North America Distribution Transformer Market Size, Share & Trends Analysis Report By Insulation Type (Immersed, and Dry), By End-Use Industry, By Product Type, By Power Rating, By Phase Type (Three Phase, and Single Phase), By Country and Growth Forecast, 2024 - 2031

The North America Distribution Transformer Market would witness market growth of 5.8% CAGR during the forecast period (2024-2031).

The US market dominated the North America Distribution Transformer Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,984.8 million by 2031. The Canada market is experiencing a CAGR of 7.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7.3% during (2024 - 2031).

The market is a cornerstone of the electrical infrastructure, serving as the vital link between power generation and end-users. These transformers are pivotal in transmitting electricity safely and efficiently from substations to residential, commercial, and industrial consumers. As countries grapple with the challenges of modernizing energy grids, ensuring reliability, and embracing sustainable practices, the market finds itself at the forefront of technological advancements and innovations.

Additionally, the adoption of these transformers continues to surge, propelled by rapid urbanization, industrialization, and electrification efforts. Developing regions, in particular, are witnessing exponential growth in demand for electricity, driving the installation of these transformers to expand and upgrade existing power infrastructure. Meanwhile, developed economies focus on enhancing grid resilience, integrating renewable energy sources, and implementing smart grid technologies, further stimulating demand for advanced transformers.

Canada has been experiencing a gradual increase in distributed solar installations, including residential, commercial, and community-based projects. These installations often require local distribution infrastructure, including these transformers, to connect solar arrays to the grid. As the number of distributed solar installations grows, so does the demand for these transformers at various voltage levels. As per the data published in 2023 by Statistics Canada, solar power fed the electricity grid in seven provinces and two territories in 2022. The province with the highest solar energy production in 2022 was Ontario (2.3 million MWh), followed by sunny Alberta (851,374 MWh) and Saskatchewan (30,097 MWh). Since 2017, the amount of solar electricity generated nationally has increased by over half (+55.7%) to 3.2 million MWh. Hence, the rising renewable energy sectors in North America will drive the demand for these transformers in the region.

Free Valuable Insights: The Distribution Transformer Market is Predict to reach USD 40.1 Billion by 2031, at a CAGR of 6.5%

Based on Insulation Type, the market is segmented into Immersed, and Dry. Based on End-Use Industry, the market is segmented into Industrial, Commercial, Power Utility, and Residential. Based on Product Type, the market is segmented into Pad Mounted, Pole Mounted, and Underground Vault. Based on Power Rating, the market is segmented into 2,501 kVA to 10,000 kVA, Upto 500 kVA, 501 kVA to 2,500 kVA, and More than 10,000 kVA. Based on Phase Type, the market is segmented into Three Phase, and Single Phase. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Fuji Electric Co. Ltd.
• General Electric Company
• ABB Ltd.
• Eaton Corporation PLC
• Toshiba Corporation
• Schneider Electric SE
• Siemens AG
• Mitsubishi Electric Corporation
• Kirloskar Electric Co. Ltd.
• Bharat Heavy Electricals Ltd.

North America Distribution Transformer Market Report Segmentation

By Insulation Type

• Immersed
• Dry

By End-Use Industry

• Industrial
• Commercial
• Power Utility
• Residential

By Product Type

• Pad Mounted
• Pole Mounted
• Underground Vault

By Power Rating

• 2,501 kVA to 10,000 kVA
• Upto 500 kVA
• 501 kVA to 2,500 kVA
• More than 10,000 kVA

By Phase Type

• Three Phase
• Single Phase

By Country

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Distribution Transformer Market, by Insulation Type
1.4.2 North America Distribution Transformer Market, by End-Use Industry
1.4.3 North America Distribution Transformer Market, by Product Type
1.4.4 North America Distribution Transformer Market, by Power Rating
1.4.5 North America Distribution Transformer Market, by Phase Type
1.4.6 North America Distribution Transformer Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. North America Distribution Transformer Market by Insulation Type
4.1 North America Immersed Market by Region
4.2 North America Dry Market by Region

Chapter 5. North America Distribution Transformer Market by End-Use Industry
5.1 North America Industrial Market by Country
5.2 North America Commercial Market by Country
5.3 North America Power Utility Market by Country
5.4 North America Residential Market by Country

Chapter 6. North America Distribution Transformer Market by Product Type
6.1 North America Pad Mounted Market by Country
6.2 North America Pole Mounted Market by Country
6.3 North America Underground Vault Market by Country

Chapter 7. North America Distribution Transformer Market by Power Rating
7.1 North America 2,501 kVA to 10,000 kVA Market by Country
7.2 North America Upto 500 kVA Market by Country
7.3 North America 501 kVA to 2,500 kVA Market by Country
7.4 North America More than 10,000 kVA Market by Country

Chapter 8. North America Distribution Transformer Market by Phase Type
8.1 North America Three Phase Market by Country
8.2 North America Single Phase Market by Country

Chapter 9. North America Distribution Transformer Market by Country
9.1 US Distribution Transformer Market
9.1.1 US Distribution Transformer Market by Insulation Type
9.1.2 US Distribution Transformer Market by End-Use Industry
9.1.3 US Distribution Transformer Market by Product Type
9.1.4 US Distribution Transformer Market by Power Rating
9.1.5 US Distribution Transformer Market by Phase Type
9.2 Canada Distribution Transformer Market
9.2.1 Canada Distribution Transformer Market by Insulation Type
9.2.2 Canada Distribution Transformer Market by End-Use Industry
9.2.3 Canada Distribution Transformer Market by Product Type
9.2.4 Canada Distribution Transformer Market by Power Rating
9.2.5 Canada Distribution Transformer Market by Phase Type
9.3 Mexico Distribution Transformer Market
9.3.1 Mexico Distribution Transformer Market by Insulation Type
9.3.2 Mexico Distribution Transformer Market by End-Use Industry
9.3.3 Mexico Distribution Transformer Market by Product Type
9.3.4 Mexico Distribution Transformer Market by Power Rating
9.3.5 Mexico Distribution Transformer Market by Phase Type
9.4 Rest of North America Distribution Transformer Market
9.4.1 Rest of North America Distribution Transformer Market by Insulation Type
9.4.2 Rest of North America Distribution Transformer Market by End-Use Industry
9.4.3 Rest of North America Distribution Transformer Market by Product Type
9.4.4 Rest of North America Distribution Transformer Market by Power Rating
9.4.5 Rest of North America Distribution Transformer Market by Phase Type

Chapter 10. Company Profiles
10.1 Fuji Electric Co. Ltd.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 SWOT Analysis
10.2 General Electric Company
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 SWOT Analysis
10.3 ABB Ltd.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 SWOT Analysis
10.4 Eaton Corporation PLC
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Toshiba Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research and Development Expense
10.5.5 SWOT Analysis
10.6 Schneider Electric SE
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Product Launches and Product Expansions:
10.6.5.3 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 Siemens AG
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 SWOT Analysis
10.8 Mitsubishi Electric Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 Kirloskar Electric Co. Ltd.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental Analysis
10.9.4 SWOT Analysis
10.10. Bharat Heavy Electricals Ltd.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 SWOT Analysis

TABLE 1 North America Distribution Transformer Market, 2020 - 2023, USD Million
TABLE 2 North America Distribution Transformer Market, 2024 - 2031, USD Million
TABLE 3 North America Distribution Transformer Market by Insulation Type, 2020 - 2023, USD Million
TABLE 4 North America Distribution Transformer Market by Insulation Type, 2024 - 2031, USD Million
TABLE 5 North America Immersed Market by Region, 2020 - 2023, USD Million
TABLE 6 North America Immersed Market by Region, 2024 - 2031, USD Million
TABLE 7 North America Dry Market by Region, 2020 - 2023, USD Million
TABLE 8 North America Dry Market by Region, 2024 - 2031, USD Million
TABLE 9 North America Distribution Transformer Market by End-Use Industry, 2020 - 2023, USD Million
TABLE 10 North America Distribution Transformer Market by End-Use Industry, 2024 - 2031, USD Million
TABLE 11 North America Industrial Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Industrial Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Commercial Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Commercial Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Power Utility Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Power Utility Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Residential Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Residential Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Distribution Transformer Market by Product Type, 2020 - 2023, USD Million
TABLE 20 North America Distribution Transformer Market by Product Type, 2024 - 2031, USD Million
TABLE 21 North America Pad Mounted Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Pad Mounted Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Pole Mounted Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Pole Mounted Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Underground Vault Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Underground Vault Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Distribution Transformer Market by Power Rating, 2020 - 2023, USD Million
TABLE 28 North America Distribution Transformer Market by Power Rating, 2024 - 2031, USD Million
TABLE 29 North America 2,501 kVA to 10,000 kVA Market by Country, 2020 - 2023, USD Million
TABLE 30 North America 2,501 kVA to 10,000 kVA Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Upto 500 kVA Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Upto 500 kVA Market by Country, 2024 - 2031, USD Million
TABLE 33 North America 501 kVA to 2,500 kVA Market by Country, 2020 - 2023, USD Million
TABLE 34 North America 501 kVA to 2,500 kVA Market by Country, 2024 - 2031, USD Million
TABLE 35 North America More than 10,000 kVA Market by Country, 2020 - 2023, USD Million
TABLE 36 North America More than 10,000 kVA Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Distribution Transformer Market by Phase Type, 2020 - 2023, USD Million
TABLE 38 North America Distribution Transformer Market by Phase Type, 2024 - 2031, USD Million
TABLE 39 North America Three Phase Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Three Phase Market by Country, 2024 - 2031, USD Million
TABLE 41 North America Single Phase Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Single Phase Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Distribution Transformer Market by Country, 2020 - 2023, USD Million
TABLE 44 North America Distribution Transformer Market by Country, 2024 - 2031, USD Million
TABLE 45 US Distribution Transformer Market, 2020 - 2023, USD Million
TABLE 46 US Distribution Transformer Market, 2024 - 2031, USD Million
TABLE 47 US Distribution Transformer Market by Insulation Type, 2020 - 2023, USD Million
TABLE 48 US Distribution Transformer Market by Insulation Type, 2024 - 2031, USD Million
TABLE 49 US Distribution Transformer Market by End-Use Industry, 2020 - 2023, USD Million
TABLE 50 US Distribution Transformer Market by End-Use Industry, 2024 - 2031, USD Million
TABLE 51 US Distribution Transformer Market by Product Type, 2020 - 2023, USD Million
TABLE 52 US Distribution Transformer Market by Product Type, 2024 - 2031, USD Million
TABLE 53 US Distribution Transformer Market by Power Rating, 2020 - 2023, USD Million
TABLE 54 US Distribution Transformer Market by Power Rating, 2024 - 2031, USD Million
TABLE 55 US Distribution Transformer Market by Phase Type, 2020 - 2023, USD Million
TABLE 56 US Distribution Transformer Market by Phase Type, 2024 - 2031, USD Million
TABLE 57 Canada Distribution Transformer Market, 2020 - 2023, USD Million
TABLE 58 Canada Distribution Transformer Market, 2024 - 2031, USD Million
TABLE 59 Canada Distribution Transformer Market by Insulation Type, 2020 - 2023, USD Million
TABLE 60 Canada Distribution Transformer Market by Insulation Type, 2024 - 2031, USD Million
TABLE 61 Canada Distribution Transformer Market by End-Use Industry, 2020 - 2023, USD Million
TABLE 62 Canada Distribution Transformer Market by End-Use Industry, 2024 - 2031, USD Million
TABLE 63 Canada Distribution Transformer Market by Product Type, 2020 - 2023, USD Million
TABLE 64 Canada Distribution Transformer Market by Product Type, 2024 - 2031, USD Million
TABLE 65 Canada Distribution Transformer Market by Power Rating, 2020 - 2023, USD Million
TABLE 66 Canada Distribution Transformer Market by Power Rating, 2024 - 2031, USD Million
TABLE 67 Canada Distribution Transformer Market by Phase Type, 2020 - 2023, USD Million
TABLE 68 Canada Distribution Transformer Market by Phase Type, 2024 - 2031, USD Million
TABLE 69 Mexico Distribution Transformer Market, 2020 - 2023, USD Million
TABLE 70 Mexico Distribution Transformer Market, 2024 - 2031, USD Million
TABLE 71 Mexico Distribution Transformer Market by Insulation Type, 2020 - 2023, USD Million
TABLE 72 Mexico Distribution Transformer Market by Insulation Type, 2024 - 2031, USD Million
TABLE 73 Mexico Distribution Transformer Market by End-Use Industry, 2020 - 2023, USD Million
TABLE 74 Mexico Distribution Transformer Market by End-Use Industry, 2024 - 2031, USD Million
TABLE 75 Mexico Distribution Transformer Market by Product Type, 2020 - 2023, USD Million
TABLE 76 Mexico Distribution Transformer Market by Product Type, 2024 - 2031, USD Million
TABLE 77 Mexico Distribution Transformer Market by Power Rating, 2020 - 2023, USD Million
TABLE 78 Mexico Distribution Transformer Market by Power Rating, 2024 - 2031, USD Million
TABLE 79 Mexico Distribution Transformer Market by Phase Type, 2020 - 2023, USD Million
TABLE 80 Mexico Distribution Transformer Market by Phase Type, 2024 - 2031, USD Million
TABLE 81 Rest of North America Distribution Transformer Market, 2020 - 2023, USD Million
TABLE 82 Rest of North America Distribution Transformer Market, 2024 - 2031, USD Million
TABLE 83 Rest of North America Distribution Transformer Market by Insulation Type, 2020 - 2023, USD Million
TABLE 84 Rest of North America Distribution Transformer Market by Insulation Type, 2024 - 2031, USD Million
TABLE 85 Rest of North America Distribution Transformer Market by End-Use Industry, 2020 - 2023, USD Million
TABLE 86 Rest of North America Distribution Transformer Market by End-Use Industry, 2024 - 2031, USD Million
TABLE 87 Rest of North America Distribution Transformer Market by Product Type, 2020 - 2023, USD Million
TABLE 88 Rest of North America Distribution Transformer Market by Product Type, 2024 - 2031, USD Million
TABLE 89 Rest of North America Distribution Transformer Market by Power Rating, 2020 - 2023, USD Million
TABLE 90 Rest of North America Distribution Transformer Market by Power Rating, 2024 - 2031, USD Million
TABLE 91 Rest of North America Distribution Transformer Market by Phase Type, 2020 - 2023, USD Million
TABLE 92 Rest of North America Distribution Transformer Market by Phase Type, 2024 - 2031, USD Million
TABLE 93 Key Information – Fuji Electric Co., Ltd.
TABLE 94 Key Information – General Electric Company
TABLE 95 Key Information – ABB Ltd.
TABLE 96 Key Information – Eaton Corporation PLC
TABLE 97 Key Information – Toshiba Corporation
TABLE 98 Key Information – Schneider Electric SE
TABLE 99 Key Information – Siemens AG
TABLE 100 Key Information – Mitsubishi Electric Corporation
TABLE 101 Key Information – Kirloskar Electric Co., Ltd.
TABLE 102 Key information – Bharat Heavy Electricals Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Distribution Transformer Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Distribution Transformer Market
FIG 4 Porter’s Five Forces Analysis – Distribution Transformer Market
FIG 5 North America Distribution Transformer Market share by Insulation Type, 2023
FIG 6 North America Distribution Transformer Market share by Insulation Type, 2031
FIG 7 North America Distribution Transformer Market by Insulation Type, 2020 - 2031, USD Million
FIG 8 North America Distribution Transformer Market share by End-Use Industry, 2023
FIG 9 North America Distribution Transformer Market share by End-Use Industry, 2031
FIG 10 North America Distribution Transformer Market by End-Use Industry, 2020 - 2031, USD Million
FIG 11 North America Distribution Transformer Market share by Product Type, 2023
FIG 12 North America Distribution Transformer Market share by Product Type, 2031
FIG 13 North America Distribution Transformer Market by Product Type, 2020 - 2031, USD Million
FIG 14 North America Distribution Transformer Market share by Power Rating, 2023
FIG 15 North America Distribution Transformer Market share by Power Rating, 2031
FIG 16 North America Distribution Transformer Market by Power Rating, 2020 - 2031, USD Million
FIG 17 North America Distribution Transformer Market share by Phase Type, 2023
FIG 18 North America Distribution Transformer Market share by Phase Type, 2031
FIG 19 North America Distribution Transformer Market by Phase Type, 2020 - 2031, USD Million
FIG 20 North America Distribution Transformer Market share by Country, 2023
FIG 21 North America Distribution Transformer Market share by Country, 2031
FIG 22 North America Distribution Transformer Market by Country, 2020 - 2031, USD Million
FIG 23 SWOT Analysis: Fuji Electric Co., Ltd.
FIG 24 SWOT Analysis: General electric Company
FIG 25 SWOT Analysis: ABB ltd.
FIG 26 SWOT Analysis: Eaton Corporation PLC
FIG 27 SWOT Analysis: Toshiba Corporation
FIG 28 Recent strategies and developments: Schneider Electric SE
FIG 29 SWOT Analysis: Schneider Electric SE
FIG 30 SWOT Analysis: Siemens AG
FIG 31 SWOT Analysis: Mitsubishi Electric Corporation
FIG 32 SWOT Analysis: Kirloskar Electric Co. Ltd.
FIG 33 SWOT Analysis: Bharat Heavy Electricals Ltd.