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United States Dry Type Transformer Market Size, Analysis: By Type: Power Transformer, Distribution Transformer; By Phase: Single-Phase, Three-Phase; By Voltage: Low, Medium, High; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
*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
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Dry Type Transformer Market Overview
8.1 Key Industry Highlights
8.2 North America Dry Type Transformer Historical Market (2018-2023)
8.3 North America Dry Type Transformer Market Forecast (2024-2032)
8.4 North America Dry Type Transformer Market Share by Country
8.4.1 United States
8.4.2 Canada
9 United States Dry Type Transformer Market Overview
9.1 Key Industry Highlights
9.2 United States Dry Type Transformer Historical Market (2018-2023)
9.3 United States Dry Type Transformer Market Forecast (2024-2032)
10 United States Dry Type Transformer Market by Type
10.1 Power Transformer
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Distribution Transformer
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 United States Dry Type Transformer Market by Phase
11.1 Single-Phase
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Three-Phase
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 United States Dry Type Transformer Market by Voltage
12.1 Low
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Medium
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 High
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 United States Dry Type Transformer Market by Region
13.1 New England
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Mideast
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Great Lakes
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Plains
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Southeast
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Southwest
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
13.7 Rocky Mountain
13.7.1 Historical Trend (2018-2023)
13.7.2 Forecast Trend (2024-2032)
13.8 Far West
13.8.1 Historical Trend (2018-2023)
13.8.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 ABB Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Schneider Electric SE
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Siemens AG
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 HD Hyundai Electric Co., Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Eaton Corporation Plc
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Emerson Electric Co.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Kirloskar Electric Co., Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Hammond Power Solutions Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 JST Power Equipment, Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 MGM Transformer Company
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Dry Type Transformer Market: Key Industry Highlights, 2018 and 2032
2. United States Dry Type Transformer Market: Key Industry Highlights, 2018 and 2032
3. United States Dry Type Transformer Historical Market: Breakup by Type (USD Billion), 2018-2023
4. United States Dry Type Transformer Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. United States Dry Type Transformer Historical Market: Breakup by Phase (USD Billion), 2018-2023
6. United States Dry Type Transformer Market Forecast: Breakup by Phase (USD Billion), 2024-2032
7. United States Dry Type Transformer Historical Market: Breakup by Voltage (USD Billion), 2018-2023
8. United States Dry Type Transformer Market Forecast: Breakup by Voltage (USD Billion), 2024-2032
9. United States Dry Type Transformer Historical Market: Breakup by Region (USD Billion), 2018-2023
10. United States Dry Type Transformer Market Forecast: Breakup by Region (USD Billion), 2024-2032
11. United States Dry Type Transformer Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 2.28 billion.
The market is projected to grow at a CAGR of 7.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 4.35 billion by 2032.
The major market drivers are rising industrialisation, the growing popularity of environmentally friendly transformers, and infrastructure development.
The key trends of the market include the growing usage of dry type transformers due to their safety efficient features, the rising deployment of enclosed and non-ventilated dry type transformers in harsh environments, and increased integration of smart sensors in dry type transformers.
The major regions in the market are New England, the Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
Different types of transformers are power transformer and distribution transformer.
The key players in the market are ABB Ltd., Schneider Electric SE, Siemens AG, HD Hyundai Electric Co., Ltd., Eaton Corporation Plc, Emerson Electric Co., Kirloskar Electric Co., Ltd., Hammond Power Solutions Inc., JST Power Equipment, Inc., and MGM Transformer Company, among others.
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