1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power Market Trends

Smart Transformers Types & Applications - Global Market Outlook (2015-2022)

  • January 2016
  • 119 pages
  • Stratistics MRC
Report ID: 3620245

Summary

Table of Contents

According to Stratistics MRC, the Global Smart Transformers market accounted for $1,093.5 million in 2015 and is expected to reach $2,932.4 million by 2022 growing at a CAGR of 15.1% from 2015 to 2022. Increasing demand for electricity, improving & evolving technology, growing power transmission & distribution networks and aging infrastructure are the factors favoring the market growth. However, data privacy and cyber security are hindering the market growth. By using smart transformers, monitoring and controlling of the power flow is achieved. Smart grids with smart transformers are capturing maximum of the market demand. The demand is attributed to high urbanization and industrialization in Asia Pacific. Distribution segment is witnessing the fastest growth due to implementation of smart grids happens majorly at the distribution level.

In 2014, Asia Pacific dominated the global market and accounted for more than 30% of global share and is also expected to witness high growth rate during the forecast period. China and India are projected to be the fastest growing markets in this region. U.S., UK, China, India, Brazil, Saudi Arabia and UAE are expected to be promising markets over the study period.

Some of the major players in the global market include General Electric, BHEL, Mitsubishi Electric, Schneider Electric SE, ABB, Howard Industries, Siemens AG, Alstom, Gridco Systems, Gridbridge, Inc., Amantys Limited, Cooper Power Systems and Varentec, Inc.

Types of Transformers covered:
- Power
- Instrument
- Distribution
- Specialty

Applications Covered:
- Smart Grid
- Electric Vehicle Charging
- Traction Locomotive
- Others



Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt


What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

The Global Market for Distributed Energy Generation

  • $ 6650
  • Industry report
  • March 2017
  • by BCC Research

Use this report to: - Assess and describe the current status of the worldwide distributed energy generation (DG) industry for all major technologies. - Learn about existing DG technologies and promising ...

Advanced Materials for Advanced Batteries and Fuel Cells: Technologies and Global Markets

  • $ 6650
  • Industry report
  • March 2017
  • by BCC Research

Use this report to: - Gain insight into the market dynamics of advanced battery and fuel cell technologies in terms of market value, number of units shipped and types of materials used. - Identify leading ...

Power Distribution Unit Market, Banking, Financial Services & Insurance, Healthcare, Government, and Energy - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • April 2017
  • by Transparency Market Research

Global Power Distribution Unit Market: Overview This report provides strategic analysis of the global Power Distribution Unit (PDU) market. The scope of the report includes competitive analysis of various ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.