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The market is expected to grow significantly in the coming years due to increasing electricity demand, investments in renewable energy, and the need to modernise ageing infrastructure. As per industry reports, USD 12 trillion is expected to be spent on renewables and grid infrastructure in the U.S. and Canada by 2050 due to the declining cost of renewable energy and policies like the Inflation Reduction Act. Such investments can lead to North America low voltage general purpose transformer market development.
Moreover, low voltage general purpose transformers are beneficial since they reduce the risks of electrical shocks as well as short circuits. In both residential and commercial buildings, they help maintain safe electrical settings. Low voltage general purpose transformers ensure fire safety for a variety of end-users, including multi-story buildings, steel mills, tunnels under city streets, hospitals, schools, and the chemical industry.
North America Low Voltage General Purpose Transformer Market Size
North America Low Voltage General Purpose Transformer Market Growth
North America Low Voltage General Purpose Transformer Market Trends
North America Low Voltage General Purpose Transformer Market Share
North America Low Voltage General Purpose Transformer Companies
North America Low Voltage General Purpose Transformer Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
5.5.1 EV Integration
5.5.2 Indoor Application
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Low Voltage General Purpose Transformer Market Analysis
8.1 Key Industry Highlights
8.2 North America Low Voltage General Purpose Transformer Historical Market (2018-2023)
8.3 North America Low Voltage General Purpose Transformer Market Forecast (2024-2032)
8.4 North America Low Voltage General Purpose Transformer Market by Phase
8.4.1 Single Phase
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Three Phase
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 North America Low Voltage General Purpose Transformer Market by Motor Attachment Position
8.5.1 Parallel Left
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Parallel Right
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Parallel Top
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Parallel Bottom
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 North America Low Voltage General Purpose Transformer Market by Power Rating
8.6.1 Up to 0.5 kVA
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 0.75 kVA to 3 kVA
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 5 kVA to 10 kVA
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Above 10 kVA
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.7 North America Low Voltage General Purpose Transformer Market by Country
8.7.1 United States of America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Canada
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Mexico
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
10 Country-Wise Pricing Analysis, 2021 and 2022
10.1 By Rating
10.2 By Phase
11 North America Low Voltage General Purpose Transformer Supply Outlook, 2024-2032
11.1 Electric Vehicle
11.2 Landscape Lighting
11.3 Indoor Lighting
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Schneider Electric SE
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Emerson Electric Co
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Micron Industries
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Gross Automation
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Mouser Electronics, Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Key Trends and Developments in the Market
List of Figures and Tables
1. North America Low Voltage General Purpose Transformer Market: Key Industry Highlights, 2018 and 2032
2. North America Low Voltage General Purpose Transformer Historical Market: Breakup by Phase (USD Million), 2018-2023
3. North America Low Voltage General Purpose Transformer Market Forecast: Breakup by Phase (USD Million), 2024-2032
4. North America Low Voltage General Purpose Transformer Historical Market: Breakup by Motor Attachment Position (USD Million), 2018-2023
5. North America Low Voltage General Purpose Transformer Market Forecast: Breakup by Motor Attachment Position (USD Million), 2024-2032
6. North America Low Voltage General Purpose Transformer Historical Market: Breakup by Power Rating (USD Million), 2018-2023
7. North America Low Voltage General Purpose Transformer Market Forecast: Breakup by Power Rating (USD Million), 2024-2032
8. North America Low Voltage General Purpose Transformer Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Low Voltage General Purpose Transformer Market Forecast: Breakup by Country (USD Million), 2024-2032
10. North America Low Voltage General Purpose Transformer Market Structure
The North America market for low voltage general purpose transformers market value is projected to grow at a CAGR of 5.80% between 2024 and 2032.
The major drivers of the market include excellent thermal properties, rising demand for low voltage electricity, expanding electricity production, distribution, and transmission facilities, and rapid industrialisation.
The safety provided by low voltage general purpose transformers, their growing use in several end-user markets, rising consciousness of electricity consumption, and increasing number of construction projects, are the key trends propelling market’s growth.
Based on phase, the market is segmented into single phase and three phase.
The market is divided based on motor attachment position into parallel left, parallel right, parallel top, and parallel bottom, among others.
Based on power rating, the market is segmented into up to 0.5 kVA, 0.75 kVA to 3 kVA, 5 kVA to 10 kVA, and above 10 kVA.
Countries considered in the market report are the United States, Canada, and Mexico.
Key players in the market are Schneider Electric SE, Emerson Electric Co, Micron Industries, Gross Automation, and Mouser Electronics, Inc., among others.
Kilovolt-amperes, or 1,000 volt-amperes, are represented by the kVA unit. A transformer with a rating of 1.0 kVA can handle 100 volts at 10 amps of current and is equivalent to a transformer with a value of 1,000 VA.
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