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North America Oil Filled Transformer Market Share

  • Report ID: GMI5058
  • Published Date: Jun 2023
  • Report Format: PDF

North America Oil Filled Transformer Market Share

Major players operating across the North America oil filled transformer business landscape include :

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

Frequently Asked Questions (FAQ) :

The market size of oil-filled transformer valuation in North America crossed USD 10.2 billion in 2023 and will register 7.1% CAGR during 2024 to 2032, propelled by the rising demand for electricity across various sectors, including residential, commercial, and industrial.

Distribution transformer segment captured industry share of 68% in 2022 and will generate USD 14 billion by 2032, owing to widespread integration of renewable energy sources, such as solar and wind, into the power grid that requires the expansion & upgrade of distribution infrastructure.

The U.S. oil filled transformer sector is anticipated to witness 6.5% growth through 2032, backed by the ongoing refurbishment of existing grid infrastructure, along with rising demand for reliable supply energy across the country.

Fuji Electric Co., Ltd, Siemens Energy, Toshiba International Corporation, General Electric, Elsewedy Electric, LS ELECTRIC Co., Ltd, Lemi Trafo Transformers, Northern Transformer, WEG, and MGM Transformer Company among others.

North America Oil Filled Transformer Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 405
  • Countries covered: 3
  • Pages: 320
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