Title: U.S. Oil Filled Distribution Transformer Market Outlook - Industry Statistics Analysis By 2027
1 U.S. Oil Filled Distribution Transformer Market
To Witness Accelerated Growth by 2027
- U.S. Oil Filled Distribution Transformer Market
size is estimated to show notable CAGR By 2027.
U.S. oil filled distribution transformer market
outlook will be robust with concerted effort to
renovate and upgrade electricity grid
infrastructure. Favorable government regulations
for the grid infrastructure refurbishment and the
development of smart cities will expedite the
deployment of different transformers. - End-users will exhibit profound traction for oil
filled transformers as they are more efficient
and have a longer service life. High-income
countries such as the U.S. are poised to invest
in transmission and distribution networks and
renewable-based power generation plants. A rising
inclination for oil filled distribution
transformers is partly credited to low repairing
costs and the need for cleaning and inspection.
According to an estimate, U.S. oil filled
distribution transformer market size will witness
a commendable gain through 2027. - The commercial sector is expected to exhibit
traction for pad-mounted oil filled distribution
transformers considering the low installation
cost, improved safety and aesthetics. A renewed
focus on RD activities in the energy sector and
applications in indoor installations, such as
malls and complexes will bolster the trend for
pad-mounted transformers. Pad-mounted oil filled
distribution transformer will account for a
notable share of U.S. market over 2021-2027.
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2 - Lately, the growth prospect of autotransformers
will be noticeable on the back of the integration
of innovative monitoring technologies. These
transformers will be sought across energy
applications to interconnect systems at various
voltages. U.S. oil filled distribution
transformer industry share from auto transformers
is forecast to grow at a robust CAGR through
2027. - End-users are likely to show interest in gt1 MVA
distribution transformers following the
integration of renewable energy establishments
and the growth of distribution networks.
Expansion of medium voltage (MV) distribution
energy networks will augur well for the
deployment of oil filled distribution
transformers. Moreover, public and private
organizations will continue to seek gt1 MVA oil
filled distribution transformers. - Closed core transformers are expected to gain
upticks from the growth of TD networks and
increased demand for energy efficiency and
voltage optimization. Besides, digitization for
monitoring and controlling operations will boost
grid stability. U.S. oil filled distribution
transformer market share from closed core segment
will grow at a significant rate during the
forecast period.
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4 Amidst the shifting landscape of distribution
transformers, both well-established players and
new entrants are likely to emphasize product
launches and innovations. To illustrate, in April
2021, Siemens Energy rolled out edge transmission
products to digitize power transmission assets in
the substation. Key vendors in U.S. oil filled
distribution transformer industry are Siemens
Energy, Toshiba Energy Systems Solutions
Corporation, Hitachi ABB Power Grids, Schneider
Electric, DOS Canada, MGM Transformer Company,
Northern Transformer, Eaton and General Electric,
among others. Stakeholders in U.S. market are
likely to inject funds into renewable electricity
and energy transformation projects. Adoption of
digital solutions, along with the need for
decarbonization, is likely to bolster growth
potentials in the distribution transformer
landscape. Prominently, the upgradation of power
networks will open new possibilities for grid
operators.
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5 Segments of U.S. Oil Filled Distribution
Transformer Market
- U.S. Market, By Core
- Closed
- Shell
- Berry
- U.S. Market, By Winding
- Two Winding
- Auto Transformer
- U.S. Market, By Phase
- Three Phase
- Single Phase
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