North America Transformer Market Share

Statistics for the 2023 & 2024 North America Transformer market share, created by Mordor Intelligence™ Industry Reports. North America Transformer share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of North America Transformer Industry

The North American transformer market is fragmented. Some of the key players in this market include (in no particular order) Siemens Energy AG, Eaton Corporation PLC, General Electric Company, Schneider Electric SE, and Emerson Electric Co., among others.

In April 2022, Siemens Energy strategically launched a new product named Carpole dry type single-phase distribution transformer, which is designed to handle high overloads to facilitate power flow balancing. It provides a reliable and sustainable alternative to oil-filled transformers. The product is environmentally friendly, more reliable, and cost-efficient. This equipment is crucial for power distribution in sophisticated places, such as IT hubs, hospitals, shopping malls, etc.

North America Transformer Market Leaders

  1. General Electric Company

  2. Schneider Electric SE

  3. Emerson Electric Co.

  4. Eaton Corporation PLC

  5. Siemens Energy AG

*Disclaimer: Major Players sorted in no particular order

North America Transformer Market Concentration

North American Transformer Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)