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Pole Mounted Transformer Market Size

  • Report ID: GMI5763
  • Published Date: Nov 2024
  • Report Format: PDF

Pole Mounted Transformer Market Size

The global pole mounted transformer market was valued at USD 19.3 billion in 2024 and is set to witness a CAGR of 6.2% from 2025 to 2034. The market is seeing a clear shift towards environmentally friendly, dry-type transformers. Unlike traditional oil-immersed transformers, dry-type transformers reduce the risk of environmental hazards such as oil leaks, fires, and pollutant emissions. These models use air or other non-oil-based coolants, making them safer for use in densely populated urban areas, forested regions, and places with stringent environmental standards.

 

Rural and remote areas, particularly in developing regions, are experiencing growth in electrification efforts, which is driving demand for pole-mounted transformers. These transformers are suitable for hard-to-access areas because they can be mounted directly on poles, eliminating the need for large, land-based transformer stations. In places like Sub-Saharan Africa and Southeast Asia, government programs and international funding are supporting rural electrification, making pole-mounted transformers critical for extending grid access to previously underserved populations. In developed regions like North America, aging infrastructure replacement in rural and suburban areas is also fueling market growth.
 

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The global market for pole-mounted transformer was reached USD 19.3 billion in 2024 and is projected to grow at a 6.2% CAGR through 2034, driven by the shift towards environmentally friendly, dry-type transformers.

The oil-immersed transformer segment is expected to surpass USD 22.6 billion by 2034, led by their cost-effectiveness and increasing deployment in rural areas of developing regions.

The industrial segment is anticipated to grow at a CAGR exceeding 4.8% through 2034, influenced by the push towards environmental sustainability and the adoption of eco-friendly transformer solutions.

The U.S. market for pole-mounted transformers is projected to reach USD 5.2 billion by 2034, propelled by the increasing demand for reliable electricity in rural and suburban areas.

Key players in the pole-mounted transformer industry include ABB, Eaton, Ermco, GE, Hitachi Energy, Jiangshan Scotech, Schneider Electric, SGB Smit, Shihlin Electric, Siemens Energy, Southwest Electric, Takaoka Toko, Vantran, Weg, and Wilson.

Pole Mounted Transformer Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 15
  • Tables & Figures: 45
  • Countries covered: 21
  • Pages: 120
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