U.S. Oil Filled Distribution Transformer Market size is estimated to show notable CAGR between 2021 and 2027, according to a latest forecast report by Graphical Research.
U.S. industry growth is owing to the refurbishment of the existing electricity grid infrastructure and rising energy demand. Increasing infrastructural investments across industrial & commercial establishments along with rising integration of renewable energy technologies will fuel the product demand. Furthermore, positive outlook toward the installation of smart technologies to offer robust, reliable and affordable electricity supply will boost the industry landscape.
The shell segment is anticipated to witness remarkable growth from 2021 to 2027 due to increasing investments toward utility-based establishments to fulfill the increasing electricity demand. These transformers offers key benefits including better kVA-to-weight ratio, higher short-circuit strength and resistance to transit damage, accelerating the product adoption. In addition, economical cost structure and enhanced efficiencies in comparison to its existing counterparts will foster the industry dynamic.
The pad-mounted segment is projected to extend healthy growth through 2027 on account of flourishing commercial sector along with growing R&D activities across the energy sector. The product provides various advantages including enhanced safety, low installation cost, and improved aesthetics, stimulating the industry potential. The extensive scale utilization of these units across small businesses, medium voltage distribution systems, and residential spaces will strengthen the industry outlook.
Browse detailed statistical insights from the report, “U.S. Oil Filled Distribution Transformer Market Forecast 2027 By Phase (Three, Single), By Core (Closed, Shell, Berry), By Winding (Two Winding, Auto Transformer), By Rating (≤ 250 kVA, > 250 kVA to ≤ 1 MVA, > 1 MVA), By Mounting (Pad, Pole), By Application (Residential & Commercial, Utility, Industrial), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
> 1 MVA segment will gain an outstanding momentum till 2027 attributed to the integration of renewable energy establishments and ongoing expansion of distributed networks. These units are widely deployed to deliver voltage at consumer terminals by public and private organizations, further propelling the business outlook. In addition, the continuous expansion of MV (medium voltage) distributed energy networks across the region to deliver efficient power supply across the nation will complement the business landscape.
The rising applicability of transformers at varying voltage conditions along with renewable energy transformation projects will favor the industry dynamics. The upgrading of power networks together with a positive outlook to access energy from clean generation installations to reduce the conventional generation sources dependency, will influence the product deployment. Moreover, Impact of COVID- 19 on the industry witnessed a minimal impact owing to ongoing government efforts to deploy renewable powered projects and rising investments toward the development of healthcare sector.
The oil filled distribution transformer in U.S. market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
U.S. Market, By Core
U.S. Market, By Winding
- Two Winding
- Auto Transformer
U.S. Market, By Phase
U.S. Market, By Rating
- ≤ 250 kVA
- > 250 kVA to ≤ 1 MVA
- > 1 MVA
U.S. Market, By Mounting
U.S. Market, By Application
- Residential & Commercial
The above information has been provided for the following countries: