Market Outlook
The North America distribution transformers market is anticipated to grow at a CAGR of 7.20% during the forecasting years. The digital transformation of utilities is expected to proliferate the market growth in the region. However, the operational inefficiencies is majorly declining the growth of the market in North America.
The distribution transformers market consists of three major segments such as insulation type, mounting and phase. The North America region distribution transformer market is classified into two major countries such as Canada and the United States. The factors contributing to the growth of the market in the region are development in the energy efficiency of transformers, demand for large power transformers and the growing adoption of smart grids.
Competitive Outlook
Top companies engaged in the market include Siemens AG, ABB Ltd., Lemi Trafo JSC, Kirloskar Electric Company Limited, Wilson Power Solutions, Hyosung Corporation, Celme SRL, Starkstrom Gerätebau GmbH, Schneider Electric, General Electric, Areva SA, Crompton Greaves Ltd., Hitachi Ltd., Eaton Corporation PLC, Emerson Electric Co., Hammond Power Solutions, Inc., Bowers Electrical Ltd., Brush Electrical Machines Ltd., and Ormazabal Velatia.
The North America distribution transformers market is anticipated to grow at a CAGR of 7.20% during the forecasting years. The digital transformation of utilities is expected to proliferate the market growth in the region. However, the operational inefficiencies is majorly declining the growth of the market in North America.
The distribution transformers market consists of three major segments such as insulation type, mounting and phase. The North America region distribution transformer market is classified into two major countries such as Canada and the United States. The factors contributing to the growth of the market in the region are development in the energy efficiency of transformers, demand for large power transformers and the growing adoption of smart grids.
Competitive Outlook
Top companies engaged in the market include Siemens AG, ABB Ltd., Lemi Trafo JSC, Kirloskar Electric Company Limited, Wilson Power Solutions, Hyosung Corporation, Celme SRL, Starkstrom Gerätebau GmbH, Schneider Electric, General Electric, Areva SA, Crompton Greaves Ltd., Hitachi Ltd., Eaton Corporation PLC, Emerson Electric Co., Hammond Power Solutions, Inc., Bowers Electrical Ltd., Brush Electrical Machines Ltd., and Ormazabal Velatia.
Table of Contents
1. Distribution Transformers Market - Summary
2. Industry Outlook
3. Distribution Transformers Industry Outlook - By Insulation Type
4. Distribution Transformers Industry Outlook - By Mounting
5. Distribution Transformers Industry Outlook - By Phase
6. Distribution Transformer Industry – North America
7. Competitive Landscape
8. Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Abb Ltd.
- Areva Sa
- Bowers Electrical Ltd.
- Brush Electrical Machines Ltd.
- Celme srl
- Crompton Greaves Ltd.
- Eaton Corporation plc
- Emerson Electric Co
- General Electric
- Hammond Power Solutions, Inc.
- Hitachi Ltd.
- Hyosung Corporation
- Kirloskar Electric Company Limited.
- Lemi Trafo Jsc
- Ormazabal Velatia
- Siemens AG
- Schneider Electric
- Starkstrom Gerätebau GmbH
- Wilson Power Solutions
Methodology
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