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.
United States is replacement driven market. The expected growth in the Power Transformers market in the United States in the next 5 years is ~11%.
The approx. voltage Split of the US Power Transformer Market is as follows
Voltage Segmentation (2023)
Overall, the United States Contributed to 85% of the Total North American Regional Demand
Growth Drivers and Bottlenecks
IRA & IIJA spurred the growth of power transformers market in USA
- Replacement driven by aging infrastructure
- Grid Resilience Programs funded by IIJA
- Renewables growth aided by IRA
- Increasing electricity demand and consumption
- High Cost and Longer lead times
- Scarce Domestic Production
- Longer interconnection Queues
- Supply Chain Disruptions
Power Transformer Service Overview
The research presented in this article is from PTR's Power Transformer market research. For information about this service please submit a request shown below.
Europe: +49-89-12250950
Americas: +1 408-604-0522
Japan: +81-80-7808-1378
GCC/Rest of APAC: +971-58-1602441
More About our: Power Transformers Market Research
Recent Insights
Foreign electrical equipment suppliers in hot water as USA issues an executive order
Equipment suppliers cannot be sure about their market positioning.
Eying the Top Spot: Asians suitors for ABB Power Grids Business?
All three potential buyers themselves have an existing portfolio…of power products targeting the T&D market.
CIGRE 2018 – Conference Impression
A take on the state of O&M, HVDC and Cybersecurity at the conference.
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.