HD Hyundai Electric leads U.S. transformer market as AI data centers drive demand
AI Summary- HD Hyundai Electric secured the largest U.S. ultra-high-voltage transformer market share for two consecutive years.
- The company held 25.7% of the market in 2025, up from 17.2% in 2024.
- Data centers represented 6.3% of new bookings this year and are expected to exceed 15% next year.