Top Companies in North America Transformers Market with Market Size | Suppliers & Manufacturers 2025

Code: MTA2055 Publication Date: Feb 2025

Top Companies in North America Transformers Market with Market Size

The North America Transformers Market is experiencing significant growth, driven by the rapidly increasing demand for electricity and rising investments in renewable energy sources. The region is home to some of the most prominent players in the global transformer market, renowned for their commitment to innovation, sustainability, and advanced technological solutions. These companies play a pivotal role in enhancing North America's power infrastructure, meeting the surging electricity demands while actively reducing environmental impact. The leading transformer companies in this market are heavily focused on research and development, consistently investing in cutting-edge technologies to improve the quality, efficiency, and sustainability of their products. Their innovative efforts include developing eco-friendly solutions and adopting processes that align with global sustainability goals.

In addition to advancing product innovation, these companies actively engage in initiatives and collaborations that promote sustainable practices across the industry. Their ongoing contributions ensure that the transformer market continues to evolve, addressing the dual challenge of growing energy demands and environmental preservation. Overall, these global transformer leaders not only dominate the North American market but also play a critical role in shaping its future. Their unwavering focus on innovation and sustainability ensures their continued influence in driving advancements within the industry, fostering a more sustainable and efficient energy landscape in North America and beyond. As per 6Wresearch, North America Transformers Market is projected to grow at a significant CAGR of 7.1%  in 2025-2031F.

List of Leading Companies in the North America Transformers Market

1. ABB Ltd.

Company NameABB Ltd.
HeadquartersZurich, Switzerland
Established Year1987
Official WebsiteClick Here

ABB is a leading global technology company specializing in electrification, robotics, motion, industrial automation, and power grids. They are dedicated to powering the future with sustainable energy solutions. ABB has a strong presence in the North American transformers market with its state-of-the-art products and services. The company has been involved in several major projects, such as New York's largest offshore wind farm and partnering with Google to develop clean energy strategies.

2. Hitachi Ltd.

Company NameHitachi Ltd.
HeadquartersTokyo, Japan
Established Year1910
Official WebsiteClick Here

Hitachi is a highly diversified company offering cutting-edge solutions in multiple industries, including power, infrastructure, and transportation. They are committed to creating a sustainable society through their innovative products and services. Hitachi has a significant presence in the North American transformer market with its advanced technologies and expertise. The company has been involved in major projects such as supplying transformers for the world's largest solar power plant in California.

3. Siemens AG

Company NameSiemens AG
HeadquartersMunich, Germany
Established Year1847
Official WebsiteClick Here

Siemens is a global powerhouse in electrification, automation, and digitalization. They are committed to providing innovative solutions that improve efficiency, sustainability, and quality of life. Siemens has a strong presence in the North American transformers market with high-quality products and services. The company has been involved in major projects such as supplying transformers for one of America's largest solar farms in Arizona.

4. GE Power

Company NameGE Power
HeadquartersSchenectady, New York
Established Year1892
Official WebsiteClick Here

GE Power is a global leader in power generation, transmission, and distribution. They are committed to creating innovative solutions that meet the growing demand for electricity while reducing environmental impact. GE Power has a significant presence in the North American transformer market, providing advanced products and services. The company has been involved in major projects such as supplying transformers for one of the world's largest wind farms in Texas.

5. Schneider Electric SE

Company NameSchneider Electric SE
HeadquartersRueil-Malmaison, France
Established Year1836
Official WebsiteClick Here

Schneider Electric is a leading company in energy and automation management, providing innovative solutions for homes, buildings, data centers, infrastructure, and industries. They are committed to sustainability and efficiency. Schneider Electric has a strong presence in the North American transformer market with its advanced technologies and services. The company has been involved in projects such as partnering with EPRI to develop smart grid solutions.

6. Mitsubishi Electric Corporation

Company NameMitsubishi Electric Corporation
HeadquartersTokyo, Japan
Established Year1921
Official WebsiteClick Here

Mitsubishi Electric is a global leader in electrical and electronic equipment, providing cutting-edge products and services across multiple industries. They are committed to creating a sustainable world through their innovative solutions. Mitsubishi Electric has a significant presence in the North American transformer market with advanced technologies and expertise. The company has been involved in major projects such as supplying transformers for one of the largest solar power plants in California.

7. Crompton Greaves Ltd.

Company NameCrompton Greaves Ltd.
HeadquartersMumbai, India
Established Year1937
Official WebsiteClick Here

Crompton Greaves is a global leader in power transmission and distribution solutions, providing reliable products and services to customers worldwide. They are committed to sustainability and innovation. Crompton Greaves has a strong presence in the North American transformer market with high-quality products and services. The company has been involved in major projects such as supplying transformers for one of Mexico's largest power plants.

8. Hyosung Corporation

Company NameHyosung Corporation
HeadquartersSeoul, South Korea
Established Year1966
Official WebsiteClick Here

Hyosung is a global leader in industrial machinery, advanced materials, chemicals, and information technology. They are committed to providing sustainable solutions that contribute to a better future. Hyosung has a significant presence in the North American transformer market with advanced technologies and expertise. The company has been involved in major projects such as supplying transformers for one of Canada's largest hydroelectric power plants.

9. Hammond Power Solutions Inc.

Company NameHammond Power Solutions Inc.
HeadquartersGuelph, Ontario, Canada
Established Year1917
Official WebsiteClick Here

Hammond Power Solutions is a leading manufacturer of dry-type transformers and related magnetics, providing innovative solutions for various industries. They are committed to quality, reliability, and sustainability. Hammond Power Solutions has a strong presence in the North American transformer market with high-quality products and services. The company has been involved in major projects such as supplying transformers for one of America's largest wind farms in Iowa.

10. Howard Industries Inc.

Company NameHoward Industries Inc.
HeadquartersEllisville, Mississippi
Established Year1968
Official Website-

Howard Industries is a leading manufacturer of distribution transformers for utility, commercial, and industrial applications. They are committed to providing innovative solutions that meet customer needs and contribute to a sustainable future. Howard Industries has a significant presence in the North American transformer market, supplying high-quality products and services. The company has been involved in major projects such as supplying transformers for one of America's largest solar farms in California. Additionally, they have partnered with major utility companies to provide innovative solutions for energy distribution and management.

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