North America Dry Type Transformer Market Size By Core (Closed, Shell, Berry), By Technology (Self-air, Air-blast), By Insulation (Class R, Class H, Class F, Class B, Class A), By Product (Open Wound, Cast Resin, Vacuum Pressure Impregnated, Vacuum Pressure Encapsulated), By Phase (Single, Three), By Installation (Outdoor, Indoor), By Winding (Two-winding, Auto-transformer), By Rating (< 5 MVA, 5 MVA to 30 MVA, > 30 MVA), By Voltage (2.5 kV to 10 kV, > 10 kV to 30 kV, > 30 kV to 50 kV, > 50 kV to 70 kV, > 70 kV), By Mounting (Pad, Pole), By Application (Industries, Inner-city Substations, Indoor/Underground Substations, Renewable Generation), By End Use (Residential & Commercial, Industrial, Utility), Industry Analysis Report, Regional Outlook, Price Trends, Competitive Market Share & Forecast, 2019 – 2025

Published Date: Mar 2019  |  Report ID: GMI3176  |  Authors: Ankit Gupta, Abhigyan Tathagat

Report Format: PDF   |   Pages: 317   |   Base Year: 2018

Summary Table of Contents Industry Coverage Methodology

Industry Trends

North America Dry Type Transformer Market size in 2018 exceeded USD 900 million and is anticipated to surpass an annual installation of 19’000 units by 2025.

North America Dry Type Transformer Market

Get more details on this report - Request Free Sample PDF

Ongoing technological advancements followed by positive inclination toward the replacement of traditional insulation technologies will drive the dry type transformer market across North America. The technology owing to its environmental reliability has gained immense upsurge in the recent years. Exceptional performance in extreme climatic conditions coupled with elimination of spills & leakages will boost product penetration. Furthermore, efficient resistivity to abrupt current flow and short circuits in line with operational safety & security across indoor deployment will foster the industry growth.

North America Dry Type Transformer Market Report Coverage
Report Coverage Details
Base Year: 2018 Market Size in 2018: 900 Million (USD)
Historical Data for: 2014 to 2018 Forecast Period: 2019 to 2025
Forecast Period 2019 to 2025 CAGR: 6.9% 2025 Value Projection: 1.5 Billion (USD)
Pages: 317 Tables, Charts & Figures: 484
Geographies covered (3): U.S., Canada, Mexico
Segments covered: Core, Technology, Insulation, Product, Phase, Installation, Winding, Rating, Voltage, Mounting, Application, End Use and Region
Companies covered (20): ABB, General Electric, CG Power and Industrial Solutions Ltd, Schneider Electric, Toshiba Corporation, Siemens, Eaton, Pioneer Power Solutions, WEG, Rex Power Magnetics, Olsun Electric, MGM Transformer Company, Niagara Transformers, Hammond Power Solutions, Neeltran Inc., Electric Power Inc., Marcus Transformers, Atlas Transformers, Deemsa Transformers, Virginia Transformer and Georgia Transformer Corp
Growth Drivers:
  • Stringent energy efficiency reforms
  • Refurbishment demand for existing grid infrastructure
  • Rising infrastructural spending
Pitfalls & Challenges:
  • High initial cost

Get more details on this report - Request Free Sample PDF

North America Dry Type Transformer Market, By Core

Shell core transformers are anticipated to exceed an annual installation of 5’000 units by 2025. These transformers in the recent years have gained an appreciable market penetration owing to improved efficiencies and economical cost structure when compared to the conventional closed core units. Furthermore, high-end product flexibility coupled with the integration of smart monitoring unit have proliferated the overall dry type transformer market.

North America Dry Type Transformer Market, By Technology

Effective compatibility across high-tension applications along with better cooling properties, when compared to its dry counterparts, will fuel the self air dry type transformer market growth. The technology over the years has gained sustainable adoption pertaining to its optimum cooling strength and ease-of-installation. Leakage, health, and fire hazards associated with these products may however restrain the product demand.

North America Dry Type Transformer Market, By Insulation

U.S. Dry Type Transformer Market By Insulation

Get more details on this report - Request Free Sample PDF

Class B and A transformers witness wide applicability across electric networks with lower peak demand and comparatively low transformation capacity. These units have gained marginal industry penetration owing to the significant competitive influence from existing insulation units and low consumer apprehension. However effective cost structure, compact configuration, and insulating property are key factors driving the market growth.

North America Dry Type Transformer Industry, By Product

In the recent years, cast resin transformers have gained appreciable upsurge owing to their rapid technological enhancements and safe operational performance. The manufacturers have constantly been focusing towards efficient technological developments and expansion of product applications which in turn will augment the dry type transformer market.

North America Dry Type Transformer Industry, By Phase

Three-phase dry type transformers owing to their effective feasibility across large-capacity industrial establishments and utility-aided distribution networks hold the majority revenue share. However, the growing demand for high ampacity and power reliability across industrial processes will positively influence the industry landscape. In addition, the effective long-route network capacity coupled with lower line losses will enhance the market.

North America Dry Type Transformer Market, By Installation

Increasing space limitations on account of ongoing retrofitting & refurbishment of existing electric network will stimulate the indoor North America dry type transformer industry. The growing real estate industry in association to the exponential increase in public and private investments will enhance the product penetration. Infrastructure investments across the region have primarily been driven with majority of deals led by the renewable, power, and road sectors.

North America Dry Type Transformer Market, By Winding

Effective transformation & operational flexibility, when compared to its competitive counterparts have amplified the auto transformer dry type transformer market potential. Compact unit structure, sustainable costs, and higher efficiency are a few indispensable parameters, which will encourage the product adoption.

North America Dry Type Transformer Market, By Rating

> 30 MVA units in the recent years have gained escalation owing to the expansion of high-tension electric lines to curb losses accumulated from the long-route electrical supply. Minimal sagging losses, lesser use of materials, and efficient electricity supply are the few indispensable parameters which will positively influence the dry type transformer market.

North America Dry Type Transformer Industry, By Voltage

2.5 kV to 10 kV dry type transformer market is predicted to observe growth on account of its wide applications across power, infrastructure sectors and process industries. Ongoing integration of sustainable technologies across the residential peripherals along with rapid development of micro-grid infrastructure will positively influence the business outlook.

North America Dry Type Transformer Industry, By Mounting

Pole-mounted transformers have gained appreciable market penetration owing to large unit installations to cater to long-route electrical distribution. Distant load centers across regions with limited grid access provide immense potential for technological expansion which will further boost the North America market.

North America Dry Type Transformer Market, By Application

Increasing emphasis on the adoption of comprehensive frequency electric networks in line with rising concerns for energy efficiency will complement the industrial dry type transformer market size. Growing demand for high voltage infrastructure to endure rising demand for peak load will boost the product demand. Increasing fund allocation by the government and private organizations towards electrification programs will further complement the industry growth.

North America Dry Type Transformer Market, By End Use

Rising energy demand, expanding smart grid networks along with the increased investments toward retrofitting and modernization of the existing grid structure will augment the dry type transformer market growth. Rising investments & technological upgradation toward the integration of electricity generated from renewable sources into the grid will further complement the industry landscape.

North America Dry Type Transformer Market, By Country

North America Dry Type Transformer Market By Country

Get more details on this report - Request Free Sample PDF

North American countries including the U.S., Canada, and Mexico have witnessed an inclination in the product demand owing to the increased spending for the development of long-distance electricity networks. The U.S. Government is planning to spend USD 10 billion to develop new distribution networks in 2017, which will significantly reduce the curtailment rate of the Western transmission network.

Competitive Market Share

Prominent North America market participants include GE, Schneider, Toshiba, CG, Siemens, Eaton, ABB, Pioneer Power, WEG, Rex Power, Olsun, MGM, Niagara Transformers, Hammond, Neeltran, Electric Power, Marcus, Atlas, Deemsa and Virginia & Georgia Transformers.

Efficient supply chain collaborations coupled with facility development to attain economies of scale have been the key strategic implications adhered by the leading industry players across the dry type transformer market.

North America Dry Type Transformer Industry Background

These units provide a safe and reliable power source in order to avoid the requirement for venting of toxic gasses, catch basins or fire proof vaults. It needs minimal maintenance to ensure reliable & trouble-free services.

Buy NowImmediate delivery available

Need a Discount? Get in touch with us for special pricing

Request Discount

Connect with our sales team

Premium Report Details

  • Published Date: Mar 2019
  • Pages: 317
  • Tables: 436
  • Charts / Figures: 48
  • Companies covered: 20
  • Countries covered: 3

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X