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Due to the large-scale integration of renewable energy and the increasing demand for safe, reliable and efficient power supply, the US oil-filled distribution transformer industry is expected to experience a compound annual growth rate of more than 4% between 2021 and 2027.
Selbyville, Delaware, June 23, 2021/PRNewswire/ - Global Market Insights Inc.'s latest research report states that the oil-filled distribution transformer market in the United States will exceed $4 billion by 2027. Favorable regulatory policies for the expansion of renewable energy networks, along with rapid transformation and modernization aimed at achieving effective grid integration, will foster a business landscape. The continuous development of cross-border power distribution projects, coupled with strict energy efficiency agreements, and the replacement of existing power distribution components with advanced devices, will inject vitality into the industry.
Due to its wide application in the commercial and residential fields, the oil-filled distribution transformer industry with a rating of ≤ 250 kVA in the United States will gain considerable momentum for development. With the increase in electricity demand and the rapid development of villas, hotels and apartments, etc., it will have a positive impact on the commercial landscape. Increasing demand for green transformers and rapid urbanization will drive industry expansion.
Request a sample of this research report at https://www.gminsights.com/request-sample/detail/5067.
Due to the rapid adoption of renewable energy and cost-sensitive consumer behavior, there will be a boom in the pole-mounted portion of the oil-filled distribution transformer market in the United States. It is easy to install on the unipolar structure and its relatively compact size will increase the adoption rate of the product. The increasing attention of the entire power industry to IT integration will greatly promote the deployment of smart grids and supplement business prospects.
Some of the key findings from the U.S. Oil-Filled Distribution Transformer Market Report include:
Browse key industry insights spread over 100 pages, including 71 market data tables and 27 figures and graphs from the report, "U.S. oil-filled distribution transformer market statistics by core (closed, shell, berry), winding ( Dual winding, automatic transformer), phase (three, single), rated value (≤ 250 kVA,> 250 kVA to ≤ 1 MVA,> 1 MVA), installation (mat, pole), application (residential and commercial, utility, Industry), Industry Analysis Report, National Outlook, Application Potential, Competitive Market and Forecast, 2021-2027" and catalog:
https://www.gminsights.com/industry-analysis/us-oil-filled-distribution-transformer-market
The increase of R&D investment by leading market participants to introduce advanced electrical equipment in the grid network will benefit the business scenario. For example, in 2019, Nynas launched NYTRO Polaris GXN, a special Arctic transformer oil that can withstand extremely cold conditions. Continued technological development coupled with the continuous improvement of the feasibility of traditional electrical infrastructure will drive the industry's potential.
Due to the rapid development of the power grid to meet the increasing energy demand, the utility application segment of the oil-filled distribution transformer market in the United States is expected to exhibit a significant compound annual growth rate. The government's increasing emphasis on the development of renewable power corridors and the energy efficiency of the states will stimulate product demand. Ambitious energy transition goals and growing cross-border grid expansion will further accelerate the commercial landscape.
Browse the ToC of this report at https://www.gminsights.com/toc/detail/us-oil-filled-distribution-transformer-market
Browse related reports: by core (closed, shell, berry), product (distribution transformer, power transformer, instrument transformer, other), winding (dual winding, autotransformer), installation (outdoor, indoor), mode Oil-filled transformer market cooling (Oil Natural Air Natural (ONAN), Oil Natural Water Forced (ONWF), Oil Natural Air Forced (ONAF), others), split-phase (three-phase, single-phase), through installation (pads, poles, Basic and other), ratings (< 5 MVA, 5 to 10 MVA, >10 MVA), substation connection (distribution, transmission), applications (residential and commercial, utilities, industry), industry analysis reports, regional outlook, Application potential, competitive market share & forecast to 2024
https://www.gminsights.com/industry-analysis/oil-filled-transformer-market
About Global Market Insights Global Market Insights Inc., headquartered in Delaware, is a global market research and consulting service provider, providing joint and customized research reports and growth consulting services. Our business intelligence and industry research reports provide customers with insightful insights and actionable market data designed and presented to help strategic decision-making. These detailed reports are designed through proprietary research methods and can be used in key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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Related pictures us-oil-filled-distribution.jpg US oil-filled distribution transformer industry forecast 2021-2027
Source: Global Market Insights Inc.
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