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North America Dry Type Transformer Market 2021-2028

  • ID: 5350743
  • Report
  • June 2021
  • Region: North America
  • 167 pages
  • Triton Market Research

FEATURED COMPANIES

  • ABB Ltd
  • Eaton Corporation plc
  • General Electric Company
  • Hitachi Ltd
  • Kirloskar Electric Co Ltd
  • Schneider Electric
  • MORE
MARKET OUTLOOK

According to the publisher, the North America dry type transformer market is calculated to garner a CAGR of 7.09% in the years 2021-2028. The United States and Canada together form the market in this region.

Earlier, the Canadian government announced its plans to generate electricity from renewable sources for application in buildings by 2025. This target was put forward to achieve the aim of reducing greenhouse gas emissions significantly across the nation. Additionally, the government introduced a new policy stating that businesses adopting renewable energy were eligible for a total tax write-off for the fiscal year in which the renewable energy system was commissioned. This rise is anticipated to supplement the investments in the T&D infrastructure development, enhancing the demand for dry type transformers. Hence, as stated above, these factors are likely to offer multiple new opportunities to the dry type transformer market.

Similarly, several utilities invest a considerable amount in replacing, upgrading, and expanding their new and existing transmission infrastructure in the United States. These activities are primarily motivated by the need to enhance the capacity and reliability of the distribution network. Such investments are anticipated to be among the key driving factors for the dry type transformer market.

Moreover, under the demand response program, the number of consumers increased, leading to a surge in the actual peak demand. This rise is likely to enhance the installation of smart grids, which is essential for demand-response systems. This will increase the demand for dry type transformers in smart grids, thereby supplementing the dry type transformer market’s development in the US.

COMPETITIVE OUTLOOK

Some of the enterprises profiled in the dry type transformer market report include Bharat Heavy Electricals Ltd, Kirloskar Electric Co Ltd, Weg Group, Hammond Power Solutions Inc, Fuji Electric Co Ltd, Hanley Energy GCC, Schneider Electric, Eaton Corporation Plc, and Hyundai Heavy Industries Co Ltd.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB Ltd
  • Eaton Corporation plc
  • General Electric Company
  • Hitachi Ltd
  • Kirloskar Electric Co Ltd
  • Schneider Electric
  • MORE
1. North America Dry Type Transformer Market - Summary

2. Industry Outlook
2.1. Key Insights
2.1.1. Increasing Popularity of Bio-Based and Naphthenic Transformer Oil
2.1.2. Deterioration of Transformer Oil Due to Moisture Ingress
2.2. Impact of COVID-19 on Dry Type Transformer Market
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Matrix
2.5. Regulatory Policies & Framework
2.6. Vendor Scorecard
2.7. Key Market Strategies
2.7.1. Contracts & Partnerships
2.7.2. Acquisitions & Mergers
2.7.3. New Product Launches
2.8. Market Drivers
2.8.1. Surge in Domestic Demand for Power
2.8.2. Growth in Renewable Energy Use
2.8.3. Increasing Adoption of Smart Grid and Growing Smart Distribution Networks
2.9. Market Challenges
2.9.1. Adoption of Solid-State Transformers
2.9.2. Limitations of Dry Type Transformers
2.10. Market Opportunities
2.10.1. 3D Core Dry Type Transformer Applications
2.10.2. Development of Digital Dry Transformers

3. North America Dry Type Transformer Market - by Type
3.1. Dry Type Converter Transformer
3.2. Dry Type Rectifier Transformer

4. North America Dry Type Transformer Market - by Technology
4.1. Cast Resin
4.2. Vacuum Pressure Impregnated

5. North America Dry Type Transformer Market - by Phase
5.1. Single-Phase
5.2. Three-Phase

6. North America Dry Type Transformer Market - by Voltage
6.1. Low-Voltage
6.2. Medium-Voltage

7. North America Dry Type Transformer Market - by End-User
7.1. Industrial
7.1.1. Marine
7.1.2. Chemical
7.1.3. Oil and Gas
7.1.4. Renewable Energy Generation
7.1.5. Railway
7.1.6. Others
7.2. Commercial
7.3. Others

8. North America Dry Type Transformer Market – Regional Outlook
8.1. Country Analysis
8.1.1. United States
8.1.2. Canada

9. Competitive Landscape
9.1. Abb Ltd
9.2. Bharat Heavy Electricals Ltd
9.3. Crompton Greaves Limited
9.4. Eaton Corporation plc
9.5. Fuji Electric Co Ltd
9.6. General Electric Company
9.7. Hammond Power Solutions Inc
9.8. Hanley Energy Gcc
9.9. Hitachi Ltd
9.10. Hyosung Heavy Industries
9.11. Hyundai Heavy Industries Co Ltd
9.12. Kirloskar Electric Co Ltd
9.13. Power Sp Z O O
9.14. Schneider Electric
9.15. Siemens AG
9.16. Tbea Co Ltd
9.17. Voltamp Transformers Ltd
9.18. Weg Group

10. Methodology & Scope
10.1. Research Scope & Deliverables
10.2. Sources of Data
10.3. Research Methodology

List of Tables
Table 1: North America Dry Type Transformer Market, by Country Outlook, 2021-2028 (In $ Million)
Table 2: Market Attractiveness Matrix
Table 3: Vendor Scorecard
Table 4: List of Contracts & Partnerships
Table 5: List of Acquisitions & Mergers
Table 6: List of New Product Launches
Table 7: North America Dry Type Transformer Market, by Type, 2021-2028 (In $ Million)
Table 8: North America Dry Type Transformer Market, by Technology, 2021-2028 (In $ Million)
Table 9: North America Dry Type Transformer Market, by Phase, 2021-2028 (In $ Million)
Table 10: North America Dry Type Transformer Market, by Voltage, 2021-2028 (In $ Million)
Table 11: North America Dry Type Transformer Market, by End-User, 2021-2028 (In $ Million)
Table 12: North America Dry Type Transformer Market, by Industrial, 2021-2028 (In $ Million)
Table 13: North America Dry Type Transformer Market, by Country Outlook, 2021-2028 (In $ Million)

List of Figures
Figure 1: Porter's Five Forces Analysis
Figure 2: North America Dry Type Transformer Market, by Type, 2020 & 2028 (In %)
Figure 3: North America Dry Type Transformer Market, by Dry Type Converter Transformer, 2021-2028 (In $ Million)
Figure 4: North America Dry Type Transformer Market, by Dry Type Rectifier Transformer, 2021-2028 (In $ Million)
Figure 5: North America Dry Type Transformer Market, by Technology, 2020 & 2028 (In %)
Figure 6: North America Dry Type Transformer Market, by Cast Resin, 2021-2028 (In $ Million)
Figure 7: North America Dry Type Transformer Market, by Vacuum Pressure Impregnated, 2021-2028 (In $ Million)
Figure 8: North America Dry Type Transformer Market, by Phase, 2020 & 2028 (In %)
Figure 9: North America Dry Type Transformer Market, by Single-Phase, 2021-2028 (In $ Million)
Figure 10: North America Dry Type Transformer Market, by Three-Phase, 2021-2028 (In $ Million)
Figure 11: North America Dry Type Transformer Market, by Voltage, 2020 & 2028 (In %)
Figure 12: North America Dry Type Transformer Market, by Low-Voltage, 2021-2028 (In $ Million)
Figure 13: North America Dry Type Transformer Market, by Medium-Voltage, 2021-2028 (In $ Million)
Figure 14: North America Dry Type Transformer Market, by End-User, 2020 & 2028 (In %)
Figure 15: North America Dry Type Transformer Market, by Industrial, 2021-2028 (In $ Million)
Figure 16: North America Dry Type Transformer Market, by Marine, 2021-2028 (In $ Million)
Figure 17: North America Dry Type Transformer Market, by Chemical, 2021-2028 (In $ Million)
Figure 18: North America Dry Type Transformer Market, by Oil and Gas, 2021-2028 (In $ Million)
Figure 19: North America Dry Type Transformer Market, by Renewable Energy Generation, 2021-2028 (In $ Million)
Figure 20: North America Dry Type Transformer Market, by Railway, 2021-2028 (In $ Million)
Figure 21: North America Dry Type Transformer Market, by Others, 2021-2028 (In $ Million)
Figure 22: North America Dry Type Transformer Market, by Commercial, 2021-2028 (In $ Million)
Figure 23: North America Dry Type Transformer Market, by Others, 2021-2028 (In $ Million)
Figure 24: North America Dry Type Transformer Market, Regional Outlook, 2020 & 2028 (In %)
Figure 25: United States Dry Type Transformer Market 2021-2028 (In $ Million)
Figure 26: Canada Dry Type Transformer Market 2021-2028 (In $ Million)
Note: Product cover images may vary from those shown
  • ABB Ltd
  • Bharat Heavy Electricals Ltd
  • Crompton Greaves Limited
  • Eaton Corporation plc
  • Fuji Electric Co Ltd
  • General Electric Company
  • Hammond Power Solutions Inc
  • Hanley Energy Gcc
  • Hitachi Ltd
  • Hyosung Heavy Industries
  • Hyundai Heavy Industries Co Ltd
  • Kirloskar Electric Co Ltd
  • Power Sp Z O O
  • Schneider Electric
  • Siemens AG
  • TBEA Co Ltd
  • Voltamp Transformers Ltd
  • Weg Group
Note: Product cover images may vary from those shown

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