Smart Transformers Market Opportunities followed by Growth of the Electric Vehicle Market and the Allied Infrastructure. Smart Transformers Market to analyze competitive developments, such as, new product launches, mergers & acquisitions, expansions and investments, and contracts & agreements, in this market.
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The global smart transformers market is valued at USD 1.47 billion in 2017, and smart transformers market is expected to grow at a CAGR of 10.54%, from 2017 to 2022.
The Smart Transformers Market is projected to grow faster in the Asia Pacific region, especially in China, Japan, and South Korea. The Asia Pacific region is moving toward clean energy on a large scale to meet its growing energy needs in an efficient way.
India, China, and Singapore are some of the potential growing markets in the power and utilities sector.
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Asia Pacific also offered the biggest potential gains for foreign direct investment and attracted 45% of all the capital investment, globally, in 2015. Inquire For Complete Report Copy of Smart Transformers Market by Component (Converters, Switches, Transformers, Hardware for Transformer Monitoring), Type (Power, Distribution, Specialty, and Instrument), Application (Smart Grid, Traction Locomotive, Electric Vehicle Charging), and Region - Global Forecast to 2022 at www.rnrmarketresearch.com/contacts…ying?rname=392900
This research study involved the use of extensive secondary sources, directories, journals on energy storage, and other related rental markets; newsletters and databases, such as Hoover’s, Bloomberg, Businessweek, and Factiva, to identify and collect information useful for a technical, market-oriented, and commercial study of the global market.
The global market is set to a witness significant growth due to increasing emphasis on alternative energy production across the globe, digitalization of power utilities, and huge investments in smart grids and energy systems. Although some cost bearing constraints in the installation of smart transformers are being observed, emerging economies are expected to create better opportunities for the smart transformers market.
- Banks, venture capitalists, financial institutions, and other investors
- Companies related to electric power generation, transmission, and distribution
- Energy associations
- Environment associations
- Government and industry associations
- Government and research organizations
- Smart grid project developers
- Smart transformer component manufacturers, dealers, and suppliers
- State and national regulatory authorities
- Substation equipment manufacturing companies
“Smart Transformers market” spread across 145 pages, profiling 12 companies and supported with 65 tables and 37 figures is now available at www.rnrmarketresearch.com/contacts…ount?rname=392900
The leading players in the smart transformers market include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Eaton (Ireland), and General Electric (US).
Key Point from Table of Content
Smart Transformers Market, By Type
Smart Transformers Market, By Component
AC to DC Converters
DC to AC Converters
DC to DC Converters
AC to AC Converters
SIC Power Mosfets
Insulated Gate Bipolar Transistors (IGBTS)
SIC Power Thyristors
Smart Transformers Market, By Application
Electric Vehicle Charging
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