This report presents the worldwide Smart Transformers market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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.

Smart distribution transformers accounted for the highest shares of the smart transformers market in 2017. The developing countries like India and China are witnessing rapid urbanization and this in turn, is resulting in the growing demand for the reliable distribution of electric power. This in turn, will drive the demand for smart distribution transformers in these countries during the next few years.

APAC will account for the major shares of this market during the forecast period. The rising electricity consumption in major countries such as China and India due to the rapid urbanization and the improving living standards, will propel growth of the smart transformer market in this region.

The following manufacturers are covered in this report:

    ABB

    GE

    BHEL

    Siemens

    CG

    Eaton

    Schneider Electric

    Mitsubishi Electric

    SPX Transformer Solutions

    Gridbridge

    Gridco Systems

    Howard Industries

    Miracle Electronics Devices

    Varentec

Smart Transformers Breakdown Data by Type

    Smart Distribution Transformer

    Smart Power Transformer

    Other

Smart Transformers Breakdown Data by Application

    Industrial Sector

    Residential Sector

    Commercial Sector

Smart Transformers Production by Region

    United States

    Europe

    China

    Japan

    Other Regions

    Other Regions

The study objectives are:

    To analyze and research the global Smart Transformers status and future forecast，involving, production, revenue, consumption, historical and forecast.

    To present the key Smart Transformers manufacturers, production, revenue, market share, and recent development.

    To split the breakdown data by regions, type, manufacturers and applications.

    To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

    To identify significant trends, drivers, influence factors in global and regions.

    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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