Transformer Manufacturing Report Summary

SIC Codes: 3548
NAICS Codes: 335311

Transformer Manufacturing Industry Overview

Excerpt from Transformer Manufacturing Report

Companies in this industry manufacture power, distribution, and specialty transformers. Major companies include ABB (Switzerland), General Electric (US), Jiangsu Huapeng Transformer (China), Mitsubishi Electric (Japan), Siemens (Germany), and Schneider Electric (France).

Competitive Landscape

Demand is driven by construction spending and industrial production. The profitability of individual companies depends on efficient manufacturing and economies of scale in purchasing. Large companies compete by offering a variety of transformer products to utilities and industrial customers. Small companies can compete by offering innovative, niche products to industrial and consumer product customers. The US industry is highly concentrated: the 50 largest companies account for nearly 90 percent of industry revenue.

Products, Operations & Technology

Major products include power and distribution transformers used in electricity transmission and distribution grids. Other products include ballasts for lamps and fluorescent lighting, voltage regulators, and transformers that regulate electricity in products like arc welders, machine tools, generators, and electric furnaces.

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