US Power Transformer Market Growth — Growth is supported by grid upgrades, EV charging infrastructure, and renewable generation additions; supply chain constraints and lead times can moderate near-term growth.

The US Power Transformer Market Growth is being propelled by several powerful factors. The primary driver is the modernization of aging infrastructure. The National Renewable Energy Laboratory (NREL) estimates that a significant portion of the country's distribution transformers are over 33 years old and are approaching the end of their lifespan.

This necessitates a massive replacement cycle. The second major driver is the rapid Renewable Energy Transformer Integration Us. The intermittent nature of solar and wind power requires robust transformers to efficiently connect these sources to the grid. The third driver is the increasing electrification of transportation and other sectors, which is placing unprecedented demand on the grid and requiring significant capacity expansion.