The U.S. ranks second in global imports of power, distribution, and specialty transformers, following China (17%) with a 15% share (based on USD). In 2015, U.S. power, distribution, and specialty transformer imports totaled 3,698 million USD, which was 41 million USD (1%) more than the year before.
From 2007 to 2015, the U.S. power, distribution, and specialty transformer imports remained relatively stable with slight fluctuations, rising with a CAGR of +0.6%. However, imports showed a slight decline from 2013 to 2014, followed by a 1% rebound in 2015.
U.S. imports are still in the recovery phase of the economic cycle. They have to grow another 8% to reach the pre-recession level of 2008.
The U.S. continues to be one of the biggest markets for global exporters. However, the attractiveness of the U.S. market is lowered by depressed import growth rates.
Mexico was the main supplier of power, distribution, and specialty transformers into the U.S., with a combined 37% share of total U.S. imports in 2015. However, China (+2.0% per year, ranking second) and Canada (+2.6% per year, ranking third) were the fastest growing suppliers from 2007 to 2015. China strengthened its position in U.S. import structure, increasing from 13% in 2007 to 15% in 2015. By contrast, Mexico saw its share slightly reduced by 2015.
From 2007 to 2015, the U.S. was a net importer of power, distribution, and specialty transformers. However, exports grew a bit faster than imports on average over the period under review.
Net US imports of power, distribution, and specialty transformers remained relatively stable over the last three years, with minor fluctuations. This industry ran a trade deficit of 2,392 billion USD in 2015.
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“U.S. Power, Distribution, And Specialty Transformer Market. Analysis And Forecast to 2020” provides an in-depth analysis of the U.S. market for power and distribution transformers. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
Countries coverage: the U.S.
- Market size;
- Domestic production, value of shipments;
- Key market players and their profiles;
- Exports, imports and trade balance;
- Import and export prices;
- Forecast of the market dynamics in the medium term;
- Key industry statistics;
- Life cycle of the industry;
- Number of establishments and their locations;
- Employment data;
- Industry productivity.
Product coverage: Power and distribution transformers, excluding parts; Specialty transformers, excluding fluorescent lamp ballast; Fluorescent lamp ballasts; Commercial, institutional, and industrial general-purpose transformers, all voltages; Power regulators, boosters, and other transformers and parts for all transformers; Power, distribution, and specialty transformer manufacturing, nsk, total
Companies mentioned: Weg Electric Corp., C.D. Technologies , Powell Industries, Intermatic Incorporated, Spellman High Voltage Electronics Corporation, Cooper Power Systems, Bellofram Corporation, Transistor Devices, Delta Star, Power Partners, Electro-Mechanical Corporation, Solomon Transformers, Kentucky Association of Electric Cooperatives, Universal Lighting Technologies, SPX Transformer Solutions, Central Moloney, Pioneer Power Solutions, Pennsylvania Transformer Technology, Cg Power Systems USA, Sternschnuppe, Power Paragon, SPD Electrical Systems, Instrument Transformers, Holien, GE Drives & Controls, Pulse Electronics, ABB Holdings, Asea Brown Boveri, ABB Power T & D Company, Power Products, GE Grid Solutions
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TABLE OF CONTENTS
1.1 REPORT DESCRIPTION
1.2 REPORT STRUCTURE
1.3 RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
2.1 KEY FINDINGS
2.2 MARKET TRENDS
3. MARKET OVERVIEW
3.1 MARKET VALUE
3.2 TRADE BALANCE
3.3 MARKET OPPORTUNITIES
3.4 MARKET FORECAST TO 2020
4. DOMESTIC PRODUCTION
4.1 PRODUCTION IN 2008-2015
4.2 PRODUCTION BY TYPE
4.3 PRODUCTION BY STATE
4.4 PRODUCER PRICES
5.1 IMPORTS IN 2007-2015
5.2 IMPORTS BY TYPE
5.3 IMPORTS BY COUNTRY
5.4 IMPORT PRICES BY COUNTRY
6.1 EXPORTS IN 2007-2015
6.2 EXPORTS BY TYPE
6.3 EXPORTS BY COUNTRY
6.4 EXPORT PRICES BY COUNTRY
7. COMPETITIVE LANDSCAPE
7.1 INDUSTRY SNAPSHOTS
7.2 INDUSTRY LIFE CYCLE
7.3 BUSINESS LOCATIONS
7.5 ANNUAL PAYROLL
7.6 INDUSTRY PRODUCTIVITY
7.7 ESTABLISHMENT SIZE AND LEGAL FORM
8. COMPANY PROFILES