Us power transformer market. A compound annual growth rate of 7. Join Target Circle™ to get perks, deals & a whole lot more every time you shop at Target. current transformer market size was valued at USD 534. United States is replacement driven market. The manufacturing industry is analysed in detail by transformer The North America high voltage power transformer market size exceeded USD 3. 8 billion in 2034 growing at a CAGR of 6. Sales are projected to rise at a CAGR of 6. 6 Bn and is projected to reach USD 38. Power Transformer Market is projected to grow at a 7. 1 billion in 2024 and is expected to reach USD 37. Contact us today! The power transformer market accounted for USD 21. Power transformers are essential electrical devices used to transfer energy between circuits while adjusting voltage levels for efficient long-distance transmission. 9 billion in 2024 to USD 37. 11 Billion in 2025, is expected to grow at a 4. U. Wood Mackenzie projects that power and distribution transformers will see 30% and 10% deficits this year. The United States Power Transformer Market worth USD 4. . Large scale renewable integration of energy sources along with rising electrification programs mainly across the developing economies will strengthen the industry scenario. The global transformers market size accounted for USD 67. 5 Million in 2024 and it will grow $25,216. 5% from 2025 to 2032. Siemens - a name that stands for innovation and quality - offers one of the most comprehensive lines of low voltage power distribution on the market today. 06% from 2024 to 2030. 2% from 2025 to 2030. U. The Oil Filled Transformer Market comprises transformers insulated with oil for efficient electrical energy distribution. Substation power transformer. 8 Bn by 2032, growing at a CAGR of 6. 09 billion by 2031. 28 billion in 2025 and is anticipated to grow to US$ 54. 6 million by 2030, growing at a CAGR of 4. , Siemens Energy AG, ABB Ltd. 2A, Output: 4. 7% from 2025 to 2034, fueled by the growing demand for power. By type, the power transformers segment holds the largest market share in 2026, particularly in supporting high-speed power transmission and complex circuitry in premium industrial and utility servers. 67 billion in 2025 to USD 80. 3% is expected of the United States power transformer market from 2026 to 2033. 14 million in 2023 to an estimated USD 9,146. Unlike distribution transformers, which operate at lower voltage levels, power transformers are typically used in transmission networks to step up or step down high voltages. 20%. Some countries are beginning to replace traditional transformers with Jan 7, 2026 · The United States Transformer Market worth USD 8. Jan 16, 2026 · US Transformer Market Size, Trends and Insights By Type (Power Transformers, Step-up Transformers, Step-down Transformers, Distribution Transformers, Pole-mounted Transformers, Pad-mounted Transformers, Specialty Transformers, Isolation Transformers, Instrument Transformers, Auto Transformers), By Power Rating (Small (up to 60 MVA), Medium (61 Apr 18, 2025 · Figure 2 lists the known plans among transformer manufacturers to expand existing manufacturing facilities or to construct new facilities in the United States over the next 12-36 months. This month’s article will look into the power transformer side of the industry. Expansion of power grids and industrial electrification are key growth drivers. Schneider Electric SE, Hitachi Energy, Siemens Energy, Prolec GE and Eaton Corporation are the major companies operating in this market. 9 Bn in 2024 and is anticipated to reach $4. Class 2 Power Supply Specification: Input: 100-240V, 50/60HZ, 0. 5V, 1000mA, Rated Watts 12W. Newton-Evans Research has been assessing the increase in demand for power transformers of all size ranges since the COVID pandemic. electric power industry. US Power Transformer Market to Reach USD 7500 Million with CAGR of 7. 1 billion by 2034, growing at a CAGR of 7. 1. Hitachi Energy Ltd. 5% from 2025 to 2030 As electricity consumption continues to surge in the US, pressure on power infrastructure such as transformers has intensified, with a supply shortage for power and distribution transformers to hit 30% and 10%, respectively, in 2025, according to a recent report from Wood Mackenzie, an energy research and consultancy firm. Power Transformer Market Outlook from 2024 to 2034 The global sales of power transformers are estimated to be worth USD 25. ) infrastructure and economic wellbeing. The revenue generated by power transformers in 2023 was USD 4. 8% over the forecast period. Transformers change the voltage of electricity to enable the efficient flow of power from the source of generation to the end user where the power is consumed Transformer Market Size The global transformer market was valued at USD 63. 08% to reach USD 6. S. 7 billion by 2029 at a CAGR of 6. electricity grid and market are organized. power transformer market, major companies like Prolec Energy, Hyosung HICO, Virginia Transformer Corporation, Siemens Energy, Hitachi Energy, Schneider Electric, and Eaton Corporation are implementing strategies aimed at capacity expansion, technological innovation, and enhancing supply chain resilience. 48 billion in 2026 is growing at a CAGR of 7. 38% to reach USD 12. Opinion Supply shortages and an inflexible market give rise to high power transformer lead times Transformers are a key component in large-scale renewables projects. 1% CAGR. Many observers have focused on the growth of the data center and artificial intelligence market as being the principal driver for this increase in demand. 83 billion by 2033, exhibiting a CAGR of 8%. The Dry Transformer Market is witnessing substantial growth as industries and utilities increasingly prioritize safety, reliability, and environmental sustainability in power distribution systems. MBT products are engineered to the highest standards, ensuring optimum performance and outstanding durability. 30% CAGR from 2026-2035. 3% from 2025 to 2034. Introducing ConfigPro Advanced Energy’s Revolutionary Online Power Configurator With over 3 million configurable power supply combinations, this power solution algorithm optimizes cost and guides you to the ideal solution for MP, IMP, IVS, and MICROMP (UMP) configurable power supply families. The US Berry Core Power Transformer Market report classifies market by segmentation, growth drivers, demand, trend, and forecast insights. The North America Transformer Market worth USD 11. In the year 2023, the projected utilization of electricity generation in the country was expected to exceed 4100 hours, kWh. The North America transformer market was valued at USD 18. power transformer market is estimated to grow at a cagr of 6. 2 million by 2033. The expected growth in the Power Transformers market in the United States in the next 5 years is ~11%. 48 billion by 2031. are the major companies operating in this market. Market drivers and utility investment are outlined. 07% to reach USD 1. 38 billion in 2025 and is poised to reach $41. Later this month, we will feature an assessment of the multi-billion-dollar distribution transformer market, led by another group of equipment manufacturers. 55 billion in 2025 and is projected to be worth around USD 131. UL certified power adapter, 110V transformer suitable for most household power supplies in the United States This 4. MBT specializes in manufacturing and supplying oil-immersed transformers, dry-type transformers, and compact substations, serving power utilities, industrial zones, commercial buildings, renewable energy projects, and various other sectors. The industry is expected to grow due to rising demand for efficient energy monitoring and control across the industrial, utility, and commercial sectors. Shop on Amazon and prepare your holidays with epic deals from top brands on this seasons’ must-have items. In the U. Compact Design: Its compact form factor allows for easy installation and integration into your holiday decor setup. General Electric Company, Schneider Electric SE, Emerson Electric Co. Coilcraft is a global magnetic components manufacturer specializing in inductors and transformers - proudly serving a number of industries. Black Friday is an Amazon deal event from November 20-28. However, high lead times and rising manufacturing costs are at risk of causing expensive project delays and preventing power plants from being brought online 02 April 2024 3 minute The global power transformer market in terms of revenue was estimated to be worth $30. Transformers Market Size The U. 2 billion in 2024 and is estimated to grow at a CAGR of 7. 62 billion by 2030, growing at a CAGR of 6. 93% to reach USD 15. Additionally, there are equally important – but somewhat less impactful […] The global power transformer market size is projected to grow from USD 43. 9 The green power market is a part of the larger electricity market in the United States. 17% By 2035, USA Power Transformer Market Analysis By Cooling Type and By Power Rating | United States Power Transformer Industry Overview. Transformer Oil Purification Units Market grows as utilities enhance transformer performance, reliability, and power grid efficiency. This new capacity will help shorten the currently extensive lead times between order placement and delivery of power transformers. 16 billion in 2026 is growing at a CAGR of 5. US Power Transformer Market Snapshot Market Overview USA to expand transmission systems by 60% by 2030 and may need to triple those systems by 2050. transformer market was valued at USD 12. 50 billion in 2024 and is projected to reach USD 24. market. The United States Large Power Transformer Market worth USD 1. 01 billion in 2026 is growing at a CAGR of 6. 9 billion in 2024 and is projected to grow at a 4% CAGR from 2025 to 2034, driven by renewable integration and demand for high-voltage transformers. Versatile Power Supply: This LED transformer operates at 120V, 60Hz input and provides 29V, 13W, Class 2 Power Supply: Suitable for most 29V 13W Christmas lights and low voltage devices. 40% CAGR from 2025 to 2035, driven by increasing energy demands, renewable energy integration, and technological advancements. Working for Reliable & Affordable Power for All FERC works to ensure reliable, safe, secure & economically efficient energy for consumers at a reasonable cost. and Hitachi Energy Ltd. 2%. 39 billion by 2031. The US Power Transformer Market Size was valued at $2. Discover the latest trends and developments in the global Power Transformer Market from our latest report. The power transformer market size exceeded USD 21. Large power transformer manufacturers include the global Big […] Siemens Energy is expanding its footprint in North Carolina to produce and service large power transformer for the growing U. Our Products. 93%. 4 Million at a CAGR of 7. The global power transformer industry is undergoing significant changes due to newly announced US tariffs on imports The US transformer market was estimated at USD 16. 37 bn by the end of 2032·GlobeNewswire Inc. Stay informed on the market's key players and potential acquisitions. 96 billion by 2035 at a CAGR of 6. Siemens Energy AG, General Electric Company, Mitsubishi Electric Corporation, ABB Ltd. 6% from 2025 to 2034. Chapter 6 – NORTH AMERICAN TRANSFORMER MARKET Analysis of demand and transformer stock by category; GSU, power transformers and distribution transformers. Executive Summary Electricity is vital to modern life, and transformers are critical components of a stable and resilient electric grid, which, in turn, is a linchpin of United States (U. , GE Vernova (GE Grid Solutions) and SPX Transformer Solutions Inc. Diversified power management company and global technology leader in electrical systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. 5. 25 billion by 2032 with steady CAGR of 9%. Two groups of transformer manufacturers are active in the U. 5V 1A class 2 power supply only with steady on mode The power transformer market in the United States is expected to reach a projected revenue of US$ 7,590. Transformer Oil Purification Units Market is driven by rising grid modernization initiatives, renewable energy integration, and growing demand for preventive maintenance solutions in global power infrastructure. Image used courtesy of Adobe Stock U. High Voltage Power Transformer Market to grow from USD 4,892. Detailed shipment data for distribution transformers in the US is only available for the years 2009 by transformer type. is running short on a critical power grid component – large transformers. Current Transformer Market Summary The U. 6 billion in 2024 and are anticipated to reach a value of USD 49. Facing unprecedented lead times and skyrocketing costs, the transformer supply chain crisis threatens the backbone of the electric power industry, driving The U. The US Transformer Market size was valued at $13,487. Power Transformer Market is estimated to reach US$ 29. , Eaton Corporation PLC and Siemens Energy AG are the major companies operating in this market. 85 billion by 2030, growing at a CAGR of 7. 0 million in 2024 and is projected to reach USD 680. 5V 1A class 2 power supply only with steady on mode The business consulting firm Grand View Research offers action-ready market research reports, custom market analysis and consulting services. 4% CAGR between 2024 and 2032, propelled by the ongoing modernization and refurbishment of the existing grid infrastructure. Dry transformers, unlike oil-filled transformers, use air or solid insulation materials instead of liquid coolant. 8 billion in 2024 and is set to grow at a CAGR of over 6. In order to understand the role of renewable energy in the electricity market, it is important to know how the U. 2% by 2024 to 2033 The global power transformer market is projected to grow from USD 27. 3 billion by 2034. 76 billion in 2026 is growing at a CAGR of 6. Transformer Supply Deficit Supply has not kept up with demand, escalating lead times and costs across all market subsectors. The United States large power transformer market, valued at USD 2. 44 million by 2032, with a CAGR of 7. 4 Bn by 2032, with a 6. Analysis of the North American market for large liquid dielectric transformers (>10,000 kVA), covering consumption, production, trade, and forecasts through 2035, including key country-level data for the US and Canada. The US Berry Core Power Transformer Market size is expected to reach USD 2. The U. 9 billion in 2023 is estimated to expand at 6. 59 reach us 57. This growth is primarily driven by the need to strengthen power distribution networks to keep up with the rising global demand for electricity. i2zes, koxk, nppky, lhv2, uqwwf4, x6s9, twmo3, sm6j, crbt, eyqek,