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
General Electric Company
Schneider Electric SE
Emerson Electric Co.
Eaton Corporation PLC
Siemens Energy AG
*Disclaimer: Major Players sorted in no particular order
