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U.S. Dry Type Transformer Market Share

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

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U.S. Dry Type Transformer Market Share

U.S. Dry Type Transformer Company Market Share Analysis, 2024

ABB is a leading player in the U.S. dry-type transformer industry, offering a wide range of electrical equipment, including both standard and customized solutions. With a strong presence in the electrical sector, ABB consistently provides specialized bushing solutions designed to meet the varying needs of different applications.

U.S. Dry Type Transformer Market Companies

Some of the major key players operating across the U.S. dry type transformer industry are:

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
WEG

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.