Abstract
In this report, Business Trend Analysts examines trends in the U.S. marketplace for
power, distribution, and specialty transformers, analyzing the market from the
manufacturers' level. Products discussed in detail include power; distribution; indoor;
miscellaneous special-purpose; instrument; commercial, institutional, and industrial; and
other specialty transformers.
The U.S. market for transformers includes power, distribution, and specialty
transformers, as well as transformers for electronic applications. The market is heavily
impacted by economic conditions, construction activity, and the housing market. It
also influenced by the health of several major manufacturing industries. From 1995
2005, U.S. manufacturers' dollar and unit sales of transformers grew at average annual
rates of 1.0% and 0.1%, respectively.
In 2006, U.S. manufacturers' sales of transformers should total 563.5 million units
valued at $7.7 billion. That year, power, distribution, and specialty transformers should
represent 78.5% of the value and 2.9% of the units of U.S. manufacturers' sales
transformers. Due to their higher prices, products in this particular segment are not
frequently purchased as electronic transformers. Power transformers may cost
excess of $1 million per unit. Electronic transformers should account for 21.5% of
value and 97.1% of the units of U.S. manufacturers' sales of transformers in 2006.