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  4. > North America Smart Transformers Market - Growth, Trends and Forecasts (2015-2020)

The North America Smart Transformers Market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2020, at a CAGR of 11.2% during the forecast period from 2015 to 2020. Smart Transformers are one of the ten most important emerging technologies of the last twelve months. A Smart Transformer is a collection of high-powered semiconductor components, conventional high-frequency transformers and control circuitry with communication ability that is used to provide a high level of flexible control to power distribution networks. Smart transformers both work independently to constantly regulate voltage and maintain contact with the smart grid in order to allow remote administration if needed and to provide information and feedback about the power supply and the transformers themselves.

Through a process known as voltage optimization, a smart transformer provides the exact amount of power that is needed, and responds instantly to fluctuations within the power grid, acting as a voltage regulator to ensure that the optimized voltage is undisturbed. Because they directly reduce energy consumption, smart transformers therefore directly reduce greenhouse gas emissions as well. This makes them an important part of any energy retrofit or lighting retrofit.

While smart transformers immediately reduce power consumption by providing a stable, optimal power supply that supplies electrical equipment with its ideal voltage, they also protect electrical equipment from power fluctuations – thereby helping electrical equipment last longer.

This market is driven by a number of factors, such as the increasing rate of Industrialization, the constantly growing demand for Power, Changing Power Consumption Patterns by households and corporations all over the world.

This market can be broadly segmented on the basis of Application and Type of the Transformers. This technology has applications in Smart Grid, Traction Locomotives and other small segments. On the basis of type the market can be further segmented into Distribution Transformer, Power Transformer and Instrument Transformer.

The market has also been geographically segmented into the USA and Canada. USA has huge investments in the Smart Grid technology and hence would be a huge market for the Smart Transformers. Furthermore, the statistics of each of the countries in the region leading in the market have been covered.

The market has more relevance today since the need to address the changing power consumption patterns need to be addressed very carefully to balance the need and the safety of the Environment at the same time. The major companies dominating this market for its products, services, and continuous product developments are ABB, Alstom, Cooper Power Systems, Crompton Greaves, Eaton, GE, Gridco Systems, Howard Industries, Mitsubishi Electric, Schneider Electric, Siemens AG, Spx Transformer Solutions.

Table Of Contents

North America Smart Transformers Market - Growth, Trends and Forecasts (2015-2020)
1. Executive Summary

2. Research Methodology

3. Market Overview

3.1 Introduction

3.2 Markets Covered

3.3 Market Demand to 2020

3.4 Recent Trends and Developments

4. Drivers, Constraints and Opportunities

4.1 Drivers

4.1.1 Growing Demand for Power

4.1.2 Changing Power Consumption Patterns

4.1.3 Rate of Industrialization

4.2 Opportunities

4.2.1 New Power Transmission and Distribution Networks

4.2.2 High Efficient Transmission Networks

5. Smart Transformers Industry Value Chain Analysis

6. Porter's Five Force Analysis

6.1 Bargaining Power of Supplier

6.2 Bargaining Power of Consumers

6.3 Threat of New Entrants

6.4 Threat of Substitute Products and Services

6.5 Degree of Competition

7. North America Smart Transformers Market Segmentation, by Geography

7.1 North America

7.1.1 Overview

7.1.2 Major Regions US Overview Market Size and Forecast Canada Overview Market Size and Forecast Rest of North America Overview Market Size and Forecast

8. Smart Transformers Market Segmentation, by Type

8.1 Overview and Introduction

8.2 Distribution Transformer

8.2.1 Overview

8.2.2 Market Size and Forecast

8.3 Power Transformer

8.3.1 Overview

8.3.2 Market Size and Forecast

8.4 Instrument Transformer

8.4.1 Overview

8.4.2 Market Size and Forecast

9. Smart Transformers Market Segmentation, by Application

9.1 Overview and Introduction

9.2 Smart Grid

9.2.1 Overview

9.2.2 Market Size and Forecast

9.3 Traction Locomotive

9.3.1 Overview

9.3.2 Market Size and Forecast

9.4 Others

9.4.1 Overview

9.4.2 Market Size and Forecast

10. Key Company Analysis

10.1 ABB

10.2 Alstom

10.3 Cooper Power Systems

10.4 Crompton Greaves

10.5 Eaton

10.6 GE

10.7 Gridco Systems

10.8 Howard Industries

10.9 Mitsubishi Electric

10.10 Schneider Electric

10.11 Siemens AG

10.12 Spx Transformer Solutions

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