 2024
Length 120 Pages
SKU # KBV18592752

Description

North America Oil Immersed Power Transformer Market Size, Share & Trends Analysis Report By Phase, By Installation (Pad-mounted, Pole-mounted, and Substation Installation), By Voltage (High, Medium, and Low), By End User, By Country and Growth Forecast, 2023 - 2030


The North America Oil Immersed Power Transformer Market would witness market growth of 5.9% CAGR during the forecast period (2023-2030).

A rising electricity demand, developments in renewable energy technologies, and the necessity to modernize outdated power infrastructure all contribute to a paradigm shift in the energy landscape. Central to this evolution is the crucial role played by power transformers, particularly oil-immersed power transformers, which form the backbone of electricity transmission and distribution networks. The market stands at the intersection of traditional power systems and emerging energy trends, navigating a landscape of technological innovation, regulatory dynamics, and evolving environmental considerations.

In addition, oil-immersed power transformers have long been the workhorses of the electrical grid, facilitating the efficient and reliable transmission of electricity across various voltage levels. Adopting these transformers is deeply intertwined with the expansion and modernization of power infrastructure in developed and developing economies. The robust design, high efficiency, and long operational life of oil-immersed transformers make them indispensable components in power networks, supporting the reliable delivery of electricity from generation sources to end-users.

Canada has been experiencing population growth and urbanization, particularly in major cities and urban centers. As the population increases, so does the demand for electricity to power residential, commercial, and industrial activities. As per the data from the International Trade Administration, Canada’s total installed electricity generation capacity was approximately 149 GW in 2021 and is projected to reach 170 GW in 2035. The Canada Small Modular Reactors (SMR) Roadmap will be decisive in reaching this goal. The total electricity generated in Canada in 2022 was 640.3 TWH, approximately 2% higher than in 2021. Hence, rising electricity demand in North America will assist in the expansion of the regional market.

The US market dominated the North America Oil Immersed Power Transformer Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,134.1 Million by 2030. The Canada market is experiencing a CAGR of 8.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.3% during (2023 - 2030).

Based on Phase, the market is segmented into Three, and Single. Based on Installation, the market is segmented into Pad-mounted, Pole-mounted, and Substation Installation. Based on Voltage, the market is segmented into High, Medium, and Low. Based on End User, the market is segmented into Utilities, Industrial, and Residential & Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • ABB Group
  • Siemens AG
  • Schneider Electric SE
  • Eaton Corporation PLC
  • Hitachi, Ltd. (Hitachi Energy Ltd.)
  • General Electric Company
  • Fuji Electric Co. Ltd.
  • Toshiba Corporation
  • Voltamp Transformers Limited
  • YueBian Electric Co.,Ltd.
North America Oil Immersed Power Transformer Market Report Segmentation

By Phase
  • Three
  • Single
By Installation
  • Pad-mounted
  • Pole-mounted
  • Substation Installation
By Voltage
  • High
  • Medium
  • Low
By End User
  • Utilities
  • Industrial
  • Residential & Commercial
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

120 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Oil Immersed Power Transformer Market, by Phase
1.4.2 North America Oil Immersed Power Transformer Market, by Installation
1.4.3 North America Oil Immersed Power Transformer Market, by Voltage
1.4.4 North America Oil Immersed Power Transformer Market, by End User
1.4.5 North America Oil Immersed Power Transformer Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2022
4.2 Porter Five Forces Analysis
Chapter 5. North America Oil Immersed Power Transformer Market by Phase
5.1 North America Three Market by Region
5.2 North America Single Market by Region
Chapter 6. North America Oil Immersed Power Transformer Market by Installation
6.1 North America Pad-mounted Market by Country
6.2 North America Pole-mounted Market by Country
6.3 North America Substation Installation Market by Country
Chapter 7. North America Oil Immersed Power Transformer Market by Voltage
7.1 North America High Market by Country
7.2 North America Medium Market by Country
7.3 North America Low Market by Country
Chapter 8. North America Oil Immersed Power Transformer Market by End User
8.1 North America Utilities Market by Country
8.2 North America Industrial Market by Country
8.3 North America Residential & Commercial Market by Country
Chapter 9. North America Oil Immersed Power Transformer Market by Country
9.1 US Oil Immersed Power Transformer Market
9.1.1 US Oil Immersed Power Transformer Market by Phase
9.1.2 US Oil Immersed Power Transformer Market by Installation
9.1.3 US Oil Immersed Power Transformer Market by Voltage
9.1.4 US Oil Immersed Power Transformer Market by End User
9.2 Canada Oil Immersed Power Transformer Market
9.2.1 Canada Oil Immersed Power Transformer Market by Phase
9.2.2 Canada Oil Immersed Power Transformer Market by Installation
9.2.3 Canada Oil Immersed Power Transformer Market by Voltage
9.2.4 Canada Oil Immersed Power Transformer Market by End User
9.3 Mexico Oil Immersed Power Transformer Market
9.3.1 Mexico Oil Immersed Power Transformer Market by Phase
9.3.2 Mexico Oil Immersed Power Transformer Market by Installation
9.3.3 Mexico Oil Immersed Power Transformer Market by Voltage
9.3.4 Mexico Oil Immersed Power Transformer Market by End User
9.4 Rest of North America Oil Immersed Power Transformer Market
9.4.1 Rest of North America Oil Immersed Power Transformer Market by Phase
9.4.2 Rest of North America Oil Immersed Power Transformer Market by Installation
9.4.3 Rest of North America Oil Immersed Power Transformer Market by Voltage
9.4.4 Rest of North America Oil Immersed Power Transformer Market by End User
Chapter 10. Company Profiles
10.1 Voltamp Transformers Limited
10.1.1 Company Overview
10.1.2 Financial Analysis
10.2 YueBian Electric Co.,Ltd.
10.2.1 Company Overview
10.3 ABB Group
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 SWOT Analysis
10.4 Siemens AG
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.6 SWOT Analysis
10.5 Schneider Electric SE
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Acquisition and Mergers:
10.5.6 SWOT Analysis
10.6 Eaton Corporation PLC
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 Hitachi, Ltd. (Hitachi Energy Ltd.)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.5.2 Geographical Expansions:
10.8 General Electric Company
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 SWOT Analysis
10.9 Fuji Electric Co. Ltd.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. Toshiba Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research and Development Expense
10.10.5 SWOT Analysis

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