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U.S. Dry Type Transformer Market Analysis

  • Report ID: GMI6638
  • Published Date: Nov 2024
  • Report Format: PDF

U.S. Dry Type Transformer Market Analysis

The industrial segment expected to grow at a CAGR of more than 6.6% through 2034. As industry 4.0 advances and industrial automation grows, the need for reliable power distribution systems increases. Dry-type transformers are becoming more common in automated plants, delivering stable power to sensitive equipment like robots and sensors. Their low upkeep needs, and dependability make them ideal for these demanding settings. The rise of renewable energy in industry is boosting dry-type transformer use. These transformers handle the varying power loads from solar, wind, and biomass systems well. Industries adopting renewable energy find dry-type transformers reliable and easier to maintain.
 

U.S. Dry Type Transformer Market Size, By Core, 2022-2034 (USD Billion)

U.S. dry type transformer market is projected to surpass USD 1.9 billion by 2034. Closed-core dry-type transformers excel in tight spaces due to their compact design and efficiency. Their growing use in urban and commercial settings like high-rises, data centers, and industrial sites stems from their small size and effective heat management. These features make them ideal for challenging environments with limited space. Closed-core dry-type transformers are gaining popularity due to their energy-efficient design. These transformers use advanced insulation materials like epoxy resin, reducing energy losses and boosting efficiency. Stricter energy rules and the push for greener electrical systems are driving this trend.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The U.S. market for dry type transformer was reached USD 2.2 billion in 2024 and is expected to grow at a 7.8% CAGR from 2025 to 2034, driven by the increasing demand for energy-efficient and eco-friendly transformers.

The U.S. dry type transformer market is projected to reach USD 4.8 billion by 2034, fueled by the refurbishment demand for existing grid infrastructure and rising infrastructural spending.

The industrial segment is expected to grow at a CAGR of more than 6.6% through 2034, led by the advancements in Industry 4.0 and the increasing need for reliable power distribution systems in automated plants.

Key players in the U.S. dry type transformer industry include ABB, CG Power and Industrial Solutions, Eaton, Fuji Electric, General Electric, Hitachi Energy, Instrument Transformer Equipment Corporation, Raychem RPG, Schneider Electric, Siemens Energy, Toshiba Energy Systems and Solutions, and WEG.

U.S. Dry Type Transformer Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 12
  • Tables & Figures: 20
  • Countries covered: 1
  • Pages: 80
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