According to the research report titled ‘U.S. Oil Filled Distribution Transformer Market Size By Core (Closed, Shell, Berry), By Winding (Two Winding, Auto Transformer), By Phase (Three, Single), By Rating (≤ 250 kVA, > 250 kVA to ≤ 1 MVA, > 1 MVA), By Mounting (Pad, Pole), By Application (Residential & Commercial, Utility, Industrial), Industry Analysis Report, Country Outlook, Application Potential, Covid-19 Impact Analysis, Competitive Market Size & Forecast, 2021 – 2027’, available with MarketStudyReport, U.S. oil filled distribution transformer market is anticipated to showcase a robust CAGR through 2027.
 

Mounting R&D investments and widespread integration of industrial automated solutions are some of the primary growth stimulants of U.S. oil filled distribution transformer market.

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Such transformers essentially leverage oil cooling technique to minimize the operating temperature. Oil filled transformers also use dielectric oil for insulation as well as cooling the windings. Beneficial attributes of oil-filled transformers including longer lifespan, higher standard efficiency, and reduced operating noise are also contributing towards the overall market remuneration.

Integration of industrial automated solutions have enabled to reduce the labor costs as well as human intervention, which in turn is fueling the overall market size. Growing cognizance towards exploring innovative ways for maintaining heavy equipment are also boosting U.S. oil filled distribution transformer industry outlook.

By core type, the report cites that the shell segment currently accounts for the largest market share and is likely to depict similar growth patterns in the subsequent years. Rising development of HVDC networks to meet growing electricity demand is fueling the segmental share.

Moving on to winding type, U.S. oil filled distribution transformer industry size from two winding segment is predicted to expand significantly during the forecast duration. Growing demand for efficient transmission system for continuous power supply is facilitating the business scenario in North America.

In terms of application scope, the utility segment is anticipated to generate substantial returns for the market participants by 2027, primarily due to focus towards modernizing grid infrastructure as well as to expand electricity networks.
 

The competitive landscape of U.S. oil filled distribution transformer industry is defined by companies such as American Electric Components Inc., MGM Transformer Company, DOS Canada Inc., L/C Magnetics Inc., Northern Transformer Corp., Eaton Corp., Schneider Electric SE, Hyosung Heavy industries Corp., ERMCO, Toshiba Corp., Siemens AG, General Electric Co., and Hitachi ABB Power Grids among others.