U.S. Power, Distribution, And Specialty Transformer Market. Analysis And Forecast to 2025
Update: COVID-19 Impact
U.S. Imports of Power, Distribution, and Specialty Transformers Remained Relatively Stable in the Recent Years
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The U.S. ranks second in global imports of power, distribution, and specialty transformers, following China (X%) with a X% share (based on USD). In 2015, U.S. power, distribution, and specialty transformer imports totaled X million USD, which was X million USD (X%) more than the year before.
From 2007 to 2015, the U.S. power, distribution, and specialty transformer imports remained relatively stable with slight fluctuations, rising with a CAGR of +X%. However, imports showed a slight decline from 2013 to 2014, followed by a X% rebound in 2015.
U.S. imports are still in the recovery phase of the economic cycle. They have to grow another X% to reach the pre-recession level of 2008.
The U.S. continues to be one of the biggest markets for global exporters. However, the attractiveness of the U.S. market is lowered by depressed import growth rates.
Mexico was the main supplier of power, distribution, and specialty transformers into the U.S., with a combined X% share of total U.S. imports in 2015. However, China (+X% per year, ranking second) and Canada (+X% per year, ranking third) were the fastest growing suppliers from 2007 to 2015. China strengthened its position in U.S. import structure, increasing from X% in 2007 to X% in 2015. By contrast, Mexico saw its share slightly reduced by 2015.
From 2007 to 2015, the U.S. was a net importer of power, distribution, and specialty transformers. However, exports grew a bit faster than imports on average over the period under review.
Net US imports of power, distribution, and specialty transformers remained relatively stable over the last three years, with minor fluctuations. This industry ran a trade deficit of X billion USD in 2015.
Source: IndexBox AI Platform
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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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