Nov 21, 2017   SOURCE: BusinessWire

Global Smart Transformer Market 2017-2021: Evolution of Smart Grids with ABB, GE & Siemens Dominating - Research and Markets

The "Global Smart Transformer Market 2017-2021" report has been added to Research and Markets' offering.

The global smart transformer market to grow at a CAGR of 15.25% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global smart transformer market for 2017-2021. To calculate the market size, the report considers the new installations/shipments/sales/volume/value and exclude retrofit/replacement/spares/aftermarket/services market. The report also includes a discussion of the key vendors operating in this market.

Smart transformers, also known as solid-state transformers, control the electric distribution grid. They provide optimized voltage by maintaining the contact with the smart grid to provide feedback about the transformer and power supply through remote administration. Large commercial facilities are increasingly using these transformers, as they cater to the energy needs of the facility efficiently and economically.

In addition, smart transformers act as voltage regulators by instantly responding to the fluctuations. This helps in reducing the consumption of energy without disturbing the optimized voltage and provides optimal power supply to the electrical equipment. Thus, these transformers are increasingly preferred in Point of Common Coupling (PCC) in grids, which helps in protecting the electrical equipment during power fluctuations. Many vendors such as Miracle Electronics offer smart transformers.

Key vendors

  • ABB
  • GE
  • Siemens

Other prominent vendors

  • BHEL
  • CG
  • Eaton
  • GRIDBRIDGE
  • GRIDCO SYSTEMS
  • Howard Industries
  • Miracle Electronics Devices
  • Mitsubishi Electric
  • Schneider Electric
  • SPX TRANSFORMER SOLUTIONS
  • Varentec

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Type

Part 07: Regional Landscape

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report, visit https://www.researchandmarkets.com/research/plw4cs/global_smart.