The import of liquid dielectric transformers with a power handling capacity of 10,000 KVA and more to the US is forecasted to experience a steady growth from 2024 through 2028. Starting at $891.94 million in 2024, the imports are projected to slightly increase to $892.82 million by 2028, reflecting a consistent annual growth. Year-on-year variations show minor incremental rises, indicating market stability. In 2023, imports stood at $891.71 million, illustrating a negligible increase.
Future trends to watch for include potential shifts in demand due to rising infrastructure development and energy transition initiatives, which could influence the magnitude and pace of import growth for these transformers.
