High-capacity transformers, May 2026: PwC via pv magazine

PwC analysts said lead times for high-capacity transformer units had reached as long as four years; pv magazine cites industry experts for prices up roughly 80% over five years.

+80% Large power · May 2026 · US

“A combination of surging demand and raw material shortages has pushed lead times for high capacity units to as long as four years, according to analysts from PwC.”
Class on the chart
Large power and substation transformers
Transformer type
High-capacity power transformer
Size / class
High capacity
Region
US
As of
2026-05
Lead time as stated
As long as four years
Price change
80%
Price baseline
vs ~2021 (“over the last five years”); pv magazine attributes this to industry experts, not PwC
Publisher
PwC analysts (via pv magazine, citing Reuters Events)
Source type
secondary
Verified

Sources

  1. U.S. transformer market faces severe supply constraints (pv magazine, 12 May 2026) accessed 2026-11-09

Cite this reading

PwC analysts (via pv magazine, citing Reuters Events), as compiled by Transformer Lead Times: “High-capacity transformers, May 2026: PwC via pv magazine”. https://transformerleadtimes.com/pwc-high-capacity-2026/ (accessed 9 Nov 2026).

CC BY 4.0. Quote the original publisher; link this page for the dated record.

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