U.S. Dry Type Transformer Market Size - By Winding, Application, Core, Technology, Insulation, MVA Rating, Mounting & Forecast, 2023

Description

List of Tables

U.S. Dry Type Transformer Market will witness 8.1% CAGR between 2023 and 2032. The increasing demand in the market is due to a surge in acquisitions and deals among industry leaders. For instance, in April 2023, Eaton, a U.S. power management company, finalized the purchase of a substantial 49 percent ownership stake in Jiangsu Ryan Electrical Co. Ltd., a Chinese firm specializing in power distribution and sub-transmission transformers. Jiangsu Ryan primarily specializes in dry-type transformers. The collaboration between Ryan's top-notch product offerings and Eaton's extensive global distribution network positions them to provide enhanced service to clients across the Asia Pacific region and globally.

These strategic partnerships facilitate the exchange of technology and market expansion, leading to enhanced product offerings and innovation. The resulting dry type transformer market growth is driven by the pursuit of advanced solutions and the broadening of industry reach, reinforcing the U.S. position as a key player.

The overall U.S. Dry Type Transformer Market is classified based on winding, applications, and technology.

Two-winding segment will undergo significant development from 2023 to 2032. These transformers are widely used for various applications, including power distribution and industrial settings. With a focus on energy efficiency, safety, and environmental compliance, the market is witnessing increased adoption of two-winding dry type transformers. Their versatility and reliability make them a preferred choice for meeting diverse electrical requirements in the United States, justifying their contribution to the dry type transformers market demand.

Inner-city substations segment will register a notable CAGR from 2023 to 2032. In densely populated urban areas, the need for reliable power distribution is paramount. Dry type transformers are preferred for their safety, reduced fire risk, and environmental friendliness. These qualities make them an ideal choice for inner-city substations, where space and safety considerations are critical, driving their contribution to the dry type transformers market size in the U.S.

Self air segment will showcase an appreciable CAGR from 2023 to 2032. Self-air dry type transformers utilize natural cooling methods, eliminating the need for external cooling systems. They are energy-efficient, environmentally friendly, and preferred for their simplicity and reliability. As the U.S. prioritizes energy efficiency and sustainability, self-air dry type transformers are increasingly sought after, driving their popularity in the dry type transformers market outlook in the U.S.

Product Code: 6638

Chapter 1 Methodology & Scope

1.1 Market scope and definitions
1.2 Market estimates & forecast parameters
- 1.2.1 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Unpaid sources

Chapter 2 US Dry Type Transformer Industry Insights

2.1 Industry ecosystem analysis
- 2.1.1 Vendor Matrix
2.2 Regulatory landscape
2.3 Industry impact forces
- 2.3.1 Growth drivers
- 2.3.2 Industry pitfalls & challenges
2.4 Growth potential analysis
2.5 Porter's Analysis
- 2.5.1 Bargaining power of suppliers
- 2.5.2 Bargaining power of buyers
- 2.5.3 Threat of new entrants
- 2.5.4 Threat of substitutes
2.6 PESTEL Analysis

Chapter 3 Competitive Benchmarking

3.1 Competitive landscape, 2022
- 3.1.1 Strategic dashboard
3.2 Innovation & technology landscape

Chapter 4 US Dry Type Transformer Market, By Core

4.1 Key core trends
4.2 Closed
4.3 Shell
4.4 Berry

Chapter 5 US Dry Type Transformer Market, By Technology

5.1 Key technology trends
5.2 Self air
5.3 Air blast

Chapter 6 US Dry Type Transformer Market, By Insulation

6.1 Key insulation trends
6.2 Class R
6.3 Class H
6.4 Class F
6.5 Class B
6.6 Class A

Chapter 7 US Dry Type Transformer Market, By Product

7.1 Key product trends
7.2 Open wound
7.3 Cast resin
7.4 Vacuum pressure impregnated
7.5 Vacuum pressure encapsulated

Chapter 8 US Dry Type Transformer Market, By Winding

8.1 Key winding trends
8.2 Two winding
8.3 Auto transformer

Chapter 9 US Dry Type Transformer Market, By Rating

9.1 Key rating trends
9.2 ≤ 5 MVA
9.3 > 5 MVA to ≤ 30 MVA
9.4 > 30 MVA

Chapter 10 US Dry Type Transformer Market, By Mounting

10.1 Key mounting trends
10.2 Pad
10.3 Pole
10.4 Others

Chapter 11 US Dry Type Transformer Market, By Application

11.1 Key application trends
11.2 Industries
11.3 Inner-city substations
11.4 Indoor/Underground substations
11.5 Renewable generation
11.6 Others

Chapter 12 Company Profiles

12.1 ABB
12.2 GE
12.3 Eaton
12.4 Schneider Electric
12.5 Siemens Energy
12.6 Hitachi Energy Ltd.
12.7 CG Power & Industrial Solutions Ltd.
12.8 Toshiba Energy Systems & Solutions Corporation
12.9 Raychem RPG Private Limited
12.10 Instrument Transformer Equipment Corporation, Inc.
12.11 Fuji Electric Co., Ltd.
12.12 WEG