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North America Distribution Transformer Market Share

Report ID: GMI6583
Published Date: Aug 2023
Report Format: PDF

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North America Distribution Transformer Market Share

Notable companies operating in the distribution transformer market include:

Hitachi Energy Ltd
Siemens
Toshiba Energy Systems & Solutions Corporation
HYOSUNG HEAVY INDUSTRIES
ERMCO
General Electric
Elsewedy Electric
ABB
Schneider Electric
Mitsubishi Electric Corporation
Eaton Corporation
ORMAZABAL
CG Power & Industrial Solutions Ltd.
Celme S.r.l.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

North America distribution transformer industry size was USD 11.3 billion in 2023 and will reach over USD 25.2 billion by 2032, due to the escalating emphasis on revitalizing and enhancing aging power infrastructure.

North America two-winding distribution transformer industry share exceeded USD 5.7 billion in 2022 and may foresee over 9% CAGR from 2023-2032 owing to the emergence of cutting-edge transformer technologies.

U.S. distribution transformer market size may surpass USD 16.6 billion by 2032, owing to the rising integration of renewable energy sources into the power grid.

Hitachi Energy Ltd., Siemens, Toshiba Energy Systems & Solutions Corporation, ERMCO, General Electric, Elsewedy Electric, ABB, Schneider Electric, Mitsubishi Electric Corporation, and Eaton Corporation are some of the key distribution transformer firms in North America.