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North America Oil Filled Transformer Market Share

Report ID: GMI5058
Published Date: Jul 2024
Report Format: PDF

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North America Oil Filled Transformer Market Share

North America Oil Filled Transformer Company Market Share Analysis, 2023

General Electric holds a substantial market share in the North American oil-filled transformer market. The company's strong presence is bolstered by its innovative technologies and extensive product portfolio, catering to the growing demand for efficient and reliable power distribution. GE's commitment to modernizing aging grid infrastructure and integrating renewable energy sources has positioned it as a key player in the market, driving significant growth and maintaining its competitive edge.

North America Oil Filled Transformer Market Companies

Major key players operating across the North America oil filled transformer industry are:

CG Power & Industrial Solutions Ltd.
Celme S.r.l.
Elsewedy Electric
Eaton
General Electric
Hyosung Heavy Industries
Kitashiba Electric co., ltd
LS ELECTRIC Co., Ltd
Lemi Trafo Transformers
MGM Transformer Company
Northern Transformer
Ormazabal
Siemens Energy
Schneider Electric
Toshiba International Corporation
WEG

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of North America oil filled transformer was reached USD 10.2 billion in 2023 and is expected to witness 7.3% CAGR through 2032, led by increasing investments for upgrading aging grid infrastructure and expanding renewable energy projects.

North America berry core oil-filled transformer industry is expected to surpass USD 7.4 billion by 2032, due to increasing adoption of berry core technology as it offers superior efficiency and durability while reducing energy losses and maintenance costs.

U.S. oil filled transformer industry size is likely to exceed USD 12.5 billion by 2032, driven by increasing investments in modernizing aging electrical grid infrastructure and the rising demand for efficient and reliable power distribution systems.

CG Power & Industrial Solutions Ltd., Celme S.r.l., Elsewedy Electric, Eaton, General Electric, Hyosung Heavy Industries, Kitashiba Electric co., ltd, LS ELECTRIC Co., Ltd, Lemi Trafo Transformers, MGM Transformer Company, and Northern Transformer, among others