US Power Transformer Industry — Industry players manufacture transformers for utilities, renewables, and industrial customers; focus areas include smart transformers, lower loss cores, and localized manufacturing.

The US Power Transformer Industry is a complex ecosystem of domestic and international manufacturers, service providers, and technology developers. While many of the leading players are global conglomerates with a strong presence in the US, there are also a number of significant American-owned manufacturers.

The industry is facing a major challenge in keeping up with the surging demand for transformers, which has led to extended lead times and escalating costs. In response, US Transformer Manufacturers are investing heavily in capacity expansion and automation. The industry is also at the forefront of developing advanced technologies, such as smart transformers, to improve grid resilience and efficiency.