Smart Transformers Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
City of Industry, CA -- (SBWIRE) -- 08/21/2018 -- This study focuses on the production side and consumption side of Smart Transformers, presents the global Smart Transformers market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Smart Transformers capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Smart Transformers by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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 Smart Transformers market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Smart Transformers.
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This report includes the following manufacturers; we can also add the other companies as you want.
SPX Transformer Solutions
Miracle Electronics Devices
Market Segment by Product Type
Smart Distribution Transformer
Smart Power Transformer
Market Segment by Application
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About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.