Transformers, May 2024: Thunder Said Energy
Thunder Said Energy said lead times had risen from 12 to 24 weeks to one to three years, and prices by 70%.
+70% All sizes · May 2024 · global
“Lead times have risen from 12-24 weeks to 1-3 years.”
The record
Field definitions- Class on the chart
- Surveys that average all transformer sizes or do not name a type
- Transformer type
- Transformers (general)
- Size / class
- Unspecified
- Region
- global
- As of
- 2024-05
- Lead time as stated
- 1 to 3 years (from 12 to 24 weeks earlier)
- Price change
- 70%
- Price baseline
- Not stated (earlier level)
- Publisher
- Thunder Said Energy
- Source type
- analyst
- Verified
Sources
- Transformer shortages: at their core? (Thunder Said Energy, 16 May 2024) accessed 2026-11-09
Cite this reading
Thunder Said Energy, as compiled by Transformer Lead Times: “Transformers, May 2024: Thunder Said Energy”. https://transformerleadtimes.com/tse-2024/ (accessed 9 Nov 2026).
CC BY 4.0. Quote the original publisher; link this page for the dated record.
Other all sizes readings
Filter the table| As of | Reading | Publisher |
|---|---|---|
| Feb 2025 | Up to three years Transformer (unspecified) | NEMA (via Utility Dive) |
| Apr 2024 | 115–130 weeks Transformers (average) | Wood Mackenzie (via POWER) |
| 2024 | 120–210 weeks Transformers (all, procurement) | NIAC (via Utility Dive) |
| 2021 | 50 weeks Transformers (all, procurement) | Wood Mackenzie data cited in NIAC report (via Utility Dive) |
| 2020 | 4–6 weeks Transformer (unspecified) | NEMA (via Utility Dive) |