
North America Transformer Market Research Report Forecast to 2032
Description
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.
Table of Contents
109 Pages
- 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
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.