The USA Power Transformer Market is driven by factors such as power generation especially renewable energy additions, bipartisan infrastructure bill and replacements. These three factors are predicted to instigate the demand for legacy grid equipment including...
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National Security Concerns Pushing for the Localization of the U.S. Power Transformer Market
• Power transformers are a critical and the most vulnerable component in an electricity grid, especially with the ongoing digitalization of the grid infrastructure and ever-evolving cyber security threats.• The US lacks the production capacity to meet the demand for...
CIGRE Conference Impressions – 2022
The CIGRE Paris session, which ended just four weeks ago, was a mix of optimism and anxiety. The conference was attended by more than 9,000 attendees from 120 counties, out of which 35% were from the electrical utilities and 25% from the manufacturing sector. In past...
Key Drivers Instigating Distribution Transformer Demand in the Middle East
The Middle East Distribution Transformer Market is driven by factors such as renewable energy additions, infrastructure development and network expansion. These three factors are predicted to instigate the demand for legacy grid equipment including distribution...
Bridging of the Supply-Demand Gap for Large Power Transformers in the U.S. to Take Time
• The North American transformer market is dominated by large multinationals that offer an extensive range of products and benefit from the economies of scale.• Over the years, local manufacturers of large power transformers have been unable to meet the domestic...
Revitalizing the Grid: The North American Distribution Transformer Market’s Push for Upgrades and Replacements
• The installed base of distribution transformers in North America is one of the oldest in the world; the market is largely driven by replacements.• In terms of units, the North American distribution transformer market accounts for more than 30% of the installed base...
Energy Transition and Replacements Driving the U.S. Transformer Market
This infographic examines the distribution transformer market in USA, specifically the the two main drivers; energy transition and replacements. Within energy transition, renewable energy additions are studied to analyze the impact on the distribution transformer...
Scope for Suppliers to Set Up Local Power Transformer Production Facilities in Saudi Arabia
• Under Vision 2030, the sectors targeted for development include power generation, petrochemicals, tourism, hospitability, and infrastructure; these will be generating demand for power transformers in the upcoming years.• Due to limited local manufacturing capacity,...
Impact of the Russia-Ukraine Crisis on Energy Markets
The global spotlight is on the Russia-Ukraine crisis, which has been responsible for wreaking havoc on international fossil fuel markets. Western powers responded to the crisis by proposing a number of sanctions on Russia, including ones on its fossil fuel exports....
The U.S. Distribution Transformer Market: A Replacement and Expansion Story
• The global distribution transformer market experienced a dip of approximately 7.6% year on year in terms of revenue in 2020.• According to Power Technology Research, distribution transformers in excess of 1 million are sold in the U.S. every year.• The U.S. is the...
Powering Egypt’s Future: The Impact of Renewable Energy on the Distribution Transformer Market
• Distribution transformers carry out the final transformation of voltage in the electric power distribution system.• Egypt’s transformer market is expected to grow with a CAGR of 5% in the next five years.• The dry type distribution transformer market of Egypt will...
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