U.S. Power, Distribution, And Specialty Transformer Market. Analysis And Forecast to 2030
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPower, Distribution and Specialty Transformer Market - U.S. Power, Distribution, and Specialty Transformer Market Weakens, with only Modest Growth Expected in the Medium Term
Photo: © TheYok / Bigstockphoto
Transformers and power distribution equipment are long-lasting electric utilities, which are essential for supplying new communities with electricity, as well as for replacing outworn equipment.
In 2015, U.S. power, distribution, and specialty transformer market was estimated at about X billion USD. A sharp drop in value occurred in 2009, when the market slipped by X% from its peak of 2008. This trend continued in 2010, with another -X% decline. A weak recovery attempt followed over 2011-2012, until the growth lost momentum. Over the next six years, the market languished near that level, with only minor fluctuations through to 2015.
Domestic industry performance suffered perceptibly from slumps in construction during the financial crisis of 2008-2009. The value of shipments in the industry was estimated at X million USD in 2015. There was a steep decline in 2009, with a further slip in 2010. The year after, the output bounced back slightly and then stood near that level with minor fluctuations through to 2015.
In 2015, U.S. power, distribution, and specialty transformer imports totaled X million USD. After the plunge of 2009, U.S. power, distribution, and specialty transformer imports remained relatively stable with minor fluctuations from 2007 to 2015. However, in 2013-2014, imports slightly declined, bouncing back up by +X% in 2015.
The U.S. remains heavily dependent on the overseas supply of power, distribution, and specialty transformers, with the share of imports in the apparent consumption fluctuating near X% over the period under review.
Globally, the U.S. ranks second in power, distribution, and specialty transformer imports with a X% share (based on USD), following China (X%). Therefore, it continues to be one of the biggest markets for global exporters. On the other hand, the attractiveness of the U.S. market is limited by the low import growth rate.
Mexico was the main supplier of power, distribution, and specialty transformers into the U.S., with a X% share of total U.S. imports in 2015. It was distantly followed by China (X%) and Canada (X%). However, China (+X% per year, ranking second) and Canada (+X% per year, ranking third) were the fastest growing suppliers from 2007 to 2015.
As for exports, they accounted for X% of U.S. power, distribution, and specialty transformer output in 2015. This share remained relatively stable over the period under review. Prior to 2014, exports showed a gradual upward trend with minor fluctuations, until it leveled off to X million USD in 2015. Mexico (X%) and Canada (X%) were the main destinations of U.S. power, distribution, and specialty transformer exports. Given the specificity of the product and the overall export dynamics, the demand for U.S. power, distribution, and specialty transformers in overseas markets is unlikely to serve as a driver of industry growth over the medium term.
Therefore, home demand will be the main contributor to the market growth. Downstream industries, mainly residential and non-residential construction, as well as industrial manufacturing, have experienced a rebound from their recessionary slumps, supporting the demand for power, distribution, and specialty transformers over the past five years.
New housing starts are going to pick up pace over the next three years due to strong employment and easy credit availability. The expansion of settlements will require electrical infrastructure development, which will serve as a direct driver of growth for the power, distribution, and specialty transformer market.
On the other hand, rising output in most of the U.S. industries also advances demand for electric power in production facilities, as well as for heating and conditioning. Easy credit availability also makes an impact by creating favorable conditions for capital investment, particularly into electric infrastructure.
As a result of the conditions mentioned above, U.S. growth in power, distribution, and specialty transformer consumption is expected to accelerate in the medium term. However, due to the relatively long investment and construction periods, only mild growth is expected, as new communities and non-residential facilities do not arise very rapidly. In addition, the replacement of outworked equipment is also likely to take place gradually.
Do you want to know more about the U.S. power, distribution and specialty transformer market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- power, distribution and specialty transformer market share
- power, distribution and specialty transformer prices
- power, distribution and specialty transformer industry
- power, distribution and specialty transformer sales
- power, distribution and specialty transformer market forecast
- power, distribution and specialty transformer price forecast
- key power, distribution and specialty transformer producers
Join Us at HANNOVER MESSE 2024
Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany
This report provides an in-depth analysis of the market for power, distribution and specialty transformer in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 335311 - Power, distribution, and specialty transformer manufacturing
Companies mentioned:
- Weg Electric Corp.
- C.D. Technologies
- Powell Industries
- Intermatic Incorporated
- Spellman High Voltage Electronics Corporation
- Cooper Power Systems
- Bellofram Corporation
- Transistor Devices
- Delta Star
- Power Partners
- Electro-Mechanical Corporation
- Solomon Transformers
- Kentucky Association of Electric Cooperatives
- Universal Lighting Technologies
- SPX Transformer Solutions
- Central Moloney
- Pioneer Power Solutions
- Pennsylvania Transformer Technology
- Cg Power Systems USA
- Sternschnuppe
- Power Paragon
- SPD Electrical Systems
- Instrument Transformers
- Holien
- GE Drives & Controls
- Pulse Electronics
- ABB Holdings
- Asea Brown Boveri
- ABB Power T & D Company
- Power Products
- GE Grid Solutions
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
