Code: MTA2055 | Publication Date: Feb 2025 |
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.
Company Name | ABB Ltd. |
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Headquarters | Zurich, Switzerland |
Established Year | 1987 |
Official Website | Click 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.
Company Name | Hitachi Ltd. |
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Headquarters | Tokyo, Japan |
Established Year | 1910 |
Official Website | Click 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.
Company Name | Siemens AG |
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Headquarters | Munich, Germany |
Established Year | 1847 |
Official Website | Click 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.
Company Name | GE Power |
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Headquarters | Schenectady, New York |
Established Year | 1892 |
Official Website | Click 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.
Company Name | Schneider Electric SE |
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Headquarters | Rueil-Malmaison, France |
Established Year | 1836 |
Official Website | Click 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.
Company Name | Mitsubishi Electric Corporation |
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Headquarters | Tokyo, Japan |
Established Year | 1921 |
Official Website | Click 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.
Company Name | Crompton Greaves Ltd. |
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Headquarters | Mumbai, India |
Established Year | 1937 |
Official Website | Click 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.
Company Name | Hyosung Corporation |
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Headquarters | Seoul, South Korea |
Established Year | 1966 |
Official Website | Click 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.
Company Name | Hammond Power Solutions Inc. |
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Headquarters | Guelph, Ontario, Canada |
Established Year | 1917 |
Official Website | Click 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.
Company Name | Howard Industries Inc. |
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Headquarters | Ellisville, Mississippi |
Established Year | 1968 |
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.