Smart Transformers Market by Type, Application & by Region - Global Trends & Forecast to 2020

The report offers detailed analysis of the global smart transformer market, which is growing in sync with rising power demand, expanding power distribution networks, and increasing investments to make power grids smart and efficient. The market has been geographically segmented into regions including Asia-Pacific, North America, Europe, Middle East, South America, and Africa. The market has been segmented further on the basis of type of smart transformers used, such as distribution transformer, power transformer, specialty transformer, and instrument transformer. The report also provides valuable information on the global smart transformers market segmented by applications (smart grid, traction locomotive, electric vehicle charging, and others) as well as country-level information (China, India, Japan, the U.S., the U.K., Germany, Saudi Arabia, Brazil, and South Africa among others).

The report provides qualitative analysis of the leading players in the smart transformers market, with a clear insight and analysis of the development strategies used and preferred by them. The report also includes a chronology of the developments with respect to contracts and agreements (including joint ventures, collaborations, and partnerships), mergers and acquisitions, new product launches, and expansions. The market dynamics in terms of market drivers, restraints, opportunities, burning issues, and industry trends have also been discussed in detail in the report. Key players including 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 global smart transformers market size is projected to grow at a CAGR of 19.3% during the forecast period. The market was dominated by Asia-Pacific in 2015, which is expected to continue through to 2020. Strong growth has been projected for North America, Europe, and the Middle East smart transformers market from 2015 to 2020, as spending on smart grid technologies and infrastructure, new rapid transit systems using high speed trains, and increased installation of electric vehicle charging stations continue to push the demand. China, India, the U.S., the U.K. Saudi Arabia, UAE, and Brazil are expected to be promising markets for smart transformers from 2015 to 2020.


SCOPE OF THE REPORT
This report focuses on the global smart transformer market; 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

TABLE OF CONTENTS

1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.2 YEARS CONSIDERED FOR THE STUDY 14
1.4 CURRENCY 15
1.5 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 18
2.1.2.2 Breakdown of primary interviews 19
2.2 MARKET SIZE ESTIMATION 20
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 22
2.4 RESEARCH ASSUMPTIONS & LIMITATIONS 23
2.4.1 ASSUMPTIONS 23
2.4.2 LIMITATIONS 23
3 EXECUTIVE SUMMARY 24
4 PREMIUM INSIGHTS 29
4.1 ATTRACTIVE OPPORTUNITIES IN THE SMART TRANSFORMER MARKET 29
4.2 SMART TRANSFORMER MARKET, BY APPLICATION 30
4.3 SMART TRANSFORMER MARKET, BY TYPE 30
4.4 SMART TRANSFORMER MARKET: APPLICATION AND TYPE 31
4.5 SMART TRANSFORMER MARKET: DEVELOPED VS. DEVELOPING NATIONS 32
4.6 ASIA-PACIFIC SMART TRANSFORMER MARKET, BY APPLICATION 33
4.7 ASIA-PACIFIC IS EXPECTED TO HOLD THE LARGEST MARKET SHARE DURING THE FORECAST PERIOD 34
4.8 LIFE CYCLE ANALYSIS, BY REGION 35

5 MARKET OVERVIEW 36
5.1 INTRODUCTION 37
5.2 EVOLUTION 38
5.3 MARKET SEGMENTATION 39
5.3.1 BY APPLICATION 39
5.3.2 BY TYPE 39
5.3.3 BY REGION 40
5.4 MARKET DYNAMICS 40
5.4.1 DRIVERS 42
5.4.1.1 Aging infrastructure 42
5.4.1.2 Future generation mix 42
5.4.1.3 Improving & evolving technology 42
5.4.1.4 Increasing energy awareness 42
5.4.1.5 Emerging demand in high growth regions 42
5.4.2 RESTRAINTS 43
5.4.2.1 Access to affordable capital 43
5.4.2.2 Cyber security & data privacy 43
5.4.3 OPPORTUNITIES 44
5.4.3.1 Monitoring of micro generators 44
5.4.3.2 Power sector reforms 44
5.4.4 CHALLENGE 44
5.4.4.1 Lack of data for effective planning 44
6 INDUSTRY TRENDS 45
6.1 VALUE CHAIN ANALYSIS 46
6.2 INDUSTRY TRENDS 47
6.3 PORTER’S FIVE FORCES ANALYSIS 48
6.3.1 THREAT OF NEW ENTRANTS 49
6.3.1.1 High CAPEX and R&D costs 49
6.3.2 THREAT OF SUBSTITUTES 49
6.3.2.1 Inclination towards the conventional technology 49
6.3.3 BARGAINING POWER OF SUPPLIERS 50
6.3.3.1 Mature raw material market 50
6.3.3.2 Large number of suppliers 50
6.3.4 BARGAINING POWER OF BUYERS 50
6.3.4.1 Buyers outnumber equipment providers 50
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 51
6.3.5.1 Few players dominate the market 51

7 SMART TRANSFORMER MARKET, BY TYPE 52
7.1 INTRODUCTION 53
7.2 POWER TRANSFORMER 56
7.3 DISTRIBUTION TRANSFORMER 58
7.4 SPECIALTY TRANSFORMER 60
7.5 INSTRUMENT TRANSFORMER 62
8 SMART TRANSFORMER MARKET, BY APPLICATION 64
8.1 INTRODUCTION 65
8.2 TRACTION LOCOMOTIVE 67
8.3 SMART GRID 69
8.4 ELECTRIC VEHICLE CHARGING 71
8.5 OTHER APPLICATIONS 73
9 SMART TRANSFORMER MARKET, BY REGION 75
9.1 INTRODUCTION 76
9.2 ASIA-PACIFIC 81
9.2.1 CHINA 82
9.2.2 JAPAN 84
9.2.3 INDIA 86
9.2.4 SOUTH KOREA 87
9.2.5 AUSTRALIA 89
9.2.6 REST OF ASIA-PACIFIC 91
9.3 NORTH AMERICA 92
9.3.1 U.S. 93
9.3.2 CANADA 95
9.3.3 MEXICO 97
9.4 EUROPE 99
9.4.1 GERMANY 101
9.4.2 U.K. 103
9.4.3 FRANCE 104
9.4.4 REST OF EUROPE 106
9.5 MIDDLE EAST 107
9.5.1 SAUDI ARABIA 109
9.5.2 UAE 111
9.5.3 QATAR 113
9.5.4 REST OF MIDDLE EAST 115
9.6 SOUTH AMERICA 117
9.6.1 BRAZIL 119
9.6.2 REST OF SOUTH AMERICA 121

9.7 AFRICA 123
9.7.1 SOUTH AFRICA 125
9.7.2 REST OF AFRICA 126
10 COMPETITIVE LANDSCAPE 128
10.1 OVERVIEW 129
10.2 COMPETITIVE SITUATIONS AND TRENDS 134
10.2.1 CONTRACTS & AGREEMENTS 134
10.2.2 EXPANSIONS 135
10.2.3 NEW PRODUCT LAUNCHES 136
10.2.4 MERGERS & ACQUISITIONS 137
10.2.5 PARTNERSHIPS 138
11 COMPANY PROFILES 139
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
11.1 INTRODUCTION 139
11.2 ABB LTD. 140
11.3 EATON CORPORATION PLC. 144
11.4 GENERAL ELECTRIC COMPANY 147
11.5 GRIDCO SYSTEMS 150
11.6 HOWARD INDUSTRIES, INC. 153
11.7 MITSUBISHI ELECTRIC CORPORATION 156
11.8 SCHNEIDER ELECTRIC SE 159
11.9 SIEMENS AG 163
11.10 ALSTOM S.A. 167
11.11 BHARAT HEAVY ELECTRICALS LIMITED 170
11.12 CROMPTON GREAVES LIMITED 172
11.13 SPX TRANSFORMER SOLUTIONS, INC. 175
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
12 APPENDIX 177
12.1 INSIGHTS OF INDUSTRY EXPERTS 177
12.2 DISCUSSION GUIDE 178
12.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 179
12.4 AVAILABLE CUSTOMIZATIONS 179
12.5 RELATED REPORTS 179