The Europe smart transformers market has been estimated at USD XX billion in 2016 and is projected to reach USD XX billion by 2022, at a CAGR of XX% during the forecast period from 2017 to 2022. Smart transformers are one of the ten most important emerging technologies of the past year. Smart transformers work both independently to regulate voltage constantly and maintain contact with the smart grid to allow remote administration if needed and to provide information and feedback about the power supply and the transformers themselves.
Through a process known as voltage optimization, a smart transformer provides the exact amount of power that is needed and responds instantly to fluctuations within the power grid, acting as a voltage regulator to ensure that the optimized voltage is undisturbed. Due to their ability to directly reduce energy consumption, smart transformers help in reducing greenhouse gas emissions, as well. This makes them an important part of any energy retrofit or lighting retrofit. While smart transformers immediately reduce power consumption by providing a stable, optimal power supply, they also protect electrical equipment from power fluctuations – thereby helping the equipment last longer.
The smart transformers market is driven by certain factors, such as the increasing rate of industrialization, constantly growing demand for power, and changing power consumption patterns by households and corporations all over the world. The market has more relevance today as the need to address the changing power consumption patterns need to be addressed very carefully while balancing the need and the safety of the environment.
The Europe smart transformers market can be broadly segmented by the application and type of the transformers. This technology has applications in smart grid, traction locomotives, and other small segments. By type, the market can be further segmented into distribution transformer, power transformer and instrument transformer.
Geographically, the market has been segmented into Germany, the UK, France, Russia, Spain, Italy, Rest of Europe. The report also elucidates the statistics of each of the leading countries in the region.
The major companies dominating this market for its products, services, and continuous product developments are ABB, Alstom, Cooper Power Systems, Crompton Greaves, Eaton, GE, Gridco Systems, Howard Industries, Mitsubishi Electric, Schneider Electric, Siemens AG, Spx Transformer Solutions.
What the Report Offers
1. Executive Summary
2. Research Methodology
3. Market Overview
3.1 Introduction
3.2 Market Demand Until 2022
3.3 Recent Trends and Developments
4. Drivers, Constraints & Opportunities
4.1 Drivers
4.1.1 Growing Demand for Power
4.1.2 Changing Power Consumption Patterns
4.1.3 Rate of Industrialization
4.2 Opportunities
4.2.1 New Power Transmission and Distribution Networks
4.2.2 High Efficient Transmission Networks
5. Smart Transformers Industry Value Chain Analysis
6. Porter’s Five Force Analysis
6.1 Bargaining Power of Supplier
6.2 Bargaining Power of Consumers
6.3 Threat of New Entrants
6.4 Threat of Substitute Products and Services
6.5 Degree of Competition
7. Europe Smart Transformers Market Segmentation, by Geography
7.1 Europe
7.1.1 Overview
7.1.2 Major Regions
7.1.2.1 Germany
7.1.2.1.1 Overview
7.1.2.1.2 Market Size and Forecast
7.1.2.2 UK
7.1.2.2.1 Overview
7.1.2.2.2 Market Size and Forecast
7.1.2.3 France
7.1.2.3.1 Overview
7.1.2.3.2 Market Size and Forecast
7.1.2.4 Russia
7.1.2.4.1 Overview
7.1.2.4.2 Market Size and Forecast
7.1.2.5 Spain
7.1.2.5.1 Overview
7.1.2.5.2 Market Size and Forecast
7.1.2.6 Italy
7.1.2.6.1 Overview
7.1.2.6.2 Market Size and Forecast
7.1.2.7 Rest of Europe
7.1.2.7.1 Overview
7.1.2.7.2 Market Size and Forecast
8. Smart Transformers Market Segmentation, by Type
8.1 Overview and Introduction
8.2 Distribution Transformer
8.2.1 Overview
8.2.2 Market Size and Forecast
8.3 Power Transformer
8.3.1 Overview
8.3.2 Market Size and Forecast
8.4 Instrument Transformer
8.4.1 Overview
8.4.2 Market Size and Forecast
9. Smart Transformers Market Segmentation, by Application
9.1 Overview and Introduction
9.2 Smart Grid
9.2.1 Overview
9.2.2 Market Size and Forecast
9.3 Traction Locomotive
9.3.1 Overview
9.3.2 Market Size and Forecast
9.4 Others
9.4.1 Overview
9.4.2 Market Size and Forecast
10. Key Company Analysis
10.1 ABB
10.2 Alstom
10.3 Cooper Power Systems
10.4 Crompton Greaves
10.5 Eaton
10.6 GE
10.7 Gridco Systems
10.8 Howard Industries
10.9 Mitsubishi Electric
10.10 Schneider Electric
10.11 Siemens AG
10.12 Spx Transformer Solutions
10.13 Tesla
11. Competitive Landscape
11.1 Mergers & Acquisitions
11.2 Joint Ventures, Collaborations and Agreements
11.3 Market Share Analysis
12. Appendix
12.1 Contact Us
12.2 Disclaimer
