Global Smart Transformers Market Professional Survey Report 2019

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 global Smart Transformers market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Smart Transformers volume and value at global level, regional level and company level. From a global perspective, this report represents overall Smart Transformers market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Smart Transformers in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Smart Transformers manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

The following manufacturers are covered:
ABB
GE
BHEL
Siemens
CG
Eaton
Schneider Electric
Mitsubishi Electric
SPX Transformer Solutions
Gridbridge
Gridco Systems
Howard Industries
Miracle Electronics Devices
Varentec

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Smart Distribution Transformer
Smart Power Transformer
Other

Segment by Application
Industrial Sector
Residential Sector
Commercial Sector