Most of the installed transformers worldwide consist of conventional transformers, but the global transformer market is expected to move towards smart transformers that are more equipped to accommodate the significant deployment of renewable energy. Smart transformers provide many advantages, including remote monitoring, improved efficiency, and improved functionality. In the future, a range of initiatives are expected to drive the market of smart transformers, especially in the advanced economies (EU member states and the US), including the EU’s regulation for power transformers, Smart Grids Task Force, Transformer Resilience, and Advanced Components (TRAC) Program, and Grip Smart Program.
Distribution Transformers Service Overview
The research presented in this article is from PTR's Distribution Transformer service. For information about this service please submit a request shown below.
Contact Sales:
Europe
+49-89-12250950
Americas
+1 408-604-0522
Japan
+81-80-7808-1378
GCC/Rest of APAC
+971-58-1602441
More about our:
Distribution Transformers Market Research
Recent Insights
Bridging of the Supply-Demand Gap for Large Power Transformers in the U.S. to Take Time
• The North American transformer market is dominated by large multinationals that offer an extensive range of products and benefit from the...
Revitalizing the Grid: The North American Distribution Transformer Market’s Push for Upgrades and Replacements
• The installed base of distribution transformers in North America is one of the oldest in the world; the market is largely driven by replacements.•...
Energy Transition and Replacements Driving the U.S. Transformer Market
This infographic examines the distribution transformer market in USA, specifically the the two main drivers; energy transition and replacements....