Forecast: Import of Transformers Electric Having a Power Handling Capacity less than 1 kVA to the US

The forecast for the import of transformers with a power handling capacity of less than 1 kVA to the US indicates a gradual decline from $162.2 million in 2024 to $145.16 million by 2028. By 2023, the imports were last reported at $166.6 million. The year-on-year percentage change shows a decline of 2.7% from 2024 to 2025, followed by a similar downward trend with a 2.7% annual reduction anticipated through to 2028. The compound annual growth rate (CAGR) over the next five years reflects a decrease of approximately 2.8% each year.

Future trends to watch for include:

• Technological advancements in transformer efficiency.
• Potential impacts of US trade policies on import volumes.
• Shifts in energy consumption patterns affecting demand for low-capacity transformers.
• Emerging competition from domestic manufacturers.