Global Smart Transformer Market 2017 by Evolving Technology, Projections & Estimations, Business Competitors, Cost Structure, Key Companies and Forecast to 2021

“Global Smart Transformer Market 2017-2021”
This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Smart Transformer Market.

About Smart Transformer, 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.


Analysts forecast the Global Smart Transformer Market to Grow at a CAGR Of 15.25% During The Period 2017-2021.


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Covered in this report

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 market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA


Global Smart Transformer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.


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Key vendors

  • ABB
  • GE
  • Siemens


Other prominent vendors

  • BHEL
  • CG
  • Eaton
  • Howard Industries
  • Miracle Electronics Devices
  • Mitsubishi Electric
  • Schneider Electric
  • Varentec


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Market driver

  • Renewable power generation capacity expansion
  • For a full, detailed list, view our report


Market challenge

  • High investment needed from a financially weak distribution sector for upgrading networks
  • For a full, detailed list, view our report


Market trend

  • Evolution of smart grids
  • For a full, detailed list, view our report


Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Companies Mentioned:

ABB, GE, Siemens, BHEL, CG, Eaton, GRIDBRIDGE, GRIDCO SYSTEMS, Howard Industries, Miracle Electronics Devices, Mitsubishi Electric, Schneider Electric, SPX TRANSFORMER SOLUTIONS, and Varentec.


Table of Contents
PART 01: Executive summary


PART 02: Scope of the report


PART 03: Research methodology


PART 04: Introduction

Market outline


PART 05: Market landscape

Market overview

Market size and forecast

Global power outlook

Five forces analysis


PART 06: Market segmentation by type

Global smart distribution transformers

Global smart power transformers


PART 07: Regional landscape

Geographical segmentation

Regional comparison

Smart transformer market in APAC – Market size & forecast

Smart transformer market in EMEA – Market size & forecast

Smart transformer market in Americas – Market size & forecast

Key leading countries

Market opportunity


PART 08: Decision framework


PART 09: Drivers and challenges

Market drivers

Market challenges


PART 10: Market trends

Evolution of smart grids

Reduction in subsidies


PART 11: Vendor landscape

Competitive scenario

Other prominent vendors


PART 12: Key vendor analysis





PART 13: Appendix

List of abbreviations


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