Smart transformer is also known as solid state transformer. Smart transformer controls power distribution networks. It makes possible the conversion of AC to DC and DC to AC, as per requirement. Smart transformer (ST) 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. Smart transformer facilitates appliances to exhibit optimum efficiency as well as ... Read more
Smart transformers are transformers which integrates a general transformer’s features with monitoring software and communication technology among others. Power transformers are one of the most important and complex component of the electricity generation and transmission process. An owner of a power transformer has to face certain challenges such as high maintenance cost for extending life of a transformer among others. Failure of a power transformer can lead to dire consequences such as ... Read more
The report studies and describes the Smart Transformers in terms of volume and value. The market volume is provided in terms of thousands of units whereas the value for the market is provided in terms of USD million from 2018-2024. The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Smart ... Read more
The report studies and describes the Smart Transformers in terms of volume and value. The market volume is provided in terms of thousands of units whereas the value for the market is provided in terms of USD million from 2018-2024. The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Smart Transformers ... Read more
Smart transformers are transformers which integrates a general transformer’s features with monitoring software and communication technology among others. Power transformers are one of the most important and complex component of the electricity generation and transmission process. An owner of a power transformer has to face certain challenges such as high maintenance cost for extending life of a transformer among others. Failure of a power transformer can lead to dire consequences such as ... Read more
KD Market Insights has published a research report about Global Smart Transformers Market that envisions boost for this market with 11.5% CAGR (Compound Annual Growth Rate) for this market between 2018 and 2024. In terms of value, the market that is worth the XX million in 2017 is expected to be worth the XX million in 2024.
The market research report demonstrates ... Read more
The global smart transformers market is projected to grow at a CAGR of 10.54%, from 2017 to 2022. The market in Asia Pacific is estimated to be the largest market for smart transformers, followed by the North American market in 2017. This trend is expected to continue till 2022. The growth of the smart transformers market is driven by aging infrastructure, increasing emphasis on alternative ... Read more
Smart transformers are solid state transformers that operate independently and remotely to manage the electricity distribution grid in order to control, regulate and monitor the voltage in real time and provide feedback. Smart transformers merge the properties of basic transformers with inbuilt advanced communication technology and monitoring software. Smart transformer protects the electronic equipment from power fluctuations, improves the efficiency and ... Read more
