Smart Transformers Market worth $2,185.8 Million in 2020,with a CAGR of 19.3%

“Smart Transformers Market”
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.

The report “Smart Transformers Market by Type (Power, Distribution, Specialty, and Instrument), Application (Smart Grid, Traction Locomotive, Electric Vehicle Charging, and Others) & by Region – Global Trends & Forecast to 2020” defines and segments the smart transformer market with analysis of value, market share of leading players, and forecast for future trends. It also identifies the driving forces, restraining factors, and challenges for the market, highlighting the latest trends, and identifying opportunities.

Browse 76 market data tables and 62 figures spread through 182 pages and in-depth TOC on “Smart Transformers Market – Global Trends & Forecast to 2020″

Download Free PDF Brochure:

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 is also projected to emerge as the fastest growing market during the forecast period, growing at a CAGR of 20%, followed by North America at 19.4%. Europe and the Middle East are expected to witness growth rates of 18.8% and 19.3% during the forecast period, respectively.

The global smart transformer market is projected to grow at a CAGR of 19.3% from 2015 to 2020, with increasing demand from countries such as China, India, the U.S., and Germany. Expansion of power distribution networks to connect more populations to electricity supply, modernize aged infrastructure, improving efficiency of power supply using smart grid technology, and increasing installations of electric vehicle charging stations are playing an important role in generating demand for smart transformers.

Leading players in the global Smart Transformer Market include 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. Players in the global smart transformer market make investments in R&D to enhance the efficiency of their products. These companies are expanding into new territories to take advantage of opportunities in the fast-growing emerging economies of Asia-Pacific, the Middle East, and South America through joint-ventures, mergers and acquisitions, and partnerships.

This report offers a detailed 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 global smart transformer market based on type includes the segments of distribution transformer, power transformer, specialty transformer, and instrument transformer. The market on the basis of application has been segmented into smart grid, traction locomotive, electric vehicle charging, and others. Asia-Pacific, North America, Europe, Middle East, South America and Africa, along with information for important countries in each region, such as the China, India, Japan, the U.S., the U.K., Germany, Saudi Arabia, Brazil, South Africa, and others.

Free Sample Pages:

Scope of the Report

This report focuses on the global smart transformer market, which has been segmented on the basis of type, application, and region.

On the basis of type

  • Distribution transformer
  • Power transformer
  • Specialty transformer
  • Instrument transformer

On the basis of Application

  • Smart Grid
  • Traction Locomotive
  • Electric Vehicle Charging
  • Others

On the basis of Region

  • Asia-Pacific
  • North America
  • Europe
  • Middle East
  • South America
  • Africa

Speak to Analyst (Ask for Customized Report Matching Your Exact Requirement):


About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Rohan
Phone: 1-888-600-6441
Address:701 Pike Street, Suite 2175
City: Seattle
State: Washington
Country: United States