KEY FINDINGS
The distribution transformer market of North America is anticipated to record a CAGR of 7.51% during the projected years, 2020-2028. One of the significant reasons boosting the market growth in the region is the increasing consumption of electricity and smart grid initiatives taken by the United States and Canada.
MARKET FINDINGS
In order to survey the growth of the North America distribution transformer market further, the region is divided into the United States. In Canada, there is a great opportunity for distribution transformers. One of the major opportunities for the market is power generation through renewable energy sources. Canada depends largely on hydropower for power generation, which accounts for 63.5% of electricity generation in the country. The electric sector of Canada has an installed generating capacity of 134GW, and is expected to reach 170 GW by 2035, according to the export statistic of the government. The wind is the second-largest source of electricity generation in the country. It is anticipated that there will be a considerable investment in the power generation sector by 2030, and 80% of power generation facilities will be upgraded in the coming years. Canada is a developed nation, where the economy, health and safety, and national security depend on the effective distribution of electricity. The Smart Grid organization in Canada has taken initiatives to meet the growing electricity demand and modernize the old grid system by making it more efficient, smarter, and competent to match the developing technology. For example, a smart grid organization in Ontario is continuously funding smart grid projects and promoting smart grid technology. In order to prevent accidents caused by electric malfunctions, the Canadian electricity association has made certain safety guidelines.
COMPETITIVE INSIGHTS
General Electric Company, Emerson Electric company, Eaton Corporation Inc, Hammond Power Solutions Inc, ABB Ltd, etc. are some of the renowned companies operating in the market.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
North America Distribution Transformer Market Forecast 2020-2028
Table of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Key Drivers
3.2.1. Smart Grid Electrifying The Market
3.2.2. Increasing Focus On Green Energy
3.2.3. Advancement In Transformer Industry
3.2.4. Rebuilding And Modernization Of Aging Power Infrastructure
3.3. Key Restraints
3.3.1. Standardization Of Equipment
3.3.2. Stress Causing Failures
3.3.3. Operational Inefficiencies Leading To Delays And Suspensions
3.3.4. Volatile Prices Of Raw Materials
4. Key Analytics
4.1. Porter's Five Force Analysis
4.1.1. Threat Of New Entrants
4.1.2. Bargaining Power Of Buyers
4.1.3. Bargaining Power Of Suppliers
4.1.4. Threat Of Substitute Products
4.1.5. Competitive Rivalry Between Existing Players
4.2. Key Buying Criteria
4.2.1. Application
4.2.2. Efficiency
4.2.3. Reliability
4.2.4. Superior Technology
4.3. Value Chain Analysis
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Key Investment Insights
5. Market By Insulation Type
5.1. Oil Filled
5.2. Dry Type
6. Market By Mounting Type
6.1. Pad Mounted
6.2. Pole Mounted
6.3. Underground Vault
7. Market By Phase
7.1. Single Phase
7.2. Three Phases
8. Geographical Analysis
8.1. North America
8.1.1. The United States
8.1.2. Canada
9. Company Profiles
9.1. Abb Ltd
9.2. Cg Power And Industrial Solutions Limited (Crompton Greaves Ltd.)
9.3. Eaton Corporation Plc
9.4. General Electric
9.5. Siemens Ag
9.6. Schneider Electric
9.7. Sgb-Smit Group (Starkstrom Geratebau Gmbh)
9.8. Wilson Power Solutions
9.9. Lemi Trafo Jsc
9.10. Hyosung Corporation
9.11. Brush Electrical Machines Ltd
9.12. Hammond Power Solutions Inc
9.13. Kirloskar Electric Company Ltd
9.14. Emerson Electric Corporation
9.15. Bowers Electrical Ltd
9.16. Celme Srl
9.17. Areva Sa
9.18. Hitachi Ltd
9.19. Ormazabal Velatia
List of Tables
Table 1: Market Snapshot - Distribution Transformer
Table 2: Causes Of Failures In Distribution Transformer
Table 3: North America Distribution Transformer Market, By Insulation Type, Historical Years, 2016-2019 (In $ Million)
Table 4: North America Distribution Transformer Market, By Insulation Type, Forecast Years, 2020-2028 (In $ Million)
Table 5: North America Oil Filled Market, Historical Years, 2016-2019 (In $ Million)
Table 6: North America Oil Filled Market, Forecast Years, 2020-2028 (In $ Million)
Table 7: North America Dry Type Market, Historical Years, 2016-2019 (In $ Million)
Table 8: North America Dry Type Market, Forecast Years, 2020-2028 (In $ Million)
Table 9: North America Distribution Transformer Market, By Mounting Type, Historical Years, 2016-2019 (In $ Million)
Table 10: North America Distribution Transformer Market, By Mounting Type, Forecast Years, 2020-2028 (In $ Million)
Table 11: North America Pad Mounted Market, Historical Years, 2016-2019 (In $ Million)
Table 12: North America Pad Mounted Market, Forecast Years, 2020-2028 (In $ Million)
Table 13: North America Pole Mounted Market, Historical Years, 2016-2019 (In $ Million)
Table 14: North America Pole Mounted Market, Forecast Years, 2020-2028 (In $ Million)
Table 15: North America Underground Vault Market, Historical Years, 2016-2019 (In $ Million)
Table 16: North America Underground Vault Market, Forecast Years, 2020-2028 (In $ Million)
Table 17: North America Distribution Transformer Market, By Phase, Historical Years, 2016-2019 (In $ Million)
Table 18: North America Distribution Transformer Market, By Phase, Forecast Years, 2020-2028 (In $ Million)
Table 19: North America Single Phase Market, Historical Years, 2016-2019 (In $ Million)
Table 20: North America Single Phase Market, Forecast Years, 2020-2028 (In $ Million)
Table 21: North America Three Phase Market, Historical Years, 2016-2019 (In $ Million)
Table 22: North America Three Phase Market, Forecast Years, 2020-2028 (In $ Million)
Table 23: North America Distribution Transformer Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 24: North America Distribution Transformer Market, By Country, Forecast Years, 2020-2028 (In $ Million)
List of Figures
Figure 1: Reasons For Failure In Distribution Transformers
Figure 2: Porter's Five Force Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Key Investment Insights
Figure 6: North America Distribution Transformer Market, By Insulation Type, In 2019
Figure 7: North America Distribution Transformer Market, By Oil Filled, 2020-2028 (In $ Million)
Figure 8: North America Distribution Transformer Market, By Dry Type, 2020-2028 (In $ Million)
Figure 9: North America Distribution Transformer Market, By Mounting Type, In 2019
Figure 10: North America Distribution Transformer Market, By Pad Mounted, 2020-2028 (In $ Million)
Figure 11: North America Distribution Transformer Market, By Pole Mounted, 2020-2028 (In $ Million)
Figure 12: North America Distribution Transformer Market, By Underground Vault, 2020-2028 (In $ Million)
Figure 13: North America Distribution Transformer Market, By Phase, In 2019
Figure 14: North America Distribution Transformer Market, By Single Phase, 2020-2028 (In $ Million)
Figure 15: North America Distribution Transformer Market, By Three Phases, 2020-2028 (In $ Million)
Figure 16: North America Distribution Transformer Market, Country Outlook, 2019 & 2028 (In %)
Figure 17: The United States Distribution Transformer Market, 2020-2028 (In $ Million)
Figure 18: Canada Distribution Transformer Market, 2020-2028 (In $ Million)
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