Home > Energy & Power > Electrical Equipment > Transformers > Pole Mounted Transformer Market

Pole Mounted Transformer Market Trends

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

Download Free Sample

Pole Mounted Transformer Market Trends

As urbanization accelerates, there is a need for localized power distribution systems that can manage fluctuating demand in expanding metropolitan and suburban areas. Pole-mounted transformers are increasingly deployed to support residential and light commercial applications, offering flexibility, scalability, and relatively low installation costs compared to ground-mounted transformers. These transformers are well-suited to urban expansions and ensure reliable power distribution while reducing the impact on land use. With the increased occurrence of severe weather events and growing demand for a resilient power grid, utilities are investing in durable, weather-resistant pole-mounted transformers equipped with smart monitoring capabilities.

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.