DUBLIN, June 30, 2015 /PRNewswire/ --
Research and Markets
(http://www.researchandmarkets.com/research/vh42f8/smart) has
announced the addition of the "Smart Transformers Market by Type,
Application & by Region - Global Trends & Forecast to 2020"
report to their offering.
The global distribution smart transformer market is projected to
grow from $903.7 Million in 2015 to
$2,185.8 Million in 2020, at a CAGR
of 19.3%.
Asia-Pacific was the
single-largest market for smart transformers in 2014, holding a 34%
share, and is set to continue its dominance till 2020. Asia-Pacific is also projected to emerge as
the fastest growing market during the forecast period, at a CAGR of
20% from 2015 to 2020, followed by North
America at 19.4%, while Europe is expected to grow at 18.8% during the
same period.
Major implementation of smart grids happens at the distribution
level, with increased consumer communication at the load center.
Smart grids with smart transformers have heavy demand in regions
with high industrialization urbanization rate such as Asia-Pacific and in the regions with aging
power infrastructure such as North
America and Europe. Power
smart transformers, on the other hand, are used in the transmission
networks and integration of the distributed renewable power
generators. Monitoring and controlling of the power flow in
real-time is achieved through the smart transformers. This aids the
development of smart transmission & distribution networks.
The smart transformer market is primarily driven by increasing
power demand, expanding power transmission & distribution
networks, and the need to improve efficiency of grids along with
reduction in wastage of electricity. Smart transformers are an
integral part of the smart grid, offering regulated power supply
with constant monitoring and feedback for outage prevention.
This report provides an analysis of key companies and competitive
analysis of developments recorded in the industry in the past three
years. Market drivers, restraints, opportunities, burning issues,
and latest industry trends of the market have been discussed in
detail. The leading players in the market such as Siemens AG
(Germany), ABB Ltd. (Switzerland), General Electric (U.S.), Eaton
Corporation (U.S.), Alstom (France), Schneider Electric (France), and Crompton
Greaves (India) among
others have been profiled in this report.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Smart Transformer Market, By Type
8 Smart Transformer Market, By Application
9 Smart Transformer Market, By Region
10 Competitive Landscape
11 Company Profiles
- ABB Ltd.
- Alstom S.A.
- Bharat Heavy Electricals Limited
- Crompton Greaves Limited
- Eaton Corporation Plc.
- General Electric Company
- Gridco Systems
- Howard Industries, Inc.
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Siemens AG
- Spx Transformer Solutions, Inc
For more information visit
http://www.researchandmarkets.com/research/vh42f8/smart
Media Contact: Laura Wood
, +353-1-481-1716, press@researchandmarkets.net